9 Things To Know When Starting A Successful Consulting Business

Want to start your own consulting business? Here are 9 tips you should know.

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: 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.

article

Read the full interview ➜

#2: Michael Zipursky, founder of Consulting Success®:

We chatted with with Michael, founder of Consulting Success® ($200K/month). In our interview, Michael says:

The fastest way to grow your business is by investing in coaches or mentorship.

article

Read the full interview ➜

#3: Michael Zipursky, founder of Consulting Success®:

We chatted with with Michael, founder of Consulting Success® ($200K/month). In our interview, Michael says:

By sharing content, we built an audience. And that audience wanted more help.

Additionally:

We’ve made the mistake of investing tens of thousands of dollars in an idea before asking if the market wants it.

Further:

Partnership has also been a big part of our success. No matter what type of business you’re in, cultivating relationships is important.

article

Read the full interview ➜

#4: kalaboukis, founder of hellofuture:

We chatted with with kalaboukis, founder of hellofuture ($293K/month). In our interview, kalaboukis says:

Do the Disney thing of repackaging your content in as many different forms as you can - if you wrote a book, turn that into a lead magnet, and a series of videos, and an online course, and a video blog and a podcast, etc.

article

Read the full interview ➜

#5: Akhil Suresh Nair, founder of Xena Intelligence:

We chatted with with Akhil, founder of Xena Intelligence ($15K/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.

article

Read the full interview ➜

Want to start a consulting business?

See our full guide ➜