Consulting is an industry that is often shrouded in mystery and misconceptions. Despite its popularity and prevalence in the corporate world, there are still many myths surrounding consulting that can deter talented experts, particularly people of color, from pursuing this type of career. In this article, we'll debunk five common myths about consulting and shed some light on what consulting is really all about.
Myth #1: Consulting is all about spreadsheets, data, and endless talking.
While many consultants navigate their fair share of Excel and Zoom meetings, that's not the end all be all for most. Consulting involves working with clients to solve complex business problems, which requires a broad range of skills, including communication, research, critical thinking, and problem-solving. Consultants may create dashboards, write reports, facilitate retreats, coach leaders, manage projects, and develop staff. The possibilities are limitless.
Myth #2: You need an advanced degree to be a consultant.
While an advanced degree such as an MBA can be helpful in many roles, it's not a requirement. Many successful consultants come from various backgrounds, including engineering, economics, political science, education, and communications.
Myth #3: Consultants work long hours and have no work-life balance.
While consulting can be a great fit for individuals with business backgrounds, there are other paths to success in this field. Consulting firms often seek out individuals with diverse backgrounds and experiences to bring new perspectives and ideas to their clients.
Myth #4: Consulting is only for people with business backgrounds.
While consulting can be a great fit for individuals with business backgrounds, it's not the only path to success in this field. Consulting firms often seek out individuals with diverse backgrounds and experiences to bring new perspectives and ideas to their clients.
Myth #5: All consultants work for large consulting firms.
While large consulting firms like McKinsey and Deloitte are well-known in the industry, many small and mid-sized consulting firms offer unique and specialized services. Consultants who opt to work independently may also join consulting collaboratives or agencies such as thebsuite.co to access additional support and resources without the hassles of a permanent role at a firm.
Consulting is a diverse and dynamic industry that offers a wide range of opportunities for individuals with various backgrounds and skill sets. By debunking these common myths about consulting, we hope to encourage more people of color to consider pursuing a career in this exciting field.