Ep 433: Building Your Consulting Practice by Positioning Your Expertise | David Baker Episode Recap
AJV (00:02):
All right, y’all. We are gonna talk about how to build your consulting practice by positioning your expertise. And I say consulting but you could be a trainer, a coach, a speaker, an author but this is consultative approach to what you do. How can we build that by positioning your expertise? And this was motivated. This was inspired by a conversation that I had with David Baker, who was a recent guest on the influential Personal Brand podcast. And I thought this was relevant enough to a break it away and have a separate conversation around this idea of expertise and really overcoming the challenge of being a generalist, which really just means overcoming the temptation to say yes to everything I suffer from that. I know you suffer from it.
AJV (01:04):
So we say yes to all of them most of them not in our wheelhouse, not where we feel like we’re a, you know, a deep expert, but we feel confident enough or well versed enough that we can go learn it, figure it out, or do good enough. And then what accidentally happens, and I see this happen all the time, all around me, is that all of a sudden, without effort and without intention, you have become known for something that you don’t want to be known for. You have strayed away from your natural giftings, your uniqueness, and the things that you do better than anyone else because you have said yes to the wrong things for long enough that now people come to you for things that you aren’t as good at. It’s not your passion, it’s not your expertise. And you wonder why you feel like you’re working all the time.
AJV (01:58):
You’re burnt out and you’re tired. You’re tired.
AJV (02:49):
I have to study, I have to ask questions, ask. But when I stay in my lane, my expertise where I have knowledge like nobody’s business, right? It’s like, I could do this in my sleep. I could talk about it in my sleep. I live it, I eat it. I breathe it. Yes, I can help you with that. I feel a hundred percent confident in it. It doesn’t feel like work. Why? Because it comes natural to me, because I have spent most of my life doing it, learning about it, talking about it. And that’s what I do now. So the question is then why do we say yes to all this other random stuff? And I believe it’s for one of two reasons. One, we have a scarcity mindset, or we’ve got fomo,
AJV (03:39):
Because I, I don’t know if my next deal or my next client, I don’t know, right? I’m scared of the economy. I’m scared of the money in my banking account. I’m scared that I can’t generate a lead. I’m, I’m scared, right? It’s scarcity in this fear induced pattern, or it’s this kind of FOMO thing of you’re, you’re in the middle of a land grab, right? You’re like, I gotta take it all. I gotta grab market share why? It’s up. It’s like I’m new, so I gotta take everyone. It’s like I gotta get my reputation built up. And that happens by saying yes to everything. And it’s like, that’s also not right. I’m, and there’s some middle ground in there. And yes, I know that there are some times where we gotta take on business because we gotta, we have mouth to feed and bills to pay.
AJV (04:21):
And it’s like, you just gotta take it. But there’s a, that’s a finite amount of time, and it should be in only desperate situations. Because what we should be doing is narrowing our focus, honing in on that expertise. And so people know when to come to you because they know what you do. And it is crystal clear because you have made it crystal clear because your positioning is right. Your branding is right. Your talking points are right. Your, your conversation is right. Who you work with is, right? It is clear. But what muddies up the water is when you start adding in stuff that now your expertise is just broadened to the point of, well, I can do a little of sales, I can do a little leadership. Sure, I could probably talk about billing and some customer service. And all of a sudden that honed in focus on sales is so broad that you’re like, well, sales is everything.
AJV (05:20):
And so people go, well, I don’t know what to hire you for. And now you’ve muddied the water so much that people aren’t clear. So don’t do that. How do we do that? How do we not do that? Right? Here’s a few things that I thought was really wise from this conversation with David Baker. And I thought, this is fascinating and interesting. ’cause I hear people at Brand Builders group say all the time, well, man, I just, I think I’ve run out of things to say. It’s like everything that I have to say about it, it’s in my book, or it’s in this. And it’s like, well, maybe that’s not true. And I love David said, the, with a narrow focus, you always have more to say with a narrow focus. You always have more to say. The more narrow your focus, the more you have to say.
AJV (06:12):
And as I was listening to him, I just had this immediate thought about my husband and business partner, Rory Vaden. Now Rory is seemingly an extrovert, seemingly but really he is a secret introvert. And I have given him a hard time, most of our marriage and even dating relationship of he’s not a great general conversationalist. And I am like, baby, like you need to learn how to make small chat. And he’s like, I don’t know how to do small chat. I don’t wanna do small chat. I’m not good in a networking social. But here’s one of the things that I think is so fascinating. Every so often we’ll meet a new couple or meet a new set of friends or, you know, whatever. And when a topic of his expertise comes up, he is the ultimate chatterbox
AJV (07:10):
And where, where did all these works come from? He’s like, we could go weeks when he’s like, I, I got nothing to say in these meetings or these environments until something comes up where he has something to say. And while David was talking, I immediately thought of Rory of going, that’s it. He has so much to say about a few things because on those things, he feels like I have something of value to give here. I have deep experience, I have deep expertise, I have a deep passion about it. And it’s like when those topics arise, you know, because the words are flowing, right? He is chatterbox central and when he doesn’t have anything to say on topics he doesn’t feel confident in or he is not interested in, he’s like, I got nothing to say on this. I’ve got nothing to add. I’m gonna let those around me who have interest in that share.
AJV (08:05):
And I thought that was a really good example to me of going, man, you don’t run out of things to say when it’s a topic that you feel like you have true expertise in, because you’ve done the research, you have these conversations. You think about it, you research, you read about it, you talk about it. So there is always something to say. And so there is always more to say when that topic is narrow, because that’s where your focus is. So you look at the, look at things through the lens of that narrow focus, and then new things start to rise all the time through that. And that was just a great highlighted moment of like, even in my personal life of going, and there is so much power in the value that you provide when you narrow in your expertise, when you narrow in your focus of going, man, it’s like, I know when I wanna talk about anything X, Y, and Z, who to go to, right?
AJV (09:01):
Because I know that they are a deep expert in it. They are read up. They are ready to share and provide value that happens when you choose something that has a more narrowed focus and it gives you more opportunity to provide value. So back to that, it’s like talking about a narrow focus gives you more to say, not less to say. And I love that. And David actually said in our conversation, he said, an author is just someone who uses a book to force you, the author, to think about what you have to say. He said, that’s the power of writing a book on a narrow focus is that you spend all this time trying to say a lot about a little versus saying a little about a lot. It’s like, go deep in a subject matter, not wide go deep, right? But an author’s goal is to figure out how do I have enough to say about this narrow focus that I can fill 200, 250 pages of words that are about this singular thing?
AJV (10:04):
So you have to learn how to say a whole bunch about a little, right? A a generalist says a little about a lot. An expert says a lot about a little. And that same thing could go, you don’t have to be an author to do that. Speaker a blogger a content creator for social media. It doesn’t matter, but it’s honing in that focus. And the gist of this really comes down to you have to be willing to talk about what you have to say in order for you to figure out what you actually have to say. There is an art and a practice of the more you write about it, the more you talk about it, the more you learn about it, the more you read about it, the more you research it, you figure out, you distill, right? You filter through all of this stuff for you to figure out, this is what I actually have to say.
AJV (10:59):
And the more that you do that, you are positioning yourself of being a true expert. And the more that you do that you can charge more and have fewer clients, which means you can have more time to expand on other things that you have passion and interest in. So back to the topic at hand, it’s like how do you build your consulting practice By positioning your expertise is you become known for one thing. And that’s because your branding is, your branding is aligned, your conversation is aligned, your clients are aligned, your service offerings are aligned with a narrow focus. ’cause You don’t have to be a big firm to make a lot of money, and you don’t have to have millions of followers to make millions of dollars. Being a small firm, being a solopreneur is not a bad thing. It’s the right thing
AJV (11:53):
For the right person. So you don’t have to go big to be really, really good
AJV (12:00):
At what you do.