If you’ve read Malcolm Gladwell’s The Tipping Point, you’ll recognize the meaning of 10,000 reps. Gladwell describes how experience over a long period of time builds competency. In order to become successful with any chosen pursuit, you have to put in the time.
You also have to be committed to your goals and willing to stick with them. This is called perseverance. Finding something you are good at, that you enjoy and that you can stick with to become better.
At the same time, be realistic with your goals so you can attain them, mainly by constant improvement. For example, Jenny Clark is never going to be a professional hockey player. How do I know this? Because I was not born in January. In The Tipping Point, Gladwell makes the observation that most of the NHL players have January birthdays. Why is that? Because the kids born in January are typically the oldest players on their sports team – a little bigger, a little faster, and maybe a little smarter than their team peers. As a result, they get to play more – usually the first string. Then, they continue past the regular season, either as part of the playoffs or on the all star teams.
Maybe this is not the only reason I am not in the NHL, but it does help me focus on what I can do to improve my performance in any field at any time. Keep working at it!
For 2015, my goal is to introduce Group Personal Training (GPT) in the government contractor accounting field. I do have 10,000 reps in this area. In addition, I’ve got lots of starts but few finishes in several areas. Like my Government Contractor in A Box (Accounting Edition) product line of website, training manual, webinar series, Solvability RPM (rate and pricing model), DCAA Compliant QuickBooks Boot Camp, and many, many more.
The concept of Group Personal Training is modeled on Orange Theory Fitness – you may have seen their Orange Bike logos and locations. I thought Orange Theory was an exercise program based exclusively on spinning – the biking programs. But Orange Theory means that you set your own goals, and just show up for an hour, and let a coach like Roger or Matt direct you through the treadmill, then rowing machine and weight room exercises. They change it up and use intervals. Working on my own, I’d always just do the treadmill. But with Orange Theory, they have Base, Push and All Out on the treadmill, and you learn how to push yourself. I would also skip all the weight stuff if I could get away with it. I can barely do a push-up even on my knees. But, with the tracking systems, I am forced to keep improving and I can see the metrics.
So how does that apply to government contractor accounting? Everyone in this field has skills they are good at, and skills that they want to learn and improve. Following on the Orange Theory concept of Walker, Jogger, Runner – let’s make that basic, intermediate and advanced. And across three disciplines: accounting, government contracting and cost accounting. Accounting will be the basics, starting with General Ledger with Accounts Payable and Accounts Receivable, plus Payroll and Labor Distribution. Government Contracting will be DCAA compliance, direct and indirect costs, unallowable costs, basic indirect rate calculations, backlog analysis and pricing strategies. Cost Accounting will be job costing, burdening and indirect rate application, revenue recognition and profitability analysis.
How am I going to do this? I don’t have that all figured out – if you like this concept and want to participate, let’s design it together! Contact me at email@example.com or call me at 256-882-6276.