Why Hire Consultants When You Can Have Your Own Board Of Advisors?

Apr 1, 2018

Most business owners hire expensive consultants when they need outside help to improve their business. Usually the consultants are skilled at solving one problem at a time — and you need multiple consultants to solve multiple problems at one time to eventually achieve target revenue growth objectives.

The last thing you want to be doing is spending your valuable time managing (sometimes even “babysitting”) consultants, whose goal is to bill you to the extent that they can, to maximise their time in solving your challenges.

Why not simplify your business decision-making and rent your own high-impact board of advisors, who truly care about your business, and are not billing you per hour or per day?

Consultants vs. Your Own Advisory Board

Consultants Your Advisory Board
  • Usually hired after a problem is costing you money
  • Narrow in focus, no context to big picture
  • Increased billing expense based on increased project scope
  • Your valuable time used to manage them
  • Their goal is often to extend the project, which extends your payment to them (always searching for more work)
  • Your own dedicated and committed board members
  • Starting from a focus on your strategic objectives
  • Identify, diagnose, and prioritise strategic problem-solving
  • Strategy first, tactics second
  • Reasonable monthly fee
  • Recommendations to source specific experts for specific growth issues

A carefully selected Advisory Board customised to your business, which truly cares about your success, without any hidden agendas, can give you significant leverage over your competition.