Growing Your Consulting Firm With These Simple Tips From Edwin Miranda
Edwin Miranda has spent the better part of his professional life . Aadvising people on how to open up their own consulting firm. He can do the same for you. Read below to find out what Edwin Miranda suggest you do to move the process in the right direction.
“No man is an island unto himself.”
It does not matter how talented you think or feel you are, you need atalented partner of some kind. You need someone to help you out. Not everyone can do everything themselves. You will find there are areas you fall short in. You need someone who can pick up the slack, so to speak, according to Edwin Miranda. Find someone you can trust to take no half of the responsibility.
2) You will also need a team to help you, according to Edwin Miranda. Delegate tasks like accounting to others. That means you will need to have a small payroll system. It might cost you money to hire a few people, but it will cost you more to do it alone.
3) You should know the difference between establishing a business and working regular job, according to Edwin Miranda. There is a difference between working on the business and in the business. You should be working on the former, and not the later.
What happens if your partner decides to leave? Will you be able to survive on your own, or not? That is why you need to be working on the business and not in it.
4) There are two rules to the hiring process, according to Edwin Miranda. Finding right people takes time. Act fast when you need to fire someone.
The worst thing a consulting firm can do is keep someone who is bad for the company oh their payroll. I do not care if the guy is the accountant’s sons. You should get rid of him if he is not working out. It is a business. Not personal.
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