How to start a consulting business

Quick answer

This playlist explains how consulting firms earn money, starting with CNBC's look at McKinsey, then teaches the skills a solo consultant needs: strategy from Harvard Business Review, first client meetings and negotiation from Stanford GSB, pricing and invoicing. Play all on repeat as a course, or A–B loop one framework until it sticks.

Play all on repeat

Videos in this playlist

  1. 1How McKinsey Became One Of The Most Powerful Companies In The WorldHow McKinsey Became One Of The Most Powerful Companies In The WorldCNBCPlay from here Loop
  2. 2Kent Thiry: The Value of ConsultantsKent Thiry: The Value of ConsultantsStanford Graduate School of BusinessPlay from here Loop
  3. 3Is Consulting The Right Career For You? | Career CrushIs Consulting The Right Career For You? | Career CrushHarvard Business ReviewPlay from here Loop
  4. 4Is McKinsey losing its shine?Is McKinsey losing its shine?The EconomistPlay from here Loop
  5. 5McKinsey's Vik Malhotra Shares Leadership Lessons & Consulting Career AdviceMcKinsey's Vik Malhotra Shares Leadership Lessons & Consulting Career AdviceWharton SchoolPlay from here Loop
  6. 6What Is Strategy? It’s a Lot Simpler Than You ThinkWhat Is Strategy? It’s a Lot Simpler Than You ThinkHarvard Business ReviewPlay from here Loop
  7. 7A Plan Is Not a StrategyA Plan Is Not a StrategyHarvard Business ReviewPlay from here Loop
  8. 8The Explainer: The 5 Forces That Make Companies SuccessfulThe Explainer: The 5 Forces That Make Companies SuccessfulHarvard Business ReviewPlay from here Loop
  9. 9First Client Meeting: Best PracticesFirst Client Meeting: Best PracticesStanford Graduate School of BusinessPlay from here Loop
  10. 10How to Build a Freelance Career That Works for You | The Way We Work, a TED seriesHow to Build a Freelance Career That Works for You | The Way We Work, a TED seriesTEDPlay from here Loop
  11. 115 Steps to Building a Personal Brand You Feel Good About | The Way We Work, a TED series5 Steps to Building a Personal Brand You Feel Good About | The Way We Work, a TED seriesTEDPlay from here Loop
  12. 12How to Introduce Yourself — and Get Hired | Rebecca Okamoto | TEDHow to Introduce Yourself — and Get Hired | Rebecca Okamoto | TEDTEDPlay from here Loop
  13. 13The Secret to Successfully Pitching an Idea | The Way We Work, a TED seriesThe Secret to Successfully Pitching an Idea | The Way We Work, a TED seriesTEDPlay from here Loop
  14. 14How to know your worth and ask for it | Casey Brown | TEDxColumbusWomenHow to know your worth and ask for it | Casey Brown | TEDxColumbusWomenTEDx TalksPlay from here Loop
  15. 15Pricing Strategies for Uncertain Times | HBR IdeaCastPricing Strategies for Uncertain Times | HBR IdeaCastHarvard Business ReviewPlay from here Loop
  16. 16Margaret Neale: Negotiation: Getting What You WantMargaret Neale: Negotiation: Getting What You WantStanford Graduate School of BusinessPlay from here Loop
  17. 17What Successful Negotiators Do Differently | Kathryn Valentine | TEDWhat Successful Negotiators Do Differently | Kathryn Valentine | TEDTEDPlay from here Loop
  18. 18How to Shift from Freelancer to Business OwnerHow to Shift from Freelancer to Business OwnerUpworkPlay from here Loop
  19. 19Replay: How to Transform Your Services into an Online Business | FiverrReplay: How to Transform Your Services into an Online Business | FiverrFiverrPlay from here Loop
  20. 20Common invoicing mistakes in 2026 and how to avoid them | QuickBooks business tipsCommon invoicing mistakes in 2026 and how to avoid them | QuickBooks business tipsIntuit QuickBooksPlay from here Loop
  21. 21Owner's draw vs payroll salary: paying yourself as an owner with Hector Garcia | QuickBooks PayrollOwner's draw vs payroll salary: paying yourself as an owner with Hector Garcia | QuickBooks PayrollIntuit QuickBooksPlay from here Loop
  22. 22Grow Your Small Business Through Government ContractingGrow Your Small Business Through Government ContractingU.S. Small Business AdministrationPlay from here Loop
  23. 23How to Build an AI-Native Services CompanyHow to Build an AI-Native Services CompanyY CombinatorPlay from here Loop
  24. 24Is McKinsey losing its crown to AI?Is McKinsey losing its crown to AI?The EconomistPlay from here Loop
  25. 25How McKinsey Plans to Survive AI (and Reinvent Consulting)How McKinsey Plans to Survive AI (and Reinvent Consulting)Harvard Business ReviewPlay from here Loop
  26. 26How Do I Transition from a Corporate Role to Entrepreneurship? | Coaching Real Leaders | PodcastHow Do I Transition from a Corporate Role to Entrepreneurship? | Coaching Real Leaders | PodcastHarvard Business ReviewPlay from here Loop
  27. 27A business consultant at a NGO: What I learnt on my journey | Benjamin Weber | TEDxBerlinA business consultant at a NGO: What I learnt on my journey | Benjamin Weber | TEDxBerlinTEDx TalksPlay from here Loop
  28. 28Crowdsourcing for business education and business consulting | Vas Taras | TEDxGreensboroCrowdsourcing for business education and business consulting | Vas Taras | TEDxGreensboroTEDx TalksPlay from here Loop
  29. 29Innovus Consulting’s Catalina Valenzuela | Winning Business: Resilient Stories of Business OwnersInnovus Consulting’s Catalina Valenzuela | Winning Business: Resilient Stories of Business OwnersU.S. Small Business AdministrationPlay from here Loop
  30. 30Outstanding Encore Entrepreneur: NAVA Consulting GroupOutstanding Encore Entrepreneur: NAVA Consulting GroupSCORE MentorsPlay from here Loop
  31. 31Consulting In the Social SectorConsulting In the Social SectorStanford Graduate School of BusinessPlay from here Loop

How does a consulting business make money?

Consultants sell expertise and time. Many charge by the hour or day, others by project or monthly retainer, and some link part of the fee to results. Most new consultants start alone, win work through their network and past employers, and add people only once demand is steady.

How can RepeatWatch help me learn consulting skills?

Loop one framework, such as the five forces or a negotiation tactic, with an A–B loop until you can draw it from memory. Slow talks to 0.75× for notes, or review long panels at 1.5×, and save key chapters on keys 1–9.

Frequently asked questions

What should I learn first?

Begin with the overview videos on how consulting firms work, then strategy basics and the Stanford session on first client meetings. Pricing, proposals and invoicing come next. Licences, registration and taxes for consultants differ by country, so check your local rules early.

Do I need a big-firm background to start?

No. Many independent consultants come from industry, government or nonprofits and sell knowledge of one field. The playlist includes small-firm stories from SCORE and the SBA alongside the big-firm videos, so you can see both paths.

Is this legal, tax or financial advice?

No. These are educational videos from their publishers, not legal, tax or financial advice. Contracts, liability insurance and tax registration depend on where you work, so speak to a qualified local adviser before taking on clients.