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Jack Welch is Not Buying the Whole Work-Life Balance Thing

art.welch.cnn.jpgJack Welch, who is increasingly looking like Gollum these days, has been quoted saying that there is no such thing as “work-life” balance only “work-life choices”, according to a story in the Wall St. Journal.
The quotes were in context of women who choose between spending time with family and those that want to “reach the top” but you gents aren’t immune.
Accounting firms are constantly selling “work-life balance” as a priority but we’ll take Welch’s comments as gospel here since, nothing we’ve seen or heard makes us believe otherwise.
So next time you get the work-life rhetoric, you’ve got some published material for your back up your “I call bullshit” argument. You’re welcome.
Welch: ‘No Such Thing as Work-Life Balance’ [WSJ]

Nightmare Client of the Day: Lady Gaga

Lady Gaga.jpgAs you are all aware, there are some hella-suck clients out there for accountants. Demanding clients, unorganized clients, asshole clients, etc.
Then there are the clients that just don’t give a damn about how much money they may be throwing around.
Today’s example is none other than Lady Gaga and the nightly extravaganzas she puts on.
For some reason LG strikes as the sort of client that would show up with all her receipts in shoeboxes but in her case, there would be hundreds of shoeboxes and they’d all be fabulous.

The ‘Bad Romance’ singer – who describes her stage show as “ostentatious and over-the-top” – is making a heavy loss every night she performs on the North American leg of her ‘Monster Ball Tour , which has so far overspent by £2m (€2.2m) even though every concert is sold out.
The massive costs have been run up by her elaborate stage design, costumes and props, including the giant bath she used while making a promotional appearance on UK TV talent show ‘The X Factor’.
A source said: “The concerts are losing money hand over fist because they’ve spent a fortune on pricey costumes, technical equipment and elaborate set designs. She spent £500,000 (€550,000) on one stage alone.
“But Lady Gaga gets what Lady Gaga wants. Her wardrobe is huge and she wants to shock – and that costs serious money.”

There are many — including our friends at Fashionista — that say the woman is an “utter genius” and that genius simply cannot be denied.
Fair enough but accountants, being the practical creatures that they are, would not stand for such irresponsible behavior. From the sounds of it however LG’s accountant seems to accept the notion that the woman is an artist, bottom line be damned.
If you’ve got ideas on how to keep her spending under control, we’re all ears but personally, if she walked up to us (sans pants naturally) we’d have a helluva time saying no.