Is it Worth it to Start a Digital Agency? | Ep. #938

Nomzy Stholly

8 min

Investing & Markets

Description

In episode #938, we discuss whether it’s worth it to start a digital agency. Tune in to hear if an agency could help your cash flow. We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress <a href= "http://marketingschool.io/stats/">here</a>! TIME-STAMPED SHOW NOTES: <ul> <li>[00:27] Today’s Topic: Is it Worth it to Start a Digital Agency?</li> <li>[00:38] Neil started out with Advantage Consulting Services.</li> <li>[00:53] A lot of people start agencies and then parlay it into a software company.</li> <li>[01:15] It’s a good way to get cash flow for other projects.</li> <li>[01:54] Eric feels with every new client you ad, the service gets worse.</li> <li>[02:25] Neil started an agency because he gets so many leads, that he had no choice.</li> <li>[03:00] However, an agency doesn’t scale that well.</li> <li>[03:25] Consider keeping your agency lean to insure your cash flow.</li> <li>[04:40] Expansion is hurting Neil’s profits, but it’s still working for him.</li> <li>[05:00] It’s hard to scale an agency past $5 Million.</li> <li>[05:35] It’s not easy to grow an agency in the first place.</li> <li>[05:47] They don’t generate revenue the same way.</li> <li>[06:12] Go to this</sp

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Episodes

Is it Worth it to Start a Digital Agency? | Ep. #938

Nomzy Stholly

8:30