Technology Consulting Business

6 Tips For Starting A Successful Technology Consulting Business (2024)

Pat Walls

•

Updated: January 19th, 2023

Want to start your own technology consulting business? Here are some tips you should know:

Learn more about starting a technology consulting business:

Where to start?

-> How much does it cost to start a technology consulting business?
-> Pros and cons of a technology consulting business

Need inspiration?

-> Other technology consulting business success stories
-> Marketing ideas for a technology consulting business
-> Technology consulting business slogans
-> Technology consulting business names

Other resources

-> Profitability of a technology consulting business

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a technology consulting business:

#1: Nikhil Punwaney, founder of DeepBench Inc.:

We chatted with with Nikhil, founder of DeepBench Inc. ($100K/month). In our interview, Nikhil says:

Make your product excel at what it is meant to do and then people will start to consider you an expert. You don’t have to be the best at everything, just be the best at what you choose to do.

Additionally:

Don’t embark on the journey alone. I’ve always found the ups so much more enjoyable by being able to share them with others, and the downs so much more bearable by having others to shoulder them with.

Read the full interview ➜

#2: Pat Mack, founder of PVM IT:

We chatted with with Pat, founder of PVM IT ($600K/month). In our interview, Pat says:

Without question - starting, sustaining, and growing a business is one of the most challenging professional undertakings entrepreneurs will face

Read the full interview ➜

#3: David Bishop, founder of Agile Worx:

We chatted with with David, founder of Agile Worx ($40K/month). In our interview, David says:

I soon realized that the real opportunity was not in the software tool that I had built, but the knowledge behind it. At this point, I realized that I needed to focus on building a training program.

Additionally:

Networking is something that doesn’t come easy for many people especially techies, but its a skill you MUST develop. The more you do it the better you get. Results are a numbers game, the more people you meet the better chances you have of meeting potential clients.

Further:

Keep your day job as long as you can before jumping ship. Build as much of the product, MVP, or book, or whatever it is before quitting, and be sure to have at least one customer, preferably more.