I love systems.
Seriously — I might be a freak, but I build systems for almost everything.
So much that it is a running joke amongst my friends.
Systems for Everything!
Here are just some examples of some systems I’ve built:
- Throwing a party? Yea, I’ve got a system for that.
- Building an affiliate site? Yea, there is a system for that.
- Writing a review of a product on a blog? Yea, there is a system for that.
- Hiring someone? Yea, there is a system for that.
- Training someone? Yep, even a system for that.
- Making an email intro? Yep, I’ve got a system for that.
- Remembering all my friends and what they are up to after a conference? Yep. There is a system for that.
- Handling business cards and contact info? Yep, I’ve got a system for that too.
When to Build a System
As a general rule I try to build a system for anything that I find frustrating, repetitive, or time consuming. I’ll even go so far to borrow systems from friends for things I’m not good at.
Why? Well, systems are great because they yield an expected and consistent results.
Systems also work as a blueprint so you don’t have to reinvent the wheel everytime you want to tackle a task.
Smart People Borrow Systems
Even though I love systems — there are certain things that no matter how much I try to streamline them, I just don’t have the domain expertise (aka broad knowledge) to tackle them.
A perfect example of this is taxes.
As a small business owner, tax season is one of the most stressful times of a year.
Why? Well because I didn’t have a simple system to help me streamline and simplify my taxes.
This really doesn’t help when you throw in a LLC, separate business accounts, business credit cards, and different emails into the mix.
So what did I decide to do? Find someone who had already built an awesome system.
The Perfect Tax System
Fueled by the frustration of last year’s tax season, I approached my buddy Kyle Durand and asked him if there was an easier way to handle my taxes.
Now one of the best things about being an entrepreneur and traveling often is I get to meet cool people — and as you might have guessed — Kyle is one of these cool people.
I met him in Argentina.
Anyways, Kyle is a Tax Attorney in Seattle, who runs both a tax law firm and an accounting firm.
If that wasn’t impressive enough he also has run ~20 marathons, a few ultra marathons, and 3 Iron Mans.
Simply put, Kyle is a machine.
Not surprisingly he loves systems too and had already built the exact tax system I was looking for… but unfortunately the system required a bit of setup and quite a bit of knowledge about the tax code, especially in the area of tax deductions.
Since most small business owners don’t understand tax deductions, I told Kyle we needed to make taxes approachable for every entrepreneur.
The Ultimate Guide to Small Business Taxes
To help tackle this problem we created TaxReceipts.com, where we set out to build simple tools and systems that make taxes easy for entreprenuers.
After months of work, TaxReceipts.com is what I like to think of as the Ultimate Small Business Tax Resource.
We’ve created a Simple Guide to Small Business Deductions along with the Simple Tax System I had always dreamed about.
In addition we built a simple tax reminder tool, to help entreprenuers remember when the Federal Tax deadlines are. (This year it is April 17th, 2012)
From there we’ve also built a huge list of other Tax Planning Resources.
All in all, it is everything a smart entrepreneur needs to get a simple system in place for tracking their expenses and easily deducting them.
Now if all of this wasn’t enough we’ve got one more tax tool to help you save time and headaches this tax season.
Introducing Tax First Aid
If you are stressed out about tax season, we’ve created a system to quickly and easily help you collect and organize all of your tax information to help you complete your taxes faster and more accurately.
We are calling this tool Tax First Aid and it promises to make this years (and future) tax seasons a breeze unlike a trip to the emergency room.
With Tax First Aid we give you simple worksheets, checklists, video walkthroughs, and a discussion board moderated by a CPA and Tax Attorney.
So if you still haven’t filed your taxes or are planning on filing them this weekend, you can’t afford not to take a look at Tax First Aid.
There really is no easier system to get organized and file your taxes correctly and on time this tax season.
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This is the story of how the best week of my life ALMOST didn’t happen.