Stop Building Startups. Start Consulting Instead.

Last week, a few readers emailed me wanting to hear more about why I started a consulting business and how to get started with one. So if you’ve ever thought about starting a consultancy, this article is for you. Many people equate entrepreneurship with building venture-scale startups. But startups are only one of many ways to approach entrepreneurship. In fact, startups are probably the most difficult option you can choose. Startups often don’t turn a profit for a long time because they prioritize growth instead. This is unsustainable for folks who have a family to feed or don’t have a lot of savings. Furthermore, many founders don’t realize at what pace startups have to grow to justify venture funding. In Andrew Chen’s book The Cold Start Problem, he says that venture-scale companies had to hit specific milestones in order to be in a position to IPO: <a href="https://medium.com/@_michaellin/stop-building-startups-start-consulting-instead-8c3980d6a214">Visit Now</a>