Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Consulting Career - Now!

1,326 views

Published on

Quick guide to educate job seekers on the career path of being a consultant. Describes Pros and Cons of the business and how to get started!

Published in: Business
  • Secrets to making $$$ with paid surveys... ●●● https://tinyurl.com/make2793amonth
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • I went from getting $3 surveys to $500 surveys every day!! learn more... ●●● https://tinyurl.com/realmoneystreams2019
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Consulting Career - Now!

  1. 1. Consulting  Career  – NOW! How  to  become  a  consultant Presented  by  Derris  Boomer  of  Boomer  Technology  Group 3/23/16 1
  2. 2. 3/23/16 2
  3. 3. Consulting  Salaries • Entry  Level (No  Bachelors  Yes  Certification)  $30,000-­‐80,000   • 2  – 3  Years  Experience (Bachelors  degree Certification)  $55,000-­‐80,000 • 3  – 5  Years  Experience (Bachelors  degree  Certification)  $60,000-­‐120,000 • 5  – 8  Years  Experience (MBA)  $80,000  -­‐ 170,000   • 10+  Years  Experience (MBA  +  2-­‐5  years)  $120,000  -­‐ $280,000+ 3/23/16 3
  4. 4. Lifestyle Pros • See  the  world • Meet  new  people • Hands  on  interaction   with  new  companies • Work  for  different   industries  and  business   sectors • Practice  all  the  book   knowledge  you  learned  in   college Cons • Away  from  home  on   regular  basis • Away  from  family  and   friends • Travel  inadequacies  due   to  weather  &  seasonal   delays • Irregular  schedules • Loneliness 3/23/16 4
  5. 5. Required  Consulting  Skills Pros • People  skills:  High   • Sales  skills:  Medium   • Communication  skills:   High   • Analytical  skills:   Extremely  High   • Ability  to  synthesize:  High   Cons • Creative  ability:  High   • Initiative:  Medium   • Computer  skills:  Medium   • Work  hours:  50-­‐90/week • FinancialAccounting   skills:  High • Mobility:  High  (Willing   travel  50+%  -­‐ 80+%) 3/23/16 5
  6. 6. Entrepreneurship  Skills Pros • Communication  Skills  =   High   • Flexibility  and   Adaptability  =  High   • Energy  Level  =  Very  High   • Need  for  Achievement  =   Very  High   • Work  Ethic  =  Very  High   • Honesty  and  Integrity  =   Very  High   Cons • Initiative  =  Very  High   • Optimism  =  Very  High   • Self-­‐Confidence  =  Very   High   • Tolerance  of  Ambiguity  =   Very  High   • Total  Commitment  =  Very   High   • FinancialAccounting   skills:  High 3/23/16 6
  7. 7. 80/20  Travel • 4  days  on  location  at  customer’s  site • 1  day  remote  from  home 3/23/16 7
  8. 8. Costs  Covered  by  Client DailyWeekly  Per  Diem  for  expenses  with  set  limits • All  meals  expensed • Airfare • Hotels • Rental  Cars • Equipment  &  Supplies • IncidentalsMisc.  (Wi-­‐Fi  fees,  Software) 3/23/16 8
  9. 9. Typical  Schedule Monday  – Fly  out  to  client  site.  On  site  meetings  &   daily  tasks Tuesday – On  site  meetings  &  daily  tasks Wednesday – On  site  meetings  &  daily  tasks Thursday – On  site  meetings  &  daily  tasks.  Fly  back   home. Friday – Remote  meetings  &  daily  tasks 3/23/16 9
  10. 10. Perks Travel  Perks • Airline  Frequent  Flyer  Miles • HotelResort  Points • 3,4,5  Star  Hotel  stays • Car  Rental  Points • Credit  Card  Points • Vacation  write-­‐offs • Business  class • Bulk  travel  discounts  for   personal  use Other  Perks • Training • New  Technology • Smart  Phone • TabletLaptop • Expense  Account • Free  Training • Team  Events • Company  Events 3/23/16 10
  11. 11. 3  Tiers  of  Consulting • Level  One  (Independent  Contractor  Setup) • Direct  B2B  contract  with  client.  Sells  direct  Services   and/or  Products.  (Corp-­‐To-­‐Corp) • Level  Two  (Independent  Sub-­‐Contractor  Setup) • Sub-­‐Contracts  through  other  company  which  has  direct   contract  with  client.  (Corp-­‐To-­‐Corp  or  1099) • Level  Three  (Common-­‐Law Employee  Setup) • Works  directly  for  company  that  sells  direct  services   and/or  Products  to  client.  Full  benefits.  (W-­‐2) 3/23/16 11
  12. 12. Best  Practices  and  Future  Growth • The  client  is  always  right.  (99.99%  of  the  time) • Never  say  NO.  Say  Maybe  depending  on  research. • Work  smart.  Concentrate  on  your  CORE   COMPETENCIES.   • Outsource  menial  work  to  save  time. • Watch  your  MARGINS.  Cut  UN-­‐PROFFITABLE  clients. • Work  smart  not  hard.  Control  your  finances. • Do  it  for  the  LOVE  and  not  for  the  MONEY. • Life  is  short  so  why  waste  time  not  doing  what  you  love. • It  takes  MONEY  to  make  MONEY!  (Be  frugal  but  not   cheap). • Invest  in  your  business  in  a  professional  manner. 3/23/16 12
  13. 13. Pick  your  firm! Here  are  the  top  10  most  prestigious  firms  according  to  Vault  2015: 1.  McKinsey  &  Company 2.  The  Boston  Consulting  Group 3.  Bain  &  Company 4.  Deloitte  Consulting 5.  Booz  Allen  Hamilton 6.  PricewaterhouseCoopers  Advisory  Services  LLC 7.  Ersnt&Young  LLP  Consulting  Practice 8.  Accenture 9.  KPMG  LLG  (Consulting  Practice) 10.  IBM  Global  Business  Services 3/23/16 13
  14. 14. How  to  get  started? Requirements • 4-­‐year  College  degree • 0-­‐2  years  work   experience • Focused  industry   and/or  business  sector • Focused  job  title • US  Citizen • Active  Passport Next  Steps • Get  a  revised  resume • Get  5  references • Get  a  mentor • Compile  our  your  top   25  companies  you  want   to  work  at • Get  Certified • Contact  Derris  Boomer 3/23/16 14
  15. 15. 3/23/16 15 Boomer  Technology  Group,  LLC. Derris  Boomer  – Consultant Tel:  732-­‐800-­‐2058 Skype:  DerrisB E-­‐mail:  sales@boomertechnologygroup.com

×