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The BizChix Podcast:  Female Entrepreneurs | Women Small Business | Biz Chix

601: 5 Mistakes Even the Smartest Consultants Make

The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix

Natalie Eckdahl

Entrepreneurship, Business, Management

4.8630 Ratings

🗓️ 9 November 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

Did you know that 50% of small businesses never complete their 5th year of business? In order to build an enduring business, you need to make sure it’s enjoyable, profitable and sustainable.  

Today, I’m sharing the 5 biggest "mistakes" that even the smartest consultants make that can stop them from building an enduring business. 

Join me in this episode to hear how you can continue to build wealth and grow a sustainable business that lasts. 

⭐️ Connect with Natalie on LinkedIn.

💫Apply for 1:1 Coaching with Natalie

✨ Learn more about working with Natalie in $ix Figures Lab and CEOCHIX.

Episodes Mentioned:

Transcript

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0:00.0

Did you know that 50% of small businesses never complete their fifth year of business?

0:11.2

At Bizchicks, Inc., we are committed to your success and to helping you create an enduring

0:17.1

business that is enjoyable, profitable, and sustainable. Over my career, I've had the

0:23.4

opportunity to work with some of the most intelligent and interesting consultants. First,

0:29.0

as a team member and now as a coach. Today, I'm sharing five mistakes even the smartest consultants

0:36.3

make. After I worked for a PR firm and a general contractor as a

0:44.8

marketer, as a marketing coordinator, and then a market research agency, I got my MBA at Southern

0:52.4

Methodist University, and that was in 1999.

0:55.3

So long, long ago.

0:57.6

After I completed my MBA, I started my dream career as a management consultant.

1:03.6

In that role, the firm I worked for would be engaged by large corporations, most often

1:09.7

multinational corporations, for a multi-month engagement.

1:15.6

Some projects were even year-long projects. I would fly to the client site and work with a team

1:22.9

which combined consultants and our clients' employees. Following that work, I spent time as a freelance

1:30.6

consultant, and sometimes I joined project teams and other times. I filled a role in an organization

1:37.6

where they had a temporary gap. As a coach for women entrepreneurs at BizChicks, I have worked with

1:43.0

consultants from many different

1:44.9

specialties, serving clients that range from small businesses to large corporations, as well as

1:51.8

nonprofits and government agencies. I've had the opportunity to work with consultants around the

1:57.6

world from the United States, where I live, to Canada, to the UK, Europe, Australia,

2:03.7

and even South Africa. Our current client roster includes HR consultants, non-profit consultants,

2:11.2

leadership consultants, operation consultants, and more. One of the best parts of working with a coach

...

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