The Joe Reis Show The Negative Net Present Value of Consulting
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Dec 3, 2024 The discussion revolves around the pitfalls of consulting, painting a picture of its isolating qualities and minimal growth potential. The hosts argue that investing time in content creation, like videos and courses, yields more long-term benefits. Personal anecdotes emphasize the advantages of building sustainable assets, positioning content as a more scalable alternative. By sharing their own insights, they encourage listeners to rethink their strategic choices in the professional landscape.
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Consulting's Limitations
- Consulting provides good short-term income but rarely builds lasting assets.
- Content creation, being one-to-many, offers scalability and long-term value.
Content vs. Consulting
- Prioritize content creation over consulting if you're financially stable.
- Content builds long-term assets, while consulting offers short-term gains.
Long-Term Vision
- Focus on the long-term game and create content.
- Be intentional about consulting engagements and prioritize asset building.