Capvision Review

Have you been invited to participate in a paid consulting call with Capvision through LinkedIn or an email and are wondering whether it’s a legitimate opportunity or a potential scam? Our Capvision review will introduce you to this powerhouse Chinese expert network and explain how to land brief, high-paying consulting projects.

What is Capvision?

Capvision logo

Capvision is the largest expert network in China. It is part of a rapidly expanding $2 billion industry that facilitates primary research into products, companies and markets.  Capvision connects connects its clients – primarily financial services firms and management consultants – with experts in the field, such as doctors, scientists or businesspeople to help them set strategy, evaluate potential investments, or perform due diligence on a possible transaction. 

Expert network companies, like Capvision, recruit subject matter experts from a wide variety of industries to provide clients access to specific industry knowledge and insights. The client and the expert typically connect during a one hour ‘consulting call’, where the client will want to rapidly learn your perspective on how things really work in your field, get your opinion on key players, and your thoughts on how trends will play out.  Capvision arranges more than 150,000 consulting calls a year and pays experts an average of $230 per hour to speak with their clients!

Capvision was founded in 2008, and is the largest expert network in China by revenue, according to a study by Frost & Sullivan. The company has grown its top line by more than 30% annually over the past several, years, reaching 676 million RMB (approximately $106 million) during the first 9 months of 2021; it earned an enviable 199 million RMB ($31 million) during that period. The company filed to go public in Hong Kong during early 2021, but then paused those plans. It is expected to refresh the offering in 2022, raising an estimated $300 million.

The firm is headquartered in Shanghai, with offices in Beijing, Suzhou, Shenzhen, and Hong Kong. Capvision entered the U.S. market in 2019 via an office in New York City. Though the U.S. currently contributes only 5% of total revenue, Capvision is growing quickly here and the IPO proceeds will help fund further expansion.

Is Capvision a scam or a legitimate opportunity?

Capvision experts by industry
Capvision facilitates a high volume of expert consulting calls across a wide variety of industries.

Capvision is not a scam.  The 14 year old company is China’s largest expert network, and it is rapidly expanding its presence in the United States. The company maintains relationships with 395,000 experts in China and the U.S., across a wide variety of industries, functions and experience levels. During the first nine months of 2021, Capvision facilitated a whopping 134,000 one-hour consulting calls between 37,000 of these experts and its 1,400 clients at prominent financial institutions, consulting firms and global corporations.

Capvision employs a small army of associates who are dedicated to recruiting experts to apply for client projects. Your introduction to Capvision will often be a LinkedIn message or email from one of these associates, inviting you to share your expertise with their client during a highly paid one-hour consulting call.  While this opportunity may sound too good to be true, it may just be your ticket an easy, engaging and lucrative source of secondary income. (Of course, it’s wise to be prudent when responding to strangers on the Internet.)  

One thing you should be cautious about is the company’s unusual use of exclusivity clauses in its agreements with its consultants. This can prevent you from working with other expert networks, significantly limiting your expert network consulting earning potential. Capvision has discontinued the use of exclusivity provisions in the United States, but it is still part of their standard agreement in China and other markets.

What to expect on a Capvision consulting call

Capvision’s clients want to rapidly take a deep dive into a topic and get perspectives with strong firsthand knowledge of a product, company or market. Clients are typically investment funds considering an investment or management consultants helping to formulate a strategy for their own clients. They to learn more from the people who know the research subject the best, so they turn to Capvision to connect them with former employees, customers, vendors, and competitors.

Expert networks like Capvision often endlessly search through Linked and their internal database to find prospective experts who may be a good fit for an active project. If you seem to match the criteria, a Capvision associate will reach out to you via LinkedIn, email or a phone call to invite you to briefly chat with them. During an introductory call (or email chain), they will tell you more about Capvision and the project, as well as learn a bit more about your background and qualifications.  Keep in mind that the associate generally has very limited knowledge of the topic that the client is researching – their main job is to find qualified experts.

If it looks like you may be a good fit for the client’s requirements, the associate will invite you to create an online profile with Capvision and provide a few short answers to questions about your experience with the research topic of the project.  In addition, the associate will ask you to set your hourly rate for the call (more on that in a moment!) and provide a handful of time slots that are convenient for you.  Creating your profile and applying for your first project may take 30 – 60 minutes of your time, but responding to future project invitations usually only requires 5 – 10 minutes of your time.

The associate will present your information, along with other profiles, to the client, who ultimately decides which experts they’d like to speak with.  If you’re selected, the associate will send you a calendar invite during one of the time slots that you provided. The timeframe from initial invitation to client call is generally just one or two weeks.

Whether or not you were selected for the project, you’ll probably start hearing from Capvision on a somewhat regular basis about additional projects where you may be a good fit. In the meantime, you can increase your chances of being chosen for a project by following these tips.

Setting Your Capvision Hourly Rate

Sharing your expertise via Capvision can pay quite well.  You’re providing valuable information that often is a meaningful factor in a multi-million dollar decision, so clients will gladly pay hundreds of dollars (or more) for an hour of your time without blinking an eye. The 100 most active experts with Capvision each earned over $30,000, on average, during 2021.

Experts who consult through Capvision charge hourly rates starting at $79 (500 RMB), with a few elite-level executives charging as much as $10,000! According to Capvision’s IPO prospectus, the average hourly rate in 2021 was $230 and 83% of experts received $236 or less. (At risk of stating the obvious, this means that 1 in 6 experts are charging more than $236/hour.)

There are a number of factors that go into setting your expert network consulting rate but the two that matter the most are how much of an authority are you on the topic and how many other people could they find with similar expertise.  For example, if the client is determined to speak with former senior finance executives of a specific company who left their position between 6 and 18 months ago and you are the only person who fits that criteria, you’ll have significant leverage in setting your rate.  On the other hand, if you have widely available experience, such as how to select and implement popular software packages, Capvision will likely only present experts with more modest hourly rates to the client.

So, with that, some rules of thumb in setting your rate:

For early career professionals, you’ll usually be able to land projects if you charge $100 – $200 per hour; director level or similar professionals can expect $200 – $300; more senior executives  often command rates of $350 – $700. To establish a bit of a track record, you may want to start out with a more moderate rate for your first few client calls and then seek a rate increase.

How to ace your Capvision consulting call

Capvision consulting calls are often engaging, concise and convenient. You’ve been selected for the project because the client is eager to get your insights and opinions on a topic that you already know extremely well, so you don’t need to do anything to prepare. And once you hang up the phone, your work on the project is done – there is no follow up and no deliverables.

Client calls tend to be highly conversational, and about work that you’ve been doing for years and likely know like the back of your hand.  What may seem like boring and mundane questions to you, such as how purchasing decisions are made or budgets get allocated, can be thrilling nuggets of information to the client.  

You’ll be asked to provide a bunch of available time slots for the client call when you apply for the project, and the associate will send you a calendar invite for a time that matches up with the client’s availability. Find a private space with a good phone or Internet connection to dial-in to the conference line for call. Capvision does not attend the calls, so it will just be you and the client (who may have several people on the line).

Prior to the call, you will be asked to review Capvision’s compliance policy and complete a brief online compliance training to ensure that you understand that no propriety or confidential information should be shared during the call.  At the start of the call, the client may read a disclosure statement to you and ask you to affirm that you agree to it, as well.  This is for both your protection and the client’s.    If you are unsure if a piece of information is ok to share, simply say so and they will gladly move on to the next question. 

The client will set the agenda for the call, which typically start with brief introductions. They’ll come prepared with specific questions for you, which are sometimes quite broad (‘talk to me about the main players in your industry’) or very specific (‘what factors went in to you choosing Vendor X vs. Vendor Y’).

Some clients already have deep expertise on the subject they’re speaking with you about, while in other cases you may be the starting point of their eduction. Give crisp, specific answers. Most clients love when you can provide precise numbers and they tend to lap up examples and rules of thumb. Don’t be afraid to say that you don’t know the answer to something if that’s the case – they don’t expect you to know everything and will simply skip to the next question on their list.

What’s Next?

Capvision pays experts via your choice of bank transfer, WeChat Pay or Alipay following completion of the client call. The company has a good online reputation prompt payments.

Once you’ve created a profile with Capvision, you’ll likely start receiving regular invitations to participate in additional projects.  Be sure to keep your profile up to date as you change jobs or add skills and expertise so that your name is at the top of the pile for the most relevant projects.

You can submit your profile to Capvision here.

FirstThought Review

Have you received a LinkedIn message, email or phone call inviting you to participate in a paid consulting opportunity with FirstThought?  Are you worried if this is a legitimate opportunity or just a scam? Our FirstThought review shares what to expect, how much you can earn and how to land high-paying hourly consulting projects with this upstart expert network.

What is FirstThought?

First Thought logo

FirstThought is an expert network, specializing in life sciences and healthcare. The company connects investors and management consultants performing in-depth research with experts in the field, such as physicians, researches, administrators from throughout the healthcare, insurance and therapeutics fields.  FirstThought’s network covers most aspects of life sciences and healthcare, including niche areas like market access, regulatory affairs, and reimbursement.

Like most expert networks, FirstThought’s primary way of connecting clients with industry experts is a one hour ‘consulting call’.  Clients will rapidly take a deep dive into the research topic during these calls to get your viewpoint on how things work, what your opinion is of key players, and your thinking on how trends will play out.  Rates FirstThought consulting calls usually start at several hundred dollars per hour and can climb significantly higher if you have specialized or hard to find expertise.  FirstThought also arranges paid surveys, events and more traditional consulting projects for its clients..

FirstThought was founded in 2020 by several alumni of Guidepoint, one of the largest expert networks. The company is headquartered in New York City and employs approximately 50 people, according to LinkedIn.

Is FirstThought a scam or a legitimate opportunity?

FirstThought is not a scam.  The two year old company is a fast growing expert network, which connects subject matter experts in the life sciences and healthcare industries with its clients such as investment managers and management consultants.

Your introduction to FirstThought will generally be through a call, email or LinkedIn message inviting you to participate in a high-paying consulting opportunity. While you should always perform due diligence on lucrative offers from strangers on the Internet (which may be what brings you to this FirstThought review!), working with FirstThought may be a great way to create a lucrative source of additional income by simply sharing your expertise.

What to expect if you consult with FirstThought

FirstThought’s suite of research and consulting services

FirstThought’s clients are performing primary research as part of an investment decision, due diligence process, or to formulate a new strategy. They want to speak with people who have deep first-hand knowledge of the product, company or market that they are looking at to help shape their thinking or get feedback on their hypothesis. Experts are typically former employs, customers, vendors, competitors, or key influencers (such as prescribing physicians) of the research subject. Clients will often want to speak with a handful of experts to get different perspectives.

Once a project has been created with FirstThought, an associate will start recruiting potential experts to speak with their client. LinkedIn tends to be the most popular tool for sourcing expert consultants.

If your profile seems to match what the client is looking for, the associate will reach out to you with a brief note, inviting to have a brief call so they can tell you more about FirstThought and the project they are working on, as well as learn about your qualifications and background.  Keep in mind that the associate usually has limited knowledge of the topic that the client is researching – they are mostly trying to gauge your fit with the client’s requirements.

If you’re interested in the opportunity and look like a good fit, there are three brief steps to formally apply for the project.

First, you’ll need to complete a brief profile about your background; this will help you land future projects with FirstThought as well. Expert networks want to know what you know aren’t terrible interested in your soft skills. So, unlike your resume, make sure you are very specific and liberally use keywords and product and company names. A good rule of thumb is that if you could give a quality 30 minute presentation on something (such as how you selected a vendor or allocate budget) you are likely qualified to participate in an expert network consulting call on this topic.

Next, there will be a few short screening questions about the project you are applying for. You just need a few sentences to answer these, but again be as specific as possible. The client will want to know that you have strong firsthand experience with the topic they want to speak with you about.

Finally, you’ll set your hourly rate for the call (more on that in a moment!) and provide a handful of time slots that are convenient for you. 

All of this should take you less than an hour, and once you’ve applied for your first project responding to additional invitations should only take you 5 – 10 minutes.

The associate will present your information, along with other profiles, to the client.  They’ll often select a number of people to talk to so that they get different perspectives.  If you’re selected, the associate will send you a calendar invite during one of the time slots you’ve provided and it’s off to the races.

Setting Your FirstThought Hourly Rate

Conversations with FirstThought clients tend to be interesting and engaging, plus it’s rewarding to be considered an expert. But what’s even more exciting is the high hourly rate you can charge for sharing your expertise!  Your insights will often help shape a multi-million dollar decision, so clients will gladly pay hundreds of dollars (or more) for an hour of your time.

The two key factors that go in to finding your ideal FirstThought rate are how much of an authority are you on the topic and how many other people could they can find who have similar expertise.  For example, if the client wants to speak with a former senior finance executive of a specific company and you are the only person who fits that criteria, you’ll have significant leverage in setting your rate.  However, if there are dozens or hundreds of people with similar expertise to you, then experts with more affordable rates will generally have a leg up in being assigned to the project (and the associate will often steer them in that direction).

While ever situation may differ a bit, here are some rules of thumb for setting your expert network consulting rate:

If you’re earlier in your career or have knowledge that’s easily found, you’ll usually be steered towards $100 – $200 per hour; director level or similar professionals can expect $200 – $300; very experienced professionals and senior executives  often charge rates of $350 – $700. Some experts can land projects at rates of $1,000 or more per hour, though these tend to be reserved for elite-level experts, such as Fortune 500 executives, specialized physicians or former elected officials. If you’re new to FirstThought or expert network consulting, it’s generally a good plan to put your rates towards the lower end of your target range to make it easier to land your first few projects. It’s not hard to negotiate a higher rate with just a short track record.

For paid surveys, you’ll be presented with the fee when you are invited to participate; $40 – $70 is typical for a 10 – 20 minute expert network survey.

How to ace your FirstThought consulting call

Consulting projects with expert networks like FirstThought are extremely concise and compact.  You provide your availability – which may include before or after work or during your lunch hour. Since you’re talking about what you’ve been doing day-in and day-out for years, you don’t need to do anything to prepare for the call, and once you hang up the phone, your work is done – there is no follow up and no deliverables.

Consulting calls tend to be very conversational, and about topics that you likely know like the back of your hand.  Many calls do deep dives into somewhat droll topics where your explanations can cause wide-eyed excitement for the client, such as purchasing decisions or budget allocation.  

The client will come the call with an agenda and a crisp set of questions for you. Calls will generally start with brief introductions and a couple minutes of small talk to build rapport. Generally, the client will want rapidly download your industry knowledge to help them confirm or challenge their understanding of a company, industry, or product of interest.  Your insights are usually a key factor in a significant strategic or investment decision.

Prior to the call, you will be asked to review FirstThought’s compliance policy and brief compliance training to make sure you understand that no propriety or confidential information can be shared during the call.  You’ll often be asked to affirm that you understand the compliance policy at the start of the call as well, and a member of the client’s compliance department may even listen in to the call or read a transcript after it is completed.

This is for both your protection and the client’s.  The entire expert network industry was nearly destroyed by a major insider trading scandal over a decade ago, which has fortunately led to the development of robust compliance policies and procedures.   Clients are tightly monitored by their own firms and don’t want to receive non-public information which could prohibit them from making a planned investment or lead to disciplinary action within their firm.  If you are ever unsure information is ok to share, simply say so and the client will simply move on to the next question. 

What’s Next?

FirstThought will process your payment shortly after you complete your call or survey – no clunky invoicing or chasing down multiple clients for payment. Be sure to keep your profile updated for additional consulting opportunities!

If you’d like to become a FirstThought expert and haven’t yet connected with an associate, you can indicate your interest here.

Techspert.io Review

Have you received an invitation to participate in a paid consulting opportunity with techspert.io via an email, phone call or LinkedIn message?  Wondering if this is a legitimate opportunity or perhaps a scam? Our Techspert.io review will shed some light on what to expect and how to land high paying hourly consulting projects.

What is Techspert.io?

techspert.io logo

Techspert.io is an expert network – a rapidly growing industry that facilitates primary research into products, companies and markets.  Techspert.io connects investors and management consultants looking to quickly perform in-depth research with experts in the field, such as doctors, scientists or businesspeople.  

Like many expert networks, techspert.io’s primary product offering is the one hour ‘consulting call’ between the client and the subject matter expert.  During these calls, the client will want to rapidly take a deep dive to gain your perspective on how things work, get your opinion on key players, and your thoughts on how trends will play out.  Rates for an hour of your time on a techspert.io consulting call generally start at several hundred dollars per hour and soar substantially beyond that for highly accomplished or in-demand experts.  The company also facilitates paid surveys.

Based in Cambridge, England by two University of Cambridge alumni, Graham Mills and David Holden-White, both of whom started their careers in life sciences.  The firm was originally named Biotechspert, reflecting its focus on biotechnology and healthcare.  However, it rebranded itself techspert.io as its industry coverage broadened. 

techspert.io is one of several emerging expert networks (along with Atheneum, proSapient and NewtonX) that tout their use of artificial intelligence to better identify potential experts and categorize their areas expertise.  

In 2021, techspert.io announced a $12 million funding round from BGF and Nauta Capital; this follows $6 million in previous venture capital investment.  The company claims to have recorded more than 150% annual growth in 2021 and recently opened its first international office, in Texas.

Is techspert.io a scam or a legitimate opportunity?

techspert.io is not a scam.  The six year old company is a rapidly growing expert network, which connects its clients – typically investors or management consultants – with subject matter experts.

Most commonly, your introduction to techspert.io will be an email or LinkedIn message from an associate, asking you to participate in a highly paid one hour phone call their client.  While this opportunity may sound too good to be true (and you should always use caution when responding to strangers on the internet), it may just be your ticket an easy, engaging and lucrative source of secondary income.  

Occasionally, you may receive a project invitation that seems wildly off-the-mark, which some have dubbed ‘techspert.io project spam’.  The company relies heavily on its AI software to source experts, though it sometimes produces inaccurate results.  Some simple fine-tuning to your LinkedIn profile can help reduce project spam and help you get noticed for more high-paying project opportunities with techspert.io and other expert networks.

What to expect if you consult with techspert.io

techspert.io reviews
techspert.io has garnered mostly positive online reviews

techspert.io’s AI software continuously scans a wide range of online data sources to identify potential experts and categorize their expertise.  The company claims to have over 200 million experts in its network, though it has likely interacted with just a tiny fraction of a percentage point of them. While it may incorporate data from a large variety of sources, LinkedIn is still probably the most important and likely the venue where an associate will first try to connect with you.

If it looks like you may be a good fit for an active project, the associate invite you to a brief phone call to tell you a bit more about techspert.io and the project they are working on, as well as learn a bit more about your background and qualifications.  Keep in mind that the associate generally has very limited knowledge of the topic that the client is researching.

If you’re interested and it looks like you may be a good fit for the client’s requirements, the associate will invite you to fill out a profile and project questionnaire, where you’ll need to provide specific one or two sentence answers about your experience with the research topic of the project.  In addition, the associate will ask you to set your hourly rate for the call (more on that in a moment!) and provide a handful of time slots that are convenient for you.  It may take you an hour or so to set up a profile and apply for your first project, but from there responding to additional invitations should only take you 5 – 10 minutes.

The associate will present your information, along with other profiles, to the client.  They’ll often select a number of people to talk to so that they get different perspectives.  If you’re selected, the associate will send you a calendar invite during one of the time slots you’ve provided and it’s off to the races.

If you weren’t selected for the project, don’t worry— now that your profile is in the techspert.io system, you’re more likely to be contacted for future projects. In the meantime, you can increase your chances of being chosen for a project by following these tips.

Setting Your Techspert.io Hourly Rate

One of the most appealing parts of consulting for techspert.io is the high hourly rates that you can charge.  You’re providing valuable information that often is a meaningful factor in a multi-million dollar decision, so clients will gladly pay hundreds of dollars (or more) for an hour of your time without blinking an eye.

There are a number of factors that go into the rate that clients are willing to pay to speak with you, but the two key ones are how much of an authority are you on the topic and how many other people could they find with similar expertise.  If they are determined to speak with a former senior finance executive of a specific company and you are the only person who fits that criteria, you’ll have significant leverage in setting your rate.  However, if there are dozens or hundreds of people with similar expertise to you, the client will usually look to speak with experts with more affordable rates (and the associate will often steer them in that direction).

So, with that, some rules of thumb:

For early career professionals, you’ll generally land the assignment at $100 – $200 per hour; director level or similar professionals can expect $200 – $300; more senior executives  often command rates of $350 – $700. Some experts can command fees of  $1000 or more an hour, however, those rates are uncommon and are generally only available to elite-level experts, such as Fortune 500 executives, specialized surgeons or former elected officials. It’s not a bad plan to start out at a more moderate rate to build a little bit of a track record, then negotiate a higher rate for further calls.

For paid surveys, you’ll be presented with the fee when you are invited to participate; $40 – $70 is typical for a 10 – 20 minute survey.

How to ace your techspert.io consulting call

One of the best part of consulting with techspert.io is that your work requirements are extremely concise and compact.  You don’t need to do anything to prepare (though infrequently clients will send you something to review and discuss on the call) and once you hang up the phone, your work is done – there is no follow up and no deliverables.

Calls tend to be highly conversational, and about work that you’ve been doing for years and likely know like the back of your hand.  What may be droll and mundane for you, such as talking about purchasing decisions or budget allocation, can be thrilling nuggets of information for the client.  

You can expect that the client has come prepared with specific questions as a result of their own in-depth research on the topic they’ve contracted you to speak on. Clients use expert networks to rapidly download industry knowledge (via your many years of experience!) in order to confirm or challenge their understanding of a company, industry, or product of interest.  Your insights are usually a key component of a strategic or investment decision.

Prior to the call, you will be asked to review techspert.io’s compliance policy and brief compliance training to make sure you understand that no propriety or confidential information can be shared during the call.  You’ll often be asked to affirm that you understand the compliance policy at the start of the call as well.  

This is for both your protection and the client’s.  Though the expert network industry was marred by a major insider trading scandal over a decade ago, it has long since developed stringent compliance policies and procedures.   Clients are tightly monitored by their own firms and don’t want to receive non-public information which could prohibit them from making a planned investment or lead to disciplinary action within their firm.  If you are unsure if a piece of information is ok to share, simply say so and they will gladly move on to the next question. 

What’s Next?

Techspert.io payments are made via ACH via TransferWise.  The company has a good online reputation for prompt payments.

You’ll likely start receiving invitations to participate in additional techspert.io calls and surveys.  Be sure to keep your profile up to date so that your name is at the top of the pile for the most relevant projects.

If you’re not already working with techspert.io and would like to join their expert database, you can register as an expert here.

Maven Research Review

Has Maven Research reached out to you via LinkedIn, email or phone call with an invitation to participate in a paid consulting engagement? Wondering if it’s a legitimate opportunity? Here’s what to expect, what rate to charge, and how to land high paying micro-consulting opportunities.

What is Maven Research?

Maven Research logo

Maven Research bills itself as “the world’s largest micro consulting company.” Maven connects professionals with deep expertise in a product, company or market with clients – generally investors or management consultants – who are conducting deep research into that topic.

Though Maven works hard to brand itself as ‘not an expert network‘ it’s hard to find much differentiation between Maven’s approach and the traditional expert network model. The firms recruiters generally seek out qualified experts for client projects from the firm’s database, LinkedIn, referral and other sources, inviting them to participate in a brief 1:1 phone calls with their client. Experts tend to be former employees, customers, competitors, or influencers (such as doctors or former government employees) with strong and current first-hand knowledge of the research subject. Experts can often hundreds of dollars per hour for participating in client calls (more on setting your Maven consulting rate in a moment!) without any need to prepare or follow up.

Maven Research also offers paid surveys, and occasionally larger projects.

Founded in 2008, Maven Research is a solid mid-tier expert network with offices in San Francisco and Portsmouth, New Hampshire (editor’s note: my absolute favorite New England town!). Though it has much smaller project volume than industry heavyweights GLG or Guidepoint Global, in-demand experts do receive a handful of call and survey invites from Maven each year.

The company raised $1 million in a seed round financing back in 2010, led by vaunted venture capital firm Accel Partners. Cofounders Mark Platosh and Wyatt Nordstrom still lead the company.

Is Maven Research a scam— or a legitimate opportunity?

Maven Research has been around for more than a dozen years. It is a legitimate company, and certainly not a scam. Maven is one of the more established firms in the soaring expert network industry, which comprises several hundred firms around the globe and is expected to generate $1.9 billion in annual revenue.

Maven Research reviews

While Maven Research is not a scam, it has a growing reputation for problems with its payment processes that are worth noting. Maven recently introduced a third party identity verification process, as a condition for paying experts, that does not function well. (While online identity verification is becoming more common, I have not been asked to verify myself with any other expert network.). I have personally been unable to complete the verification process successfully, which has blocked my payments, and note a meaningful number of online complaints about similar experiences. Maven’s customer service is overly automated, and did not help me resolve the problem despite several email exchanges; it is challenging to find a support phone number for Maven. Responses posted to similar online complaints, purportedly by Maven’s CEO, have been juvenile and dismissive.

What to expect if you consult with Maven Research

Your first introduction to Maven is often via a message on LinkedIn, where an associate will try to pique your interest with an invitation to participate in a paid consultation request. While being offered a high hourly consulting rate to just have a brief phone call with a client can should too good to be true, working with expert networks like Maven is the rare exception to that rule! (If you’re looking to attract more of these opportunities, check out our recommendations for optimizing your LinkedIn profile to increase your chances of being recruited for a project by expert networks.)

Maven associates will generally want to schedule a brief call with you to introduce themselves, the firm, and the project. If you’re interested and a good fit with the project, you’ll be invited to create a profile on the Maven platform and answer a few short screening questions about the project. The screening questions help the associate (and ultimately the client) gauge your fit for the project. Your answer to each question just needs to be a thoughtful sentence or two demonstrating your familiarity with the subject of the call.

You will be asked to review a compliance document to make sure you understand that no propriety or confidential information can be shared during the call. Finally, you’ll have the opportunity to specify your hourly consulting rate and provide your availability for a client call.

The Maven associate will submit your profile and responses to the client for their review. If the client would like to speak with you, you will receive a calendar invitation for the call during one of the time slots that you provided. The entire process from initial invitation to client call generally takes about a week.

Setting Your Maven Research Consulting Rate

One of the most enticing parts of expert network consulting with a firm like Maven Research is the lofty rates that you can charge! While the associate will likely provide some guidance on where to set your rate, your pricing is ultimately up to you. You deliver highly concentrated and valuable knowledge during these calls, so don’t be afraid to reflect that in your rate, though you should try to get some sense of where you are pricing yourself out of the opportunity.

Scarcity (how many other people have similar experience and expertise), recency and seniority are the key factors in how the expert network and its clients will view your rate.

If you are an early career professional, $100 – $200 per hour is a typical starting point. Director level professionals can expect to charge $200 – $300, while Vice President and C-level executives frequently command rates of $300- $500+. Some networks boast of paying experts $1,000 an hour or more, though that rate is usually only accessible by elite level professionals, such as Fortune 500 CFOs, former elected officials or highly specialized physicians.

For paid surveys, Maven Research usually offers a flat rate of $40 – $70 for a 10 – 20 minute online survey.

How to ace your Maven Research consulting call

Getting paid a high rate to share your expert opinion can sound intimidating, but you’ll often find calls to be quite easy and engaging. You don’t need to prepare for calls – the client wants to know about the area you’ve been working in for years. Things that seem mundane or even droll to you, like how you allocate budget or make a purchasing decision, can often be fascinating nuggets of information to clients who are trying to understand how a business really works.

The format of most calls is highly conversational, and you should be able to easily answer most questions without giving them too much thought. (And when you don’t know the answer, that is a perfectly acceptable answer as well. Don’t make things up!).

Importantly, be sure not to share confidential or non-public information during the call. Maven will provide you compliance guidelines before your client interaction to help you better understand what is and isn’t permissible, and it is extremely rare for clients to press you for your information that you are uncomfortable providing. Strict compliance standards and monitoring have been key helping the expert network industry move past a massive insider trading scandal during its nascent years.

The client will lead the conversation and come prepared with specific questions. Occasionally you’ll be their initial conversation about the research topic, but more typically they have already invested quite a bit of time and are looking to you to help them affirm or debunk an idea. Clients use expert networks like Maven Research to rapidly download industry knowledge and help with their  understanding of a company, industry, or product of interest in order to perform due diligence prior to making an investment or other strategic decision.

What’s next?

Hang up the phone, and your work is done. There is no follow up required and nothing to deliver to the client. Payments are handled via a request on Maven’s online system, which as noted above does have some recent issues for some consultants. Maven’s payment policy is a bit complex, but the bottom line is that you’ll usually receive payment within four weeks of completing your client call.

With your first call under belt, keep an eye peeled for additional survey and consulting opportunities from Maven. You can also browse their online portal occasionally to find additional opportunities that you may wish to apply for.

If you’d like to get started as an expert with Maven Research, you can create a profile here.

Arbolus Technologies Review

Have you been contacted by an associate from Arbolus Technologies via LinkedIn, email or phone call with an invitation to participate in a paid consulting engagement? Are you wondering if it’s a scam, or a legitimate opportunity? Our Arbolus Technologies review details what to expect, and how to land high paying hourly consulting projects.

What is Arbolus Technologies?

Arbolus consulting logo

Arbolus is an expert network, a custom recruiting firm focused on connecting subject matter experts (SMEs) with institutional investor clients looking to better understand an industry, company, or product. Expert networks typically rely on LinkedIn and company websites to identify current & former employees, competitors, customers, and key opinion leaders who can add value to a client’s market research via their professional experience and opinions. A subject matter experts’ expertise is typically rapidly downloaded via a 45 minute to 1-hour call with the client. Working with Arbolus, and other expert networks, can be a lucrative alternative stream of income, requiring little to no preparation, that can be scheduled around your existing employment or other responsibilities.

Founded originally as CiQ Group in 2017, the firm was rebranded as Arbolus Technologies in 2019. Arbolus was founded by two managers from AlphaSights, Sam Glasswell and Will Leeming. The firm has been experiencing rapid growth, acquiring Waterside, another budding expert network, in 2019. The Barcelona-based firm also maintains offices in London and New York, and raised $6M in venture capital investment from Fuel Ventures and Plug & Play Ventures in 2021

Arbolus transcribes calls between clients and experts, adding them to a library that is available to its entire client base.  (Other emerging expert networks, such as Tegus, proSapient and Stream by Mosaic offer a similar product to clients.)  Experts do not receive additional compensation if clients access transcripts of their calls.

In addition to traditional expert network services, Arbolus operates a software platform called Hyperion that utilizes machine learning and NLP for higher quality and more efficient matching of clients and experts. Their platform allows clients to stay connected with experts they have worked with on previous projects, as well as access reviews and client call history for experts in order to develop a sense of trust and connectedness to expert connections.

Is Arbolus Technologies a scam— or a legitimate opportunity?

Arbolus — and expert networks in general — are not a scam. Expert networks are a $1.9B industry, and typically serve as a professional service for the financial services industry by sourcing subject matter experts for their clients. Arbolus serves a wide variety of clients, from start-ups & corporations to consultancies, hedge funds, and private equity.

Typically, associates from an expert network will use LinkedIn, or publicly available contact information such as email or phone number, to recruit potential experts for a project. You can optimize your LinkedIn profile to increase your chances of being recruited for a project by expert networks. Expert networks are an extension of the gig economy and are a great way to monetize your professional experience!

What to expect if you consult with Arbolus Technologies

Arbolus consulting reviews

Recruiters for expert networks rely heavily on LinkedIn to identify potential experts for a project based on their employment history. If, based on your LinkedIn profile, the associate believes you could be a good fit, they will reach out you with a brief introduction to themselves, their firm, and the project.

If you’re interested and think you could contribute to the topic, the associate will invite you to fill out a profile and questionnaire on their platform. The profile will cover all the basic questions about your employment history and expertise, in addition to project-specific vetting questions. For the vetting questions, you should know that the associate is not expecting the type of in-depth answer that the client would like to have in the call. Instead, your answers should be a sentence or two demonstrating your knowledge and ability to speak to the topics of interest. You will be asked to review a compliance document to make sure you understand that no propriety or confidential information can be shared during the call. You will also be able to set your rate and availability at this time.

The Arbolus associate will then submit your profile to the client for review. If the client chooses to move forward with your profile, you will receive a calendar invitation with dial-in information for the call. While the review and scheduling process usually takes only a few days, it can take up to two weeks. 

If you don’t receive a calendar invitation within a week or two, it’s safe to say your profile was not chosen. Don’t worry— now that your profile is in the Arbolus system, you’re more likely to be contacted for future projects. In the meantime, you can increase your chances of being chosen for a project by following these tips.

Arbolus Hourly Rates

Arbolus— and other expert networks— compensate you for your time and expertise spent on a client project. Sometimes, a starting rate will be communicated to you in the initial reach out. Othertimes, it will be communicated to you in subsequent reach outs. 

In general, you can expect the hourly rate to depend on a variety of factors, including the scarcity of your expertise (how many other experts can discuss the topic intelligently?), how far removed you are from the topic (how many years has it been since you were in the industry?), and how far you are in your career. 

For early career professionals, you can expect to be offered $100- $200; director level or similar professionals can expect $200-$300; anything above director level can easily command rates of $300- $500. Some experts can command fees of  $1000 or more an hour, however, these professionals are often expert network veterans who are at the top of hot or niche industries, or executives at Fortune 500 companies. You can also negotiate a higher rate for further calls.

Setting your rate exceptionally high can also dissuade a client from moving forward with your profile, even if you are a good fit for the project. This is most common in situations where there are many potential experts who can speak to a topic.

Most expert networks will compensate you based on the amount of time you are in the call. This means that even after you negotiate your hourly rate, if you are on the call for less than 60 full minutes, your fee will be pro-rated based on the number of minutes you are in the call with the client. Therefore, it’s best to keep the call going for as long as you can so you can maximize your fee. Similarly, you will be compensated for time spent on the call beyond the agree-upon hour. An extra 15 minutes on a call can easily translate to a higher fee via Arbolus!

How to ace your Arbolus consulting call

You should not feel the need to overly prepare for the call. The client is not expecting a deliverable or a presentation. The format is highly conversational, and you should be able to answer the questions easily based on years of experience in your industry. 

You can expect that the client has come prepared with specific questions as a result of their own in-depth research on the topic they’ve contracted you to speak on. Clients use expert networks to rapidly download industry knowledge (via your many years of experience!) in order to confirm or complicate their  understanding of a company, industry, or product of interest in order to perform due diligence prior to making an investment or strategic movement. The client has done extensive research beforehand and it should make for an interesting conversation.

The types of clients you will encounter are will likely be institutional investors (strategy consulting firms, hedge funds, private equity funds, etc.), however, Arbolus also offers services to corporate and start-up clients. You should know that financial services clients are bound by strict compliance policies that prevent them from soliciting proprietary or confidential information. Client calls are likely always recorded by Arbulus in order to be made available to customers of their platform, so you can expect that the call will be reviewed internally to ensure compliance. It’s rare that you’ll be asked to share any non-public information, and you should decline to answer any questions you feel moves into this territory; clients won’t press you to share things that you shouldn’t.

What’s Next?

Arbolus payments are made via ACH, wire, or physical check. You should be prompted to enter your payment information immediately after the call.

Now that you’re part of the network, you can use the Arbolus platform to participate in further calls by keeping your information up to date and periodically checking in.

If you have not yet been contacted by an Arbolus associate, you can register as an expert on their platform here.

Mosaic Research Management Review

Have you been contacted by an Associate from Mosaic Research Management or Stream Research Group with a request to participate in a paid consulting opportunity? Earning a high hourly rate for simply speaking on the phone with a client can sound too good to be true – are you worried it may be a scam?  Learn if this is a legitimate opportunity, what to expect, where to set your hourly rate and more in our Mosaic Research Management review.

What is Mosaic Research Management?

Mosaic Research Management logo

Mosaic Research Management is an expert network, a firm that specializes in the custom sourcing of subject matter experts for short-term consulting engagements. Expert networks are a $1.5 billion industry that aids institutional investors in their market research. Expert network opportunities generally take the form of a 1-hour phone consultation between the subject matter expert and the client, typically investment managers or management consultants.  

Clients turn to expert networks like Mosaic to quickly perform first-hand research on products, companies or markets for the people who know them best, such as former employees, customers, vendors, competitors, or other key influencers.  Working with expert networks is a great way to capitalize on your industry experience, enabling you to earn hundreds of dollars per hour by participating in concise and convenient consulting calls with their clients.

Mosiac is a mid-sized, New York-based expert network that provides various services in addition to the subject matter expert recruitment that is the industry standard: data services, and an expert network vendor management & aggregation tool, similar to proSapient.  The firm specializes in healthcare, travel & airlines, retail & consumer, web & online analytics, and social engagement.

Mosaic was founded in 2010 by former employees of Vista Research, an early pioneer in the industry that was taken down by an insider trading scandal in 2007 and which was later absorbed by Guidepoint.

Consulting with Mosaic Research Management

If you’ve been contacted by an associate from Mosaic, then it’s likely that you are a mid- to senior-level industry professional with specific company, product, or industry experience that matches what a client is looking for on a project.  Oftentimes, a Mosaic recruiter will reach out to you with a brief message via LinkedIn, though they will occasionally introduce themselves via email or a phone call as well.

You’ll usually be invited to have a brief conversation with the associate, where they’ll introduce you to Mosaic and provide a very high level overview of the project.  While they will share the topic of the project with you, you won’t know the client’s name until you’ve been selected for the project.  If you’re interested and it sounds like you may be a potential fit, the associate will ask you a few short vetting questions to gauge your qualifications, and just as importantly, ensure that you are eligible to participate without triggering any compliance concerns.

Here’s a breakdown of the basic eligibility criteria for project participation:

  • You are at least 6 months and no more than 3 years out of a job where you were a senior manager (Director level or higher) at a company their client is trying to learn more about.
  • You currently (or formerly) work for a competitor of a company the client is looking to learn more about.
  • You are currently or were formerly a customer of a product or company the client is looking to learn more about.

The associate isn’t looking to learn about what you’ll share about the project’s topic, they want to make sure that you match with the client’s requirements.  If it seems like you may fit the bill, they will then ask you to set your Mosaic hourly rate (more on that in a moment!), provide your upcoming availability and create a profile.

Behind the scenes, the associate will present your profile, rate and screening question responses to the client.  If they client selects you for the project, they associate will usually send you a calendar invite for your client call.  Note that industrywide, it’s typical to only be selected for about one-third of the projects that you apply to.  So, even if you don’t get chosen for this project, participating in the initial vetting process registers your profile in their system and increases the likelihood you will be selected for future projects.

Stream by Mosaic / Stream Research Group

Stream by Mosaic invitation to consult

Mosaic also operated an unusual subscription business to expert interview transcripts called Mosaic Stream up until October 2021, when it sold the business to business information service AlphaSense (not to be confused with the large expert network AlphaSights).  AlphaSense has rebranded the business as Stream by Mosaic (though it also seems to be using Stream Research Group at times), describing it as the, “the broadest of single database of [recorded and transcribed expert calls] with dozens of transcripts added daily and with hundreds of investment firms relying on the insights they contain.”

I was invited to participate in Mosaic Stream earlier in 2021 and do not recommend participating in this program in its current form.

Rather than speak with a client for Mosaic Stream, your call is instead with a third party analyst.  The call is recorded and transcribed, then made available to Mosaic’s client base.  The analyst that I recorded with call with was engaging and well-prepared; my conversation flowed like a typical expert network call.

Experts are not paid for participating in Mosaic Stream calls, though the analyst is compensated for interviewing you.  According to the invitation I received from Mosaic, “This conversation with our partner analyst is intended to allow you to market your expertise to a group of Mosaic’s clients who value speaking with experts about [the target company and industry].”

I didn’t receive any follow up updates from Mosaic Stream following the call.  I wasn’t provided with any information on how Mosaic ‘marketed’ me as an expert, and several months passed before I was invited to participate in another project (which isn’t atypical of my experience with Mosaic).  I contributed a piece of content to Mosaic Stream’s high-priced content library without receiving any compensation or perceived benefit.  (Note that Tegus, Arbolus and proSapient offer similar transcript subscription products where you are paid for all consulting calls.)

Update as of January 2022: Mosaic reached out to me in response to this review to insist my experience with Stream was an anomaly that they apologized for and that they are working hard to improve the expert experience, including compensating experts for Stream interviews in some cases.

Mosaic Consulting Rates

Consulting rates for expert networks vary widely and are determined by a variety of factors, such as the seniority and how recent your relevant title is, how niche the industry is, and demand for your insight. In general, you can expect to be offered a Mosaic consulting rate of $100 – $200  per hour if you are a director level or below, $200 – $350 or above for director-level professional, and $500+ for senior executives and physicians. 

While these rates are pretty standard, you should know that you can renegotiate your rate if you find you are getting inundated by project participation requests. Many C-level executives with a history of successful calls command rates of $500. Some in-demand experts (think Fortune 500 executives, former government officials or specialized surgeons) charge as much as $1,000 – $1,500 a call, but you should know that it is not common and demanding a super high rate right away will likely mean your profile will never be sent to the client. 

It’s important to keep in mind that your Mosaic hourly rate will be pro-rated based on the amount of time that spend on the phone with the client, so it’s in your best interest to keep the conversation flowing freely. If the client is eager to learn more and asks you to extend the call by 10 or 15 minutes, you may easily earn an extra $50 or $100.  Conversely, calls that take less than an hour are pro-rated downwards.  Expert network calls typically last 45 minutes to an hour.

Acing Your Mosaic Consulting Call

Ready for showtime?  Your client call will often happen just a few days after you received the initial invitation.  Mosaic will send you information on a conference call line.  Most expert network calls continue to be voice-only – so no need to dress up or find a professional-looking background – but do be sure to find a quiet place to talk with a stable phone or internet connection.

The client will open the call with a brief introduction, an overview of their objectives, and will then take the lead in steering the conversation.  They are looking to rapidly download your knowledge in order to confirm or refute their understanding of a company, industry, or product of interest in order to perform due diligence prior to making an investment. The client has usually done extensive research beforehand and it should make for an interesting conversation.

The types of clients you will encounter are will be institutional investors (strategy consulting firms, hedge funds, private equity funds, etc.) and are bound by strict compliance policies that prevent them from soliciting proprietary or confidential information. This policy should also be laid out to you in a document prior to the call, so you understand what you can and cannot discuss in the call. It’s rare that you’ll be asked to share any non-public information, and you should decline to answer any questions you feel moves into this territory; clients won’t press you to share things that you shouldn’t.

You should not feel the need to overly prepare for the call. The client is not expecting a deliverable or a presentation. The format is highly conversational, and you should be able to answer the questions easily based on the years of experience that you have in your role and industry.

What’s Next?

One of the best part of consulting with Mosaic Research is that once you hang up the phone, your work is done.  There is no follow-up or deliverables, and Mosaic will pay you via direct deposit within a week or two. 

Now that you’re part of the Mosaic expert network, don’t be surprised if you are regularly contacted for many more projects. Expert networks are a great way to capitalize on your industry experience.

If you haven’t already been contacted by Mosaic Research Management about a project, you can get on their radar and create a profile by reaching out an an associate at [email protected]

Tegus Review

Have you been contacted by an associate from Tegus inviting you to participate in paid consultation request? Wondering what’s involved, how much you can earn, or if this is a legitimate opportunity or a scam? Our comprehensive Tegus review will show you what to expect and how to land high-paying projects.

What is Tegus?

Tegus logo
Tegus is named after a South American lizard.

Tegus is an expert network, a type of firm that recruits and connects subject matter experts with clients doing deep research on a product, company or market. These experts are sourced from countless industries and at all levels of experience. They are typically former employees, customers, competitors, or key influencers of the business that the client is researching.

Tegus’s typical consulting project is a 45 – 60 minute call between the client and the expert, where the client wants to rapidly learn the ‘facts on the ground’ from people with significant hands-on experience. Working with expert network consulting with firms like Tegus can be an attractive source of extra income, since the firm offers high hourly rates, schedules calls at times that are convenient to the consultant, and projects are usually extremely concise with no preparation or follow up required.

While some expert networks have a broader client focus, Tegus works exclusively with investors, such as hedge fund and mutual fund managers, and venture capitalists. Tegus claims to have facilitated over 20,000 client calls on its website, and is currently arranging more than 900 each month. In an unusual twist on the expert network model, transcripts of most Tegus client calls are made available to its entire client base.

Tegus was founded in 2016 by Michael Elnick, a former AlphaSights associate, and his brother Thomas Elnick; the two serve as Co-Founders and Co-CEOs. The company raised a $90 million Series B funding round led by Oberndorf Enterprises and Willoughby Capital in November 2021 and $1.5 million in venture capital investment in 2017. In late 2021, the company acquired acquire BamSEC, a platform that makes it easy to access and work with SEC filings and earnings transcripts.

Tegus is based in Chicago, with a European office in Waterford, Ireland. The company has over 300 employees to service its more than 1,000 clients.

Is Tegus legitimate — or a scam?

A Tegus consulting request can sound too good to be true. A stranger reaches out to you on the Internet – often via LinkedIn – praising your expertise and offering to pay you hundreds of dollars an hour for simply having a brief phone call with their client.

While you should always be cautious about people reaching out with unsolicited offers (Tegus will never ask you for payment to participate in consulting projects!), Tegus is not a scam. It’s part of the rapidly growing expert network industry that encompasses nearly 200 firms around the world which are collectively soaring past $2 billion in annual revenue. If you’re looking for a way to leverage your experience and expertise, an invitation to work with Tegus may be your entryway to the easy and lucrative world of expert network consulting.

What to expect if you consult with Tegus

Tegus employs a small army of recruiters who spend their days searching for experts who fit the criteria for client project requests. LinkedIn is their favorite hunting ground, so if your profile seems to match what they’re looking for, they’ll often reach out via LinkedIn messenger, email or a phone call to introduce you to Tegus and provide a brief overview of the consulting opportunity.

If you’re interested and look like a fit, you’ll be asked to create a profile on the Tegus platform and answer a few short screening questions about your qualifications for the project, which generally requires a few sentences about your relevant work experience knowledge of and relationship to the subject of the call. You’ll also be asked a few yes/no compliance questions to ensure that you are permitted to speak about this topic and meet the compliance requirements set by both Tegus and the client. You’ll then have the opportunity to set your Tegus hourly rate (more on that in a moment!) and provide a list of times for a client call that are convenient for you. Getting set up with Tegus should only take 20 – 30 minutes of your time, and then you’ll only need a few minutes to respond to additional consulting project invitations in the future.

The Tegus associate will then present your profile, screening answers, rate and availability to the client. If they’d like to speak with you, the associate will send out a calendar invite for the call. From initial contact to client call often takes less than one week. Don’t get discouraged if you’re not selected for the first project that you apply for – landing about 1/3 of the relevant projects that you respond to is typical with expert networks. Refining your profile and answers to screening projects can help improve your success rate.

Tegus business model
Tegus’s unique business model seems to be successful!

Tegus has an unusual business and pricing model for its clients. For most calls, the client just pays a $75 markup on the expert’s consulting fee; this compares to rates of $1,000 or more for a consulting call at firms like GLG. This fee includes sourcing and managing the expert, compliance checks and monitoring, and recording and transcription.

Tegus earns most of its revenue by selling access to its platform, that includes a rapidly growing library of over 20,000 client call transcripts. Approximately two weeks after your call, the transcript will be published and available to all Tegus clients on its platform. (Access to the platform starts at roughly $20,000 per year so transcripts are not shared publicly!) Your employment history and bio will be included in the transcript, but your name will be redacted. You do not receive any additional compensation for other clients accessing the transcript of your call. (Arbolus and proSapient offer clients access to similar transcript libraries, also without additional compensation to the expert, while Stream by Mosaic has an even less attractive compensation model for some calls – $0.)

Tegus Hourly Rates

How much should I ask for? How much can I ask for?

Expert networks like Tegus often pique your interest by touting hourly rates in the hundreds of dollars or more, and the ability for you to name your own price. Some in-demand experts, like Fortune 500 executives or specialized surgeons, do regularly command $1,000 hourly rates or even higher. However, for those whose resumes aren’t quite platinum-status yet, you’ll generally want to aim for typical bands within the industry.

For non-managers or people earlier in their career, a $100 – $200 hourly rate is usually the starting point. Your Tegus hourly rate can quickly climb to $200 – $350 for director-level employees or professionals with strong credentials, such as doctors or engineers. Vice Presidents and C-level executives at mid-sized firms can often achieve $500 hourly rates or a bit more. The typical rate for Tegus consultants is $300 per hour, according an interview with the Co-CEO. Rates are pro-rated to the length of the client call, so a 45 minute call will only yield you 75% of your hourly consulting rate, while your meter keeps running on a good conversation that extends beyond an hour.

Keep in mind that scarcity certainly plays a role in your rate and odds of being selected for a project. If the client wants to speak with users of a popular software package where hundreds of potential experts can easily be sourced, you may be passed over for lower cost consultants. However, if the client wants to speak with senior finance managers who recently worked at a particular company you may be the only game in town and have leverage to command a higher rate.

You may want to set your rate towards the lower end of your target band until you’ve landed your first couple of projects and established a reputation. It’s then easier to negotiate a higher hourly rate with Tegus for future projects.

How to ace your Tegus consulting call

Client calls tend to be easy and engaging conversations. It’s always nice to be considered an expert in something, and things that can be banal to you, such as how you set budgets or make purchasing decisions, can be valuable information to clients that generates unexpected enthusiasm!

Most client calls are centered on a particular company, industry, or product. The client is not expecting you to prepare a presentation or deliverable for the call; they are looking to rapidly download industry knowledge via your many years of experience. You can expect that clients have done their own basic research, reviewed publicly available information, and perhaps heard a management presentation prior to speaking with you. They have come prepared with specific questions to confirm or clarify aspects of the business.

Oftentimes, the client is researching a particular company, especially those with a recent IPO, major announcement or volatile stock price. The client will be eager to learn your honest opinion about the company’s prospects, ability to execute, and management quality. Common questions will be about how the target company compares to its competitors, product and feature differentiation, pricing strategy, quality of management, etc. These types of calls will often resolve around your former employer or a major vendor that you worked with frequently, with emphasis on the key factors influencing your decisions.

You should have an easy time answering the questions during the call – the client often wants to learn about something you’ve been doing regularly for years.. Even so, you may not have all the answers, or know figures off the top of your heads. Be honest and say you don’t know, and you should never make up answers. Clients are usually quite skilled at parsing fact from fiction, and manufactured answers can quickly result in a short call, if not a short career with an expert network.

It’s important to note that you will never be asked to share non-public or proprietary information during a client call, and doing so can be illegal in more extreme cases. One of the key responsibilities of expert networks is to ensure that improper information isn’t exchanged on a client call, with both parties bound by strict compliance standards (which you will receive prior to the call). All client calls are recorded by Tegus and reviewed by its compliance team (and often the client’s compliance team as well) to ensure that no improper information is shared. Clients are often very well versed in compliance requirements and strictly adhere to them so they are not prohibited from pursuing an investment idea or.

What’s Next?

Tegus payment options include ACH (US-only), wire, physical check, or PayPal. After you complete a call, you will be prompted to provide payment preference and details. (Be wary of anyone asking you to provide account information prior to your first call – be sure to confirm that they are indeed a Tegus employee.). Payments are issued within 15 days of the client call.

Now that you’re a part of the network, you will periodically be contacted for participation in new projects, especially as you build a history of completing successful client calls.

Expert networks are a great way to capitalize on your experience. If you’ve been contact by a Tegus associate, you’ve already been identified as a good potential fit for an active project. Otherwise, Tegus does not offer online registration but you can contact Tegus here to express your interest in working with them.

proSapient Review

Have you received an invitation to participate in a ProSapient paid consultation opportunity? Are you unsure what this opportunity is, or if it’s even legitimate? Learn what to expect if you work with this rapidly growing expert network in our comprehensive proSapient review.

What is proSapient?

proSapient logo

ProSapient is an expert network, which are recruiting firms that specialize in custom sourcing subject matter experts (SMB) for short-term consulting projects. Expert networks are a rapidly $1.5 billion industry that cater to institutional investors (management consulting firms, private equity, hedge funds, mutual funds, etc.) doing market research or performing due diligence on a company or subset of companies in preparation for an investment. Expert networks are a great way to capitalize on your industry experience, even after you leave! Expert network opportunities generally take the form of a 1-hour phone consultation between the subject matter expert and the client.

ProSapient is one of several up-and-coming expert networks that are capitalizing on new technologies such as machine learning, artificial intelligence, and robotic process automation. London-based proSapient offers the typical product mix such as surveys, and 1:1 expert consultations, but also offers a multi-vendor platform for clients in it’s bid to be a software-as-a-service (SaaS) for expert networks. ProSapient recently raised $10M in Series A funding after achieving 100% year-over-year revenue growth. It plans to use the funds for a larger expansion into the United States as it seeks to offer a more technology-driven approach than industry stalwarts GLG, Guidepoint and AlphaSights.

Is proSapient fake or a scam?

ProSapient is a legitimate, newer company in the large but secretive expert network industry — it is not a scam. 

proSapient reviews

However, it’s noteworthy to mention that in the process of researching this article, I found more than a few complaints from experts in their proSapient reviews about the payment timing (or not being paid at all!). It appears the company has not addressed these complaints (at least on the forums where they appear) leaving experts feeling as if they were scammed.

While these complaints do not mean the opportunity is a scam, it does indicate that the firm may have some chronic operational issues that could delay your payment, or need to chase the associate who contacted you. These payment issues are likely to be growing pains, but it will be interesting to see if they start to respond to these public complaints, or if these complaints will continue.

What to expect if you consult with proSapient

ProSapient associates are tasked with sourcing experts for client projects, so if they reach out to via LinkedIn or email, they’ve already identified you as someone who may be a good fit. Why? It’s likely that you are a senior level industry professional with experience with a company, product, or industry their client is looking to learn more about. Here’s a breakdown of the basic eligibility criteria for project participation:

  • You are at least 6 months and no more than 3 years out of a job where you were a senior executive (Director level or higher) at a company their client is trying to learn more about.
  • You currently (or formerly) work for a competitor of a company the client is looking to learn more about.
  • You currently or formerly were a customer of a product or company the client is looking to learn more about.

Now that you’ve been identified as a candidate for proSapient paid consultation, the associate will want you to register for their site and participate in a short vetting call to make sure you’re a fit before proposing your profile to the client for review. The vetting call will consist of some pretty general questions in order to judge your knowledge and confidence level in discussing various topics of interest to the client. This vetting process does not take the place of the client call and you can keep your answers high-level.

During the vetting process, you’ll be asked to provide a list of convenient times when you could participate in a client call, generally over the next week or two. Providing as flexible a schedule as you reasonably can will greatly increase. your chances of being assigned to the project. If the client does choose you for the project, you’ll generally receive a calendar invitation for the client call within a day or two of the vetting conversation.

Even if you don’t get chosen for this project, by completing their compliance procedure, you will be registered in their system and likely vetted for future projects, as networks tend to source in-network before custom sourcing for out-of-network experts. Most expert network consultants only land about 1 out of 3 or 4 projects that they apply for, so don’t get discouraged if you aren’t selected for the first few that you respond to.

ProSapient Consulting Rates

How much should I ask for? How much can I ask for?

You may have read articles online about how some experts make thousands of dollars a call. While that is true, the higher you price yourself, the more likely you are going to get priced out of a client interaction. The experts who can charge $1500 a call are usually very high-profile professionals with very recent experience in a niche industry.

In general, if you have been contacted for participation in a 1-hour 1:1 phone or video consult, you can expect to be offered a $100 – $200 if you are a Director level or below, or $200 – $350 for above a Director level. While you can absolutely negotiate your rate (or set the stage by letting the associate know your price floor), if you ask for a proSapient consulting rate above $500 per hour, you risk your profile not being seen by the client, or a client balking at your rate and going with a cheaper expert. You can always renegotiate your rate for subsequent projects you are contacted for, especially if you find that you are getting inundated by project participation requests.

The rate you actually receive for participation in a client call will be determined by the amount of time both you and the client are in the call. It’s in your best interest to keep the conversation going (with more insights, tidbits, analysis, or small talk), as an extra 10-15 minutes can bump up your rate, but conversely, any call that is more than 5 minutes under the 1 hour mark can be penalized with less pay.

How to ace your proSapient consulting call

Most client calls are centered on a particular company, industry, or product. The client is not expecting you to prepare a presentation or deliverable for the call; they are looking to rapidly download industry knowledge via your many years of experience. You can expect that clients have done their own basic research, reviewed publicly available information, and perhaps heard a management presentation. They have come prepared with specific questions to confirm or clarify aspects of the business. You can see some examples of expert consultation use cases on their website.

If the call is centered on a particular company, the client will want to know how the target company compares to its’ competitors, product and feature differentiation, pricing strategy, quality of management, etc. These types of calls will often resolve around your former employer or a major vendor that you worked with frequently, with emphasis on the key factors influencing your decisions.

Alternatively, if the call will be centered on a particular issue or problem they have been tasked to solve. The client may be looking to develop a marketing strategy, solve chronic operational issues, or restructure an organization. These types of calls will often center your approach to an issue, your impressions of various products, factors that influence budget and purchase decisions, or to provide feedback on potential new products or solutions.

You should have an easy time answering the questions during the call- after all, the client wants to learn about an area via your experience. Even so, you may not have all the answers, or know figures off the top of your heads. You can always be honest and say you don’t know, and you should never make up answers. Clients often have multiple calls on the same subject and if it becomes apparent that you lied, you may be blacklisted.

It’s important to note that you will never be asked to share non-public or proprietary information during a client call, and doing so would be illegal. One of the key responsibilities of expert networks is to ensure that improper information isn’t exchanged on a client call, with both parties bound by strict compliance standards (which you will receive prior to the call).

You should know that proSapient records all of their calls and makes the transcripts available to clients as part of a content library. You will not receive additional compensation if clients access the transcripts of your call, which is the same policy of Tegus , Stream and Arbolus, which offer similar subscription products.

What’s Next?

ProSpaient offers payment via PayPal or ACH direct deposit, and you can expect payment within 45 days of the completion of the call.

Now that you’re a part of the network, you will periodically be contacted for participation in new projects, especially as you build a history of completing successful client calls.

Expert networks are a great way to capitalize on your experience. If you haven’t been contacted by an associate from ProSapient, you can still register to be added to their network by contacting them here.

Learn more in our proSapient video review:

NewtonX Review

Has a NewtonX associate reached out to you via LinkedIn, email, or phone to invite you to fill out a survey or participate in a client call? Are you not sure if it’s a legitimate opportunity— or a scam? Our NewtonX review shares what to expect, how to set your rate and land consulting opportunities with this rapidly growing expert network

What is NewtonX?

NewtonX is an expert network, a recruiting firm that specializes in custom sourcing subject matter experts for short-term consulting projects. Expert networks are a $1.9 billion industry that cater to institutional investors (management consulting firms, private equity, hedge funds, mutual funds, etc.) doing market research or performing due diligence on a company or subset of companies in preparation for an investment. Expert network opportunities generally take the form of a 1-hour phone consultation between the subject matter expert and the client. Expert networks are a great way to capitalize on your industry experience, even after you leave!

NewtonX, founded in 2016 by two former McKinsey consultants who realized an opening in the market, leverages AI and machine learning to quickly engage high volumes of experts. Dubbed a “knowledge access platform”, the firm’s custom sourcing is powered by its’ AI-enabled NewtonX Graph, which is supposed to be faster and less manual than the traditional expert network method. Additionally, the firm’s bread-and-butter service is the NewtonX survey, which allows it to collect information from a high volume pool more quickly and cheaply than its’ competitors. Newton X also offers a full suite of services, such as 1:1 consults, long-form projects, and online communities. 

NewtonX has raised $47 million in venture capital investment, including a $32 million round announced in December 2021, led by Marbruck Ventures and included Level One, the UBS O’Connor fund, Gaingels and Heliad Partners. Existing investors Two Sigma, Third Prime, XFund, Story Ventures and Switch also participated. 

NewtonX Paid Surveys

When NewtonX reaches out to prospective consultants, there are two types of engagements which they may want you to participate in:

  1. A short web-based paid survey on their platform, generating a fee from anywhere between $20 and $200.
  2. A traditional 1 hour, 1:1 phone or video consult with a client on a subject of your expertise. 

NewtonX is one of the more prolific facilitators of paid surveys amongst expert networks. Surveys are generally focused on business topics, especially trends in purchasing/budget allocation or how you view a set of competing products or companies.

The survey could be multiple choice, ranked choice, or short-form, but it is likely to take no more than 10 – 15 minutes of your time. The survey will double as registration in the firm’s network of experts. 

At the conclusion of the survey, the system will ask for you to input your payment information. You can expect payment to be initiated within 24 hours of survey competition, so it should land in your bank account within 5 business days. Alternatively, a check could take longer. The firm also offers PayPal as a payment option. 

Like most expert networks, the initial questions in the survey serve as a screen to ensure that you meet the client’s criteria and you will not be presented with the full survey nor be paid for your participation you don’t meet selection criteria. For example, if the quota of experts of your type (firm size, industry, title, currents/formers, etc.) has already been fulfilled, you will go through the survey and then be notified that you do not fit the criteria, and will not be led to a page to collect payment information.

Consulting with NewtonX

NewtonX also facilitates one-hour consulting calls – the bread and butter of most expert networks. The associate who reached out to you will want to vet your eligibility for a 1-hour phone consult with a client on a subject you appear to have expertise. Here’s a breakdown of the basic eligibility criteria for project participation:

  • You are at least 6 months and no more than 3 years removed from a job where you were a senior executive (Director level or higher) at a company their client is trying to learn more about.
  • You currently (or formerly) work for a competitor of a company the client is looking to learn more about.
  • You currently or formerly were a customer of a product or company the client is looking to learn more about.

The associate will want to ascertain whether you are a good fit for the project — I.e., ready and willing to discuss the topics of interest to the client. This vetting process takes just a few minutes and does not take the place of the client call and you can keep your answers high-level.

The client will receive several profiles for review and will only choose the profiles that are the best fit. You can usually guess whether you are a good fit for the project based on how easily you can answer the questions and how recent your relevant work experience is. If you’re selected for the project, the NewtonX associate will facilitate a convenient time for your client call, usually within just a few days of your introduction to the project.

Even if you don’t get chosen for this project, by completing their compliance procedure, you will be registered in their system and likely vetted for future projects.

Is NewtonX Legit (and is This Legal)?

If you are successfully vetted for either of the aforementioned engagements, you can expect to be presented with a compliance document. Generally, the document is standardized and will forbid the exchanging proprietary information, and protected the confidentiality of yourself and the client. The document should be very clear and an associate would be happy to answer any questions or address any concerns. 

That being said, it is up to you to know what you can and cannot reveal. It is up to you understand what other documents you may have signed could conflict with the compliance document, as well as any company policies preventing you from participating.

In general, clients are most at risk for breaches of compliance (see our previous article on an insider trading scheme that almost took down the industry!) and will never ask you to provide non-public information. NewtonX will provide you with guidelines on what you can and can’t share with clients, and instruct you to not answer any questions where you unsure if it is ok to answer.

NewtonX Consulting Rates

If you have been contacted for participation in a NewtonX paid survey, there will be no mechanism to negotiate your rate. You will be made an offer based on your title, experience, and project-specific factors. Reviews of NewtonX’s surveys reveal compensation rates to range between $20 – $200; $40 – $75 for a 10 – 15 minute survey is typical.

If you have been contacted for participation in a 1-hour 1:1 phone or video consult, you can expect to be offered $100 – $200 if you are a Director level or below, or $200 – $350 for above a Director level. While you can absolutely negotiate your rate, if you ask for anything above $500, you risk your profile not being seen by the client, or a client balking at your rate and going with a cheaper expert. You can always renegotiate your rate for subsequent projects you are contacted for, especially if you find that you are getting inundated by project participation requests.

The rate you actually receive for participation in a client call will be determined by the amount of time both you and the client are in the call. It’s in your best interest to keep the conversation going, as an extra 10 – 15 minutes can bump up your rate, but conversely, any call that is more than 5 minutes under the 1 hour mark will be penalized with less pay.

Acing your NewtonX Consulting Call

Once you’ve been vetted and accepted an offer, your profile will be shared with the client. If the client selected your profile for a conversation, you’ll be scheduled for the phone consult based on the availability you gave the associate.

The client call should not be difficult, as the answers should come naturally to you, based on your years of experience of working in your particular industry. The client is not expecting a deliverable of any sort, however, it may be helpful to have some relevant figures handy. The vetting questions the associate walked through with you should clue you in on the topics of conversation be covered in the client call.The types of clients you will encounter will be institutional investors (consulting firms, private equity, hedge funds, mutual funds, venture capital firms, etc.).

The client has done extensive research beforehand and it should make for an interesting conversation. The conversation will centered on a target company’s positioning, go-to-market strategy, business model, key challenges and opportunities, and the competitive landscape. The client is looking to rapidly download your knowledge in order to confirm or complicate their due diligence on a company, industry, or product of interest. 

If the client asks a question and you don’t know the answer, be honest. Otherwise you will be wasting time for both you. 

What’s Next?

After the call, your payment information will be collected, and you can expect payment within 14 days via ACH direct deposit (or longer if you chose the check option).

Now that you’re part of the NewtonX network, don’t be surprised if you are contacted for many more projects. Expert networks are a great way to capitalize on your industry experience by offering insights to institutional investors.

If you haven’t already been contacted by NewtonX about a project, you can learn more about becoming an expert consultant with NewtonX, or reach out an an associate to get started by emailing [email protected]. Be sure to mention what you’ve learned in our NewtonX review!

Ridgetop Research Review

Have you received a reach-out on LinkedIn or an out-of-the-blue phone call from an associate at Ridgetop Research, asking if you have an hour available for a paid consulting opportunity with a client? Are you wondering if it’s a legitimate opportunity— or a scam? Get introduced to the secretive world of expert network consulting and learn how to land high-paying projects in our Ridgetop Research review.

What is Ridgetop Research?

Ridgetop Research logo

Ridgetop Research is an expert network, a recruiting firm that specializes in custom sourcing subject matter experts for short-term consulting projects. Expert networks are a $1.5 billion industry that cater to institutional investors (management consulting firms, private equity, hedge funds, mutual funds, etc.) doing market research or performing due diligence on a company or subset of companies in preparation for an investment. Expert network opportunities generally take the form of a 1-hour phone consultation between the subject matter expert and the client. Expert networks are a great way to capitalize on your industry experience, even after you leave!

Ridgetop is a mid-sized expert network with offices in Charlotte, North Carolina and New York, New York. The firm was founded in 2008 by former employees of Vista Research, an early pioneer in the industry that was taken down by an insider trading scandal in 2007. Ridgetop offers a range of services, from custom recruiting of industry professionals (just like other expert networks!), as well as survey fieldwork and paneling. The firm mostly caters to institutional investors such as private equity, mutual funds, and venture capital firms. Ridgetop also contracts with Cordium to provide “chaperone” services to clients to ensure calls are consistent with their compliance framework.

Qualifying for Ridgetop Research Consulting Calls

Your relationship with Ridgetop Research often starts with a LinkedIn message.

If you’ve been contacted by an associate from Ridgetop Research, it’s likely that you are a senior level industry professional with experience with a company, product, or industry their client is looking to learn more about. Here’s a breakdown of the basic eligibility criteria for project participation:

  • You are at least 6 months and no more than 3 years out of a job where you were a senior executive (Director level or higher) at a company their client is trying to learn more about.
  • You currently (or formerly) work for a competitor of a company the client is looking to learn more about.
  • You currently or formerly were a customer of a product or company the client is looking to learn more about.

The associate will invite you to register on the online platform, where you will run through a few vetting questions in order to ascertain whether you are a good fit for the project — I.e., ready and willing to discuss the topics of interest to the client. This vetting process does not take the place of the client call and you can keep your answers high-level.

The client will receive several profiles from Ridgetop Research for review and will only choose the profiles that are the best fit. You can usually guess whether you are a good fit for the project based on how easily you can answer the questions and how recent your relevant work experience is. You’ll usually find out if you’ve been selected for a project within a few days. Oftentimes, the associate will ask for your availability during the screening call and send you a calendar invite for your client call.

Even if you don’t get chosen for this project, by completing their compliance procedure, you will be registered in their system and likely vetted for future projects.

Ridgetop Review Consulting Rates

Expert network consulting rates vary widely and are determined by a variety of factors, such as the seniority and how recent your relevant title is, how niche the industry is, and demand for your insight. In general, you can expect to be offered $100 – $200 if you are a Director level or below, or $200 – $500 or more for experienced executives.

While these rates are pretty standard, you should know that you can renegotiate your rate if you find you are getting inundated by project participation requests. Many C-suites and other high executives who have a history of successful calls command rates of $500. Some experts make $1,000-$1,500 a call, but you should know that it is not common and demanding a super high rate right away will likely mean your profile will never be sent to the client. That being said, feel free to negotiate a rate that is commiserate for your time and energy to participate fully.

It’s important to keep in mind that your rate will be pro-rated based on the amount of time you are in the call with the client, so it’s in your best interest to keep the conversation flowing freely. An extra 10 – 15 minutes can bump up your rate, but conversely, any call that is more than 5 minutes under the 1 hour mark will be paid accordingly, so you should try to at least make it to the hour.

Acing Your Ridgetop Research Consulting Call

Once you’ve been vetted, negotiate a rate, are selected by the client, and provide your availability, you’ll be scheduled for the phone consult

You should not feel the need to overly prepare for the call. The client is not expecting a deliverable or a presentation. The format is highly conversational, and you should be able to answer the questions easily based on your years of experience in your industry. The client is looking to rapidly download your knowledge in order to confirm or complicate their due diligence on a company, industry, or product of interest. The client has done extensive research beforehand and it should make for an interesting conversation.

The types of clients you will encounter are will be institutional investors (at Ridgetop, that will be private equity, mutual funds, and venture capital firms) and are bound by strict compliance policies that prevent them from soliciting proprietary information. This policy should also be laid out to you prior to the call, so you understand what you can and cannot discuss in the call. It’s rare that you’ll be asked to share any non-public information, and you should decline to answer any questions you feel moves into this territory; clients won’t press you to share things that you shouldn’t.

What’s Next?

After the call, your payment information will be collected, and you can expect payment within 14 days via ACH direct deposit. 

Now that you’re part of the Ridgetop Research expert network, don’t be surprised if you are contacted for many more projects. Expert networks are a great way to capitalize on your industry experience.

If you haven’t already been contacted by Ridgetop Research about a project, you can reach out an an associate by emailing [email protected]

Next: Learn how to conveniently earn hundreds of dollars per hour with our Ultimate Guide to Expert Network Consulting




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