You want to grow your own consulting business but you’re not quite sure which direction to take. Here I will describe hot and highly profitable consulting business ideas.
|Consulting business ideas
1- Helping tech startups with their sales in consulting business:
The first idea is helping tech
startups with their sales. They need help setting up their strategy when it
comes to sales, the processes as well. So whether they just struggle to find
leads or they struggle to transform those leads into prospects and then paying
clients, they need help. They don’t have a lot of money, they cannot hire a VP
sales just yet. They don’t have a big sales team, if any sales reps at all. So
having a consultant basically connect with them and help them set everything.
The founder of the company now
know show to basically generate sales for himself or having the consultant
basically set up everything so that they can make that first sales hire. This
is an area where these companies have a lot of appetite. These companies need
help and having a consultant come in makes a lot of sense for them. So this is
actually a really good consulting business idea. If you have sales expertise, marketing expertise, business
development expertise, you can absolutely help these companies.
Helping professionals to get leads for consulting business:
Another highly profitable consulting
business idea is actually helping professionals get leads for their
business. The world moved online, they don’t have that digital marketing
expertise and maybe you have it or maybe you’re willing to basically take a few
months. What you need to learn so that you can actually connect these people
with their market. Bring them some leads in the door, and often enough, these
companies, so for example, take a roofing company. They build roofs,
residential, commercial, industrial, and these are like 30, 40, 50,000 plus
If the consultant can come in and
say, hey, you know what? I’m going to help you get three, four, five more
contracts every month. How much is that worth to you? Then of course the
company is going to say, yeah, I’ll pay you five to $10,000 every month for you
to help me do that. So there’s a lot of money in that field. If you have an
interest, so maybe you’re Cross Fit fanatic, you love Cross Fit and you’ve been
working in marketing. And you’re like, hey, I would love to help Cross Fit
boxes basically get more membership, right?
So this is definitely doable.
It’s something that already exists. There’s a market for this. There’s a lot of
money exchanging hands between these, or these roof companies or these plumbers
to people in marketing, people who are sending them clients. That’s also a
great thing to keep in mind. If you’re thinking of launching your consulting business
or if you already are a consultant full time, independent. I would love to know
like what are the ideas that you are exploring right now or what is it you’re
doing exactly right now as a consultant.
Helping midsize companies in consulting business:
Here’s a third idea, helping
midsize companies that are rapidly growing select, hire and train faster,
better and faster. So if these companies hire the wrong people or if it takes
too long for them to train because their processes are like all over the place,
this is hurting the top line, the bottom line of the business. And so there’s a
lot of money to be made in helping these companies having a much better process
when it comes to finding, hiring and training the new employees. Now you can
help in all three of these things or you can help with just one of these some
things and that’s okay too. You will get new money. It’s going to be super easy
for you to do like 10, 15 or $20,000 a month by starting consulting business. If you can help these companies
basically secure the rapid growth.
You can make it less of a risk
for these companies to kind of like just hit, like go down a cliff when they’re
growing by helping them basically secure that part of the business, they’re
going to be showering you with money. So if you have expertise in, I don’t
know. If you were a hiring manager and you have like this perspective from like
the manager’s side. Or if you were in HR or if you were like even in sales,
like people in sales have so much to teach to basically people in HR. When it comes
to finding the right people and connecting with enough people and growing like
a pipeline and sourcing basically future employees. This is also a pretty solid
idea if you feel like you have what it takes.
4- Helps Tec companies
release their products faster:
The fourth idea, let’s go back to
our beloved tech companies. Tech companies often times like it’s all about the
product and when they released a product, they feel like they never go fasten ought
and the product is never really good enough. If you are this person that
basically helps these companies release their products faster and better. When
I say better, it could be a better user experience, user interface. The clients
actually enjoy using the product more and the product basically has a better
market fit. The product bombs and it
doesn’t get like the validation from the market that the company was expecting,
this really sets them back and basically puts the company in danger.
You can bet your ass that there
are consultants out there, who are basically there to help mitigate that risk
and also accelerate the rate at which these products or these extra features or
these updates are basically going out. For example, you could be a current dev.
Like you could be like a team lead or you could be like a director of engineering
and you can be like. They can improve basically the quality of whatever they
put out there. If you have this expertise, this know-how from your current
career or your past career, then this is absolutely something you should look into
Increase the effectiveness of their sales team:
The last highly profitable
consulting business idea is helping companies increase the effectiveness of
their sales team. If you have sells expertise, you could absolutely go in there.
Everyone in my consulting boot camp builds; they’re building their consulting
business. It’s all done remotely. But nowadays, it’s absolutely possible and doable
to help companies improve the effectiveness of their sales from a distance. May
be you were like this amazing sales rep or maybe like an account exec. Or maybe
you were a sales manager, sales director, VP of sales, I can absolutely help
other companies improve their sales processes.
Whether you are a coach for the B
players or even the C players. In sales we always say there’s the A, the B, the
C players. So maybe you’re a coach with B players or maybe you’re someone who
can actually train new sales managers from a distance. The company, they pay
you, you are an experienced sales manager. The director is kind of new and they
need someone to kind of come in and again, could be remotely. Thing is, some companies are
really relying heavily on a Sales force. It costs them millions of dollars and
if you can come in and basically improve their close rate or reduce the sales
cycle and stuff like that. Definitely i can tell you already there’s a market
for this and there’s a lot of money for that. If you’re serious about launching
and growing your consulting business, I’ve got two amazing gifts for you right
The first one is a complete framework of how I basically built my $200,000 consulting business for my first
year. And it’s also the framework that I’m teaching my clients inside the
consulting boot camp. They paid
thousands of dollars for this and I’m giving it to you for free. if you’re
interested in reading, like just basically opening my head and just seeing if
everything that is in there and seeing how i made this happen for myself step
by step, more than welcome to get this. It’s a 25 page PDF document.
Cheers to your success!