The Side Hustle Show

How to Start a Location-Independent Consulting Business (Greatest Hits)

45 snips
Nov 2, 2023
Paul Minors, a productivity blogger and consultant from New Zealand, shares his journey of starting a location-independent consulting business and doubling his income. He discusses the benefits of niche consulting, establishing credibility through Clarity.fm, setting pricing and building credibility with videos, expanding the business to include various software products, and establishing expertise through product support forums and social media. The chapter also covers learning something new, sales calls, increasing consulting prices, and working with virtual staff.
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INSIGHT

Value of Convenience

  • Paul realized that people would pay for convenience and time-saving, even if information was freely available.
  • Business owners value having an expert guide them through software implementation, saving them valuable time.
ADVICE

Set a Target Income Goal

  • Set a target monthly income as a quitting goal and consistently hit it for a few months before leaving your job.
  • Paul's target was $3,500, a rough conversion of his salary, providing a clear financial objective.
ANECDOTE

Traveling and Working

  • After quitting his job, Paul and his wife traveled for six months while he worked 15-20 hours per week.
  • This coincided with lower living expenses, making his income goal more attainable.
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