Starting a consultancy business from home may be the new hottest home business. The reason for this is the consultancy sheen hasn’t faded.
For example, someone in Chicago can earn $105k per year, with similar numbers found across other states. This is one of the highest graduate salaries you can find.
Here’s why you should consider a home-based consultancy business could be the best move you make this year.
The Salaries are High in the Consultancy Business
When compared to other industries, consultants are paid the highest. If we look at the average salaries for graduates, consultants are paid more than those in financial services.
The salaries are not going down. They’re only going up because businesses are outsourcing more than ever before. Employers are seeing the value in consultants.
The Work at Home Revolution
Did you know that 43% of Americans spend at least some of their time working remotely?
This plays into the hands of anyone who wants to start a consultancy business from home. Employers are more likely to bring in outsiders to help them.
Consultants can, therefore, continue to work from home and manage multiple clients at once, whereas ten years ago they would have to be available on site.
So Many Niches to Work In for the Ambitious Consultant
Ask someone to define a consultant and they might struggle to work out how to define it. But it really means being an expert in your chosen field.
Consultants are in every industry. You need to figure out where you fit in. What are you qualified in and what are you experienced with?
You could work as a blockchain consultant, social media marketing consultant, business consultant, and hundreds of another consultancy.
Solid Future Job Prospects
The key to succeeding as a consultant is to constantly evolve. If you can evolve you’re always going to have a place, and you’ll grow stronger with time as your reputation builds.
There’s always going to be a need for consultants to come in and help businesses. Employers are always going to enlist outside help.
Starting a home-based consultancy business now will provide you with a career that will take you long into the future.
How Do You Get Started?
The answer is to begin building your platform and to start building your reputation as an authority now. It will take many months and years for you to reach your peak, or even to have regular work.
Those who want to earn money immediately are in the wrong business. So are you the sort of person who wants to be in this for the long haul?
Last Word – An Industry that Never Dies
There’s a lot of fear regarding certain industries that may become obsolete in the coming years. Consultancy is never going to be one of those industries. You’re always going to have a position in your industry, as long as you’re willing to evolve.
Do you believe that running your home based consultancy business is the right move for you?
Author Bio: Adrian Rubin is a graphic designer and freelance consultant.