Free Time with Jenny Blake

061: Scaling Boutique Businesses with Greg Alexander


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What's the difference between a lifestyle boutique and one that is built to scale and sell? Between a commoditized "body shop" and a unique boutique?

There are approximately 1.47 million firms in professional services (industry code NAICS 54). Four thousand have reached scale, with more than 250 employees. This is one-quarter of one percent—these are the market leaders. The other 99.75% have between 1 and 249 employees; these are what Greg Alexander calls boutiques.

Greg sold his professional services firm, SBI, after eleven years for $160 million, and is now focused on helping others grow, scale, and sell their own boutique professional services firms.

He is now the founder of Capital 54, author of The Boutique: How to Start, Scale, and Sell a Professional Services Firm, and a frequent contributor to The Boutique podcast based on his book and business. Greg’s purpose is to live a fulfilling life by taking risks and competing for extraordinary accomplishments, like helping members of Collective 54 achieve and maintain financial success. 


🎙 Related Episodes: 016: IP Licensing with Lee LeFever

🔗 Organizations Mentioned: EO, YPO, Strategic Coach, Genius Network

📘 Books Mentioned:

  • Free Time: Lose The Busywork, Love Your Business
  • The Boutique: How to Start, Scale, and Sell a Professional Services Firm
  • Built to Sell: Creating a Business That Can Thrive Without You
  • Finish Big: How Great Entrepreneurs Exit Their Businesses On Top

  • 🎁 Give yourself (and a friend) the gift of Free Time as we head into 2022: Preorder and submit proof of purchase to get early access to the audiobook as part of the Buy One, Get One, Give One bonus!

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