This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/05/25/consulting-sucks-sometimes-15-ugly-truths-to-ponder-before-you-take-the-leap/
Stories like this one, are posted specialy for our loyal blog – make money fans, so that you can learn of brand new the latest business ideas that are still yet to be fully released to the wider industry. Our articles just like this editorial piece that our very own in-house reporter Jim Cook has tracked down, will give you the stories that are making the headlines in how to setup & Put together passive income streams, by first getting the competitive edge ,by visiting our Make Money Only blog first, before these trade secrets are exposed.
by Elaine Biech, author of “The New Business of Consulting: The Basics and Beyond“
The gig economy is roaring right along, and that means consulting work is more popular than it’s ever been. And the truth is there are many great benefits to becoming a consultant. In fact, you may even be thinking about taking the leap yourself.
But before you hang up a shingle, here’s a sobering truth: Consulting sucks.
Well… some of the time it does, anyway.
While consulting work is rewarding, fun, and often quite lucrative, no one should jump into it blindly. As much as I love consulting, it definitely has a dark side. And it’s important to explore some of the darker corners, so you’ll know what you’re getting into.
Here are some drawbacks of consulting:
1. As with all start-ups, failure is an option.
According to the Small Business Administration, half of all start-up businesses fail within five years. Responsibility for success or failure rests almost entirely with the person who started the business. Some of the reasons include mistaking a business for a hobby; asking friends and relatives for advice; mismanaging money; lack of a business plan; poor or no marketing; lack of pricing knowledge; inability to manage growth; lack of commitment; failure to set and revise goals; inability to develop, monitor, and understand financial statements; inability to balance business and family; and underestimation of time requirements.
A lot can go wrong with a start-up. You’re better off being prepared up front for the level of effort it takes to stay afloat.
2. You probably won’t strike it rich.
Even though many consultants charge over $2,000 a day, that doesn’t guarantee you’ll “get … Read More
If you are Attracted in ways to make money from home, that perhaps you thought was not likely: blognews.turnkeywebpublishing.com must be the resource you should be paying close up attention to. If you want to Find out how to make money online…. Well then your in for a surprise, as we explain you ways to make a passive income, that other information hubs dont reveal. Our team are constantly looking for the most profitable processes and systems that we have determined to be of valuable merit from all coners of the online sphere, that we Put out exclusively for our blog readers, to Find out more about the Newest trends and business ideas