Want to win more clients (and keep them longer) in 2024?Of course you do!Offering a free benchmark consultation as part of your sales process might just be the key to doing both this year.In this episode with Chris Nault, Founder and CEO of Growth, he breaks down the process and results from his agency's 5-week experiment of adding a benchmark consultation into their sales and renewal processes.In this episode, you’ll hear from Chris:When and how to invite clients into a Databox benchmark groupHow it can impact your close rates (for both new & renewal business)sThe role benchmark data can play in on-going client managementHow to leverage benchmark data to build a tight-knit community for your clients and prospectsResources Mentioned in This Episode:Connect with Chris on LinkedIn5 Reasons Your Firm Should Offer a Free Benchmark ConsultationThe State of Agency Operations ReportDatabox (Free) Benchmark GroupsHow 200+ Agencies Invest in Their Own Marketing w/ Pete Caputa & Karl SakasHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

38% of agencies struggle with frequently overservicing clients.  Of the 500+ agencies surveyed for the 2023 State of Agency Operations Report, 44% also said that client demands have become tougher to meet.    Are you finding clients more demanding? Is overservicing happening more frequently in your agency?If so, 2024 can be different on both fronts.Ken Yarmosh, Business Coach, Fractional COO and Founder of The Remote Solopreneur, recently joined the Agency Life webinar series and laid out a clear path forward so that agency leaders like you can help your team to stop overservicing clients (for good).In today's episode you'll learn:The root causes of consistently overservicing clientsHow to stop selling widgets and start selling outcomesThe 5 steps to scale up your agency's offersWhy you need to flip the "Communication Pyramid" with clients to deliver client work without the typical headachesResources mentioned in today’s conversation:Connect with Ken on LinkedInWatch the video replay (complete with slide deck) of this conversation: How to Stop Overservicing Clients for GoodHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

With your business, clients and the world changing so fast around you, it can be tough to know what your growth goals should be--or how to even approach setting them in the first place.Thankfully, Drew McLellan, CEO of the Agency Management Institute (and agency vet himself), joins the podcast today to break down the numbers in a simple formula you can use to set attainable goals in any market. In today's episode you'll learn:How to determine which of the 5 phases of agency maturity you're in todayWhy you shouldn't set your goals based on top-line revenue alone (and how to use AGI instead)How to ideally split your AGI (Adjust Gross Income) between Loaded Salaries, Overhead, and ProfitResources mentioned in today’s conversation:Connect with Drew on LinkedInWatch the video replay (complete with slide deck) of this conversation: Growing Your Agency Too Fast or Not Fast EnoughHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

Whether you're looking at 2024 with aggressive growth goals or simply trying to maintain your existing trajectory, one thing's for sure:It's about more than top-line revenue.No matter what your agency's size, maximizing your profitability is a key part of thriving (or even just surviving in 2024).That's why I'm excited to share my conversation with Megan Bowen, Chief Operating Officer at Refine Labs.  Megan was the very first guest speaker on our Agency Life webinar series and this conversation was too relevant to this time of year not to share.In today's episode you'll learn:How to leverage "time studies" to uncover inefficienciesHow to stagger client onboardings to match capacity and client needsHow to adjust your pricing model as your services evolveResources mentioned in today’s conversation:Connect with Megan on LinkedInWatch the video replay (complete with slide deck) of this conversation: Mastering Agency Profitability: People, Process, and PricingHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

Are you sick of content about AI that just talks about how big of a game-changer it is without giving you practical tips on what to do with this technology?We were too.That's why we hosted Chris Mathieu, Chief Services Officer at New Breed, an Elite HubSpot Solutions Partner onto our Agency Life webinar series to discuss:5 specific ways they're testing & leveraging AI within their agency, and how to avoid the most. common pitfalls with AI adoption right now.We also broke down data from our recent State of Agency Operations Report that illuminated the divide in the agency community over AI.Plus, Chris answered live questions from the community about the various AI use-cases we discussed.Resources mentioned in today’s conversation:Read the full report The State of HubSpot ReportGet your copy of The State of Agency Operations Report (2023)Register for the upcoming webinar Lead to Loyalty: How to Optimize Your Client Lifecycle with HubSpot & Teamwork.comConnect with Chris on LinkedInWatch the video replay (complete with slide deck) of this conversation: AI for Agencies: Growth Tool or Threat?Have a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

What got you here won’t get you there.  You’ve probably heard that phrase before.  And it probably couldn’t feel more applicable than it does right now as we round out 2023.So, the question is: Are you going to keep doing more of the same?  Or do something different in 2024?If you’re in that latter camp, then you’re going to get some encouragement (and hopefully some useful ideas to implement) from today’s guests, Pete Caputa and Karl Sakas.You probably already know, but in case you don’t:Pete is the CEO of Databox, a business analytics platform that helps agencies provide transparent performance management to their clients.Karl is an author, speaker, consultant and the founder of Sakas & Company, a consulting firm helping agency owners work less and earn more.Their two organizations recently teamed up to survey over 200 agencies about their own marketing efforts. The survey continues to collect new responses even up to the time of this recording, and the insights have been published (ungated, I might add) in their new report, How High Performing Agencies Market Themselves.As we unpack this new report with Pete & Karl, you’ll hear:Why most agencies would fire the agency if they had themselves as a clientHow much agencies are investing in their own marketing todayWhat channels your peers are investing in (and which are yielding the highest ROI)Pete and Karl’s advice for you to change the status quo in 2024 (remember what got you here won’t get you there)Resources mentioned in today’s conversation:Read the full report How High Performing Agencies Market ThemselvesGet your copy of The State of Agency Operations Report (2023)Register for the upcoming webinar Lead to Loyalty: How to Optimize Your Client Lifecycle with HubSpot & Teamwork.comConnect with Pete on LinkedInConnect with Karl on LinkedInGet a copy of Karl's book Work Less, Earn MoreJoin the (free) Databox Benchmark GroupsHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

Peter Coppinger, Co-founder and CEO of Teamwork.com, shares his journey from launching a web design agency to leading a successful SaaS company. He discusses the three stages of agency growth—deliver, grow, and scale—and emphasizes the significance of niche specialization during tough economic times. The conversation touches on embracing AI, optimizing client communication for efficiency, and the importance of profitability in scaling operations. Coppinger also makes bold predictions about AI's impact on content creation in the year ahead.

You probably heard recently on this show, from the dozens of agency owners & leaders we spoke to at INBOUND this year, that the number one place they'd invest extra budget dollars (if they magically had them tomorrow) was in marketing their own agency.This begs 2 questions:1) Why is this such a common answer? 2) What can you as an agency owner start doing to address this common need?(because an extra $10,000/mo isn't likely showing up in your mailbox tomorrow)In this week's episode, Danielle Fauteaux, with Momentum Marketing, share some tactical advice on how to answer that second question.Danielle has run her own firm, and now specifically helps other agencies implement The Momentum Framework to build a repeatable revenue generation system.In this conversation, Danielle shares:How to free up founder time for more business development & marketing effortsHow to involve your entire team in your agency's marketing with what she calls "structured volunteering"How you could use a podcast for your agency as a strategic sales tacticThe surprising persona within your team that just might make for your next great salespersonResources mentioned in today’s conversation:Get your copy of The State of Agency Operations Report (2023)Connect with Danielle on LinkedIn2023 Ad Agency New Business ReportHow To Stop Overservicing Clients For Good (Agency Life Webinar)Have a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

Are you an agency owner who could never imagine handing over your agency's sales process to someone besides yourself?Or have you tried to hand over your agency's new business development to a salesperson you hired only to have it crash and burn?If so,  advice from Lee McKnight Jr, VP of Sales at RSW/US, an outsourced business development firm built specifically for agencies may be able to help.In today’s conversation, he shares:The 4 common mistakes agency owners make when hiring a new salespersonSeveral compelling stats from their recent 2023 Ad Agency New Business ReportA 4-Part framework to make your new business development efforts more manageableResources mentioned in today’s conversation:Get your copy of The State of Agency Operations Report (2023)Connect with Lee on LinkedIn2023 Ad Agency New Business ReportAI for Agencies: Growth Tool or Threat? (Agency Life Webinar)3 Steps to Owning Your Niche in 90 Days w/ Nick BennettHow To Build A Kick-Ass Advertising AgencyHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.

Many peers & consultants have said she's crazy for committing to this pricing model as a software development agency, but Amanda Moriuchi, CEO of AppIt Ventures, says the only crazy thing is to think any structure for your agency will be challenge free.Amanda & her team have made a name for themselves in Colorado & beyond, not only for doing great app development work for their clients, but also by committing to a pricing & delivery model of Fixed Bid project pricing when most other agencies of their type are consistently sticking with a Time & Materials approach.As we unpack the learnings from their journey at AppIt, she shares:How their choice of pricing model allows them to better manage team capacityHow it impacts both their sales close rates & service deliveryHow it's allowed them to improve the client communication training the provide to their team membersResources mentioned in today's conversation:Get your copy of The State of Agency Operations Report (2023)Connect with Amanda on LinkedIn$100M Offers: How To Make Offers So Good People Feel Stupid Saying No by Alex Hormozi$100M Leads: How to Get Strangers To Want To Buy Your Stuff by Alex HormoziHave a question about today's topic? Text it to us here!Want to get more content to support your agency life? Subscribe to the Agency Life newsletter, check out past episodes & find more content at teamwork.com/agencylife. This podcast is brought to you by Teamwork.com.