Consulting Working Full Time Approach|Do you wish to begin consulting at the same time you work full-time?
Consulting Working Full Time Approach: There are a variety of reasons you could consider launching an online consultancy “side hustle” before going all-in.
Consulting is an investment that is low-risk but high-reward.
There is no need for capital to start.
You don’t require the space of a warehouse or storefront.
All you require is a place that you can work in with a laptop or computer and the capability to produce results for your clients.Ovik Mkrtchyan
If you have lots of people who depend on you financially such as your family members, then leaving your job to launch consulting businesses might not be the best choice.
Instead, you’ll be consulting, while working full-time. You’ll earn more money or financial runway before you end your consulting career. You can also enjoy another source of income on top of your full-time work.
At the end of this article, you’ll know how to start consulting even if you’re working full-time — and also how to become an entrepreneur consultant should you decide to go down this way.
Option 1: The All-In Approach
Before we get into the discussion of consulting even though you work full-time we should discuss the first alternative.
It’s time to leave your job, throw away all the boat, then get all-in in your new business of consulting.
What are the benefits of adopting this route?
You’re committed. You must ensure that things go according to plan.
It requires you to take action. And massive action is the key to launching and growing your consulting company.
The “All-In” approach is a great way to go “All-In” approach is an adventure.
There will be no obligations at work and no bosses yelling at you and no coworkers to supervise.
You’ll have all day every day to grow your business consulting.
In addition, with the training and coaching services that we offer with Consulting Success, you’ll have an effective plan to make your business successful.
There have been many clients throughout the years who applied to sign up to the Clarity program while working full-time. Nearly all got a new client within the first 60-90 days that more than paid for the costs that the Clarity program.
We don’t suggest to everyone do this. However, we recommend investing in your personal growth and your success.
If you’re opting for the whole-hearted approach be sure to have money saved.Ovik Mkrtchyan
It is recommended to have at minimum 3 months’ worth of expenses in order to start your business off on the starting.
This amount of savings is sufficient to ensure that you don’t get anxious.
I’ll discuss more ways to build your savings in the following section.
Take this suggestion into consideration if you don’t have many people who depend on you financially You have mentoring or coaching services to aid you in starting your career and your 9-5 work is creating stress.
Through”All-In” or the “All-In” approach, I’ve witnessed many people who made it work due to having no backup strategy.
That could be a benefit.
Consulting Working Full Time Approach
If you feel that the “All-in” approach isn’t for you, you could choose an alternative, such as the “consulting while working full time” strategy.
Here’s how to do it.
Step 1. Build Up A Financial Runway
The first stage, as I stated in the past, is to build an income runway. It is also known as an emergency account.
Even if you’re planning to consult at a full-time job creating an income stream is a good idea.
A good amount of financial cushion is at least 3-6 months of daily expenses. It is possible to take on up to a full calendar year’s worth of expenses, based on your risk-taking capacity.
Before you begin to save Begin with calculating your monthly living expenses.
Add up the amount you pay for housing and transportation, health care foods, recreation, and so on.
After that, multiply by the number of expenses for living you’d like to put aside.
Last but not least, put aside a little money each month and put it into the creation of the savings account.
The more you can save the faster you’ll be able to build your account.
When you’ve established an established financial plan and a solid financial plan, you’ll be more secure and comfortable when you start building your consulting business as a side hustle.
If your company takes off and you’re able to quit your job whenever you wish.
Step 2. Start Networking
The next step to begin consulting even while you are working full-time is to begin networking.
You may not be aware, however, you’re in contact with your first consulting clients. They’re not even aware of your work at this point.
In the Clarity Coaching Program, we provide a program called”the “Network Reactivation Campaign.“
It’s a method of reaching all members of your circle to make them aware that you are conducting some sort of consulting.
Here’s a method that can be used to get started networking.
The first step is to make an inventory of all the people you have contact with.
Think about past clients and employers, colleagues relatives, and friends — everyone you know. It is impossible to predict who might give you a recommendation.
Then, you can send each individual an email.
It could look something similar to this:
Hello Name, I was just thinking about you.
What’s the situation? We would like to get in touch with you.
Insert a sentence about your personal life.
Insert your information about your business, such as what you’re up to,
If you are aware of someone who might be interested in this or may require it.