Edmonton Business Consultant | Multitasking Myths – Part 2
Kevin, what happens if you want to do the supplier visits later in the day? What’s it, what’s it like going to the supply trades guys or in your guys? Maybe go to the wholesalers. Yeah. What do you guys do? Electrician. Edmonton business consultant. You’re your certain way. MCAT, right? Yeah, exactly. So what’s it like at the wholesalers in the morning? Is it a social gathering? Do you find you don’t? What if you’re coming in with your list and it’s a mile long and what do they always do? I know what the, the wholesalers, the short park, they’ll love to bring in donuts every morning. Coffee and donuts. So here’s all these guys. I come in and that’s been coming in and they’re talking about what they did last night. And in the meantime, I’ve got a crew of guys that were waiting on me and I wasn’t first through the door.
I didn’t have my order the night before, a couple of days ahead of time. Whole lead cost me thousands of thousands of dollars. Kevin, you get the call? Yep. I’m the guy, Kevin, everything’s going good. Oh no problems here. What happens if you skip one of these jobs? Oh my gosh. You know, you get to a point where you want to be able to depend on your guys and have confidence in what they’re doing and it’s, it’s, anyone read that you myth. You guys know what the book, the e-myth. Okay, great read if you haven’t read it, but I’m a great part of that book is a lady owns a pie shop and then she starts, she hires a person to start taking things off the plate and then she’s like, oh right, everything’s going to be looked after because I hired this person. They’re looking after things. I don’t need to check into that.
So I’ve been caught before with having my guys on a job site, and especially this particular one was one who was out of town. So it was about half hour drive out there. And I’m like, do I really need to go through today? I’ve already talked with the guys that got all the material, everything is going great. You know, they’re going to be able to throw a week. I’m going to go to something else. So didn’t make that job site visit all week. And then I get a phone call from the customer on the weekend and he’s like, can you come out and see me? And this was an old firm, you know, hell of a nice guy. More money than you would to do it. But he’s like, can you come and see me? We’ve got to talk and Oh sure they can take me if he wants to change the project.
And that, and I, this was on a Sunday, very, very unusual that I have to go with her on Sunday and I get up there and he’s like, um, you know, I think I’d just like your guys to pack up and I’ll get someone else to finish the project. And I’m like blindsided. I don’t know what, what had happened, but little did I know that the guys were getting work done, but they were coralling between themselves and the customer is watching this and he’s just like, these guys are burning up money. I had no idea what’s going on because I’m hearing from my people that it was, everything was going fine. So, you know, I was out of touch with it. It was my own fault, but I just assumed I’ve got the right guys there. Everything’s good. Yeah. Good. And we almost lost that project. We did, you know, we did save it, but boy, what a learning experience from an Edmonton business consultant.
So, uh, I really let, didn’t do it with the questions before I started, uh, with uh, Kevin here. But what was, what is the impact? Uh, if you don’t pay your taxes and employees is like the doom loop, as soon as you stop making your shakes, especially your payable remittances. Yes, we see people who miss their payroll remittances. We instantly know that there’s like, it’s like 50, 50. If they’re gonna make it through the rest of the year. Now, like now we’re wondering if this person even going to be a client, they remittances is going to be fine up to 20% if they’re missed. So if you pay your staff and don’t send the government, they’re cut. Edmonton business consultant, you know, that penalty can be 20% overnight, one day light, 20%. You don’t want, the annualized interest rate is on that 20% in times by three 65 and you get a whack of an interest rate that’s your, that’s what you’re paying for being one day late on, um, on payroll remittances.
Um, and you are personally liable for our paid taxes. Those won’t go away when the corporation goes away. Theory, it’s going to keep coming for all the directors of the corporation for those remittances. So that is the absolute new balloon. Um, and that’s like the cut and the cut that needs to be made is you need to lay them off, need to lay them off. You think that you can keep them on and let the government, you know, use the payer ordinances as a method. You need to lay them off. That’s the, you just have to lay them off at that point. Um, if cause you can’t afford it, we’ll just, it will ruin your business. Seen it before, with an Edmonton business consultant, on other businesses. Um, if I have a corporate entity as the city business license required, like 90% of the time that’s required. There’s a couple of exempted industries like accountants or exempt industries like engineers, I believe medical practice, anyone who’s like a professional practice cause they have to report to the governing body usually is exempt because it beautiful just being like redundant. That being said, I have never seen a fine or not having a business license if you don’t piss off your neighbors. So, um, you know, do what you want. It’s not one of the more significant things you might get a photo radar ticket do on the way home touch on
that perceptual business license. So, um, in our electrical trade, if you are a certified master on like I am, uh, you, you wouldn’t be exempt from needing to have businesses licenses in different municipalities to do work. If you don’t have that, then you know, if you want to do a job in Saint Albert, you could be paying $600 for a business license. Uh, so it does, it does apply to our electrical training, but that’s not very common in the construction industry as far as I know. Yeah. To have that. Yeah. What industry was that from that the question [inaudible] [inaudible] you want, sorry.
Yep. Sorry. Rentals. Rental properties. Yeah, I’ve never seen a fine, oh yeah, yeah. Let’s say that through [inaudible] license. [inaudible] I’m going to give you like a insight into like the mindset of the ridiculously stubborn entrepreneur. Um, when I, when I got here to unload my truck, um, last bootcamp you are parked and right up at the door, over the curb. You know what the city of Edmonton would have said about that. So you gotta be careful, like remember 168 hours is the most important thing in your business, right? So like, you’ll need a business license sometimes, but I’ve literally seen businesses, I have one this year went bankrupt because they were all, they spent all our time on city permits trying to get permits. They pay tens of thousands of dollars. It was, it was quite a specialized operations. But if it was me, I would’ve said, I’m opening up city, you can come and tell me what I’m missing.
Edmonton business consultant knows that it’s kind of a cost to doing business, right. So you, you’re going to have to have that mindset sometimes and that’s like, like that’s the real life answer. Right. And that’s just like, uh, so you know, find what you can quickly on it. Right. Kevin’s gonna need it, cause sometimes you can’t pull apart. Right. Right. If you don’t have the right license. Right. Uh, well that’s right. Yeah. As far as, yeah. If you’re wait, say my trade, if you’re not a master electrician, you can pull a permit unless you’re just doing work on. Yeah. So, um, you’re gonna need to break some rules as entrepreneurs sometimes I’m was telling you, you have to break the city them into business license rules. But I’m saying like, if it’s like so great and your back and forth, I was like, okay, here’s this open like, uh, what are they going to come by and give you a fine for 250 bucks every once in a while and the Henday if I’m speeding by that might be my ticket.
Anyways, that’s all right. Um, mentioned batching by him for the fairs. This, this batching right here, Kevin batches, all his calls and emails. So task switching is the enemy of productivity. So let’s say you want to write content for your website. You want to write that whole thousand words, you know that you’re going to need for the page before you put down the 10. You don’t want to stop it started at eight times because task switching is the enemy of productivity. So any tasks that you can batch together and like Kevin is batching all of his emails into one day a week, right? He’s batching his emails and until one day a week. Right. So you’ve got to look at those similar tasks. Can I batch them together and tackle them at the same time? Uh, anything that you go to repeat in business, you generally want to finish it or do as many of them.
Like I make videos. Anyone ever seen any of my youtube videos? I, so I make them like seven at a time. I write seven headlights. I film seven videos, I edit seven videos. Like I do it all at once because if I wrote film edited, it’s significantly slower. Do you want to batch certain tasks? You just get in that mindset and you can just knock it away quicker. Um, so like it’s a great book, but I just don’t think the average entrepreneur is going to have a lot of success working four hours a week. But there’s some excellent principals and I’m like that one. Edmonton business consultant, how do you successfully work with your spouse? Well, Sandra does hair and I do accounting. So that’s how we successfully worked together. And then you kind of crack this. But here’s a who, who’s we got Trevor. Karen,
what do you think? Well, we have to do is decide first off, which Taft’s each one is going to do. Right? You have to have that kind of set in stone. What’s what skill set and how many hours each person can dedicate to the job. For Myself, I’m the one who is in the office. I’m the face of the business. I’m doing the majority of the, uh, the work with the clients as well as any of the, um, the nuts and bolts things. And my wife takes care of our children. And then, uh, she also provides, uh, some work visiting clients in office. So she has a few, um, medical clients that she visits in office and does videos with. And then I help with the, uh, nuts and bolts, editing videos, uploading their content and um, making sure that those things are taken care of.
So it’s really deciding between the two of you of who’s gonna do what, um, and divided up equally that way. Find out which, which person wants to do, be the face of the business, which person needs to be the CEO, and which person is going to be the support. So I would say the best thing that you can do if you have kids and family is one of you. Decide to be there and be that support there and help the other person, um, you know, be committed to working in the business 10 to 12 hours a day, seven, six days a week, and making their life a lot easier so they can build and grow the business and then help out in the business with some things. Like for example, our Edmonton business consultant, um, uh, Clay Clark, he, his wife does the accounting and legal, that’s her part and then she looks after the five kids. So it’s just determining what portion of the, of the work that’s going to be each role. And then once you make that decision, just stick with it and roll with it. It’s not always rosy, not always easy, but it’s not, that’s life.
Yeah. Suck it up buttercup. The always perfect [inaudible] air fire. [inaudible].