Build a Better Agency Podcast

Drew McLellan
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Oct 9, 2023 • 53min

EP 418: Redesigning agency culture in a new remote and hybrid world with Gustavo Razzetti

Shifting agency culture has been a huge point of contention for many agency owners since the beginning of the pandemic. For some, it's brought a lot of challenges in understanding how we can work as a team while being scattered around, while others have embraced the changes and have tried to adapt the best they can. However, it can still be challenging to fully adapt to how quickly agency life has changed in just a few years. Our guest today, Gustavo Razzetti, has one simple message for us — it's time to accept that agency life as we know it has changed forever, and we need to figure out what that means for us and our teams. Agency culture may never be the same, but we shouldn't be less successful because of it. Join us in listening to our discussion about creating an effective agency culture for you and your team, whether hybrid, remote, or trying to figure out something entirely new. There is no one-size-fits-all approach, but we can at least help get the wheels spinning so you can figure out where to begin. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: Why agency culture is so important today compared to in past decades Creating a workplace culture that makes people want to work there AND stay Welcoming communication and collaboration in remote or hybrid teams Getting a facilitator involved in agency culture shifts Trialing new ideas and work strategies before fully committing Workplace trends that are coming, and what's here to stay Why the 9-5 is dead, but the 4-day work week isn't the solution Flexibility goes both ways Helping clients overcome common remote workplace challenges Involving employees in problem-solving earlier in the process How owners and leaders can create a strong agency culture in a new modern work environment
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Oct 2, 2023 • 57min

EP 417: The art of perfecting presentations for agency employees with Michael Weiss

No matter how experienced you are, everyone gets nervous before getting up in front of a room full of people to speak. The adrenaline starts pumping, and you start doubting yourself and your ideas a little bit. It's a universal experience we've all felt at least once in our lives. Michael Weiss is here to teach us that giving presentations doesn't have to be the stressful, nerve-wracking experience we often make it out to be. When you boil it down, it's just an exchange of ideas you're gifting to your audience. And with enough rehearsal and understanding of your speaking style, it can be engaging and fun, too. If you have a sales pitch, an important client presentation, or even a big presentation on stage at a conference coming up, be sure to refer back to this episode to learn professional strategies for how to deliver an informative presentation while keeping your audience engaged and interested. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: Helping people recognize they've earned the right to be on stage Understanding that the audience wants you to succeed Why you must always rehearse before presentations, and for how long Getting more comfortable with rehearsing presentations How agency leaders can set great examples for the team with presentations Finding a groove when presenting with multiple speakers Honoring your speaking style and giving engaging presentations How to have brilliant and clear slide decks Reading the audience and keeping them engaged
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Sep 25, 2023 • 55min

EP 416: Teaching AEs how to grow your existing client base with Mark Riggs

With new client acquisition at an all-time low, it's more important than ever to focus on growing your existing client base. In fact, 60 to 70 percent of your net new revenue should now come from existing clients to continue being profitable. This means it's time to teach your AE's how crucial it is to know how to navigate agency math, foster agency growth, and sell new, innovative ideas to your existing clients. Many AEs don't realize it's their job to do these tasks, which means there's room for improvement from agency owners to teach them these skills so your agency can continue to grow in a difficult economic time. In this episode, we'll cover topics like the roles AEs play in agency growth and growing existing clients, how to adjust your work scope over time to remain profitable, the importance of bringing innovative ideas to your clients, and many more actionable items for your team to learn and grow from. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: How to get 60 to 70 percent of your net new revenue to come from existing clients The cost of acquiring new clients over growing existing ones How to adjust a growing work scope with a client over time The importance of teaching AEs agency math and how we make money Where AEs need to step up to help grow the existing client base Allowing clients to talk about the problems they need to be solved How we frustrate our clients by being too timid Being a catalyst for bringing experts together to solve your client's problems
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Sep 18, 2023 • 1h 13min

EP 415: Getting the most out of an M&A as a buyer or seller with Drew and Danyel McLellan

There's more M&A activity amongst agencies than ever before. As agency owners get older and running the business becomes more stressful, many owners are running out of gas and looking for a reset. This means there has never been a more perfect time if you're looking to buy an agency. And if you're looking to sell, it might go faster than you anticipate. We know that M&As are stressful on both sides of the deal, no matter how much you plan ahead. So this week, we're taking a deep dive into the whole process — how far in advance to plan your sale, valuation, succession planning, dealing with the emotions behind it, and much more. Even if you're not planning to sell your agency right now, eventually, this will become a reality, and it's always better to be ahead of the curve. So don't miss this longer episode packed with tips for passing the torch and preparing for the future of your agency. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: Why M&A activity is so high right now The strongest factors that will determine agency valuation How to assess your agency valuation Preparing 3-5 years in advance for an M&A Passing the torch to a new owner and being the buyer's cheerleader Giving your employees the opportunity to be an internal buyer Preparing for an M&A for both a buyer and a seller Expenses to expect when preparing for a sale on both sides
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Sep 11, 2023 • 51min

EP 414: 9 traits that will make your agency known for its best-of-class service with Susan Quinn

Marketing research specialist Susan Quinn discusses the 9 traits agencies need for best-in-class service. It's not about price, but about core values, innovation, and quality. She shares insights on how to improve the client experience, niche down, and build long-term relationships. Continuous learning and improvement are key, and White Label IQ is the presenting sponsor.
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Sep 4, 2023 • 54min

EP 413: The "why" mindset strategy for better agency communication with Linda Perry

Linda Perry, expert in agency communication and connectivity, discusses the 'why' mindset strategy for better agency communication. Topics include understanding motivation, addressing limiting beliefs, implementing the 'why, how, what' framework, enhancing agency communication for stronger relationships, and tools for building better teams.
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7 snips
Aug 28, 2023 • 54min

EP 412: Speed is the fast pass to client happiness with Jay Baer

Marketing expert Jay Baer discusses the importance of speed in client interactions and how it equates to client happiness. He shares insights on generational differences in patience levels and advises agencies to prioritize speed in order to attract customers. The chapter also highlights the need to find the right balance between being too fast and building trust, and the significance of prompt response times in client communication.
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Aug 21, 2023 • 50min

EP 411: Knowing when it's time to bring a COO onto the leadership team with Carolyn Lodge

As your agency grows, your leadership team must grow alongside it. You'll notice as your team gets bigger, the day-to-day operations become more complicated, and you might want to start taking a step back from certain tasks altogether. That's where a COO comes in to save the day. A successful, growing agency must have someone to handle day-to-day operations and implement systems and processes properly. And if you have the right person to take some tasks off your plate, that opens you up to focus on the parts of the business you're most passionate about, like being a visionary. This week, I'm talking with Carolyn Lodge about the signs and symptoms of when it's time to grow your leadership team and hire a COO. We discuss how to identify the right person for the job, their roles and expectations, how to integrate them with the rest of your team to build trust, and what traits are most commonly needed in the COO position. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. What You Will Learn in This Episode: The clues that show it might be time to hire a COO What size agency is too small to have a COO role The skills and traits of a good COO Implementing the founder's or owner's vision Building trust within your leadership team as you bring on new team members Ensuring your COO is a good culture fit for the job How a COO changes the day-to-day of a CEO Go-to questions to vet a potential COO
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Aug 14, 2023 • 47min

EP 409: The how-to guide for getting started in thought leadership and public speaking with Katy Boos

Katy Boos, an expert in thought leadership and public speaking, shares practical tools for agency owners and leaders to establish themselves as thought leaders. Topics include the benefits of speaking at events, choosing the right audience, narrowing down topics, the impact of COVID on live events, pitching yourself for podcasts, and delivering value as a conference speaker.
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Aug 7, 2023 • 33min

EP 410: Tracking metrics to boost biz dev and client satisfaction with Drew McLellan

Lately, agency owners and leaders have been hitting their heads against a biz dev brick wall. With increased sales cycles, difficulty getting clients to start projects, tightened budgets, and more, it seems like we're in a cycle of never-ending struggle. Even if the future looks bleak, there are always more things that can be done and new strategies to try to help push through a difficult time. That's why now more than ever, it's critical for agency owners and leaders to track certain metrics to ensure you'll end 2023 in the black, even as everyone is seemingly tightening their belts. This week, I'm sharing five metrics you should be tracking with your teams to ensure you're making the right strategic decisions during heightened hardship. From taking a closer look at your numbers to ensuring client satisfaction, we have the tools to help you end the year in the black against all odds. For 30+ years, Drew McLellan has been in the advertising industry. He started his career at Y&R, worked in boutique-sized agencies, and then started his own (which he still owns and runs) agency in 1995. Additionally, Drew owns and leads the Agency Management Institute, which advises hundreds of small to mid-sized agencies on how to grow their agency and its profitability through agency owner peer groups, consulting, coaching, workshops and more. A big thank you to our podcast's presenting sponsor, White Label IQ. They're an amazing resource for agencies who want to outsource their design, dev, or PPC work at wholesale prices. Check out their special offer (10 free hours!) for podcast listeners here. In This Episode: Tracking your 55-25-20 AGI metrics more closely Deciding where to move money around to keep good employees Doubling down on biz dev efforts Getting your existing clients to spend more money on you Why AEs should be helping to grow the existing client base Why client satisfaction scores are more critical than ever Good employee retention sends a positive message to customers

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