Coaching v Consulting - a coach is one that asks the pertinent questions at the right time in the right order to facilitate the clients journey towards their goals. To be a great coach you listen carefully and applying a critical analysis approach you prompt the client to ask themselves the right question and reach for themselves for the answers. As a consultant you use your knowledge, skills, and experience to provide your client with the solutions that they need for their business to solve a particular problem or realise improved performance. With the coaching role it is primarily questioning skills that are required and can be learnt (hence a person of any adult age can coach). Whereas a person who wants to be a consultant MUST be able to provide the solution for the business client, that's why many consultants are paid more than coaches IMHO :)
Nice explanation. I would tend to agree. When people hire me to fix a problem, they are paying for my 50 years in the industry, knowledge gained from fixing the exact same problem hundreds of times, and access to my team of specialists. They are paying for a result.......faster than they could do themselves.
Thanks for that, Rob! Very interesting as was the first one I watched where you gave out advice regarding cash management. Lovin it and I will now watch your vid on Marketing. However, before I go on I'd just like to say a word about marketing. I'm interested in working with start-ups and nurturing them to scale up and transitioning past the three chasms they may well face. Given that I have solutions learnt from my own experience and self directed research I feel I need to learn more on how to engage with people who need my service. Now you mention product range and I think that maybe a way to engage with them initially by offering a 'free' initial business analysis that will show them where they are at the present time and then prompt them as to clarifying where they wish to go as a goal or set of goals. Simply thinking and writing as a stream of consciousness. It's important for me to clarify this for myself as I don't want to waste my ad spend.
A free trial.........for start ups? You'll go broke fast 🙂 We have a policy of not working with start ups, as they generally are unsure of what support they need and can be very anxious about consulting fees. I don't want to sound too mercenary, but if you want to make a living at this, go where the money is. Established businesses, who know what they need from you, and are willing to pay for it.
"I've always been passionate about helping others, and after volunteering at a food bank and joining a job club to look for work, I discovered that I'm really good at supporting people with their job searches. It was during this time that I was advised to pursue a career as a life coach, dyslexia specialist, and to work in sales. As someone who has dyslexia myself, I feel that I can relate to others in a meaningful way and make a real difference. I also want to incorporate technology to support the dyslexic community, as I believe it can be a huge advantage for them. I’m excited about the possibility of opening my own consulting company and helping others with similar challenges."
Defining success, for yourself, is an important step! Hard work and constant learning is important, but what will success look like, and how will you know it when you get there?
00:01 Focus on your expertise and passion. 01:33 Qualifications and experience are key for starting a consulting business 03:06 Importance of credibility in consulting business 04:46 Your product must be easily understandable and offer clear value. 06:28 Ensure your products solve the market's problem and have real value. 08:11 Offer a range of consulting services at different price points for different types of companies. 09:52 Passion, skills, and product development are key. 11:38 Marketing for a consulting business should focus on providing valuable information and positioning yourself as the go-to expert. Crafted by Merlin AI.
Please inorder to start a consulting Business, must I necessarily have a degree backing me up, what if I am skilful and passionate and want to share with the world? What if I have in build skills to coach without a degree who can i go about it
Kind of depends on your area of expertise and he market you service. Some will expect formal qualifications, or at least a good track record of success.
Thanks a lot for the great advice. This is really important for us new startup consultants. I have two questions though. How to price my services in a competitive space particularly when I am just starting. Is it advisable to approach my former employer to offer consulting services to them when I left on a good record?
1. If you are confident in your ability, and know you can offer real value to your client, do not under price your services. 2. A former employer might be a good place to start.
Hi, I have 30 years experience in business and worked as a GM for almost the last 10 years. I recently got an executive MBA online degree from an American business school. Due to economic status and my age is 53 yrs, I have difficulties to find a job, so do you think I can start my consulting business? , given that I live in Egypt and I can serve GCC booming markets. Besides my education degrees, I have good soft skills and communication skills.
@@ConsultingBusinessSchool But the question is how I start to let clients hire me and how I position my self as a business consultant in the consulting market with my experience and knowledge ?
@@ConsultingBusinessSchool Thanks a lot. I have one concern regarding existing clients. Previous employers mighty see ex-employees as only employees and sometimes they need fresh air in the room to bring new insights and thoughts to their companies. In some other cases, relationship with previous employers are not very well.
WHEN THE STUDENT IS READY, THE TEACHER WILL APPEAR......Am the student and the Teacher is Here. thanks for the educative video.
Glad it was helpful.
I’ll try to publish a few more videos. Sadly my businesses keep me vey busy.
the best 2 hours spend (during loadshadding)..... neck on neck with the Scoop episode 🤞🤞🤞🤞🤞🤞
Not sure I quite understand that. But it sounds positive. Than You 🙂
This is pure gold. I have to listen a second time to take notes.
Glad it was helpful.
You the master loud and clear informative short and straight forward ... 👉✅
Thanks for the feedback
I’m starting my consulting business from the scratch. This was extremely helpful. Thank you!
Glad it was helpful!
Coaching v Consulting - a coach is one that asks the pertinent questions at the right time in the right order to facilitate the clients journey towards their goals. To be a great coach you listen carefully and applying a critical analysis approach you prompt the client to ask themselves the right question and reach for themselves for the answers.
As a consultant you use your knowledge, skills, and experience to provide your client with the solutions that they need for their business to solve a particular problem or realise improved performance.
With the coaching role it is primarily questioning skills that are required and can be learnt (hence a person of any adult age can coach). Whereas a person who wants to be a consultant MUST be able to provide the solution for the business client, that's why many consultants are paid more than coaches IMHO :)
Nice explanation. I would tend to agree. When people hire me to fix a problem, they are paying for my 50 years in the industry, knowledge gained from fixing the exact same problem hundreds of times, and access to my team of specialists. They are paying for a result.......faster than they could do themselves.
Just started my own consulting service at 18 years old. Thanks for the advice to help me keep going. Great video man 🙏🏼🙏🏼
Awesome! Well done.
did you start a life consulting business by any chance?
@@m1ke79 creative direction/consultancy bro. Helping small artists in America with their creativity and career management
I'm sorry, call me cynical, but I have never really understood 'life' consulting. I provide busines consulting with tangible results. (guaranteed)
I started yesterday bro im 18 too 🔥🔥🔥
Really love how simple and straightforward your content is thank you for your efforts ❤
I'm a 'simple' person!
Excellent video. I've learned more here than others similar videos. Thank you.
Glad it was helpful!
Great information and insight. Thanks for sharing your expertise!
Glad it was helpful!
That was great value. Thank you for posting.
Glad it was helpful!
Great video, thanks for your insights
Glad it was helpful!
Thanks for that, Rob! Very interesting as was the first one I watched where you gave out advice regarding cash management. Lovin it and I will now watch your vid on Marketing. However, before I go on I'd just like to say a word about marketing. I'm interested in working with start-ups and nurturing them to scale up and transitioning past the three chasms they may well face. Given that I have solutions learnt from my own experience and self directed research I feel I need to learn more on how to engage with people who need my service. Now you mention product range and I think that maybe a way to engage with them initially by offering a 'free' initial business analysis that will show them where they are at the present time and then prompt them as to clarifying where they wish to go as a goal or set of goals.
Simply thinking and writing as a stream of consciousness. It's important for me to clarify this for myself as I don't want to waste my ad spend.
A free trial.........for start ups? You'll go broke fast 🙂 We have a policy of not working with start ups, as they generally are unsure of what support they need and can be very anxious about consulting fees. I don't want to sound too mercenary, but if you want to make a living at this, go where the money is. Established businesses, who know what they need from you, and are willing to pay for it.
"I've always been passionate about helping others, and after volunteering at a food bank and joining a job club to look for work, I discovered that I'm really good at supporting people with their job searches. It was during this time that I was advised to pursue a career as a life coach, dyslexia specialist, and to work in sales. As someone who has dyslexia myself, I feel that I can relate to others in a meaningful way and make a real difference. I also want to incorporate technology to support the dyslexic community, as I believe it can be a huge advantage for them. I’m excited about the possibility of opening my own consulting company and helping others with similar challenges."
Sounds good.
Where you were ...🎉🎉❤ Great wisdom. I would love to watch your content
You are watching it....... ?
I love the logic Thanks
Glad it was helpful
Excellent video!
Glad you liked it!
Brilliant :) Thx so much!
Glad it helped!
Great insight. Thank you 🙏🏼
Glad to help.
Brilliant!
Glad it was useful
Ìam teacher and interested to learn more from Papua New Guinea ❤
Welcome!!
Nice Information thanks for your effort...
Glad it was helpful.
Thanks sir❤
Most welcome
Love this!!
glad it helped.
very helpfull
Glad to hear that
I believe you will be helpful to me and my business
Glad to hear it
Thanks
The last intersection of all circles also needs to be elucidated.
Thanks in advance
What do you think might go in there? How about "Success"
DUDE you totally itched your nose 3 seconds after i did lmao
Thank you. This is very insightful. I wanna know where relationship building is placed on the diagram.
Relationship building is the foundation of good consulting.
Success is only defined when your are doing your best to grow and learn new things... By the way thanks for the uploads. a fellow creator\
Defining success, for yourself, is an important step! Hard work and constant learning is important, but what will success look like, and how will you know it when you get there?
This is great. Thank you
You're welcome! Happy to help!
00:01 Focus on your expertise and passion.
01:33 Qualifications and experience are key for starting a consulting business
03:06 Importance of credibility in consulting business
04:46 Your product must be easily understandable and offer clear value.
06:28 Ensure your products solve the market's problem and have real value.
08:11 Offer a range of consulting services at different price points for different types of companies.
09:52 Passion, skills, and product development are key.
11:38 Marketing for a consulting business should focus on providing valuable information and positioning yourself as the go-to expert.
Crafted by Merlin AI.
What is the software that you use to provide analyses for clients?
We use a broad range of tools. from spreadsheets and databases, to tools like Power BI and then specialised modelling tools that might cost $100,000.
Please inorder to start a consulting Business, must I necessarily have a degree backing me up, what if I am skilful and passionate and want to share with the world? What if I have in build skills to coach without a degree who can i go about it
Kind of depends on your area of expertise and he market you service. Some will expect formal qualifications, or at least a good track record of success.
Isn’t this dude on the golf channel ?! 😂
I'm a crap Golfer!
@@ConsultingBusinessSchool 😆
Thanks a lot for the great advice. This is really important for us new startup consultants. I have two questions though. How to price my services in a competitive space particularly when I am just starting. Is it advisable to approach my former employer to offer consulting services to them when I left on a good record?
1. If you are confident in your ability, and know you can offer real value to your client, do not under price your services. 2. A former employer might be a good place to start.
Hi, I have 30 years experience in business and worked as a GM for almost the last 10 years. I recently got an executive MBA online degree from an American business school. Due to economic status and my age is 53 yrs, I have difficulties to find a job, so do you think I can start my consulting business? , given that I live in Egypt and I can serve GCC booming markets. Besides my education degrees, I have good soft skills and communication skills.
Sure. Go ahead!
@@ConsultingBusinessSchool But the question is how I start to let clients hire me and how I position my self as a business consultant in the consulting market with my experience and knowledge ?
This video might help:
ruclips.net/video/qdLB9NlpeXg/видео.html
@@ConsultingBusinessSchool Thanks a lot. I have one concern regarding existing clients. Previous employers mighty see ex-employees as only employees and sometimes they need fresh air in the room to bring new insights and thoughts to their companies. In some other cases, relationship with previous employers are not very well.
Very true. In that case it would not work. In others, where the employee is seen as a valuable expert........it can.
I will be waiting for your communication
Great video. Tongue clicking was unacceptable. 🙏
@@bradvincent2586 sorry my 'condition' is unacceptable to you...
Very informative info. Just a little annoyed of him popping his lips as he talks. Sorry! Great info though!
I will try not to!! ☹
I actually didn't mind it
B
Is that a Grade ? 😉
m.ruclips.net/video/-c4CNB80SRc/видео.html&pp=ygUVc3RldmUgam9icyBjb25zdWx0aW5n
Always a challenge for consultants. Often the client doesn't want to pay for implementation support.