How to build a profitable business as a Business Consultant

In our new on going segment, My Start up Life - How to build a profitable business as a Business Consultant, I will be talking with entrepreneurs and other professionals about building a business, the challenges they face and the benefit of owning their own business.

This week, we’re interviewing Business Consultant Tunde Alabi. Tunde is a professional and successful business consultant. Over the past few years Tunde has continued to inspire many entrepreneurs and has been instrumental in helping them to crave out their own unique identity within the business world and has helped turned many start-ups companies into successful businesses.


Interview Questions:

1. Could you describe what you do?
I support the growth of businesses by helping clients to identify their current and future position, then putting in place a plan of action that is meaningful, viable and will help them to arrive at their stated objectives and help them to achieve their goals.

2. What has been your most challenging moment in business, and how did you deal with it?
Having to advise a client about the closure of their businesses is a very difficult process for me. Although you know that the business is their livelihood, the reality is that it does not make much economical sense for the business to continue trading. The turning point in such instances is helping the client to understand the financial distress that can often occur and pointing a way forward in terms of alternatives. Sometimes in life uncertainty can create a wealth of opportunities and most times it is just about looking at an alternative plan of action.

3. What goals or plans do you have for the future of your business?
I hope to continue to sustain a high level of client satisfaction with clients which in the long run should lead to more quality referrals and open up a world of business opportunities for me.

4. What advice would you give to people just starting out in business and want to become a Business Consultant?
Firstly, ensure that you have the right qualification and accreditation. Gain experience (which can be unpaid) in a particular sector and understand how it works. Develop interpersonal skills such as presentation, communication, time utilisation, active listening and the consulting process to mention a few....Seriously To become a successful business consultant, you must prepare yourself and make sure you have all the right qualities for the type of field or market you hope to break into!

5. If someone wanted to learn a bit more about you, how can they get in touch or build a business relationship with you?
I can be contacted at tunde.alabi@bllondon.co.uk or you can always reach me on 07779 717 151.

6.Finally, where has your work been featured and how did you make it happen?
I am always invited to mentor, coach, give presentations, and write articles and offer opinions or advice to the SME Sector for various organisations and companies. Recently I have also conducted a presentation to the LCBT