5 Basic Steps for Starting a Profitable Consulting Business

Are you ready to start a consulting business? There’s no better time to start than now. In this video, I’ll explain how you can break into the consulting field and become a profitable independent consultant.

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Have a question on how to become a top consultant? Drop it in the comments below or tag your tweets with #AskJonathan.

[mattwright]

Amazing advice, Jonathan - especially the guidance to start building your audience before you take the leap. I am in that phase and it's been really powerful in terms of starting conversations with my target audience that are helping me get clearer on what shape my product will take. Also really smart to maintain an email list where social media platforms are so dynamic and always shifting.

[PatrickLavergne]

Great advice Jonathan. Thanks for sharing!

[missrose]

Thank goodness this popped up on my YT timeline. Great info!

[MD-hxwf]

Gold. Thank you for taking the time to make this.

[purvikaanand]

And Sir, the only reason I didn't find or create a network when I was employed, was because I used to spend my tea breaks and nature calls for extra minutes into my employed work.

This gave me an opportunity to witness the benefits of the other side of the coin where now as a Solopreneur, am even more uncouth with my own employed self to be over productive like I did for mine previous employers. :)

[grod]

This is great advice. Thank you for sharing!

[autumnonpurpose]

I stared a consulting company and am binging how to make it successful 🥰

[TRAVIESO_NA]

Say I am getting a client a 8 million dollar deal, what’s a reasonably fee to charge them for me doing the leg work? 2% 5% it’s my biggest deal I’ve had a opportunity with and I don’t want to be greedy and mess up future deals.

[kristen]

Would you mind doing an example cold call of you speaking with investors?

[cinnocencesinema]

1) know your customer.
2) what's the most expensive problem for your customer that you can solve?
3) request an introduction with prospective customers/people with clear signs associated with your target demographic.
4) listen about the problem your customer is experiencing. ask why it's a problem.
5) prepare for a proposal.

think of symptoms associated with bad practices. are those solutions things people are willing to pay for?
who has the most expensive version of that problem?
capture all the emotionally-charged language they use.

[marcschelz]

Really enjoying your content! Would be cool to hear about how to actually start a business like this. Like first projects etc. I have been running my own creative/videoproudction company but would like to venture more into consulting as well :)

[Bankfoto]

Just wanted you to know I appreciate your content. Im into multimedia (photo, video, graphics and printing) and at some point I would like to have an agency (become a consultant) at this moment we do more of weddings because thats where the daily bread comes from and I love it too. I would like to be an agency where big brands will come for multimedia solutions. How do I go about it?

I want you to also know that I'll be your number one fan forever, saw you from the futur and I loved your video so you have a true believer. Salute

[PracticalTechnologist]

Thank you for this valuable information. Do you have any advice on how one can transition from a full-time corporate employee to an independent consultant? Specifically on how one can build their consulting business while being employed.

[conormacleod]

Hi Jonathan - these are great. I was just wondering, what if the problem is is forecasted? How can you sell that? e.g. if you were focusing on infrastructure for growing brands and you were aiming to highlight the impact of waste as you get bigger. This isnt a present problem, but will become one if they hit there growth targets, at which point the problem is so entangled it becomes difficult to resolve?

[jaimejimenez]

How do you find these start ups?

P.s. Purchased "learn you lines" and its super helpful!

[philmckay]

stop it! i want to interrupt with my hypothesis! lol

[salmos]

Hello Jonathan, great information.
I am an Aviation Jet Engines Field Service Engineer Representative.
I want to have my own consultant business. Kindly what is the best advice to start from scratch??

[mohamedriazmohideen]

Hi Jonathan, Can you please help to setup a business registration in sweden kindly revert thanks Mohamed

[JoannaLaurensings]

I started a consulting business in 2020. I have one client but I’m not sure how to get my next one. I am an industrial engineer focusing on small manufacturing businesses. Can you give me advise on how to find more clients?

[adrianjimenez]

Stopped at 2:30. Failed to capture the audience