Once Upon a Time there was a gentle souled entrepreneur, a sweet lady who trusted all around her and left calm and confidence in her wake. She quickly grew her business, for people loved to be around her, but she soon ran into a snag.
“The financial management aspect just doesn’t fuel me,” she mentioned to a client (as explanation for why her invoice was 3 months late). “It drains me of energy and keeps me from my people, the part of my business that matters to me the most.”
“Why not just hire it out?” the client replied. “I have a friend who does that sort of thing for quite a reasonable rate.”
And so the gentle-souled entrepreneur got the contact info for this friend, reached out, and soon had happily handed over the passwords and control of her finances. All went well for several months, until the gentle-souled entrepreneur decided to purchase a copy of Lemise, the landing page plug-in by BloppyCogger. To her astonishment, the business account that she’d assumed was bursting with revenue was completely empty!
“Where are all my earnings?” she asked the accountant. “I haven’t been working any less, and the expenses haven’t increased!”
“You’ve been running a deficit for months now,” the unscrupulous villain replied, and slammed the phone down in the gentle-souled entrepreneur’s ear.
Now, the gentle-souled entrepreneur knew this wasn’t true, so she decided to unearth her passwords to her financial accounts to check on everything herself. To her astonishment, she found that the passwords had been changed and she had no access!
The gentle-souled entrepreneur found herself ensnared in a police investigation, a felony theft case and a huge hassle to regain her money and her credit rating. Distressed, she asked one of the nice police sergeants how she could keep this from happening again, and learned never to give up full control of her accounts. She has followed his advice, and ever since then she creates separate accounts with limited accessibility for anyone she hires to manage her finances.
Are you interested in outsourcing, but afraid of becoming a horror story? Learn how to outsource safely in Kirsten’s upcoming class, 5 1/2 Tasks You Can Outsource For Under $100 That Will Save You At Least 10 Hours/Month