Posts Tagged ‘Digital Agency Business Development’

Fear – fear can be crippling, can’t it?

Written by ChuckMeyst2015 on . Posted in Blog Posts, Business Development

I’m a “leap and while in mid-air” look to see if there’s water in the pool sort of guy, but I will admit that fear has shut me down more than once. But when I look back on my life, it was the moments that I stood at the end of the cliff, scared to death, but took the leap anyway that have provided me with some of my most satisfying moments.

Pushing past fear into big, life-changing adventures (becoming a dad, buying the precursor to AMI and creating what AMI is today, etc.) are some of my most pivotal moments. But there were plenty of smaller moments too.

I’ve always liked how tattoos looked on other people but the fear of the needle/pain combined with not having clarity about what would be meaningful enough to have permanently put on my body kept me from pursuing it. When I’m honest with myself — it was the fear of the needle that kept me from really contemplating the art part.

Last year my daughter asked me to get a tattoo with her. The significance of that request and her idea for our shared tattoo was motivation enough to actually consider enduring the pain. When I actually got the tattoo — I discovered that the pain was far less than I imagined and the satisfaction of doing it was far greater.

Why had I allowed fear to deprive me of that for so long?

What is fear depriving you and your agency from experiencing?

For much of 2023, agency owners have behaved out of fear. There are many sources of that state of fear — the economy, the challenges of hiring, the frustrations of a hybrid or fully remote work force, the elongation of the sales cycle. You can probably add a couple more reasons to that list. But for many of you — a combination of those factors has kept you paralyzed in place.

Should you make a big hire? Do you niche down? Do you tell your employees you want them back in the office at a different cadence? Do you fire the abusive or profitless but good for cash flow client? Do you fire the toxic or underperforming employee even though it will have impact on your culture?

It’s time we stand up to our fears and take some leaps. Our business is not really a “wait and see” kind of industry. It’s all about having the edge. The better culture. The right tax advisor. An easier path to new business. A stable bottom line. None of those come without risk. But you can’t be successful long-term without all of them.

I’m not suggesting you be reckless. But I am suggesting that you might be allowing fear to keep you from taking the right leap at the right time. I’d like to suggest that the back half of 2023 be about being bold. About taking some calculated risks. About not just hunkering down and waiting for things to happen to your business.

A leader makes things happen. A leader drives change. A leader steps out and carves a new path where it makes sense to do so. Even if it’s in uncharted waters. Even when it’s scary.

It’s time we start leading again as opposed to letting our fears hold us in place while our competitors move past us.

I think we need three things to move past our fear.

1) Clarity: We need to know what we should do and the why behind it. Why does it matter? What’s the gain? How will this decision change our trajectory?

2) Accountability: For many of us, we need someone else to help hold us accountable. It might be a business coach or another agency owner or your leadership team. Making a commitment to action with someone else is a strong motivator for us to actually take action.

3) Data: I’m not calling for us to be stupid. Let’s gather some facts. Let’s talk to some others who have gone before us. Let’s pilot the decision if it is that risky or big.

Odds are you created your agency in a huge leap of faith. And look where it’s taken you. Why wouldn’t you have that same level of confidence now?

Let’s push past the fear and make some of the investments, changes, and pivots that will set us up for success in 2024.

A welcome contribution by our friend Drew McLellan, CEO and Founder of AMI, Agency Management Institute

Flash Report @ AgencyFinder V26.2 – February 28, 2021

Written by ChuckMeyst2015 on . Posted in Flash Reports

Time-sensitive practical powerful agency new business development content for marketing firms everywhere.

CONTENTS – New Business Tools & Tips for Going Mainstream Again 

  1. We’ve Weathered the Storm; Hope The Same is True for You!
  2. Prospecting in Your Junk Folder
  3. Agency New Business is an Investment – We Offer Free and Paid Options
  4. The Elephant isn’t Always in the Room
  5. Checkout Our PitchCast Activities

WE’VE WEATHERED THE STORM; HOPE THE SAME IS TRUE FOR YOU!

It’s not been fun; this off again, on again marketplace, the various versions of “support”, the uncertainties of so many variables – it’s a test of ones sanity. Client search traffic dopped off understandably but agencies continue to enroll (understandable as well). We haven’t had to make many adjustments to what we do and how we do things; the only exception if the use of ZOOM or an equivalent in lieu of the client visit to candidate agencies. I’m hoping we can return to actual sit visits and tours. If you’ve run across anything in particular that you think we might like to hear about, send it here.

PROSPECTING IN YOUR JUNK FOLDER

I don’t know about your agency, but here at AgencyFinder we want to see each and every new business inquiry that comes our way. We’re on the lookout for prospective client (advertiser) registrations and inquiries (the pre-cursor of an agency search) and the registration of each and every agency looking for new clients. For that reason, we keep a sharp lookout for scams and viruses – exposure is the price we pay to be certain we miss nothing!

AGENCY NEW BUSINESS IS AN INVESTMENT – WE OFFER FREE AND PAID OPTIONS 

Between Google and many of the so-called “directories”, they’ve been sucking out all the oxygen but failing in the delivery. Our job has always been to introduce your agency to clients looking to hire an agency. We don’t do leads (another word for a mailing list); we deliver introductions via invitations. Iridium is our free option, but If you want to actively participate in any of our agency searches by conducting your due-diligence interview, our annual Manager Plan puts you in that loop. Renew or Register now before March 31, 2021 and receive the following:

  1. 12-month active candidacy in any and all client searches
  2. 12-month active paid participation in any and all due-diligence client interviews
  3. Individual agency profile audit, analysis & assessment
  4. One-on-one profile counsel for magnetism and appeal

One low price – Pay or Renew Here

THE ELEPHANT ISN’T ALWAYS IN THE ROOM

Having played a pivotal role in hundreds of ad agency searches over our 20-years, we’ve witnessed surprise and disappointment. And the elephant isn’t always in the room. Whether you’re an agency or a client planning to search for an agency, it’s important to stress that there are no hard and fast rules for running an agency search, nor are there any laws on the books that dictate the “process” or penalties for non-compliance. It’s not unusual for a non C-Suite individual to take the helm, to engage a consultant or search service, or to begin a Google search to do-it-themselves. In all cases they represent to the invited agencies, and truly believe themselves that they are “authorized” to be running the review. Agencies-in-the-know have learned to ask questions; many questions. Like (continued)

CHECK OUT OUR PITCHCAST ACTIVITY

PitchCast is a short synopsis of select and recent new business registrations with AgencyFinder in North America and the UK. Read the description, then if you see an opportunity you think looks right for your agency, make sure your profile is up- to-date and accurate. If your firm is particularly qualified, you might also drop us an e-mail to explain. Check it out here: https://www.agencyfinder.com/category/pitchcast/

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Thanks for taking time to look this over; as we have since 1997, we look forward to getting you face- to-face (or Zoom) with great prospects.

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