Book Club Discussion The Wealthy Consultant by Taylor Welch

In this ABCI Book Club session, I sat down with my team, clients, and fellow consultants to talk about The Wealthy Consultant by Taylor Welch—and why it struck a nerve for so many of us. What started as a book discussion quickly turned into a very real conversation about charismatic founders, growth bottlenecks, and why so many consulting businesses stall even when the product, expertise, and reputation are strong. We dug into the difference between doing the work and delivering judgment, shared anonymized client stories, and talked candidly about how companies get stuck when the founder becomes the demand engine. This session reflects a lot of what we’ve learned building ABCI and helping aviation companies scale without burning out their leadership.

Summary Timestamps

00:00 – Welcome & Introductions

I introduce the ABCI team, clients, and guests joining the book club discussion.

03:10 – First Impressions of The Wealthy Consultant

Why this book reads like lived experience instead of generic business advice.

07:45 – Being a Consultant vs. Building a Consulting Company

Why those two things are not the same—and why that matters for growth.

12:20 – The Charismatic Founder Bottleneck

I share an anonymized client story where the founder was the demand engine—and the problem.

20:40 – Why More Marketing Would Have Made It Worse

What happens when you accelerate demand before fixing the underlying systems.

24:55 – Building a Demand Engine That Works Without Me in the Room

How positioning, messaging, and systems reduce founder dependency.

32:10 – When Charisma Stops Helping and Starts Hurting

Enterprise consulting perspectives on over-centralized decision-making.

39:30 – Delegation, Authority, and Decision Rights

Why pushing decisions down is the only way to scale intelligently.

48:15 – How ABCI Changed Its Own Internal Systems

What we fixed, what broke, and how trust replaced bottlenecks.

56:40 – Why Frameworks Matter More Than Oversight

How shared structures let teams move faster without constant approval.

1:04:30 – Getting Paid for Judgment Instead of Labor

The real problem most consultants never fully solve.

1:12:10 – AI, Junior Roles, and the Consulting Divide

Why judgment compounds in value while task-based work shrinks.

1:18:50 – Learning Judgment the Hard Way

A personal story about distilling complexity into decisions that actually matter.

1:26:30 – Systems That Elevate People

Why the same person can perform radically differently in different environments.

1:33:40 – Final Consultant Takeaways

What it actually means to add value as a consultant—at any level.

1:38:30 – Book Ratings & Closing

Final thoughts, ratings, and wrapping up the session.