About Jay Niblick

Determining Your True Hourly Base Rate

Time to start deciding what you will charge. The first thing you need to do is to determine your “true hourly base rate.” However, this rate is for your information only, not for your clients. It is the hourly price you will use to calculate what you will charge based on the overall effort you will put in, and the return you would like to get for that effort. It is not the figure you will tell the ... Continue Reading

The One Reason Why You Aren’t Charging What Your Worth

In consulting, perhaps one of the most recurrent reasons for poor profits is undercharging. It’s unfortunate, because it has less to do with not understanding what should be charged and more to do with the consultant’s lack of confidence, insecurity, or most commonly desperation. Let me share the story of a friend of mine named John Butler. John was a seven-figure management consultant in Dublin, ... Continue Reading

The Importance of a Consulting Business Plan

Too many new consultants fail to establish a sound business plan right up front. As important an aspect as having a sound business plan is, however, I will not be diving too deeply into this topic as we could easily get lost. I will, however, recommend an action that will allow you to save time, yet still allow you to create a very well-constructed plan. And that’s the rub, managing to create a ... Continue Reading

What Consulting Business Structure Should You Choose?

For the purposes of this book I will speak to the United States business market. Every country has its own set of policies and regulations, so I advise you to seek the counsel of a licensed attorney in your own market to make sure you decide on the best business structure for your specific business. There are really only four types of business structure most consultants choose from. Each has its ... Continue Reading

Top Blogging Tips for Consultants

What do Consultants need to prepare for in order to successfully market their services via Blogging? Know your niche market. Don't try to please everyone. Do you consult to bankers? Speak their unique language. Restaurant Owners? HR Departments? Knowledge Workers? CEO's? They all have a language that they use in business. TIP: VISUALIZE WHAT YOUR TARGET CLIENT LOOKS LIKE AND WRITE YOUR BLOG ... Continue Reading

What Should You Call Your Business?

It all starts with a name. Not to argue with Shakespeare, but the name you choose, unlike that of a rose, will indeed determine if it smells sweet or not. The name of your company is one of the most important things you can decide on, as it is a big part of that all-so-vital first impression. Naming any business can be a difficult task, but it doesn’t have to be insanely complicated. Important ... Continue Reading

Why Choose Consulting as a Career?

The career of management consultant is one of the most envied roles a person can be lucky enough to play. That title, however, is somewhat of a catchall, thrown about by people who provide a wide range of services (accountants, lawyers, strategic planning, HR, operations, etc.). For the most part professionals employed in this field provide outsourced services to organizations in need of whatever ... Continue Reading

Consultant Marketing Tips: Avoid Marketing Meltdown

Independent consulting means tackling pretty much every aspect of your business yourself. Cause, you know, that whole independent thing. Something I tend to see independent consultants struggle with in droves over other aspects is how they market themselves. Here are some tips you can follow to make sure you’re marketing yourself and your business efficiently: Stay Easy to Connect ... Continue Reading

10 Steps To Consulting Success

The New year is almost upon us and most business consultants have their eyes set on big goals – bigger clients, bigger profits, and overall bigger success. I'm not here to tell you not to stretch for that gold ring. What I propose is that you take small steps forward while still keeping your eyes on the goal. Many experts say to go big right out the door which is great. However, if you ... Continue Reading

The Definitive Guide to Consulting Sales

When you made your "big leap" as an independent business consultant, there were several defining reasons why you decided to stick your neck out and become a member of one of the world's greatest professions. As time passed however, you realized that the practice of consulting was very different from the act of selling your consulting services. You suffered the agony of having to convince ... Continue Reading

Translate »