Key Takeaways: Importance of Community: Creating a community around your advisory practice is essential for fostering customer loyalty, enabling free marketing through word-of-mouth, and ensuring long-term sustainability and growth of your firm. Analogies for Understanding: Comparing your advisory brand to a party helps illustrate the value of transforming guests (clients) into friends (loyal customers) who eagerly return and bring others with them. Feedback and Engagement: A community allows for direct feedback from clients, helping you stay aligned with their needs and preferences, thus enhancing your service offerings. Variety of Community Forms: Communities can be built in various formats, including offline in-person groups, online platforms like Facebook groups, LinkedIn, Instagram, and dedicated podcast listener bases. Commitment and Leadership: Successfully managing a community requires commitment and strong leadership to maintain engagement and keep the community thriving. Vision and Mission Clarity: Having a clear vision and mission for your community is vital to attract members who share in your goals and contribute to the community's growth. Platform Choices: While Facebook groups are common, other platforms like skool.com, Discord, and Mighty Networks offer alternative environments for building and managing communities. Addressing Fears: It's natural to have fears when starting a community, but with the right strategy and mindset, these challenges can be overcome to build a valuable and self-sustaining community. -- Set Up Your Skool Group If you would like to use Skool in your practice click below to use our referral link and get started today... SET UP YOUR SKOOL COMMUNITY The setup is simple and self-explanatory and you can get a course or training uploaded within a matter of minutes (provided you have the content) however if you have any questions about the software or how to approach the setup pop over to the community and ask the team. We have researched, tried, and tested many platforms, and in our opinion, Skool far outweighs anything else that's out there for simplicity, efficiency, reliability, and user experience for community hosts/you and clients/your community.  -- Subscribe & Review If you enjoyed this episode please subscribe or follow and leave a rating and review wherever you listen to your podcasts to support the Business Advisor Podcast. Reviews help in reaching more audiences and enabling more professionals to benefit from the valuable insights shared in each episode. WIN A COACHING SESSION WORTH £2000 Simply share my latest podcast episode on your social media platforms. For each share, take a screenshot and send it to [email protected] to enter our monthly draw. The more episodes you share, the more chances of winning this exclusive coaching opportunity! (Remember, we need a separate screenshot for each share) When you are ready here are 3 ways you can get more help/support: Join our webinar on how to Launch and Scale Your Business Advisory Offering. Download our free guide “The 500:200 Model” and put an end to being overworked, low fees, and finally be paid what you’re worth, starting today… Reach out and book a call to find discover how you can join The Academy to create, sell and deliver your own business advisory offer. Speak to you in the next episode...