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I own a small steel company…I tried consulting and want to keep doing it…need advice!

Title: Navigating the Shift from Steel Manufacturing to Consulting: Seeking Guidance on Building a Sustainable Consulting Practice

As a seasoned professional with a deep-rooted background in the steel and manufacturing industry, I transitioned from being the owner of a small steel company, which I managed since the late 1990s, to exploring consulting opportunities a few years ago. This experience led me to work with three distinct clients, all of whom operate within the manufacturing sector. However, my journey in consulting has been marked by both intrigue and frustration, particularly concerning how these clients found me.

One client discovered my services through LinkedIn, a result of my proactive prospecting efforts. I reached out, connected, and followed up multiple times, with the breakthrough coming after my fourth email. This approach yielded one meaningful connection among hundreds of outreach attempts. Conversely, two other clients approached me without direct outreach. They found me a year after I had been promoting a podcast and recalled my insights, ultimately reaching out when they needed consulting services—even though I wasn’t actively marketing myself at that time. The final client was an old friend who, after a casual conversation about sales training ideas, chose to hire me.

While I enjoyed the work and appreciated the break from the daily grind of buying and selling steel, I found the consulting process to feel largely unpredictable. It hinged on random factors such as timing, luck, and existing relationships resurfacing. I don’t typically view myself as a “consultant”; rather, my expertise lies in understanding steel procurement, sales strategies, process optimization, and training—areas where I have extensive experience.

However, I struggle with articulating my value proposition effectively. Phrases like “I help manufacturing companies” feel too broad, while more specific descriptions risk sounding like a sales pitch. This ambiguity leaves me uncertain about how to establish a consistent and repeatable consulting practice.

For those who have succeeded in building advisory or consulting businesses within niche or less glamorous industries, I seek your insights. How did you cultivate a steady flow of clients without relying on chance connections, unsolicited discovery, or overwhelming content creation? Which strategies proved effective in generating consistent business, and what tactics ultimately fell flat?

Your experiences and advice would be incredibly valuable as I navigate this transition and work towards establishing a sustainable consulting practice in the manufacturing sphere.

bdadmin
Author: bdadmin

One Comment

  • Thank you for sharing your thoughtful reflection and experiences—your background in steel and manufacturing certainly provides a strong foundation for consulting within that niche. Building a sustainable practice often hinges on clearly articulating your unique value proposition, which in your case is grounded in deep industry expertise rather than broad, generic statements.

    One effective approach could be to develop a targeted messaging strategy that emphasizes specific outcomes you deliver—such as optimizing procurement costs, streamlining production processes, or boosting sales performance—linked directly to pain points your clients face. Instead of trying to appeal to a broad audience, focus on crafting compelling case studies or success stories that highlight tangible results you’ve achieved in similar contexts. This not only showcases your expertise but also builds credibility and trust.

    Additionally, establishing a consistent client pipeline can be facilitated through strategic networking—think industry associations, speaking engagements, or webinars related to manufacturing efficiency—that aligns with your niche. Building relationships with industry influencers or participating in forums can also increase your visibility as a trusted authority, making inbound inquiries more frequent and predictable.

    Lastly, consider creating a professional online presence—such as a website or LinkedIn content series—that consistently demonstrates your insights and understanding of manufacturing challenges. This positions you as a go-to resource, helping attract clients who are actively seeking industry-savvy consultants.

    Transitioning from sporadic project work to a steady consulting business can take time, but by focusing on clarity in your messaging and strategic relationship-building, you’ll develop a more predictable and sustainable flow of clients. Best of luck in refining your

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