Episode 22

How Mental Toughness Can Backfire for Accountants

It's the "Insights in Accounting" show, every Tuesday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.

In today's episode 22, "How Mental Toughness Can Backfire for Accountants" with special guest Lucy Cohen, founder of innovative UK accounting firm Mazuma. https://www.linkedin.com/in/lucycohen

You can also watch this on youtube here: https://youtu.be/AypYzD53fVI

Key takeaways from this episode include:

☆ what ProNation, the new mastermind community for accountants brings to the party https://jointhenation.co.uk

☆ the reasons why a one guru, one expert, one way of coaching or training accountants doesn't always work

☆ why mental health and wellbeing have become major talking points in professional life

☆ what tennis player Andy Murray can teach accounting professionals about not dwelling on mistakes

☆ the importance for leaders in accounting and fintech to consider how they deal with failure and setbacks

☆ how 'the gain and the gap' approach gives valuable perspective for accountants under pressure

☆ where accountants and similar professionals tend to make the most mistakes, particularly in a 'right or wrong' working environment

☆ why we should all be kinder to ourselves when mistakes are made or things go wrong

☆ the impact of self talk or 'in your head chatter' if it is not controlled or acknowledged or even replaced

☆ what accounting and fintech professionals can do or change practically to be more flexible and forgiving in high pressure environments

Source: https://www.cnbc.com/2022/10/26/psychologists-mental-toughness-can-backfire-make-you-less-successful.html

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Mentioned in this episode:

Dead Show / Youtube

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About the Podcast

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Insights in Accounting
Critical insights, commentary and analysis of key issues, trends, news and events in the accounting and fintech world

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About your hosts

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Rob Brown

Rob Brown hosts the multiple accounting podcast and chair conferences, panels and events globally for the accounting and fintech profession. He is co-founder of Accounting Influencers Roundtable (AIR) which helps vendors, experts and influencers serve the accounting and finance world. He is a dynamic speaker and accomplished expert on trust, reputation, employer brand, talent, career development, succession, gen z/generations, employee advocacy and executive presence. Rob is author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk ‘The Personal Brand of You’ has been viewed 400,000 times on YouTube. He is a stroke survivor, has epilepsy, is a committed Christian and has a black belt in kickboxing. He is based in Nottingham UK, home of Robin Hood, plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.
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Martin Bissett

Martin is the founder of the Bissett Group of companies that provide practice and personal growth communities, content, and continuing education exclusively to the accounting and bookkeeping professions worldwide. Previously he established a high six-figure consulting firm while serving as a keynote speaker with over 100 one-off and repeat engagements to his name, as well as becoming the most published author on his topics of specialism with 11 books including 1 bestseller.

Since 1998, Martin Bissett has played a major part in working with over 1800 accounting firms in over 40 countries. These projects have led to those firms acquiring over £500m of recurring fees before inflationary increases, referrals and upselling are factored in. He stopped keeping track of this number over 5 years ago. Martin now advises a range of accounting practitioners and fintech companies at board level.