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How Well Do You Know Your Business?

Chad Barr

Did you know that: 73% of small startup owners are men. 26% of entrepreneurs say their biggest motivation for starting their own business was the idea of being their own boss. 67% of small business owners use personal funds to handle financial problems. Only 9% of entrepreneurs have a bachelor’s degree in business.

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Narrow Your Niche to Win More Work as a Solopreneur

Successful Independent Consulting

I’ve mentored and represented hundreds of independent consultants and repeatedly I see those with a well-defined niche win more work. Because they’re experts in their field, their name immediately comes to mind when a specific phrase, problem, or business need pops up. Think of it from your potential client’s perspective.

Exercises 195
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Start Each Engagement with the WOW Factor

Successful Independent Consulting

Setting expectations and making a personal connection will set you up for success, however you define it. Self-employment would not only let me set the boundaries I needed, but it would also allow me to manage my time as well as my clients’ expectations. I usually pick her up from daycare around 5:30 p.m.

Resources 195
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J. Jeff Kober’s Insider Secrets Behind Disney’s Performance Excellence

Consulting Matters

A deep dive into the strategies behind the Disney magic (and how to use them to enhance your consulting or coaching success) Want to know a secret? Here’s why I’m telling you this. Many people think that what has led to Disney’s incredible success over the years is its unique creativity. Jeff Kober.

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To Boost Your Business, Track Your Time (Nearly All of It!)

Successful Independent Consulting

Management guru Peter Drucker once said “you can't manage what you can't measure.” By tracking (measuring) how you spend your time, you can increase your effectiveness, your income, and even your quality of life. The days whiz by and before you know it, you’re in your fifties.

Exercises 195
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For Solopreneurs, Business Development = Relationship Development

Successful Independent Consulting

The biggest stress for self-employed professionals is business development: how to cultivate meaningful regular work. Second, when knee-deep in actually doing "the real work," solopreneurs are hard-pressed to find time to publish thought-leadership articles or create and manage marketing campaigns.

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Business Development and Networking During a Pandemic Lockdown

Successful Independent Consulting

The #1 FUD (fear, uncertainty, doubt) among independent consultants involves business development. How can I develop a steady pipeline of leads? I don’t know how to do sales! I’m actually doing more outreach than I did before the lockdown. Clients buy consulting services from people they know and trust.