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  • 1.  Hanging out a shingle...?

    Posted 10-25-2016 16:58

    The fact that I know of and use that old idiom probably is symptomatic of my issues.

    I'm a P.Stat who got into biostatistics by way of biomedical engineering and computational neuroscience. I like the work, and am employed full-time at it, but I'd like to do some consulting on the side. Not only for extra money, but also to explore areas outside of clinical data. 

    However, I'm not quite sure how to start.   It seems a simple formula: find a niche I can serve, contact companies in that niche, etc. But finding that niche eludes me. 

    And I'm not sure how to differentiate myself in this climate of "big data." 

    Any advice, commiseration, warnings?

    Thanks!

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    Mitchell Maltenfort
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  • 2.  RE: Hanging out a shingle...?

    Posted 10-26-2016 11:01
    Two brief comments. When you write "find a niche I can serve, contact
    companies in that niche, etc." you are proposing what most business
    people call the "cold call". The cold call is a low yield strategy
    because you almost never find the right person at the companies you are
    calling and when you do find the right person, you find them at the
    wrong time.

    It's much better to get the clients to come to you. You do this by
    increasing your visibility. Just as one example, I volunteered to run
    the Kansas City R Users Group, and it has led to several new clients
    approaching me for help. There's lots of other strategies for increasing
    your visibility: giving talks, writing a blog, encouraging your friends
    and co-workers to spread the word.

    The other thing is that you may not know what your niche is until you
    start working at it. You'll find that you tend to attract certain types
    of clients more frequently or that you enjoy working with certain types
    of clients or that you work most efficiently with certain types of
    clients, or that you do not have a lot of competition for certain types
    of clients. That's how you discover your niche.

    So if you don't know your niche yet, start with anyone and everyone
    until your niche discovers you.

    Steve Simon, blog.pmean.com

    ------Original Message------

    The fact that I know of and use that old idiom probably is symptomatic of my issues.

    I'm a P.Stat who got into biostatistics by way of biomedical engineering and computational neuroscience. I like the work, and am employed full-time at it, but I'd like to do some consulting on the side. Not only for extra money, but also to explore areas outside of clinical data. 

    However, I'm not quite sure how to start.   It seems a simple formula: find a niche I can serve, contact companies in that niche, etc. But finding that niche eludes me. 

    And I'm not sure how to differentiate myself in this climate of "big data." 

    Any advice, commiseration, warnings?

    Thanks!

    ------------------------------
    Mitchell Maltenfort
    ------------------------------