Podcasts

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Agencies are in an all-out talent war these days. New business is coming faster and easier. Your clients had a good year and so did you. But if you’re like many agency owners, you’re actually considering shutting down the biz dev spigot because you can’t find and keep the staff to service the new growth. When you see it in writing, it’s ridiculous, right? But if you’re struggling with staffing, you’re not alone. Agencies like yours are the training ground for other agencies, clients building an in-house department and corporations who are going to pay a premium for your best talent. We have to find ways to attract and keep key hires or we’re going to be on a treadmill forever. We can talk culture, we can talk creative benefits like sabbaticals, and we can even talk about assessments that identify people who are born to work in an agency. As compelling as all of that is, it’s tough to compete with money. That’s what intrigued me about Kevin Monaghan and his strategies to help protect, incentivize, and compensate minority owners and key employees. Kevin and his team at Intuitive Compensation Group work with businesses to create compensation packages that keep your people in place, feeling rewarded and valued. Today, Kevin speaks all over the country and helps business owners, partnerships, business brokers (buyers & sellers), and key employees align their goals with workable compensation models that incentivize over time without running into some of the roadblocks of giving away equity or being stuck with a minority stake in a company where you can’t control dividend distribution. Interestingly, while taking a break from the business sector early in his […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] I don’t believe in life/work balance. When I was a kid, my “work dad” would come home from the bank in his three-piece suit and he’d go upstairs and my “home dad” would come downstairs in jeans, looking for his martini and the download of our day while my mom cooked dinner. Sounds very Leave it to Beaver, doesn’t it? It really was. My dad didn’t have a computer or a cell phone. I can remember the only time the office called him at home – the bank building was on fire. But other than that – there was complete separation of work and home life. We do not have that luxury. At best, we can strive for life/work blend. Our personal lives will seep into the work day and our work will seep into our personal time. But for many agency owners, what that translates to is that you are always on and always working. That’s not only unhealthy for you but it’s unhealthy for your business. You simply can’t grow your agency if you have to do everything that’s mission critical. That’s the conversation I wanted to have with Scott Beebe who is a strategist, teacher, and business coach for My Business On Purpose. He is also the host of the Business on Purpose podcast. Scott is all about about liberating small business owners from the chaos of working in their business and helping them get their lives back by being really clear about what their business is about, what they want to get out of the business, where they have unique opportunities to contribute to the business, and where they need to get out of the […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Have you ever walked around Times Square? I was in New York City last week, and if you’ve ever been here before, you know it’s crazy. With all the lights, the billboards, the chaos, the signage, and the people dancing and handing out flyers – it’s just sensory overload. The eight blocks or so radius that makes up Times Square is a study in advertising and in messaging, sort of both from an old school and new school perspective. It made me think about one of the realities in both life in general but certainly in our life in the marketing and agency business, and that is that there is no such thing as a constant. Even the most constant of constants, like out-of-home advertising, keep changing and evolving over time. The truth of the matter is, for all of us, no matter what channel we display our message on, no matter where we are talking about the work we do and the kind of clients we serve, the channel is changing. So if you’ve got a robust Facebook page for your agency, that’s awesome, but you know that in five years, it’s going to be something different. If you are writing incredible blog content, or you’re producing a podcast, whatever it may be, there may be remnants of what we’re doing today around in five years, but the odds are that it’s going to look different, just like these outdoor boards here on Broadway look very different than they did back in the ’40s and the ’50s. The other thing I noticed was I was watching the messaging for the plays and the restaurants and the souvenir shops, […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] I don’t know about you, but I never feel quite caught up. Thanks to my high tech Post It Note strategy (Every night I list the 3 things, and no more, I must get done the next day and put it on my laptop) I get the most critical things done but there’s always more to do. What saves my bacon every day is that I have a superb team around me and they have systems and processes that allow them to work miracles and keep me on the straight and narrow. Like most agency owners, I have a short attention span and it’s easy for me to get distracted. Our systems pull me back to center. Every business is made up of processes and systems, whether you have them documented or not. If your systems are informal or tribal, then odds are you and your team aren’t being as efficient or effective as you could be. You are literally trying to shove more work into a system that is simply too small. That’s where my podcast guest, Terry Ogburn comes in. He works with entrepreneurs and their teams to create repeatable success through a system he developed through his own experience and the teachings of some of his favorite business books. Terry Ogburn is the owner and Lead Business Coach of Ogburn’s Business Solutions. His proprietary coaching system and personal devotion to the development of others has contributed to the success of hundreds of small to large business ventures. Terry began his business career in 1979 when he invested his last $118.42 to start an air conditioning service business. At that time, he had no car or truck, […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] It doesn’t matter if I’m wearing my agency owner hat or my AMI hat, branding is one of the topics that I always love to talk about. It’s one of the few things in our world that has stayed consistent. It’s very difficult today to survive and thrive if you are indistinguishable from your competitors. I know many of you spend a lot of time and energy developing brands for your clients but struggle when it comes to articulating your own brand in a way that is easy to grasp and actually is distinct. When I think about brand, Derrick Daye, one of the preeminent thought leaders in branding for the last ten years or more comes to mind. You may be familiar with Derrick; in 2006 he launched a website called Branding Strategy Insider. Back in the day it was a blog about branding, and today, it still functions that way, but for many people, it’s a branding bible of sorts. Derrick and his team use real examples and case studies to teach the art and science of brand. It was also the launching pad for Derrick and his company, The Blake Project. It’s where they launch research around branding, and dissect the best brands and what they’re doing. It’s a great resource for agencies and client side professionals to learn about cutting-edge thinking when it comes to branding. My conversation with Derrick was all about what he’s learned about defining and building brands like the White House Press Corps, Coca-Cola, and the National Parks of New York Harbor, when they were trying to re-think the Statue of Liberty and how it could continue to be an icon […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] One of the most common challenges agencies of all sizes are facing right now is the finding the right people to add to the team. Client budgets and programs are growing, new business is getting a little easier and so everything should be rosey. But when you don’t have the right team to get the work done – it’s frustrating and frightening. 10-15 years ago the prevailing attitude was that agencies needed everyone under one roof. After all the work is so collaborative. But when the recession hit and people had to reduce fixed expenses to survive, many agencies who swore they would never use freelancers or hire someone virtual crossed over and did just that. That’s why I was so interested in talking to Nathan Hirsch, the co-founder and CEO of FreeeUp.com, the hands-on hiring marketplace connecting hundreds of online business owners with reliable, pre-vetted remote workers. Nathan can also be found on leading podcasts, such as Entrepreneur on Fire and Eventual Millionaire, speaking about online hiring tactics. If you listen with an open mind and a willingness to consider something different – I think you might get some interesting ideas about your own talent pool.     What you’ll learn about in this episode: Remote workers give business owners an opportunity to level up their talent at a cheaper cost than traditional employees The advantages freelancers bring to agencies The idea of creating your own marketplace with your freelance pool so they compete with each other and always deliver their best work How the freelance business is changing and freelancers have their own team working for them Why Nathan believes you should pay freelancers on an hourly […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Joe Kashurba started a freelance web design business when he was in high school and grew it into a digital agency with a world-class team and clients around the world. He went from building $300 websites to building $30,000 websites and managing 6-figure digital advertising budgets for some of the largest manufacturing and construction companies.     What you’ll learn about in this episode: Joe’s agency that started when he was in high school Why you’ll never get consistent clients without consistent marketing Selling results instead of technology and why prospects respond better to that approach How to know whether it’s better to have in-house employees or an outsourced team in any given area in digital Evaluating digital partners that offer services that you understand but don’t know how to do Using analog marketing tactics when you have time but not money to devote to your marketing Why it’s hard to scale when you try to be everything to everyone The cost of offering complex services How Joe manages his completely virtual team The differences between selling products and services Clearly defining what you offer in a package to prevent scope creep What to do to get caught up on digital trends if you feel you’re really far behind (and how to stay ahead if you’re on top of it) The Golden Nugget:

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] It’s funny what a single question can do. I was all set to record this week’s solocast about the content from the workshop I taught earlier in the week and then someone asked me a question that took me in a completely different direction. The direction of how much agency owners need a posse. I’ll get to the workshop content next time but for this solocast I followed the nudge of the question and talked about how agency owners can surround themselves with people who understand the grind and who can make the journey a little less lonely and frustrating. We’ll talk about the different kinds of groups out there that serve as coaches, mentors, support teams and accountability buddies. We’ll explore why this matters and how it can serve you and your business. But most of all we’ll talk about how much easier life and work can be when you have a posse! Drew McLellan is the CEO at Agency Management Institute. He has also owned and operated his own agency since 1995 and is still actively running the agency today. Drew’s unique vantage point as being both an agency owner and working with 250+ small- to mid-size agencies throughout the year gives him a unique perspective on running an agency today. AMI works with agency owners by: Leading agency owner peer groups Offering workshops for owners and their leadership teams Offering AE bootcamps Conducting individual agency owner coaching Doing on-site consulting Offering online courses in agency new business and account service Because he works with those 250+ agencies every year — he has the unique opportunity to see the patterns and the habits (both good and bad) […]

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] Duane Melius has worked eight years in journalism, social enterprise, and media production in London and over six years across Southeast Asia in a digital agency environment. He’s previously had clients in banking, automotive, food & hospitality, FMCG, entertainment, and more, and those clients have been both B2B and B2C. He has millions of dollars of Digital campaign experience. Duane specializes in growing teams that use digital channels to reach niche and mass audiences with ROI-enabled campaigns, activities, and retainers.     What you’ll learn about in this episode: The challenges traditional agencies are facing in going digital Why you need to use digital in your personal life to be able to sell it (and why your team needs to do the same to create great digital content) The importance of mastering the area of digital your agency has as its core competency while keeping familiar with other areas Staying on top of what’s new in digital Qualities that make for great digital employees Using reporting to show your clients how your digital efforts are improving Ways to interview for new digital skillsets that you don’t have inside your agency yet Using a multi-step approval process to make sure mistakes don’t get made with digital content Making the content approval process easier on clients — especially when there is compliance involved The good and the bad of digital tools (and why there’s often more bad than good, especially with social media) Why clients might start to take their social media in-house and what agencies can do to stay invaluable Unlocking the competitive advantage which exists within your people The Golden Nugget:

[easy-social-share buttons=”facebook,twitter,google,linkedin,mail” counters=1 counter_pos=”topm” total_counter_pos=”leftbig” style=”icon_hover”] As soon as I heard the tax law had passed, I made one call – to Eric Levenhagen, my personal tax advisor who has helped me craft my own tax strategy for years and today works with many agency owners across the country. I had two questions for him: 1) How do we need to alter the tactics we’ve been applying for my businesses and 2) Will you be on my podcast and help my listeners understand how the tax laws will impact them? As you’ll hear, we got right to the heart of the matter and spent the entire episode talking specifics about how we can take advantage of the new law and what we’re going to have to shift because it’s no longer advantageous or possible. I hope you’ll listen and walk away feeling like you have a better handle how the new tax law is going to impact your agency and your personal finances. Eric Levenhagen founded ProWise Financial Coaching (formerly known as ProWise Tax & Accounting) in 2005. Eric’s mission is to perform a comprehensive service for his clients, unlike any other firm out there, and help clients lead a life of financial abundance. Eric is both a Certified Public Accountant and a Certified Tax Coach who integrates both disciplines into a holistic, client-centered approach towards maximizing his clients after-tax income and wealth. Outside of the office, Eric enjoys spending time with his wife and kids. His hobbies include reading, following college and professional football, and music. Finally, Eric is an aspiring traveler and hopes to be able to take his family many places around the world someday.     What you’ll learn about in […]