Doug Haynes On Five Things To Consider On Consulting Business

Dough HaynesConsulting business is a high-risk, high-reward endeavor that takes time and dedication. Building a reputation and generating the contacts you need for new business takes time. It also takes time to find the right company that fits your needs and that you can trust. Doug Haynes of Council Advisors advises small and medium-sized businesses, government agencies, and non-profit organizations on how to grow and manage their consulting practices.

He is a personal consultant and business coach dedicated to his client’s success. He has years of experience in management consulting, management training, career counseling, and corporate leadership. Doug Haynes has advised dozens of companies, including Fortune 500 and Global 1000, start-ups, and small businesses.

Here are five things Doug Haynes wishes someone had told him before he started his consulting business:

  1. Don’t set your goals too high, but don’t set them too low, either.

Setting high-reaching goals is a good thing. It helps you to know what you want and can drive you to achieve that goal. However, there are limits to how lofty the goal needs to be. It’s best if that goal is only one of your reasons for starting a consulting business in the first place.

  1. Compound your knowledge and skills.

Going beyond that base knowledge in your industry or company would be best. If the new position was created in response to something that happened at work, then jump into understanding what caused that event, and take it a step further by looking at similar situations from other parts of the world.

  1. Build a solid network.

A great network is invaluable. Use that network, add contacts, and get out of your comfort zone.

  1. Identify your clients

You need to know who your clients are, whether it’s the whole company or just a small group. You want to develop a rapport with them, even if they are very specific with their requests.

  1. Have a work-life balance

Sitting at a desk all day without getting enough exercise and spending too much time on your business is unhealthy. Remember that there needs to be a balance between work and personal life.