Many years ago, an old friend and I got took a trip and got lost. Not lost like “I wish we could find a decent place to eat in this neighborhood”, but really lost. We were traveling through South Dakota on our way to Yellowstone and Glacier National Parks, and had set up camp in […]
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USAToday recently posted an article that validates what a lot of us already knew: that people are leaving corporate jobs to start their own businesses. For many people, the rosy promise offered by corporate jobs has never materialized. In decades past, corporations provided outstanding health benefits, pensions, and other benefits to employees and their families, […]
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Yesterday was my kids’ first day back to school. My daughter is in 2nd grade, and my son is in 5th grade–his last year before middle school. They were both excited to start back, and I was glad too, after a summer in which their camp schedules seemed to be in a constant state of […]
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In order to better tailor the content on StartMyConsultingBusiness.com, I need to find out a little about your consulting niche. Please take 30 seconds to complete the short survey below. If you don’t see the survey form below, you can click on this link to complete the survey. Thanks!
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In Part 1 of this series, we looked at: what a niche is, why you should care about targeting a niche, how to find a consulting niche, and researching a consulting niche. Now, we’ll take a closer look at how you can figure out if a niche is profitable. This is a critical piece, because […]
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Even though you may be working your tail off, you could still be losing money. I’ve seen lots of consultants fall into this trap, and it can put a serious squeeze on your business and personal cash flow–and we all know that too little cash can cause a lot of stress. To start and run […]
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Do you want to look unprofessional and incompetent? I didn’t think so. But if you set your rate too low, that’s exactly what will happen. For example, plumbers in my area typically charge about $75 an hour. Now, if I find one that charges $50 or maybe even $40 an hour, that price might look […]
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You’ve got what you think is a great idea for your consulting business, and you’re convinced it’ll make you millions–or at least enough to quit your day job. Let’s say your idea is to become the foremost consultant on, say, ferret foot care. You spend a ton of money and time on marketing materials, countless […]
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I’ve already talked about why I think traditional business plans are a waste of time for most consulting businesses, but after talking with a friend who has a consulting business idea, I want to talk a little bit more about why you probably don’t need to put time into a long-winded business plan. My friend […]
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University of South Florida offensive lineman Danous Estenor had just stopped for a bite to eat at a campus restaurant when he heard screaming outside. He ran to the scene to find a towtruck driver pinned under a Cadillac. Three other people were trying in vain to lift the car. Estenor tried too, but couldn’t […]
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