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The Subscription Economy for Professional Firms

The Subscription Economy for Professional Firms

FromCFO Bookshelf


The Subscription Economy for Professional Firms

FromCFO Bookshelf

ratings:
Length:
68 minutes
Released:
Jan 27, 2023
Format:
Podcast episode

Description

The subscription economy is alive and well for products-based businesses and the software industry. But how about professional services firms? Does the subscription model apply to accountants, lawyers, consultants, marketers, and other professionals?Ron Baker founded VeraSage Institute, the leading think tank dedicated to teaching value pricing to professionals worldwide. He's the co-host of The Soul of Enterprise podcast, and he's the author of numerous books, including his newest title, Times Up!In this conversation, we talk about the necessary mindset needed for professional firms to shift to a subscription model. Outputs vs. transformations. Easing in or starting a brand new model? Technicians vs. professionals and the role of intellectual capital. And finally, we address one of the biggest questions every professional will ask, "How will we price this?"
Released:
Jan 27, 2023
Format:
Podcast episode

Titles in the series (100)

CFO Bookshelf is based on the popular monthly newsletter by CFOBookshelf.com. Each week, a business author or thought leader is interviewed where practical insights can be applied by financial leaders. The show was founded by a pioneer in the part-time CFO business.