We all entrepreneur gets so involved in our startup that we sometimes become obsessed with ourselves . Well there is nothing wrong in getting obsessed as that is also quintessential for success but at the same some amount of practicality is equally desired.
It may so happen that in building your dream idea we may loose direction in terms of it making a strong business case. There has been numerous startups with brilliant idea failing since it did not pas through economic sense or at times the entrepreneurs loosing the direction to making a viable profitable venture
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It is always advisable to have an external critic view of whether, we are doing the right stuff or going in the right direction.
It will be a good idea to set up an advisory board as soon as possible so that entrepreneurs can be guided to the right direction After all the time is off essence & you don’t want to waste the time before figuring out whether it’s working or not
We at Outsourced CMO has been on advisory board of some of the startups & this has really helped the entrepreneurs to maneuver there business strategy on timely basis
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