So you reallywant to start your own Consultancy business from scratch !?
Here are some tips I hope will help:-
Identify your key skills – if you want to sell yourself as a Consultant the first thing you need to identify is the skills you possess which people will be willing to pay for. If you can’t do this don’t give up your day job.
Develop a Business Plan – don’t put it off because you can’t be bothered or don’t think it’s necessary. If you want people to take you seriously as a Business you need to start thinking like a Business.
Identify your target market – who are you going to sell your skills to ? – your current or former employer perhaps ? Former customers or suppliers, ex colleagues, business partners etc etc
Network – Develop your contacts, LinkedIn is great for this but don’t forget about your address book & business card collection.
Have a look at the Professional Contractors Group websitewww.pcg.org.uk – it has a fantastic free downloadable guide for freelancers/consultants.
If you still want to take the plunge this is perhaps the hardest step of all – You will need a MINIMUM of 6 months income in the bank before you start. Do not plan to earn anything from your Consultancy business for the first six months. If you really want to succeed with your own Consultancy business you will find this money. If you see this as too big a hurdle then sorry but Consultancy is not for you.
Look out for my new book “Start your own Consultancy – Now!”
1) What goes up MUST come down – I know it’s obvious but some people really believed it was possible for an economy to grow at 7% per year indefinitely – just ask the punters on the Shanghai Index.
2) Gordon Brown didn’t abolish boom & bust – but then we all learned that 7 years ago. Capitalism, for all its pros & cons, is inherently cyclical.
3) Every Market is interconnected – more so now than ever before, any crisis in China will be replicated to one extent or another around the globe.
4) No Government controls the market – whether its the State Capitalist Chinese or the Western Democracies – intervention is limited in its affect.
5) Transparency is a concern – Is the Chinese economy still growing at 6%, 5% or much less – no one knows & there is a distinct lack of trust in the data supplied by the Chinese government.
6) It will impact us all :- The Chinese economy is the second biggest market in the world & although exports vastly exceed imports the purchasing power of the Chinese middle classes will be severely curbed.
7) Social upheaval will follow – The political tensions in China will erupt (to one degree or another); The Chinese Government will struggle to keep a lid on the educated middle classes who have got used to continuous growth & increased wealth.
8) Capitalism is in crisis – as boom follows bust & vice versa Capital flows to the point of highest growth – leaving chaos in its wake.
9) What comes next ? – no one knows – but maybe we should be looking to develop a sustainable society based on full-filling human needs rather than continuously expanding Gross Domestic product ?
10) The sun still rises in the East, sets in the West & the world keeps on turning.
The global nanotechnology-based medical devices market is poised to grow at a CAGR of 11-12% from 2014 to 2019. The rapid surge in aging population, increasing international research collaboration, and increased government support for nanotechnology are the major factors driving the growth of the nanotechnology-based medical devices market.
This is one of the areas in which nanotechnology is set to make an impact and who’s use will grow exponentially & prove to be truly disruptive. It may not be long before, instead of going into hospital for major surgery we simply down a glass of nanobots which travel through the bloodstream to arrive at their pre-programmed destination to perform corrective survey without any disruptive invasive procedure.
Another exciting example of Nanotechnology is self-healing materials. These will be able to repair themselves by utilising tiny robots which live on or in the material itself. The Automotive industry is actively engaged in research to develop self -healing paints which will remain scratch free indefinitely.
Nanotechnology is a truly disruptive advance which is set to transform our world forever.
‘Understanding the human brain is one of the greatest challenges facing 21st century science. If we can rise to the challenge, we can gain profound insights into what makes us human, develop new treatments for brain disease and build revolutionary new computing technologies. Today, for the first time, modern ICT has brought these goals within sight.’
‘The HBP is working to develop a collaboration infrastructure, which would among other tools include network and cellular simulators, in-silico experimentation facilities, and the opportunity to execute the combination of simulator model and in-silico experiment on a supercomputer or computer cluster. During the project, the tools and the collaboration infrastructure developed by the HBP researchers will be made accessible for the entire neuroscience community. At the seminar, HBP researchers and external neuroscientists will explore the challenges, opportunities and implications of the HBP collaboration infrastructure, and formulate hypotheses, focusing on testing of cognitive tasks like spatial navigation and visual action recognition, that could be tested when the facilities has been developed.’
These developments once thought fantastical reflect the thoughts of pioneering futurist Ray Kurzweil who has talked about the idea of a ‘singularity’ – a point in time in the near future when the development of artificial intelligence reaches a point beyond which it is almost impossible to predict what will happen as humans combine with intelligent machines to produce a race of ‘super- humans’ capable of extended life with un-imaginable consequences. These ideas are both terrifying & exhilarating.
Once considered purely Science Fiction the Human Brain Project suggests that this truly disruptive technology may be closer than we think.
The Internet of Things edges closer at the Port of Hamburg. 40,000 vehicles move through the port daily & a smart network of sensors on roads & in parking places is helping to speed the flow. This is the Internet of Things (IOT) in a real world application. The system delivers real time information to a variety of computer systems enabling Logistics to be managed more effectively.
The real benefits will come with machine to machine communications completely independent of human input. This is the ultimate destination of the IOT & is truly ‘disruptive technology’.
Imagine in the near future the same technology will take direct control of your car during periods of heavy congestion, eliminating bunching & moving large volumes of vehicles inches apart at a constant speed.
The Internet of Things will change society forever & is another example of technology which causes a seismic shift.
In 1947 Engineers at Bell Labs invented the Transistor. This was followed up by a team at Fairchild Semiconductor who developed the Semiconductor Integrated Circuit (I.C) in 1958. Both examples of ‘Disruptive Technology’ which changed the world forever. The phones & computers we take for granted today would not have been possible without these developments.
The invention of the World Wide Web by Tim Berners-Lee in 1989 is another example of Disruptive Technology which brings about a seismic shift in society.
So what is the next Disruptive Technology ? In the next posts we will examine some of the emerging technologies which may change the fabric of society forever:-
Graphene – is an allotrope of Carbon which forms a 2D hexagonal lattice one atom thick. It is incredibly strong (100 x that of steel, by weight) & also very light & flexible. It is also incredibly conductive to both electricity & heat. The potential is enormous as a material to be used in the manufacture of aerospace & automotive components.
A number of U.K companies are involved in the development of Graphene including Applied Graphene Materials as are a number of Universities. In March George Osborne officially opened the National Graphene Institute in Manchester with a government grant of over £38 million.
Once Graphene is produced in industrial quantities its use will transform society with lighter, stronger structures in Aerospace, buildings & Automotive. to name a few. It’s electrical properties will revolutionise electronics. More efficient battery technologies will make electrically powered vehicles commonplace on our roads & its use in solar cell technology will lead to cheaper greener energy.
Graphene will Disrupt Society in ways bounded by our imaginations.
Cambridge start up Pragmatic I.C has received over 5 million GBP in funding from Cambridge Innovation Capital, ARM plc & others to develop flexible micro-circuits which may be used to embed computing power in everyday objects and bring on the Internet Of Things revolution.
The firm, whose circuits are ‘thinner than a human hair’ is already making prototype devices in its Cambridge facility & reckons its processes are scalable for mass production.
The ability to embed complex circuits in everyday objects which are not flat like clothing, automotive trim, airplane bodies & household items offers tremendous potential for the development of intelligent ‘things’.
Flexible circuits, in themselves, are nothing new in the world of Microelectronics, I remember working on printed plastic circuits 30 years ago at General Hybrid Ltd in Jarrow before the company was unfortunately declared bankrupt.
Potential problems with flexible circuits tend to revolve around component stability & reliability; hopefully PragmaticIC have this covered & they will go on to have tremendous success, having the backing of ARM plc, the U.K’s most successful ‘modern’ electronics company is a terrific bonus & their Innovation is to be admired.
Mercedes Benz has joined the herd of Automotive companies who have followed Google’s lead in developing autonomous (driverless) vehicles for use on public roads.
But where is the demand coming from ? Who actually wants driverless cars ? It may surprise but, according to a recent Government survey, over 46% of us do!
Maybe its the thought of an extra hours sleep on the daily commute or the desire to squeeze another couple of hours work time in our already busy days; perhaps we imagine driving on our congested roads will be more pleasurable if the car takes the strain instead of us – whatever the reasons there is no doubt that some time soon autonomous vehicles will be a common sight on our roads and the investment decisions of the major motor manufacturers will begin to make sense.
Once again Google will be praised by some & cursed by others, but there will be no denying the Organisations prescience.
It’s that time of year again when we’re all trying to peer into the fog of the future & predict what’s going to happen in 2015 & beyond. A good rule of thumb to employ is that if the person doing the predicting is described as an ‘expert’ then their forecast will inevitably turn out to be a load of codswallop.
This year has been an extremely exciting & challenging one for me personally. In January 2014 I signed a 12 month contract with Tata Technologies as Lead Engineer in Exterior Trim developing & bringing to production Jaguar Land Rovers’s Freelander replacement the new ‘Discovery Sport’.
In January I was based in TTL’s Coventry office but spent a lot of time at JLR’s Browns Lane plant in the West Midlands, historical home of Jaguar Cars & now utilised as a Pilot Plant for small scale production.
Walking into Browns Lane was a great experience personally as I met many old friends from JLR having worked on the Range Rover Sport Programme. Although it is a large organization employing many thousands its amazing how many people you get to know working on a project for 18 months.
The pilot build is known as VP build & this stage of the process is very much a learning process. Some trim parts are still not ‘off tool’ & its all about capturing issues via the Automated Issues Management system. This AIMs system is used to track issues & ensure the proper fix is put in place before closure. It provides visibility to Senior Management & its administration is one of the Lead Engineer’s key tasks along with developing engineering solutions & working with key suppliers to ensure timely delivery of quality parts. Most issues require a PACN (to support financial justification) & a Engineering Release to implement the change. As most Engineers are responsible for numerous parts time is rapidly eroded before its time for the next build – Hard Tool Functional Build (HTFB)
This build took place at JLR’s Halewood plant where the Discovery Sport is to be mass produced & which was to be my base for the next 8 months.
Halewood is a large plant which covers several square miles & employs over 8,000 people. Most of the Product Coaches & Line Engineers were involved in the Browns Lane builds so there were many familiar faces at Halewood as well as plenty new ones. Halewood is one of JLR’s centres of excellence & the Engineering knowledge here is second to none.
Over the next 8 months we embarked on a number of builds increasing in numbers & complexity. This is a very stressful period for all & the nearer Volume Launch approaches the pressure piles on.
It was with a mixture of relief & a great sense of achievement when Volume Launch in December was achieved and cars began rolling off the production line at a rate of one every 40 seconds !!
It is important to recognise the economic importance of this model; Tata have invested hundreds of millions of pounds in this venture which has created several thousand jobs at Halewood & employed hundreds of thousands in the wider supply chain. With JLR’s commitment to source 60% of parts within a 40 mile radius the importance to the Regional Economy cannot be underestimated.
To play a small part in this great venture & to help take the Discovery Sport from initial concept to volume production brings a great sense of pride & achievement. firstname.lastname@example.org