CPAs and CFOs: Don’t Read This!

My mentor, George Gilder, has a profound post on his Blog from December 21, 2006—Law Number One of the Telecosm.

It’s profound because it’s quoting another of my mentors, Peter Drucker, in one of his last live appearances—a keynote address to a Forbes conference in Seattle for CEOs.

I won’t ruin it for you. Please read it. It’s not only profound, it’s true. And the truth hurts. I would love to hear your thoughts on this, since it’s a topic near and dear to my heart.


  1. Ron, I agree with George Gilder and Peter Drucker! Most accountants spend their life driving their clients and their own businesses forward by looking in the rear vision mirror. You don’t do it in your car – why the hell would you do it with your business? The client doesn’t want to know that their telephone bills went down by 10% last year – they want assistance with developing strategies that carry them, their business and their people forward . This is really what we as accountants are trained to do – not spend a whole heap of time raking over the past – it’s not really predictive and certainly isn’t productive!

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