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How A Singular Focus On Revenue Limits Your Agency’s Success

As an agency management consultant, I frequently ask agency owners what goals they’ve set for their businesses. Without exception, the first — and often only — goal they cite is more revenue. Unfortunately, revenue is a vanity metric. Bringing in more money might make you feel good, but it doesn’t always indicate meaningful growth. If you’re only monitoring and measuring revenue, you’re doing yourself a disservice. In this piece I recently contributed to Forbes.com I discuss how setting other growth goals is the key to moving forward and determining success.

July 9th, 2021|

The pressures of agency ownership – are they all real? with Drew McLellan

With the realization that this was going to be the 300th episode of this podcast, I unconsciously started to put an extraordinary amount of pressure on myself to create something that was fantastic and perfect. Agency owners live with an immense amount of pressure and expectation every day so this kind of thinking is normal. But that doesn’t make it healthy, helpful, or wise. […]

July 5th, 2021|

Turn your agency into a content powerhouse with Scott Ginsberg

Content is the cornerstone of any current agency’s ability to position itself as an authority, but many agencies struggle with knowing exactly how to actually create all the content they need for both their clients and themselves. Where do the ideas come from? What if the ideas seem too big or ridiculous? Is it possible to schedule creativity? How is the content leveraged? […]

June 7th, 2021|

Agency Trends Report 2021 with Drew McLellan

To put it mildly, 2020 was a storm none of us saw coming and it lasted for much longer than we expected. Business as usual went out the window and everyone shifted to survival and then re-building mode. Now that we’re moving into a post-pandemic world, let’s explore some of the emerging agency trends that are impacting agencies today and will continue to play a role for the next 12-18 months. […]

May 31st, 2021|

Understanding the gift of doubt in agency leadership with Marc Pitman

You’ve heard me say it a million times. Most agency owners are accidental business owners. Whatever your agency’s origin story, most of us can remember the moment when we looked around and realized, “This is so much harder than I thought it would be and if I’m being honest – I am winging this.” In the beginning, we’re nervous about admitting our uncertainty but at some point, most agency owners are hungry to learn and willing to admit don’t always have the answer. But what if embracing the doubts we all have is actually a sign of great leadership? […]

May 10th, 2021|

Understanding today’s agency human resources challenges with Molly Eyerman

The last year has been one for the books as an agency owner and the HR issues we’ve had to deal with have been off the charts! We’ve faced the pandemic, working from home, layoffs, furloughs, understanding what employee assistance was available for our people and been put in the role of mental health counselor to boot! There’s also been a call to build a more inclusive workforce during a time of incredible racial tensions. All of this has challenged us to truly think about what kind of an employer we want to be. […]

May 3rd, 2021|

Don’t let imposter syndrome undermine your agency with Kris Kelso

In the agency space, we have to constantly be reinventing the wheel because everything keeps changing. By the nature of our business, we are always doing something for the first time which, by default, lends itself to having a nagging doubt now and then. In a world where it’s impossible to have all the answers, but also being a leader in an industry where you’re supposed to understand everything, it’s easy to fall victim to imposter syndrome. Fortunately, you are not alone and there are some fixes you can deploy. […]

April 5th, 2021|

Being smart about your agency through the right legal tools with Sharon Toerek

Every week I get an email or three from an agency owner asking me if I have a contract template or some other legal document that they can just copy and use. My response is always the same. For a few hundred or thousand dollars – do not put your entire agency at risk. It’s dangerous and short-sighted for an agency to use someone else’s agreement as a template. They need to be built for your agency, your clients and your particulars. But when is a DIY approach acceptable? What, exactly, is a “done with you” model? And how can you determine when an actual attorney is necessary? Understanding the when, what and how of various legal tools available is vital to protecting your agency. The good news is that you can spend a little now to avoid paying a lot down the road. […]

March 29th, 2021|

Why can’t I find a successful salesperson for my agency?

Almost every agency owner I know wishes they didn’t have to do sales and wants to hire it out to an employee. I hear this every day because what we do is hard to sell.  99 out of 100 salespeople that an agency hires will not sell more than their initial salary and are usually fired within the first year.  To be a successful agency salesperson, you have to understand not the WHAT of our work but the WHY of our work.  How do we really add value, increase sales etc.  You also need to have super high level business conversations and most people can’t do that unless they have been a CMO, business owner, etc.  If you don’t have the real life experience, it’s tough to know how to start or carry the conversation. People default to the “what keeps you up at night” BS because they can’t actually dig in and talk the talk. That level of business acumen is not easy to come by.  The few successful salespeople inside agencies have at least 2-3 of these factors: The agency is a wonder bread factory (they have a very narrow focus of deliverables AND clientele so it’s easy to learn the nuances, because there aren’t that many) The agency has a narrow niche/niches so the sales person does not have to understand too many industries or verticals The agency is truly creating thought leadership content on a consistent basis so they can claim an authority position on their niche/niches. The sales person has already sold a high ticket ($25K and above) item/services to the same industry (has contacts and context) The sales person was a very successful account executive within your agency who [...]

March 19th, 2021|

How to tackle DIY research in your agency with Matt Seltzer

Back in the good old days (pre great recession) agencies used research to make their work smarter and more effective. But it became a luxury we trimmed out as we had to squeeze budgets. As we emerged from the recession, we dismissed research as expensive and didn’t build it into our recommendations as often as we should. But what if we could benefit from the insights research provides without busting the budget? […]

March 1st, 2021|

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