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Heather Townsend - The Go-To Expert ePub eBook: How to Grow Your Reputation, Differentiate Yourself From the Competition and Win New Business

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The Go-To Expert provides no-nonsense advice on managing your transition into a well-known and trusted name within your industry.

Discover:

  • Simple steps to build your profile
  • How to market and sell yourself with ease and confidence
  • Techniques to make your clients come to you

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Contents About the authors Heather Townsend helps professionals become the - photo 1
Contents
About the authors

Heather Townsend helps professionals become the Go-To Expert. She is the author of one of the top selling FT Guides The FT Guide To Business Networking , the co-author of How to Make Partner and Still Have a Life and a high profile member of the professional services industry. Over the last decade, Heather has worked with over 300 partners, coached, trained and mentored over 2000 professionals at every level of the UKs most ambitious professional practices.

Heather is a member of the professional speakers association. She regularly speaks at large conferences within the professional services sector e.g. ICAEWs insolvency practitioners conference. In 2011 and 2012 Heather judged the British Accountancy Awards.

Heather is increasingly gaining a reputation as a fresh thinking, astute, practice management expert. She regularly writes for the trade press and is often quoted in the national press. She writes monthly for CCH, a large software provider and technical publisher for the accountancy industry.

Jon Baker specialises in helping small professional practices grow profitably and sustainably from 5 to 50 people. He has 25 years experience of managing, training and coaching in business helping ambitious professionals improve their leadership, marketing and sales skills. He is also an in demand speaker, social media and sales trainer (Jon is a member of the professional speakers association). Before Jon started his own practice as a coach, he spent 17 years working for BP. In the last 7 years he has coached hundreds of business owners, helping to grow their firms by more than 63 per cent. He has also had blue chip clients; including BP, Total, and Feel Good Drinks.

Authors acknowledgements

Thank you to everyone we interviewed for, or featured in, the book: Tim Luscombe, Gavin Hinks, Alan Stevens, David Kaye, David Stoch, Carl Reader, Martin Bragg, Adrian Jenkins, Guy Clapperton, Rob Brown, Sonja Jefferson, Sharon Tanton, Simon Chaplin, Lee Frederiksen, John Cassidy, Brian Inkster and Shireen Smith.

Wed both like to thank the team at Pearson and our amazing chief organiser, Lisa Bremner, for helping to make this book happen.

PUBLISHERS ACKNOWLEDGEMENTS

We are grateful to the following for permission to reproduce copyright material:

In some instances we have been unable to trace the owners of copyright material, and we would appreciate any information that would enable us to do so.

Foreword

Countless books have been written about how to do networking, lead generation, social media, selling and brand management. Probably even more have been written about content mastery and how to become really good at doing something. Call those perspectives marketing and content, respectively.

Curiously, I cant think of any books that specifically link those two perspectives for professional services how to develop and run a business built around the idea of expertise. Until this book.

It sounds so simple: get better than anyone else at something and then build your business around it. For example, weve all heard the quip, Build a better mousetrap and the world will beat a path to your door. But that optimistic formulation begs a few critical questions.

The first is why mousetraps instead of bicycles? If mousetraps, then what does better mean? Is a green mousetrap better or is colour irrelevant? How can I be better than anyone else at it? These kinds of questions go on, and on, and on.

The second question is just how is it that people will come to beat a path to your door? How will they know where your door is? How beaten does the path have to be in the first place? How will they even know you have a mousetrap, much less a better one?

And finally, if you have a better mousetrap and people find out about it what will you do with it? How can you ensure mousetrap quality control? How to become the worlds best-known mousetrap? Should you branch into cheese? And so forth.

It sounds so simple. And of course, it may be simple but that doesnt mean its easy.

In The Go-To Expert , Heather Townsend and Jon Baker have produced a comprehensive, practical book about how to build a client portfolio and/or firm based on expertise . (Interestingly, the book itself is a marvellous example of precisely what Heather and Jon are talking about: an offering linked to a defined market, with a comprehensive package of business building tools around it.)

It may sound obvious that a professional, or a professional services firm, should build itself around an area of expertise but its not obvious or even necessary. Many firms, intentionally or otherwise, build their strategies around markets alone, or products alone, or based on a competitive segmentation, or a cost position, or relationships, or distribution channels. Expertise is not the only choice and its easy to fall off track even if the choice is made.

It may also sound obvious that an expertise-based professional services firm, having chosen that as a strategy, will intuitively know just what to do but, again, the truth is counter-intuitive. For a host of reasons which Townsend and Baker itemise professionals are marketing-averse, fearful of specialisation and loathe to think at a meta-level about content. Again, its easy to fall off the track.

Whether youre a solo practitioner, interim, freelancer, salesperson or a professional services firm of any size, the ideas in this book are insightful, provocative and powerful. But its not just an ideas book. Townsend and Baker have included a rich vein of examples, exercises, practical advice and tips, and an accompanying online Workbook. If you have trouble implementing the ideas in this book, it wont be for lack of a concrete roadmap!

And if you do implement them, you can look forward to higher levels of brand awareness, profitability, effectiveness, reputation, sales and probably personal satisfaction as well. Being a Go-To Expert is simple and not easy but well worth the effort.

Charles H. Green, co-author of The Trusted Advisor ,
and author of Trust-Based Selling
West Orange, New Jersey

Introduction
Why become the Go-To Expert?

Differentiating yourself from your peers, internally and externally, is the challenge that every professional faces. With todays clients more inclined to look for a better service or deal, the pressure is on for every firm and professional to justify their fee levels and increase the value they bring to clients. One way of curing these commercial headaches is to grow a reputation as the Go-To Expert within your marketplace and firm.

Becoming the Go-To Expert conveys kudos and status. When you achieve the status of Go-To Expert, you have the luxury of clients coming to you and being able to pick and choose those you want to work with, whilst being able to charge premium rates for your services. Which professional doesnt want this?

With job security no longer a given, senior professionals are often moving between periods of employment, freelancing and interim work. Whether you acknowledge it or not, todays senior professionals need to be able to sell themselves not just to their current clients or current employers but also future clients and employers. This book will show you how to sell yourself in a way that feels comfortable and authentic. Regardless of your current employment status, it will show you how to build up your credibility, profile and reputation so that you are in control of your career, always in demand and never short of work again.

When you have built a reputation as the Go-To Expert it allows you to spend less time on business development after all, your reputation and profile in the marketplace and your firm are enough to generate enquiries on their own. From our research, the single biggest challenge professionals have with business development is making the time to do it properly. This book shows you how to spend less overall time on business development, but win more profitable clients who will work with you for longer.

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