Summary
Have you ever wondered what it really takes to sell a consulting firm or an agency?
In this special evergreen episode from 2023, we’re diving into the secrets behind preparing your consultancy business for growth and eventual exit. And, I pose the question, if you could sell your business someday, what would it take to get it ready?
My guest, Professor Joe O’Mahoney, has over 20 years of experience advising boutique consulting firms on achieving high growth and successful exits. And Joe brings a rare mix of real world consulting experience combined with extensive research on what works. He’s published multiple books on the consulting industry.
And he’s written dozens of articles that dispel common myths in relation to that industry. Professor O’Mahoney provides evidence based strategic insights on the specifics of readying a consulting firm for sale.
And as I talk to him, you’ll discover why most boutique firms fail to create lasting value beyond their founder, the biggest mistakes made when preparing to exit a firm and a step by step approach to boosting your valuation multiple for your business.
So, if you lead a consulting firm and have ever considered selling, you might want to have a listen.
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Trudy Rankin is the host of the Online Business Launchpad Podcast, Director of West Island Digital and the founder of the Online Business Lift-Off program.
Affiliate Disclaimer: If you click on links on this page and then make a purchase, I may earn a commission (at no cost to you). I am a proud affiliate of these resources because I use them in my own life and business.
The transcript for this episode can be found here.
Resources
- Website: https://joeomahoney.com/
- LinkedIn: https://www.linkedin.com/in/joeomahoney/
- Book: https://geni.us/growth-for-consultants (affiliate link)
Today’s Guests
Professor Joe O’Mahoney
Joe is a leading authority in the consulting industry and a consultant to boutiques and small consulting firms. His research on the profession has won several prestigious awards and publications and resulted in the leadership of high-profile government-funded research into the profession. Joe’s textbook on Management Consulting (published by Oxford University Press) was the best-selling in Europe, and his academic research has been published in the top international journals. His most recent, evidence-based book on growing consulting firms in the digital age (published by Routledge) is the ‘go to’ growth text for CEOs and Managing Partners worldwide.
Your Host
Trudy Rankin
Guest Contacts
Professor Joe O’Mahoney
Guest Resources
- Website: https://joeomahoney.com/
- LinkedIn: https://www.linkedin.com/in/joeomahoney/
- Book: https://geni.us/growth-for-consultants (affiliate link)


