Service Business Talks with Fexingo: Consulting, Agencies, and Professional Services cover art

Service Business Talks with Fexingo: Consulting, Agencies, and Professional Services

Service Business Talks with Fexingo: Consulting, Agencies, and Professional Services

By: Fexingo
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Lucas and Luna sit in a consultancy lobby, portfolios open, and do what most business shows avoid: they talk about the actual mechanics of running a professional services firm. From hourly billing vs. value pricing to the economics of partner tracks, from agency retainer structures to the hidden costs of 'scope creep' in consulting engagements. Each episode picks one real firm — a boutique strategy shop, a mid-sized PR agency, a solo CPA practice — and uses its public financials, client roster, or growth trajectory to illustrate a specific operational or strategic lesson. Lucas leads with journalistic rigor, citing profit margins, utilization rates, and churn data. Luna pushes back with the practitioner's view: what works on the ground when the client is in the room. The listener is assumed to be running or working inside a services business — or seriously considering starting one. No founder hagiography, no '5 tips to scale.' Just two sharp minds dissecting the numbers and decisions that separate a thriving practice from a dying one. How does a $10M agency actually build a sales pipeline? When does a consultancy's brand become a liability? And what does the balance sheet of a 50-year-old accounting firm reveal about succession? #Consulting #Agencies #ProfessionalServices #ServiceBusiness #PricingStrategy #UtilizationRate #ScopeCreep #PartnerTrack #RetainerModel #BillingModels #PracticeManagement #ClientChurn #BusinessOfServices #FexingoBusiness #BusinessPodcast #Business #Careers #ManagementConsulting Keep every episode free: buymeacoffee.com/fexingo© 2026 Fexingo. All rights reserved. Economics
Episodes
  • Why Consulting Firms Are Buying Their Own Art Galleries

    Why Consulting Firms Are Buying Their Own Art Galleries
    Jun 17 2026
    Episode 58 of Service Business Talks examines a surprising trend: top consulting firms are acquiring art galleries. With McKinsey, Deloitte, and BCG all making moves in the fine art space, we explore why. Lucas breaks down the numbers: the global art market hit $67 billion in 2025, and consulting firms are carving out a niche in art advisory—advising HNW clients, curating corporate collections, and building cultural capital. We discuss the case of McKinsey's 2024 acquisition of a prominent London gallery, how it integrates with their private wealth practice, and what it means for the future of professional services. Luna asks the tough questions: is this a genuine value-add or just a vanity play? Tune in for a sharp, grounded conversation about strategy, status, and the business of art. #Consulting #ArtGalleries #McKinsey #Deloitte #BCG #ArtMarket #WealthManagement #HNWClients #CorporateStrategy #ArtAdvisory #Culture #PrivateWealth #BusinessStrategy #ProfessionalServices #ArtBusiness #FexingoBusiness #ServiceBusinessTalks #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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    11 mins
  • Why Consulting Firms Are Building Their Own AI Agents

    Why Consulting Firms Are Building Their Own AI Agents
    Jun 17 2026
    Episode 57 of Service Business Talks with Fexingo digs into the latest trend in professional services: consulting firms developing proprietary AI agents for internal and client use. Lucas and Luna explore how firms like McKinsey, BCG, and Bain are creating custom AI tools—from research assistants to strategy simulators. They discuss the specific case of McKinsey's Lilli platform, which now handles over 1 million queries a month, and examine what this means for the traditional consulting model. Should firms sell software or bill by the hour? The hosts break down the economics, the talent implications, and whether AI agents will replace junior consultants or simply make them faster. If these conversations have moved your work forward, consider supporting the show at buy me a coffee dot com slash fexingo. #Consulting #AI #ArtificialIntelligence #McKinsey #BCG #Bain #Lilli #ProfessionalServices #BusinessStrategy #TechTrends #Automation #FutureOfWork #ServiceBusinessTalks #FexingoBusiness #BusinessPodcast #Podcast #DigitalTransformation #AIAdoption Keep every episode free: buymeacoffee.com/fexingo
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    10 mins
  • Why Consulting Firms Are Buying Their Own Data Centers

    Why Consulting Firms Are Buying Their Own Data Centers
    Jun 16 2026
    Lucas and Luna explore the surprising trend of major consulting firms investing in their own data centers. With McKinsey reportedly committing over $500 million to build dedicated AI computing infrastructure, the episode examines why consultancies are moving from renting cloud capacity to owning physical servers. The hosts discuss how this shift promises greater data security, cost control, and the ability to train proprietary models on client data without exposure. They also consider the risks, including the huge capital outlay and the challenge of keeping up with rapid hardware cycles. A concrete example: Deloitte's new Tennessee facility designed to handle sensitive government contracts. This episode offers a fresh perspective on how professional services firms are reshaping their tech stacks to compete in the AI era. #Consulting #DataCenters #AI #McKinsey #Deloitte #CloudComputing #Infrastructure #ProfessionalServices #BusinessStrategy #TechInvestment #DataSecurity #PrivateCloud #FexingoBusiness #BusinessPodcast #ServiceBusinessTalks #LucasAndLuna #June2026 #AITraining Keep every episode free: buymeacoffee.com/fexingo
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    7 mins
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