Defeating the Bear Market for Independent Consulting Projects
Managing a portfolio of independent consulting work is akin to managing an investment portfolio. Just like in the equity markets, there are bull times and bear times for independent consultants – and a good performing project is worth more in the bear times than in the bull times. There are some important lessons from investment theory that can be applied to managing a project portfolio. You may not be able to eliminate a bear market for project demand, but a diversified stra