Scars + Trophies
Our team has ‘been there, done that,’ and has both the scars and trophies to prove it. We’re all in as your advisors, co-investors, friends and partners. Here are some key things we’ve learned along the way.
Starting A Professional Services Firm: Nurturing Autonomy
Learn how to build a company culture that fosters ownership and autonomy without overcomplicating people with too many rules.
Starting a Professional Services Firm: Culture and Values
Value statements are nothing new, but true core values that are clearly articulated, reliably demonstrated, actively policed, openly promoted, and regularly celebrated can create a strong culture that breeds success.
Starting a Professional Services Firm: Small as an Advantage
A startup professional services firm can find itself in a Catch-22 when acquiring its first clients. How can we convince them to take a chance on us when we are so small and how can we ever grow if they won’t hire us?
Starting a Professional Services Firm: The Contractor Trap
When building a services firm, a contractor model has some advantages, but ultimately, it’s a bet against yourself. Here’s how a full-time, employee-based model builds enduring value.
Starting a Professional Services Firm: Service Quality
In professional services, good service is every bit as important as good work. Providing quality service and putting clients first is an essential core value of a successful professional services firm.
Starting a Professional Services Firm: Income Statement Targets
How do you balance utilization and realization? How do you know how much to budget for marketing or travel? Professional services founders must have an intimate understanding of the ideal financial model.
Starting a Professional Services Firm: Defining Geographies
Resist the temptation to define geographic markets too broadly. New professional services firms should leave the global markets to the big firms.
Starting a Professional Services Firm: The Hiring Profile
In professional services, people are likely our only asset. Creating a deliberate hiring profile is the best way to ensure that your people reflect the desired culture and values of the organization.