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How a Startup Consultant Can Impact the Growth of Your Startup

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How a Startup Consultant Can Impact the Growth of Your Startup

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  1. How a Startup Consultant Can Impact the Growth of Your Startup Running a startup is both exciting and exhausting. The possibilities are countless, though you'll be confronted by new and tough challenges at almost every turn. The biggest challenge that a start-up faces is attaining and maintaining growth. Growth is something that every business has to focus but when it occurs unpredictably, or at a rate that a business can't handle, it can create problems. Whether your start-up is just getting off the surface or you have taken flight already, a start-up consultant can assist you to navigate your start-up to the next level. A consultant is an expert in what they do. They have ample of training, and they have the requisite knowledge about the latest techniques and business tactics for moving a business forward. They might have worked with other startups as well and have experienced the similar challenges of your business. In Kenya, startup event consulting services are very well may have a good understanding of the industry in which you are in, and they may also have the idea of what challenges and opportunities are waiting for you at the next turn. Is hiring a start-up consultant for your start-up a good idea and what makes a start-up consultant the right one? The main thing is that a start-up consultant can be unpredictably useful, but one has to select only those start-up consultants who has worked with other start-ups in recent the past. Today most of the startups in Kenya have to deal with the reality of hiring start-up consultants to execute their technology offering. Though, this may not hold good for every start-up in Zimbabwe, as it depends upon their stage, traction, founders etc. With every start-up decision that you will make, there will be benefits and drawbacks to whichever alternative you choose. In the event of hiring a start-up consultant, this aspect is especially pronounced. What a Consultant can do for your start-up: 1. salary and being an employer (which has its own legal obligations and formalities). If you work with trustworthy Africa startup consulting services, you will not feel that they are a disposable component of your business but a reliable partner of your business. Hiring a startup consultant will end your worries about paying someone a permanent

  2. 2. Your startup is your baby. You cherish your start-up just like a mother cherishes her baby. This very component of emotion may be very helpful - as it motivates you to go forward by overcoming the obstacles in your path. They can offer an independent, fresh and educated perspective on your Start-up idea. A startup consultant offers an unbiased advice which you can't receive from others. For instance: You cannot independently measure the strengths and weaknesses of your product; Your relatives and friends may lie to you or falsely praise your start-up idea. They can do anything, as they don't want to see you bursting into tears. The most helpful and competent person here would be some compassionate sociopath: someone who will tell you the bitter truth without humiliating you but to help you to get the right vision quickly. This is possible if you consider hiring Kenya startup consulting services. Their own negative and bad experience provides a base to realize when things are going wrong early enough - which may prove precious to you. 3. stunned how different the project actual cost can be from what you have imagined. And "different" generally means several times bigger. For an instance, the cost of launching your project under the best possible condition is not more than half of the amount you require to invest into development - only to prove your hypothesis. Now, add administrative and marketing expenses, travel, paid services etc. Initially, those things remain unseen but they emerge in course of work. A start-up consultant can quote a realistic budget for launching your product: You will be

  3. Start-up consultants have already been there and very much aware of the actual cost of different start-up inputs requirements - so you can hand over the budgeting work to start-up consultants without hesitation. 4. experts of the start-up industry. They are the key people you need even before you have started building your actual product. Start your customer development with these experts and be ready to get quality feedback. After that, you will require engineers, designers, lawyers and HR. When you reach market/product fit, you will require bloggers, journalists, and other influencers. And only after that, you may enjoy a cup of tea or coffee with an angel. Connect you with useful people: First people you need are not the investors but the 5. of your company, it provides your greater flexibility to have a sole control over the conditions of their work and fee. There is no concept of Minimum wage policies applicable for independent consultants, and their terms of engagement can be customized to your company's specific requirements. It takes a long procedural process and a longer timeframe to recruit full-time employees as compared to consultants. Also, if their services are no longer needed, it's much easier and simpler to terminate a consultant rather than terminating an employee. Greater flexibility: Since start-up consultants are not the whole or part-time employees 6. your company, your company need not bear full responsibility and accountability for their actions on the job. This helps in risk reduction and company's risk profile is always remain positive. Lower liability risk for their actions: Again, since consultants are not the employees of What a Consultant Can't: Expense: Some start-up consultants charge handsomely to type up a few page routine business analysis. Hiring a consultant for your start-up can easily get out of hand, financially speaking. Thus, it's very important to pick a consultant from a reputable African startup consulting services agency that your company can actually afford. Losing Control over Strategy: Some consultants can be overly supporting and be adamant on doing things their way, even though if it is sometimes disadvantageous to company's reputation or market growth. Therefore, when a consultant gives you a list of recommendations, it's very important to understand the evidence and logics behind those conclusions. This will very useful in avoid implementing the wrong strategy.

  4. Other relevant concerns: The consultant may not be available always. Other priorities and clients may affect your capability to meet deadlines. Your understanding of the consultant's potential may be incomplete and could affect the reputation and/or success of your organization. Given that the person is a start-up consultant, they are totally not bound to work for you. You can't legally force consultants to do something that you might expect from your employees. Unless and until you are paying the consultant extremely well, start-up consultants are expected to juggle one or two projects and consequently, you may not have the undivided attention of the consultants. Also, it is very tough to build company culture and some of the other unseen things of having your own in-house employees around start-up consultants. Though it's a bitter truth but some of the consultants may not really care about your start-up.

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