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Million Dollar Consulting Paperback – July 27, 2009

4.4 out of 5 stars 77 customer reviews

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Editorial Reviews

About the Author

Alan Weiss, Ph.D., is the founder and president of Summit Consulting Group, Inc., a global firm specializing in management and organizational development. Known as “The Rock Star of Consulting,” he has written 32 books that have been translated into 9 languages, and is the only nonjournalist in the 60-year history of the American Press Institute to be awarded its Lifetime Achievement Award. He is a member of the Professional Speakers Association Hall of Fame. Alan lives in East Greenwich, RI, with his wife, Maria. Learn more about the author at summitconsulting.com and contrarianconsulting.com
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Product Details

  • Paperback: 400 pages
  • Publisher: McGraw-Hill Education; 4 edition (August 17, 2009)
  • Language: English
  • ISBN-10: 0071622101
  • ISBN-13: 978-0071622103
  • Product Dimensions: 6 x 0.9 x 9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (77 customer reviews)
  • Amazon Best Sellers Rank: #28,827 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Amazon Customer VINE VOICE on October 22, 2009
Format: Paperback
I have purchased and read all editions of this book, and always find both the updated as well as the basic information extremely valuable (see my previous reviews of some of Weiss' books). While my reviews don't indicate it, I have all his books. Although some are very derivitive of his basic ideas, if I were to recommend one book (of all the consulting books, as well as all of Alan's), this would be it. The methods he describes are basic, but I attribute the use of them to my ability to stay a full time (or really "part time" as Alan defines it) consultant for over 13+ years. I am not a 7 figure/year consultant, and have no desire to be, but nevertheless, find the material continues to contribute to my success in this field. I have given or pointed others to this book, and those who follow even some of his advice, especially value-based pricing, have also become successful. Let's be honest, if you get one good piece of advice that you apply, the cost of the book is irrevalent. Certainly when compared to workshops, seminars, one-on-one coaching, etc. If you're disciplined enough to use the information, you will greatly improve your practice. And if you're already doing that, he nudges you to continue and improve. Alan covers other key topics such as forget cold calling and drive business to you by newsletters (snail and e-)which I use to great effect, white-papers (especially for beginners), articles in trade journals / magazines, books (including self-published, but not vanity), targeted ads, public and professional speaking, etc., and reusing / reformatting / "repacking" that body of knowledge to get extensive milage from your initial effort. He does or has used all these methodologies himself (there's no theory here), and has become very sucessful.
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I have been in consulting for some 15 years and have learned hard lessons by trial and error. I wished I had found this book when I made my first attempt to consulting 15 years ago. The book is packed with the best advice to really build a million dollar practice. I have started already to cut fat, my two former partners are gone, do not need them to work, do not need to share my income with them, from now on if I need help it will be on a project basis. Though there are lots of advice and wisdom in this book. I found the chapter on Value Based fees to be the best part of the book. I had come to some practical methods of determinig my pricing, I have always used ROI to sell my projects, but I have not used the ROI to come up with a decent pricing, always have been able to give a 10-1 ratio from every dollar I have received or more, but now are staring to see the benefits of selling big tag projects to CEO's directly, without the need to put hourly-or -per diem fees.
I recommend to all to read throughly the parts on answering objections. Those are great advice and will be very useful to change the minds of CEO's and avoid being down priced by the peanut counters that all finance dept. have.
This book and a great book on negotiation from Herb Cohen - You can negotiate anything! will be a good match to get you moving specially if you are new in this business. Another and very important book for start ups is: The Four Steps to the epiphany by Steve Blank. I wished I had read it first before doing anything, basically what Blank tells you in the book is test your product/service idea first with real prospects in a real market.
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Alan definitely has a lot of consulting experience. He comes off a bit brash and arrogant at times, but in a way that you'd like to be with 30+ years under your belt. For example, he describes subcontractors as "the delivery people...who are a dime a dozen" as if they are almost sub-human, even saying "don't let them read my book."

The book has some great information, BUT, it is incredibly verbose. What Alan takes 10 pages to describe could easily be boiled down into 10 sentences or less. This book could easily be half its size. I find myself waiting for him to get to the point multiple times. Don't get me wrong, I appreciate the information he is conveying, I just wish he could do it more succinctly and matter-of-factly.

My other complaint is that there is a noticeable amount of content seemingly copied wholesale either from or into his other books. Sometimes it's a paragraph here and there, but occasionally it seems like an entire chapter is repurposed from another of his books word for word. He even uses the same euphemisms over and over in all of his books, sometime with only slightly different context.

Other than that, however, there is good information here for anyone looking to get away from hourly billing and into a value-based system, so it has value in that regard.
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This book provides a remarkable overview of the business of solo consulting. Weiss' book neatly packages objectives, strategy and tactics in a way that inspires and provides direction. There is lots to be learned by consultants at every level of experience. For some it will open their eyes to a new way of thinking and doing business, and for others it will reinforce and validate their current practices.

Highly recommended. A reminder, this book has no value sitting unread on a bookshelf. If you buy it, make a commitment to reading it twice. Once to enjoy and understand his message, and then a second time to consolidate the information and make notes on the actions you need to take.
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