Build A Better Agency Podcast

A lot of agency owners say to me, “Drew, I know you’re running your own agency and I know you’re running AMI. I know you've got some other things on the side like real estate. How in the world do you get it all done and how do you keep yourself organized, on track, and on-time?” So for today’s solocast, I want to talk about how you can get more out of your day. I know that I may give the impression of being able to get it all done – but I never do. Let me be very clear about that. I don’t. I don’t want to say to you that my “To Do” list is ever empty because it’s not. But it’s manageable and I keep everything moving forward like I need to. Like many of you, I have spent years trying to crack the nut of my own productivity. I’ve tested tools, tried tricks and heaped hacks into my day. Over the years, I’ve developed a reliable system for managing my world and my day so the most important things get done every day. And that’s what I’d like to share with you in this solocast. It is my own blend of habits, tools a

A healthy agency, on average, loses about 10-15% of their AGI every year through client attrition. That means that just to stay even, you have to sell. If you want to grow – you have to sell. If you want more money to give raises, bonuses or take a little for yourself – you have to sell. Unfortunately, 95% of agency owners hate to sell. You hire sales people so you don't have to do it. Sadly – they rarely pay for themselves. If you have one that does, do what you have to do to keep them! But in most agencies, the best salesperson is the owner. You can have very different conversations with prospects than anyone else in your shop and based on the research we’ve done with CMOs – those are the conversations that move them through your sales funnel. That’s why this topic is so vital. You can’t get or keep any momentum in your agency if you’re afraid of sales. Which is why I invited Anthony Iannarino onto the show. He’s a highly respected international speaker, bestselling author, entrepreneur, and sales leader. H

The truth is that our world as agency owners is in constant flux. Think back to the Mad Men days when we didn’t charge clients anything for creative or strategy. We lived and died off media commissions. That wasn’t hundreds of years ago, that was just a few decades ago. So it’s no big shock that our industry is, yet again, undergoing a transformation. We’ve seen it coming for a while and for many of you, this may be something you’ve already been thinking about or experimenting with inside your shop. Most agencies have been playing footsie with content. Your shop may be the exception but for most agencies, they’re good at creating content in volume but we’ve been too focused on getting done and not the true strategy underneath. It’s time for us (for both ourselves and our clients) to get serious about what thought leadership means, owning a distinct point of view/position and leveraging that point of view to generate revenue. That’s why I was excited to have Robert Rose on the podcast. Robert’s most recent boo

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 compensa

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

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 fi

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 sy

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 compan

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

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 co

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’

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

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

Jeremy Knight spent 20 years as a B2B publisher creating publications for the private equity and fast growth business sectors. With digital technology, the Internet, and social web Jeremy believed making clients the publisher in a new media age was not just a good idea, it was the foundation for building a business. After all, building an audience was a better proposition than renting a list or leveraging third party routes to market, right? He launched Equinet Media in January 2009. Discovering HubSpot in 2011 was a game changer. The blending of a content marketing play with an inbound methodology propelled the business forward as everything we did for clients had measurable outcomes. Today Equinet is an Inbound Agency, working specifically for the manufacturing and professional services sectors, operating on the EOS system and delivering services through an agile scrum process.   What you’ll learn about in this episode: Jeremy’s transition from publisher to agency owner and the challenges he faced in that

Lindsay Grinstead & Bill Boris-Schacter have lived and breathed the experiential marketing space collectively for over 50 years. They started Tonic Consulting Group to take that experience and help other live event agencies, and their partners, grow both their top and bottom line. Through their combined experience, they bring an operations and sales expertise to their clients. Lindsay has worn a sales & marketing hat for her clients and her agency throughout her career. In her 15 years at Jack Morton Worldwide, she grew small accounts into huge ones and created a few award-winning programs along the way. Lindsay understands the challenges in finding and winning new business and how to organically grow business. She expertly navigated Fortune 500 companies, maximizing opportunities for revenue growth. Every client calls Tonic looking to "grow". Lindsay & Bill help their clients identify what is hampering their growth, develop a roadmap to success and then roll up their sleeves & help implement

Drew McLellan is the CEO at Agency Management Institute. For the past 23+ years, he has also owned and operated his own agency. Drew’s unique vantage point as being both an active 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) that happen over and over again. He has also written two books and been featured in The New York Times, Entrepreneur Magazine, and Fortune Small Business. The Wall Street Journal called his blog “One of 10 blogs every entrepreneur should read.”   What you’ll learn about in this

Based in Dallas, Stephanie Chung and Associates offer sales training, executive coaching, and small business mentorship services nationwide. Among her products is the High Ticket Selling Made Simple course, designed to help small business owners sell more and make more. As a former sales executive in the aviation and private jet industry, Stephanie has mastered the art of high ticket selling and has mentored, coached, and developed some of the highest paid, most elite, sales professionals in the country. Serving business leaders, entrepreneurs, and sales professionals, Stephanie Chung uses her proven executive coaching and sales training expertise to drive your top line sales. Chung is an executive coach, trainer and advisor backed by more than 25 years of team management, business development, and sales leadership experience. Chung is also a public speaker, a contributor on ABC, CBS, NBC and author of “Profit Like a Girl: A Woman's Guide to Kicking Butt in Sales and Leadership” and “Embrace the Suck: How to

With 19 years of Outdoor Advertising experience, Betsy McLarney has planned, managed, and executed many fully integrated Out of Home (OOH) advertising campaigns throughout North America and worldwide. Today she leads a team of experienced, dedicated strategists who help clients maximize the potential of Outdoor advertising (OOH), by complementing a robust integrated media plan. EMC Outdoor works seamlessly with their agency clients or direct with a brand’s media department to deliver pitch-perfect programs and outstanding results each and every time. Complete client satisfaction is their ultimate goal.     What you’ll learn about in this episode: Out of Home (OOH) media: what is it? How digital outdoor advertising really makes the experience come alive for consumers Using OOH to hit consumers with messages at multiple touch points throughout their day It’s not just for B2C: how B2B can utilize OOH to enhance their campaigns Using street teams effectively to get your message out to live people Why OOH isn’t

Ryan O'Donnell is a midwest kid who moved to NYC after college and landed a job on Wall Street making 500 calls a day. He hated it, followed a passion for tech, and ended up joining a company early that eventually sold to Yahoo for $850M. He grew a business unit from $0 - $20M and left Yahoo to startup. Fast forward 3 meandering years trying to generate sales and Ryan decided to build a product to speed up the time to revenue for any business selling a product or service B2B called Sellhack. He’s successfully running this company today, helping his clients get in front of the right prospects faster and with a better close rate than they’d been doing on their own. He’s a father of 3, husband, and hobbyist prepper, and he’s in relentless pursuit of scratch golf.   What you’ll learn about in this episode: Why sales is all about automation and efficiency Using data to take the guesswork out of the prospect search Crafting compelling emails to prospects based on what you know about their competition (that you al

Sam Mallikarjunan is a Marketing Fellow at HubSpot and former Head of Growth at HubSpot Labs, the somewhat-secret experimental arm of the world’s #1 Sales & Marketing platform. Sam teaches Advanced Digital Marketing at the Harvard Division of Continuing Education, and he is also the co-author of the book How To Sell Better Than Amazon (which, thanks to the publisher, is ironically available for purchase on Amazon).   What you’ll learn about in this episode: The way the internet has changed selling so that there’s almost too much information How salespeople can help consumers sift through the breadth of information out there Structuring sales calls so they’re all about asking the buyers questions about their business The power of inbound: competition where no one else is competing Learning to say no to bad revenue Why you need to build buyer personas -- both for your ideal customers and customers that you don’t want to do business with because they’re going to cost you money Why clients need agencies to