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Command Higher Fees & Get Better Clients With Alastair McDermott

Command Higher Fees & Get Better Clients With Alastair McDermott

Released Friday, 15th April 2022
Good episode? Give it some love!
Command Higher Fees & Get Better Clients With Alastair McDermott

Command Higher Fees & Get Better Clients With Alastair McDermott

Command Higher Fees & Get Better Clients With Alastair McDermott

Command Higher Fees & Get Better Clients With Alastair McDermott

Friday, 15th April 2022
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Is Your Content Too General And Bland?

I was trying to do things like plan a podcast and blog posts and I realized that I was having a lot of difficulty even though I loved writing and I loved podcasts.

I was having a lot of difficulty in actually creating the content and it seemed really bland.

I realized that there were some problems here and one of those problems was that I wasn’t niched down anywhere near enough.

I wasn’t specialized. I was trying to create this content and I had such a broad range of clients. One of my clients was a mining company and one was a dentist. Another client was a retirement planning organization. I even had a client that was a magician for children’s birthday parties.

I was spread way too thin.

I was trying to create this content but you can’t become an authority when you are so broadly spread out.

You Need To Niche Down Hard!

That was my first insight into the idea that I needed to niche down and specialize. Figuring that part out unlocked a lot of the rest of it for me.

Novice To Generalist Expert

Everybody starts out as a novice of some kind. You might be really really smart but you don’t have a lot of experience. When you start out, one of the most important things to do is to have this winding path where you get this broad experience so you get to figure out what you like doing and what you’re good at. I have this winding road going from novice to where you become this expert.

At this point most people are these generalist experts and they do have a weakly defined niche like might say, “I’m a marketer”.

It’s not really that niched down. You might for example  say “I’m a management consultant” but you don’t really have any kind of deep specialization.

Skilled But Invisible

When you get to be a generalist you have very low visibility but you’re very good at what you do. An awful lot of people are in this place. I call them invisible experts.

You don’t have external visibility so you don’t get a lot of inbound leads because people don’t really see you. So it’s only through those networking and word-of-mouth connections that you actually get business and most people actually choose to stay here.

Moving Beyond Referrals

I did a research project where I surveyed over a thousand consultants in the business management consulting field and most consultants. Most of them stay as a generalist and they get better at doing referrals.

There is another path which is to become a recognized authority in your field.

The advantage of doing that is that you start to get more inbound leads. You start to get people coming to you and seeing you because you’ve got this higher visibility.

You’re recognized as an authority. People know who you are, come to you pre-sold.

It’s much easier to work with them.

Sometimes when you get a referral, it’s a weak referral. You still have to pitch to the person.

guest url https://therecognizedauthority.com

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