We started a consultancy company 4 months back with two medium sized projects that we got as individual freelancers.
We have the expertise and experience in healthcare technology ( FHIR, interoperability ), which is a niche. But now we have zero leads from last month. We cannot figure out how to reach the potential interested clients who need this technology.
https://alstonia.io
* If you are waiting on leads, you die. You create leads -- every day, as your top business priority -- by working to inform and educate people. You deliver value now (information, education) to capture value (a sale) later.
* This is going to mean talking to strangers. It's going to mean experimenting with ads, native advertising, figuring out which channels your buyers frequent, etc. The failure-to-success ratio will be high and that, as painful as it is, is fine. It's part of the process.
* As others have indicated: Don't assume you can just hire someone to do sales or marketing. If the founders don't fully understand the value proposition and the pain points of potential clients, it's very hard to succeed.
* You're new and that means you're likely small. You're also specialized. Consider throwing effort at partnering with larger players who have cracked the code, have a steady stream of clients but don't have your expertise. Subconsulting is profitable and a way to keep the doors open while you figure out how to hunt and kill your own work.
* Your rates have to be high enough to support you with 50%+ of your time unsold/unbooked. During that unsold/unbooked time? You are marketing. With the possible exception of sending out invoices, nothing else is as important.