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Finding a Great Consultant
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Thursday, January 24, 2008

Finding a Great Consultant

Early and often when starting a business it can be advisable to seek outside counsel. Hiring the professionals who know how to do what you don't can make the difference between success or failure very quickly and the cost of hiring them should be a part of your business plan. The obvious help we run to are accountants and attorneys because we typically fear the IRS and lawsuits more than anything else (sometimes for good reason). But there are plenty of other disciplines which we are not masters of and can easily cost justify hiring the help. Sometimes we need a lot of help, sometimes just guidance. The part of hiring someone that usually concerns us most is whether or not they will really be qualified and deliver something that is worth the money they are charging us for their services. So with that, I'll offer up a few things that make a good consultant and that you should be prepared for when hiring someone:

1) A good consultant will give you references. They let their track record speak for itself. If they don't have references as an employee or consultant, or dodge the question, ditch them immediately.

2) They'll be happy to meet with you at least once to see what your needs are and demonstrate that they are competent. They aren't going to give anything away, but should give you enough so that you are comfortable with their level of expertise.

3) Good consultants are good communicators (or should be). Their ability to communicate effectively and succinctly is as important as their technical ability. If they speak in too much "fluff" or their explanation is always verbose, find someone else. Good consultants aren't there to try to impress you with how big their vocabulary is but want you to clearly understand what they are saying.

4) Their rates aren't too low. I know that isn't what you want to hear but someone who is really good is going to cost. If it sounds too good to be true...

5) They will prompt you with a lot of questions. A good consultant knows what questions to ask. If they start asking you about things that are clearly important but you hadn't even thought of yet (and probably wouldn't have) then they are on the right track.

6) A good consultant is very interested in building a long term relationship with you. They aren't a snake-oil salesman that just wants one quick hit. They'll be a mentor, teacher and coach. They'll tell you when you are wrong and be flexible enough to work with the idea that is, after all, yours.

7) They are good listeners.

8) They are appropriately professional. That doesn't mean you can't become friends with them and enjoy beers after a long day of work, but they'll bill you on time, deliver what they promise, respond to you in a reasonable amount of time and always extend to you a consistent level of professionalism.

The list could go on and on...

Following are a couple of other things to keep in mind.

If things don't go well with a consultant it's possible that you found a bad one, but it's even more likely (in my personal experience) that you were the problem. Consultants are good at getting you to think about the things you should consider but aren't miracle workers either. If you don't know what you want or really need, the consultant probably can't tell you. They'll still happily provide what you ask for but if you don't give them good info, or are a pain in the ass to work with (i.e. disorganized, thoughtless, slow to respond, ....), you won't get your moneys worth from them, so do yourself a favor when hiring someone, get it together and know why you are hiring them. A good consultant usually has several clients at a time so if you are a pain, they will fire you as easily and more quickly than you will fire them.

If you are ever thinking about hiring someone in a consulting capacity and have questions, feel free to drop me a line for a little help. Accountants and lawyers aren't the only ones you will need help from along the way so being open minded and a little savvy will do you worlds of good.

Update (1/26/2008): When I wrote this I overlooked a critical issue regarding your consultant, though indirectly touched on it when I mentioned them as a coach and teacher. That is that they should not only solve your problem/provide a solution, but should help you to ensure that solution is sustainable. i.e. they should be working them self out of that job. Then you are free to hire them to do something else as needed. If they don't, then a dependency can build up and that isn't why you hire a consultant. Pam, at escapefromcubiclenation.com, wrote a great post on this topic from the consultants point of view and I would highly recommend reading it.

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Tuesday, January 22, 2008

Entreprenurial Marketing

Unfortunately it's not enough to come up with great ideas and then build them. We have to actually get out there and tell people about our service, business or product too if we ever expect them to buy. When we start we envision great ad's from the likes of Budweiser, Coca-Cola and others, and recognize that spreading the words is essential for building a great brand, at least in terms of recognition. But we're entrepreneurs, we can't hire Madison Avenue or even a marketing person for that matter... or can we? There are great marketing people out there we can outsource to or hire as needed, though it behooves us to know a thing or two about what we need before we pay someone (the person you hire will appreciate that too, because a consultant worth their salt doesn't want to B.S. you). Alternatively, we can bite off the marketing work ourselves (bad idea) or, ideally, a combination of hired help and personal involvement (best idea).

A few steps that might help (all of these assuming you already have a viable product):

1) Do your research. What kind of marketing do you need? Online? Magazine, Grass Roots?

2) Define your target market, well. Seriously think about carving out a niche, not just "the whole world" assuming volume will overcome all (because not much business will likely come to you). You'll have better luck targeting "people who love German Shepards" than "people who love dogs." You'll save yourself a ton of money advertising to them too.

3) Find guidance. It's worth spending to get someone who really knows what they are doing. Marketing/Advertising is an art and a science, and the pro's are good at making it look easy, but it isn't, and if you don't know what you are doing it can cost you far more to try it on your own with less results than it will to hire a professional. (How to find someone good is Thursday's post.)

4) Understand the difference between Marketing and Advertising. (Tomorrow's post).


There are a million and one approaches to marketing and many of them are somewhat counter-intuitive so put your ego aside and get someone on board to help you or if you insist on doing it on your own prepare to spend a LOT of time learning, so get books, read on-line and study anything you can. Then be prepared for a painful learning experience. You can learn it, but the start is usually rough for most people who are brand new to marketing.

I personally know one marketing consultant and wouldn't hire anyone else though I know there are other good ones out there. Most of them will probably give you a free 30-60 minute meeting to help you figure out what you need (at a high level, don't expect them to give you all the answers) and some perspective. They'll also be figuring out if you are serious or a waste of their time so be prepared.

As a Marketing Reference:
Wendi McGowan
Wendistry, LLP.
www.wendistry.com

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