How does one become such a wise "consultant" fresh out of college with no real world experience?

It makes almost no sense to me. Why would seasoned business owners pay a 22-year-old fresh out of college with no real world job experience money for his "consulting" when the business owner has been doing business in the real world for longer than the new "consultant" has been alive?

Just because you read some textbooks in college, you are now a "Consultant" and you are more knowledgable than real world business owners with decades of experience???

When I think of the job "Consultant", I think of a veteran of the workforce with decades of experience giving sage advice. Not a boy that was just handed a paper diploma and got a job as a "Consultant" and thinks he knows everything about business.

3 Comments
 

2 main reasons:

  1. Sometimes you need an external perspective.
  2. A 20-year old will not sit alone with F500 CEO. A team will normally be [Partner, EM, Associate and 2 analysts]. The associate and 2 analysts will usually help the Partner and EM put the strategy the Partner and EM came up with. CEOs don't pay for the groundbreaking ideas of analysts and associates.. They pay for Partner and EM ideas.
 

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