One of the fastest growing industries is that of consulting. As this report from Green Target states, “The global management consulting market is worth an estimated $130 billion. Operations consulting holds the lion’s share of the market, at an estimated $70 billion, followed by HR consulting and strategy consulting, which each has $30 billion markets. Companies continue to seek services, with their management consulting expenditures growing approximately 4 percent annually over the past few years.”
What this means for those seeking a new career as a consultant is that opportunities abound. However, let’s discuss whether consulting is right for you. Do you have what it takes to be a successful consultant? Do you love to travel? Are you flexible? Are you a people person? This article from Forbes has some great advice for those seeking a career as a consultant. We really like this statement from that article, “finding the balance between asking for new experiences, managing your time, and preparing for the occasional long night or weekend will help you take full advantage of consulting. ” If that describes you, then you are a great candidate for a consulting career.
Many consultants are starting their own firms. Although it would be ideal for you to work for someone else when you first start out in the consulting field, with the right training and personality, you could actually start your consulting career as a freelancer or by creating your own consulting firm. If this is the avenue you are considering, your first order of business after the establishment of your consulting firm or freelance consulting practice is learning how to get more clients. It is already a given that you have companies in mind to become your initial clients, but you will always be on the lookout for ways to increase your business by adding even more clients on a regular basis.
The bottom line is that whether you are seeking a job as a consultant with an already established firm or want to launch your own consulting business, with the right mindset and determination, you can become one of the best consultants the world as ever seen.