TMBA 639: Agency Break

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On today’s show, GrowthHit’s Jim Huffman talks to Dan about the pros and cons of running a successful agency, and how he’s recently been encouraging and enabling his team to create new products via an internal ‘startup studio incubator’. Interestingly, he’s done this, in part, to incentivise people, and offer a creative and rewarding work environment in this increasing competitive job market:

“It’s potentially a path to allow really good team players and employees to make their own decisions and part carve their own path within a company, maybe without taking on some of that initial risk .. how can you create this hybrid that meets those people where they’re like, ‘Hey, I want to work remote, I want to like do my own thing, but I’m down to have this structure’. It’s like, ‘Ok, we need the agency work to get done. But we have a budget to allocate if you have a good idea and if that becomes something, then you have a significant stake in it.”

See the full transcript below

Listen to this week’s show and learn:

  • Why it’s sometimes harder to attract applications for agency work 14’23”
  • The pros of ‘Intrapreneurship’ 17’54”
  • How Jim’s ‘startup studio incubator’ works 20’23”
  • What advice would Jim give himself ‘If I Was Starting Today’ 36’37”

Mentioned in the episode:

Before the Exit – Our New Book
Partner With Us
The Dynamite Circle
Dynamite Jobs
Post a Remote Job
Dynamite Deals
Tropical MBA on YouTube
Dynamite Jobs – Remote Recruiting Sales Page
Jim Huffman
GrowthHit
The Stair Step Approach to Bootstrapping
Nathan Barry
If I Was Starting Today

Enjoyed this podcast? Check out these:

TMBA557: Ascending the Staircase
TMBA620: The Upside of Running an Agency
TMBA627: Building an Agency You Can Exit From

This week’s sponsor:

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian


 

Full Transcript


(Transcript Forthcoming)

(Transcript Forthcoming)