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When you hire a plumber, you don't ask what brand of power tools he uses. You just want the job done. Paul Sweeney says that's exactly what most accountants get wrong.
Paul runs Pretium Solutions and has spent 30 years advising small and medium businesses (he also hosts the Business Behind Your Business podcast). In this conversation we get into why firms sell software and reports instead of the outcomes clients actually want, the costly habit of deciding "no" for your client before you've even asked, and why the simplest process usually wins.
In this episode:
- Why clients don't care which software you use, and what they're actually buying
- The "report trap": selling tools instead of outcomes
- "Don't say no for your client": the assumption that quietly costs firms revenue
- How one firm grew revenue 76% in six months just by offering the service to everyone
- Cutting a 55-step process down to 7
- The three things every business owner actually worries about (and why it's not tax)
- Where AI speeds things up, and where the human has to stay
Connect with Paul: https://www.linkedin.com/in/paulsweeneypretium/
LinkedIn: https://pretiumsolutions.com.au/
PaulSweeneyAccountant.au
Chapters:
04:49 Who Paul is and what Pretium does
06:15 Why advisory, not just compliance
08:32 Selling tools vs outcomes (the plumber analogy)
14:46 Why firms stay stuck on compliance
17:56 What business owners actually worry about
19:46 Don't say no for your client + the 76% story
23:23 Imposter syndrome and just starting
27:41 Why firms overcomplicate (55 steps vs 7)
30:33 Where AI helps and where it doesn't
34:33 What to focus on over the next 90 days
The Ledger is the accounting series of The Operator's Playbook, hosted by Bianca, founder of WeFlow. Honest conversations with the people who run service businesses.
Most firms get stuck selling tools instead of outcomes, and doing admin instead of advising.
Clearing that out is what we build. Have a look at weflowpro.com or message Bianca on Instagram @weflowpro.
New episodes weekly. Subscribe so you don't miss them.
By Bianca BasilioWhen you hire a plumber, you don't ask what brand of power tools he uses. You just want the job done. Paul Sweeney says that's exactly what most accountants get wrong.
Paul runs Pretium Solutions and has spent 30 years advising small and medium businesses (he also hosts the Business Behind Your Business podcast). In this conversation we get into why firms sell software and reports instead of the outcomes clients actually want, the costly habit of deciding "no" for your client before you've even asked, and why the simplest process usually wins.
In this episode:
- Why clients don't care which software you use, and what they're actually buying
- The "report trap": selling tools instead of outcomes
- "Don't say no for your client": the assumption that quietly costs firms revenue
- How one firm grew revenue 76% in six months just by offering the service to everyone
- Cutting a 55-step process down to 7
- The three things every business owner actually worries about (and why it's not tax)
- Where AI speeds things up, and where the human has to stay
Connect with Paul: https://www.linkedin.com/in/paulsweeneypretium/
LinkedIn: https://pretiumsolutions.com.au/
PaulSweeneyAccountant.au
Chapters:
04:49 Who Paul is and what Pretium does
06:15 Why advisory, not just compliance
08:32 Selling tools vs outcomes (the plumber analogy)
14:46 Why firms stay stuck on compliance
17:56 What business owners actually worry about
19:46 Don't say no for your client + the 76% story
23:23 Imposter syndrome and just starting
27:41 Why firms overcomplicate (55 steps vs 7)
30:33 Where AI helps and where it doesn't
34:33 What to focus on over the next 90 days
The Ledger is the accounting series of The Operator's Playbook, hosted by Bianca, founder of WeFlow. Honest conversations with the people who run service businesses.
Most firms get stuck selling tools instead of outcomes, and doing admin instead of advising.
Clearing that out is what we build. Have a look at weflowpro.com or message Bianca on Instagram @weflowpro.
New episodes weekly. Subscribe so you don't miss them.