The Coaches 🎙 Live at QuickBooks Connect


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Dec 13 2019 22 mins  

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Show Notes

  • 00:57 – Meet the coaches - Michael Palmer, Michelle Weinstein and Heather Townsend!
  • 01:41 – The number-one concern for accountants and bookkeepers - the art of pricing
  • 02:44 – Heather provides a different perspective on the definition of value pricing
  • 03:52 – Michelle encounters many accountants who want to double revenue without working on their mindset first
  • 04:23 – Michael shares two key factors to getting value pricing right - self-worth and education
  • 06:23 – Heather says it's about overcoming the mental blocks first, and then focusing on the growth
  • 07:31 – A hard pill to swallow - learning to see your own, or your firm's own value
  • 08:58 – Setting your prices too low will ensure that you never get the time to provide true value
  • 09:30 – Michelle says it's often the oldest 'legacy' clients that take up the majority of your time, with little to no profit
  • 11:04 – If you don't choose to deliver value, your competitor will
  • 12:14 – In addition to seeing your own value, Heather says it's about freeing up the capacity and time
  • 13:43 – With so many tasks moving to automation, Blake sees capacity in terms of relationships, and the time it takes to maintain those
  • 15:29 – Heather runs down a short list of things to micromanage when you want to build your value capacity
  • 17:20 – When you're an 'accountingpreneur,' as Michelle names it, there's nobody there holding your hand. It's up to you to learn these skills and tactics and get things done
  • 18:45 – If you're perfectly fine with being comfortably numb, you'll never be able to challenge the status quo
  • 20:04 – Short-term sacrifices lead to long-term payoffs
  • 20:53 -- Find the one thing you can focus on right now, and just do it. Simple, right?

Connect with Michael, Michelle, and Heather

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Episode Art Photo Credit:
Will Farnell:

  • https://twitter.com/willfarnell
  • https://twitter.com/willfarnell/status/1191506218424176640/photo/1