Thirded,
it is easy to think that people like Logica and Accenture and recruitment agencies make winning business look easy.
It's easy for contractors especially to get confident and think they can build a consultancy, but finding business and winning business, keep business, setting up an office hiring consultants costs a huge amount of money and takes a huge amount of time, experience and effort and nothing is guaranteed, then there is keeping your team happy and motivated to work for you for a small enough amount that you can cover your investment, risks, costs and return a profit. Then there is the question of how late the customers pay you and keeping your cash flow.
And then at the end of that you might not be left with any more than a contractor !
My advice, the same as those above, is to become a contractor for a few years and see what you think. It may be that during a contract you have a good relationship with the customer and talk them into letting you supply them with people.
All the best,
Milan.
it is easy to think that people like Logica and Accenture and recruitment agencies make winning business look easy.
It's easy for contractors especially to get confident and think they can build a consultancy, but finding business and winning business, keep business, setting up an office hiring consultants costs a huge amount of money and takes a huge amount of time, experience and effort and nothing is guaranteed, then there is keeping your team happy and motivated to work for you for a small enough amount that you can cover your investment, risks, costs and return a profit. Then there is the question of how late the customers pay you and keeping your cash flow.
And then at the end of that you might not be left with any more than a contractor !
My advice, the same as those above, is to become a contractor for a few years and see what you think. It may be that during a contract you have a good relationship with the customer and talk them into letting you supply them with people.
All the best,
Milan.
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