Why choose Friction Point Consulting LLC (FPC)?
As an entry offer, FPC is offering the gains potential of hiring a consultant without the financial risk. Instead of upfront costs, we accept payment through profit sharing/retainer fees, so FPC only benefits if your business benefits.
Learning Organization
FPC is currently focused on learning over profits. As a part-time consultant and MBA student, I am looking for real world application to my courses and prepare FPC for future success.
Shared Success through Collaboration
As profit sharing/retainer fees is the core of FPC incentives program because I believe it promotes collaboration between consultant and client and supports FPC’s vision of “Passions to Profits”. This platform minimizes risk to potential clients while maximizing potential for long term beneficial consultant/client relationships.
Trust and Communication
We seek to provide intentional analysis and feedback that is personalized to the client and described in a way that empowers clients to make decisions. Transparency is our bedrock and FPC is designed to educate just as much as it is to offer recommendations.
“Leaders at critical points of friction, making decisions, giving purpose and direction, drive success”
Opportunity Analysis Roadmap
This plan is ideal for established organizations looking for in-depth analysis and experimentation. Below is a general roadmap of what to expect when working with FPC. (We will utilize the Scientific Method)
01.
Personalized Business Assessment
We begin with a comprehensive understanding of your business model. This includes a 1-2 hour meeting where we want to understand your business ideas, model, competition, obstacles, and goals.
Observe/Question
02.
Initial Analysis (Research)
Through analysis of client provided data, we will seek to find data trends that help tell the story of your business and identifies areas of opportunity to be researched.
Research
03.
Initial Analysis Brief (Hypothesis Generation)
After initial analysis, we will deliver our findings and recommendations during a brief to an audience of your choosing. This will brief will include current data and agree upon what applicable hypothesis to test.
Hypothesis Generation
04.
Experiment/Hypothesis Testing
Once you decide on business application recommendations, we will design experiments based on our recommendations to test effectiveness of applications while minimizing risks.
Experiment/Hypothesis Testing
05.
Experiment Evaluation Report
After experiments are complete, we will deliver a final report of the success or failures of the experiments and give a final brief/case study report to your business.
Draw Conclusions/Report
06.
Future Collaboration
This step is the step where we hope FPC has gained your trust. Together we will analyze the increase in profits based off the recommendations and accept fair payment for our services (ONLY TIPS DURING INTRODUCTIONARY TIMEFRAME). We will also look to negotiate future collaboration at your request.
Collaborate for Future Success
Minimizing Costs While Maximizing Potential
With multiple payment options, our goal is to find a plan that fits your needs and maximizes potential.
Start-Up/New Business
Perfect for owners wishing to take ideas from drawing board to market in 6-12 months.
Multiple Options Available
+
Initial Meeting
+
Bi-Monthly Meetings
+
Clear and easy to follow path to market.
Opportunity Analysis
Ideal for small business owners who are already running, but looking for ways to improve systems, strategy, marketing, or revenue production.
Multiple Options Available
+
Best option for active small businesses.
+
Tailored advice and hypothesis testing.
+
Generally accounts for 50+ consulting hours.
Retainer
Retainer package is perfect for businesses who want continuous support but do not necessarily need the in-depth analysis of the Transformation Plan.
$750
per month
+
1 strategy meeting a month
+
Monthly Report
+
Generally accounts to 10 Consulting hours.
We are currently looking for three current businesses to test our Opportunity Analysis system with. The service will be free, all we ask is for feedback and reviews.
New Business/Start-Up Collaboration
Our mission when working with new businesses is to create a long-term partnership that enables continuous growth. Timeframes will differ, but our goal is a 6-month GTM plan.
Initial Meeting:
During the initial meeting, we will seek to gain the insights of your business ideas, understand your experiences and potential, and give honest feedback of how our professional relationship should work. We will also agree on a compensation program (part ownership, profit sharing, lump sum, or retainer).
Business Model Design and Strategy Development
Once we understand your ideas and business potential, we will conduct market research and create a plan to get your business from idea to market. We will conduct two meetings a month during this phase.
- Strategy Meeting: This meeting is where FPC briefs clients on our research and provides recommendations and next steps.
- Progress Meeting: This meeting is for clients and FPC to share their progress on steps from the Strategy Meeting and serves as another opportunity for clients to bring questions and concerns/opportunities to FPC.
Go to Market Brief (GTM Brief)
The GTM Brief will occur around the 6-month mark and based on when FPC and client agree that the business model is prepared to be fully implemented. At this point FPC will switch to monthly Strategic Meetings for the first two years before switching to quarterly progress meetings and special meetings by request.
Friction Point Consulting LLC 