I was thinking about how I could structure a consulting business around my family obligations and you just spelled it out for me. I choose the Hybrid Model. It works for me. Thank you so much.
1. Solo Consulting Model (DIY) 2. Consulting Firm Model (MBB, …) 3. Productized Consulting Model (Specialized Service) 4. Hybrid Model (Combination of all three models above)
I agree - I have a HR Consulting business. But the focus is on 3 core offerings- Talent Acquisition/onboarding, Dispute Resolution and Onboarding (outplacement and redundancy management) I use associates for various processes that they are experts (highly experienced) in.
Great perspective on structuring a service based buisness. I recently productions my service and operating as a SAS company has been a great step. Currently looking to hire/partner with others to scale effectively.
Very helpful Michael. I assumed the productized model is how I'd launch my business and the hybrid is how I intended to scale. I just never identified them like this. Thank you.
Informative and empowering. You essentially confirmed that I am on the right rack, which is always a boost to the confidence. Thank you for your knowledgeable presence in the field!
Brilliant to know I am starting on my own business journey and my thinking, planning and conclusions has already led me to the hybrid model path. Such great confirmation and validation.
In software consulting, the productized model is absolutely how we crush it and deliver. You’re, fundamentally, buying weeks of development time from one of our teams.
I might be in the wrong career but I want to be able to build a company for my clients and I want to help people find two people to make a cartoon or make a video games /cards games but I don't know what model will work for me
The irony of consulting is that we need consultants. GREAT perspective and delivery THANK YOU
I was thinking about how I could structure a consulting business around my family obligations and you just spelled it out for me. I choose the Hybrid Model. It works for me. Thank you so much.
That's great to hear Antoinette!
The hybrid model - Solo practice and productized - works best for me. Still building and expanding.
Rock on Debra, keep building!
Same here Sis. Wishing you the best. And me too.
1. Solo Consulting Model (DIY)
2. Consulting Firm Model (MBB, …)
3. Productized Consulting Model (Specialized Service)
4. Hybrid Model (Combination of all three models above)
Great insights, Mike! My business is also running on a hybrid model.
I agree - I have a HR Consulting business. But the focus is on 3 core offerings- Talent Acquisition/onboarding, Dispute Resolution and Onboarding (outplacement and redundancy management)
I use associates for various processes that they are experts (highly experienced) in.
Appreciate the comment Dominic!
Hi I am planning similar. Could you pls help me with more insights. I am just a beginner.
Great perspective on structuring a service based buisness. I recently productions my service and operating as a SAS company has been a great step. Currently looking to hire/partner with others to scale effectively.
Very helpful Michael. I assumed the productized model is how I'd launch my business and the hybrid is how I intended to scale. I just never identified them like this. Thank you.
Sounds good @michael Lombardi let us know if we can help and support you.
Informative. I've just established a consulting business in Botswana. I prefer the hybrid model.
Glad you enjoyed it Jacob and welcome to the community here
I'm utilizing a two person team and productized model. I love thinking about this as a hybrid. Thanks!
You're very welcome Rebecca and that's great you're using those models as a hybrid.
Informative and empowering. You essentially confirmed that I am on the right rack, which is always a boost to the confidence. Thank you for your knowledgeable presence in the field!
That's fantastic Todd!
Yeah my story has started with DIY model and now is transforming into productization!
That's great! Thanks for your comment.
100% agree!!! Great video!
Thanks SonnyBoy!
Great video Mike!
Thanks Diogene, appreciate that!
Brilliant to know I am starting on my own business journey and my thinking, planning and conclusions has already led me to the hybrid model path. Such great confirmation and validation.
Thank you so much for these insights. However Michqel could you please give me some tips on how to get fundings for creating a consulting business?
In software consulting, the productized model is absolutely how we crush it and deliver. You’re, fundamentally, buying weeks of development time from one of our teams.
Good content Mike. Thank you.
Thank you!
Spot on
So informative ty
Glad to hear that!
I might be in the wrong career but I want to be able to build a company for my clients and I want to help people find two people to make a cartoon or make a video games /cards games but I don't know what model will work for me
One model maybe it is the same as the product one is to turn your digitalised your knowledge
Hybrid model - Solo Practise with Productised. Then, who knows what God says, Firm Model might come up.