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One Agency's Fast Track to $3 Million in Revenue with Brad Martineau | Ep #136
Description
If you want to know how to be up there with the big name agencies through fast track revenue, then my interview with Brad Martineau has everything you need to know.
In this episode, we'll cover:
- 2 secrets to building multi-million dollar through fast track revenue.
- 2 things agency owners should quit being afraid of.
- A cool strategy for qualifying and educating new prospects.
My guest on this episode of The Smart Agency Master Class is Brad Martineau, co-founder and Chief Baller (best title EVER!) at SixthDivision. He started his digital agency after leaving a seven year career at Infusionsoft. He shares with us the secret on how he built a $3 million agency in just a few years.
Brad started at Infusionsoft in 2004, as their sixth employee. When he left in 2011 they had 650(ish)! What he discovered over that time is that Infusionsoft is a very powerful tool that very few people can actually use. When he left, he began consulting and eventually founded an agency for helping business owners master automation and technology so they can enjoy greater success and free up more of their time to enjoy life.
Fast Track Revenue: 2 Secrets to Building Multi-Million Dollar Agency 1. Serious focus (to the point of perfection).Brad says it's super important to stay focused on building one great, profitable product.
He was first exposed to this idea in book Ready, Fire, Aim: $0 to $100 Million in No Time Flat. His biggest takeaway was that a business owner's sole responsibility in getting to that first million is to figure out how to sell just one product profitably.
He took this principle very literal and for three years, SixthDivision focused on one single product… The Two Day Makeover. Brad says at first, a "two day" makeover was taking more like two weeks, which obviously wasn't efficient or profitable.
Working in this way, though, gave the team a chance to get smart about developing a successful process that is profitable, without the distraction of developing and selling other products.
2. Systems and processes that automate the sales process.Do you have a process for screening your leads? If not, learn how to qualify a prospect quickly here.
Not only does Brad have a screening process, but he also puts his qualified leads through a campaign that establishes the know-like-trust factor before they even jump on the phone together.
Check out this super cool strategy for increasing conversions:
- The prospect requests to chat using the online contact form.
- The prospect answers pre-screening questions before their request is approved.
- If approved, the prospect is put into a "prep and reminder sequence." They receive emails about how to prepare for the call, as well as videos to watch prior to it. Video include info on what and how SixthDivision works, success stories, etc.
- On the call, the sales person can jump over the informative stuff and dive right into specifics.
Most people are so anxious to jump on the call, they end up doing the rest of the work on the backend. Doing it Brad's way means spending more time talking about the prospect and their needs, well as more time for objection handling.
This process leads to more efficient sales calls and a higher conversion rate. It also give you the opportunity to elevate the client's experience on the initial call because they've had the opportunity to be educated. (And using software, you'll know whether they watched the videos or not. So, you'll know if they're showing up to your call prepared or not… which gives you the upper hand.