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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? Other tips: Benchmark your rate to increase your confidence.

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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Benchmark so you know your rate is reasonable. Although rate information is a closely guarded secret, based on my 20 years in the industry here are very rough ballpark numbers for “management consulting” (not IT consulting, project management, training development, etc.). There are lots of ways to do this. Figure out your market rate.

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21 Traits for Leading by Example: Rate Yourself

Rick Conlow

Early in my career at a seminar the facilitators talked about “leading by example.” Over time, I noticed that managers often had a glazed look in their eyes when I would say to “lead by example.” Leading by Example Assessment. Here are 21 specific traits to benchmark yourself. Use a scale of 1-6.

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4 Self-Improvement Myths That May Be Holding You Back

Harvard Business

Add in speeches, training programs, TV programs, online-products, coaches, yoga, and the like, self-help is a $10 billion industry per year , and that’s just in the U.S. Myth 2: We get better by benchmarking ourselves against others. HBR staff/Bettmann Collection/Getty Images. It accounts for about 2.5%

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How My Company Created an Apprenticeship Program to Help Diversify Tech

Harvard Business

Even though we were following the typical playbook — posting open positions on job boards that specialize in attracting candidates from underrepresented groups, sponsoring events, giving scholarships, and training our employees on inclusion and hidden bias — we weren’t seeing progress. Native American, 18.1%

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How to Understand Key Metrics in a New Industry

Tom Spencer

To help me understand these new numbers I use analogies based on my initial training to help me understand a new industry. For example, a baby can triple his or her birth weight in about a year, yet if an adult were to triple their weight it would be cause for concern. Company goals – Is the change in the metric planned?

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How to Think Differently About a Flexible Workforce - SPONSOR CONTENT FROM CATALANT

Harvard Business

Training Managers will need the ability to contract with, pay, and manage far-flung but integrated virtual networks of individual contributors they can no longer “manage by walking around.” Change Documentation Develop and implement a standard set of training modules on key skills-based aspects of the new way of working.

Talent 123