Groundbreaking Moments in Industry...Opportunities for Smaller Consultancies #Shorts

8 Feb 2023 · 1 min

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1:00

In this short monologue, the speaker highlights that every industry experiences groundbreaking moments—technological, environmental, or geopolitical breakthroughs—that generate fresh opportunities for consulting firms and entrepreneurs. These disruptions create gaps in strategy, compliance, and adaptation that larger corporations need to fill. The speaker stresses the critical role of timing: consultants should monitor emerging changes, plant seeds within relevant ecosystems, nurture partner relationships, and then apply their own expertise and know‑how to develop and grow a consulting business that helps corporations navigate the new landscape.

Chapters

There are groundbreaking moments that happen in every industry, and in these groundbreaking moments, there are a lot of opportunities for services and consulting businesses. These innovations and breakthroughs could be technological. They could also be environmental or geopolitical. But all those breakthroughs, all these innovations, they create opportunities for entrepreneurs to start their own businesses. It could be around strategy. It could be about compliance. Your consulting business could fill in a gap for these larger corporations that are trying to adapt to all these changes in the ecosystems around them. So timing is very important. This is where you can ride the wave of the adoption of new technologies or adoption of new environmental changes or new regulatory changes. Be on the lookout, plant your seeds in these ecosystems, nurture relationships with partners in that ecosystem, learn of the changes in that ecosystem, and then find an opportunity where you can leverage your own expertise, your know-how, your relationships to build and grow that consulting business.