STANDOUT agencies are bought for their RECURRING REVENUE
What would you want to see if you were buying your agency?
No.7 – You’d want to see RECURRING REVENUE
#StandoutOrDie
20/07/2023
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What would you want to see if you were buying your agency?
No.7 – You’d want to see RECURRING REVENUE
#StandoutOrDie
What would you want to see if you were buying your agency?
No.5 – You’d want to see a strong MANAGEMENT TEAM
#StandoutOrDie
What would you want to see if you were buying your agency?
No.4 – You’d want to see CLIENTS
#StandoutOrDie
What would you want to see if you were buying your agency?
No.3 – You’d want to see SCALE
#StandoutOrDie
What would you want to see if you were buying your agency?
No.2 – You’d want to see GROWTH
#StandoutOrDie
What would you want to see if you were buying your agency?
No.1 – You’d want to see a healthy PROFIT
#StandoutOrDie
Don’t set your expectations too high.
If they hire a New Business lead, STANDOUT agency owners expect them to achieve somewhere between 1 and 3 times their employment costs in their first year.
#StandoutOrDie
I’m often asked how much financial information you should share with your team.
My answer…
STANDSTILL agencies share information.
STANDOUT agencies share knowledge.
#StandoutOrDie
If you own an agency and want to scale it there is one thing you absolutely must embrace with….
STANDSTILL agency owners do.
STANDOUT agency owners delegate.
#StandoutOrDie