Not all businesses are created equal. So what separates consulting from the rest?
One of the best ways to judge a business model is on the following
how much work and time does it take to operate? how efficient is monetization of the business? how easily is it disrupted by competitors, economic recessions and other external factors?
These three pillars give you a strong gauge on not only how well a business model will perform… but how long it will perform.
Score any of the most popular models being pushed today – whether course creation, ecom, dropshipping or freelancing – and you’ll find they each fall short in at least one area.
But there’s ONE model unlike the rest. This little thing called “consulting.”
When you set up a consulting business correctly – it shines in all three criteria.
You only need to work as much as you want to work. The margins are high. And you can easily weather any storm.
After building his own consulting business, and helping countless clients do same, Taylor Welch is finally pulling back the curtain on how you can do it too.
Taylor’s main consultancy, Traffic & Funnels, services tens of thousands of customers and clients each year, many of whom are brand new to consulting. Including everyone from...
• Freelancers and agency owners looking to decrease the “done for you” or “one-on-one” work • Health & medical practitioners wanting to use their expertise in new ways • Retired athletes trying to create new revenue streams in fields they care about • Moms and dads who want to build part time income without sacrificing pace of life • Coaches who are tired of the 9-5 grind and want life & wealth on their terms • Existing consultants who want to learn what T&F clients are doing differently to scale so successfully
These are people from all over the world, incredibly diverse in age, talent, backgrounds and skillsets.
But that’s what’s so great about consulting – it can work for almost anyone. And in this book, Taylor hands you the roadmap.
The Consultant Next Door guides you through everything from picking your niche, crafting your offer and setting your price…
To getting in front of the right people, getting them on the phone, and then enrolling them as new clients…
And then how to scale things up on your own terms so you can spend plenty of time on what’s most important to you outside of your work. After all, there’s no point making so much money if it’s at the expense of enjoying your life, right?
The process is predictable, and it’s all laid out for you inside this book.
So are you ready to find out what’s possible as a highly-sought-after consultant?
This book about consulting revealed some very known truths about consulting but it's good to hear (read) it again from time to time.
It has valuable chapter on sales and marketing with some applicable templates. It's always good to be reminded to build assets out of your intellectual property.
It is also nice recommendation in chapter Turning “Right Now” Income Into “Long Term” Wealth that you should money earned in consulting invest in real estate and so build the wealth. This is applicable also for all other profitable occupations.
This is my assessment of the book The Consultant Next Door by Taylor Welch according to my 8 criteria: 1. Related to practice - 4 stars 2. It prevails important - 4 stars 3. I agree with the read - 4 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 - 3 stars 7. Learning opportunity - 4 stars 8. Dry and uninspired style of writing - Smooth style with humouristic and fun parts - 4 stars
I really enjoyed this book. It isn't a deep dive, but it makes you think on the fundamentals of a business. I found it really reminded me of the importance of starting a strong, grounded business right from the start.
I have a little more understanding of the ideas behind this book (since I am part of their program), but I still think it was so valuable to strip away a lot of information for the core focuses of a business. I highly recommend this book as a small guide to the simple principles behind starting a consulting style business.
Tony and Chris have written a great book with useful tools to guide you in the development of your mindset, personal development, and wealth building plans. The layering of barcoded links through out the book were to me like jewels I gained as I journeyed through this book. I highly recommend this book for those of you who may need a good coach, and guide along the way to you becoming a better version of yourself. BMJENKINS
The stories about making a consultant is inspiring to myself. Received the bonus online materials from the book, those are important mindsets work which you should not miss
Taylor and Chris have revealed powerful secrets and mindsets. These are secrets because you smack yourself in the head when they’re revealed. These simple truths seem too simple to follow. Read this book if you want answers to building and sustaining a consulting business. Then read it again to get the money principles for long term wealth.