Last week I participated in the Tel-Aviv-Yafo Entrepreneurs Meetup I organized. The meeting presented a panel of three, Danny Arazi, Ouriel Ohayon, Yaniv Golan and was moderated by Avichai Levy (about the participants). The debate was around the question “How early should a company begin to establish its brand and marketing strategy?”
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But do all entrepreneurs have the marketing knowledge and qualities? People may be brilliant developers, but when it comes to marketing, a whole new set of tools, knowledge and …. well, eyes is required.
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Tags: branding, business, entrepreneurs, entrepreneurship, group, hi-tech, hitech, marketing, meetup, strategy
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I found your post very interesting, however as a marketing consultant a little disturbing. I specialize in marketing startups and I am all too familiar with your comments about “total disregard for marketing, or the opposite, “know-it-all” approach”, as well as the “creative” approach when it comes to payment (hourly basis, deferred payment, etc.).
For me to really help a company I need to get into the “guts” of the place, understand the various players and how they work, what they want to achieve and why they are really different (as opposed to the classic Israeli “we have no competition”). I must do my own “marketing due diligence” in order to bring the best suggestions, identify the real differentiators, and open up the creative resources needed for marketing. No good consultant (including myself) is able to develop a really powerful slogan, or marketing POA if they are checking the clock, or if my customer sees me as an outsider or even worse, a “necessary evil”.
Regarding the length of the partnership, I agree, no need to “marry” the consultant. However, a plan is only as good as it’s implementation, and very often, without the consultant being there to support the implementation process, it all goes to waste.
No-one can be everything. That is why we focus on what we do best, and delegate to the rest of our team, or the consultants we hire to do a good job. Once you’ve chosen the consultant, you must allow yourself to trust them, and let them to do their job (although a good consultant will be involving and reporting to you every step of the way). The results and experience can improve your approach to the investor and to the market a hundredfold.