The Must Knows Before Starting a Consulting Side Hustle!
You’ve got the skills, and you’ve got the passion for becoming a consultant, but do you have the time?
Sure, you could quit your job and start your consulting business right away, but that would be risky. What if your clients leave you all at once and you have no new leads to work with?
There’s a lot said about the importance of hustling, but if you care about your mental and emotional wellbeing, you need to be smart about the decisions you make. Before you go storming out of your 9-to-5, let’s take a look at how you can start your consulting business side hustle, so you can manage risk intelligently and keep your mental health intact.
Know Your Limits
I know you can’t wait to launch your consulting business and kiss your cubicle goodbye. It is probably especially true if you work in the corporate world and hate the endless bureaucracy—the fast and lean structure of a startup must look very enticing.
Entrepreneurs are famous for feeling “unemployed”—too ambitious, creative, or restless for a regular job and craving the startup’s liberty.
Make the Time to Have the Time
Now that you are fully aware of how limited your time is, it’s time to take some time. That means maximizing the hours you have as best you can.
“Squeezing your time” doesn’t mean closing yourself off to the world. Instead, it means putting a stop to unnecessary distractions.
Reverse Engineer Your Success
Given your limited time, you want to make sure everything you do to build and grow your consulting side hustle matters. To define whether something issues or not, you first need to know where your business is going and where you want to take it in the first place.
A simple method you can use to uncover such tasks is to define your ultimate goal—for example, to have three paying customers—and reverse engineer from there.
Get a Mentor or Coach
You need help from someone who’s been there and done what you want to do. To that extent, find a mentor or coach who can significantly help you speed up your progress.
Build Systems to Scale, Automate, and Outsource
Given the time constraints explained in the first section, a consultant who’s starting a business on the side needs to develop systems to either delegate or outsource the company’s operational side to free up time to work on their job's strategic aspect.
Consultants who can build real businesses around their skills and knowledge likely can’t work alone. They often have teams—however small—that help them maximize the value they have to give.
Get Started with Your Consulting Business Side Hustle
There are a complex, hidden truth every consulting business founder shares—they all started small.
Every business starts with one client, one idea, one process that solves a problem. There’s no need to overcomplicate this process; you only need to be aware of your limits and the elements you need to have in place to start your consulting business.