You’d probably be surprised if you sat in on some of the meetings I have with Long Island and Stamford tax planning and preparation clients.
This is by no means the majority of my clients here at Team Michael Kessler, but there is certainly a good subset of Long Island and Stamford business owners who have piled away a ton of financial resources … but who are bored, tired and a little numb.
They haven’t taken the time to dream. Or they’ve left those behind in the pursuit of “success”. Or, more importantly, they haven’t put flesh on whatever dreams they might have had in their youth.
It’s never too late.
A few reminders before I speak into this…
* 1099’s and W-2’s are due Friday! If you need help with this process, this is something we *routinely* do, even for previous non-clients, both here on Long Island and in Stamford and beyond. Give us a call: (516) 449-2852 or (203) 658-5092
* On the personal side, if you are one of our Long Island and Stamford business tax preparation clients, we are also glad to handle the preparation of your personal return. Depending on your business entity, we cannot file your personal return until your books are in order. Start that process now.
[And, of course, this is also something we are glad to help you with. Don’t try to “go it alone” in these areas … it can be a 4-5 figure mistake!]
Now, assuming you’ve got those w-2’s and 1099’s all set, delegated, etc. … let’s talk about avoiding that numb haze I’ve seen so often.
In fact, could this be the time to print out this post, shut down your computer, and do a little dream planning right now?
Here’s a suggested format…
Michael Kessler Offers Two Exercises For Life/Business Dreaming
“Life can only be understood backwards, but it must be lived forward.” -Soren Kierkegaard
This is when you get to see my very different approach from your traditional Long Island and Stamford accountant!
Here’s a way to recapture some of those dormant dreams…
Get a piece of paper and make a list of all the things you want to do during your lifetime — no matter how crazy or undoable some of those things might seem. If you want to go on an African safari and become a famous gorilla researcher, then write it down. If you want to sip coffee at a Left Bank café in Paris, then by all means, put it on your list.
Include all the seemingly mundane things you want to do, too. Do you want to spend more time with your children, your spouse, or your parents? Write it down. Don’t hold back. Be as wild and daring as you want to be. Let yourself dream big.
Once you have finished the above exercise (and not necessarily in the same sitting) take another piece of paper and ask yourself, “If I had a million dollars in the bank that was exclusively for me — and I had no responsibilities and knew I would not need the money in the future — how would I choose to spend a perfect day?” Maybe you want to write a novel, talk to a friend, or own a ranch and raise goats. Whatever it is, write out your perfect sort of day. These are not necessarily the big event things you want to experience, but your idea of your perfect day of living. Again, don’t hold back.
People are often surprised at how powerful these two exercises are. How do they help you? They help you know what your big dreams are. They help you see clearly what your priorities are. And they help you see how far away from or close to your dreams and perfect daily existence you are.
And once you know that, then you can lay out a strategic action plan that lets you use your precious time to work toward the quality of life to you aspire – that is, what you really want in life!
I would ask that you forward this article to a Long Island and Stamford business associate or client you know who could benefit from our assistance–or simply send them our way. These particular articles usually relate to business strategy because, as you know, I’m a Profitability Consultant also specializing in tax preparation and planning for Long Island and Stamford families and business owners. And we always make room for referrals from trusted sources like you.
Warmly (and until next week),