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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Use these sites even if you just left your corporate job because it’s possible your cost-of-living increases didn’t keep up with the market price for your expertise. Local market conditions: Professionals in New York and San Francisco get paid more than those in Cincinnati or Boise—by some estimates, up to 25 percent more.

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Your Complete Guide to Subcontracting as an Independent Consultant

Successful Independent Consulting

For example, if you do change management work on big system implementations, you may lose $50,000 or more. They manage the client relationship and often oversee the project, which means that they may require regular status reports or check-ins. strategy development, market research, transformation initiatives).

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Consulting Tip #6: Use Your Intellectual Property to Build Political Capital

Johanna Rothman

Then I read Lorin Hochstein's brilliant assessment in On productivity metrics and management consultants. McKinsey wrote that report as a way of using their intellectual property (IP) to build political capital at the client. How to Build Your IP You can build your IP, also known as your content for marketing, in many ways.

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How to Become a Go-To Person Within a Consulting Firm

Steve Shu Consulting

Play a key role in developing new intellectual property or approaches for the firm. Publish articles in a focused area or practice (aka marketing). Here are some thoughts based on my past experience: Be known as a consultant that gets things done on projects in general. This goes a long way in consulting circles.

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What / Who Is a Professional Independent Consultant?

Successful Independent Consulting

Still other people market themselves as consultants when they take on projects between (or in addition to) full-time jobs. Some of us have respected industry certifications such as Project Management Professional (PMP) or Senior Professional in Human Resources (SPHR). However, LLC or Inc. See Know Your Niche.) Carry business cards.

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Breaking Down Case Interview Frameworks – M&A (Mergers and Acquisitions)

Management Consulted

Check out our breakdowns on Profitability , Market Sizing , and Market Study to become a complete expert on any kind of framework you’ll need in your case interview. This comes down to 4 key areas: – The Market. Most investors do not want to buy a company that is in an unattractive market. Have no fear!

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5 Rookie Consulting Mistakes (And How to Avoid Them)

Consulting Matters

Imagine the difference it will make when you can say to a potential client with full confidence: “Investing in a strategic partnership with me is NOT an expense to be managed, but rather an investment that will generate a return.” The Ultimate Best Practice.