top 5 mistakes to avoid when building a college consulting practice
TRANSCRIPT
Top 5 Mistakes to Avoid When Building a College
Counseling Practice
Presented by Cyndy McDonald, GuidedPath
Presented by…Cyndy McDonald• Educator and Entrepreneur• Founder of technology company-
GuidedPath (formerly MyCCA)• Founder of consulting practice-
McDonald & Associates• Founder of 2 national
organizations (HECA and AMP)
We are all in business of Customer Service
How do you shape your practice?• Identify early mistakes to avoid when building your
practice• Fuel the growth of your practice• Save money• Save time
Building a Practice takes tools
Find solutions through GuidedPath as a tool & resource
5. I have to know it all in the beginning.
You can be the expert without having all the expertise.
Don’t wait to start until you “know” it all to start.
Solution: Find expertise in one source
• GuidedPath offers robust, reliable data
• Promote professional expertise
• Dynamic search gives you data all in one place
• Saves time
4. I wanna hold your hand….Finding the balance between providing professional expertise and becoming a babysitter is key to success as an entrepreneur.
Goals:• Empower students• Engender trust in parents• Set expectations• Use online tool to manage
Solution: CommunicationUse an online tool to:
• Provide answers to parents
• Give direction to students
• Save time• Save money
GuidedPath helps set boundaries and minimize time commitments
3. It only takes a few minutes.Dedicating too much time to a student can yield $5.00 / hour pay.
• Don’t undervalue your time• Watch your real time commitments• Especially hard when you are
learning along with students/parents
• Track time• Timebox time
Pricing Services: THAT is the Question!Comprehensive• Pros/Cons
Hourly• Pros/Cons
GuidedPath offers tools for tracking your time and for invoicing.
Solution: Manage billing online
2. I can’t afford an organizing system until after I have clients.• Create system before you
get clients• Use system to set yourself
apart in marketing• Explore options to support
your goals• Save time
Solution: Organization online
1. Marketing Plan?
workshopsADS
web
site
marketing
Solution: Emphasize process
Solution: Using resources• Avoid these top 5 Mistakes• Invest in your business now to save $ later• Look for more trainings offered through
GuidedPath• Request demonstration on website or
contacting us at [email protected]