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Idea threads

Meikel Muhr

New Contributor
Jul 15, 2021
9
12
Dear Fastlaners,

i am consultant for more than 10 years in the area of IT-Projectmanagement und Advisory to IT-Management. I have a very strong focus on Manufacturing companies that have SAP ERP in place and need to change, upgrade or implement the software.

So far I am charing by hour or day. My rates are well developed, I am charging at the top end of rates that the market offer. Nevertheless, I am long time looking for something that I can productize out of my portfolio as my work is usually very individual and not scalable.

I am curious if I can find other IT-Consultants / Advisors or IT-Projectmanager that came across similiar thoughts ;) ?
 
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AnasHarn

Contributor
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Speedway Pass
Sep 1, 2021
68
73
France
Hey, I am working in the same field, but not with the same amount of experience, I have been working for 2 years now.

One way you could use to supercharge your business would be to use your experience and portfolio to launch a consulting company, I work in a Consulting company that started small with 3 consultants 10 years ago, now it's listed in euronext, buying all small cabinets they find and worth millions...(800M to be exact)

Maybe it can be something for you :)
 

Meikel Muhr

New Contributor
Jul 15, 2021
9
12
Hey, I am working in the same field, but not with the same amount of experience, I have been working for 2 years now.

One way you could use to supercharge your business would be to use your experience and portfolio to launch a consulting company, I work in a Consulting company that started small with 3 consultants 10 years ago, now it's listed in euronext, buying all small cabinets they find and worth millions...(800M to be exact)

Maybe it can be something for you :)
Hi AnasHarn,

Many thanks for the reply. I am actually Freelance Consultant for 4 years now. Starting a real business with employees is something that comes across my mind frequently but the trough is that Freedom is the main driver for my self employment. Starting a consultancy would be a huge burden for some years until I could eventually pull myself out of it.

It’s the obvious way to go but I would rather prefer to stay smaller and therefore more free in my choices. A product or something similar could help to diversify my offerings.
 

AnasHarn

Contributor
FASTLANE INSIDER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Speedway Pass
Sep 1, 2021
68
73
France
Hey, Yeah I perfectly understand, it took 5 years of hard work to my company owner to get some serious returns so it's a lot of work and dedication, therefore sacrifice of freedom.

May I suggest selling trainings/online trainings, if I have a good understanding of your work, you help companies set up their SAP and help them work with it. Maybe some of the employees of these companies would benefit a lot of having ready to use how-to/guides for their most commun problems.
 
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