Waitlist Strategic Byproducts
Strategic Byproduct:
An unanticipated side-effect of pursuing a goal
…
Strategic Byproducts of having a waitlist:
increases perceived demand for your firm and therefore increases perceived value among prospects
increases perceived value of existing clients who feel “lucky” they got in when they did
reduces owner’s tolerance for PiTB clients & their shenanigans
reduces ambient distraction or pre-occupation about “where the next client is going to come from”
increases time to focus on doing what’s valuable in the practice
increases clarity about direction and business needs when client roster is established
creates pricing leverage
increases overall confidence
Don’t underestimate the power of a waitlist.
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