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Agency Freedom: Special: Sometimes Producer Is Better Than Principal

Agency Freedom: Special: Sometimes Producer Is Better Than Principal

Published 4 years, 1 month ago
Description

In this solo episode of Agency Freedom Podcast, James talks about the possible benefits of being a producer instead of an agency principal.


For many people, the producer career track may yield greater happiness, satisfaction, and personal wealth than the agency principal track.


Episode Highlights:

  • James explains that for some, depending on one's goal, and how they are wired to be in the industry, being a producer is better than an agency principal. (0:53)
  • James shares that some benefits of being a producer are that there is no overhead and you are not paying any payroll because all you have is revenue. (02:53)
  • James explains that as a producer, you don't worry about vendors, tech stack, and administrative things. (03:33)
  • James shares why being a producer simply means having no distractions. (04:13)
  • James shares that, as a producer, you can increase your personal revenue with ease and your proximity to your client is a huge advantage. (05:15)
  • James shares that another advantage of being a producer is that you can easily define success. (07:23)
  • James explains that the challenge of being a principal is the struggle to balance growth and cash flow. (08:04)
  • James explains that another challenge of being a principal is the feeling of not having enough time. (09:04)
  • James shares that, as a principal, it is your responsibility to manage interpersonal challenges. (12:00)
  • James explains what shiny stuff syndrome is, and how it is a challenge for a principal. (13:57)
  • James explains that his point is that sometimes,  being a producer is better than being a principal. (18:45)


Key Quotes:

  •  "As the principal. It's your responsibility to come to the office and create the work that needs to be done by other people on your team." - James Jenkins
  • "If you don't have that roster of the up-and-coming talent, if you don't know who the next person is, who's going to win on your team, you are already at a deficit and your growth is going to be stunted." - James Jenkins
  •  "If everybody is a boss, then there's no one to do the actual work. There's no one to handle the client relationships. There's no one to close the deal." - James Jenkins
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