June 15, 2007, Newsletter Issue #112: Become a Consultant

Tip of the Week

Entrepreneur.com Tip: If you have years of experience dedicated to a professional services business such as communications, law, or technology, put your entrepreneurial drive to work to become a consultant! You can use your expertise to provide customers with knowledge and processes that will help them run their businesses more efficiently. While consultancy is extremely hard to get into (everyone is a consultant these days), there are benefits that make it all worthwhile:

Flexible Schedule: You get to decide how many clients you take on. If you want to work half days to accommodate your children’s schedules, you can take on just a few clients to make that happen. Work from Home: Who doesn’t love the ability to work from home? Whether you choose to work in your PJs or your suit and tie, you’ll save the time and money spent in a commute to an office. Be Your Own Boss: After years of working for uptight, micromanaging bosses, it feels good to be able to make your own decisions. Be careful: power can be difficult to handle, especially when it comes time to pay the bills, and there’s no money in the bank. You have no one to look to for answers but yourself! Enjoy What You Do: Even if you have worked in an industry you enjoy, working for yourself as a consultant allows you to focus on the activities you really like doing and ban the ones you don’t care for.

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