In this episode of “Canopy Practice Success,”Michelle Weinstein, founder of The Abundant Accountant, shares her insights on how accounting, tax, and bookkeeping firm owners can break free from the grind of feeling undervalued and underpaid.
She discusses how shifting to a mindset of abundance and confidently charging what they’re worth can lead to a more successful and fulfilling practice. Michelle emphasizes the importance of detaching from the emotional side of selling to focus on building stronger client relationships.
Three Main Ideas:
1. Sales Confidence is Key: Michelle explains that mastering the sales process is crucial for accounting firm owners to confidently communicate their value.
2. The Importance of Niching Down: By narrowing their focus to a specific niche, firm owners can better understand their clients’ needs leading to a more profitable practice.
3. Pricing Strategies for Abundance: Michelle advocates for accountants to raise their prices significantly and shedding unprofitable clients. This shift in mindset allows firm owners to take control of their business.
Listen on your favorite podcast platform:
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