Thinking of Becoming An Independent Consultant?
Sue Maitland PCC
Life Coach | Career Coach | Speaker | Networking Expert - Helping you look holistically at what it means to be living your best and most inspired life
Do you sometimes dream of making the leap and leaving your corporate job to become an independent consultant?
Maybe you recently made that leap and are having some second thoughts?
Perhaps you’ve been on a long-term contract that’s coming to an end and you don’t have a clear plan for your next move.
The glamorous image of being a consultant involves being your own boss, choosing your hours of work and which contracts you choose to work on. Financially you may be able to command a relatively high hourly rate, expect to be paid for every hour you work and have tax breaks for expenses such as a home office and more. ?
It can seem like an attractive proposition for many people, and it can be, provided you do it with your eyes open and with a realistic plan.
Top Challenges of Being An Independent Consultant
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Does it still sound attractive to you?
If if does, that’s great – my intention is not to put you off making this move, it’s more about ensuring you think it through and have a workable plan.
As a professional coach who made the leap from the corporate world over a decade ago, I’ve helped many people make successful transitions out of the corporate world into becoming self-employed.
Having a professional coach in your corner who has done this herself and helped many others do the same, can really help you think through what you need to have in place for this to be a successful move. It may even help you determine whether this is the right move for you at this point in your life.
I invite you to book a call with me to share your current situation and explore whether partnering with me for this transition is right for you. I promise you there will be no pressure and you’re bound to come away from our conversation with some valuable things to think about and research.
Please use this link to book your 20-minute complimentary consultation: https://bit.ly/20MinMtgWithSueMaitland
You don’t have to go on this journey alone.
Coach, Culture & Change Leader - Dual Citizen (US/Canada) - Serving global clients to embed people-centered change best practices into everything they do.
2 个月Thanks you so much Sue. All of these are fantastic. Sales and Marketing ALL THE TIME are definitely a non-compensated time suck (at least for me). Subcontracting is an option that can help if you are starting out but it means you need to be OK with leaving some money on the table. One thing is that as an independent, you are not only competing against other indies, but the big firms as well. There is a perception out there that the big firms add more value. Even though it could be 2, 3 4 times the cost of and independent. Clients may think they are getting that X-value but they usually aren't. Tricky thing to navigate.
Connecting UVic engineering and computer science co-op students with employers.
5 个月Some good points for reflection Sue. When I worked as an independent contractor, you had to figure out each day how you were going to generate income. Sometimes this was exhilarating and sometimes it was overwhelming. The best advice I was given was to put myself on a salary so that you always had a financial cushion when things got lean.
I love building a plane while flying it! I Bold Leader I Relentless Planner I Fearless Navigator I Strategic Stabilizer I Omnidirectional Thinker
5 个月The only thing I would like to respectfully add is that one must be comfortable with the ebbs and flows. There are times when the market is quiet for weeks without a contract and paycheck in sight. An independent contractor needs to have resources in place to weather the lows. Just my two cents!
Technology-enabled Business Transformation Leader
5 个月You're spot on Sue! This is a must-read for anyone considering the switch to consulting. Well Done!