Referrals are a great way to get introduced to a new client. A potential client is much more likely to take advice from someone they know and trust rather than trying their luck on someone entirely new. To ask for a referral, approach a client you've successfully worked with before.
Consultants who work for consulting firms provide their services to client companies on behalf of their employer . They are full-time employees of the firm and they have the benefits typical for employees, so they are not independent contractors. They aren't considered employees of any client companies, however.
Leverage your professional network, join industry-specific job boards, and attend relevant conferences and events. Utilize LinkedIn to showcase your expertise and connect with potential clients. Additionally, consider working with staffing agencies that specialize in contract placements.
Identify who you serve and craft an ideal client profile. Identify how you serve and build your value proposition. Outline your consulting process in detail. Partner with established experts in your niche to share insights. Create your own content, and share it far and wide.
While it's difficult to provide an exact acceptance rate for McKinsey job offers, it is estimated to be around 1-2% of applicants. However, the acceptance rate can vary significantly based on individual performance and the specific office and role being applied for.
Jobs at MBB firms are famously difficult to land and are among the most sought-after positions for MBA students at top schools. The acceptance rates for these firms is less than 1%. Applicants to top business schools are also far more likely to be accepted into MBA programs if they come from an MBB.
Strategy consulting is considered to have one of the most competitive recruitment processes in the world. In fact, McKinsey & Co reportedly receive about 200,000 applications per year and hire only ~1.1% of candidates.
Wrapping It Up: How To Get Consulting Clients Create an online presence that attracts the right kind of clients. Craft a stellar pitch. Handle a discovery call to ensure you and a client are the right fit. Write a winning proposal.
Use these steps to help you get your first consulting contract: Consider your areas of expertise. In order to book a contract, you need to know what areas you can train in. Target companies in your area. Meet with the owner. Prove your knowledge. Get the contract. Ask for a referral and testimonial.
There are three paths to become a strategy or management consultant: Attend a top-tier undergraduate school Attend a top-tier MBA or other advanced degree program Get hired as a working professional, also known as an experienced hire Consulting firms do the majority of their hiring from top undergraduate and MBA ...