I recommend consulting as a 부산 고구려 part-time job for everyone in my business, as the benefits are just too great. Starting your own part-time consulting business is the best way possible to get your entrepreneurial juices flowing. As a part-time consultant, you will understand the value of your work much better than you would as a salaried full-time employee.
When you launch a consulting business as a part-timer, you will be able to iron out those issues sooner, and quickly, and lay them to rest. That is why I am a big proponent of starting your business when you are working full-time, so that you can get a foothold in your new product or service, get feedback, vet your business idea, and begin to earn revenue before quitting your job. With this in mind, I have compiled this huge list of 65 Best Businesses That You Can Start While Still Working Full-Time, to help provide some starting points for proven business ideas you can implement while still keeping your day job — and your main source of income. If you have got a business idea in your head, and are ready to start, sign up for my online course, Starting a Business While Working Full Time.
Just like going to top schools or working at investment banks, working for top-tier management consulting firms is one step that can lead to a lot of career opportunities. Consulting offers a wide variety of career opportunities beyond finance, provided that you are working for a top tier Consulting Firm. The reality is, if you worked for a leading management consulting firm, you have many career opportunities after graduating from an MBA program; part of the value of attending a business school (or other kind of grad school) is exploring those opportunities. With so many graduates from top business schools working for leading consulting firms, and the knowledge at top business schools that those students will have meaningful career opportunities, frequently including returning to a firm, this rate of success is not too surprising.
In most cases, the post-MBA associates are promoted straight to the role, but there are cases where industry professionals with substantial experience in product management, sales, or business development may be brought in. Next is a pre-MBA Associate role, which you earn after working for several years in an associated industry, like investment banking, management consulting, product management, sales, or business development. Post-MBA Associates that fail to advance are expected to quit and get a position in an industry, such as product management or finance in a portfolio company.
This role is uncommon, particularly at life-sciences venture capital firms, and is generally not a good idea alongside the standard options like consulting, analyst roles in investment banks, and jobs in corporate finance. Venture career portfolios are a lot lumpy when compared with portfolios at private equity firms, particularly because most VC firms are doing terribly — so, do not get your hopes up. You will spend lots of time saying no to startups and working on struggling portfolio companies, and you may need 7-8+ years to judge your performance. It is best to avoid working on side projects in your employers time or using employer resources.
Even if your work agreement does not provide written permission to work on side projects, there are situations where you might wish to raise a side project with the employer. If your employment agreement requires that you obtain written permission from your employer for working on any outside venture, you will have to inform your employer and obtain their permission. The biggest thing that you need to do when considering working on a side project while employed at another company is read all of your paperwork related to employment before starting to work on a side project.
The same considerations should be made in preparing for your consulting summer interview that you would make in your full-time job interview. If you are indeed offered the summer, then the primary purpose of a summer internship should be to find out whether consulting is right for you, and parlay that into the full-time offer. Since consulting firms are hiring for a position on a full-time basis much more often than they are hiring for a summer internship, do not be disappointed if you are unsuccessful at your summer internship hiring process.
If you know something about paid Internet marketing, and are comfortable using Google, then an excellent way to earn a little extra money on the side is by running Google advertising campaigns for companies, slowly starting to take on more clients as your consulting business grows. If you have developed valuable skillsets or certifications within your field over the years, consider using your skillset on your own time, offering your consulting services to local business owners.
That way, you can learn how to obtain consulting projects, how to execute on them, and how to manage the back-end of your consulting business (bookkeeping, IT, and other back-office tasks) on a smaller scale. You do not need a consulting entity like an LLC to start out–in the U.S., you can do consulting on your social security number–but you may still wish to incorporate your consulting company under the premise that your consulting business will grow.
Working for a leading consultancy will give you not just solid business and analytics skills, but the confidence and a solid network that maximizes your chances of succeeding in a new or early-stage business. Consulting firms also provide far more hours and efforts, helping place their consultants in excellent positions with clients and with other firms, than Investment Banks, where there is a lot more of that “you are in charge of yourself right now” atmosphere. Demonstrating an ability to work on a team is hugely important, as this is how consultancy firms structure their work.
Rather than hiring outside firms, some organizations employ in-house consultants, also called corporate or business strategy departments, to tackle and solve similar business and operational issues within the organization. Flexible, willing to engage with many different aspects of business, as needed, including, potentially, on management consultancy engagements and initiatives.