Posted on: August 16, 2021 CPA practice development, Grow CPA practice, Self Development

 

Have you heard of the Rule of 72?

 

The Rule of 72 states that when you have an idea, you want to take an action within 72 hours.

Too often I see practice owners that have great ideas that are never implemented. 

 

Ideas that are not implemented:

- Are not money in the bank.

- Don’t result in higher profits.

- Don’t result in PROGRESS.

 

I was guilty of this in my early years as a practice owner. I found great ideas but never took ACTION.

If you don’t act on them within 72 hours, they remain ideas and eventually fade away.

It only takes one small step to take that idea to the next level-- keep doing it one step at a time.

 

Get in the habit of acting and thinking this way and it will give great results.

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