Build a high performing engineering team that generates incredible profits & frees you up to focus on strategy, direction & the high-growth activities that will move the needle the most & make the biggest difference
Thereâs a ceiling I see a lot of consultancies hit.Â
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Around the $2â3M mark.Â
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Youâve got a decent team. Youâve built a solid reputation. Youâre winning good work.Â
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But things feel heavy.Â
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Margins are inconsistent.Â
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Youâre still across too many decisions.Â
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And growth beyond this point feels harder than it should.Â
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Hereâs why:Â
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The structure that got you here⌠isnât the one thatâll get you there.Â
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To break through that $3M ceiling and grow to $5M⌠$10M⌠and beyondâŚÂ
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You need to rebuild your operating model.Â
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â Define Your Leadership Roles âÂ
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Who owns what? Whoâs accountable for performance? Remove the bottlenecks.Â
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â Streamline Project Delivery âÂ
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Systemise how work gets done â so youâre not the only one who can do it right.Â
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â Build a Business That Can Run Without You âÂ
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That doesnât mean stepping away.Â
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It means elevating your role â so your business can grow without relying on your personal capacity.Â
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Itâs not just...
Most consultancy owners think that the harder they work, the more money they'll make.Â
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But here's the truth.Â
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Just because you're working more, doesn't mean you're working on the right things. Â
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The key to a sustainable and profitable consultancy, isnât just about putting in more hours, itâs about working smarter. Â
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Hereâs how:Â
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â Focus on High-Value Clients âÂ
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Working with the right clients who appreciate your expertise, allow you to charge premium rates and boost your margins without extra effort.Â
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â Systematise Your Processes âÂ
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Automating and streamlining your systems frees up your time and ensures your team isnât stuck in repetitive tasks.Â
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â Delegate Effectively âÂ
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The more you delegate and empower your team, the less youâll be involved in the day-to-day. Â
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Giving you time to focus on high-level strategies that boost your bottom line. Â
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Profitability doesnât come from working harder.Â
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It comes from working smarter.Â
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...Ever wonder what it actually takes to grow your consultancy from âjust getting byâ to breaking through $5 million?Â
This week, I sat down with Mandy, Alex, and David from Austral Archaeology whoâve done exactly that.Â
What made the biggest difference?Â
It came down to three powerful shifts:Â
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Ever found yourself fixing a team memberâs work at 10pm at night because youâve told yourself:Â
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âItâs just easier if I do it myselfâ?Â
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Youâre not alone.Â
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Almost every consultancy owner I work with has been there.Â
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And usually, it comes down to two things:Â
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Trust. And control.Â
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It makes sense - your names on the line. You want it to be perfect.Â
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But hereâs the problem:Â
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Every time you jump in to fix it, youâre training your team to rely on you.Â
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Less ownership. More dependency. And suddenly, youâve become the bottleneck.Â
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So how do you fix that?Â
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Here are 3 simple shifts:Â
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1) From Control â ClarityÂ
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Stop assuming they know what âgoodâ looks like.Â
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Be clear. Document expectations. Set them up to win.Â
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2) From Reacting â CoachingÂ
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Donât just fix it. Sit down, unpack the mistake, and guide them through the solution.Â
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Make it a teachable moment - not a rescue mission.Â
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3) From Doer â DesignerÂ
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Your job isnât t...
If you're constantly caught up in the day-to-day operations of your consultancy.Â
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You're probably feeling overwhelmed, exhausted and trapped in a cycle that never ends.Â
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Not good if your plan is to build a business that gives you more money and time back to spend with those most important to you.Â
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Here are the 3 big traps that are keeping you stuck, and how to move past them:Â
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â Perfectionism â Â
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You believe that if you donât oversee every detail, things will fall apart.Â
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You fear that if itâs not done exactly your way, the quality will suffer.Â
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As a result, you end up working late nights and weekends.Â
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Making sure everything is perfect, even when it doesnât need to be.Â
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The reality? This perfectionism is draining you and keeping you from focusing on the bigger picture.Â
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â Delegation â Â
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You worry that your team canât handle the tasks without you constantly hovering over them.Â
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You think, âIf I donât do it, it wonât get done rightâ....
Far too often consultancy businesses chase revenue growth at the expense of profit.Â
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I get it - revenue growth is exciting. Â
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You're watching the numbers climb - both $'s and team. Â
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But here's why focusing on profit is essential for your consultancy:Â
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1) Revenue Growth Can Be DeceptiveÂ
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Many business owners chase revenue for the thrill, accolades and sense of achievement it brings.Â
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But revenue without profit is unsustainable and can lead to burnout and financial stress.Â
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2) Profit Equals Business HealthÂ
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High profit margins represent efficient systems, effective team operations and well-structured processes.Â
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Profitability ensures your business isnât just growing but thriving sustainably.Â
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3) Long-term Success and ValuationÂ
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Profit is a core indicator of your business's value.Â
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Higher profit margins attract potential buyers, facilitate succession planning and enable strategic growth through reinvestment.Â
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I want you to ask yourself:...
Business is a game of many hats.Â
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Sales, marketing, winning work, delivery, leadership, people management, finance, strategy etc.Â
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It can be all consuming at times. Â
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And sometimes along the way of doing âall the thingsâ.Â
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You forget about you. Â
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What you like, what you enjoy, what youâre really good at. Â
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Today weâre exploring commandment #8 for consultancy business owners.Â
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Thou shalt build a business around your strengths.Â
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At a basic and simplistic level - when you do what you enjoy and what youâre good at.Â
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Your energy, your output, the quality of your work and your enthusiasm - increases. Â
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And being honest with you - people WANT to be around someone like this. Â
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Both clients and team. Â
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And when youâre not doing those things.Â
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You get flat, tired, run down, demotivated and your energy decreases.Â
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Not good. Â
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Now your business needs you to lead, to inspire and to motivate.Â
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Your business needs your energy and your mo...
Most want more time back in their days to focus on and do the important work that will lead to growth.Â
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Time and not having enough of it is one of the biggest reasons I get told by business owners that they canât focus on growth or bigger picture strategies right now. Â
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Or why they just need to wait 6 to 12 months for this busy period to be over & things are quieter, then theyâll have more time to focus. Â
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But honestly, itâs not about waiting until you have more time - because that will never come. Â
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If youâre doing your job right as a business owner - you will always be busy and there will always be things to sort out, fix or make better. Â
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(Until you hit Stage 3 of our business stages roadmap - Lifestyle Business Owner - more on that in another post).Â
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So itâs not about waiting for more time - itâs about creating more time. Â
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Waiting for another 6 to 12 months before you focus on bigger picture strategy - just means youâre 6 to 12 months behind where you c...
Building a high performing business can be tough at the best of times.Â
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But it can be even harder if you donât have the right people around you.Â
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Letâs dive in and explore Commandment #5 for Consultancy Business Owners.Â
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Once you get to a certain size in business, your growth to that next level is all about you growing âthroughâ your team - not you doing everything yourself.Â
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It becomes all about the âwhoâ not the âhowâ.Â
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And your journey to building the business that you want - is about surrounding yourself with Eagles (high performers) not ducks (low performers).Â
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Eagles are autonomous and hard working. Â
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They take pride in everything that they do. Â
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Theyâre always looking to improve, to learn new things and to grow - because theyâre focused just as much as building their own personal brand and reputation as they are about helping your business grow. Â
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They can be trusted and donât need to be micromanaged - meaning that you donât need to be present...
âYour fees are too expensiveâ.Â
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âIf you just shave off $XX from your proposal, then youâll be competitive and I can give you the workâ.Â
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Ever hear or get told that âď¸?Â
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Today we're talking about the 4th Commandment for Consultancy Business Owners.Â
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Getting asked to cut your fees to âbe competitiveâ and to âbring the project back into budgetâ is like a rite of passage in our industry.Â
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Certain clients seem to do this all the time - regardless of your relationship with them.Â
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And I think that sometimes they even try it on just to see if they can get things done a bit cheaper.Â
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Charging what youâre worth starts with you. Â
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Clients are never going to ask to pay you more.Â
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Itâs up to you to set the bar and set the standard for what you get paid and how much you charge. Â
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Now obviously what you charge has to be within reason - otherwise youâll never win any work.Â
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But when you look at industry average rates and pricing - there is actually a pretty ...
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