Imagine taking a $400 session and making $50,000 from your first client. Crazy, right? Welcome to the world of consulting! It's an excellent way to make money from the skills you already have. PS, you can start consulting without leaving your 9-5! Curious as to how? Issa #thread!
Why consulting?
a. Low barrier to entry. You can literally start your consulting practice TODAY
b. Great for people who do not like to sell products
c. You get to keep almost all the money you make since you have low overheads
d. It is fulfilling on a personal level
a. Low barrier to entry. You can literally start your consulting practice TODAY
b. Great for people who do not like to sell products
c. You get to keep almost all the money you make since you have low overheads
d. It is fulfilling on a personal level
5 tips to making consulting your side hustle:
1. Think about your skills and passions. What has always come easy to you? What are you commended for in your job? What do friends and family ask you for help with? HINT HINT, you may want to consult in that area
1. Think about your skills and passions. What has always come easy to you? What are you commended for in your job? What do friends and family ask you for help with? HINT HINT, you may want to consult in that area
2. Now that you know your general service, NICHE DOWN! You're probably thinking, why reduce my potential client pool? But niching works counterintuitively. By focusing on a small segment, you become known as an expert, and more people trust you within the niche
3. Why does trust in the niche matter? It's all about REFERRALS! Referrals are the life blood of your business. Once people trust you and your provide value, they tell their friends (who likely face similar challenges) about you.
4. So how do I get referrals? It's simple. First, underpromise and overdeliver. Particularly for your first client, because they will start the chain of referrals. Second, follow up! Check in on your clients regularly and be empathetic. It keeps you at the top of their minds
5. This is all great, but can I really overdeliver? Here's the secret - the first person you have to convince of your expertise is yourself! It's easier said than done, but once you build confidence in your value, you can demand your worth with your chest!
