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8 Things I Learned from 7 Figure Agency Owners
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If you wanna scale, you NEED to listen to people who've already done it. I know not everyone has access to big business owners, so I curated all of their knowledge into a single video, enjoy.
If you're a beginner and want to build an online biz go here: https://InternetMoneyGroup.com
Doc from this video: https://gamma.app/public/8-Things-I-Learned-from-7-Figure-Agency-Owners-p9oat1sm0a16x15
How to Make $10,000 - $50,000/mo with Your Marketing Agency/SMMA/B2B Business (3 Steps): https://www.youtube.com/watch?v=UShKMQPVN-8&t=120s
Timestamps:
00:00 Intro
00:30 Timeline
01:09 What they sell
02:51 Their average client makes 1M/Yr+
04:07 The importance of case studies
05:38 Offer evolution
08:07 Outbound
09:41 They never turn off marketing
11:54 Long sales cycles
In this video, "8 Things I Learned from 7-Figure Agency Owners," we dive into the key principles, strategies, and mindsets that set seven-figure agency owners apart. I've had the privilege of engaging with a bunch of successful agency owners and I've curated their wisdom into eight crucial takeaways that you can apply to accelerate your own business. From building robust systems and nurturing client relationships to optimizing revenue streams and cultivating a growth-oriented mindset, these insights could be your stepping stone to the seven-figure mark.
Incorporating conversations with the experts themselves, real-life anecdotes, and actionable steps, this video is more than just an informative piece; it's a treasure trove of practical advice that could radically transform the way you approach your agency. Whether you're a new entrepreneur or an established business owner looking to scale, you'll find value in this distillation of years of hard-won knowledge. So, buckle up and get ready to learn the secrets behind the success of seven-figure agency owners. Remember to comment with your thoughts, share with your network, and subscribe for more content.
If you own a marketing agency, digital marketing business, smma, or b2b business, this video will show you how 7 figure agency / business owners are generating leads and getting clients (mostly through cold email & cold dm's), how they're keeping their clients, how much money they're charging their clients, how they're marketing to get new clients, and how long it took them to get there.
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On average, it took these agency owners 1.5 years in their offer to get to the 7 figure mark in their business. This is time running that EXACT business. On average, they were in business and running different business for a total of 3 years before they hit 7 figures.
Next, they are all selling revenue generating activities. In other words, they are directly or indirectly making more money for their clients. This involves doing lead generation through cold email, or lead generation through ads, or even video editing, but still positioning their offer to relay to potential prospects on sales calls that what they are selling has mostly to do with making them more money.
Next, their average client is making about $1m/yr. They are working with successful business owners. It is extremely difficult to get somebody with a small (bad) business and get them results as an agency owner or service provider.
They All Have 10+ Case Studies
If you've watched some of my videos before, you will have heard me say this time and time again…
Your business grows in direct proportion to how much social proof you have
Every person reports the same exact thing:
"Nothing happens for so long, and then you win all at once"
The speed by which your business grows will increase for every piece of social proof that reveals your competence & ability to drive tangible revenue driving activities for other people.
Every human on the planet wants to put $1 in and get $2 out - and if you can't get clients, it's because the prospect doesn't believe you are capable of doing that.
They are deeming you risky to work with.
The more social proof you have, the more certainty you invoke upon everybody you speak to.
Their Offer Evolved 5-10 Times
This does not mean that they started a completely new business, it just means the core value proposition & angle of their offer & pricing changed.
In the Beginning, 90% of Clients Came from Outbound Marketing (Cold Email). The reason for this is because cold outreach is extremely cheap.
They never turn off marketing. These 7 figure agency owners understand that if you want to keep the business large, you have to continuously be feeding the beast.
They follow up. They understand sales cycles & conversion windows. Meaning: most of the clients that end up working with them come after a long time in the funnel.
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