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SpinDistribute.com Article Directory

The following article was published in our article directory on October 30, 2018.
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Independent Consultancy: Is This the Right Career Path for You?

Article Category: Business

Author Name: Theodore Henderson

Due to the seemingly high level of importance it plays, as well as the potential to earn a considerable amount of income, it's easy to see why consultancy makes for an interesting career path. There is even other benefits for those nearing or past retiring age to decide to become independent consultant as second career as it allows them to monetize their knowledge and years of experience in a certain field.

However, deciding to become a consultant does require a certain bit of introspection for your part. Is this kind of career for someone like you? To answer that question, there are a few considerations you have to keep in mind.

The Fit

First and foremost, you have to consider whether or not you are compatible for the work of a consultant. Independent consultants have to be able to deal with a large workload with minimal supervision. It's the type of profession that requires you to be your own boss for all intents and purposes. This means setting your own deadlines and then finding a compromise between your standards and that of the client's expectations.

Aside from having the right kind of commitment and discipline for the job, you should also have the right skills. Depending on the field you want to offer your consultancy services, the skills you offer should be ones that potential clients could find value in. For instance, if you decide to become independent consultant in healthcare, you'd have to have the knowledge of the most recent developments in a certain medical sub-field as well as relevant policies, processes, and systems.

Downsides

Whenever somebody talks about becoming an independent consultant, all you hear about are the perks and benefits of such. Most of the time, this would include minimal supervision, a more relaxed pace of work, no more in-fighting and office politics, and a flexible but still sizeable rate of income.

What most people do not talk about, however, is the fact that independent consultancy is just like any other job out there. In other words, there are certain risks that you would have to take if you become a consultant.

The most prominent of these is the need to adjust yourself to working alone. If you are quite used to working as part of a team or network, the sudden shift to working on your own can be quite jarring.

The next disadvantage is the lack of any sort of administrative support and other similar benefits. In as much as nobody is there to tell you what to do, nobody will be there to assist you in case something goes terribly wrong with your work. This might even require you to take on other roles and responsibilities as well aside from providing consultancy services.

In Conclusion

So, are you fit to become an independent consultant? How you answer that is truly up to your skills and work ethics. Just do remember that independent consulting the gig economy brings with it a lot of rewards as well as challenges. If you think that you have what it takes to meet the demands of the job as well as mitigating the worst effects that it could bring, then independent consultancy might just be the best career option for you now.

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