4min snip

Content Is Profit cover image

The Guy That Generated $50 Million with No Sales Pitch & The Question That Sells More Than Sales Teams with Josh Tapp

Content Is Profit

NOTE

How to Sell Your Agency to Bigger Agencies

Agency work is lucrative initially, but as it scales, margins decrease due to increased expenses. Building agencies to sell to larger agencies can be highly profitable, with potential for selling for 3 to 12 times the take-home pay. Strategic exits involve selling the agency for a considerable sum and retaining a portion of the company's profits. This approach enables long-term passive income. It is advised to structure agencies profitably from the start, focusing on either selling the agency or running it profitably to enjoy the benefits. Selling coaching programs is challenging currently, while businesses selling physical products should always be built with the intention to sell, emphasizing building relationships with the audience for future success.

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