In episode #938, we discuss whether it’s worth it to start a digital agency. Tune in to hear if an agency could help your cash flow.

We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress here!

TIME-STAMPED SHOW NOTES:
[00:27] Today’s Topic: Is it Worth it to Start a Digital Agency?
[00:38] Neil started out with Advantage Consulting Services.
[00:53] A lot of people start agencies and then parlay it into a software company.
[01:15] It’s a good way to get cash flow for other projects.
[01:54] Eric feels with every new client you ad, the service gets worse.
[02:25] Neil started an agency because he gets so many leads, that he had no choice.
[03:00] However, an agency doesn’t scale that well.
[03:25] Consider keeping your agency lean to insure your cash flow.
[04:40] Expansion is hurting Neil’s profits, but it’s still working for him.
[05:00] It’s hard to scale an agency past $5 Million.
[05:35] It’s not easy to grow an agency in the first place.
[05:47] They don’t generate revenue the same way.
[06:12] Go to this Single Grain page to watch a video about growing an agency.
[06:54] That’s it for today!
[06:57] We hit our goal of 1 Million downloads! So, we will be throwing a free event in Los Angeles. Check out this website if you would like to attend. Remember: we are capping the event at 500 people, so sign up now, if you’re interested!

Leave some feedback:
What should we talk about next? Please let us know in the comments below.
Did you enjoy this episode? If so, please leave a short review.

Connect with us:
NeilPatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu



Learn more about your ad choices. Visit megaphone.fm/adchoices

In episode #938, we discuss whether it’s worth it to start a digital agency. Tune in to hear if an agency could help your cash flow. We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress <a href="http://marketingschool.io/stats/">here</a>! TIME-STAMPED SHOW NOTES: <ul> <li>[00:27] Today’s Topic: Is it Worth it to Start a Digital Agency?</li> <li>[00:38] Neil started out with Advantage Consulting Services.</li> <li>[00:53] A lot of people start agencies and then parlay it into a software company.</li> <li>[01:15] It’s a good way to get cash flow for other projects.</li> <li>[01:54] Eric feels with every new client you ad, the service gets worse.</li> <li>[02:25] Neil started an agency because he gets so many leads, that he had no choice.</li> <li>[03:00] However, an agency doesn’t scale that well.</li> <li>[03:25] Consider keeping your agency lean to insure your cash flow.</li> <li>[04:40] Expansion is hurting Neil’s profits, but it’s still working for him.</li> <li>[05:00] It’s hard to scale an agency past $5 Million.</li> <li>[05:35] It’s not easy to grow an agency in the first place.</li> <li>[05:47] They don’t generate revenue the same way.</li> <li>[06:12] Go to this <a href="http://singlegrain.com/live">Single Grain</a> page to watch a video about growing an agency.</li> <li>[06:54] That’s it for today!</li> <li>[06:57] We hit our goal of 1 Million downloads! So, we will be throwing a free event in Los Angeles. Check out <a href="http://singlegrain.com/dtla">this website</a> if you would like to attend. Remember: we are capping the event at 500 people, so sign up now, if you’re interested!</li> </ul> Leave some feedback: <ul> <li>What should we talk about next? Please let us know in the comments below.</li> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul> Connect with us: <ul> <li><a href="http://neilpatel.com/">NeilPatel.com</a></li> <li><a href="https://www.quicksprout.com/">Quick Sprout</a></li> <li><a href="http://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="http://www.singlegrain.com/">Single Grain</a></li> <li><a href="https://twitter.com/neilpatel">Twitter @neilpatel</a></li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or you're an established business, you'll learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing strategies that work today from people that actually practice marketing and operate businesses.
Approaching 100M downloads with 2,500+ episodes, you're sure to find something that will help you grow faster. Also don't forget to subscribe to our Marketing School YouTube channel to get more marketing goodness.

Marketing School - Digital Marketing and Online Marketing Tips

In episode #938, we discuss whether it’s worth it to start a digital agency. Tune in to hear if an agency could help your cash flow. We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M...

Is it Worth it to Start a Digital Agency? | Ep. #938

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7611ad0d-b611-419b-bce1-b0d2005285bd/transcript

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