People underrate how valuable consulting is. Despite your career, you start getting experiences the moment you enter any sector.
Although its value depends on your expertise, it doesn’t mean you cannot monetize your skill. Anyone with minimum knowledge can help a person who does not know at all.
Now, how does consulting work, and why should you care?
What consulting is for Pedram Zohrevand
Pedram Zohrevand believes anybody could do some form of consulting, especially veterans. He has worked on his engineering firm based on this model for decades.
Consultants guide the client to solve a problem with their skill and experience. People who hire consultants can succeed faster and avoid costly mistakes.
How many times have you heard it? The fastest way to reach your goals is to learn from someone who has already reached them.
Now, people don’t realize that you needn’t be successful to be worthy. Your value in the market depends on how much you have learned and experienced.
Why most veterans should be consultants
For Pedram, trust is the key reason why consulting works so well. If the client can relate to you, the program has more chance to work.
People already have the information. However, they lack the skill or the certainty to take action on the steps. A consultant is a clear example that his advice works, especially after he reached success.
You can get paid for sharing your stories with people if you have many experiences. Whether you had successes or failures, people will find utility anyway.
Both failures and successes make the lesson credible and valuable.
How much knowledge should you have to be competent?
There is no measure of how skilled you should be. I can show you examples of consultants who were helping others with only one year of experience.
One thing for sure is that your skill will define competition level. Luckily, veteran business owners have a huge advantage. You may have earned that knowledge automatically as you build your company.
Because you have already created value, you will only have to work on finding the right people. Who would need your help, and how do you get to be known?
Top Benefits Of Consulting
There are many ways you could organize your agency.
Although selling is necessary, you don’t need to do it if you want to focus on your skill. Simply hire someone who could promote you and your offer.
Another alternative is inbound marketing. This form of advertising is an automated system to attract customers. Based on exposure, you will receive as much visibility as the content you create.
Courses, online communities, and blogs are the basic ways to increase your influence.
The reputation you create will gradually turn into free advertising. The more you grow your community, the easier it will be to share your talent.
When you convert your knowledge into a course, you can generate passive income. Although consulting doesn’t offer much leverage as a model, today’s technology has changed that. In most cases, consulting requires no investment other than time and experience.
Remember that if others have done it, it is possible for you as well. Also, that will increase competition, which is why you should work on your skills and delegate other tasks.