Why ‘Steady as She Goes’ Isn’t Enough

Young man steering a wooden ship

It’s not just your firm that suffers – it’s YOU.

By Rob Nixon

The traditional growth model is a slow and steady path to moderate success.

MORE ON GROWTH STRATEGY: Order Takers and History Writers | The Bizarre Habits of Accountants | 12 Traits of a Better You | 8 Ways to Become Super-Efficient | Sales Is Like Workflow Management | How to Dominate the Internet | Marketing Objectives Determine Marketing Amount | What Products Should You Create? | Keep a Watchful Eye on Clients
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Most years an accounting firm grows by revenue. It’s a simple equation. Put the charge rates up each year (unfortunately salaries go up as well), accept a few new clients by referral, retain the clients you already have and voila, the revenue increases.
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Order Takers and History Writers

Hand writing a letter with a plume“Clients want you to be proactive.”

By Rob Nixon

Unbeknownst to those who work in accounting practices, the favorite word (and often it seems the firm’s mantra and culture) is to “wait.”

MORE ON STRATEGY: The Bizarre Habits of Accountants | The Final Critical Traits: How Do Your Tires Look? | How to Calculate a Value Price | Boost Efficiency and Your Bottom Line | 4 Sales Systems and Some Secret Sauce | Marketing Must Generate Leads | Be an ‘Object of Interest’
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Here is some dialogue you may have heard before:

“Why can’t we get that job out?” “I have sent the client an email and I am now waiting for them to send the missing bank statement in.”
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The Bizarre Habits of Accountants

Percentage signs on round hanging tagsEight crazy assumptions destroying tax and accounting firms.

By Rob Nixon

I am convinced that the inventor of the current profit model of an accounting practice was NOT very good at strategy or business development.

MORE ON STRATEGY: The Final Critical Traits: How Do Your Tires Look? | 4 More Critical Traits: Be Your Best You | 12 Traits of a Better You | Why Old Pricing Models Are Unethical | 8 Ways to Improve Firm Profits | 17 Killer Questions for Prospects
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The Final Critical Traits: How Do Your Tires Look?

12-trait "spider wheel" diagramPlus 7 ways to practice discipline in an accounting firm.

By Rob Nixon

It’s time to focus on the final four of the 12 critical traits on you becoming a better you and the best business leader you can be, including having fun and leaving a legacy.

MORE ON STRATEGY: 4 More Critical Traits: Be Your Best You | 12 Traits of a Better You | 8 Ways to Become Super-Efficient | Sales Is Like Workflow Management | Sales Is about Trust | How to Dominate the Internet | Marketing Objectives Determine Marketing Amount | What Products Should You Create? | Keep a Watchful Eye on Clients | Rewards Go Far Beyond Money

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4 More Critical Traits: Be Your Best You

12-trait "spider wheel" diagramIncluding 10 steps to boosting your self-belief, or “mana.”

By Rob Nixon

I’m continuing with the 12 critical traits on you becoming a better you, including self-belief … and failure. Yes, failure!

MORE ON STRATEGY: 12 Traits of a Better You | How to Calculate a Value Price | Boost Efficiency and Your Bottom Line | 4 Sales Systems and Some Secret Sauce | Marketing Must Generate Leads | Be an ‘Object of Interest’ | Marketing Must Be About Sales | Turn Your Knowledge Into Products | Why Clients Really Stay | 8 Ways to Build Team Engagement | How to Create 4 New Billable Hours per Day
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These are the next four traits that when implemented fully will serve you well on your quest to become the best business leader you can be.
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