The Signs That Consulting Is Right For You

Consulting is a career that comes with many perks such as flexible hours, new projects and clients every few months, and autonomy over your work. After hearing this, you might think that consulting is your dream job. However, there are a few things to consider before jumping into the world of consulting. There is a lot of buzz going around about the lucrative industry which is why many professionals are considering making that move to the more fluid and flexible career. It is important to recognize whether or not consulting will be the right fit for you. So, here some of the signs that will tell you that consulting is the right career choice.

 

You Like To Focus On The Work You Are Doing

Do you see yourself as someone who likes to roll up their sleeves and working hard to create outcomes? Then, consulting might be the right fit for you. By going into a career in consulting, you leave behind all the other aspects of being an employee. This means no managing of other people, no more performance reviews, no more worrying about the last company meeting, and no more thinking about your next steps within the organization. Now, some people enjoy managing others and want to be involved in a company’s long-term strategies. However, consultants are primarily detached from all those other things, so if that sounds like something you would enjoy, you would then enjoy working as a consultant.

 

You Lie Control Over Your Schedule and Workload

While consultants don’t exactly work less than other employees do, they do have more of a say in what they work on and when they work. So, if there is a new project to work on that you are not interested in, as a consultant, you can decline that project. Employees, otherwise, wouldn’t have that same luxury. In addition to this, the time you spend working is based on the deliverable. So, when you are able to take away all the other aspects of being an employee, you find that, as a consultant, you can work fewer hours but show more results.

 

You Have A Specific Expertise/Niche

If you are someone who enjoys working in a particular field like email marketing or even social media, then consulting might be the career choice for you. Most companies, when hiring a consultant are looking for someone who can give specific expertise on a project or initiative. They are not seeking general advice on a broad range of topics. However, this is not to say that consulting is your chance to change your expertise. For example, if you have worked on brand marketing your entire career to this point and suddenly want to go into digital analytics, consulting will not be the best way to go about that. Your best bet would be to work as an employee where you can get your feet wet, learn from the other teams within the organizations and get that hands-on experience before you make the jump to consulting.

What You Should Know Before Starting A Consulting Business

Many professionals are becoming more and more interested in starting their own consulting business. It has the perks of a great career path with a lucrative upside. However, what people don’t initially realize is that consulting is not as easy as it appears to be. In fact, it is a lot harder than you might think. Now, this is by no means to discourage you from starting a consulting business if that is what you are passionate about. There are some cautions to be aware that can save you a lot of headaches down the line and move you closer to that dream. So, with that said, here are some of the things you should know before starting a consulting business.

 

You Will Face Cranky People

You’re going to have to deal with cranky people. It is just part of the nature of the job. Consulting is a face-to-face business where you are meeting with people, shaking hands, and have conversations with them. Not many people can handle unpleasant relationships, and if that is the case for you, then you may want to reconsider going into consulting. You are going to deal with people who aren’t the nicest when they speak to you, but part of the job is figuring out who is worth working with and who is not. You will find that at some points, you are going to have to deal with some relationships that aren’t most pleasant to handle.

 

Knowledge Is Your Deliverable

At the end of the day, as a consultant, you were hired for one reason, and that is your knowledge. It is the one thing, individuals and companies expect from their consultant. They want your expertise in the particle niche for which you were hired, and for this reason, you must assert this knowledge and present yourself as the expert. Your clients are hiring you because when it comes to certain projects, you know something that they do not. So, don’t hesitate to tell it like is and deliver the knowledge that they paid for. Some people may agree, and some people may disagree, but you would be doing them a disservice if you didn’t deliver your knowledge to its fullest capacity.

 

You Might Not Be Charging Enough

One of the common mistakes that new consultants make is not charging enough for their service. Whether it is guilt or inexperience, this is a common blunder that most people make. While there is no magic formula for setting your fee, there is a general rule, and that is to charge more than you think you should. You have to remember that just as your clients are getting a return on their investment, so should you. Also, the higher your rate, the better you and your service look. A consultant whose fees are $100 per hour will be viewed as far less valuable than one who charges $5,000 per hour. You are selling yourself and your knowledge, so you want to make sure that clients know it is worth the investment.