You don't need a degree to become a consultant, nor do you need to be a leading expert to launch your services. That's why you often hear people offer their services to coaches and consultants as if they were the same thing. The irony, however, is that the definition of management consulting is vague in and of itself because the concept is so broad. Others prefer to pay per project, considering it, perhaps, as a way to prevent consultants from occupying their hours.
You don't need a degree to become a consultant; however, having one can be beneficial. You can start counseling now and work toward earning your degree in the process. It's one of the things that Elodie Garson-Besançon, a management consultant for Ernst and Young based in Europe, loves about her great exposure to high-level people in the field. There is virtually no limit to the amount of income a consultant can earn (based on my work with many consultants) or the chocolate a consultant can consume (based on my personal experience).
In my work with consulting firms over the years, I have seen exactly one case where a company has successfully built capacity before demand and many, many cases where capacity prior to capacity building has been counterproductive. Packaging knowledge also serves as a significant differentiator in a world where everyone calls themselves consultants. In fact, one of the best ways to get really rich in consulting is to find a way to package your intellectual knowledge and experience into a tangible “product” that you can then sell to clients and that allows them to do for themselves what, otherwise, they might have needed a consultant to do for them. Many consultants are afraid of paying a premium; however, if you earn half the business with double the fees, you earn the same amount of money and work half as hard.
According to Working Mother magazine, 37 percent of consulting giant Accenture's 30,000 employees are women. Business consultants are professionals who provide management consulting services to help organizations improve their performance and efficiency. Weiss's career as a consultant has exposed him to many myths, misunderstandings and misconceptions about the business. Consultants who rely on technology to keep in touch are going to be at a disadvantage compared to those who keep in touch in person.
A valuation consultant creates asset valuation reports for a company, such as real estate, stocks, commodities, and securities. Sign up to receive insider access from people with insider information to information and resources that will help you grow your consulting company. While that initial savings habit certainly helped me achieve millionaire status, what really made the difference was the large amounts of money I saved as an independent consultant. If you have the knowledge and experience needed to provide advice that helps business-to-business (B2B) or non-profit organizations, you can start your own consulting business.
