Does experience matter?

By mike | March 11, 2010 | Improve business

The following is an often recounted story at accountancy seminars….

An accountant was overheard in a pub dressing down one of his employees about his inability to complete tax returns and financial accounts efficiently and without errors.

‘But he has been qualified for 3 years and is still making mistakes – you just can’t get newly qualified staff these days to do the job’ he was heard to say…….

Another accountant who had known him for a number of years pointed out that he has 30 years of experience……and his member of staff has 3 years…….experience is not something you can buy….you have to earn it!

Why am I telling you this story, about the inefficiency of newly qualified staff you may wonder. For two reasons:

  1. Use your own experience in your business the best way you can. Guide and mentor your staff, whilst at the same time give them enough room to learn – pass on your experience where you are able. Point out to your customers that you have experience in your industry and that you understand their needs.
  2. I have over 25 years experience in dealing with SMB’s – not just as an adviser but at the coal face in industry as CFO. I understand what it is like for an accountant to tell you that you have missed to claim $10 extra gst – does it matter? Experience teaches you to focus on the key points that matter – if you want to discuss how Mike can help you in your business call me now on 0401 631 904 and I will give you a free copy of ‘The E Myth’ – a must read book for all entrepreneurs!