Growth and Success Strategies for Hungry Accounting Firms - Accounting Influencers Podcast

Episode 4

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Published on:

13th May 2018

Growth and Success Strategies for Hungry Accounting Firms

Trent McLaren

Trent Mclaren is Australia’s thought leader of the year in the Accounting Industry. He is the head of accounting and strategic partnerships at Practice Ignition. His role see’s him partnering with accounting professionals all over the world as he strives to drive innovation and disruption with his partners. Igniting a culture to challenge the status quo and create true customer centricity. Trent comes with years of experience working with disruptive accountants in his former role at Intuit Australia, as senior business development manager.

He has completed his MBA with an elected focus on strategic marketing and has a diverse background in online payments and eCommerce. He was also recently named Thought Leader of the Year at the Australian Accounting Awards. His combined experience between accounting, payments and online ecommerce puts Trent right at the centre of small business disruption that we are witnessing all over the world. Listen to this brilliant interview for these great quotes and takeaways:

  • Why NOT being an accountant brings valuable perspective to the accounting profession
  • How accounting firms are changing from ‘compliance tax shops’ to advisory, wealth and even mortgage broking
  • The importance for accountants to contribute to your business community if you want to develop business
  • The number one factor that has had the biggest impact on the accounting profession in the last 10 years
  • How technology is transforming the way accountants interact with clients
  • Two great outcomes of technology for accountants – the speed at which you can get the work done and the quality of the data you produce for clients
  • Key definitions of business development, marketing and sales for accountants
  • If you’re not confident your accounting firm can deliver on the work, it will restrict your business development efforts
  • The pie is not necessarily getting bigger – most accounting firms only win clients from other accountants
  • The two best ways for accounting firms to set growth targets
  • How a lack of communication skills limits many accountants to more compliance than advisory work
  • The key attributes that make a good work winner or business developer in accounting firms
  • If you take care of your accounting clients deliver beyond what they expect, there will always be a market for you
  • A good answer to the common BD objective “I’m too busy to go out there, network and win more business”
  • Problem on the horizon – a lot of accounting graduates coming out of university aren’t equipped to use all technology
  • Progressive accounting firms are now employing inhouse developers and technology experts
  • These days, we need technically good accountants that are also pretty good geeks!
  • How accounting firms can best encourage or incentivize their people to win business
  • Progressive accounting firms are using Slack, Skype, Zoom etc to engage with clients AND to improve the communications internally with their teams
  • The best piece of sales advice accounting influencer Trent McLaren has ever been given!

https://www.practiceignition.com  |  @trent_mclaren  |  www.linkedin.com/in/trentmclaren

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About the Podcast

Accounting Influencers Podcast
Host Rob Brown shows accounting professionals and leaders how to be more influential, grow their personal brand and be more authoritative, relevant and high profile in their roles..
The Accounting Influencers Podcast, hosted by Rob Brown, is a must-listen for accounting professionals looking to strengthen their leadership presence, stay informed on disruptive forces in accounting and build credibility within their firms. Geared toward firm leaders, managers, partners and influencers, the show covers key topics like career development, influence, personal branding and interpreting the evolving trends impacting the accounting world. Rob brings his expertise to each episode, offering insights and guidance on how to grow your personal brand and stay strategically important in a rapidly changing profession. Whether you're aiming to influence within your firm or expand your reputation outside of it, this international podcast offers practical advice and forward-thinking insights that will keep you informed and prepared for the future.
Accounting leadership
Executive presence for accountants
Building influence in accounting
Accounting industry trends
Personal branding for accountants
Accounting firm strategy
Accounting business models
Leadership in accounting firms
Talent management in accounting
Authority in accounting profession
Career development for accountants
Accounting firm growth strategies
Influencers in accounting
Accounting firm management
Disruptive forces in accounting
Accounting leadership strategies
Accounting career success
Accounting firm decision-makers
Accounting business trends
Building credibility in accounting

About your host

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Rob Brown

Rob Brown hosts the multiple accounting podcast and chair conferences, panels and events globally for the accounting and fintech profession. He is co-founder of Accounting Influencers Roundtable (AIR) which helps vendors, experts and influencers serve the accounting and finance world. He is a dynamic speaker and accomplished expert on trust, reputation, employer brand, talent, career development, succession, gen z/generations, employee advocacy and executive presence. Rob is author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk ‘The Personal Brand of You’ has been viewed 400,000 times on YouTube. He is a stroke survivor, has epilepsy, is a committed Christian and has a black belt in kickboxing. He is based in Nottingham UK, home of Robin Hood, plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.