How to start a consulting business with Amy Rasdal
Jun 13, 2023
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Amy Rasdal, a successful consultant, shares insights on how to start a consulting business. Topics include reasons to venture into consulting, transitioning from a corporate job, overcoming fear in entrepreneurship, starting a consulting business with minimal requirements, business valuation, and the freedom and potential revenue in consulting.
Consulting offers freedom, flexibility, control, interesting work, and excellent pay.
Consultants provide specialized expertise, help save costs, and offer operational flexibility to companies.
Embrace fear, overcome perfectionism, reach out to contacts, and own talents to create value in consulting.
Deep dives
Starting a Consulting Business with Amy Razzdal
Amy Razzdal, an expert in consulting, shares valuable insights on starting a consulting business. She emphasizes that anyone with brainpower, business experience, a phone, and a computer can launch a successful consulting career without needing a logo, website, or business bank account initially. Razzdal outlines three simple steps: defining a value proposition, creating a list of contacts, and reaching out via email to land projects and generate revenue.
The Benefits of Consulting
Razzdal highlights the benefits of consulting, pointing out that consulting expenses don't count against key financial metrics like EBITDA, which can make consultant services more attractive to companies looking to keep expenses off the balance sheet. She emphasizes that consultants offer specialized expertise and can help companies save costs while maintaining operational flexibility.
Overcoming Obstacles and Fears
Discussing common obstacles and fears associated with consulting, Razzdal encourages individuals to embrace fear as a natural part of stepping into a new venture. She stresses the importance of taking action, overcoming perfectionism, and reaching out to contacts, even when faced with self-doubt or concerns about imposing. Razzdal advocates for owning one's talents and skills to create value for others.
Navigating Corporate Relationships
Razzdal delves into the nuances of navigating corporate relationships as a consultant, emphasizing the value of reaching out to former colleagues, peers, and acquaintances to secure projects. She shares practical tips on leveraging LinkedIn for connections, tapping into various networks, and using email outreach effectively to communicate services and land consulting projects.
Unveiling Profitability in Consulting
Through real-world examples and insights, Razzdal sheds light on the profitability of consulting businesses by discussing how consulting income doesn't impact certain financial metrics like EBITDA, making consultants an attractive option for companies looking to enhance profitability. By understanding financial dynamics and market demands, aspiring consultants can leverage their expertise and relationships to drive successful consulting careers.
On today's episode, we're talking all things consulting. If you've ever wondered what a consultant actually does or how to get started, this episode is for you. Amy Rasdal is on the show today to help so many of you figure out whether you could start your own consulting business with the skills you already have. And she's the perfect person to help us navigate the world of consulting. Amy traded her corporate job for consulting 15 years ago and makes more money than most executives. The advantages are freedom, flexibility, control, interesting work and excellent pay. She has been running her own multiple 6-figure consulting business for more than 15 years. As the founder of Billable at the Beach®, Amy has helped hundreds of people start their own successful consulting businesses through speaking, workshops and various programs over the past 10 years.
If you'd like to get in contact Amy to learn more, here is all you need:
Book Land a Consulting Project NOW!: Build a life of freedom, flexibility, and inspiring work running your own 6-figure business https://www.amazon.com/dp/B0B1B4Y7D8
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