TNF #045: Choose status symbols wisely

Welcome Professionals…

…let’s face it: we live in a world of status symbols. It is just human to use either obvious or more subtle signals to convey a certain message.

This also applies to the consulting world. It is worth to take a closer look and choose status symbols wisely, though. Many top management consultants earn a good amount of money at comparably young age. They also mingle with executives at a much higher seniority which also earn a good amount of money. There is a temptation to show off some of the riches and success. Mind the pitfalls. Some of the most expensive accessories may have you look rather cheap.

Everything that is communicated too directly and too obvious is to be avoided. Classical examples are the golden Rolex watch, a necktie with Hermès logos or custom made shirts with your initials stitched on the front side, usually in high contrasting colors. Loud and obvious status symbols are for wannabes.

status symbols

If you want to make a statement that is more inline with the business model of a top management consultant, express a dedication to high quality and customized solutions. Just like your own products!

Keep an individual style. A custom made shirt should stand out through its superior fit, not through colourful monograms. A positive high quality signal is a good pair of welted shoes. Generally, do not wear visible logos in business attire. The ones who care for quality will notice in any case.

Talking about status symbols. A noble gesture of understatement is in most cases adviseable. We are in a service business where we want to let the client shine. And we want to put the focus on content, concepts, and ideas. Not on blinky accessories.

Happy shopping!

Malte

Thursday Night Flight is brought to you by Malte Müller Professionals. Sharing best practices for top management consultants on topics like communication, client handling, problem solving, appearance, and fitness. Check out www.mm-professionals.com for more material and free resources!

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