What Does Spud Webb Have to Do With a Tax Preparation Business?
He took advantage of that 42 inch leap. He may have been only waist-high to many of his competitors on the court, but they couldn’t jump 42 inches. You can do the same. (Even if you can’t jump like Spud Webb.) Sure, the National Tax Firms have a few things on their side. Along with a bigger budget, they’ve got the experience of up to 50 years under their belt. But you can still pull a “Spud Webb” on them. With greater flexibility and the ability to innovate you can capitalize on these strengths to compete with the big guys. Of course, to operate on a level playing field, you’ll need to employ best practices, which are the great equalizer. But don’t forget that the advantages of your tax practice are powerful. Consider a massive battleship and the little speed boat. It can take a mile or more for the battleship to stop or turn around, but the little speed boat can turn on a dime. Often, the difference between success and failure lies in our ability to make quick course corrections.
