A Tale of Two Ventures: Starting a Marketing Consultancy and Planning a Wedding Amid Economic Turbulence

Neil Russell-Smith • 14 November 2023

An entrepreneurial journey


Life often throws unexpected challenges and opportunities our way, and in my case, the stars aligned in a peculiar yet exciting manner. As an experienced marketing leader turned independent marketing consultant, I embarked on my entrepreneurial journey amid economic turbulence while simultaneously planning my imminent wedding. In this blog, I will share some of my experiences of navigating these two rare challenges and offer some valuable tips for aspiring to what I like to reference as, being a "solopreneur." 

Setting the Scene 

The year 2020, marked by the COVID-19 pandemic, presented a unique set of hurdles for anyone looking to start their own business. The economic uncertainty was palpable, but it was at this time that I first considered venturing into the world of marketing consultancy – based on the years that preceded this, I knew I was in for a wild ride. The decision was not taken lightly, but my passion for marketing and my desire to build a business that truly aligned with my values drove me forward in July 2023. 


Simultaneously, the love of my life and I were busy planning our wedding, something that was two years in the making and scheduled for late September this year. Balancing these two major life events - oh, and did I mention my son’s fifth birthday and his first day of school (both on the same day) also being thrown into the mix - required some careful planning, a great deal of flexibility, and of course... lots of patience! 


Navigating the Challenges 

So, how did you cope I hear you ask. Below are a few of the major challenges I had to traverse: 


Financial Uncertainty 

The first and most pressing challenge was the economic instability. Business budgets were being cut, and many companies were hesitant to invest in marketing headcount or fixed resources. To counter this, I adopted a conservative financial strategy, keeping overheads low whilst offering clients effective marketing solutions that help them drive growth, enhance brand reputation, and deliver measurable results. 


Time Management 

Establishing a consultancy and planning a wedding left me with very limited time. Effective time management was crucial. I created schedules, prioritised tasks, and embraced the power of delegation. Equally, ensuring I maintained that critical work life balance was must – you can’t beat some father and son time after school, whether that’s a trip to the park, supporting him with his swimming lessons, or just grabbing a hot chocolate (and the obligatory marshmallows) at a coffee shop! 


Self-Care 

Stress levels were high, so self-care became a top priority. I scheduled regular breaks, exercised, and practiced mindfulness to stay focused and energised. I find that long walks (with and without my son) help and taking some well-earned time out for a game of golf now and again is a fantastic way to ‘reset’ and recharge the batteries. 


Adaptability 

Flexibility was key – especially during those stressful moments. In the ever-changing landscape of marketing, not to mention with the countless tasks and suppliers to be managed as part of wedding planning, being open to new ideas and quick to pivot was essential. Staying calm, driven and working towards your goals is a sure-fire way of being successful. 


Communication 

Both in my personal and professional life, clear and honest communication was the glue that held everything together. Open conversations with my partner, clients, and suppliers were vital for managing expectations and avoiding misunderstandings. 


Top Tips for Aspiring Solopreneurs 

1. Start with a Solid Plan 

Whether you're launching a business or planning a wedding, a detailed plan is your roadmap to success. It helps you develop a long-term plan and set clear goals to achieve, ensuring that you also allocate your resources effectively. 


2. Build a Support Network 

Surround yourself with people who believe in your vision, be it mentors, friends, or family. They can (and will) provide guidance, support, and encouragement during challenging times. Don’t be afraid to bounce ideas off them, no matter how major or minor a decision you may think it is... my now wife will avidly attest to this regarding wedding planning. 


3. Embrace Digital Tools 

In today's world, technology can be a solopreneur's best friend. Utilise project management tools, communication apps, and marketing platforms to streamline your work. The role of AI (artificial intelligence) in Marketing is also a major development to be embraced. AI marketing insights are empowering businesses to build a foundation for growth and future success by exploring new marketing, product and customer engagement opportunities. 


4. Stay Informed 

Keep an eye on market trends and industry updates. The more you know, the better equipped you'll be to adapt and thrive in any environment. Working with subject matter experts, experienced industry partners, and even analyst firms will compliment your planning efforts and use of digital tools. 


5. Adapt and Innovate 

Be ready to pivot and evolve your plans when necessary. The ability to adapt is a superpower in solopreneurship and will ensure you minimise costly challenges and achieve the most value from your investments. Prioritising your self-care is an important component - burnout can be your greatest enemy, so make self-care a non-negotiable part of your routine. 


In Summary 

Starting a marketing consultancy during a time of economic turbulence while planning a wedding was undoubtedly a unique and challenging experience. However, the journey has been incredibly rewarding, and it's taught me valuable lessons about resilience, adaptability, and the importance of a strong support network. 


Aspiring solopreneurs, take heart. With the right plan, determination, and a little creativity, you can navigate the choppy waters of entrepreneurship while managing other life events. Just remember to stay flexible, communicate openly, and prioritise self-care, and you'll be well on your way to building a successful business (and wedding day), no matter the circumstances. 

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