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re: So talk to me about being a consultant in my spare time...

Posted on 9/23/15 at 10:42 am to
Posted by lilsnappa
Red Stick
Member since Mar 2006
1800 posts
Posted on 9/23/15 at 10:42 am to
quote:

I talk to my friends and other folks and realize there is a HUGE demand


If you have to ask how/where to market this, then may be that's not the case.

A lot of 'consulting' work grows organically from a successful project and your network. Executive A has a good experience with you and recommends you to Executive B and that leads to more work, as so on.

The question you have to ask is:

How much are companies willing to invest for your experience/knowledge? Generally, HR related issues are not big budget issues (if they are, legal is involved).

quote:

I could save companies-large and small-large sums of money


Put some case studies/white papers together and have something to show a potential client how you can save them time/money... if you can't spell it out easily and concisely, it will be a hard sell.
Posted by GFunk
Denham Springs
Member since Feb 2011
14967 posts
Posted on 9/23/15 at 2:16 pm to
quote:

lilsnappa
quote:

If you have to ask how/where to market this, then may be that's not the case.


I wasn't able to offer services on a freelance basis in my previous position. The subject matter expertise I possessed and put into practice had to occur within the confines of my employment.

Most of my friends who are business owners and/or middle managers with direct reports have already mined me for free advice or consultation which at the time I didn't mind doing as I couldn't ply my wares with that knowledge from the time spent in my field as an asset. Now that I'm no longer bound by the requirements of my previous employer, I could easily consult without an issue.

As far as what folks would be willing to pay, I can easily document the differences in tax rates (which is just a start) that I could save employers by taking the time to speak with them about their business, review their policy and processes, take a skim through their handbooks and identify places where their bottom line was being scratched at due to human capital problems.

There's a ton of efficiency to be gained by taking a meticulous approach to policy and process in the workplace when it comes to businesses that employ anywhere from 2-200 people.

Self employed wouldn't have much to gain, but if there's more than one or two folks on your payroll (and especially if you offer vacation, sick time or other fringe benefits) my knowledge would prove especially valuable.
This post was edited on 9/23/15 at 2:18 pm
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