Peter Vander Wall argues that scaling your brand means picking a niche instead of staying general. Specializing in crypto, small business, or real estate lets you understand your clients' actual pain points and coach them better.
When you're scaling a firm, the number one important thing that's going to build you brand awareness is having a niche. So you don't want to be a generalist, cpa, or a tax advisor. You want to be niched into a particular industry, whether it's crypto, small business, it could be real estate. But understanding the pain points of those typical clients, I know where my investors invest in. I have properties there. I know people that have properties there. Understanding kind of the struggles and the pains that they go through allows me to be able to coach them and educate them a little bit better. And so.