When you started your agency, you probably had some end goals in mind.
A lot of people dream about selling their agency, but the reality is that it's very difficult to sell a service-based business (and make a decent amount of money). So perhaps a better option is to focus on building an agency that is less dependent on you. i.e. a Self-Running Agency.
Now, you know I'm a big fan of this approach since I have my book called The Self Running Agency, and I also have my membership group (The Self-Running Agency Implementation Group) and this is a strategy I help my clients deliver.
So in today’s podcast, I am delighted to be joined by someone who is doing just this, Simon Isaac, MD and Owner of Capsule Marketing.
[01:33] Introduction to Simon Isaac and Capsule Marketing and why he wants to build a Self-Running Agency
[02:22] Simon’s journey to starting and growing a marketing agency
[03:53] What were your hopes and plans in the first couple of years of running your agency
[05:16] Who were your first hires when you started hiring staff?
[07:06] Why did you decide you wanted to start removing yourself from the day-to-day running of Capsule?
[08:43] Simon’s passions and interests outside of Capsule (and why he wanted more time to pursue these)
[10:15] The typical entrepreneur: an ideas person but not a completer/finisher
[10:40] Simon outlines the key steps taken so far to start building a Self-Running Agency and not work 5-days a week in the agency. The importance of hiring a great number 2 and an empowered team
[13:10] “It’s lonely at the top” - The importance of having external advisers (that you listen to!) who can act as our board and provide expert objective advice
[15:17] How and why did you put together a Senior Leadership Team
[16:00] Creating opportunities for growth for all the team
[17:22] Simon’s experience of moving from a corporate world to a creative world - and the many lessons to take from his past corporate life.
[18:20] Creativity is not stifled by implementing systems
[18:40] Simon’s future plans and how he is ensuring they are delivered
[20:30] The importance of letting go and trusting others
[20:57] What advice do you have for other agency owners who are still completely entrenched in delivering client work?
[22:10] What if you did delegate and it all went wrong?
[24:30] Don’t recruit ‘in your like’ but rather hire people who are better than you
[25:30] If you could go back in time and give your younger self one piece of advice, what would it be?
“It’s so important to regularly stop working in your business, take a breath, get a high-level view to know what your need to focus on before you take the pause button off” - Rob Da Costa
“Trust your people, invest in them and have high expectations of them” - Simon Isaac
“Surround yourself with people who are better than you and don’t feel threatened by them” - Simon Isaac
Rate, Review, & Subscribe on Apple Podcasts
“I enjoy listening to The Agency Accelerator Podcast. I always learn something from every episode.” If that sounds like you, please consider rating and reviewing my show! This helps me support more people — just like you — move towards a Self-Running Agency.
Scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!
Also, if you haven’t done so already, subscribe to the podcast. I’m adding a bunch of bonus episodes to the feed and, if you’re not subscribed, there’s a good chance you’ll miss out. Subscribe now!
Useful links mentioned in this episode:
- Find out more about Simon: Simonisaac.co.uk
- Capsule Marketing Website
- The Self-Running Agency Book
- The Self-Running Agency Implementation Group