The Wealthy Consultant: Confessions of a 9-Figure Advisor

by Taylor A. Welch

There are two types of

Those you own.

And those that own YOU.

Most consultants, trainers, and educators today got into business because they wanted more freedom, more income, and to help more people. What they end up with are usually not "wonderful businesses" but high-maintenance monsters that give them less freedom than they had before they became entrepreneurs.

If you want to know how to create life-changing, world-class income for yourself - without creating the traditional 9-5 "ball & chain" business most entrepreneurs end up with, this book will teach you the strategies & formulas Taylor has deployed across thousands of client businesses. In this book you will learn the secrets to scaling safely, multiplying your income without sacrificing your profits, and hiring great talent to help your business grow without killing YOU in the process.

There's never been a handbook quite like this one. Whether you're just starting out or looking to break the 8 (or even 9) figure barriers - there's something profound and timeless you will learn in this book. It's filled with stories, models, frameworks & recipes that the modern day consulting or training business must learn to be sustain-able, durable, and enjoyable.

Genres: Business

136 pages, Kindle Edition

Published July 20, 2023

Reviews

[Gideon · Rating 2 out of 5]

A lot of business basics reexplained. Ok

[Ryan Rodriquez · Rating 4 out of 5]

This is a GREAT primer for people looking to get into the coaching/consulting business! If you can make yourself an expert in a certain set of skills, frame of reference, or framework for performance, then you have value that you can scale!

Taylor lays the groundwork for how you can leverage your expertise in this short read. He packs a lot of value in it and as a result is literally practicing what he preaches.

Read this book and be inspired to start sharing your knowledge (& getting PAID for it)!

[Michael MacRae · Rating 5 out of 5]

I haven’t taken this many notes in such a short book ever. Yes, this is mostly very basic advise, but it feels like a great summary and reminder of what the business needs to be focusing on.

[Daniel · Rating 5 out of 5]

Unbelievable value

I like that the book is concise and doesn't try to waste your time with bollocks. The concepts aren't incredibly complex, but you don't know what you don't know - so the simplicity isn't indicative of lack of value. Anyone who is interested in building a serious business around consulting should grab this book

[Antonio · Rating 5 out of 5]

This relatively short book has so much value in it that I am rethinking my whole business model.

This is my assessment of the book The Wealthy Consultant by Taylor Welch according to my 8 criteria:
1. Related to practice - 4 stars
2. It prevails important - 5 stars
3. I agree with the read - 5 stars
4. not difficult to read (as for non-English native) - 4 stars
5. Too long (more than 500 pages) - short and concise (150-200 pages) - 5 stars (very quick read of 170 pages)
6. Boring - every sentence is interesting - 5 stars
7. Learning opportunity - 5 stars
8. Dry and uninspired style of writing - Smooth style with humouristic and fun parts - 4 stars



Total 4,625 stars

[Paige Gordon · Rating 3 out of 5]

Although I’m not currently at a point where I can implement a lot of what Taylor covers in here, I still enjoyed this book and really appreciate the mindset he approaches business with. I’m glad I bought this one as I am quite sure I’ll be returning to it again, hopefully multiple times, as the years go on.
If you are an entrepreneur (especially if you’re a coach/consultant/anything like that) this is one I definitely recommend!

Favorite Quote: “The definition of unhealthy scale for me is when the growth of the business violates the certainty of the future of the business.”

[Anthony Adedokun · Rating 4 out of 5]

It was good. It gave me a lot of ideas to think about when building a business. It wasn't completely relatable though. I would say the audience for the book is more for people already making good money and wanting to do more. Not for someone just starting out completely. Still, you can get good ideas to plan for in the future.

[Sławomir · Rating 3 out of 5]

It wasn't bad, but it reads more like an introduction to the author's services. Some insights were really good, but others were just an overview of what you get if you hire him. You might also get the feeling that the author is not a regular writer, and the book lacks some finesse in writing and composition.

[Héctor Iván Patricio Moreno · Rating 3 out of 5]

Este pequeño librito, en pequeña parte promocional sobre los principios del autor, te da los pasos para crecer una consultoría basado en la experiencia.
Me gustó porque pone un plan bien establecido de las cosas que tienes que hacer y cuidar para que tu empresa no caiga en la desgracia, pero siento que falta ser más táctico para que sea completamente útil.
Lo sentí más como un libro de las cosas a las que tienes que aspirar, con un poquito de detalles sobre cómo hacerlo o cómo cuidarte de no arruinar tu reputación.
Lo recomiendo como lectura rápida a los emprendedores que tienen negocios de consultoría o de educación, pero sin duda hace falta completarlo.

[Alex Morgan · Rating 5 out of 5]

Concise and insightful

The author gets to the meaning and gives you enough information. While reading it changes your thinking and how you think about your business. As you read you can either grow or business or know how to get help to grow it. Recommend for any coach, consultant, entrepreneur who wants to boost their business. I'm stoked I read thos whole book because I'm thinking about business and monetization in a different way now.

[Danilo · Rating 5 out of 5]

Me gustó la forma en la que explica como se puede escalar un negocio de consultoría. Muchas veces nos centramos en una consultoría 1 a 1 sin tener en cuenta que no podremos tener muchas de esas porque el tiempo y la energía es limitada, para eso es importante explorar algunas otras vías de generación de ingresos.

[Lauren Wise · Rating 5 out of 5]

A gem for future consultants.

I’ve been following Taylor for a long time, and without a doubt his trainings have supported me in all things business and general mindset. This book is laid out in a very simple format that will give you clarity on his consulting model. So very worth the read.

[Eric · Rating 5 out of 5]

excellent blueprint for entrepreneurial success

Taylor does a great job for breaking down a blueprint for success in business. The models used can transcend various industries in one applied correctly, can build a business that generates profits fulfilling the need for greater overall impact.

[Terrence Snapp · Rating 5 out of 5]

Useful but digestable

A good business mindset book. Not stuffy and not technical but has practical advice that will work well as a general rule (and points you to more specifics). I'm typically not a business book guy, but there are many things here that go beyond business. Easily worth the money paid.

[Ola · Rating 5 out of 5]

The Holy Grail Bible for Consulting

This book is so potent! No fluff but read hardcore truth shared in a digestible form. I am already revamping and rebuilding my business foundation from the lessons I took away.

[Umran Nayani · Rating 5 out of 5]

Nuts & bolte advice. Loved it!

I just finished reading & loved it. This is the type of book to keep coming back to every once in a while. Practical nuts and bolts advice from a practitioner.

Thank you.

I look forward to working with the Author someday.

Cheers,
Umran

[Jonathan ulloa · Rating 5 out of 5]

how to scale without the stress!

This book is a real eye-opener for scaling your business with ease. It simplifies various business models into clear, understandable sections. I had so many 'aha' moments while reading. Truly grateful for the insights it provides!

[Hiram · Rating 5 out of 5]

Insightful and thought out

I really enjoyed reading this book and it made me realize the gap between where I am and where I've envisaged taking my business and I'd recommend it to anyone considering going into business

[Pana-ek Warawit · Rating 4 out of 5]

Good book for consulting business, worth a read

This book contains several thought-provoking ideas and models that sound interesting if you are in the business of consulting or training. Worth a read.

[Rachel Felder · Rating 5 out of 5]

Easy read

Great read! Great perspective on how influencer can put numbers to their balance sheet. What level they reach each type of customer. Loved the business structures provided.

[Dauglas Kuya · Rating 5 out of 5]

Excellent Read

The book is worth reading. The information is clear and presents what is needed to run a healthy business. It's actual and straight to the point.

[Milos Mirosavljevic · Rating 3 out of 5]

It can be read in 2-3 hours. Useful for broadening your perspectives on how to grow and scale your consulting business.

[Viktorija Cekanauskienė · Rating 3 out of 5]

Labai jau pagailėta info, tik 120 psl, ir labai jau prisigirta.

[Onyka Barrett · Rating 5 out of 5]

Excellent Read

I loved this book. It was a simple and practical read with actionable insights. Really easy to follow and helped me understand some useful concepts. Would recommend.

[Angie · Rating 2 out of 5]

nah

[Dilsa Bailey · Rating 5 out of 5]

Inspiring with tools to achieve

Needed this to help visualize how to build a successful consulting and training business. Found the advice inspiring and doable.

[Chris · Rating 1 out of 5]

The worst book ever

[Shirley · Rating 4 out of 5]

Super clear, concise and structured!

I loved the frameworks Taylor shared. It helps me codify what’s needed to build a businesses at different life stages of a business.

[Beth Williams · Rating 3 out of 5]

Decent advice. Marketing from someone with business experience is a nice change!

[Chico Hindarto · Rating 4 out of 5]

A good book for an individual who plans to begin a consulting business.