Ah, consulting. Alluring, isn’t it? After all, the movies make business consulting seem like a cake walk. Parties, travel, meeting interesting people and going to exotic places, and doing fulfilling, specialized work makes consulting sound like the best career ever. But is it? And is starting a consulting business right for you? At Opterre, we help business consultants develop a solid plan and develop their business into a successful career. Below, we discuss points to consider in deciding if business consulting is right for you.
IS CONSULTING RIGHT FOR ME?
- Examine yourself. Top consultants definitely have personality characteristics in common. Are you driven? Do you love what you do? Are you willing to work long hours, especially in the beginning, to establish yourself and your business? Are you focused? Are you a visionary yet practical? Are you flexible and able to pivot if need be? Ask yourself some basic questions and be honest about your answers.
- Generalist or specialist? Do you want to focus in on a niche industry or do you want to help people in an industry that’s a bit more broad based?
- Connections. To be a successful consultant, you usually have to have worked in your industry for many years in order to form the connections it takes to get the word out about your experience and expertise. If not, are you willing to bust your butt in order to form these connections that will ultimately make you successful?
- Sacrifice. Most top consultants work well over 40 hours a week, usually upwards of between 60-80 hours a week, in order to make their dreams come true. Are you willing to sacrifice your personal life, hobbies, family, and your free time in order to make your business consultant business successful?
- A 24 hour salesman. You have to market yourself all the time. There’s no shame in self-promotion; in fact, most people don’t do this enough regardless of what career you’re in. Constantly talking about your business and yourself will get your name out there and drum up customers, guaranteed.
- Knowing when to pivot, admit when you’re wrong, and change direction. A business consultant does not have all the answers and, like all humans, makes mistakes. The key to a successful business consultant career is knowing when to cut your losses and change course. Those who can’t do this don’t last long.
- Intermittent pay. As a consultant, you’ll be paid in lump sums and often at highly infrequent intervals. Can you handle the rollercoaster ride for the end game of a financial future you can only dream of?
- All in. You have to be all in in a top consultant role. You have to believe in yourself and the value you add to your clients 100 percent if you are to succeed. If not, don’t bother. Clients can see if you’re committed or not and will read you like a book.
Consulting can be an extremely rewarding career with many upsides:
- Great money
- Travel the world
- Meeting the best and brightest business leaders
- Continuous learning
- Challenging environments
- Different tasks every day
- Solving problems daily
Opterre’s mission is to come alongside start-up business consultants and other top consultants and aid them in any way possible. From being their number one fan to being a phone call away to bounce ideas off of to holding you accountable for sticking to your business plan, Opterre will support you through the thick and the thin. We want to get you on the path to success and help you make all your dreams come alive. No one succeeds alone, and your goals are our number one priority. Contact us today for a free consultation!