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How can you find high-paying consulting work in Product Management?

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Product management is a highly sought-after skill in today's digital economy. Many companies need expert guidance on how to create, launch, and grow successful products that solve customer problems and generate revenue. If you have experience and knowledge in product management, you can leverage it to find high-paying consulting work that gives you more flexibility, autonomy, and satisfaction. In this article, you will learn how to position yourself as a valuable product management consultant, how to find and attract potential clients, and how to negotiate and deliver your services.

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Ibrar Khan

Product Manager | Digital Transformation
Muhammed Zaulifqar ???? ????????

Product Management Leader | Digital Transformation | Consultant | Instructor | Saudi Resident
Nick Yankovsky

?? Product Manager & Leader ? Expert in Leveraging Data & AI/ML in B2B SaaS, Customer Service, Internal Tools

1 Define your niche

Before you start looking for consulting work, you need to define your niche and value proposition as a product management consultant. What are your areas of expertise, your unique strengths, and your target market? What kind of problems can you help your clients solve, and what outcomes can you deliver? How do you differentiate yourself from other product management consultants? Having a clear and specific niche will help you stand out, communicate your value, and attract the right clients who are willing to pay you well for your services.

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Muhammed Zaulifqar ???? ????????

Product Management Leader | Digital Transformation | Consultant | Instructor | Saudi Resident
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High paying product consultancy work is typically found in a few scenarios: 1. When you’re active and respected voice on social media 2. Through networking and recommendations 3. Showcasing portfolio and recommendations 4. Domain expertise - typically the most influential variable

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Ibrar Khan

Product Manager | Digital Transformation
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Do a thorough market research and find a niche that's less crowded or niches that are emerging or underserved. Align your expertise with these niches. Keep yourself updated with that niche, attend events in that niche, and demonstrate your commitment to ongoing learning.

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Phillip Swan

I help CEOs reimagine businesses delivering billion-dollar ROI with the power of AI | "the GTM Unleashed guy" | Built for scale
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Build your own personal brand like you would your product. Be unique at something that directly addresses your target customers' pain. They will pay a premium for your services.

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2 Build your portfolio and reputation

Once you have defined your niche, you need to showcase your portfolio and reputation as a product management consultant. Your portfolio should include examples of your previous work, such as product roadmaps, user stories, wireframes, prototypes, launch plans, or metrics. Your reputation should include testimonials, referrals, or endorsements from your past or current clients, colleagues, or employers. You can also create and share content, such as blog posts, podcasts, webinars, or ebooks, that demonstrate your thought leadership, insights, and expertise in product management.

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Ibrar Khan

Product Manager | Digital Transformation
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If possible request detailed testimonials highlighting not just your skills but also your collaborative nature and how you adapt in various situations. It will showcase both your technical expertise and soft skills.

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3 Network and market yourself

The next step is to network and market yourself as a product management consultant. You can use various channels and platforms to reach out to your existing contacts, such as former coworkers, managers, or clients, and ask for referrals, introductions, or recommendations. You can also use social media, such as LinkedIn, Twitter, or Facebook, to connect with potential clients, influencers, or partners in your niche, and engage with their content, comments, or messages. You can also use online platforms, such as Upwork, Fiverr, or Toptal, to create your profile, bid on projects, or join talent networks.

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Nick Yankovsky

?? Product Manager & Leader ? Expert in Leveraging Data & AI/ML in B2B SaaS, Customer Service, Internal Tools
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Generally, it can be a good idea to have a blog or at least participate in target niche's community discussions as a way to become more visible.

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4 Negotiate and deliver your services

The final step is to negotiate and deliver your services as a product management consultant. You need to have a clear and detailed proposal that outlines the scope, timeline, deliverables, and fees of your services. You need to communicate your expectations, roles, and responsibilities with your client, and establish a contract or agreement that protects both parties. You need to deliver your services with high quality, professionalism, and integrity, and keep your client updated on your progress, feedback, or issues. You need to collect your payment, request a testimonial, or ask for a referral after completing your services.

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5 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Aniruddha Mitra

Product @ Credit Wise Capital | Growth @ SeekaMentor | NIT Bhopal | PM School
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To get high paying consulting work in PM, start with basics and try to get small projects and clients and slowly and steadily build a strong portfolio of your work. Leverage your network to get referrals and make sure you are prepared always.

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Ellen Nio, ACC

Executive Coach - Chief Product Officer @ Sinarmas Financial Sevices - SQE | Digital Transformation
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High paying jobs need a slow building. there is no short cut and consistency and integrity in career will help you there. dont look at career just on the main skill needed to do the job but also consider your transferable skill and cross function knowledge. leverage it

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How can you find high-paying consulting work in Product Management?

1

2

3

4

5

1 Define your niche

2 Build your portfolio and reputation

3 Network and market yourself

4 Negotiate and deliver your services

5 Here’s what else to consider

Product Management

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How can you find high-paying consulting work in Product Management?

1

2

3

4

5

1 Define your niche

2 Build your portfolio and reputation

3 Network and market yourself

4 Negotiate and deliver your services

5 Here’s what else to consider

Product Management

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