Jul 26, 2018
Here's a some quick advice for starting a digital agency. No flush, no BS. Just down and dirty advice. I reached out to some of my tribe and offered to answer their questions live on the phone. Listen in as I answer Michael's questions about starting his digital agency.
Michael's launching his agency in a couple months and he wants to set himself up for success. Here's what I told Michael:
1. Figure out your niche. What are you really good at and what do you enjoy doing? Having that clarity will help you create the positioning that will differentiate your agency from the competition.
2. Have a vision and direction for your agency. Be purposeful in who you serve. A lot of people start an agency by being reactive to the market that's coming at them. But they don't have direction on what to "yes" to and what to say "no" to.
3. Figure out your offering and what you should be charging. Don't look at what other agencies are offering and how they're pricing. That's a huge waste of time. Instead be really specific about what you do and determine the pricing which the market can bear.
After you do these things, THEN you can work on prospecting and sales, operations and delivery processes. But without doing these initial steps and forming a solid foundation it's just an uphill struggle.
I started my agency without any idea that I was even starting one. Michael is in a different position because he's planning ahead, creating a brand. He's not going to be an accidental agency owner like so many of us. He's already ahead of the game!
Another great resource for starting and/or growing an agency is the Agency Playbook: jasonswenk.com/playbook This is an online, video training with the 8 Systems necessary for starting, growing, scaling and eventually selling a successful agency.
You can also check out these videos on starting an agency:
ALL AGENCY OWNERS need to check out http://JasonSwenk.com/playbook
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JASON SWENK IS AN AGENCY ADVISOR THAT GUIDES MARKETING AGENCIES THROUGH A PROVEN FRAMEWORK FOR GROWING THEIR AGENCY FASTER & EASIER.
Fresh out of college Jason was off to work for Arthur Anderson, one of the big 5 consulting firms. He quickly realized that he could never work for anyone other than himself. He decided to change direction, launch a digital agency that quickly grew to a multi-million dollar operation working with brands such as AT&T, Hitachi and Lotus Cars. After 12 years of steady growth, the agency caught the attention of bigger agencies and Jason sold it in 2012.
Now, Jason leads http://JasonSwenk.com, a unique media
company & consultancy helping marketing agencies grow &
scale their agencies faster by applying the framework that he used
to grow, scale and eventually sell his agency. Jason has helped
over 10,000 agencies in 23 countries meet or exceed their business
Jason currently hosts two shows that are available for download…
The Smart Agency Master Class Podcast, dedicated to providing tactics and strategies to agency owners and decision makers that cut through the BS, focus on exactly what works and what doesn’t; and
SwenkToday a VLOG that documents the entrepreneur journey of building another multimillion dollar business, where he share the latest strategies, and answers the most burning questions entrepreneurs have.
MON-THUR VLOG #SwenkToday with Q&A from my digital agency audience.
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WEDNESDAY: The Smart Agency Master Class
Interviews with agency owners on how to grow and scale your digital agency: http://smartagencymasterclass.com
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