The Wize Way

Episode 84: WizeHub: The Next Level Business Intelligence

• Wize Mentoring for Accountants and Bookkeepers • Season 1 • Episode 84

Share episode

WizeHub is a business intelligence application designed to monitor the performance of your company in real-time, with a focus on aligning technology and people to achieve optimal results. 

Complete our 60-second questionnaire to see if you qualify and we’ll personally give you a 1:1 walk-through on how I’m using the WizeHub to build Sky Accountants and 100+ other firms around the world. 

https://www.wizementoring.com/wizehub-demo/

______________
In today's episode of The Wize Guys Podcast, Jamie Johns and Wize Mentor Tim Causbrook delve into the features and benefits of WizeHub, a cloud-based solution for managing accounting and bookkeeping firms. 

Jamie recounts the genesis of the idea for WizeHub, sharing his passion for technology and how his struggles with dyslexia inspired him to create a tool that could facilitate effective learning and organization. Tune in to discover why WizeHub is an essential tool for scaling and growing your practice, empowering firms to operate independently of the business owner.

________________

PS: Whenever you’re ready… here are the fastest 3 ways we can help you fix and grow your accounting firm:

1. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here

2. Need to Hire right now? Book at 1:1 FREE hiring assessment with our WizeTalent recruiters to help find your next best employee locally or offshore – Click Here

3. Book a 1:1 Wize Discovery Session – Spend 30mins with our Wize CEO, Jamie Johns, a $7M firm owner who is ready to give you his entire business plan to build a firm that can run without you – Find out more here

Tim Causbrook:

You've got to master leading yourself. So that's about self-discipline, that's about experience, that's about controlling your feelings. So you've got to lead yourself.

Wize Mentoring:

From Wize Mentoring is The Wize Guys Podcast, a show about accounting and bookkeeping practice owners and the many stories, lessons, and tips from their experience of transitioning from a time-pull practice to a business that runs without them. I hope you enjoy and subscribe.

Tim Causbrook:

I'd love to dive straight in, Jamie, just before we kind of have a bit more of a practical look at some of the features. Could you just give us a bit of the context around the Wize Hub? What is it? Why did we decide maybe to remake the whole thing, and how important is it to you and running your business, your accounting firm as a business? I'd love a bit of an overview there if you can set the scene.

Jamie Johns:

Yeah, thanks, Tim. I have a bit of background, so it sort of goes way back to before I met Ed, when I've always loved computers and technology, even as a kid. So I think in 1991 I got my first computer. I remember back to those days. I think the RAM was two megabytes.

Jamie Johns:

But look, essentially as I started growing Sky everyone knows that you have your cloud stack, all your different programs and everything seemed to be everywhere. And then, to give you a bit more context not that I'm proud of it, and I still am, I think to a degree, and it's quite funny I was actually sort of like dyslexic, so everything had to be really organized for me like step one, step two. I just really struggled to learn until I got a grasp on how I had to learn. To give you some context, about 10 years ago I was introduced to SharePoint, which is a massive system in Microsoft, and it essentially had what you call an intranet. So I started playing around with the intranet where it could be one centralized place to manage the entire firm. You might have to run your own firm. You might have 20 different apps everyone knows what that's like I toyed with the idea of different menus and I'd been into business coaching with Brad Sugars, who's the founder of Action Coach International, and if anyone's read his books he talks about the business chassis and so he talks about business goes through four or five stages where the leads come in, and from marketing that goes to sales and production and all that talk thing. So when I met Ed, Ed had this concept of the seven divisions of a firm and I was using SharePoint and I thought, wow, that's pretty cool. I could take, like Ed's knowledge from the 7 divisions and apply it to my SharePoint site, and so we did that. Over the years I kept developing the SharePoint site, so we've really probably had three prototypes of this. First of all, Tim, when I created, and then secondly the Wize Hub version that the firms would have seen, and it was quite clunky because everyone knows you had to open about eight sheets and different things to get the fad five, the five most important key performance indicators that influence human behavior in terms of the performance section that you showed earlier.

Jamie Johns:

And then I think it was Brenton's idea that said well, why don't we get a programmer to program this? And it's funny Brenton said that because about five years ago actually had another industry figure from the accounting industry who was a programmer and, like, he offered to create it and I just said, nah, don't worry about it, it'll be too hard. And he had to. That's how the Wize Hub was born in that process. And then, yeah, it's about two years into development now that the Wize Hub finally became real and yeah, here we are today. So hopefully that gives a bit of background. But I've been using it at Sky now testing it and debugging it for quite some time.

Jamie Johns:

I think the concept with the Wize Hub there really is a different level of thinking, because if you're going to work in your business and just focus, like totally in it, then the Wize Hub to a degree is irrelevant, but really sort of study. This and what I've found is the Wise Hub is really all about that quad two. So if you understand how it always talks about quad one and quad two, the Wise Hub is a quad two tool. If you live in quad one, you probably won't use it. But if you want to scale you want to plan ahead and you want to get some freedom from your firm as I have an Ed taught me then the Wize Hub tool is 100% a Quad 2 tool.

Jamie Johns:

It's probably a really I've never said that before, but that's really what it is, Tim. It's a quad tool and you can use the tool to scale and grow using the framework that we teach so that ultimately, you can treat your firm as a business that will run without you. It's really the key that you set at the start, that combination of people and processes and performance, and that's really the key. And if you can bring all those together, then 100% you will have a firm that will run without you, and it's those three things. That's why I was quite adamant about putting that guy and girl on the front because it's about that. We can have all the technology in the world and there are all these conferences on technology that we've all been to, yeah, but quite literally they don't. They don't actually help unless you get people aligned with using them correctly but for a result, and that's the performance and that's the Fab Five. And so in my journey, I couldn't find anything that would give me the Fab Five.

Jamie Johns:

So I hope that's a background.

Tim Causbrook:

No, that's awesome.

Wize Mentoring:

Thanks for tuning in. If you liked this episode, please remember to subscribe and leave us a five- star review For more practical, wise tips on how to build a business that runs without you, head over to wizementoring. com/ podcast to download a free copy of The Accountant's 20-H our Work week Playbook. We've included a link in the show notes below. See you in the next episode!