Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

Why Project-Based Agencies Feel Profitable But Aren't Sustainable with Michael Boychuk | Ep #887

7 snips
Mar 11, 2026
Michael Boychuk, founder and creative director at DNA&Stone, a creatively led agency known for emotional brand storytelling. He discusses why project-based revenue feels profitable but is fragile. He explains how a merger added retainer stability, the operational headaches of joining shops, using AI without killing human-led creativity, and why setting audacious goals changes everything.
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ANECDOTE

Merger Felt Like A Marriage Certificate

  • Michael describes merging Little Hands of Stone with DNA after beating them in pitches and realizing their strengths were complementary.
  • The nine-month process felt like "drawing up a marriage certificate" and immediately solved revenue volatility by adding retainer stability.
INSIGHT

Project Roller Coaster Masks Fragile Profitability

  • Scaling into project spikes then contracting created great margins but made the business unsustainable.
  • That feast-or-famine model prevented confident investments in account management and long-term growth.
ADVICE

Use Conflict To Balance Creativity And Operations

  • Embrace productive conflict between creative and account perspectives to force better decisions.
  • Use those arguments to balance bold creative risks with operational restraints like right-timed resourcing.
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