Monday, August 31, 2009

I FOUND GOOD ARTICLE :D

from http://smallbusinessanswers.yahoo.com/overrated
the article is about
The 7 Most Overrated Businesses
by Kelly K. Spors and Kevin Salwen
Nice... i get my focus to know about plus minus be independent consultant :D
here it is...

"...5. Independent Consulting.
Common advice for aspiring entrepreneurs is to stick with industries they know. So, for many looking to escape the corporate treadmill that means turning their professional expertise into a one-person consulting firm.

It seems practical – more companies are indeed relying on independent contractors and freelancers these days – but it's not as easy to pull off as many imagine, says Dennis Ceru, an entrepreneurship professor at Babson College in Babson Park, Mass. Many consultants struggle with time management problems, spending so much time scouting work that it's very difficult to earn steady income. "The difficulty many face is they go through peaks and valleys of having work," says Prof. Ceru. "When the engagement ends, they are frantically looking for work," which may take weeks or months.

A possible solution: "A successful consulting firm needs people to find the work, grind out the work and mind the work. Unless you know you can do all three yourself, you potentially expose your business to great risk."..."

....well.... *thinking :P