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What You Need to Know to Become
a Successful Independent Consultant
Catherine Morgan
Business Consultant | Career Transition Expert
Point A to Point B Transitions Inc.
Emily Stringer
Consultant Services Advisor
MBO Partners
Moderator
About MBO
Webinar Controls
Live Tweeting
Hashtag: #MBOWeb
@MBOPartners
The webinar is interactive, too – don’t forget to answer our Polls during the
webinar and remember to ask questions both during and after the presentation!
About Catherine Morgan
Know yourself
• Do you have the personality traits of a
successful independent consultant?
Getting past fear
• Fear is what holds us back
• We are afraid of:
– The unknown
– Looking foolish
– Failing
Failing to plan
• Carol Roth says, “If you fail to plan, you plan to
fail.” And this is true but…
– You will fail. A lot.
– Embrace “lean startup”
thinking (fail fast and adapt)
Planning is great but…
• However well you research and plan, things
will turn out differently
– And you need to be OK with this
– If there was an easy way, we’d all be doing it 
Stepping into your power
• Your skills are your skills
– The big brand trap
• Adopting the business owner mindset
Know yourself and how you work
• How do you work best?
– It may vary by project
Surviving the emotional rollercoaster
• Know that there will be emotional ups
and downs
• Do something every day to
move your business forward
• Concentrate on the things
you can control
How to be seen as a thought leader
• Prospects need to understand your expertise
• Everyone is a publisher
– Blogging
– LinkedIn Pulse
– Case studies
– Whitepapers
– SlideShare.net
– Speaking
Get over the scarcity mindset
• It’s a really big pie
• Ideas are worth nothing
– It’s all about the execution
“Relationships are the currency
of the New Economy.”
~ Bonnie Karpay
Connect with others
• Connect with those providing complementary
services / products
• Connect with those providing similar ones
Make it a point to collaborate
• It will keep you energized and positive
• You will:
– Learn a ton
– Make friends and
get support
– Stay excited about
your business
– Grow your business
Get support
• To see blind spots in strategy or execution
• To leverage the wisdom of the group
• To have accountability
My best advice
• Start small (proof of concept)
– Build on what worked, scrap what didn’t
My best advice
• Start small (proof of concept)
– Build on what worked, scrap what didn’t
• Step away from the laptop
– Talk to real prospects, not just friends and family
My best advice
• Start small (proof of concept)
– Build on what worked, scrap what didn’t
• Step away from the laptop
– Talk to real prospects, not just friends and family
• Create thought leadership
– Everyone is a publisher now
My best advice
• Start small (proof of concept)
– Build on what worked, scrap what didn’t
• Step away from the laptop
– Talk to real prospects, not just friends and family
• Create thought leadership
– Everyone is a publisher now
• Connect with other consultants
– Interact regularly with other entrepreneurs
Questions?
Catherine Morgan
Business Consultant | Career Transition Expert
Point A to Point B Transitions Inc.
877.672.5333
Catherine@PointAtoPointBTransitions.com
https://www.linkedin.com/in/pointatopointb
Twitter @PointA_PointB
Thank You for Participating!
25

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Launch Your Independent Business What You Need to Know to Become a Successful Independent Consultant

  • 1. What You Need to Know to Become a Successful Independent Consultant Catherine Morgan Business Consultant | Career Transition Expert Point A to Point B Transitions Inc.
  • 2. Emily Stringer Consultant Services Advisor MBO Partners Moderator
  • 5. Live Tweeting Hashtag: #MBOWeb @MBOPartners The webinar is interactive, too – don’t forget to answer our Polls during the webinar and remember to ask questions both during and after the presentation!
  • 7. Know yourself • Do you have the personality traits of a successful independent consultant?
  • 8. Getting past fear • Fear is what holds us back • We are afraid of: – The unknown – Looking foolish – Failing
  • 9. Failing to plan • Carol Roth says, “If you fail to plan, you plan to fail.” And this is true but… – You will fail. A lot. – Embrace “lean startup” thinking (fail fast and adapt)
  • 10. Planning is great but… • However well you research and plan, things will turn out differently – And you need to be OK with this – If there was an easy way, we’d all be doing it 
  • 11. Stepping into your power • Your skills are your skills – The big brand trap • Adopting the business owner mindset
  • 12. Know yourself and how you work • How do you work best? – It may vary by project
  • 13. Surviving the emotional rollercoaster • Know that there will be emotional ups and downs • Do something every day to move your business forward • Concentrate on the things you can control
  • 14. How to be seen as a thought leader • Prospects need to understand your expertise • Everyone is a publisher – Blogging – LinkedIn Pulse – Case studies – Whitepapers – SlideShare.net – Speaking
  • 15. Get over the scarcity mindset • It’s a really big pie • Ideas are worth nothing – It’s all about the execution
  • 16. “Relationships are the currency of the New Economy.” ~ Bonnie Karpay
  • 17. Connect with others • Connect with those providing complementary services / products • Connect with those providing similar ones
  • 18. Make it a point to collaborate • It will keep you energized and positive • You will: – Learn a ton – Make friends and get support – Stay excited about your business – Grow your business
  • 19. Get support • To see blind spots in strategy or execution • To leverage the wisdom of the group • To have accountability
  • 20. My best advice • Start small (proof of concept) – Build on what worked, scrap what didn’t
  • 21. My best advice • Start small (proof of concept) – Build on what worked, scrap what didn’t • Step away from the laptop – Talk to real prospects, not just friends and family
  • 22. My best advice • Start small (proof of concept) – Build on what worked, scrap what didn’t • Step away from the laptop – Talk to real prospects, not just friends and family • Create thought leadership – Everyone is a publisher now
  • 23. My best advice • Start small (proof of concept) – Build on what worked, scrap what didn’t • Step away from the laptop – Talk to real prospects, not just friends and family • Create thought leadership – Everyone is a publisher now • Connect with other consultants – Interact regularly with other entrepreneurs
  • 24. Questions? Catherine Morgan Business Consultant | Career Transition Expert Point A to Point B Transitions Inc. 877.672.5333 Catherine@PointAtoPointBTransitions.com https://www.linkedin.com/in/pointatopointb Twitter @PointA_PointB
  • 25. Thank You for Participating! 25

Notas do Editor

  1. Where are you with your business? Idea stage Launching Less than 1 year More than 1 year
  2. Poll #2 next: What qualities make a successful consultant A) Confidence B) Communication skills C) Flexibility D) Determination E) All of the above
  3. Poll #3 Next: True or False: Collaborating with similar and complementary service providers is a great success strategy. A) True B) False