4 Signs You are Expert Enough to Launch a Consulting Business
4 Signs You’re Expert Enough to Launch a Consulting Business4 Signs You are Expert Enough to Launch a Consulting Business. You don’t need a lifetime of experience to start a successful and helpful consulting business.
Consulting has quickly become one of the most attractive ways to be your own boss. From providing online training sessions and seminars to one-on-one consultations with other entrepreneurs, there are several avenues available for consultants to make a living.
Unfortunately, many people cut themselves off from this opportunity simply because they don’t feel that they are enough of an “expert” in their preferred consulting niche. In reality, while some level of experience is necessary, you don’t need to have a master’s degree or 20 years of industry experience to make it as a consultant. In fact, there’s a good chance you already have everything you need to be a success. If any of these traits describe you, you may want to consider a consulting business.
1. You prefer doing something different each day.
For most 9-to-5 employees, the routine stays relatively the same day after day. Even when individual projects change, you are still dealing with the same basic products or services, the same target audience and so on.
The best consultants crave the possibility of doing something different each day and working with new clients who each have unique challenges. They want to challenge themselves with new experiences.
New experiences don’t just keep things interesting, they may help with our overall health. According to Dr. Gad Marshall, associate medical director of clinical trials at the Center for Alzheimer Research and Treatment at Harvard-affiliated Brigham and Women’s Hospital, learning new things and stimulating cognitive activity in the brain may be helpful in preventing Alzheimer’s disease and dementia.
Successful consultants are level-headed and able to look at problems with an analytical mindset. They listen to others to better understand problems and potential solutions. Ultimately, they want to be problem solvers who find new solutions each day.
2. You have a genuine thirst for knowledge.
Successful consultants are always learning, and for good reason. As Dustin Wax explains in a blog post for Lifehack, “Learning across a wide range of subjects gives us a range of perspectives to call on in our own narrow day-to-day areas of specialization.” He continues, “A broad knowledge of unfamiliar situations feeds innovation by inspiring us to think creatively and providing examples to follow.”
A study discussed by the Harvard Business Review notes that high-achieving consultants take this desire for learning into each new project. While they start with background knowledge in their niche, they must also “rapidly and discreetly gain knowledge of the client’s business” to demonstrate their credibility.
Cosultants use several resources to tackle these challenges, such as finding parallels from past experiences, gaining insights from a client’s team and even monitoring people’s body language. The knowledge-gaining quest doesn’t just require understanding the industry as a whole — it also requires learning the ins and outs of each client you will work for.
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