6 Things To Know When Starting A Successful Consulting Business

Want to start your own consulting business? Here are 6 tips you should know.
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We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a consulting business:

#1: Nikhil Punwaney, founder of DeepBench Inc.:

We chatted with with Nikhil, founder of DeepBench Inc. ($100K/month). In our interview, Nikhil says:

Make your product excel at what it is meant to do and then people will start to consider you an expert. You don’t have to be the best at everything, just be the best at what you choose to do.

Additionally:

Don’t embark on the journey alone. I’ve always found the ups so much more enjoyable by being able to share them with others, and the downs so much more bearable by having others to shoulder them with.

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Read the full interview ➜

#2: Akhil Suresh Nair, founder of Xena Intelligence by Parzenn Partners:

We chatted with with Akhil, founder of Xena Intelligence by Parzenn Partners ($20K/month). In our interview, Akhil says:

We were at a crossroads at that time – filled with constant self-doubt about the career path we wanted to take. We could have easily applied for corporate jobs in the US or in India, but we chose to follow our hearts by continuing to work in our consulting business.

Additionally:

One of the things that make me sad is when I see wonderful young entrepreneurs with brilliant ideas who don’t take steps to make that dream a reality out of fear of failure.

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Read the full interview ➜

#3: Liz Illg, founder of Liz Illg:

We chatted with with Liz, founder of Liz Illg ($0/month). In our interview, Liz says:

Industries change. Times are constantly changing. Relationships, if built regularly, can last forever!

Additionally:

Delegating is everything. As a business owner, you can’t do it all on your own. When you rely on your business genius and abilities, you can only go so far.

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Read the full interview ➜

Want to start a consulting business?