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What does it mean to Solve Bigger Problems? - Casey Stanton - Fractional CMO Show - Episode # 066
What does it mean to Solve Bigger Problems? - Casey Stanton - Fractional CMO Show - Episode # 066
ratings:
Length:
20 minutes
Released:
Apr 12, 2023
Format:
Podcast episode
Description
Sharing insights from his own marketing journey is Casey Stanton, the Founder of CMOx, a Fractional CMO, and author of the Wall Street Journal #1 bestseller, The Fractional CMO Method. Casey explores what you need to do in your day-to-day in order to solve bigger problems and get paid for the amazing work you do. Takeaways: The bigger and more impactful the problem that you’re solving is for a client, the more you’ll be able to charge for your services. Your compensation is tied to the size and severity of the problems you solve. When companies like Deloitte are brought in to consult on how to fix a big problem, they’re brought in because they are known for solving big problems. How do you position yourself to become known for solving big problems? One way to gain notoriety for fixing large issues is to stop solving small problems. To do this you can hire someone or outsource the labor. For Fractional CMOs, you really need to have a marketing technician as a direct report to tackle the issues thrown at you. You should be able to give your direct report marketing technician 15 minutes of instruction and let that inform their next 40 hours of work. For example, you would ask them to set up an email tool and then they would choose the right one and implement it. As a Fractional CMO, you need to make decisions that maintain a certain balance of speed and cost. While you never want to overpay, there are times when getting something done faster is worth paying extra for. When you think about solving bigger problems, try to globalize the problem and think about how you can remove it completely so that it never rears its head again. Even if there are small exceptions that need to be made down the line, get a process in place. When focused on the biggest problems, you provide the most value if you identify the critical KPIs to track, identify who owns those KPIs, and drive those people to deliver on those KPIs, every week, every month, and every quarter, that business will grow faster, with more predictability and less frustration. Quote of the Show: “The bigger the problem that you solve, the bigger the impact and the bigger the paycheck” - Casey Stanton Links: Twitter: https://twitter.com/CaseyStanton LinkedIn: https://www.linkedin.com/in/caseystanton/ CMOx Website: https://cmox.co/invite The Fractional CMO Method: https://cmox.co/book/ Ways to Tune In: Amazon Music: https://music.amazon.com/podcasts/039bc2d6-c1b5-4ced-ac2a-437e69546e7c/fractional-cmo-show Apple Podcast: https://podcasts.apple.com/us/podcast/fractional-cmo-show/id1592740671 Spotify: https://open.spotify.com/show/1HGwnjsXA4c4gYQvj4w53E?si=bd6e0908e25749ec Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9mcmFjdGlvbmFsY21vLmxpYnN5bi5jb20vcnNz?sa=X&ved=2ahUKEwjlpNDTveb0AhUXEFkFHaZcDtYQ9sEGegQIARAC YouTube: https://youtu.be/SrDbp5Vr_ec
Released:
Apr 12, 2023
Format:
Podcast episode
Titles in the series (79)
Coming Soon - The Fractional CMO Show: My name is Casey Stanton and I'm the founder of CMOx, the leading fractional chief marketing officer company. And today I want to tell you about my podcast, The Fractional CMO show This isn't just about how you can position yourself as a Fractional... by Fractional CMO Show