What's the first step to starting your own strategy consulting business?
If you have a passion for solving complex problems, delivering value to clients, and shaping the future of organizations, you might be interested in starting your own strategy consulting business. Strategy consulting is a lucrative and rewarding career path, but it also comes with many challenges and risks. How do you launch your own venture in a competitive and dynamic market? What's the first step to take before you quit your job, invest your savings, and pitch your services? In this article, we'll explore the essential step of validating your business idea and finding your niche.
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Establish your niche:Focus on a specific market segment where your skills shine. This will help you stand out and attract clients who need exactly what you offer.### *Validate your idea:Conduct market research and client interviews to ensure demand for your services. This step confirms your business idea is both viable and desirable before you fully commit.