In this session, I explain various consulting business models you can pursue. Check out the options and decide what’s best for you.
What's the real reason you started your consulting business?
Most consulting business owners I speak with chase a more significant goal (beyond the obvious goal of building a successful consulting business). Consulting businesses are often used as cash-flow vehicles to achieve more significant (and specific) business or life goals.
✅ Building a tech startup on the side and using consulting to pay the bills
✅ Creating a college fund for your kids with your consulting income
✅ Ditching 9-5 to design a time-rich life, i.e. more freedom to do what you what when you want
✅ Create a consulting income stream so you can invest in real estate, stocks, etc., and retire early
Consulting is a great way to achieve your bigger goals because when done right, it can be highly profitable. But here's the thing...
If you don't design your consulting business in a way that aligns with those goals, then it's of no use. More specifically, you need to be sure the business model you choose matches your ultimate goals. A business model is just a fancy phrase for how your business is set up to deliver value to your clients and you.
To follow along with visuals, check out the episode on YouTube: https://youtu.be/-btAO4jIyGs
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Interested in adding $100k to $500k in new consulting revenue in 12 months? Check out our website to learn how we can help: https://www.consultingleap.com
Follow or connect with Faheem Moosa (let me know you listened to the podcast): https://www.linkedin.com/in/faheemmoosa/