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Brent Norling

👤 Speaker
496 total appearances

Appearances Over Time

Podcast Appearances

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

It's like, I'm just going to do this thing and then I'll, I'll make enough money and then I can sort this out.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, you know, and I keep picking on the construction industry, but it's just cause I see so much of it.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, you know, they'll price a job, they'll have, um, expectations of what they're going to receive from that, that job.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And that will help clear some debt, but they've, they've ended up mispricing it.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, or there's been complications on site that hasn't worked out like they thought.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And then it just keeps going like that.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Yeah, it's really interesting.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And I think we're quite similar in the sense that we invest in ourselves and we put people around us that kind of supplement and can teach us.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, and it's certainly like, I'm very mindful of what my weaknesses are and I hire that, um, or I will train that.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And, um, you know, in the accounting piece, you know, I've got an amazing accountant, um, happens to be your business partner.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, but, um, you know, having someone who is all over my business and can supplement my weaknesses in that space means that I get, I get all sorts of forecasts that I can then rely on to make big decisions, um, and manage risk, manage things that are coming up that, uh, may not be on my radar.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And, you know, I just think a lot of business owners, they will pay the, you know, two, three grand a year and the compliance costs for an accountant to do your annual returns, which let's be honest, like none of us value, uh, our annual returns.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, the data is so late.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Um, and we do it for the ID, not for us.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Like I want that end of the month or end of quarter data and insights.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Yeah.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

I think a lot of business owners are missing an opportunity to have someone good in their corner because that is, I think, will supplement a lot of gaps that I see.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

I would have interviewed thousands of directors over my career.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

And an overwhelming thing is how many times the accountant gets blamed.

Keep The Change
NZ Liquidations At A 15-Year High: What’s Really Happening? w Brent Norling

Oh, the accountant didn't tell me this, didn't tell me that.