With more than 50 years of financial leadership experience in a broad range of industries, Charles J. Read has a depth of knowledge to share, especially when it comes to outsourcing. As founder of GetPayroll and an expert in helping others navigate the complicated and ever-changing laws regarding taxes and payroll, Read stresses that when it comes to many aspects of business, one can’t afford NOT to outsource.
According to Read, there’s wisdom in knowing your own knowledge gaps as well as your expertise. “The time [outsourcing] frees up to allow you to work on your business is so critically important,” he says.
In this episode, Read also discusses the value in keeping laser-focused on your area of expertise, especially when it’s highly specialized. Wanting to add services for clients can be alluring, but it is crucial to keep up with industry changes and continue to do one thing exceptionally well, rather than offering several things at which you can only be average.
Charles J Read is a Certified Public Accountant (CPA), U.S Tax Court Practitioner ( USTCP), member of Internal Revenue Service Advisory Council (IRSAC) and the Founder of GetPayroll. Mr. Read’s companies have provided full-service payroll services, payroll tax services, and other payroll-related services since 1991.
Read is an accomplished senior executive and entrepreneur and the author of four books, including his latest, The Payroll Book. For a free copy, visit ThePayrollBook.com and use the coupon code: PODCAST.
Key Takeaway: It is imperative to recognize your knowledge gaps and when a task or an aspect of your business should be outsourced. Delegating will not only help you focus on your expertise, but will also free up the crucial time needed to work on your business, rather than in your business.
- Discipline is necessary in all actions or else you will fail
- Know your numbers. I am CPA so its easy for me but it is vital for anyone looking to scale
- There no traffic jam on the extra mile. Take pride in your work and go the extra mile
For More Information:
- Get Payroll: https://getpayroll.com/
- LinkedIn: https://www.linkedin.com/company/getpayroll/
- Twitter: http://twitter.com/getpayroll/
- Facebook: http://facebook.com/getpayroll/
- LinkedIn: https://www.linkedin.com/in/charles-j-read-cpa/
Get your FREE copy of The Payroll Book: www.thepayrollbook.com (Use coupon code: PODCAST)