Why I left strategy consulting & $200k+

I worked in the consulting industry for nine years. I loved...most of it. Here's why I left
⏳TIMESTAMPS
0:00 Introduction
0:42 Why I Wanted To Break Into Consulting
2:02 What I Loved About Consulting and McKinsey
3:24 Three Reasons Why I Wanted To Leave
5:34 Deciding To Leave & Discovering Work I Loved
6:30 Fun shoutout from @aliabdaal
7:42 Do I regret consulting?
8:55 Ask Questions About Freelancing
💻 THINK LIKE A STRATEGY CONSULTANT COURSE
To see more interviews and learn more about strategy consulting: learn.strategyu.co
📩 FREE MINI-COURSE
For a free mini-course on strategy consulting skills: www.strategyu.co/subscribe
💼 WANT TO WORK IN CONSULTING?
Want to work in consulting? Consider coaching from My Consulting Offer: bit.ly/breakintoconsultingfirms
Resources:
Decoding McKinsey: strategyu.co/decoding-high-pe...
I also talked with @ImranMahmud about leaving consulting here: • Video
Interested In Corporate Workshops?
I run virtual and in-person workshops and multi-week learning programs for strategy groups, data analytics teams, boutique consulting firms, and data-driven teams. Learn more here: strategyu.co/corporate-worksh...

[@StrategyU]

What questions do you have about leaving a path that makes sense?

[@DodgeViperAS]

I think it's important for you to make a distinction between knowledge team at MBB (which is what it seems you did from your videos and LinkedIn profile) and the frontline consulting team, especially as 9 years at McK/BCG you'd be earning way over $500k as a consultant (probably at Principal/Partner level). Otherwise it can be misleading for those not in the field and wanting to apply (source: Consultant at BCG)

[@munkhzultsetsgee6838]

I am very motivated.
I d worked at the bank/biggest bank in my country/ for 17 years and I left last year due to do different things which are more creative and more helpful to others. I started my own consulting firm last year. Honestly, I feel give up inside. But after watching your videos it gave me motivation. Thank you so much for your effort for us.

[@IAMYDL]

How do you balance your time on a daily basis? You do so many incredible things and i’m so curious as to what a day in the life of you (when working) looks like?

[@rik112]

Excellent video. I didn't work in consulting but in pharma. I am now trying to establish myself as a consultant in this industry that I know and love. One of the challenges I've encountered is how to establish a niche or value proposition that you can use to market your services. My background in the industry is quite varied, and most companies have the capabilities in-house to do what I can offer. Without knowing what problems a potential client has, do you have any recommendations on how to differentiate yourself?

[@StrategyU]

Ah perfect - going to talk about this in the next video!

[@rik112]

@@StrategyU Look forward to it!

[@99ketaman]

Great video! I am currently choosing between 2 full time offers, BCG and McKinsey. If you were in the same situation, which firm would you pick and why?

[@StrategyU]

Congrats! You're choosing between two piles of gold.
You can't go wrong - don't mistake this for a tough decision. Follow your gut and you'll be good in either case.
Try to get a read on the local office vibe and the people you'd be working with.
Generally I found BCG in the US more nerdy and analytical and McKinsey more high level and focused on communication. McKinsey has a stronger culture but BCG has more interesting local office cultures.
check out my video on this too th-cam.com/video/eHdAJROE1FU/w-d-xo.html

[@The_channel_of_channels]

Hey, I would like to know how to succeed as a freelance consultant without having working in a consulting firm before.

[@kpiyanut]

I am still figuring out after 15 years in a corporate world if I am actually fit in Strategy Consulting. Any advice how to explore first steps?

[@StrategyU]

this might be a good video to check out: th-cam.com/video/IDGm9j53T4s/w-d-xo.html
its sort of joking but also a lot of what you do in consulting.
I think a good reflection: have you ever worked on turning large amounts of information into a presentation and done it with endless iterations, rounds of feedback etc?? did you enjoy that? if not you likely wouldn't love consulting

[@kpiyanut]

Thanks for the suggestion and describing what is like a routine of consulting work. I will try the video.