Richard A. Lindsey, CPA

Lindsey & Waldo, LLC – Certified Public Accountants

  • Jun 1

    2012 is nearly half gone. How are you progressing with your goals? You do have goals, right?

    It is easy to get distracted by life’s daily activities. Many set goals, few follow through.

    When it comes to the economy, there are those predicting better times ahead and there are those predicting horrible doom and gloom. As always. Now I certainly pay attention to what some of the experts say, but I try not to rely on any one expert too heavily, preferring to listen to the counsel of a mastermind group that I meet with regularly. After all, you should…

    Beware of expert pundits…


    “The Americans have need of the telephone, but we do not. We have plenty of messenger boys.” — Sir William Preece, chief engineer at the British Post Office, 1878.

    “Who the hell wants to hear actors talk?” —H. M. Warner, Warner Bros., 1927.

    “I think there is a world market for maybe five computers.” —Tom Watson, chairman of IBM, 1943.

    “Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.” —Darryl Zunuck, 20th Century Fox, 1946.

    “The world potential market for copying machines is 5,000 at most.” —IBM executives to the eventual founders of Xerox, 1959.

    “There is no reason anyone would want a computer in their home.”—Ken Olsen, founder of main-frame-producer Digital Equipment Corp., 1977.

    “No one will need more than 637 kb of memory for a personal computer – 640K ought to be enough for anybody.” —Bill Gates, Microsoft, 1981.

    “Next Christmas the iPod will be dead, finished, gone, kaput.” —Sir Alan Sugar, British entrepreneur, 2005.

    As computer scientist Alan Kay said, “The best way to predict the future is to invent it.”


    And I fully agree — but with this adjustment: the best way to predict the future for YOUR business is to set measurable goals and with quantifiable actions attached to those goals. Don’t be distracted by the rush of technology, the clamor of the marketplace or the drum banging of the naysayers. Focus on what YOU will do during the rest of the year to make 2012 your best year ever.