Download or read book How To Become A Consultant, How To Be Highly Successful As A Consultant, And How To Earn Revenue As A Consultant written by Dr. Harrison Sachs and published by The Epic Books Of Dr. Harrison Sachs. This book was released on 2021-02-11 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on how to become a consultant, explicates how to be highly successful as a consultant, and elucidates how to earn revenue as a consultant. While becoming a consultant may seem be an eminently cumbersome, expensive, time-consuming, and daunting undertaking, it is viably possible to become a consultant. Much to the relief of prospective consultants, it is possible to become a consultant in a time span of less than half of a decade and the journey to become a consultant is not as lengthy as the journey to pursue certain other occupations, such as the occupations of a medical doctor or attorney. The pathway that a prospective consultant can follow to become a consultant is fraught with challenges that are not a cinch to surmount. It can be arduous to fulfill the duties of a consultant. Consultant skills are highly desirable skills to possess. As of February of 2021, only an infinitesimal fraction of one percent of the global population are employed as consultants. In the US, for instance, less than 2,175,500 are employed as consultants even though the U.S. population is comprised of over 328,000,000 people as of February of 2021. As of February of 2021, less than .663% of people in the US are employed as consultants. This means that out of 151 random people in the US, about only one person at most would be employed as a consultant as of February of 2021. As of February of 2021, it was estimated that there were more medical doctors and attorneys as an aggregate in the US than consultants in the US even though it takes far more years to fulfill the ample mandatory requirements to become a medical doctor or attorney than it takes to fulfill the mandatory requirements to become a consultant. As of February of 2021, there are no mandatory requirements that need to be fulfilled for a person to become a consultant. As of February of 2021, the economy is unequivocally in dire need of more consultants, especially since they are able to help companies to ameliorate their operational efficiencies. Having subpar operational efficiencies amplifies a company’s operating costs. Neglecting to optimize operational efficiencies can undermine a company’s profitability potential. Companies should aim to eliminate non-value-adding activities in their operational processes. Having needless waste in workflows can undermine a company’s profitability potential. “The job of a consultant is typically to look at what an organization does as a whole, then work to increase efficiency in most areas. Specifically, they strive to render a business more profitable, usually by helping the business owners to reduce costs and grow revenue streams. In order to achieve this objective, the consultant might recommend personnel changes, new systems, alternative practices or new procedures to be implemented”. Companies should not only aim to bolster their operational efficiencies, but should also strive to minimize their operational inefficiencies. Companies not only rely on consultants to help them to enhance their operational efficiencies, but to also help them to amplify their sales volume, revenue, and profits. Freelance consultants are not limited to furnishing their service offerings to a single client. “Most consultants are self-employed and work on a contractual basis”. Freelance consultants are able to work remotely, customize their own schedule, and furnish their service offerings to clients from around the world. There are a myriad of disparate types of consultants. Some of the ample disparate types of consultants encompass “business consultants, management consultants, marketing consultants, social media consultant, operations consultants, financial advisory consultants, information technology consultants, and human resource consultants”. Certain consultants specialize in one niche area, “such as retail sales. Consultants might then specialize further under that area of expertise, focusing on points such as inventory control, personnel, and reorganizing corporate structure. Consultants might also work with start-up companies to design the best entry into the marketplace, or alternatively may work with companies that are looking to downsize and sell their companies”. The competencies can vary from consultant to consultant. It would ultimately behoove a prospective consultant to explore the various consultant career paths.