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by GoldenMonkey 2553 days ago
Consulting is a feast or famine world. Cashflow and savings are key. The 2009 recession killed my consulting shop and friends of mine. Imagine having clients with 300 person companies downsized to 30 overnight. And invoices clients can’t pay, but employees to pay. To scale your revenue, you add employees. Some keys for success are to focus on an industry niche. Become the goto expert in that niche. Offer software and consulting in that niche and charge high rates. A good book on networking - thomas stanley, networking with the affluent. This would be my approach to $1m/yr consulting: https://news.ycombinator.com/item?id=5967255