5 Reasons Why Consulting Makes An Excellent Side Gig
5 Reasons Why Consulting Gigs Are a Great Side Hustles
- You get to do what you love
- It builds Credibility
- It Pays Well
- It allows for Flexibility
- It Expands your world
- You are in your lane – you love this – it’s fun – it’s something you can do in your sleep.
- You become an expert in your field – it will position your niche and identify our areas of expertise.
- It pays well – the industry standard is that consulting pays 3x your industry employment rate. Ex: if your position pays $45 an hour for full time work – (this is a called your contextual hourly rate) and your consulting rate would be $135 an hour. If there is a high demand for your services the market rate might be much higher.
- You can choose your hours matching the ebb and flow with your other commitments and lifestyle choices.
- Expand your world by contributing to programs that get you thinking differently, learning new things and experiencing “doing what you do” in new marketplaces – consulting can be a new diverse group of clients that can offer you what I call reverse mentoring.