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Showing posts from April, 2018

How to make great marketing moves with little money?

One of the most precarious and overwhelming challenges faced by startups and small businesses is to remain cash positive. After all, you have set up the business with an aim to grow as quickly as possible. But the difficult balancing act between growth needs vs various recurring costs like salaries, infrastructure cost,operational costs etc builds itself up into a vicious cycle with paucity of cash staring at you on every turn.
Breaking the vicious cycle
Most businesses try to break this cycle by cutting down on expenditure on activities and areas that seems wasteful like marketing and advertising. But this course of action leads to even more pain for the companies as cutting down on marketing spend results in business growth getting stifled leading to less revenue and consequently more budget cuts. This scenario need not be repeated in your business as you can break this vicious cycle by doing a bit of judicious marketing. After all, it is not necessary that marketing should always cos…

4 long years of Painful yet Successful journey of "Outsourced CMO"

It has been 4 long years since I made the life-changing yet the most difficult decision of my life, the decision of leaving a completely stable, well-paying job & the last one from the major business conglomerate of India ,to work on a completely unique, least known concept. The decision of leaving the well-paying job proved to be even more difficult, especially if you are the only earning member in the family, with retired parents and several mouths to feed, taking care of various loans stacking up, which is the true scenario in my case. Amidst all these, doubt and anxiety were at its peak as entrepreneurship appeared as an alien term after giving more than two decades to the corporate world. Self confidence and faith on the concept of "Outsourced CMO" was the only driving force to keep me motivated through the journey as I was confident that the concept of “Outsourced CMO" is the much-needed concept in the world of SME/ Startups, as it's an expensive business fo…