Working As a Consultant

Discussion in 'Self Employment' started by Louis Ruiz, Jan 26, 2015.

  1. Louis Ruiz

    Louis Ruiz New Member
    Registered

    Joined:
    Jan 24, 2015
    Messages:
    7
    Likes Received:
    3
    What are your views on working as a consultant?

    If you have had previous experience within a high-demand field and have advanced degrees, you may consider becoming a consultant after retiring.

    There are fields where long-term experience is valuable, such as litigation, finance, IT and others.

    If you are too busy to job-hunt, you could join a headhunter or job placement firm. This way you maximize your chances to avoid time-wasting due to applying for mediocre jobs, since they usually represent companies paying a good salary.

    They do take a cut of your earning, but on the bright side, they can find you good opportunities due to having access to a large database of companies that may happen to need your skills.
     
    #1
    Last edited: Jan 26, 2015
  2. Joss Brown

    Joss Brown New Member
    Registered

    Joined:
    Jan 23, 2015
    Messages:
    20
    Likes Received:
    12
    I have worked as consultant in the past. I had worked in the medical insurance industry for 25 plus years. I used that experience to do various freelance and consulting work. I do have a BS degree, but it's in a field totally unrelated to my job experience. I worked in the insurance industry to put myself through college and stayed after I graduated. Insurance paid more.

    I also have great computer skills and knowledge. I'm self taught. I used to read most of the computer magazines and listen to computer radio shows. I used that knowledge to help healthcare providers especially physicians and chiropractors.
     
    #2
  3. Richard Lee

    Richard Lee Member
    Registered

    Joined:
    Jan 25, 2015
    Messages:
    56
    Likes Received:
    29
    I was a consultant for most of my career - over 25 years in fact. I do it differently these days - now I do IT and writing projects - I have clients that send me requests for articles that I write: Recently I wrote articles on nano-technology, on designer shoes, on supplements, on LED lights and on selling a business. It's fun, researching and writing. I get about 1c USA a word for docs from 500-1500 words on average. All done from home outside of school times (I home school my kids). The IT stuff is for projects, but take a lot more time and carry much more risk (and more return too!).

    A simple money earner for retirees is teaching native English over Skype. Several companies do it, and it can be arranged at times to suit as its global. I have friends that have done this.
     
    #3
    Last edited: Jan 27, 2015
  4. Pat Baker

    Pat Baker Well-Known Member
    Registered

    Joined:
    Jan 22, 2015
    Messages:
    877
    Likes Received:
    459
    I am in the insurance industry as a independant producer for several companies. I have worked as a consultant to help people attempting to get their disabiltiy from the social security department where my insurance background was very useful. Being a consultant has worked well for me.
     
    #4
  5. Harrison Greenberg

    Registered

    Joined:
    Jan 25, 2015
    Messages:
    43
    Likes Received:
    16
    I have worked as a consultant for part of my career, around 10 years. And I do admit it was good, and I really appricate the experience since I was so good at it. I think that because I have the experience, I'd have more chances on raking in the bigger coorporations with bigger pay. Besides how hard could it be to just sit around and talk to people?
     
    #5
  6. Corie Henson

    Corie Henson Very Well-Known Member
    Registered

    Joined:
    Jun 11, 2015
    Messages:
    2,906
    Likes Received:
    2,419
    My husband had retired when he reached 50 but he accepted when offered a consultancy job. His schedule is a 9 to 5 office work but only twice a week. That leaves him time for his other endeavors. I can see that he is enjoying his occupation very much because he is popular with his colleagues and his job has no pressure at all.
     
    #6
  7. Ruth Belena

    Ruth Belena Active Member
    Registered

    Joined:
    Jan 28, 2015
    Messages:
    290
    Likes Received:
    166
    There are things I can help others, with as a volunteer, which I have done in the past and may do again after retirement.

    The best thing about working a consultant after retirement, apart from the money it brings in, is that you choose how many hours you want to work and how much leisure time you want to have.

    I only wish I had the knowledge to rake in a lot of money as a consultant, for doing very little apart from giving out business advice.
     
    #7

Share This Page