Starting Your Own Home Based Consulting
2007 - Stephen Wright
In times past, being a home business consultant
was limited to high level politicians, corporate leaders, and the like. However, this has dramatically changed
over the last 5-8 years. Today, many companies, large and small, increasingly are outsourcing specialized
expertise from consultants. These range from simple efficiency and operational areas through major complex
strategy development. This article provides insights, tips, and advice on getting started with your very own
home based consulting business.
Likewise, the number of consultants has been
growing exponentially. No longer bound by the 8-5 work styles of the past, many now prosper through
opportunities for work from home business opportunities. The areas of expertise also continue to expand
And the good news for potential home business
consultants is that the profitability continues to rise as well. It is not at all unheard of for consultants to
command hundreds to thousands of dollars per hour or day for their services, and still others work on an annual
retainer fees that can reach into the tens, thousands and even millions for large
What then does it take for someone to become a
home business consultant? Contrary to popular belief, almost anyone can become a
consultant. Simply stated, you need to be good at solving problems, have good ideas, or have
organizational skills. Like any other area, to be successful, you will need to be able to sell yourself, your
ideas, and your value to potential clients.
To get started, you need to complete a self
analysis inventory of your own skills, knowledge, areas of specialized training or expertise you may have. And
do not forget, as always, my number one advice for anyone going into a home based business activity is to insist
that you identify an area that you really like. Getting passionate about what you are doing is a huge key to
success and personal well being.
Once your self inventory and assessment is
complete you will match your strengths to potential client needs. This will ensure a good
fit between the expertise and benefit of your skill, knowledge, and abilities aligned with the client's
A great benefit of being a consultant as part of
your home based business activity is that you do not need a fancy office or even an office building for that
matter. Many consultants now operate effectively from a spare room in their home, a basement section, dining
room space, or ideally a small section of their existing home.
With regard to advertising your business, look
for those catering to the type of business you want to serve. Basically, unless a publication reaches the people
you are trying to sell to, don't advertise in it regardless of the specific style, quality, or advantage of
There is one tip somewhat unique to consulting
that should be considered as you move forward. When advertising you should not quote prices up front or at the
outset of any discussions with potential clients. Your focus should be on collecting the names, addresses, and
phone numbers. Whenever possible follow up in person through scheduled appointments to be able to get a first
hand look at their situation, needs, and requirements.
This then will put you into a better position to
give a written proposal to solve their problems. Personalizing proposals and services you offer to meet their
unique and specific problems is a key to having highly satisfied clients.
At this point selling your ideas through your
proposal and the presentation of it to the potential client makes all the difference in the world. Keep it all
upbeat, positive and as professional as possible are keys to success.
With these points in mind, you should be well on
your way to have a highly successful and profitable home based business consulting firm in no
Stephen Wright is President & CEO of
Get everything you need to make money online in "Dotcomology: The Science of Making
Money Online". Includes Over 30 Time-Saving, Profit-Producing, Influence-Expanding Tools And Software Programs
Absolutely Free at: Get Docomology Now