Q&A

Can I do consulting with a full-time job?

Can I do consulting with a full-time job?

You can consult part-time, alongside your full-time or part-time job or your job search. That is the best way to start consulting, in fact — as a side job.

Do consultants really work long hours?

As a result, most management consultants have to work between 50 up to 80 hours in a week to satisfy the job, giving consulting a name for its challenging work-life balance. Across the globe there are several studies that over the years have confirmed the long working hours of consultants.

How many hours of sleep do consultants get?

How many hours of sleep do consultants get each night? 50% of consultants sleep the recommended 7-8 hours a night. But 45% of consultants sleep 5-6 hours. 3% of consultants sleep 4 hours or less every night.

Do consultants pay higher taxes?

As an independent consultant you are considered self-employed, so if you earn more than $400 for the year, the IRS expects you to pay your own tax. The self-employment tax rate is 15.3% of your net earnings.

When did consulting become a full time job?

Years ago there was a wide gulf between people who worked for a salary or wages, and people who worked for themselves. Most people were employees on a payroll, and a very small number of other people were independent consultants. Then everything started changing. Full-time jobs started to dry up and more and more folks turned to contract work.

Is it easy to get a consulting job?

It is much easier to get a short-term consulting gig than to get a full-time job, and consulting gigs turn into full-time jobs all the time. Consulting is a fantastic job-search channel, but …

Why did people start consulting on the side?

Full-time jobs started to dry up and more and more folks turned to contract work. Companies started outsourcing whole departments. Employees started to wake up and realize that their value is not conferred on them by employers. They build their value in themselves!

Who are some people who built their business while working full time?

And Bryan Harris, founder of Videofruit, who has over 80,000 subscribers. He stayed at his full-time job for a period of time as he grew his own business. There are multiple business models, timelines, and personal stories of people growing their online businesses while being in full-time jobs. And many of these people also have kids.

Years ago there was a wide gulf between people who worked for a salary or wages, and people who worked for themselves. Most people were employees on a payroll, and a very small number of other people were independent consultants. Then everything started changing. Full-time jobs started to dry up and more and more folks turned to contract work.

It is much easier to get a short-term consulting gig than to get a full-time job, and consulting gigs turn into full-time jobs all the time. Consulting is a fantastic job-search channel, but

How to transition from a consulting to an industry job?

Begin your new industry job by building internal relationships and a reputation of trust to enhance your success in initiating change. Leaving a consulting job may not necessarily sever you from your current company. Many consultancy firms have placement services set up to help consultants wanting to get their feet wet in industry.

Full-time jobs started to dry up and more and more folks turned to contract work. Companies started outsourcing whole departments. Employees started to wake up and realize that their value is not conferred on them by employers. They build their value in themselves!