Episode 73- How to Leverage Your Expertise to Build a Consulting Practice: Lessons from Kim Seeling Smith

Jane Anderson Future of Work Expert , Author, Speaker Kim Seeling Smith

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If you've ever felt like your past career is irrelevant to the consulting business you actually want to build, you're not alone. It's one of the most common traps for experts starting out on their own: assuming that because you're moving in a new direction, you have to leave everything you already know behind.

Kim Seeling Smith didn't. She built one of the more unusual and resilient consulting careers around: from an accidental accountant, to a 15-year recruitment consultant, to a globally recognised Future of Work expert who has sat at the table with Sir Richard Branson. And she did it by refusing to throw away what she already knew.

Kim is the CEO of Ignite Global, author of Mind Reading for Managers, and a member of the global steering committee for Virgin Unite's 100% Human at Work initiative. She spoke with Jane Anderson on the full episode of The Jane Anderson Show about the real, unglamorous mechanics of building a consulting practice: how to repackage your expertise instead of discarding it, how to design a business model that actually fits your strengths, and how to deal with the imposter syndrome that shows up right when things start working.

This article breaks down what she shared, and how you can apply the same thinking to your own practice.

Who Is Kim Seeling Smith?

Kim Seeling Smith is a Future of Work expert who helps organisations build and retain a workforce fit for a post-pandemic world. As CEO of Ignite Global, she consults internationally on employee retention, engagement, and organisational culture.

Her career has taken her from the United States to New Zealand to Australia, and her work has been featured on Sunrise, The Today Show, Forbes, Fast Company, SmartCompany, CNBC, and the Australian Financial Review. She wrote Mind Reading for Managers, co-authored a career development guide with Brian Tracy, and was named a Top 101 Global Influencer on Employee Engagement.

She is also one of just 15 people on the global steering committee for Virgin Unite's 100% Human at Work initiative, a role that has put her in the same room as Sir Richard Branson, and by her own account, George and Amal Clooney.

None of that came from a straight line. It came from a career that, in her own words, took "several twists and turns," and from a decision, at a critical point, to leverage what she already knew rather than start from zero.

From Recovering Accountant to Recruiter: An Unlikely Career Path

Kim describes herself as a "recovering accountant." At 19, she took well-meaning career advice that pushed her away from the hotel industry (a job she loved) and into accounting, a field that turned out to be a poor fit for her natural strengths.

She spent five years at KPMG "failing miserably," by her own description, before recognising that the common denominator in her professional struggles wasn't the job. It was her.

That recognition led her, somewhat by accident, into recruitment, a career she found immediately fulfilling. She gave herself 90 days to test it out. Within 30, she knew she'd found her niche.

The GFC Gift: Reverse-Engineering 5,000 Exit Interviews

After 15 years and roughly 5,000 candidate interviews across the US, New Zealand, and Australia, Kim decided to shift from recruitment into consulting, helping organisations keep their best people rather than simply placing them.

The timing wasn't planned, but it was fortunate. She moved to Australia just as the Global Financial Crisis hit, and demand for recruitment all but disappeared. Rather than treat that as a setback, she used the unexpected downtime to reverse-engineer everything she'd learned from those 5,000 exit interviews.

The result was her first model: the Nine Currencies of Choice.

Why You Should Leverage Your Expertise, Not Discard It

This is the single most important lesson in Kim's story, and she's explicit about it: "Leverage your experience. Do not negate your experience."

It's tempting, when starting a consulting practice, to see your previous career as something separate, even something to hide. Kim pushed back on that instinct directly, describing it as human nature to want to "throw the baby out with the bathwater" when a past role feels frustrating or limiting.

Instead of abandoning her recruitment background when she moved into consulting, she repackaged its engagement methodology that clients could buy into as something new.

The same knowledge that had made her a strong recruiter, a deep, practical understanding of why people join organisations and why they leave, became the foundation of a retention and solely related to a mistake many consultants make around pricing and undervaluing their own expertise, treating hard-won experience as a liability to move past, rather than an asset to charge for.

The Nine Currencies of Choice Model

The Nine Currencies of Choice is the model Kim built from those 5,000 interviews. She has used it to help organisations dramatically improve employee engagement and retention, including one IT department at a heavy equipment manufacturer that went from the lowest employee engagement scores in the business to the highest, beating the next-highest department by 23 points. Employee engagement research consistently links this kind of engagement lift to lower turnover and stronger business performance, which is part of why models like this one have staying power with clients.

The model has only been formally updated twice, most notably after Kim conducted additional research during the "Great Resignation," reflecting how the underlying drivers of retention shift as the labour market changes.

The lesson for anyone building a consulting practice isn't the specific framework, it's the process. Kim didn't invent a retention model from nothing. She built it entirely from expertise she already had, just applied to a new problem.

Designing a Consulting Business Model Around Your Strengths

Many consultants assume they need to do everything: speak at conferences, run training programs, offer one-on-one coaching, write books, and build online courses, all at once. Kim's business evolved differently, and more deliberately.

She started out wanting to be a conference speaker. Client demand pulled her into training instead: organisations wanted more than a conversation-starter; they wanted a program that created lasting change. That's what led to Mind Reading for Managers, built around the Nine Currencies of Choice.

Over time, her mix shifted again. Today, her practice runs at roughly 40% training, 40% consulting, and 20% speaking, a balance she's continued to adjust as her focus has moved toward more strategic, C-suite-level work on the future of work.

Speaking, Training, Consulting, Licensing: Finding Your Mix

Kim is candid about why this matters: a solo consultant can't excel at every mode of delivery. As she puts it, there's "only one of you." Trying to be a speaker, author, trainer, facilitator, coach, and mentor simultaneously isn't sustainable.

Her advice is to identify where your actual strengths sit (for her, that's research and intellectual property creation) and build the delivery model around that, rather than trying to personally deliver every service your business offers.

The Affiliate Model: Letting Others Deliver Your IP

One of the more distinctive parts of Kim's business is her affiliate model. She's developed a train-the-trainer version of Mind Reading for Managers, available in a fully digital, on-demand format. Affiliates in both the US and Australia now deliver that program on her behalf, while she stays focused on research and developing new intellectual property.

The arrangement works both ways: affiliates get a proven, tangible program they can sell, plus the ability to upsell additional coaching and workshops to the clients it brings them. Kim gets to stay in the part of the business she's best at, without being the bottleneck for every client engagement.

This isn't the only valid model: Kim notes that some consultants prefer to curate other people's IP rather than create their own, and that's a legitimate strategy too. The point isn't which model is correct. It's that the model should fit how you actually want to work.

The iROC File: A Simple Tool to Beat Imposter Syndrome

Even with a strong track record (a published book, a proven model, a seat at the table with Richard Branson), Kim says imposter syndrome hasn't disappeared. It shows up "at every level," and she's spent close to a year working with a mindset coach specifically to address it.

Imposter syndrome isn't just a personal quirk: it's a well-documented psychological pattern that affects high achievers across industries, disproportionately including women and other groups who've had to prove themselves repeatedly.

One of the tools Kim credits most for managing it is something she calls the iROC file.

How to Create Your Own iROC File

The idea is simple: keep a physical file of evidence documenting your impact. Performance reviews, thank-you notes from clients, results you've delivered: anything that proves, in writing, that you've made a difference.

Kim discovered the effect almost by accident. While cleaning out old files during a move between New Zealand and Australia, she came across a handwritten note from a CEO who had once been impressed enough by her work to write it down. Rereading it, and other things she'd saved over the years, she noticed how much more confident and capable she immediately felt.

That became the iROC file, a name inspired by the American phrase "you rock." When anxiety or self-doubt creeps in before a difficult client meeting or a new project, she pulls out the physical folder and reads through it. The point of keeping it physical, rather than digital, is that flipping through tangible evidence has a stronger effect than scrolling past the same information on a screen.

It's a small, low-cost habit, but it's a concrete way to counter the kind of self-doubt that can otherwise stall growth in a consulting practice, particularly for people who are used to constantly moving on to the next challenge without pausing to register what they've already achieved.

When (and How) to Build Your Support System

Kim is direct about the biggest challenge she's faced in growing her own practice: building a proper support system around herself, especially after letting her assistant go in the early days of COVID-19 and simply never replacing her.

She describes the toll of trying to do everything alone as leading to a significant bout of burnout roughly nine months before this conversation. Her honest reflection: despite teaching clients about strengths, weaknesses, and time management, she hadn't been following her own advice.

From Virtual Assistant to Operations Manager

Kim identifies two distinct points where consultants typically need to bring in support, and they require different kinds of help.

The first tends to arrive earlier, often around a revenue plateau. At this stage, the real issue usually isn't strategy: it's that the consultant is undervaluing their own time and expertise, and hasn't yet delegated basic operational work like calendar management and email.

The second point comes later, during a phase of more extreme growth, when a consultant has already built recognition, media coverage, and a track record. At this stage, the support needed shifts from purely operational to more strategic: someone who can help create the space to think, rather than simply clearing admin tasks.

Kim has moved through both stages. She now works with a part-time operations manager and has recently brought a virtual assistant on board, describing the shift as one from "operational support" to something closer to strategic partnership.

She's candid that this transition takes courage. Investing in support means real financial outlay before you necessarily see a return, and for many consultants, Kim specifically names imposter syndrome among women as a factor here, there's real hesitation about whether they've earned the right to that kind of help.

If you're trying to work out where your own practice sits on that journey, structured planning helps. This is exactly the kind of strategic-level thinking covered in Jane Anderson's one-day strategy workshop for women in consulting.

Kim's Advice for Growing an Authentic Consulting Practice

Asked what advice she'd give someone building their own consulting practice, Kim kept it simple: don't try to do everything yourself, get the right people around you at the right time, and lean into your existing expertise rather than starting over.

She also pushes back on the idea that there's one correct way to build a business. In her view, many of the standard models consultants are told to follow were built around male ways of operating, and don't always fit how women in particular experience business or leadership. Her closing advice is to design a practice that reflects your own strengths and way of working, rather than forcing yourself into someone else's model, an approach that echoes the cohort coaching methodology other guests on this show have used to build development models around how people actually learn, rather than a one-size-fits-all template.

As she puts it: "We have to be authentic to who we are."

Frequently Asked Questions

What is the Nine Currencies of Choice model? 

It's an employee engagement and retention framework Kim Seeling Smith developed by reverse-engineering insights from roughly 5,000 recruitment interviews conducted over 15 years. It has been used to help organisations significantly improve employee engagement and reduce turnover.

What is an iROC file and how do I create one? 

An iROC file is a physical folder where you keep evidence of your professional impact: performance reviews, client thank-you notes, and documented results. When self-doubt or anxiety arises, reviewing the physical file is intended to boost confidence by reminding you of past successes.

How do I know when to hire support in my consulting business? 

Kim points to two typical stages: an earlier plateau where operational help (like a virtual assistant for calendar and email management) is usually needed, and a later, higher-growth stage where more strategic support (such as an operations manager) becomes necessary to free up time for thinking and higher-level work.

How can I leverage past career experience when starting a consulting practice? 

Rather than treating a previous career as irrelevant, look for the underlying expertise it gave you and apply it to a new problem or audience. Kim did this by turning recruitment interview insights into a retention consulting model: the skill set stayed the same, but the application and packaging changed.

What business model should a consultant use: speaking, training, or coaching? 

There's no single correct model. Kim recommends identifying where your genuine strengths lie (for her, that's research and IP creation) and building your delivery mix, speaking, training, consulting, or licensing your IP through affiliates, around that, rather than trying to personally deliver every possible service.

Conclusion

Kim Seeling Smith's career doesn't follow a tidy, linear path, and that's precisely what makes it useful. She didn't abandon her recruitment background when she moved into consulting; she rebuilt it into something new. She didn't try to be a speaker, trainer, coach, and author all at once from day one; she let her business model evolve around her actual strengths. And she didn't pretend imposter syndrome disappears once you've written a book or shared a stage with Richard Branson; she built a simple, concrete tool to manage it.

For anyone building or scaling a consulting practice, the throughline is the same: start with what you already know, design your business around how you actually want to work, and get the right support in place before burnout forces the issue.

Work With Jane Anderson

If you're at the stage where you know you need the right people and the right strategy around you, this is exactly the work covered inside Jane Anderson's Women with Influence community for women building B2B consulting practices.

For more on pricing your expertise appropriately as you grow, see Melissa Lithgow's episode on pricing and positioning after burnout.

Explore more conversations like this one on the Jane Anderson Podcast.

 

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Most of the guests interviewed are current or alumni members of the Women With Influence community. Click here to find out more

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