SnooperDuper
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Respectfully snipped and bolded by me -
You have provided great information to date SnooperDuper, but would appreciate a link to the bolded portions above.
Who is advising DM these days on the hanger and what are they advising?
Don't know who is advising DM, but he has liquidated 94% of his real estate holdings outside of the hangar. We know this from the real estate information that is in the press.
The MRO consultants approached WM? Or the other way around?
Did not know a consultant was an 'unemployed professional' restlessly roaming the earth - do you have a link to this conclusion?
I'm hoping my husband will go into consulting when he retires in 18 months - more as a hobby to keep him busy (and out of my hair) rather than full time employment which he has done enough of in his lifetime. Seems rather harmless to me but could use the advice if it's a mistake.
Tia
I don't think it matters at all who made first contact with who, but only who persuaded who in the end and how.
A consultant is not an employee, and only contracts to a company for a limited term. Consulting does not mean part time work for for an employer that pays wages and benefits. If you are a consultant your employer is you, and you pay your own wages by contracting to sell your skills to another company. If you do not sell, you do not earn, and you may as well go and get a job.
Keeping in mind that consultants are by definition, in part, salespeople, and that people like AS with a job title of Business Development Manager are undeniably sales people, sales is a large part of consulting.
One of the benefits of setting yourself up as CEO of a consulting firm is that you obscure all of your patchy employment by claiming yourself as your own steady employer. In an industry like the airline industry that cyclically purges a large number of jobs, setting up a consulting company is one of the few ways to make it appear that you have steady employment through your career, even if that is truly impossible within the industry because of strong boom bust cycles.
In other words, in industries like automotive, aviation, etc. being a full time consultant is just smoke and mirrors. Some of the time you are making twice the money in half the time of a job and at other times you are nothing more than an unemployed bum on extended vacation once again, but luckily your resume does not show that, because you are employed by you, even if you can't pay you.
That's why I joke that a consultant is an unemployed professional, because consulting can obscure gaps in employment and consultants can really be a special kind of aggressive salesperson. Or in other words, a consultant without a contract is no more than an unemployed professional.
Luckily the MRO consultants that hooked up with WM found a source of income in WM.
I have a a consulting co., brother does, father does, etc. so I gained this cynical perspective firsthand.