rise to the top with a fresh elevator speech

3 tips for a powerful pitch.

by sandi smith, cpa
accountant’s accelerator

an elevator speech is that short and sweet 30-second answer to the question “what do you do?” in networking circles, it’s critical that your elevator speech is clear and interesting. if it’s not, people will be confused, and no one who is confused will know how to refer you to others.

sandi smith

more for soloists and small firms from at 卡塔尔世界杯常规比赛时间:  four ways to practice entrepreneurial perseverance • 5 mistakes to avoid when seeking new clients •  the success secrets women already know  • his and her brains at work in tax and accounting  • the power of deadlines in closing a deal on the road to a stress-free life: identify your character strengthsthe missing ingredient in your marketing that will make all the difference  • 3 steps to start running on millionaire time  • 5 mistakes to avoid when seeking new clientswhy you’re missing out on 98% of your new business potential • how to win new clients with a freebie strategy  • the top 12 business card blunders accountants makeseven tips to keep the clients you have how to attract clients like a magnet eleven easy ways to deliver more value to clients five things accountants take for granted that costs them revenue what’s in your new client funnel? what’s in your welcome kit for new prospects? five fun and easy ways to wow your clients six ways to give yourself a raise strategies to stop losing business to competitors

the typical networker recites their elevator speech by listing everything they do. for example, i recently heard an insurance agent say, “we insure your auto, car, home, life, …” well, i heard part of it. she listed a dozen more things – the kitchen sink may have been in there – and i bet some of those services haven’t been sold in years. read more →

four ways to practice entrepreneurial perseverance

how to change your thinking to prevail over the toughest of circumstances

perseverance is a skill that anyone can learn to not only survive, but thrive through life’s curves. when adversity strikes, it’s not what happens to you but how you respond to what happens to you that has the greatest impact on your life.

more for soloists and small firms: how to win new clients with a freebie strategy  • the success secrets women already know      why you’re missing out on 98% of your new business potential    the missing ingredient in your marketing that will make all the difference 3 steps to start running on millionaire time    on the road to a stress-free life: identify your character strengths     the power of deadlines in closing a deal      his and her brains at work in tax and accounting  5 mistakes to avoid when seeking new clients the top 12 business card blunders accountants make

here are four specific ways you can change your thinking to persevere in the toughest of circumstances, from sandi smith, cpa, “the accountant’s accelerator:” read more →

who’s better at marketing? lawyers or cpas?

is the question ludicrous? by bruce w. marcus author of professional services marketing 3.0 looking at the question from a different point of view, the international consultant patrick mckenna, said, “if you’re trying to determine which of the two professions … continued

lawyers or cpas: who markets better?

wrong question. ask instead: who puts the client first, and how? by bruce w. marcus professional services marketing 3.0 comparing the marketing ability of one practice to another is irrelevant of itself and leads to generalizations that serve no useful … continued

how to win new clients with a freebie strategy

build trust by giving prospects a small sample of value.
[for another view, see when not to offer a free initial consultation]

by sandi smith, cpa
accountant’s accelerator

today’s biggest marketing challenge for soloists and small firms is getting people’s attention, then getting their trust. one way to completely overcome the trust issue is to let prospects receive a small sample of value from you at no charge.

sandi smith
sandi smith

related: the success secrets women already know      why you’re missing out on 98% of your new business potential    the missing ingredient in your marketing that will make all the difference 3 steps to start running on millionaire time    on the road to a stress-free life: identify your character strengths     the power of deadlines in closing a deal      his and her brains at work in tax and accounting  5 mistakes to avoid when seeking new clients the top 12 business card blunders accountants make

because the trust factor is at an all-time historical low, as a practitioner you need to do one or more of several things before clients will do business with you in most cases:

  1. spend a lot of time developing individual relationships until people trust you,
  2. provide a complementary sample of value up front,
  3. spend a lot of time in the proposal stage wooing the prospect. read more →

de-bunking the myth about niche marketing for tax and accounting firms

plus, five more essential pieces to the profit puzzle.

by marc rosenberg, cpa
author of “what really makes cpa firms profitable?”

i want to de-bunk a myth about niche marketing. many cpas that i have talked to think that niche marketing means that most, or all of their business, needs to be in their niche.

marc rosenberg
marc rosenberg

related:  practice development is no longer an optional activity • 10 good ways the achieve partner accountabilitypick your partners right to begin with  •  the first nine questions your partner team needs to embrace for optimal profitability  • profitability and the value of strategic thinking  • the five essential building blocks for creating a strong accounting firmthe seven signs of great leadership in a cpa firmcompensation issues for the new managing partner  •

they think they will have to stop being generalists or will have to give up all their clients outside the niche. this is absolutely not the case. read more →

the success secrets women already know

who gets more out of their employees, men or women?

by sandi smith, cpa
accountant’s accelerator

if you guessed women, you’re right. women possess natural relationship skills that help them build loyalty, foster productivity, and spark motivation.

sandi smith

related:   why you’re missing out on 98% of your new business potential    the missing ingredient in your marketing that will make all the difference 3 steps to start running on millionaire time    on the road to a stress-free life: identify your character strengths     the power of deadlines in closing a deal      his and her brains at work in tax and accounting  5 mistakes to avoid when seeking new clients the top 12 business card blunders accountants make

according to a study by the guardian life small business research institute, women’s skills provide: read more →

managing risk in client relations

wishful thinking? by bruce w. marcus professional services marketing 3.0 卡塔尔世界杯常规比赛时间 research has uncovered the startling fact of the wide disparity between how accounting firm management perceives their own performance and how their clients see their performance. (join the … continued

your clients love you? what if you’re wrong?

a short discourse on random and statistical risk. by bruce w. marcus author of professional services marketing 3.0 risks are different in context and magnitude. a good mathematician can often statistically quantify the boundaries of risk, such as telling you … continued

why you’re missing out on 98% of your new business potential

three ways to master the art of follow-up.

by sandi smith, cpa
accountant’s accelerator

it seems there are hundreds of questions swirling around how to follow up with prospects. the raw truth is that very few people follow up at all. on average, only 2 percent of people buy on the first contact with a vendor.

so if you’re not following up, you’re walking away from 98 percent of your sales.

sandi smith

more for 卡塔尔世界杯常规比赛时间 pro members:  the missing ingredient in your marketing that will make all the difference 3 steps to start running on millionaire time    on the road to a stress-free life: identify your character strengths     the power of deadlines in closing a deal      his and her brains at work in tax and accounting  5 mistakes to avoid when seeking new clients the top 12 business card blunders accountants make

here are my tips to maximize sales and take the pain out of following up: read more →

the three degrees of risk

r-i-s-k: it’s amazing that so simple a four-letter word can be so complicated. by bruce w. marcus professional services marketing 3.0 there are risks with dire consequences and risks with negligible consequences. there is risk in every human enterprise; in … continued