I lost $23,442 with a really bad choice. That was money I needed, because this was my first business – and my bank account was running on fumes. Here’s the bad choice I made, and what you can do if it happens to you – I did what most businesses Read more…
My friend John’s business is dead. He just doesn’t know it. He runs an agency that’s headed straight for irrelevance as AI tools improve month over month. Growth was decent in the past years. But now it’s stalled. Should he double down and tweak the existing model? Or is it Read more…
Should you track your time in your company? If you run any services business – especially an agency like I did, you might hate the idea. Time tracking is frustrating, painful, and for most services business owners it’s a major source of unhappiness. So why should you do it? I Read more…
If you want to see how you can double or more the profit in your agency WITHOUT adding any clients, this article is for you. I’ll show you how I’ve taken agencies – including my own – from 10% or less margins to 35%+ in under 30 days by slicing Read more…
Expanding your services might seem exciting at first, but it could end up being a costly mistake. As an agency owner, you need to be very strategic about what you offer – more doesn’t always mean better. The Story of Jim’s Agency Struggling at $1M Here’s the story of an Read more…
If your agency is operating at 5-10% margins, you’re just a few weeks from dead. I talked to three agency owners in the last week, each doing around $1M in revenue, each with margins under 10% (they’re bringing in $100k in profit) And they AREN’T relentlessly focused on fixing their Read more…