Entrepreneurs often turn to consultants—be they accountants, lawyers, architects, HR specialists, marketing experts, or technology advisors—to resolve specific business problems. However, finding the right consultant can feel like navigating a maze. How do you ensure your consultant truly helps your business grow rather than holds it back?
The Common Challenge:
Hiring a consultant who genuinely understands your business, listens deeply, and gives unbiased, practical advice can be tough. Many consultants prioritize showcasing their expertise, highlighting problems, or focusing on fees, rather than delivering actionable solutions.
Common Mistakes Entrepreneurs Make:
Typically, entrepreneurs hire consultants based on:
– Immediate relief from pain points.
– Brand image or reputation.
– Affordability or personal comfort.
While understandable, these approaches often overlook the most critical factor: the consultant’s long-term fit with your business objectives.
Three Types of Consultants:
1. Growth Partner (Ideal Consultant)
– Deeply understands your business situation before recommending solutions.
– Provides clear, actionable advice, empowering informed decision-making.
– Focuses primarily on solving your problems, viewing fees as a by-product.
– Is proactive, offering strategic advice even when you haven’t explicitly asked
– Deliver value consistently—you’re delighted to recommend them to others.
2. Tick Mark Consultant (Average Consultant)
– Completes tasks to merely “check boxes” without genuine engagement.
– Struggles to deliver clear, practical advice, especially for complex issues.
– Lacks proactive involvement, typically offering only reactive advice.
– Does acceptable work, but lacks passion and ownership—you’re never fully satisfied.
3. Growth Stopper (Poor Consultant)
– Delays even straightforward tasks, requiring constant follow-up.
– Prioritizes personal gain above your business needs.
– Offers vague, unclear, or biased advice.
– Makes problems more complicated rather than solving them.
– Difficult to communicate with, resistant to change, and costly over time.
Why Choosing Right Matters:
Growth Stoppers and Tick Mark Consultants drain your resources—money, time, and opportunity—offering minimal returns. Their true cost extends beyond fees, negatively impacting your business growth and stability.
In contrast, a Growth Partner is an investment, not an expense. The value they bring far outweighs their fees.
Practical Advice for Hiring Consultants:
– Always aim to hire Growth Partners, even if their upfront fees seem higher.
– Conduct thorough reference checks with existing clients to ensure you’re choosing a genuine Growth Partner.
– Clearly communicate your expectations by sharing this article with potential consultants to set the stage for transparency.
– Seek consultants’ opinions about the three categories to gauge their self-awareness and alignment with your needs.
The bottom line: Great consultants are growth partners who help build your business proactively. Choose wisely, and watch your business flourish.