18 Ways to Receive Maximum Value From Consulting and Mentoring Sessions

There are so many different situations where you may have a chance to receive valuable information from top consultants and mentors all over the world. This may be your usual consultant that you hired on retainer, a speaker that you met at a conference or a mentor you applied to over the internet. In all cases, what I've gathered over time is that lots of people are not prepared to receive the right piece of advice all the time, not ready to execute on it, or generally not maximizing the value they get from certain sessions.  This is why after… Continue Reading

How to Grow Your Business With Thought Leadership Content

The richest people in the world run companies: Jeff Bezos, Bill Gates, Warren Buffett, Mark Zuckerberg—you don’t need a hint to associate their names with their corresponding companies. These are just some of the most successful business leaders of the biggest companies in the world. Microsoft and Amazon both employ over 100,000 people. The impact, the manpower, and the production capabilities of the equivalent of a small town cannot be compared to the opportunities a single person can bring to the table. Do you know what else these CEOs have in common? They are also among the most popular thought… Continue Reading

How Much Does a Business Consultant Cost: Consulting Fees and Pricing Structure

Consulting fees and pricing can be structured in several ways. But like in most businesses offering services, the number one challenge is pricing their offers.  Pricing products is easier than pricing services because, with products, you can easily trace the production costs. However, with services, determining the value of what constitutes your services — time, staff, expertise  — is highly subjective.  This is why different consultants employ different techniques to ensure they price their services appropriately. In the process, consultants consider every factor necessary to ensure they do not overcharge or undercharge. Otherwise, the risk of losing clients over pricing… Continue Reading

11 Questions to Ask a Business Consultant

There are several reasons why large corporations, small businesses, or even a solopreneur would hire a business consultant.  Hiring a business consultant can be very expensive, but highly rewarding. Consultants provide invaluable services that include the following:  Providing expert advisory, mentoring and assistance in a specific marketAssessing risks and identifying problemsProviding leadership or support to existing staffPlanning on new initiativesProviding objectivity in decision-makingTraining employeesRefining the organizational modelDeveloping a feasible business planNetworking with potential clients and influencers It’s easy to find a business consultant. There are more than 600,000 management consultants in the United States alone. Here are some of the… Continue Reading

Top 10 Business Advisor Skills Your Company Can Benefit From

Gaining experience is not a solo adventure, and learning from the best is a shortcut that many people underuse. For business owners and executives who are wise enough to seek help, work with and learn from a reliable business consultant. Those who are much wiser take hints from how consultants work and what business advisor skills make them highly valuable to a company so they can benefit from adopting such skills. Often, your consultant does not need to have a similar background to you in order to be valuable or worthy of emulation. Tech businesses can benefit from non-tech consultants… Continue Reading