Episode Details
Back to EpisodesCreate a Vision Statement for a Digital Agency to Fuel Growth
Description
Why did I almost QUIT my multi-million dollar agency to get a job? It sounds crazy to think that I'd gotten to that point – for many is a measure of success – and was willing to let it go. I needed to learn to plan for the future and create a vision statement for my agency.
You see, I envisioned owning a business as the ultimate path to freedom, but it was ending up being the exact opposite. Like most agency owners, I started off wanting a business that provided me with predictability, freedom, and wealth. However, there came a point where I felt like a prisoner to the agency I had created.
I was doing EVERYTHING!
Every little decision in the agency was going through me. My team was not making a single decision without me and everything was falling on my shoulders. I was stressed out and miserable.
It's easy for agency owners to become overwhelmed by the daily grind. This habit will only take you so far and the agency will eventually plateau. You need to take time to plan for the future and envision the agency you want to build. Your vision dictates your eventual success.
Here's what I want to discuss with you today:
- The first of two keys that led an agency from barely scraping to being nearly an 8-figure agency.
- The 5 most important questions which allowed my agency to grow faster while I worked fewer hours.
- The secret that led to eventually selling my first digital agency to a huge firm.
I've seen many agency owners skip these steps, but it's the foundation that your agency is built on and the most important thing we make sure the members of our Agency Mastery do.
SubscribeApple | Spotify | iHeart Radio | Stitcher | Radio FM
Setting the Vision for Your AgencyI always say running an agency is like getting on a boat with your team. As the captain, you set the course. However, if your team has no idea where you're going, they'll keep coming to you to steer the boat in the right direction. After a while, it'll get pretty frustrating. It happens to a lot of us and things will never truly change for your agency until you figure out the two keys to successfully leading an agency, here's the first one:
Communicate your vision. This means not just gathering your team and explaining your vision once. For them to steer the boat even in your absence, you'll have to communicate that vision often.
The Five Most Important Questions Every Agency Owner Should AnswerWhen I say I almost made the decision to take a job a quit the agency I mean I even did interviews. One of those interviewers asked me the most important question I've ever been asked and one I encourage you to ask yourself:
1. What do you want to do every day and what do you want to avoid?The answer to this question was the beginning of my vision. I realized I didn't have to shut down the agency. I just needed to create a vision and plan that allowed me to work on the things I loved and delegate the ones I didn't want to work on.
2. What type of agency do you want to have?