2Bobs—with David C. Baker and Blair Enns cover image

2Bobs—with David C. Baker and Blair Enns

Latest episodes

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12 snips
Mar 26, 2025 • 24min

When Your Clients Talk to Each Other

The podcast delves into the fascinating dynamics of client interactions, particularly how vertical positioning can foster communication. It discusses the challenges and perks of clients talking among themselves and the importance of tailoring pricing strategies based on perceived value. The conversation navigates the art of effective communication, especially in industries reliant on mutual referrals. Additionally, it tackles the effects of client comparisons on service expectations and proposes innovative strategies to enhance relationships and upend traditional communication flows.
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4 snips
Mar 12, 2025 • 29min

Facing an Existential Crisis?

The discussion dives into the harsh realities facing businesses in today's economy, emphasizing the stark contrast between those thriving and those on the brink of collapse. Practical strategies are shared for mitigating risks, including managing financial obligations and client relationships. Insights on navigating existential crises highlight the importance of resilience and self-honesty in addressing challenges. Listeners are encouraged to confront their situations with a proactive mindset and make timely, strategic decisions to steer their firms toward stability.
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17 snips
Feb 26, 2025 • 41min

Who Should Set Prices?

Dive into the complexities of pricing in professional services, where the discussion centers on who should really set those prices. Explore the balance between centralized and decentralized pricing authority, weighing the pros and cons of each approach. Learn about innovative recruitment strategies that assess candidates' pricing acumen. Discover the importance of communication and understanding value when assigning pricing responsibilities, and how training should prioritize aptitude over seniority. Pricing isn't just a number; it's a strategy!
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8 snips
Feb 12, 2025 • 33min

10 Reasons a Buyer Might Want Your Firm

The hosts debate whether to build a firm with the intent to sell or to operate as if it will never be sold. They discuss the significance of client concentration risks and the strategic value of diversifying client portfolios. Intellectual property is highlighted as a key asset in firm sales, with advice on its development and protection. Insights on pricing strategies in acquisition deals reveal how profit margins can boost market value. Finally, they explore motivations behind mergers, including geographic expansion and the trends of mentorship and succession planning.
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49 snips
Jan 29, 2025 • 36min

To Standardize or Customize

The discussion dives into the tug-of-war between standardization and customization in creative services. Blair shares insights from his writing journey, revealing the complexities of productizing while meeting unique client needs. RFPs are scrutinized, uncovering how they can undermine creativity. The hosts explore emotional hurdles in pricing tailored solutions and examine innovative pricing strategies. A framework for integrating standard processes while allowing for customization is proposed, illustrating the delicate balance necessary for success.
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Jan 15, 2025 • 25min

Don't Bother Eating Your Veggies

Discover how overly complex marketing plans can hinder lead generation success. Explore the significant impact of aligning marketing strategies with personal motivations and capabilities. Delve into the balance between immediate outreach and long-term professional engagement strategies. Uncover the various driving motivations of entrepreneurs and how collaboration can enhance productivity. Finally, learn about the crucial role of lead generation in business growth, comparing it to a flywheel that needs consistent effort to propel forward.
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Jan 1, 2025 • 26min

Adapting Hiring Strategies Over Time

Explore the evolution of hiring practices as creative firms grow. Discover how budget constraints affect early hiring and the shift from generalists to specialists. Learn the importance of strategic recruitment to enhance company capabilities and the risks of hiring high-profile talent that might disrupt company culture. Plus, uncover the essential phases of career growth, emphasizing self-discovery, management skills, and an ownership mindset for professional success.
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12 snips
Dec 18, 2024 • 26min

The Barbell of Pricing Risk

Dive into the intriguing concept of the barbell of pricing risk, blending finance with fitness for creative agencies. Discover how to balance low and high-risk pricing strategies while challenging traditional notions. Explore the complexities of venture capital and risk management, and how calculated risks can lead to growth. The discussion also touches on the broader applications of this strategy across various domains, emphasizing thoughtful risk-taking and personal risk tolerance in business decisions.
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10 snips
Dec 4, 2024 • 41min

Selling Your Professional Services Firm

Blair interviews David about his new book on selling professional services firms. They dive into the complexities and trends in the market, including various exit strategies and the growing interest from private equity. The discussion covers valuing these firms, emphasizing buyer intentions and negotiation strategies. Listeners gain insights on navigating business negotiations and the challenges of due diligence, all while recognizing the importance of making informed decisions amidst potential distractions.
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6 snips
Nov 20, 2024 • 24min

Questions, Not Answers

Discover the power of asking the right questions in the creative industry. The discussion reveals how insecurities lead professionals to prioritize answers over inquiry. Learn about the shift towards an inquiry-based approach for fostering client insights. Explore how questions serve as crucial tools for effective communication in sales and consulting. Delve into the art of meaningful conversations, highlighting curiosity and active listening as keys to deeper understanding.

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highlights

Listen to the best highlights from the podcasts you love and dive into the full episode