Do you own, run, or work in a marketing agency of any kind? Find honest answers to the questions you’ve been afraid to ask. In the marketing and advertising world, agencies consistently proclaim that they are perfect experts at what they do. Spoiler alert: This image is just as curated as their #r…
Bob Hutchins, Brad Ayres & Ken Ott
success, business, guys, experience, looking forward, helpful, inspiring, thanks, great, like, love, beyond agency, net promoter score.
Listeners of Agency Exposed Podcast that love the show mention: ken, question,Navigating the promises and pitfalls of the agency-client relationship. Discover strategies for aligning expectations, establishing boundaries, and crafting clarity around goals, metrics, and shared vision. The key to success? Honest communication, mutual understanding, and a relationship built on trust and partnership. Summary: In this week's episode, the guys delve into the nuances of managing client expectations and optimizing the agency-client relationship. Bob kicks things off by highlighting the disconnect that can occur when clients request general awareness and agencies deliver specific metrics. Ken emphasizes that agencies can only control their expertise, not guaranteed outcomes, since external factors also influence results. Brad shares an example where a client disregarded research recommendations, then blamed the agency when their gut instinct didn't pan out. Bob advocates for an immersion day to align on goals and strategy before engagement. Ken argues that clients should view agencies more like employees, carefully vetting values and vision. He notes that in successful past relationships, mutual philosophy and respect were key. Brad stresses empathy for clients' high-stakes position while hiring agencies. Bob recommends using tools like HumanIK to analyze clients' psychological profiles and craft tailored communication. In closing, the guys encourage honest, ongoing dialogue to establish shared expectations and boundaries. Keeping clients' ultimate aims top of mind, whether fame or fortune, can help agencies LEAD expectations by forging trust, partnership and clarity. Top 3 Curtain Pulls in this episode: Agencies: Guide, Don't Guarantee. Agencies should view themselves as experts and guides, not miracle workers promising guaranteed outcomes. While skilled advisors can absolutely influence results, many external factors also contribute to an agency's impact. Establish reasonable expectations by being upfront about what your expertise can and cannot control. Guide clients to success without overpromising uncontrollable results. Clients: Seek Shared Values, Not Just Skills. When hiring an agency, look beyond just skills to carefully assess if their values, vision and problem-solving philosophy align with yours, as you would with a new employee. Shared principles and mutual respect create the foundation for successful relationships, not just temporary wins. Avoid viewing agencies as interchangeable vendors to be swapped out. Seek out an agency that is a true fit. Both: Define Success in Their Language. Switchtracking wastes time and fractures trust. Make sure you're speaking the same language when defining goals and metrics for success. Agencies: Interpret marketing-speak into practical business aims clients care about. Clients: Articulate your ultimate definitions of victory. Laser focus on shared communication pays dividends. For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn Bob on Twitter Bob on Instagram Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic Brad on Twitter Brad on Instagram Brad on Facebook Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV Ken on Twitter Ken on Instagram Ken on Facebook Show Highlights: [1:42] Brad introduces the topic of managing client expectations around results when working with agencies. [3:18] Ken discusses how agencies can only control their expertise, not guarantee outcomes. [5:39] Brad shares an example where a client disregarded research recommendations, then blamed the agency when it didn't work. [8:20] Ken argues clients should view agencies like employees, carefully vetting values and vision. [11:37] Brad stresses empathy for clients' high-stakes position while hiring agencies. [17:47] Brad highlights the difference between what clients say and what they actually want. [22:11] Ken emphasizes the importance of mutual philosophy and respect in successful agency-client relationships. [28:55] Bob advocates for defining perfect customer criteria to evaluate fit. [32:13] Brad discusses the high-risk stakes for clients hiring agencies. [33:40] Ken compares hiring an agency to hiring an employee. [38:38] Bob recommends using HumanIK to analyze clients' communication styles. [41:16] Brad suggests identifying red flags early to navigate new client relationships. [42:36] Bob reminds listeners to like, subscribe and check out the new 3-camera format on YouTube.
Learn how to get the highest returns on your time and money investments. The guys provide actionable tips on becoming a "time multiplier," maximizing conference experiences, starting a podcast, and aligning your efforts with principles that create exponential growth. Discover how to build assets that compound over time. Summary: In this episode, the guys discuss strategies for investing time and money wisely to achieve optimal returns. They talk about the concept of becoming a "time multiplier" by investing time upfront into tasks that eliminate repetitive work and create compounding returns. For example, spending time to automate processes saves ongoing effort in the future. They emphasize the importance of focusing on high-impact activities versus low-value repetitive tasks. Regarding conferences, the guys debate their value, with mixed opinions. Conferences can offer opportunities to connect and gain insights, but often lack real ROI. More curated events like TED provide better educational experiences. Interactive workshops and pre-recorded talks can also enhance conferences. Ultimately, investing in a mastermind group or coach provides higher returns than conferences for many. Starting a podcast is highlighted as a worthwhile investment; it enables access to high-profile individuals and provides a platform to share valuable insights. The guys stress the power of aligning efforts with universal success principles that compound over time, whether in business or personal contexts. Rather than scarcity, adopting an abundance mindset is key. Overall, the episode provides pragmatic tips for becoming a wise steward of time and money, creating assets that continue to pay dividends into the future. Top 3 Curtain Pulls from this episode: Become a time multiplier. Dramatically increase your productivity by identifying tasks that eliminate repetitive work. Invest time upfront into efforts that create exponential returns in the future. Automating processes is a simple example that saves huge amounts of time long-term. Become a wise steward of your most precious asset. Conferences have mixed value. Conferences offer networking but often lack real ROI compared to other investments like masterminds or coaches. Look for events with genuine educational experiences like TED. Interactive workshops and pre-recorded talks can also enhance conferences. Adopt abundance and success principles. Shift to an abundance mindset regarding time and money. Align efforts with universal success principles that compound over time. Start a podcast to share your own insights. Keep learning and growing through the ups and downs. About The Guys: Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: LinkedIn - https://www.linkedin.com/in/kennethott/ Metacake - An Ecommerce Growth Team - https://metacake.com/ Growth Rebel TV - https://mtck.co/YouTube-2Y5GUQ9 Twitter - https://twitter.com/iamkenott?lang=en Instagram - https://www.instagram.com/iamkenott/ Facebook - https://www.facebook.com/iamKenOtt/ Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000 -2017. He is also the author of 3 books. More on Bob: LinkedIn - https://www.linkedin.com/in/bobhutchins-cmo-chief-marketing-officer-growth-hacker-digital-marketing-executive/ Twitter - https://twitter.com/bobhutchins?lang=en Instagram - https://www.instagram.com/bwhutchins/?hl=en Facebook - https://www.facebook.com/profile.php?id=100039351973426 Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Linked In - https://www.linkedin.com/in/bradayres/ Anthem Republic - https://www.anthemrepublic.com/ Twitter - https://twitter.com/bradayres?lang=en Instagram - https://www.instagram.com/therealbradayres/?hl=en Facebook - https://www.facebook.com/Bradayres Show Highlights: [5:08] Ken talks about the importance of good times and bad times in life and business for growth. [7:09] Bob asks the guys about their thoughts and predictions for 2023 and changes they'll make in their businesses. [7:34] Brad discusses focusing on new business development, evaluating their services, and figuring out how to better serve current clients in the new year. [11:52] Ken emphasizes the importance of profit and the misconception that high profit is greedy or selfish. [18:27] Bob discusses changing mindsets and beliefs around profit. [20:30] Brad applies the adage "shoot for the stars, land on the moon" to goal setting. [22:22] Ken suggests questions agencies should ask themselves to prompt mindset shifts. [25:54] Bob talks about becoming a "time multiplier" and investing time to get exponential returns. [28:50] Brad compares the concept of a time multiplier to compound interest. [31:13] Brad emphasizes the importance of setting measurable goals and targets. [33:23] Ken introduces his new show "Growth Time" and the topics and episodes he's covered. [38:59] Brad asks about the frequency of Ken's podcast and how often guests appear. [40:49] Ken commits to releasing a book by the end of 2023 based on his podcast.
Subtitle: Dive into a world where business insights blend with the rhythm of excellence, as we unpack the essence of the "Messi Effect." Just as a catchy jingle sticks in your mind, on today's episode, we explore how aligning strengths and impeccable timing can revolutionize success. Join the guys as they discuss how to simplify the complex, fine-tune your abilities, and conduct your own symphony of achievement. Summary: In this week's episode, the guys talk about their summer experiences, rest, value, profit, simplicity, and more. Ken shares his family's annual trip to upstate New York, emphasizing the significance of establishing deep familial connections in the Adirondacks. Brad delves into his newfound intentional rhythm for managing tasks and avoiding feeling overwhelmed. Bob describes his Florida vacation and the highlight of his summer – witnessing Lionel Messi's debut in MLS. He extrapolates important life and business lessons from Messi's approach, highlighting the value of understanding one's strengths, staying focused, and delivering when the time is right. The discussion shifts to business matters. Ken outlines positive changes his business has made, underlining the importance of proper pricing and recommending reframing the term "agency" to bring about transformative shifts. Ken introduces a tool called Harpa for analyzing longer texts and segues into the "Messi Effect," advising businesses to focus on their core strengths and remain within their expertise. The conversation touches on the tendency to overlook simple solutions and the value of practicing intentional simplicity. Brad observes that relentless busyness doesn't necessarily drive business growth, while Bob introduces the effort justification bias as it relates to focusing on strengths. Brad advocates for setting aside personal time to enhance creative flow and cognitive capabilities. Bob concludes the episode by stressing the need to balance and nurture both sides of the brain, preventing burnout and cognitive overload by renewing, resting, and reviving mental capacities. Top 3 Curtain Pulls in this episode: Maximize the Messi Effect. By concentrating on unique strengths, mastering expertise, and delivering value strategically, you can achieve remarkable results. This approach prioritizes focus over dispersion, encouraging alignment with core competencies and seizing timely opportunities for impactful outcomes. “He knows his lane. He knows what he's good at. And he doesn't try to be anything. But when it's time for him to stand up, he delivers. He doesn't try to be all things and doesn't try to defend. His timing is impeccable. He's always passing, he's unselfish.” Seek out the simple. In the realm of business, valuing simplicity is a potent yet often overlooked strategy. Embracing simplicity cuts through the noise, unveiling efficient solutions. “It took me a long time to realize that we as humans are conditioned to think that the simple solution is not the right solution…The thing that you are really good at, just do a lot of that thing. So don't jump to the other side.” Create a rhythm to optimize your abilities. Establishing a consistent routine enhances efficiency and minimizes overwhelm. By aligning actions with energy levels, you unlock cognitive and creative potential. This rhythm becomes a reliable guide, smoothing the path to your goals. Take time to rest, enjoy nature, and use the other half of your brain. “In the creative space, the flow is what gets your juices going, but you have to shut everything out. Allow your brain to maximize its capability. It's soothing and healing.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:35] Brad opens this week's episode with the idea that the guys should have a jingle for Agency Exposed. [1:30] Bob asks the guys what they did this summer. [2:00] Ken talks about his family's trip to upstate New York to the Adirondacks and the value of putting down deep familial roots. “I've gone every year for my entire life. It's just a special place for us.” [7:55] Brad tells the guys about his new 1980 Porsche and his trips up to Michigan. [12:15] Brad also breaks down his new intentional rhythm he's been creating over the summer. “I feel like this summer I have been able to kind of just create more of a rhythm and it's been really helpful…there's a point where you start feeling overwhelmed, and you really don't know why. You have to stop and take a look at your day and try to figure out how do I do what I need to do, but not feel overwhelmed when I'm doing it?” [14:07] Bob talks about his vacations to Florida and his highlight of the summer, seeing Lionel Messi play his first MLS game. “There's just something amazing about watching people that are like the highest elite level of their game.” [18:05] Bob breaks down some important life and business lessons he's learned from Messi. “He knows his lane. He knows what He's good at. And he doesn't try to be anything. But when it's time for him to stand up, he delivers. He doesn't try to be all things and doesn't try to defend. His timing is impeccable. He's always passing, he's unselfish.” [19:44] Bob segues into a new topic by asking the guys about their businesses. [19:57] Ken mentions some of the positive changes his business has made, the importance of pricing, and why you shouldn't call yourself an agency. “Change the name to change the game.” [23:35] Brad talks about AI, its explosive growth, and the potential for all businesses. [24:11] Bob adds that it's important to, “stop yourself and go, what can I automate, and what can I make more efficient with this tool?” [27:18] Ken tells the guys about Harpa, a tool he uses to analyze and understand longer or larger texts. [29:50] Ken talks about “The Messi Effect”, and how to apply it to your business. “I think it comes down to like doing what you're really, really good at, and just staying in that lane.” [33:51] Ken discusses the tendency to overlook the simple answer, and the importance of intentionally practicing simplicity. “It took me a long time to realize that we as humans are conditioned to think that the simple solution is not the right solution…The thing that you are really good at, just do a lot of that thing. So don't jump to the other side.” [37:19] Brad adds on saying, “I've noticed that,I felt like in business that if I wasn't running hard, that wasn't moving the needle in my business. That never gets you anywhere.” [39:36] Bob mentions an important psychological principle, effort justification bias, and relates it to pursuing the simple; focusing on your strengths and assets. [41:11] Ken talks about the importance of your time because it's, “the most valuable thing in your life. And it's the only thing that you have to really leverage into doing something of worth or good.” [46:51] Brad discusses the value in setting time aside for yourself to prepare and reset in order to maximize your brain's capabilities. “In the creative space, the flow is what gets your juices going, but you have to shut everything out. Allow your brain to maximize its capability. It's soothing and healing.” [47:57] Bob closes this week's episode by talking about the importance of accessing both parts of the brain to prevent burnout or cognitive overload. “You have to renew it, and you have to rest it, and you have to revive it.”
Subtitle: Though the title may sound suspiciously too good to be true, trust us, it's easier than you think to become the best in the world. Today, the guys dive into topics surrounding the challenges of agencies recently as well as commodity agencies, superpowers, being the best, cheapest, or only, profit, mindset, creativity, and more. Summary: In this week's episode the guys have a conversation about the challenges faced by agencies in the current business landscape. Bob highlights the conflicting reports he has heard recently: some agencies claim to be thriving, while others are struggling to retain talent. This sets the stage for a discussion on how agencies can create value and improve their offerings. Brad emphasizes the concept of finding a "pure play," a specific area of expertise that distinguishes an agency from being perceived as a generic service provider. He also mentions the business strategy principle of being the only, the best, or the cheapest to succeed. He points out the unique challenges faced by agencies that fall between being the best and the cheapest, often resulting in mediocrity. Switching gears, Bob asks the participants to discuss what agencies can do to prepare for the future and make necessary adjustments. Brad shares his goal of diversifying revenue streams by aiming for 20% of their income to come from their own products in the next five years. He talks about forming alliances with like-minded agencies to create a larger community and broader offerings. Brad expands on his goals, expressing his desire to utilize their products to assist other businesses, engage in acquisitions, and serve clients while also being a significant customer themselves. Ken emphasizes the benefits of launching one's own products, highlighting the opportunities for innovation, balance, and freedom it provides. He stresses the importance of achieving profitability to invest in research and development and to continually showcase innovation. He adds that discovering and leveraging one's superpower, accurately pricing the value offered, and maximizing profit are crucial for building a successful business. delves into the critical factor for project success, attributing it to the mindset of agency leaders and teams, who must commit to achieving success regardless of the obstacles. To wrap up, Bob asks the guys to share the most important focus or action that solopreneurs and agencies of all sizes should undertake for the remainder of the year. Brad emphasizes the need for business owners to take time off and reflect on personal values before returning to run their businesses, as this can provide valuable insights. Ken highlights the significance of making significant investments in one's business, including purchasing items that expand capabilities and raise the bar for service offerings. In closing, Bob encourages agencies to identify their unique strengths, become recognized experts in their respective fields, and dedicate the next six months to honing their expertise in those areas. Top 3 Curtain Pulls in this episode: Superpower all the way. Embracing your superpower empowers you to create a meaningful impact and achieve success in the competitive business world. It represents your unique strengths, sets you apart from competitors, and positions you as an expert. By focusing on your superpower, you attract the right audience, deliver exceptional value, and enhance your reputation. “It's essential to be good at whatever you do.” Profit helps everyone, so make sure you're getting enough. Profit is beneficial to everyone involved in a business. It fuels innovation and growth, enhances employee opportunities, and enables businesses to contribute to the community. Ultimately, a healthy profit ensures long-term sustainability and prosperity, benefiting customers, employees, stakeholders, and the wider community. “Let's say you make a million dollars a year, I believe you should have $300,000 of profit, like 30% or so after you pay yourself. Now you've got $300,000 that you can actually invest in r&d,like starting a product or a service or some area where you become one of your clients. Now you've got number one, an asset, number two, stability, and Number three, something that you can say, hey, I innovate all the time over here.” Don't become a commodity. Avoiding commodity status is crucial for businesses. It preserves uniqueness, prevents price competition, and maintains profitability. By emphasizing distinct value and exceptional experiences, businesses can stand out, attract loyal customers, and achieve long-term success in a crowded marketplace. “People have to think creatively about their sources of income, and not just rely on those commodity services, because those are going to constantly go through these waves of being lowered.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:31] Bob opens this week's episode with his perspective on agencies and their struggles right now. “One thing I have noticed in the last month or two is I'm hearing a duality of things. I'm hearing, “business is booming, and it's great.” Or I'm hearing, “we're really struggling, we can't keep people.”” [4:23] Ken talks about things that he and his business are doing to continue to create value and get better at what they do. [5:23] Brad discusses the idea of finding your pure play, “something specific that you do really well that you're known for” and how that can help you not be a ‘commodity agency'. [7:31] Brad brings up the business strategy principle that in order to succeed, you want your business to be the only, the best, or the cheapest; he discusses the challenges that are unique to the agencies that fall between the best and cheapest. “I think agencies are struggling between being the cheapest, and being the best, and they're actually just mediocre.” [8:10] Ken adds a quote from Dan Kennedy, “there is no strategic advantage to being the second cheapest.” [9:15] Bob begins a discussion about the pros and cons of being the cheapest on the market by talking about convenience versus value when your business chooses the cheapest strategy. “I don't know that the customers see you as valuable. I think they see you as convenient. So that can be a business model, but I don't think if you're trying to look for value you're going to find that and be the cheapest.” [13:12] Brad summarizes the pros and cons of choosing to be the cheapest, and highlights that while this strategy is possible, it is incredibly challenging to achieve in the service industry. [15:38] Bob changes topics, asking the guys to, “talk about what agencies can do as they look down the road into next year, and how do they need to adjust?” [16:15] Brad talks about how he and his business are pursuing a goal to reach 20% of their revenue from their own products in the next five years as well as an agency community. “So right now, we're in talks with a group of agencies that are like minded, who are looking to do a very similar type of roll up and to understand what that might look like. So we would still act as our own agencies and we would be part of a greater community and a greater offering.” [17:56] Brad elaborates on his goals, discussing how he wants to use his products to help other businesses, acquisitions, and clients. “make yourself one of your number one clients.” [25:15] Ken talks about the balance, opportunities, and freedom to innovate that launching your own products can provide. “I think it's essential to be good at whatever you do and to have your own place where you can fail and play with things.” [26:46] Ken discusses the wide reaching benefits of developing your own products as well as the significance of profit. “Let's say you make a million dollars a year, I believe you should have $300,000 of profit, like 30% or so after you pay yourself. Now you've got $300,000 that you can actually invest in r&d,like starting a product or a service or some area where you become one of your clients. Now you've got number one, an asset, number two, stability, and Number three, something that you can say, hey, I innovate all the time over here.” [29:55] Bob talks about the way to avoid lowering prices in commodities. “You guys are talking about the way forward; I think people have to think creatively about their sources of income, and not just rely on those commodity services, because those are going to constantly go through these waves of being lowered.” [32:31] Ken says that being aware of your superpower, leveraging it to you and your client's advantage, and pricing your value accurately to create a maximized profit is the best way to create the best version of your business. “But you have to find the superpower. And then you have to figure out your cost basis. And then you have to add your profit… I talk to a lot of agency owners about this, and a lot of times I come up against a very limiting belief of like, “oh, we cannot do that. No one does that. It's wrong to do that.” All this stuff, right? And they're suffering in this really poor business model.” [36:46] Ken dives deep into a discussion about the determining factor in a project's success, the client's mindset, and relates it to pricing. “It turns out, the determining factor in success is simply the person who's like the leader, or the team, basically saying we will be successful one way or another. That factor is critical. The premium price helps sift out all the people that are not.” [40:14] Bob asks the guys, “What is the one thing that every solopreneur, small agency, and medium and large agency needs to be thinking about and or doing for the rest of this year?” [40:34] Brad says that all business owners need to take time off. “You need to go and take a day and not deal with the business. Go away, take a walk, and think about life and what you're about, personally, and what is meaningful to you personally, and then go back and run your business. It will help, trust me.” [41:13] Ken mentions the importance of making a significant investment in your business. “Buy something expensive that scares you, that is an investment, but also something that expands your level. You can't sell someone something for $100,000 If you don't buy something for $100,000.” [41:46] Bob closes out by saying, “find out what your only is, become the obvious expert, and work on that for the next six months.”
Subtitle: It's a freestyle Friday so you know some secrets to success are about to be dropped. The guys dive deep into the importance of building a business that serves you first, the secret recipe to the foundation of a successful business, insightful books and psychological principles, the idea of practitioners v.s. owners, and more on this exciting episode! Summary: This week's episode is a freestyle Friday! The guys discuss their recent endeavors. Ken shares that he is actively pursuing his vision and leveraging his abilities to align his life and business with what he truly desires. He specifically talks about the challenges of pursuing personal vision in a service-oriented business, where one can often prioritize clients' needs over their own aspirations. Brad contributes to the conversation by highlighting how personal vision and desires change over time. He explains that as individuals age, their businesses may no longer fulfill them, prompting them to question their motivations and purpose. Bob adds to the discussion by emphasizing the roles of self-awareness and crystallized intelligence in shaping one's interests and vision. He suggests that these factors play a significant role in the shift of personal goals and interests. Ken takes the conversation further by discussing the notion of a midlife crisis, suggesting that individuals may feel trapped in what they have built, leading to a sense of confinement and dissatisfaction. He emphasizes the importance of ensuring that one's business serves them first, similar to the concept of putting on your own oxygen mask before assisting others. The idea of having a calling or mission in life is introduced by Ken, who believes that certain talents within him need to be expressed better. He asserts that if his business does not align with this calling, it is not serving him adequately. The guys delve into the foundation and core of a business, debating whether it is based on people, the balance sheet, the idea, or the vision. They explore the distinction between being business practitioners and being business owners who possess a broader understanding of business principles and can apply them across different industries. They also discuss the significance of values, mission, and culture in establishing a strong foundation for a business. Bob argues that lacking this foundation can lead to becoming enslaved by the business rather than serving a greater cause. Ken introduces the book "Who Moved My Cheese," drawing psychological principles from it to emphasize the importance of being intentional about having a business that serves oneself first in order to provide better service to clients. The conversation touches upon the idea that true enjoyment cannot be derived from tasks performed solely for survival or necessity. They discuss the importance of investing in culture and foundational principles for long-term success and fulfillment. Each participant reflects on their personal visions, plans, and goals. Ken acknowledges that he is still in pursuit of his desired reality, emphasizing the need to leverage one's talents in the right ways. Brad shares his recent realization about the importance of contentment and being present in the journey. Bob concludes the conversation by emphasizing that individuals are doing their best with the resources they have and that a shift in internal perspective is necessary to move forward effectively. Top 3 Curtain Pulls in this episode: Don't build a prison; build a business that serves you first. In entrepreneurship, prioritize building a business that serves you first, avoiding the creation of a prison. By aligning your business with your personal aspirations and values, you empower yourself to thrive and achieve both professional success and personal fulfillment. “If my business does not serve me first, how could I possibly be healthy enough to serve you? It's the oxygen mask concept.” Strong culture + strong values + a strategy = the foundation of a healthy and successful business. A healthy and successful business is grounded in practical elements that form its foundation. Well-defined values serve as guiding principles, fostering trust among employees, customers, and partners, creating a strong culture grounded in the business's values. A carefully crafted strategy aligns goals, resources, and actions, providing a roadmap for growth, competitive advantage, and long-term success in the ever-changing business landscape. “If you don't have that strong foundation of this is our vision and this is the mission of why we exist, you're gonna fall into that eventually, and you become a slave to it versus I'm serving a bigger cause bigger than myself.” Measure backwards, be present and content, and do your best. Measuring backwards, being present and content, and doing our best with what we know are key principles for a fulfilling and successful business. These are practical ways to prevent being trapped by your business, make it work for you, and begin on the path to its best version. “We only see the world as we are internally. And until we shift our own internal perspective, however that happens, we're really doing the best we can and we believe that we're doing what is right to get us where we need to go.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:13] Bob suggests that the guys do a freestyle Friday, beginning a conversation about what the guys have been working on recently. [1:36] Ken talks about how he's pursuing his vision of where he needs to be, leveraging his abilities better, and doing what he wants to be doing in life and business. [3:54] Ken continues to talk about how to pursue your vision for yourself in a service business and the accompanying challenges. “Because the nature of a service business is to get clients and build things and serve them and do things for other people. You might end up doing a bunch of things for the people and never doing the things that you wanted to.” [5:35] Brad discusses how your vision for yourself and what you want to be doing changes over time. “You get to a point in your age where your business no longer fulfills anymore. And then you have to go through a process of understanding ‘why do I do what I do?'” [8:06] Bob talks about the roles of self awareness and crystallized intelligence and how they impact the shift of interest and vision. [10:32] Ken concludes that this shift often results in the creation of a midlife crisis. He also discusses the truth of the idea that you become trapped inside what you build. “I imagine those midlife crisis moments are because you feel trapped, and you just at some point break… You literally build your own prison. And that's a scary feeling.” [15:14] Ken segues into the way to break out of this prison; make sure it serves you first. “If my business does not serve me first, how could I possibly be healthy enough to serve you? It's the oxygen mask concept.” [15:55] Ken says that, “I believe I have a calling in life. And I can't describe it, but there are certain talents inside of me that I feel need to be expressed better. And I can't describe it any other way than a calling or a mission. And so if my business is not doing that it's not serving me.” [18:16] Brad asks the guys what they think their business is, at its foundation and core. Essentially, is your business the people, balance sheet, idea, vision, etc? [21:48] Ken talks about the idea that many agency owners are business practitioners versus owners (they are serving people and are good at their craft). He argues that a business owner is a master of the principles of business and can apply those principles in any type of business. “Principles are principles, because they're universal. And so a business needs to make a certain number of bounded profit, whether it's an agency or it's Verizon.” [22:28] Bob discusses the importance of values, mission, and culture, and how having a strong foundation of these things prevents you from building your own prison. “If you don't have that strong foundation of this is our vision and this is the mission of why we exist, you're gonna fall into that eventually, and you become a slave to it versus I'm serving a bigger cause bigger than myself. I think that at its core, that's what's really missing in people's lives.” [28:13] Ken begins a conversation about a book called, Who Moved My Cheese, and applies the psychological principles discussed in it to being intentional that your business serves you first so that you can better serve your clients. [30:08] Ken talks about the idea that, “you will not enjoy anything you have to do. So if you're in a business where you have to do this thing to survive, you have to serve this client this way just to survive. That's never going to be the best end result for you or the customer.” [31:48] Bob tells a story about a new client of his and how this client has prioritized investing into his foundational principles, values, and culture, as well as his strategy and app and how that will set his business up to serve him first, destroying the prison. “I have never seen a company that has invested in culture successfully that has not gone on to be very successful, and very fulfilling for the people who work in it.” [35:44] Brad asks the guys where they feel like they are at in their personal visions, plans, and goals for themselves. [37:25] Ken talks about his perspective on where he's at in his vision. “I try to be intentional. I've always had a desire to pursue a certain type of reality. But I don't believe that I'm fully fulfilling it right now. But I don't think that that's a failure. I think it's a pursuit. When it feels like I'm not acting on something that I should, it's like, I've got this you know, all star baseball arm, but I'm just like I'll do that in 10 years. There's this feeling of like, um, you're not leveraging you're not really like living out the talents that you have in the right ways and pursuing them.” He also talks about a book, The Gap in the Game, and the idea of measuring backwards versus comparing yourself against an ideal. [43:27] Brad discusses his journey in realizing the importance of contentment. “What I've learned recently is that I'll never be where I want to be. So I have to understand that I have to be present, and I have to be content without being there.” [45:14] Bob closes with his thoughts on where he's at and the idea that most people are doing the best they can with what they have. “We only see the world as we are internally. And until we shift our own internal perspective, however that happens, we're really doing the best we can and we believe that we're doing what is right to get us where we need to go.”
Subtitle: Unlocking the Secrets to Success: Discover the transformative power of creativity, differentiation, and strategic pricing as the guys delve deeper into the concept of "10x-ing" prices. From the link between creativity and income generation to the art of effective communication and leveraging unique labels, this episode unveils the keys to delivering exceptional value and achieving unparalleled success in business. Get ready to revolutionize your approach and create happier, more satisfied customers along the way. The guys break down the role of creativity, AI, the power of labels, time, your unique superpower, and more on this week's episode. Summary: In this episode, Bob starts by reviewing the previous discussion about the importance of "10x-ing" prices and reveals that they will explore this concept further. Ken connects creativity to price increases, referencing the book "The Science of Getting Rich" and emphasizing creativity as a means to generate income. Bob adds to this by mentioning a study by the World Economic Forum, highlighting creative thinking as the top skill needed in the future. Brad explores the role of AI in creativity, concluding that human creativity and experience are necessary to fine-tune AI-generated outputs. Bob asks the guys if they believe that raising prices significantly while offering the same services is feasible. Ken discusses the power of labels, highlighting the need to differentiate oneself and avoid being categorized based on common expectations. The importance of finding one's superpower and leveraging it for differentiation, creativity, and increased prices is emphasized. Ken shares insights on increasing prices without increasing expenses, particularly in terms of time. Brad explains how his company implements the "10x" method by assessing client satisfaction and excitement rankings. Bob differentiates himself by presenting a larger scope of services and leading with his expertise and experience. Ken adds to this by emphasizing the importance of effective communication of a unique label and highlighting how businesses can provide value in distinct ways. The uncertainty in the business world and economy is discussed in relation to raising prices, with Ken noting that money is infinite while time is finite. Brad discusses leveraging opportunities during recessions and relates them to raising prices. Ken provides tips for preparing for price increases, including believing in their possibility and necessity, and ensuring that costs remain a fraction of the price charged. Bob concludes by emphasizing that charging more money enables businesses to deliver exceptional results and create happier customers. Overall, the discussion revolves around the importance of creativity, differentiation, effective communication, and the benefits of raising prices in delivering exceptional value and success in business. Top 3 Curtain Pulls in this episode: Embrace the boundless potential of creativity. Unlock the transformative power of creativity and witness its profound impact on business success. According to the renowned World Economic Forum, creative thinking reigns as the foremost skill crucial for the coming years, emphasizing the immense value of nurturing and embracing creativity in the pursuit of innovation and growth. By cultivating a culture of creative thinking, businesses can develop groundbreaking solutions, confidently raise prices, and achieve unprecedented levels of success. “Creativity is how you get anything. It's an unlimited well to generate income. I would venture to say that thinking about how to 10x your prices is an example of using creativity, not anything else, to generate more income.” Widen your label scope. The guys emphasize the power of labels and the importance of defining a unique identity that sets your business apart from competitors. By doing so, you can attract the right clientele and charge higher prices. Stand out and thrive in a competitive marketplace by leveraging the value of labels and differentiation. “Just calling yourself an agency puts you into a certain category where certain people expect certain types of things and certain prices and certain ways of engaging with you, and that may not be advantageous to you.” Expensive = higher quality = a happy customer and business owner. By charging more, businesses can not only allocate resources to deliver exceptional results but also invest in continuous improvement, ensuring long-term success and customer loyalty. Experience the positive impact of pricing strategies that prioritize quality and customer satisfaction. “People are happier when you charge them more money, because it gives you the resources to do an amazing job. That's why you 10x so you can be the best that you can be. And they can be the happiest customers on the other end.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [2:08] Bob kicks off this week's episode by reviewing the discussion last episode about the importance of 10x your prices, and reveals that they will be diving deeper into this idea this episode. [3:15] Ken makes the connection between creativity and price increases and discusses a book he read recently, “The Science of Getting Rich”, and how it links them.”This book was written in the 20s. It's basically all about creativity and how creativity is how you get anything. It's an unlimited well to generate income. I would venture to say that thinking about how to 10x your prices is an example of using creativity, not anything else, to generate more income.” [5:05] Bob adds to Ken's discussion on creativity by mentioning a study done by the World Economic Forum. “One of the graphs that caught my eye said, ‘What would you rank in priority, the top skills that are going to be in demand and needed in the next several years?' And so you're thinking, you know, all kinds of logical perspectives, but the number one thing that they said is going to be needed is creative thinking.” [7:50] Brad explores the idea of AI and creativity, and comes to the conclusion that although AI is an incredible tool, it's much like an unpaid intern; at the end of the day, it gives you the rough basis and you use human creativity and experience to fine tune it.“You don't give the interns work to a client, unless you look over it, right, tweak it, change it.” [9:51] Bob asks the guys to unpack the idea that, “you can't offer the same services and then raise your prices considerably and call it the same thing.” [11:49] Ken talks about the power of labels, and goes back to the roots of running a business; building wealth, and being fulfilled. “Just calling yourself an agency puts you into a certain category where certain people expect certain types of things and certain prices and certain ways of engaging with you, and that may not be advantageous to you.” [16:13] Bob touches on the importance of finding your superpower and the role that can play in labeling yourself, creativity, and increasing your prices. [18:46] Ken wraps up the chat about labels with some insight on increasing your prices without increasing your expenses; especially in time. “The more you talk about things in the labels that are commodities, the less you will be able to do anything about changing your income, your pricing your profit, and you won't be able to decide that.” [22:52] Brad dives into some of the ways he and his company have been implementing the 10x method and offers some insight. “For us, we have to look at what specific projects or what type of work we can do… The key is for you to have a satisfaction/excitement ranking on your client. You have to kind of diagnose every one of your customers… So maybe the diagnosis is we can't 10x anything on this customer. But we can get them from a satisfaction/excitement ranking of two to a 10.” [26:36] Bob discusses how he differentiates himself from competitors and utilizes a larger perspective to do so. “One of the ways that I've differentiated myself is to try to present the bigger scope of what I'm providing versus the individual things. And to lead with that. And like you said, it's easier for me because I'm not going back to a bunch of previous clients necessarily. So the way that I do that, is say, I'm an executive growth hacker that looks at things through the lens of behavioral science and psychology. So if you need an executive, ie high level person that understands how to grow your business in the digital context. Secondly, I say, I can serve as a fractional CMO. I'm approaching it from a bigger perspective of saying, You're not hiring me to do these things, you're hiring me for my experience.” [29:02] Ken adds to Bob's thoughts and connects it back to the power of labeling and effective ways of communicating your unique label. “Nike is known for what they're known for and that's why they charge what they charge. I would ask the question, you could probably do the exact same thing, just in a different way; like you're known for certain things that no one else is. You can't be an agency. You're not a consultant. You're Bob Hutchins. It's very different. Like, you may do consulting, you may do some agency like work, and you do some non agency stuff. We deliver these types of results. We've had this type of experience, we had this type of success. If you like this, this is who you're looking for.” [32:10] Bob asks the guys for their thoughts on raising prices in light of the uncertainty in the business world and economy. [33:39] Ken says, “Money is infinite; time is finite.” [34:32] Brad discusses some of the leveraging opportunities that arise during a recession and relates them to raising prices. [35:58] Ken mentions some important tips to help as you prepare for price increases in uncertain times. “Believe that it's possible, believe that it's necessary, believe that your cost needs to be no more than 1/5 of the price that you cha36:08rge. If your business isn't serving you, well, you're not profiting from it appropriately, then nothing else works; you have to fix that.” [39:23] Bob wraps up with some final thoughts on 10x your price. “People are happier when you charge them more money, because it gives you the resources to do an amazing job. That's why you 10x so you can be the best that you can be. And they can be the happiest customers on the other end.”
Subtitle: Take a moment to think about any famous, successful company. (Apple, Tesla, Google, Facebook, etc). One thing that most people think about when they think about a successful company is profit; how much money do they make, and how do so many people pay so much money for their products? We definitely don't have a simple solution, but instead, a few ways you can break out of your box and increase your prices and therefore profits. We break down mindset, communication, commodities and how to not be one, defining your unique strengths, strategy, and more on this week's episode! Summary: In the episode, the guys discuss the importance of raising prices in a business, particularly during times of economic instability. They acknowledge that many business owners may feel hesitant to increase prices, but argue that it's necessary for sustainable growth and profitability. One of the key points the guys make is the importance of understanding the mindset of the customer. Brad emphasizes the need to communicate the value that a business provides to its customers, which can help support higher prices. Ken stresses the importance of not becoming a commodity and argues that higher prices benefit all parties involved, as it ensures that businesses are able to provide quality service and remain sustainable over the long term. Bob offers a few questions that can help business owners focus on promoting the human elements of their work and expertise, such as "What differentiates me as a person?" and "What makes me an expert in these areas?" He also encourages business owners to work on their attitudes of scarcity and abundance mindsets, which can influence their perceived ability to raise prices. Ken advises business owners to focus on their unique strengths and passions and use those to differentiate themselves from competitors. He suggests taking away the label "agency" from a business and finding ways to break out of the box to become more unique. Bob talks about the importance of recognizing that not every prospective client is a good fit for a business and that it's important to not devalue oneself for the sake of gaining clients who are unwilling to pay what one's worth. Throughout the episode, the guys offer actionable advice and strategies that can help business owners raise their prices successfully. They also highlight the importance of mindset and attitude in achieving this goal, as well as the need to differentiate oneself from competitors and communicate the value that a business provides to its customers. Top 3 Curtain Pulls in this episode: Mindset matters. Mindset is crucial for business owners when it comes to increasing prices. Having a positive and abundant mindset can help communicate the value provided to customers and confidently set prices that reflect that value. Conversely, a scarcity mindset can lead to undervaluing work and hurting the bottom line. By recognizing and working on mindset, business owners can achieve their goals for growth and profitability. “I would challenge you to work on your own attitudes of scarcity, and abundance mindsets. That's really at the heart of being able to raise prices regularly without pain and without struggle.” Change the name to change the game. Labeling a business as an agency can be limiting for increasing prices, as it connotes a commoditized service. By shifting away from this label and focusing on unique value propositions, businesses can avoid competing solely on price and differentiate themselves in the marketplace. This can lead to increased profitability and long-term success. “I think you immediately limit yourself, and you call yourself an agency or a marketing agency or an advertiser, whatever it is website development, because it's commoditized. You got to change the name to change the game.” Knowledge, strategy, attribution. Focusing on knowledge, strategy, and attribution can allow businesses to create higher prices. It allows them to communicate their value, optimize resource allocation, measure ROI, and position themselves as valuable partners. This can result in increased revenue and profitability. “There's three things in my opinion that I've observed, that you need to focus on that will make you valuable; it's knowledge, strategy, and attribution.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:59] Ken opens this week's episode by introducing the topic, increasing your prices. [2:17] Bob asks important questions in light of recent economic instability. “How do you raise prices? How often? And how do you do it?” [3:34] Brad discusses the importance of understanding the mindset of the customer and communicating value to them. [4:34] Ken talks about the importance of not becoming a commodity, and how higher prices benefit all parties involved. “It's a perpetual spin to the bottom, I think it's bad for everybody. you can't be a commodity.” [8:00] Bob says that it's crucial to focus on and promote the human elements versus technology and offers some questions to help your business get there. “I think people buy expertise. What differentiates me as a person? Why am I unique? And why am I an expert in these areas? And why can I be a fit for you and what your needs are?” [9:29] Ken discusses the importance of public perception. “The way you don't be a commodity is you become the only option.” [13:43] Brad talks about an element of customer empathy that sets his business apart from others and the success they've seen from it. [15:46] Ken discusses the role that founders and their values play in becoming ‘the only one'. “My advice to myself, is to lean in, figure out what it is that you love, and what you're better at than anyone in the world.” [17:28] Bob brings up the importance of mindset and attitude and how they can influence your ability to increase your prices. “I would challenge you to work on your own attitudes of scarcity, and abundance mindsets. That's really at the heart of being able to raise prices regularly without pain and without struggle.” [18:34] Ken breaks down some important questions to break out of the scarcity mindset. [21:19] Bob talks about the importance of two ways you can narrow down; you as a person and your niche. [24:32] Ken discusses the value in taking away the label “agency” from your business and how that will help you break out of the box and become unique. “I would propose that the biggest barrier to raising prices and to charging more is yourself… you need to charge more and not do more.” [27:29] Bob reveals and dives deep into three things that will make you more valuable. “There's three things in my opinion that I've observed, that you need to focus on that will make you valuable; it's knowledge, strategy, and attribution.” [30:22] Ken dives deep into the value behind not calling yourself an agency; it only creates limits for your business. “I think you immediately limit yourself, and you call yourself an agency or a marketing agency or an advertiser, whatever it is website development, because it's commoditized. You got to change the name to change the game.” [32:37] Ken suggests a mental exercise and series of questions to help your business break out of the mental limitations holding you back from increasing your prices. [35:16] Bob talks about the importance of recognizing that not every prospective client that walks through your door should be a client you serve. “I'm not going to devalue myself for the sake of getting this immediate, quick dollar, when they're not willing to pay what I'm worth.” [37:03] Ken wraps up by discussing a quote he heard. “Once someone realizes that you need them, they realize that they don't need you.”
Subtitle: When you think about creativity, you typically think of painting, poetry, or some other art form. The truth is, creativity is in everything; whether it's a design, a color scheme, or a plan of action. In business, creativity can be your secret weapon to success. The hard part is convincing others that it's a weapon, not a hindrance. In this episode, we break down practical ways to market creative as well as the importance of communication, conviction, the true meaning of a brand, breaking stereotypes, and more in this week's episode. Summary: In this episode, the guys delve into the topic of creativity in the workplace and explore its importance and practical value in business. Bob opens the discussion by asking whether being creative makes one a better business person and whether creativity is essential for success. Ken responds by discussing the importance of leveraging creativity and how it can create value. He breaks down practical ways to use creativity to drive business elements and highlights its power in generating practical results. Brad joins the conversation by emphasizing the true meaning of a brand, which is not just a logo or brand colors, but a promise. He explains how creativity can elevate and express that promise, emphasizing the importance of backing up the brand with logistics, practical elements, and product execution. Bob adds to this by stressing that without the practical elements to back up the brand, it loses its value. The guys then discuss how creativity can impact and improve areas of our lives on a personal level. They talk about the importance of breaking down the existing stereotypes about creativity and shifting one's mindset to embrace creativity as a valuable skill. They emphasize that creativity is not limited to artistic endeavors but can be applied in all aspects of life, including problem-solving and decision-making. The conversation then shifts to marketing creative services effectively. Ken asks the guys if they have any strategies or thoughts on how to do so. Bob answers by emphasizing the importance of communication and interpreting branding, marketing, and strategy in a language that the client can understand. Brad adds to this by discussing the importance of understanding the customer journey and how a brand makes them feel. The guys also discuss the importance of backing up a rebrand with fulfilled promises and how communicating the value of creativity is crucial in effectively marketing creative services. They acknowledge the challenges of marketing creative services and stress the importance of communicating their value. In conclusion, the guys close with a quote by Maya Angelou, "people don't remember what you said or what you did. They remember how you made them feel." This quote highlights the importance of the emotional impact that creativity can have and how it can leave a lasting impression. Overall, the episode emphasizes the practical value of creativity in business, personal growth, and marketing creative services effectively. Top 3 Curtain Pulls in this episode: Keep your promises. Keeping your promise is crucial in building a successful brand. If your brand promise is not backed up with logistics and practical elements, then it has no value at all. Failing to deliver on your promise can damage your reputation, reduce customer loyalty, and ultimately harm your bottom line. It's crucial to ensure that you're consistently delivering on your brand promise by aligning your creative strategy with practical elements and focusing on delivering an excellent customer experience. “Your brand is not your logo, it's not your brand colors. A brand is a promise. A promise is elevated and expressed through creativity.” Communicate value. Communicating value is crucial when marketing creative services. To effectively communicate value, focus on the client's issues and frame them in a way that they'll understand. By approaching marketing from a communication perspective and using common language, you can build trust and establish a level playing field. It's also important to understand your customers' journey and tailor your messaging to resonate with them. Ultimately, focus on being clear, concise, and compelling in communicating the benefits of your creative services. “I always approach it from a communication perspective. Because most people understand that you're kind of on a level playing field. And if you can reinterpret branding, marketing, strategy, all of that and put it into common language of communication, I think you'd then you're on that's how you can sell that a lot better.” Find your conviction. Finding conviction is crucial in the creative industry. It involves having a deep belief in your creative abilities and the value of your work. To find your conviction, collaborate with like-minded individuals, define your brand, and be true to your values. Trusting your instincts, taking risks, and creating authentic work can lead to greater success and fulfillment. “You have to have really strong conviction as a creator.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:51] Bob opens this week's episode by discussing the topic for this week, creativity's role in the workplace and breaking the existing stereotypes about creativity. “Does being creative make you a better busin353ess person? And then I would take it a step further and say, Does being creative and learning how to think creatively? Is it essential for success?” [4:08] Ken talks about the importance of leveraging creativity and the value it can create. [5:32] Ken breaks down some of the ways you can practically leverage creativity. “That's why I think creativity is so powerful; it's so practical, because when leveraged correctly, it actually drives practical business elements.” [7:41] Brad discusses what a brand actually is. “Your brand is not your logo, it's not your brand colors. A brand is a promise. A promise is elevated and expressed through creativity.” [12:13] Bob talks about the importance of backing up your brand with logistics, practical elements, and your creative. “If it's not backed up with the logistics and the practical side and the product and how that product is executed, then the brand has no value at all.” [14:49] Bob begins a new discussion, talking about the practical and personal ways creativity can impact and improve areas of our lives. [21:07] Bob talks about the importance of breaking down the believed stereotypes about creativity and shifting your mindset. “There's real value in going, I don't have to just do it this one way. That's the value that people come and pay us for.” [24:44] Ken discusses the importance of identifying your superpower and advantages in the market. [26:18] Brad talks about the power of strong conviction in creative, product, and brand. “You have to have really strong conviction as a creator.” [28:18] Ken asks the guys if they have any strategies or thoughts on how to effectively market creative services. [29:55] Bob answers and discusses the importance of communicating the client's issue to them in a way they'll understand. Often miscommunication is the issue, so looking at the application of creative services with that lens is an effective way to market them. “I always approach it from a communication perspective. Because most people understand that you're kind of on a level playing field. And if you can reinterpret branding, marketing, strategy, all of that and put it into common language of communication, I think you'd then you're on that's how you can sell that a lot better.” [32:21] Brad talks about the importance of understanding the journey of the customers and how does your brand make them feel? [35:31] Brad discusses the importance of backing up a rebrand with fulfilled promises. “But if you reinvent yourself, it's not just changing a logo; that was the last thing we did. They had to change and make a promise that they had to organizationally keep.” [38:51] Ken talks about the challenges of effectively marketing creative and the importance of communicating its value. “In a marketing problem, there are very few things that are not creative related.” [42:03] Brad closes with a Maya Angelou quote, “people don't remember what you said or what you did. They remember how you made them feel.”
Subtitle: As a kid, you were probably taught that creativity is something only for “artsy kids” and that it was “unique” but it wasn't going to help you make money. In this week's episode, we challenge that idea by diving into the importance of creativity in today's business world, and how your creativity is the key to success. We talk about the stigma surrounding creativity, innovation, curiosity, mindset, phases of life, and more on this week's episode! Summary: In this week's episode, the guys discuss creativity and its relevance in the constantly changing world of 2023. They acknowledge that people are going through their own life changes, including shifting their businesses, experiencing layoffs, and adapting to hybrid or remote work environments, and everything seems to be a little bit upside down. They suggest that this is a great and necessary time to think a little bit differently, and to leverage creativity to find new and better solutions to problems. The guys then break down the stigma surrounding creativity, which is sometimes seen as a non-income driver. However, they argue that creativity is required to be successful at anything, and that it is essential for problem-solving and achieving goals. They emphasize that creativity is not just for creativity's sake, but rather that it is a skill that can be harnessed to create value for businesses and individuals alike. The guys discuss the importance of recognizing an agency's unique perspective and role in creating value for clients. They also touch on the idea that creativity sets humans apart from other mammals, as it allows us to imagine something and then bring it to life. The guys then explore the mindset of successful business people, who have a greater fear of not achieving their ideas than the fear of failing. They emphasize that failure is the key to growth and success, and that it is important to learn from failures and use that wisdom to have a grateful mindset. Throughout the episode, the guys emphasize the importance of being curious and having a pliable mind in order to be creative. They discuss the balance between discipline and creativity, and suggest that removing the word "impossible" from one's vocabulary can help to expand creative possibilities. The guys also touch on the cyclical nature of phases in life, and the importance of realizing that life and career exist in phases rather than one big chunk. They discuss the benefits and dangers of past, present, and future mindsets, and suggest that understanding where one spends their thoughts and time can help them to move forward in a positive direction. The guys conclude by emphasizing the importance of innovation and always looking for ways to improve. They suggest that creativity looks at order, blows it up, and then puts it back together in something new, better, more creative, and more functional. They use an analogy to highlight the importance of staying innovative and continuing to look for new and better ways to do things. Overall, this podcast episode provides valuable insights into the importance of creativity and how it can be leveraged to create value in a changing world. It encourages listeners to be curious, embrace failure, and stay innovative in order to find new and better solutions to problems. Top 3 Curtain Pulls in this episode: Be curious. Curiosity is essential for creativity. It drives exploration and innovation by encouraging individuals to ask questions, challenge assumptions, and seek out new experiences. Without curiosity, creativity can become stagnant, leading to tired ideas and approaches. Embracing curiosity unlocks new possibilities for growth and innovation. “Creativity is required to be successful at anything. when there's a problem, you have to have the ability to be creative and get around it.” Embrace failure. Embracing failure is crucial for creativity. It enables experimentation, risk-taking, and learning from mistakes. Fear of failure can stifle creativity and limit innovation. By embracing failure, individuals can push boundaries and adapt to challenges, leading to greater resilience and growth. Failure is an opportunity for learning and growth, unlocking creativity's full potential. “Be able to learn that wisdom to be grateful, and say, I would have never learned that had I not failed.” Break the stigma. Breaking the stigma surrounding creativity is crucial as it enables individuals and organizations to recognize and utilize the potential of creative thinking. It allows individuals to approach problems with a fresh perspective, leads to increased productivity and innovation, and dispels the notion that art and creativity are not viable career paths. However, breaking the stigma requires a shift in mindset, embracing failure as part of the creative process, and prioritizing experimentation and risk-taking. Ultimately, breaking the stigma surrounding creativity unlocks the full potential of human imagination and innovation. “I want to dispel the myth that you're not creative. As human beings, we have that so we can solve problems and express deeper truths; it is so that we can reframe things in our mind.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:30] Bob opens this episode by discussing creativity and its relevance. “In 2023, the world has changed and is changing, it's a little bit crazy out there. And we have friends who are going through their own life changes, whether it's shifting their business, maybe going through some layoffs, their leadership styles have changed because people are hybrid or remote, and everything's a little bit upside down. It's a great and necessary time to think a little bit differently.” [3:14] Ken discusses some of the stigma surrounding creativity. “We're kind of brought up with the idea that creativity is not a is not an income driver.” [5:17] Brad talks about the importance of recognizing an agency's unique perspective and role. “In our business, we don't create for creative's sake. We're paid to create.” [7:12] Ken continues to talk about the stigma surrounding creativity and the importance of recognizing that, “Creativity is required to be successful at anything. when there's a problem, you have to have the ability to be creative and get around it.” [10:34] Bob talks about the importance of creativity and how we as humans were intentionally given the ability to be creative. “I want to dispel the myth that you're not creative. As human beings, we have that so we can solve problems and express deeper truths; it is so that we can reframe things in our mind.” [12:01] Ken discusses the idea that creativity sets humans apart from other mammals. “Being creative is the ability to imagine something and then bring it to life.” [16:50] Ken talks about the mindset of successful business people and how, “They have a greater fear of not achieving that (idea), than the fear of failing.” [17:01] Brad mentions that failure, “is the key to growth and success.” [19:03] Bob discusses the importance of being curious and having a pliable mind in order to be creative. [20:55] Ken talks about the balance between discipline and creativity as well as removing “impossible” from your vocabulary. [22:37] Ken breaks down a question he asks himself to break out of a restricted mindset. “Ask yourself, how could this be possible? If you ask yourself that question and really spend time on it, you'll actually find really great answers.” [25:58] Bob discusses the idea of the “leftover mentality” and the importance of realizing that your life and career exist in phases versus one big chunk. [28:18] Brad talks about past, present, and future mindsets and the benefits and dangers of each. “Try to understand where you spend your thoughts and your time, because where your thoughts are, that's where you're going toward.” [32:56] Ken says that it takes creativity to have a grateful perspective. [33:36] Bob discusses the importance of learning to fail fast and learn from failures. “Be able to learn that wisdom to be grateful, and say, I would have never learned that had I not failed.” [37:41] Bob talks about the cyclical nature of phases. “In our stages of life, there's order to disorder and reorder, and we're constantly going through that cycle. Creativity looks at order, blows it up and then puts it back together in something new and better and more creative and functional.” [40:59] Bob wraps up this week's episode by using an analogy to dive into the importance of innovation and always looking for ways to improve.
Subtitle: Have you ever been inside a store, picked up an item you thought was unique, looked at the price, and then put the item back on the shelf? This is a universal experience in all industries, and is particularly an issue in the agency world. How can we as business owners and professionals achieve successful value-pricing? In this episode, the guys discuss the concept of value pricing and how it can be applied to businesses. They emphasize the importance of differentiating your business and establishing yourself as an authority in your field. They also discuss the significance of positioning through branding, creating your own category, shifting your mindset, and more on this week's episode. Summary: In this episode the guys discuss the concept of value pricing and how it can be applied to businesses. Ken dives into the idea behind value pricing and the role that context plays in determining the price people are willing to pay. He explains that all the information you provide about your product or service is what influences the price people are willing to pay. The gap between the cost and the result is the value, and the more you can push those two factors apart, the closer you get to an irresistible offer. Brad talks about the importance of differentiating your business in a crowded market. He says that as a business or a product, you can only be the cheapest, the best, or the only one. Ken adds that to differentiate your business, you need to establish your positioning through branding and determine your superpower. Bob talks about the importance of establishing yourself and your business as the authority and how that ties into value pricing. He explains that becoming the authority means establishing your own category, creating your own language, and shifting your mindset. Ken discusses the value in becoming aware of the business you're really in. He emphasizes the importance of understanding your industry and your competitors and knowing how to position your business within that context. He says that if you're not aware of the business you're in, you'll encounter problems. Ken asks, "How do you move to value-based pricing?" and discusses the truth that no one wins if you don't charge enough money. He explains that you need to use information in psychology to create awareness of all the value around the service that you have. He also talks about how he uses budgeting and cost plans to illustrate to the clients that there is a reason for each part of the price and if they want a price drop, something will need to be cut. Brad talks about clients asking for a reduction in price and uses an analogy to illustrate how this can become an issue in the service industry. He says that it's like going to a doctor and saying, "Doctor, I need a hip replacement," without a proper diagnosis. He emphasizes the importance of establishing yourself as the authority to prevent clients from asking for unreasonable reductions. Bob discusses the importance of positioning yourself as the obvious expert. He says that you need to position yourself as the authority every single time; otherwise, you'll be seen as a commodity. He emphasizes that the difference between those who are able to do value-based pricing and those who struggle with a commoditized business and an hourly model is their ability to position themselves as an authority. Ken talks about the importance of removing your assumptions, beliefs, and preconceptions in order to be able to "charge 10 times as much for that." He emphasizes that you need to think outside the box and be creative in determining the value of your services. Top 3 Curtain Pulls in this episode: Establish your positioning as an authority and expert. To establish your business as an authority and command higher prices through value pricing, it's essential to identify your unique value proposition and leverage it through effective branding and positioning. Customers are willing to pay more for businesses that they perceive as experts in their field, and by establishing yourself as the authority, you can attract more customers and command value-based prices for your products or services. “You have to get your positioning, we talk a lot about your branding, and like that kind of stuff. And like being like, what's your superpower?” Become aware of what business you're really in. Identify the unique value proposition that your business offers and how it can solve your customers' problems. Without a clear understanding of your business, it can be difficult to create effective marketing strategies, attract and retain customers, and set value-based prices. By becoming aware of the business you're really in, you can focus your efforts on your core competencies, differentiate yourself from your competitors, and offer unique value to your customers. “If you're not aware of the business that you're in then I think there's problems.” Determine what the value of your service or product actually is. Value pricing is creating awareness of the value of your service by using psychology. Budgeting can be used as a tool to explain that each part of the price has a reason, and if you want a price drop, something will need to be cut. This approach helps businesses determine the actual value of their product or service. “How do you charge anything for anything?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:54] Ken opens this episode with a chat about how he is not a pet person. [1:41] Brad says that he's so thankful for the guys and the time spent together on this podcast. [3:53] Bob discusses new AI voice technology and dives into possible future applications. [7:05] Ken introduces today's topic “we're going to talk about how to charge anything for anything.” [7:21] Ken dives into the idea behind value pricing as well as the role context plays. “All the stuff that you say, is really what influences the price people pay.” … “That gap between like, what does it cost me, and what is the result; that's the value. Everyone's pushing those as far apart as possible, and the more you can push those apart, the closer you get to an irresistible offer.” [10:40] Brad talks about the importance of differentiating your business. “As a business, and as a product, you can only be the cheapest, the best or the only.” [11:22] Ken peels back some of the layers of value pricing by discussing the crucial element of positioning through branding. “You have to get your positioning, we talk a lot about your branding, and like that kind of stuff. And like being like, what's your superpower?” [14:02] Bob talks about the importance of establishing yourself and your business as the authority and how that ties into value pricing. [16:25] Bob dives into the significance of establishing your own category, creating your own language, and shifting your mindset. [22:54] Ken discusses the value in becoming aware of the business you're really in. “If you're not aware of the business that you're in then I think there's problems.” [25:33] Ken asks, “How do you move to value based pricing?” and discusses the truth that no one wins if you don't charge enough money. [33:55] Brad talks about clients asking for a reduction in price and uses an analogy to illustrate how this can become an issue in the service industry. “It's like going to a doctor and saying, Doctor, I need a hip replacement. And the doctor is like, how do you know that? So they come with their own diagnosis, and they're looking for a doctor to prescribe something for them.” [36:14] Ken defines value pricing as “using information in psychology, to create the awareness of all the value around the service that you have.” He also talks about how he uses budgeting and cost plans to illustrate to the clients that there is a reason for each part of the price and if you want a price drop, something will need to be cut. [43:56] Bob discusses the importance of positioning yourself as the obvious expert. “You've got to position yourself as the obvious expert every single time otherwise, you're going to be seen as a commodity. that's the difference between those people that are able to do value based pricing and those who are struggling with a commoditized business and an hourly model.” [45:57] Ken talks about the importance of removing your assumptions, beliefs, and preconceptions in order to be able to, “charge 10 times as much for that.” [47:37] Bob wraps up by asking the listeners to, “Please like and recommend this podcast. We haven't asked you to do that in a while and to all you audio listeners, we do have a YouTube version of this. We haven't pushed that a whole lot lately either. So you can go to YouTube and just search up ‘agency exposed podcast' and find us there.”
Subtitle: When most people think about AI, they think of the dangerous robots or technology from movies that destroy the human race. Though AI does have the potential to be dangerous, it also has a lot of potential to assist businesses by creating content, cleaning up writing, and helping with research. Today, the guys dive into the practical uses and dangers of Chat GPT and AI. They also talk about communication, misinformation, human nuance, Wall-E, and more on this week's episode. Summary: In this week's episode, Bob, Ken, and Brad engage in a discussion about Chat GPT and AI. Bob starts by asking how the guys use AI practically in their agency and business. Bob also explains that machine learning is the precursor to AI and has been around since the 1960s. He defines AI as generative, meaning it takes a prompt and tries to match and complete the thought as accurately as possible. The group then delves into the importance of words and communication in human relationships. They consider if it is the words alone, the context of the words, or the embodiment behind the words that matter most. Bob highlights the complexity of communication and how AI may struggle to understand the nuances of human language and relationships. Brad shares his experience exploring and using Chat GPT. He tests its capabilities and tries to find ways to use it to save time and create authentic content. He also discusses the amount of information that Chat GPT can retain as context, which affects its ability to generate accurate responses. Ken brings up the importance of using technology and AI wisely, leveraging time and avoiding the dangers of atrophy. He warns about relying too heavily on AI and losing valuable skills, such as writing. Brad agrees and highlights how Chat GPT has helped him save time and create content. Ken then asks Brad if he has used Chat GPT for research purposes. Brad discusses the extensive knowledge that Chat GPT has and also raises concerns about the dangers of AI creating and publishing false information. He emphasizes the importance of fact-checking and ensuring the accuracy of the information generated by AI. Brad highlights that the value of writing is not the writing itself, but the concepts behind it. Bob elaborates on the idea that AI does not have the same understanding of nuances as humans do, which could lead to misinformation. He explains that AI is only trying to give what it thinks the user wants, but has no incentive to provide what is true and accurate. Bob raises the concern about the potential for the best AI to become a tool solely for wealthy individuals and businesses. He warns about the unequal distribution of technology and the consequences of a small group having access to such powerful tools. Finally, Ken wraps up the discussion with a warning about the need for discipline in balancing technology and human skills. He emphasizes the importance of finding a balance between using technology and preserving valuable skills, such as critical thinking and writing. He stresses that there is no self-discipline in technology, and it is up to us to exercise discipline in its use. Top 3 Curtain Pulls in this episode: AI has the potential to increase your comfort or leverage; choose wisely. AI can revolutionize the way we live and work, offering new levels of comfort and efficiency. Whether you're looking to streamline your daily tasks, automate repetitive processes, or gain insights from large data sets, AI has the potential to increase your comfort and leverage in many ways. However, the danger of atrophy remains so it is vital to examine the motives behind using AI. “There's two ways you can use technology and AI. One way is to increase comfort, and the other way is to increase leverage.” AI is a tool, not a human. AI is a useful tool but lacks the emotions, empathy, and understanding of human relationships that are essential to many aspects of our lives. By recognizing the limitations of AI and balancing its use with human skills, we can unlock its full potential and use it to enhance our lives and work. “There's no self discipline to balance technology with not technology. We have to exercise a lot of human discipline with these things, because they're really powerful.” The dangers of AI are very real.The dangers of AI are real and can't be ignored. It lacks human nuance and context, leading to misinterpretation and false information. Misinformation spread by AI can have serious impacts, so it's important to use AI transparently, accurately, and responsibly to avoid these dangers and ensure its benefits to society. “It's just trying to give you what it thinks you want, but it has no incentive to give you what is true and what is accurate.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:42] Bob begins a discussion about this episode's topic, Chat GPT and AI. [1:35] Ken asks the guys how they use AI practically for agency and business. [3:14] Bob talks about how machine learning is the prequel to AI, and AI has been around since the 60s. He says that AI is, “what we call generative. It's taking a prompt and it's actually trying to match that prompt and finish that thought and make it as accurate as possible.” [5:45] Bob dives deep and asks, “what's the importance of words and communications in how we relate to other human beings? Is it the words alone? Is it the context of the words? Or is it the actual embodiment of someone behind those words?” [10:00] Brad talks about some of the practical ways he's been exploring and using Chat GPT. “I'm just testing it out, I'm trying to figure out how this thing can help me. What type of processes can I throw at it that it would give me the results I'm looking for? how much information could it retain, that it can use as context?” [13:48] Ken talks about the importance of leveraging your time wisely and how to use technology and AI to either increase comfort or leverage; he also discusses the dangers of atrophy. “If you just asked it to write everything for you, eventually you'd lose the ability to write.” [15:39] Brad talks about other ways he's been using Chat GPT and how it has helped him save time and create authentic content. [18:29] Ken asks, “Have you used it for anything on the research side of things?” [18:33] Brad discusses the extensive knowledge that Chat GPT has and also launches a discussion about the dangers of AI creating and publishing false information. [21:25] Brad says that, “The value of writing is not the writing. It's the concepts.” [23:57] Bob elaborates on the idea that AI doesn't have the same understanding of nuances as humans do and how this could lead to misinformation and its various dangers. “It's just trying to give you what it thinks you want, but it has no incentive to give you what is true and what is accurate” [33:49] Bob talks about the potential for the best AI to become a tool solely for wealthy individuals and businesses. [36:18] Ken wraps up with a warning, “There's no self discipline to balance technology with not technology. We have to exercise a lot of human discipline with these things, because they're really powerful.”
Subtitle: Processes. For many that word sounds boring, but for the wise owner it means profit. It's one of your best tools to increase your profit. On this week's episode, the guys dive right in, emphasizing the importance of developing and optimizing processes in business. By streamlining tasks and creating templates, businesses can work more efficiently and achieve better results. The guys also provide practical tips and tools that businesses can use to develop and optimize their processes, helping them to navigate uncertain times and achieve their goals. Summary: The guys stress that in uncertain times, it's important to figure out how to optimize what you're doing and create less cost while generating more profit. They emphasize that this is why processes are important. Processes can help to standardize operations, streamline tasks, and help teams to work more efficiently. The guys discuss how to get started with developing processes, suggesting that the first step is to document how tasks are currently done. By documenting tasks, businesses can create a foundation for developing SOPs that can be used by all team members. The guys also discuss the importance of seeking an outside perspective when developing processes and systems. The guys then dive into the specifics of how processes and systems can be developed and optimized. They talk about two areas where processes and systems have major value: delivery and product creation. The guys use an analogy of Lego blocks and a menu of items to express the importance of organizing and creating templates for each product or service a business offers. They also discuss how using tools like Monday can help create templates for projects and increase efficiency and organization. Monday is a project management tool that allows businesses to create project templates that can be easily customized and duplicated. The guys emphasize that tools like Monday provide accountability for all team members and clients and ensure that everyone is on the same page. The guys stress the importance of creating a culture that makes data and metrics fun, so that team members are more likely to engage with them. They also discuss the importance of setting goals for the business and using processes and tools to achieve them. By setting goals, businesses can work backward to determine the processes and systems needed to achieve those goals. Finally, the guys discuss how to improve results and charge higher prices by improving processes. They suggest asking how to charge 10 times what a business is currently charging, which can help to identify areas where processes and systems can be improved. By improving processes and delivering better results, businesses can charge more for their products or services. Top 3 Curtain Pulls in this episode: Document any and all processes. Documenting current processes is a simple way to get started with process optimization. It enables clear communication and can help identify areas that need improvement. Having a centralized location to store all processes and systems can also streamline operations and ensure everyone has access to the right information and resources. These simple steps can help businesses create effective and efficient processes for improved productivity and success. “One of the most simple things you can do to get started on this more process oriented and time and resource saving endeavor is to simply document how you do things.” Create product templates; you want to be a menu, not a personal chef. Creating templates for products using systems and processes brings immense value to a business. It standardizes and streamlines the production process, saving time and resources while maintaining consistency and quality. This eliminates the need to create new products from scratch and ensures efficient and error-free production. “We want like Lego blocks, or a menu of actual items. And so we don't want to be making new Lego blocks.” Set goals; what do you want to achieve through these processes. Goal setting is crucial for any business and requires the use of processes and tools to achieve them. Without a clear target, it becomes difficult to measure success. It's important to consider how to handle projects and manage them efficiently, especially when scaling up.“You can't hit a target, and you can't see or you can't measure.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:07] Bob asks the guys how they're doing, launching a discussion about their businesses and the economy in the new year. [5:08] Ken talks about how hard seasons in life and business are necessary in order to grow stronger. “Good times create weak people, weak people create bad times, bad times create strong people, strong people good times.” [6:48] Ken segues into this episode's topic, processes. “It's always good, especially in these times to figure out how to optimize what you're doing. And if you can create less cost, and create more profit, then you have a better way of producing at a profit. And so that's why processes are important.” [7:32] Brad mentions a quote he's heard recently that ties into his word for the year and how those things relate to processes. “If you don't know how to put what you're doing into a process, you don't know what you're doing.” [10:21] Bob talks about where to start when looking at how to create and define the sometimes overwhelming processes in your business. “One of the most simple things you can do to get started on this more process oriented and time and resource saving endeavor is to simply document how you do things.” [12:50] Brad discusses the importance of seeking an outside perspective and having one location where you can store every system and process each employee uses. [14:22] Ken talks about two areas where processes and systems have major value; delivery and the actual products. He uses a Lego analogy to express the importance of organizing and creating a template for each product or service you offer. “We want like Lego blocks, or a menu of actual items. And so we don't want to be making new Lego blocks.” [17:23] Brad dives into the specifics about how he and his business utilize his tool, Monday, to create templates for their projects and how it has increased efficiency and organization. “So what we do is we've started templates for our projects. We literally will just drag that project and start a brand new project. It automatically has all the hours for it, and we pretty much know what the cost is. You can tweak it, if there's some nuances and stuff. But then what happens is, the whole project is already set up all the timelines, all we do is we trigger it.” [21:52] Brad discusses how his tool, Monday, has really helped his business because, “it just gives accountability to your customers, it's really accountability for everybody, and clarity.” [24:30] Bob talks about the value and saved time that result from having templatized products. [31:13] Brad says, “you can't hit a target, and you can't see or you can't measure.” [32:35] Bob talks about the importance of creating a culture that makes the data and the metrics fun so that you are able to optimize the processes. “If you can create a culture, you not only make it better for the client and for yourself, and you are able to optimize, but you also catch things quicker.” [36:41] Brad talks about the importance of setting goals for your business and using processes and tools to achieve them. “Let's just dream a little bit? And let's just say we actually are able to meet this goal? How are we going to be able to handle these projects? When, you know, without? How do we do this? How do we manage? Efficient? How do we scale?” [39:51] Brad says that in order for your processes to be successful, you have to plan on them being used by the average person. “There's going to be superstars in your agency who can do projects quicker, get them up on their feet quick. But you have to plan for the average person and their speed.” [41:11] Ken wraps up by asking, “how can we charge 10 times that? Ask yourself that question because then it forces you to the next step to ask, how can we improve the result that it creates?”
Subtitle: How's 2023 going so far? We start every year with successful themes and words; not resolutions. Approximately 80 percent of those who set New Year's Resolutions give up at the beginning of February. This is why we at Agency Exposed believe that choosing a word to guide your year and give you something to focus on is a better way to achieve change and grow. In this week's episode, we break down our themes for this year, our themes from last year, and AI. Summary: On this week's episode the guys break down their words from last year, their words for 2023, and AI. Ken explains the reasoning behind choosing a word or a theme for a year instead of having resolutions. He quotes basketball coach Tim Grover, stating that "The difference between winners and losers is that winners value the process of winning, and losers, only value the result." He emphasizes the importance of valuing the journey and not just the end goal. Bob then asks the guys to reflect on their words from the previous year, and how they put them into practice. Ken talks about his word from last year, leverage, and how it helped him to understand that by loosening his grip, he can achieve more. He also explains how he views his past words as building blocks and tools to continue to change and grow. Brad talks about his phrase for last year, more fun, and how it helped him to focus on doing more things that bring him joy and laughter. He also shares a conversation he had with his dad that inspired his word, where his dad regretted working too much and not spending enough time with his family. Bob shares his word for the previous year, simplify, and how it helped him to realize that the biggest journeys and adventures are not somewhere out there to conquer, but with the people he does life with. He also talks about his new business that he is launching and how he believes that collaboration is greater than competition. Ken shares his word for this year, belief, and how it has been unpacked for him in so many different ways. He emphasizes that the greatest human superpower is expectation, which is closely related to belief, and that if you change what you expect, you get what you expect, and not what you deserve. Brad talks about the process he used to arrive at his word for this year, transparency, and how he believes it applies not only to business but also to his personal life. He also talks about how he's been testing and using AI and how it's helped him and his business. Bob joins the conversation and talks about the importance of recognizing the things that AI succeeds at and the things that humans succeed at, and how to utilize them to our advantage. He concludes the episode by emphasizing the importance of creating value around our creativity and ideation, as well as our people and services. Top 3 Curtain Pulls in this episode: Belief. Ken shares his word for this year and explains how it has been significant for him in various ways. He stresses that the greatest human superpower is expectation, which is closely related to belief. He states that if one changes their expectations, they will get what they expect and not what they deserve. “The greatest human superpower is expectation. If you change what you expect, you get what you expect. You get what you believe, you don't get what you deserve.” Transparency. Brad explains that he arrived at his word for this year, transparency, through a process of reflection and it applies to both business and personal life. He believes that being transparent allows for deeper connections and trust and it also helps him to be more authentic in his interactions. “Clarity is the understanding of something but transparency is being able to see it as well.” Collaboration. Bob's word for the year is collaboration, and he emphasizes that it is more important than competition; especially for building his new business. Collaboration can lead to better problem solving, innovation and stronger relationships. “Collaboration is greater than competition.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:39] Bob opens this week's episode by introducing this episode's topic, the guys' words for 2023. [2:48] Ken talks about the reasoning behind choosing a word or a theme for a year instead of having resolutions. [5:05] Ken talks about a quote from basketball coach Tim Grover and applies it to setting goals. “The difference between winners and losers is that winners value the process of winning, and losers, only value the result.” [7:37] Bob asks the guys to break down their words from last year. “Why don't we talk about our words last year, briefly talk about what the experience was.. And how you live that out.” [8:18] Ken talks about his word from last year, leverage. “You can lift more if you loosen your grip.” [10:04] Ken your multiplier is someone who spends their time on something that actually makes more time in the future. It's like an investment. [15:40] Ken says that he views his past words as building blocks and tools to continue to change. [16:23] Brad talks about his phrase for this past year, more fun. “I live with the goal of doing more stuff. But it's always for return on investment. And I realized that I'm best when I'm laughing.” [20:29] Brad talks about a discussion he had with his dad that inspired his word and created a shift in his perspective. “I asked my dad, what is the one thing in life that you regret? And he said, "I regret working so much, because I wasn't around my family as much.” [21:25] Bob talks about his word for last year, simplify. [24:51] Bob opens with his word for this year, collaborate and talks about his new business that he is launching. “I know that collaboration is greater than competition.” [27:32] Ken talks about his word for this year, belief. “Over the last year, that word keeps coming up in my life, and in different ways. And it's been unpacked, for me, in so many different ways… the greatest human superpower is expectation, which you can say is basically a synonym of belief. But basically if you change what you expect, you get what you expect. You get what you believe you don't get what you deserve, you get what you believe.” [32:13] Brad talks about the process he used to get to his word, transparency. “So first I, my word was clarity. I'm going to choose a different word. While clarity is the understanding of something, transparency is being able to see it as well.” [33:45] Brad digs into the idea of transparency and authenticity and how it not only applies to business but also to his personal life. [37:09] Ken starts a discussion about AI and how it is being used today. [38:09] Brad talks about the ways he's been testing and using AI and how it's helped him and his business. “And so I will tell, I will kind of craft the initial idea of what I want. And they'll just ask it to refine, refine, refine, refine, refine, and then I'll say, Give me three alternatives to that. And it'll give you ideas.” [42:25] Bob talks about the importance of recognizing the things that AI succeeds at and the things that humans succeed at, and utilizing those to your advantage. [49:36] Bob wraps up this episode by saying, “you need to create value around your creativity and your ideation versus your people and your services.”
Subtitle: 2022 flew by and 2023 is here. That means it's time to reflect on 2022 and what you want to change for yourself and your business in 2023. In today's episode, we break down our goals, predictions, and thoughts for 2023 along with what we think all agencies should focus on. We talk about profit, efficiency, value, processes, Severance, shooting for the stars, and more on this week's episode. Let us know your thoughts, goals, or questions in the comments below. Summary: In this episode, we discuss our goals, ideas, and theories for 2023 along with some changes we will be making in our businesses. Each agency is unique and has different strengths, yet there are a few things we all could be doing to improve and spark change in the coming year. The first of these being focusing on and prioritizing profit. Profit is mistakenly viewed as greed driven or selfish when it is often in fact the opposite. In order to serve your customers well, you have to be able to fund ways to do that, this is where profit comes in. Most midsize agencies make around 15% of profit per year, and small agencies make around 10%. This is simply not enough to successfully run a business and allow for growth and investment. Profit also ties into efficiency and value. Profit is based on value, and value requires efficiency. So in order to increase your profit, you need to evaluate and improve your efficiency and improve the way you communicate your value to your clients. This is where mindset comes into play. You have to believe that you have earned your profit and that what you have to offer is valuable. It's also crucial to recognize the importance of processes and evaluate how you can implement them to create more efficiency. We also talk about the advancement of technology, what that looks like, and what that means for agencies moving forward. It's important to identify your ‘Lego blocks' and improve your attribution. Top 3 Curtain Pulls in this episode: Focus on profit. One of agencies' most common misconceptions is that high profit is for the greedy and selfish. This is due in part to agencies' low profit and their mindsets. Instead we must understand that profit is not greed, but instead a tool for our businesses to better serve our clients and employees while also growing and investing in the future of the business. “Unhealthy, low profit businesses don't help anybody, not the people that work for them, not the people that own them, not the people they serve.” Improve efficiency and the ways you communicate value. Profit is built upon value, so one of the ways to increase your profit is to communicate your value in a creative, meaningful, or practical way. Value is due in part to time and therefore efficiency. Value, profit, and efficiency are all tied together, so by strengthening one, you inadvertently strengthen all three. “It's important for agencies, especially smaller ones, to understand that profit is based on value.” Change your mindset. Many agencies view themselves as service providers when in fact, they are media companies. Because they view themselves in this way, they often fall into the trap of validating themselves through busy work. To avoid this, agencies need to shift their mindset to one that shows that they are media companies, and that profit is a way to better serve their clients due to the high value they as an agency produce. “You need to shift your thinking from just being a service to seeing yourself as a media company.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:05] Bob opens this week's episode with a chat about how the meaning of phrases or words change over time due to new societal context. [3:00] Brad talks about the importance of having a holistic and balanced life and how work can, “disconnect us from who we are”. [3:24] Ken says that, “there's no such thing as business life and personal life.” but we often separate the two mentally. [7:09] Bob asks the guys about their thoughts, and predictions for 2023 and any goals or changes they'll be making in their businesses. [7:34] Brad talks about some of his new focuses for his business in 2023. “We are focusing a lot more on new business development, looking at our processes and services and really challenging what we do, making sure that our clients get the best value, but also that we are competitive, really offering value where our customers can't find that easily, and looking at our current customers and trying to figure out how do we serve them better?” [8:24] Brad dives more into serving his current customers better and his ideas on how to do that. “We are shifting our models, diving into our sales data to understand where our key profit centers are, and trying to package a little bit more of our services in a way that is more better clarity. We've hired somebody to kind of spearhead that, a Director of Client partnership, and just really understanding, you know, where our sweet spots are trying to dive into that further.” [9:43] Ken talks about an analogy he uses to identify and create replicable things to sell. [11:01] Brad mentions the importance of recognizing, “processes run your business and people run the processes”. [11:52] Ken discusses his thoughts for 2023 regarding the importance of profit and how that enables you to serve your clients. “A lot of people associate profit with greed. And if I have a high profit, my clients won't be happy. That is a common misconception; it's the exact opposite.” [12:59] Ken says that, “10% profit margin margin is not enough to run the business. Any MBA will tell you and the standard is around 30%.” [15:00] Ken elaborates more on profit and its relationship with efficiency and value. It's important for agencies, especially smaller ones, to understand that profit is based on value…Agencies tend to validate themselves with busy work more often than other businesses…Unhealthy, non profitable, low profit businesses don't help anybody, not the people that work for them, not the people that own them, not the people they serve.” [18:27] Bob talks about changing our mindset and beliefs of profit to one that allows you to, “learn how to charge more and realize I'm going to be able to serve my clients.” [20:30] Brad applies the adage, “when you shoot for the stars, at least you'll land on the moon,” to setting goals for and dreaming about your business. [21:51] Ken talks about the role of your inputs and how that impacts your ability to shoot for the stars. “Whatever star you're hitting, is probably in line with the inputs that you have.” [22:22] Ken asks a few questions that all agencies should be asking themselves in order to prompt a mindset change that will help them to begin to pursue their big goals. [27:10] Brad discusses the importance of presenting value in a creative way or a way that makes sense, and uses an example from his business recently to demonstrate its importance. [29:37] Bob breaks down his thoughts and predictions for 2023 including technology's advancement, smaller agency sizes, and understanding your business' attribution, and how these things will impact agencies and what agencies of the future will look like. [33:58] Bob also talks about blockchain being integrated into marketing, data integrity, investing in technology, the commoditization of services, and changing your mindset of being a service to being a media company. “You need to shift your thinking from just being a service to seeing yourself as a media company. Some of that might be print, some of it might be intellectual. But 90% of what we do is we create media.” [38:41] Ken summarizes this episode with three key points for agencies to focus on. “Focus on profit, focus on efficiency, focus on value.” [38:48] Brad wraps up by saying, “If you guys have any questions, or if you guys are doing things this year in your business, reach out to us.”
Subtitle: How to write a book. So many want to, so few do. Though it might seem lofty, unrealistic, or daunting, you CAN write a book. Everyone in our world has a different experience and perspective and something unique to say; the challenge is putting it into book form. In the last episode, we dove into Bob Hutchins and Jenny Black's book, Our Digital Soul, breaking down the solution to media trauma and collective anxiety. In today's episode, we continue our three part discussion of Bob's book, but we focus more on the behind the scenes of how to write a book as well as the processes and some practical tips. We highly encourage you to check out Bob and Jenny's book on Amazon or ourdigitalsoul.com and let us know your thoughts or questions in the comments below. Summary: In this episode, we continue to discuss Bob Hutchins and Jenny Black's book, Our Digital Soul. In our last episode, we talked about how to heal and be part of the solution to the collective anxiety and media trauma we as a society have endured and continue to bear. If you haven't yet, please go check out the previous two episodes to get the full scoop of our three part series breaking down Bob and Jenny's book. This episode is different from the past two because instead of breaking down the content of Bob's book, instead, we dive into the processes involved in writing a book. Bob talks about his motivation behind writing this book and his previous three as well as the role writing has played in his business and life. He also talks about his process behind picking a topic, doing research on it, and deciding if it is something the public is interested in. Bob discusses the opportunities he's had because of his book as well as his top tips and advice for anyone thinking about writing a book. He also talks about the importance of writing everyday, finding your unique perspective, and making your book authentically you. If you enjoyed today's episode and feel curious about media trauma and how to heal, don't forget to purchase Bob Hutchins' and Jenny Black's book, Our Digital Soul: Collective Anxiety, Media Trauma and a Path Toward Recovery. Top 3 Curtain Pulls in this episode: Write everyday. Whether it's a journal, notes of things you learned, or simply an idea you thought of, it makes a huge difference to write something everyday. These writings don't have to be groundbreaking ideas, just little snippets that you can reflect on later that can help you when in the process of writing a book. “I'm just writing everyday.” Find your unique perspective. This may sound cliche, but everyone in this world has their own perspective and something to say. Find what you're passionate about and talk to people about it to see if there seems to be a public interest in it. Do your research and see if and what other authors have written about the topic. Don't get discouraged by what you may find, keep an open mind and continue writing and researching. “My test is always, when you talk to people about it, does it resonate, do their eyes light up and say, ‘Oh, I've never thought about it that way.'” Make it book authentically yours. Don't retell someone else's story or filter your passion or perspective through someone else's lens. Even if you think your book is the most boring book on the face of this earth, it will resonate with and impact someone because true connection happens through authenticity and honesty. Tell the story you want from your unique, authentic perspective. “The most important number one most important thing is make sure it's authentically yours.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens this episode with a chat about old tv shows, inflation, and how the [6:34] Brad says, “the thought of writing a book is very daunting to me. So I would love to break down some myths of writing a book… I'd like to get to the heart of like, your motivation for book writing,” [7:31] Bob talks about his love of writing and how he's built his business and marketing on content and how those things helped him become familiar with and comfortable with the idea of writing. [9:49] Bob discusses the importance of identifying your reasoning behind why you want to write. “Depending on what your reasoning for writing is, also should drive how it's done.” [12:10] Bob talks about his motivation for writing this book and his overall motivation to write. “The motivation was certainly thought leadership. And so that's a lot of my drive is thinking deeply about things and having a voice in the environments that I found that I find myself in my career.” [13:05] Ken asks Bob, “what was your process like in just deciding your topics?” [14:09] Bob says that there isn't just one way to write a book and that one of the most important things is to just write something everyday. He also talks about the way he identifies if his topic is interesting to the outside world and would make a good book. [17:53] Brad asks Bob, “How do you figure out if your book is unique? What's the process?” [18:38] Bob talks about the importance of research, outlining ideas, and identifying the target demographic. [21:22] Brad asks Bob, “what kind of things does your book allow you to do that you maybe wouldn't have been able to do?” [23:37] Ken talks about how in any type of business and marketing, “you have to have a formula for success.” [29:02] Ken mentions that one of the values of writing quality content is that it can be used to write a book. He also talks about his secret to writing effective articles and blog posts. [34:40] Bob breaks down the most important thing to remember when writing a book. “The most important number one most important thing is make sure it's authentically yours.” [36:11] Brad asks Bob what the cost would be to write a book. [37:13] Bob says that the price depends on what you're looking for but it could be between a few thousand dollars to twenty thousand. [39:49] Ken asks Bob if he writes the title first or last and if he recommends finding a publisher or not. [47:04] Bob closes today's episode by telling the listeners that they can find his book on Amazon. “It's called “Our Digital Soul: Collective Anxiety, Media Trauma, and a Path toward Recovery. You can just Google my name or Jenny black, my co author or just Our Digital Soul.”
Subtitle: Being human in a digital world. It's no secret that our society has become a digital one; almost everything we do is online or involves the internet. In the last episode, we dove into Bob Hutchins and Jenny Black's book, Our Digital Soul, breaking down collective anxiety and media trauma. In today's episode, we continue our discussion of Bob's book, but we focus more on the solutions and ways to reduce media trauma through screen time and how to heal from the influence of technology. We highly encourage you to check out Bob and Jenny's book on Amazon or ourdigitalsoul.com and let us know your thoughts or questions in the comments below. Summary: In this episode, we continue to discuss Bob Hutchins and Jenny Black's book, Our Digital Soul. In our last episode, we talked about what collective anxiety and media trauma are and in this episode, we discuss how to heal as a society and how to remain human in a digital world. In order to remain human, it's important to consider what defines humanity and then apply those aspects to our lives in the digital age. Bob discusses a few of the ways to remain human. The first one is that staying human is about less. Online we have the world at our fingertips. The internet enables you to do so many things online. Another way to stay human is to accept your limitations. Because the internet is so vast and has “all the answers”, it conditions society to believe that we do not have limitations when online. Bob also discusses the importance of coming to terms with the paradox and mysteries of humanity. Our world isn't black and white, yes or no, there's often a lot of gray and maybes. The internet can convince its users that everyone is one way or another and this is false. There are many mysteries to life that we haven't figured out yet, and sometimes there isn't a clear cut answer. We as humans also don't always get what we want, but technology creates the illusion that we can always get what we want due to the lack of limits on technology. As professionals in the technology industry, we are responsible to lead the way and start setting boundaries and being intentional about our marketing and be the start of the solution. You won't want to miss our next episode where we'll break down the process of writing a book. If you feel curious about media trauma or want to be part of the solution, don't forget to purchase Bob Hutchins' and Jenny Black's book, Our Digital Soul: Collective Anxiety, Media Trauma and a Path Toward Recovery. Top 3 Curtain Pulls in this episode: Staying human is about less. We've all been that person who hoarded their halloween candy or had a random collection of rocks. This behavior is unhealthy, yet we allow ourselves to indulge in it when it comes to technology. We as a society are endlessly scrolling, posting, or hoarding our online experiences. We use technology as a tool to escape the limits of our world. Instead of hoarding when it comes to technology, we might exercise discipline and enjoy the social experience online in moderation. “Successful humanity is about making decisions, sticking with them, and moving forward.” Accept your limitations; you can't always get what you want. We are human and we have limitations on what we can do and it's a fact of life that it is impossible to always get what you want. Technology has enabled and conditioned us as a society to believe that because knowledge is so accessible and almost everything is right at our fingertips, we can get whatever we want whenever we want. This is false, and when we ‘return to reality' after being online and we don't get what we want, this can drive us back to technology to continue getting the bursts of dopamine. It's also important to remember that creating beautiful things takes time and effort, it's not going to be instant or easy and we will make mistakes along the way. “All of the things in the real world take time; it takes accepting our limitations in order to create something beautiful.” Come to terms with the paradox and mysteries of humanity. Though the internet almost always has the answers, recipes, or news you are looking for, there are things that it will never understand. There's only so much that programming and social media can convey. Nothing is ever just black or white; there is more middle ground than the internet may lead you to believe. Humanity is complex, and it can't be defined or simplified by technology. “When you're in a digital space. Everything is divided into either or categories. In real life, you're a mix of things. Online, you're actively creating an identity that begins to define you in society. Then it begins to define society, and when the digital definition becomes your primary identity, you will miss out on innumerable human facets of who you are that a program can't translate or compute.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this episode by introducing the topic, part two of Our Digital Soul by Jenny black and Bob Hutchins. [2:37] Brad talks about how in the previous episode, they discussed the challenges posed to us through social media and screens, and he asks Bob to unpack the solutions and the ways we as a society can heal. [5:22] Bob begins a discussion about some of the solutions or methods we can use and act on to limit our time on technology and the resulting trauma. “The first one is: Staying human is about less.” “Successful humanity is about making decisions, sticking with them, and moving forward. We look at a person who hoards and we go, that's really unhealthy. We kind of do that in the digital world, we hoard our options. We're endlessly scrolling, we hoard our experiences, because we want to escape from the limits of human existence.” [8:25] Ken talks about the importance of exercising the discipline muscle because, “once it's gone, it's really hard to get back, and it's so critical in life.” [9:41] Brad talks about how he's noticed that often he will use his phone as a way to fill dead space and prevent boredom. “Why do I feel the need to pick up my phone? When there's a dead space? Why can't I just allow this space to happen? And be okay with not having to entertain my mind right now?” [10:23] Bob discusses the fact that, “boredom is our brain processing”. [11:29] Ken adds that your subconscious does process things through sleeping or just when your conscious is not focused or actively doing something. [12:42] Bob reads a segment from his book and talks about two other ways to remain human in the digital world, “the second one is staying human means accepting limitations. All of the things that in the real world take time, it takes accepting our limitations in order to create something beautiful.”... “Staying human means coming to terms with the mystery and paradox of humanity.” [17:05] Brad mentions the idea that remaining human in this digital space is not only about what you consume but also how you present yourself. [20:27] Ken discusses the adage, “with great power comes great responsibility.” and how it applies to technology. [25:47] Bob reads a section of his book and breaks down the idea that “Staying human also means you don't always get what you want.” and how technology has conditioned our society to believe that we can have whatever we want whenever we want because there are no boundaries to what we can do with technology. [32:04] Bob talks about how each of his three kids have grown up in different eras of technology and how it has impacted each of their lives individually. He also talks about some of the rules he and his family have to help them remain human and reduce the time they spend on screens. [43:15] Ken asks, “As professionals in this industry, what can we do? To not help hurt the situation, but improve the situation? How do we put boundaries on what we do to be part of the solution and not the problem and still do business?” [43:58] Bob discusses the importance of giving a genuine experience to your customers that is human and natural that doesn't exploit their weaknesses through technology. [45:35] Ken entertains the idea of, “Putting reasonable limits on the unlimited. Put even limits on E commerce. I was thinking in my head, like, what if we shut down websites at 9pm? Like should websites close?” [49:40] Bob wraps up by informing listeners that they can purchase Our Digital Soul on Amazon for fifteen dollars. “We're the number one release in the psychology section for about a week and a half. It's called Our Digital Soul: Collective Anxiety, Media Trauma and a Path Toward Recovery. You can go to our digital soul.com If you want to know more, or you can just search it up on Amazon.”
Subtitle: Media trauma. Sounds scary… but (our own) Bob Hutchins and Jenny Black's new book, Our Digital Soul helps to, “guide you through the overwhelming maze of modern life to the life you really want, as it takes a hard look at the impacts of digital media and the trauma that results for all ages and every generation. Backed by research and experience, Black and Hutchins share their own personal journeys as well as those of their clients to explore a path where we can recover and thrive alongside our digital reality.” We dive deep on Bob's new book, trauma bonds, technology, social media, small-t trauma, and more on this insightful episode. Summary: What is media trauma? In order to understand what media trauma is, we first need to acknowledge that all technology is an extension of us. Because of this it impacts and changes who we are physiologically, psychologically, emotionally, and as a community. The magnitude of this impact is partially due to the imbalance of our brains and our technology. While our technology has continued to advance, our brains have stayed the same. This imbalance can lead to overwhelming amounts of small-t traumas. Small t-traumas are things such as a breakup, the death of a pet, losing a job, getting bullied, or being rejected by a friend group. These social small t-traumas happen even more online, that compound upon each other, causing media trauma. All trauma is created through trauma bonds and trauma bonds are defined as “emotional bonds with an individual that arise from a recurring cyclical pattern of abuse, perpetuated by intermittent reinforcement through rewards and punishment.” If we changed the word “individual” into “technology” would that statement not define our relationship with technology? In order to heal from media trauma, we must become aware of it, educate ourselves and others on the magnitude of media trauma, and begin to exercise self discipline. We will dive even further into Bob Hutchins and Jenny Black's book, Our Digital Soul in the next episode; you definitely won't want to miss it! We also highly encourage you to check out their book on Amazon or ourdigitalsoul.com and let us know your thoughts or questions in the comments below. Top 3 Curtain Pulls in this episode: All technology is an extension of us. Though technology can be a very broad term it could include things that are considered commonplace along with computer and internet based inventions. Consider this; an airplane is an extension of our feet and a shovel is an extension of our arms. With this kind of perspective, computers could be considered extensions of our brain and the internet an extension of our nervous system. This understanding helps lay the foundation for comprehending media trauma and the magnitude of its impact. “If it's an extension of us, then it fundamentally changes us. Physiologically, psychologically, and as communities…” We have godlike technology. Bob has mentioned this quote before, “The problem with humanity is we have Paleolithic brains, medieval institutions and godlike technology”. Due to this unique combination, this can lead to overwhelming amounts of small-t traumas because of the imbalance between us and our technology. Media trauma is real. We've all experienced feeling left out, and this feeling along with others is magnified and multiplied by social media, creating repeating small-t traumas that compound upon one another. Bob defines trauma bonds as relating to an abusive relationship with a spouse, and changes “someone” into “technology”, as a stark description of our relationship with technology. He doesn't make this comparison lightly. “Trauma bonds, or emotional bonds, with a device or a technology that arise from recurring cyclical patterns of abuse, perpetuated by inner intermittent reinforcement, through rewards and punishment.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens this week's episode with a chat about what the guys have been up to recently. [5:47] Bob talks about his book that was just released, “Our digital soul: collective anxiety, media trauma and a path toward recovery”. [8:47] Bob begins a discussion about technology and its impact on society and says that, “good marketing is Psychology and math.” “it's getting people to respond and engage and then measuring and scaling it”. [16:06] Bob talks about the difference between video games and cell phone time/social media/work and how they impact your brain differently. [17:16] Bob breaks down how all technology is simply an extension of us as humans. “Every new technology is an extension of us. if you think of the wheel, it was an extension of our feet, right? We have to frame it that way, versus it's just a tool, and it's separate from me, no technology is ever separate from us…If it's an extension of us, then it fundamentally changes us. Physiologically, psychologically, and as communities… What is the computer and the cell phone an extension of? It's an extension of our brains. So what then is the internet? It's a further extension of our brains, and I would argue it's an extension of our nervous systems.” [21:57] Brad adds that it can often be very easy to be overwhelmed with the high amounts of information with emotional ties that enter our brain every day. [23:06] Bob talks about a quote from a biologist, EO Wilson, “the problem with humanity's we have Paleolithic brains, medieval institutions and godlike technology.”, adding that, “you can't plug a Paleolithic brain and expect it to keep up with godlike technology.” [24:25] Brad asks Bob if he believes that AI will be able to regulate the amount of information and stimulation we receive to healthier levels. [26:54] Bob defines media trauma, “small-t” traumas, and dives into some of the side effects (or “small-t's”) of screen life. “We define media trauma as experiences through media, and personal devices that hinder or harm our capacity to be mentally whole.” [32:22] Ken discusses how according to Dr. Andrew Huberman, “the frequency of dopamine hits that we get daily is the number one societal problem because because they're their weight, they're way more frequent than they ever have been in history.” [34:29] Bob dives deep into an explanation of his and Jenny Black's book, discussing how the internet compounds small-t traumas, three of the five symptoms that indicate that you have media trauma, and breaks down trauma bonds. “That's something called a trauma bond. Now I want to read the definition, and then I'm going to change one word. Trauma bonds are emotional bonds with an individual that arise from a recurring cyclical pattern of abuse, perpetuated by intermittent reinforcement through rewards and punishment. But let me change one word. Trauma bonds, or emotional bonds, with a device or a technology that arise from recurring cyclical patterns of abuse, perpetuated by inner intermittent reinforcement, through rewards and punishment.” [42:58] Ken asks whether we as a society can exercise our discipline muscle now that we know the true impact of technology on our lives. [44:36] Bob talks about the importance of self awareness, education, and collective intervention in order to, “retrofit this crazy godlike technology to our paleolithic brains.” [48:03] Ken asks what the audience should take away from this, and why should they read this book? [49:09] Bob says that, “mental health and wellness professionals. We want to get it in the hands of all of them. So hopefully it's accessible to everyone. But it is chock full of studies and data and information that could make an impact.” [49:58] Bob says that you can buy Our Digital Soul on amazon.com or at ourdigitalsoul.com. [50:29] Bob talks about some of the topics for the next episode. “What are some things that you can do to heal? What are you addicted to? One of the indicators is, what's the first thing that comes to your mind when you open your eyes in the morning you wake up?”
Subtitle: The goal of all businesses is to make profit, and that's only possible if you're able to consistently close business at a profitable rate. So the question is, how do you close more contracts? In today's episode, we break down the process of funneling clients, and some key steps to produce the most success and increase your close rate. We talk about investing, communication, Mark Cuban, money, and more on this week's episode! Summary: On today's episode we explore strategies to close more business. In order to figure out how to increase your closing rate, first you have to analyze how you get clients there and how your funnel works. Once you've identified the steps and processes your business uses to close contracts and work with clients, then you can work on improving your processes and systems. In the inquiry phase, the top of the funnel, we've learned through our experience that asking questions is key to moving forward with clients. Some of the most helpful questions that you can ask are “Why now?, Why us?, and What would a successful project or result look like for you?”. These questions can help you identify the timeline, scope, and budget of the project as well as set clear expectations. We've also learned that having the client make a small investment with your business is key. This investment should ultimately leave them with a high amount of valuable information about their company and what all needs to be done to reach their goals for the project. This can help eliminate competition and give you a real sense of the project as well as give the client confidence to move forward with the project. The key in all of these things is communication. Oftentimes in life, people are disappointed because of unrealistic or unmet expectations. In order to prevent this disappointment and conflict, communication is vital. Be honest with what your company needs to uphold your standards of work as well as who you are and what you are able to do. It all boils down to money and if they feel like they are receiving a high quality product. In the end, money isn't what we care about, it's what that money can buy or do for us. Top 3 Curtain Pulls in this episode: Ask the ‘why' questions. When businesses are in the inquiry phase, it's important to gather information about the client and their company, the project they want done, the scope, their budget, and the timeline. Three excellent questions to ask to fully understand these details are the “why questions”. “ Why now? Why us? What would the things be that make it a win?” These questions can help your business move forward with clear direction. Build in a “small investment” step. One step in the closing process that has helped Ken and his business boost their closing rate is the “small investment” step. This step allows clients to feel like they are investing a small amount of money to understand the problem they need to solve as well as the ways it can be solved. It eliminates the risk factor, and if done correctly, can eliminate your competitors, increasing your close rate. “It allows them to test the waters with you at very low cost.” Communicate expectations and capabilities clearly. One of the most important skills in all business and in life in general is communication. Without communication, people can feel disconnected, excluded, out of the loop, shocked, and even angry. Lack of communication causes problems and can lose clients. Not only is communication with the client important, but so is communication with your team. Communication sets realistic goals and expectations and creates a healthy business relationship. “The key is to communicate to your potential client, this is who we are.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:47] Ken open's this week's episode by wishing Bob a happy birthday. [3:31] Ken begins a discussion about this week's topic, sales, and how to improve your closing rate. “What are the logical stages that we go through that we want to track step to step?” [4:36] Ken begins to break down the stages that his business, Metacake, goes through, starting at the beginning with initial inquiry. “We have some sort of initial call where we qualify them.” [5:05] Ken discusses the three main questions he asks during the initial inquiry and how it helps him to understand the company and the potential project. “Why now? Why us? What would the things be that make it a win?” [10:43] Bob talks about the importance of managing expectations. [14:07] Ken discusses the three main factors of a project and talks about a key psychology tactic that has helped his business boost their closing percentage. “In our philosophy there are like three factors to a project. They're timeline, scope, and budget we've adjusted our pipeline a little bit, and one of the things that has helped us close the most is like putting into place some sort of small, very low cost, essentially strategy product that allows the clients to test the waters with you at very low cost.” [20:07] Ken says that inserting this step, “develops trust, which builds in ownership to the solution. Also you kind of eliminate competition most of the time.” [28:20] Ken talks about his goal with this product was to create a clear deliverable product that benefits the client, impresses them, and allows them to see what they actually need and how his business can deliver. [32:00] Ken discusses how helping the client visualize the solution to their problem has a magical effect; it helps them feel confident moving forward. [34:25] Ken talks about how often price is thought of as equal to quality (higher price means higher quality), and because of this assumption, many people are willing to and even happy to pay a higher price. He also adds that, “no one really cares about money. We think we do, but we really care about the results of the money.” [38:02] Brad makes the point that he and his team feel more at peace about certain projects when they know that they're being paid enough to uphold their high standard. “We're happier internally when we know we have enough.” [39:50] Ken adds on and says, “for projects where we haven't gotten paid enough, no one's happy.” [42:11] Brad analyzes the common belief that abundance means overpaid and how that isn't true. “Abundance is enough.” [43:30] Bob talks about a way to communicate your financial needs in a way that is about serving the client and upholding the company's standard. [46:44] Brad closes by talking about Mark Cuban and his pharmaceutical business and how, “Mark knows his lane. He knows exactly what that business is going to be. The key is to communicate to your potential client, this is who we are.”
Subtitle: We've all waited in line for long periods of time, either by choice or necessity. As businesses, we want to be the business consumers choose to wait in line for, but be aware of what people pay for. It's all about time, gaining more time, achieving something faster, and enjoying the time they spend. To that end, every business is in the time maximization business. On today's episode, we break down the importance of time, time management, customer service, being proactive, pursuing purpose and meaning, and more on this week's episode! Summary: On today's episode, Brad discusses a negative experience he had recently with the healthcare industry and how that's helped him view customer service and time differently. One of the major lessons all businesses should take from Brad's experience is customer service. No one likes waiting, and time is everyone's most valuable asset. This is why customer service is so crucial. It's also important to remember that your clients are, in a sense, your boss; you wouldn't want to be disrespectful to or offend your boss. Because time is your most valuable asset, it's important to manage it well. Whether it's by blocking out chunks of your day on your calendar, having a checklist, or some other plan, figure out what works best for you to manage your time. Don't waste your time; it's limited and you can't earn it back. This is way easier said than done, so one way to manage your time well is to not get sucked into reacting to and putting out the daily fires. Take a moment to assess the situation and then decide the level of urgency and if it's an emergency and then go from there. Maybe have a time of day when you answer any of your team's questions and understand the day's squeaky wheels. Remember to pursue purpose and meaning over success and passion; those will come in time. In conclusion, maximizing your time and your customers' time is the key to becoming the line they want and choose to wait in. Top 3 Curtain Pulls in this episode: Customer service is a priority. Brad's experience with the healthcare industry has many valuable lessons for all businesses to take away. One of the top lessons is that when customer service is overlooked, it can result in stressed employees, frustrated customers, and a loss of business. Although there are differences between a doctor's office and an agency, this principle applies everywhere. Your clients are in some ways, your boss; treating them well is a priority. “If every business ran the way a health care hospital or doctor's office runs, most businesses will be out of business.” Time is your most valuable resource; manage it well. Although everything in the world may be screaming at you to earn money, or achieve success and fame, the one asset that cannot be earned and is often misspent every day is time. The reality is, our time on this earth is limited, so how do we want to spend it? Time management is one of the most important skills a person can ever develop, and it is crucial for agency owners. Don't make the mistake of underestimating the value of time and time management. “Of all the resources, time is the only one you can't get back.” Be the thermostat, not the thermometer. As we all know, time management is important, and most people have methods of planning and staying on top of their schedules and tasks, but we all have a million things that pop up every day that demand our attention. When this happens, it's important to do a quick assessment of the situation and determine if it's a real emergency. Be proactive and prepared to deal with these situations and determine how you and your team need to spend your time, otherwise you'll spend all your time being a firefighter. “Be the thermostat, not the thermometer.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this week's episode with a discussion about production. [2:48] Bob introduces the topic for this episode, time management and lessons to learn from the healthcare industry. [3:16] Brad talks about productivity and how he spends his time along with his struggles with time management. [6:47] Brad breaks down his recent experience with the healthcare industry and launches a discussion about the lessons all businesses should take from this experience. “There are two things that will bring people back to their health care providers. Number one is empathy, and number two is time.” [9:17] Ken says that, “if every business ran the way a health care hospital or doctor's office runs, most businesses will be out of business.” [11:11] Brad elaborates on his challenges with his recent experience and talks about his empathy for the dentist as well as his shared struggles. “I struggle with the same thing. I struggle with trying to run a business and also making sure our clients are satisfied and feeling like they're serviced.” [12:52] Bob talks about some of the lessons to be learned from this experience as well as the shift the healthcare industry is having and the allowances that need to be made because of this shift. [17:17] Ken talks about the value of time and how it is often overlooked as the most valuable resource. [18:37] Ken says that it's important to recognize your superpower and to leverage it so that people would want and choose to wait in line for you and your business. [23:03] Ken talks about the three things a business can do to earn other people's time. “If you can determine what the problem is, be really really good at solving that problem, and become famous for that problem, you can have a line out your door.” [27:20] Brad discusses how this experience has impacted how he views customer service and interactions. [28:37] Brad asks the guys how they manage their time and avoid getting sucked into putting out fires all day. [29:05] Bob talks about how he uses task lists to motivate him and manage his time [32:29] Ken says that he is in between Brad and Bob and that he believes, “no matter what your personality is, in order to get something done, you need to focus on it. In order to focus, you need to develop the discipline muscle to not chase squeaky wheels. I do this with my customer in mind. I look at it as, okay, I'm going to decide if this is an emergency or not, not you. In order to have a successful, peaceful, well balanced agency or any service business, you need to take ownership of what you're going to do and when.” [34:04] Bob summarizes Ken's thoughts on how he manages his time. “Be the thermostat, not the thermometer.” [34:08] Ken talks about the importance of recognizing the process when measuring success by results. “You have to have the awareness of not just measuring success by the result, because the result may not be there.” [40:01] Bob discusses the book, “The War of Art” by Steven Pressfield and how it relates to this discussion of productivity and time management in the business world. [43:30] Bob wraps up by talking about the importance of pursuing purpose in order to find happiness, passion, and hopefully success. “Do not pursue success, but actually follow purpose. Don't pursue happiness, pursue purpose, and when you and when you pursue and are involved in purpose and meaning, passion will ensue.”
Subtitle: *jeopardy countdown plays* “Which work environment is best: remote, in-office, or hybrid?” The answer to this question depends on what your goals, growth projections, team size, and personality are. There are pros and cons to all of these methods, and we unpack each of them as well as subleasing, mental health, office dogs, and more in this week's episode! Summary: On this week's episode, we talk about the pros and cons of remote, in office, and hybrid work. Remote working makes it possible for your employees to have a flexible schedule, travel, and prioritize time with family and friends. In office working provides human connection, team camaraderie, and the potential for higher productivity. Hybrid work environments are a mix of both of these; a happy medium. Any of these methods could work well for your agency, but hybrid seems to be the most optimal. We dive deep on what elements are important to have in an office to create a healthy place where your employees can grow and thrive creatively while being productive. We also explore what the workforce will look like and want in five years as well as the importance of having a holistic perspective for your business. All of these things depend on the goals you have for your business, the size of your team, your personality, and your dreams and desires. Top 3 Curtain Pulls in this episode: Hybrid offers flexibility and human connection. There are many pros and cons to remote and in office work environments. The beauty of a hybrid workplace is that it combines the positive traits of both of the other methods. Human connection and flexible schedules are important for mental health, and a mentally healthy employee is a happy, productive, and creative employee. While hybrid offers a happy medium, any of these methods could work for you and your business; that's the beauty of running your own agency! “The hybrid model seems to be the most optimal of all the studies. You can get that team creativity and workflow and face to face, which is really important, but you also get the freedom.” Future growth and goals for the business as well as team size and personalities impact what work environment would work best for you and your agency. If you are extroverted like Brad, quarantine may have been a challenge and had a negative impact on you and your work. Others who are introverted thrived during quarantine and work best remotely. The future goals for your business, the size of your team, and the personalities of your employees influence what kind of work would be best for your business. “Five years down the road, you have to move into offices. You may stay partially remote, maybe not, you never know. What kind of stuff would you need for sure at that office for your employees to thrive there?” Have a holistic view of your business. Due to the pandemic, the business world has become more aware of the importance of creating a healthy work environment where employees can thrive and grow creatively while being productive. It's important to take these elements into consideration when deciding what works best for your business. “I think in order to make a really good, creative, productive, healthy environment, we as business owners have to think beyond just the square footage, desks, and computers.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:42] Ken opens this week's episode by chatting with the guys about the interview with Rogan and Zuckerburg, technology, social media, and mental health. [5:08] Ken talks about how humans struggle with addictions to technology and how wisdom and restraint will become increasingly necessary as technology advances. [10:20] Bob discusses how there are many different ways to run your business as a result of the pandemic. “It's an interesting time, because while there's so many agency owners that have gotten rid of office space altogether, there's some that are going back to the office. And most are doing some sort of hybrid. There's pros and cons to all of those.” [13:38] Ken talks about the net positive and net negative effects of hybrid and remote work. He also discusses convenience and how often, “as you grow, you learn that convenience is not necessarily serving you.” [16:35] Bob discusses some of the benefits of a hybrid work environment. “The hybrid model seems to be the most optimal of all the studies. You can get that team creativity and workflow and face to face, which is really important, but you also get the freedom.” [18:00] Bob says that the best work environment depends on your desires, personality, and management style. [21:25] Brad asks the guys, “Five years down the road, you have to move into offices. You may stay partially remote, maybe not, you never know. What kind of stuff would you need for sure at that office for your employees to thrive there?” [22:48] Bob answers Brad's question and discusses the importance of team size, growth projections, and what the goal of the space is. [24:42] Brad talks about the possibility of purchasing extra office space and leasing it out until his company needs that space. [27:23] Ken talks about defining the vision and future goals for the business, size and the cost associated with it, and subleasing. [30:04] Brad discusses the benefits of subleasing as well as the idea of purchasing and owning a space. “We could have 60% of the office, and then sublease 40%, which actually helps us subsidize our own fees and rent. I also like that there's people, even if they don't work for us, with different ideas and different backgrounds.” [31:27] Brad talks the guys through a few of the things he's taking into consideration as he plans for his company's new office space. [33:12] Bob asks the guys, “five years from now, what's the workforce going to look like?”, igniting a discussion about what a workplace should look like and how it can become a place your employees want to work. [35:55] Ken elaborates on what he believes is the ideal work space. “Ideally, people come here because that's the best place for them to work. And they deal with some frictions in life, because it's worth it. You've got everything you need to do a really good, productive day of work that you believe is better than in your bedroom. How do we make this the best place in my employees' mind?” [38:54] Bob talks about the importance of taking a more holistic approach to business. [41:35] Ken closes with a chat about office dogs and says that he tells his kids, “If you want a dog, pray that God changes my heart. Because I can't take a dog right now.”
Subtitle: How can you make every project a success? You may be thinking, that's not even possible, but there's one technique that's often overlooked that can do just that. What is that technique you may ask; it's consumer research! We break down what consumer research actually is, some tools you can use to make it more efficient and affordable, and some other general tips and tricks! This is an episode you won't want to miss! Summary: On this week's episode of Agency Exposed, we dive deep into consumer research, its benefits, and some tools you can use to make it more efficient and cost effective. Although consumer research may seem like an outdated method or something that is impractical, it is not these things at all! Today's technology has simply changed the way consumer research is conducted. Consumer research is just as important as it used to be, and it can generate incredible ideas and prevent expensive mistakes. The most important thing when conducting consumer research is to listen to what the customers are saying. Analyze their body language, word choice, and facial expressions to help you understand how they truly feel about a product. In order to use the information you gain from consumer research, you must let go of any biases or opinions about what you or your client believe are the best and listen to what the consumers are saying. “If you're going to spend a million dollars on a campaign, why not spend 10% of that budget to understand if the other 90% is well spent?” Top 3 Curtain Pulls in this episode: Consumer Research is worth it. Focus groups and consumer research is something that you often hear about in business school, but it can seem irrelevant or impractical in today's world. The fact is, its importance hasn't changed, but technology has changed the way it's done. Be aware of ways you can use today's technology to complete consumer research, it's definitely worth it. Better to spend 10% of the budget making sure the other 90% is worth it, than to spend all of the budget on a failing campaign. “Understanding the mind of the target that you're trying to reach and getting to know not just what you think about them or what you read online, but actually speaking with them and getting hard data.” Let go. No, not the famous Frozen song. Let go of any opinions, bias, or other thoughts about a product or brand. Simply let the consumer say what they're going to say. Feedback won't do anything if you only argue for your point. “Don't get too close to your creative, because if you start doing that you will never create something great.” Listen to what the consumer is saying. Not only do you need to let go of your opinions and bias, but you also need to listen to what the consumer is saying verbally and nonverbally. Be aware of their body language, word choice, and any signs of excitement or disappointment. Listen to everything with an open mind. “Hear firsthand from the voice of the customer. Listen to their body language that will tell you 80% of what we're trying to get. It's not always what they say, it's how they say it.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this week's episode and starts a chat about California. [3:05] Bob introduces the topic for this episode, consumer research. “Understanding the mind of the target that you're trying to reach and getting to know not just what you think about them or what you read online, but actually speaking with them and getting hard data.” [3:44] Brad talks about why he believes consumer research is important as well as the value it can bring to any project. [5:40] Brad discusses how consumer research has changed due to the rise of the internet and digital marketing as well as the importance of hearing, “firsthand from the voice of the customer. Listen to their body language that will tell you 80% of what we're trying to get. It's not always what they say, it's how they say it.” [7:15] Bob asks why it's important to put in the extra effort for consumer research when working on campaigns. [7:54] Brad elaborates on the importance of seeing products and brands through the lens of a customer and how it impacts them on a daily basis. “If you're going to spend a million dollars on the campaign, why not spend 10% of that budget to understand if the other 90% is spent well?” [12:27] Ken talks about the hippo effect, as well as the importance of realizing, “most likely you're not necessarily your target customer.” [13:19] Bob discusses another benefit to completing customer research, “it levels the playing field and gets rid of opinions, desires, subjectivity, all the things that can cause road bumps along the way, especially when it comes to creative.” [18:56] Brad talks about the importance of letting go in order for the customer research and feedback to have an impact and ignite change. “Don't get too close to your creative, because if you start doing that you will never create something great.” [19:42] Ken asks, “How much effort do you invest before you do the focus group?” [19:47] Brad discusses some of the challenges when putting together a focus group. [22:09] Ken asks if, “an agency could use a focus group for themselves?” [24:02] Bob asks Brad what tools he uses. [24:08] Brad dives into a tool he uses, userinterviews.com, and all of the unique benefits and features it has. [30:55] Brad offers a few suggestions regarding consumer research through userinterviews.com after breaking down the pricing of this tool. [36:02] Brad talks about a few tips and tricks that have helped him when doing customer research. [38:07] Bob talks about a simple method of consumer research that he has had success with, surveys. [40:59] Bob wraps up this week's episode by, “encouraging everybody to please like, review, or share this podcast!”
Subtitle: What do you think of when you hear the word asset? Most people think of stocks, real estate, or some kind of commodity. While all of those things can be a wise investment, those aren't the type of assets we'll be talking about. Instead, we'll be exploring how to build valuable assets and create investments for and within your business. We'll also talk about verticals, the flywheel concept, business initiatives, AC units, and more on this exciting episode! Summary: In today's episode, we talk about building valuable assets. One way to build a valuable asset is to expand into another vertical. Having a focus and a skilled speciality is important, but it's crucial to look for another vertical where those skills can be marketed. Most agencies already have a valuable asset, knowledge from their experience. This is something that many businesses highly value. Raising your prices, looking over your fixed pricing, and communicating with your clients are a few ways to prepare for the coming year while also retaining your business. Keep an eye out for any opportunities that may come your way, often, the best opportunities come during harsh conditions, so be ready for them. In this episode, we also talk about the flywheel concept. We believe that this concept is a great system that will allow for healthy growth and the creation of assets. Be aware of the state of the economy and ways you can prepare and invest before it's too late. Top 3 Curtain Pulls in this episode: Expand into other verticals. Having a niche and expertise is important, but don't limit yourself too closely otherwise you will eliminate opportunities for growth and diversification for your business. Instead, do some research on verticals you think would be a good fit for your business, and choose a few to expand into. “What are those verticals that maybe you've been considering or thinking about that you can go in and apply the knowledge that you've had success with in other verticals?” Use your knowledge to your advantage. Everyone's heard the saying “Knowledge is power”, and when it comes to agencies, it's also a marketable asset. Take some time to reflect on skills or knowledge your business has obtained and create an asset out of those things. “What is the asset that you're creating? In the agency space, it's knowledge. So then how do you exploit that in a bunch of different places? How do you grow that? How do you protect it?” Look for opportunity. When trying to create an asset or make an investment to benefit your business, keep an open mind. It's important to not look for opportunities through a telescope. Diversification is crucial. Whether you're expanding to a new vertical, starting a new business initiative, or discovering an asset you already have, keep an eye out for opportunities, they often show up during hard times. “This is an opportunity for agencies.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:40] Ken opens this week's episode with a chat about the weather in England and AC. [3:32] Bob asks the guys if they've seen the impact of the economy for their businesses. [3:43] Brad talks about how he's seen a lot of financial preparations for the coming year. [5:20] Ken discusses how he's seen a lower level of consumer spending as well as, “opportunity to grow.” [11:17] Brad talks about the differences between the 2008 era and the state of the economy today. “I think the case right now is that it's gonna be a slow progression of cutting 10% of their fat. And I think that's healthy, because there's always 10% fat you could cut out of your business, and they're just using this as the opportunity to do it.” [12:02] Bob discusses the opportunity to explore other verticals and how to use the knowledge you've acquired as an asset. [14:44] Brad talks about the importance of having a balance of having a, “mix of clients that will sustain themselves when the market changes.” [20:26] Bob discusses the opportunity to revisit the fixed pricing on your contracts to help retain clients during the challenging economic times ahead. [23:41] Bob talks about the wide variety of things most agencies do and the opportunity to pitch them to existing clients. [24:47] Ken asks the guys, “are there any new business initiatives that you guys are launching?” [25:02] Brad talks about his business' new vertical, the trucking industry. [31:36] Ken discusses Metacake's business initiative, Dough Capital as well as some of the niches they have that set them apart and provide opportunities for growth and investment. “Over the last several years, we've put together essentially a capital fund for E commerce companies or direct consumer companies of a certain type. We launched that officially, earlier this year. It's called Dough Capital.” [36:28] Ken breaks down the flywheel concept and how his business uses it. [40:04] Ken talks about how he views agencies, what he believes their assets are, and how an agency can capitalize on their opportunities and assets. “What is the asset that you're creating? In the agency space, it's knowledge. So then how do you exploit that in a bunch of different places? How do you grow that? How do you protect it?” [45:16] Ken concludes this week's episode by asking the listeners, “ Do you have a flywheel in your agency? Do you realize the knowledge and experience that you have the opportunity to create as an asset? And then what are you doing with that?”
Subtitle: In part two of our “content marketing - is it worth it?” discussion, we niche down to some things that agencies can do to help their content become more effective and easier to produce. We talk about corn hole leagues, organic rankings, consistency, Southwest Airlines, and more on this week's sequel episode! Summary: On today's episode, we discuss some tactics and methods that increase the effectiveness of agencies' content marketing. We look at what makes agencies successful in this area. Consistency is the key ingredient. Instead of solely focusing on the leads that you want your content marketing to bring in, consider the online foundation it's building for you and how it can help consumers understand who you are and what your brand is all about. While having a spokesperson isn't always necessary in content marketing, it definitely helps to have a personality. Whether it's portrayed company wide or through one person, having some kind of personality will help build a connection with your audience, especially if your personality lines up with the beliefs behind your brand. One final tip that works no matter what field or type of content you're doing, is to figure out what you want to say, why you want to say it, and your opinion on the topic. Create a unique narrative that draws your audience in. Use your content marketing to express your company's brand, personality, and beliefs. Content marketing can seem hard, but it's something that can build a long lasting foundation for your brand over time. Top 3 Curtain Pulls in this episode: Consistency is key. No matter what your content marketing strategy, personality, or brand are, consistency is the key to success in your content marketing. Instead of thinking of your content marketing as a way to get leads or sales, think of it as a way to build a profile, reputation, and online foundation for your business. In any and all forms of content marketing, consistency is key. “The key to everything is consistency.” Personality builds genuine connection. All humans strive for relationship and connection, but this can be challenging for businesses to do through marketing. One way to make a positive impression is through personality. Evaluate your core values as a company and find a genuine and human way to communicate those to your customers through your content marketing. “People don't connect, and trust just entities, they have to have some sort of connection in order to do that.” Find a unique perspective that people want to listen to. When your business gets to the point where its content marketing seems to be ineffective or bland, it's important to get back to the personality and values of your brand. Rediscover the unique narrative that makes people want to hear what you have to say. Find something that you want to talk about that pertains to your business. “I think you have to have a polarizing perspective and a strong conviction around it to make it connect with people.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:28] Ken opens this week's episode by chatting about creating moats for his business and Brad's cornhole league. [4:51] Bob talks about last week's episode on content marketing and introduces this week's topic, content marketing part two. [5:26] Ken elaborates on the topic and says, “At the end of the day, how can you generate business? A lot of agencies have said that content is a big part of how you do that. It's thought leadership, it's organic traffic. But is that true? Is content for agencies really effective? What do you guys do?” [8:33] Brad talks about the value of case studies and how his agency has used them to help land clients and propose business opportunities. [11:18] Bob discusses the importance of being prepared to play the long game when it comes to content marketing. He also talks about three different personalities and their content marketing strategies. “The one thing they all have in common is that the consistent long game pays off.” [16:43] Ken asks the guys, “Is it worth doing any content as a brand name?”, launching a discussion about the importance of having a personality and a spokesperson. [18:04] Brad talks about Apple and Tesla and how people follow them because of their great products. [18:22] Bob tells a story about an interaction with Southwest and how they've developed an online personality as a brand. “People don't connect, and trust just entities, they have to have some sort of connection in order to do that.” [21:15] Ken discusses the importance of having a profound hook in your content marketing. “A really good strategy is a profound hook. Brands, sometimes are devoid of that, when they're just doing content. And I guess my question is, is it effective?” [23:59] Bob talks about how, “personality is a shortcut to niching.” [28:28] Ken discusses a practical way to find your personal core values and brand and how that can help guide your content marketing. “If you were to take what you do, put that to the side for a second,and then write down your personal slogan in context of what you do . It's interesting, because if you do that exercise of writing down your personal slogan, and then you layer it on top of what your business does, that might give you really good guardrails to start producing some content.” [29:34] Bob talks about another method to doing excellent content marketing, “understanding, the technical side of SEO and organic rankings.” [31:44] Bob reiterates that, “The key to everything is consistency.” [33:36] Brad talks about how, “most of our businesses come from relationships,” and the role that content marketing plays. [34:47] Brad dives deeper into how content marketing impacts the relationships you form with clients and how you're perceived by the internet. “I think your character is really kind of your initial brand.” [37:49] Bob advises Brad, and anyone else who doesn't want to use social media for content marketing, to find a platform where you can be yourself. “Pick a platform and make it an extension of who you are and your personality.” [43:41] Ken closes by saying that differentiating yourself is key, and it can be hard to differentiate yourself through a website alone, so it's important to invest in something that will set you apart.
Subtitle: Content marketing… one of the more controversial topics in the business world. What is it and is it worth doing? The list of questions goes on. On today's episode, we talk about the role content marketing plays in branding as well as PR firms, organic leads, social media, results, moats, and more on this week's episode. Summary: On today's episode we discuss content marketing and its role in branding. Some of the best leads come from organic leads through organic rankings. A way to get organic rankings is through content marketing. Though content marketing won't get you leads overnight, if you can hang in there for the long haul, it can strengthen your brand, get organic leads over time, and provide a long lasting foundation for your online reputation. It's crucial to find a way to measure the success of your content marketing efforts, otherwise the situation is like having a financial advisor who doesn't know which of your investments succeeded. In the end, content marketing isn't all about leads, it's about building a brand that can withstand the trials of time. Top 3 Curtain Pulls in this episode: Branding and content marketing work together; don't try to separate them. Content marketing is the conversation that goes along with the relationship with targeted audience. Branding is building trust and creating an emotional connection with your targeted audience. Both of these tools, if used together, can create a lasting impact on your target audience, setting you apart from the competition. “I think I believe that good branding must include good content marketing, I don't think you can separate the two.” Be in it for the long haul. Content marketing, like many things, will not work overnight or bring immediate results. Often, clients' efforts are directed towards making money today to stay alive for the future. In order to stick with your content marketing and allow it to do what it's supposed to over time, you need to get out of the survival mindset and be patient. Build a brand, via content marketing, that's worth more over time. “The majority of your efforts are to make dollars today, not tomorrow.” Make your results measurable. One of the issues with the way some PR firms and agencies do content marketing is that they do an excellent job creating it but then have no way to measure the results of their efforts. This is frustrating for clients and makes it challenging to understand what's working and what's not. Set clear expectations for what the content marketing should do and then find a way to measure the results to provide insight for your clients. “The value of really good agencies in 2022 and what's going to set you apart from other agencies is complex and accurate attribution.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this week's episode with a chat about the guys' vacations. [7:33] Brad begins a discussion about the topic for this week's episode, content marketing. [10:19] Bob talks about the difference between social media and content marketing which starts a discussion about different ways to do content marketing. “Because there's content marketing. And then there's social media. And sometimes they're the same. And sometimes they're not even close to the same.” [11:03] Bob discusses the important connection between content marketing and branding. “I think I believe that good branding must include good content marketing, I don't think you can separate the two. And in today's age, branding, part of branding is about building trust in your brand, and creating that emotional connection… In today's world, everybody's online, and if you don't have any type of content to connect with, you're not really doing branding, if you're not doing content marketing today.” [13:49] Bob talks about how content can help you get organic leads via organic rankings. [14:38] Brad discusses some of the challenges he deals with when dealing with clients, PR firms, and their content marketing. “I think modern marketing companies are like financial advisors to their clients.” [20:49] Ken talks about how he is, “trying to figure out, is the time I put into content worth it?” [24:04] Ken creates an analogy about how he sees content and its role in marketing. [30:00] Brad talks about how many companies focus on making money today versus making money tomorrow and how that impacts their content marketing. “The majority of your efforts are to make dollars today, not tomorrow.” [33:14] Ken says, “a good brand is the only moat you have.” and content marketing is one of the shovels you can use to dig that moat. [43:04] Bob wraps up with a story that shows the importance of content marketing. “In 2022 It's all about content marketing.”
Subtitle: Are we addicted to the direct response drug? Most are, and the question is how do you get off of it? Today we talk about the path to freedom while also breaking down digital ads, conversion, and direct response. We also talk about branding, survival mindset, ecommerce, lifetime value, storytelling, and more on this week's episode. Summary: On today's episode, we talk about digital marketing, conversions, and branding. We break down some of the challenges we face with each of these and discuss some ways to solve them. Often, people view digital marketing as a way to get more conversions rather than a way to improve and advance their business and brand long term. This is because many marketing leaders have a survival mindset, making it challenging for them to see the bigger picture. In order to thrive in the future, you have to prepare for it, something you can not do in the survival mindset. When you convince your clients to get out of this mindset and pursue long term strategies, they can begin to view their branding as a way to create more leads rather than the soul and values of the business. In order to create an effective brand, the business must believe in it and the things it stands for. Once the brand is effective and built, the client can focus on making digital ads and conversions. When direct response begins to fail, it's important to get back to the basics. What is an ad and what makes marketing work? How can I apply these principles to other tactics to create a compelling ad? Once you remember what marketing is all about, then you can create new tactics with persuasive storytelling. There's a process to all of this, and mindset, belief, and patience are key. Top 3 Curtain Pulls in this episode: Break out of the survival mindset. When agencies and businesses start up, they live in survival mode for the first few years. They do this because if they don't focus on the present, they won't live to see the future. Many of today's marketing execs have this same mindset, creating a host of problems. They want instant conversions, not a long run plan. In order to thrive in the future, you have to plan for it and build a foundation. You can't do that in survival mode. “If you're in a startup, or survival stage, you need to get immediate sales. But it's like every brand is operating in that mentality.” Believe in the brand. Brand is a key component to thriving in the future. But in order to build a brand, you have to believe in the values of the brand. Without belief, conviction, and passion, the brand is simply a shell of what it could be. “Every client I've worked with just cares about that lead, even if they tell you, “That sounds good. We want to brand our company.”, they don't understand. They just want a brand so that they get immediate responses.” Remember what works. In digital marketing, sometimes direct response doesn't convert. With the changes coming to the marketing world, it's important to know the art of advertising. Keep an open mind and have a curious attitude that's ready to learn and remember. “ When direct response is not working the way it was, we have to get back to what is it actually doing in the first place and how do we do that?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:04] Bob begins discussing this week's topic, digital ads and conversion. [2:20] Brad talks about some of the challenges with digital marketing. “In the end, they judge you on how many leads that were converted right away.” [3:08] Ken asks why clients seem to care only about the present rather than the future, launching a discussion about the internet and instant conversions. [4:26] Brad begins a conversation about branding and thought leadership. “Every client I've worked with just cares about that lead, even if they tell you, “That sounds good. We want to brand our company.”, they don't understand. They just want a brand so that they get immediate responses.” [7:13] Ken talks about the survival mentality most marketing leads have and how that contributes to the lack of a long term mindset. “If you're in a startup, or survival stage, you need to get immediate sales. But it's like every brand is operating in that mentality.” [9:24] Ken dives into the role ecommerce has played in the survival mentality and how immediate sales are addictive but leave no room for long term thinking. [11:28] Ken talks about one of the biggest problems he sees in ecommerce. “No one looks at profit until it's too late.” [16:03] Bob discusses three ways to make branding a strategy for your clients rather than just something that is important or good for the business. [20:36] Ken talks about the importance of understanding and using the business model and lifetime value. [22:03] Brad discusses one of the challenges his business faces when pitching the importance of branding. “The challenge with the size of the agencies that we deal with is that the marketing group works for the sales group.” [25:05] Ken talks about the importance of defining what you mean by ‘brand' and the importance of believing in the brand. “If the CEO doesn't believe in it, then I think there's a fundamental problem at the business level.” [28:29] Brad talks about testing branding and how that's changed throughout the years. [31:33] Bob discusses how he believes that the business world will go back to some of the older marketing tactics and methods to some degree. [33:22] Ken talks about the goal of all marketing: recall. “I don't think we realize what's happening when we're doing direct response, especially in digital marketing. We're substituting the recall ability. The ad for impressions.” [35:20] Bob discusses how the loss of excellent storytelling and creative have impacted digital marketing. He also breaks down the lie that, “people's attention spans have gone down to a few seconds and people swipe. You've got to convert them and get their attention in that.” [37:57] Ken wraps up by talking about the importance of remembering the marketing that worked when the shortcuts fail. “ When direct response is not working the way it was, we have to get back to what is it actually doing in the first place and how do we do that?”
Subtitle: Today we break down various ways we deal with stress and the positive impact challenges they have on our physical, emotional, mental, and spiritual states. Stress isn't bad. It's the only way you can grow. But if you don't frame it correctly, that won't happen. Exercise, journaling, meditation, drinking water, and finding a creative outlet are all ways you can improve your ability to get the benefits of stress. We discuss all of these topics as well as failure, circumstances, anxiety, balance, and more on this week's episode! Summary: On today's episode, we dive deep on the ways we manage the stress and anxiety that comes with owning an agency. One of the best ways to view stressful situations from a different perspective is to exercise, and then approach the scenario. The endorphins that are released when you exercise help reset your mind and provide a more positive and clear position. It's important to nourish yourself physically, mentally, emotionally, and spiritually while also releasing any stress in a healthy way. One of the main things that causes stress and anxiety in the workplace is the fear of failure. Often failure brings pain and shame, two things that no one ever wants. Although failure can be painful and it can seem counterintuitive, we must experience failure in order to succeed. Embrace failure, and become immune to the stress, anxiety, and emotions it can bring. There's no silver bullet that can eliminate all stress and anxiety, but we have seen the positive impact on our lives, and believe that there are healthy ways to deal with the stress and anxiety from the workplace. Top 3 Curtain Pulls in this episode: Exercise has a magical effect on stress. A runner's high is a brief, deeply relaxing state of euphoria that releases happy hormones into your brain that often eases stress and anxiety. Any kind of exercise can release these happy hormones, reducing stress and allowing for a clearer mind. It's like magic! “If there's a stressful situation and you go for a workout or a run, on the other side of it, you will see that situation much differently. It's magical.” Journal, meditate, and drink water. There are many ways to reduce stress and anxiety but journaling, prayer or meditation, and drinking water are some of the things that have had the greatest impact for the guys. Nourishing your body physically, mentally, spiritually, and emotionally as well as finding a way to release your anxiety in a healthy manner are key when trying to deal with and view your stress differently. “The healthier you are, the fuller you are physically, emotionally, spiritually, and mentally, the easier it is for you to be able to sit in those situations and be positive, do what you need to do, and think clearly.” Become immune to failure. Everyone avoids pain, it was programmed into us, and failure can often bring pain. This is why we often avoid failure. What we should do instead is look for the opportunities that failure provides and not allow ourselves as people to be defined by our failures. “The truth is, if you want to succeed at something, you have to fail at it. You're never going to do it on your first try.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this episode with a chat about coffee, lazy mornings, and . [3:27] Bob kicks off this week's topic by asking the guys, “What do you guys do and what can we recommend for other agency people to deal with their anxiety and stress? What are some methods and things that they can and should be doing?” [4:24] Ken discusses the benefits of being physically healthy and how exercise can change your perception of stressful situations. “The healthier you are, the fuller you are physically, emotionally, spiritually, and mentally, the easier it is for you to be able to sit in those situations and be positive, do what you need to do, and think clearly.” [6:12] Brad talks about how running helps his stress and anxiety. [12:56] Ken breaks down the importance of drinking water and the impact it can have on your brain's function and your ability to view and deal with stressful situations. “When you drink the amount of water you're supposed to drink, you feel and think completely differently.” [16:00] Bob talks about how journaling helps him prepare and reflect as well as the impact it has on his perspective in stressful situations. [20:33] Brad discusses how his feelings can influence how he perceives a situation and the importance of balance. “I'm trying to hold on to more truths, and rely on a nice balance. Again, your feelings are important, and they're valuable, and they're valid, but you know, they do change.” [23:22] Ken dives deep on feelings and circumstances and talks about the importance of seeing things for what they are and nothing more. “See things for what they are and nothing more.” [25:46] Bob talks about the importance of being slow to judge a situation. [27:25] Brad challenges himself and the listeners to become ok with being wrong. “I think sometimes we go around and we hold so much stress, because we want to feel like we can't be wrong or you can't fail.” [28:49] Ken talks about the importance of failure. “The truth is, if you want to succeed at something, you have to fail at it. You're never going to do it on your first try.” [30:09] Ken says that, “You have to become immune to failure in order to grow and succeed at anything” [32:50] Bob discusses another tactic to help manage stress and anxiety. “Another very important tactic for stress and anxiety is prayer, meditation, and deep breathing.” [36:15] Brad talks about how it is unhealthy and impossible to take on all of the stress and grief of the world and how that can cause anxiety. [39:45] Bob discusses the importance of having a creative outlet to release stress. “Edward O. Wilson, I think, was a British philosopher. His quote really explains what we were talking about. It's “The real problem of humanity is the following. We have Paleolithic emotions, medieval institutions and godlike technology.”” [43:21] Bob wraps up by saying, “What we're talking about is doing things that are human, specifically that only humans can do. So do more human things when you feel stress and anxiety.”
Subtitle: Apologies in advance to Marvel fans. Today we break down our kryptonites and our superpowers and how they often tend to be two sides of the same sword. We talk about avarice, ego, lies, psychology, immunity, and more on this week's special episode. Summary: On today's episode, we discuss the shadow side of our personalities, and how to not allow them to stand in the way of accomplishing our goals and dreams. The first step to do this is understanding who you are, what you're called to, and what you want. One of the ways you can do this is by becoming conscious of your unconscious. The next step is to build immunity to the things you fear. These fears frequently stem from the unmet standards of your kryptonite. To build immunity, you must consistently expose yourself to your fears. This will help you overcome these fears and begin to break down your kryptonite. It's crucial to remember that your kryptonite often will have another aspect that positively impacts your life and business. Keep in mind that every sword has two sides. Top 3 Curtain Pulls in this episode: Remember that your sword is double-sided. While it may often seem like your struggle only brings you down and causes hardship, it's crucial to remember that there is another side to the sword. It's also to remember that your strengths also have another side that could cause you pain. Balance and perspective are key. “I like the idea that you can take that struggle and make it a two edged sword. Know your shadow, but also have that understanding that the shadow sometimes is not reality.” Build immunity. As humans, a key part of our programming is to avoid pain at all costs. This can become unhealthy and stunt growth and prevent change. We challenge each other and our listeners to build immunity to the thing you fear by exposing yourself to it repeatedly, until you aren't afraid of it anymore. “He started to do things that were clearly going to be massive rejections so that he could build up an immunity to the thing he was scared of.” Make your unconscious, conscious. Carl Jung, a famous psychologist, has a very memorable and moving quote, “Until you make the unconscious conscious, it will direct your life and you will call it fate.” If you want to follow your dreams, reach your goals, or understand yourself better, the first step is to become conscious of your unconscious. For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens today's freestyle Friday episode. [0:59] Brad launches into today's topic when he says, “We've talked about our superpowers in the past, but we've never talked about what is our kryptonite?” [1:41] Brad talks about his kryptonite, avarice. “It's the feeling that you won't have enough of something, typically time and money.” [9:23] Bob mentions an experiment that relates to the idea that, “all the time we walk around with two opposite things.” [16:38] Brad discusses how his kryptonite was shaped by his environment and his decisions. [22:56] Ken talks about how, “there are turning points in your life where your perspective shifts a little bit.” and how that can influence how you perceive and respond to your kryptonite. [25:23] Brad also discusses how he is driven by his financial goals and how avarice influences that drive. [26:54] Ken talks about his kryptonite, ego and achievement. “Ego would be my shadow.” [36:09] Ken mentions a few stories he was told that have helped him accept and let go of his fear of shame. “Someone who was feeling scared of rejection and sales decided to go around New York City and just start asking people for $100, $1,000, and $100,000. He did this just straight up in order to be rejected, and to build immunity. It's not really immunity, it's just that we make more of the thing than the thing actually is.” [38:56] Bob discusses a Carl Jung quote that has influenced how he views his kryptonite. “Until you make the unconscious conscious, it will direct your life and you will call it fate.” [43:29] Brad adds to the discussion about agreeing to disagree and curiosity's role in seeing someone else's viewpoint when he talks about the importance of, “going with your gut and being okay with that and owning yourself, but yet not taking that and putting that on somebody else as a negative thing if they choose something different.” [43:59] Bob talks about his kryptonite, “the fear of believing some lie that if I allow anything bad to happen to me, or if I go into dark emotions, or hard places, that I'll get stuck there.” [46:27] Bob discusses the importance of embracing your fear and, “I'm gonna experience it, I'm gonna welcome it, and I'm going to let it pass through me. And I'm not going to hold on to that energy.” [48:22] Brad closes this episode by saying, “I like the idea that you can take that struggle and make it a two edged sword. Know your shadow, but also have that understanding that the shadow sometimes is not reality.”
Subtitle: Today we break down the practical and emotional sides of handling when someone with a leadership role leaves your business. We discuss feelings, redundancies, restructuring, communication with clients, and more on this week's episode. Summary: On today's episode, we discuss all aspects of what to do when a key team member leaves your business. While having someone leave is challenging, it's crucial to have a positive mindset and look for opportunities. There are always opportunities. To optimize, improve, and level up. It's also important to have a record of all processes, tasks, and systems each employee uses so that it's easier for someone stepping into the role. Top 3 Curtain Pulls in this episode: Feel your emotions but don't allow them to influence your perception of the situation. When someone you've worked with for a long time hands in their notice, it can feel devastating. In order to make sound decisions, you need to allow yourself to feel the rejection, but don't allow it to define how you see the situation. Try to look for the opportunities. “See things for what they are, and nothing more. it's not good, it's not bad, it just is.” Create redundancies and keep a record of all systems and processes. In order to make the transition process smoother, it's important to build in redundancies such as recording all systems, processes, and tasks that each person does. This can help the new person who is stepping into the role be more independent and confident in their work. “Document every process of everything they do, or what we do as a team, so that it lives somewhere on a Google Drive or wherever. That way anyone coming in knows exactly what processes we use, what the steps are, and who's involved.” Look for opportunities. The biggest challenges often hold the best opportunities. Use this as a chance to discover opportunities you wouldn't have found otherwise. A positive mindset and open mind are your friends. “It's a great opportunity to go, could I reshape what I have to refill that role?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [5:43] Ken introduces the topic for this week's episode. “When you have a team, losing somebody and then moving on can be really challenging… it can be like it can feel like a giant gut blow… what do you do when you lose a really critical team member?... there's a mental side that you have to get over, which is rejection.” [10:34] Bob dives into a cold but important truth about business, “Any work environment is not family. And it's very dysfunctional to try to believe it is. And if you are getting your needs met, for family and deep relationships from your work environment, that's not a healthy place to be.” [15:37] Ken talks about dealing with the feelings of being rejected. [17:13] Bob discusses the importance of processing your feelings but also being able to give your employees freedom and equip them. [18:29] Brad talks about how his self esteem takes a hit when someone leaves. [21:04] Ken discusses the practical side of dealing with the loss of an important employee and the value of being able to, “see things for what they are, and nothing more. it's not good, it's not bad, it just is.” [24:38] Bob adds to Ken's discussion and says, “practice being an observer of these things, and not not not trapping them.” [27:20] Brad talks about the opportunity to rethink roles and restructure your business when someone leaves. “It's a great opportunity to go, could I reshape what I have to refill that role?” [30:45] Ken starts a discussion about redundancies and their role in helping the transition be smooth. [31:48] Bob says that he has his employees, “Document every process of everything they do, or what we do as a team, so that it lives somewhere on a Google Drive or wherever. That way anyone coming in knows exactly what processes we use, what the steps are, and who's involved.” [37:41] Ken imparts some wisdom about dealing with the practical side of someone leaving. “Always think who, not how.” [41:59] Brad begins a discussion about how to communicate what's happening to your clients and the importance of timing and word choice. [49:03] Bob talks about how, “in the music business, and I think in other industries, they have what's called the key man clause.” and discusses the importance of not allowing that to happen in agencies. [50:00] Ken closes this week's episode by saying, “it sounds cold, but it's about the business being healthy. The business needs to be healthy and for the business to be healthy, you need to remove as many of those vulnerabilities and diversify things.”
Subtitle: Today we break down what things we would do differently in our agencies if we had to start over completely. We talk about the importance of profit, risk, autonomy, partners, dreams, mindset, aging, and more in this week's packed episode! Summary: On today's episode, we discuss the things we would change about our agencies if we had to start all over, knowing everything that we do now. Risk is a part of life, and your ability to manage the downside of risk lessens as you have more responsibility. When it comes to business, it's important to take the risks that lead to learnings and rewards early on in your career. Taking risk is important and can profit your business, and it's much easier to learn and succeed if you are only having to support yourself. Profit is also an important aspect of business and we believe that setting goals for net profit early on will help your business grow and succeed. It's also important to consider bringing in a partner. Loneliness is very real and can add an additional challenge to starting a business. When you bring in a partner, they can lighten your load and be a support and a listening ear. We also talk about the importance of scale, assets, and delegation. Creating autonomy in your agency can make it easier to take a sabbatical, get a new perspective on your agency, and even start another business. Your mindset is key in this process; think of it as making changes to improve versus fixing mistakes. Top 3 Curtain Pulls in this episode: Set profit goals. Profit is one of the most important things that a business can create, but it can be pushed to the side when starting an agency. Although it may seem counterintuitive, focus on setting goals for net profit for your business so that you can begin to invest and take risks sooner rather than later. “I would think about profit first. I would figure out exactly what profit I wanted and then build my business around that.” Learn to delegate. As much as you may love your job, you won't be able to be heavily involved forever. This means you should begin to set some parameters now to help your agency become more independent. Maybe consider taking a sabbatical. The preparation for it could help prepare your agency for more autonomy later on. “I try to fire myself every day so that I would force myself to build a business with a lot more autonomy. Then I have more freedom to be able to either grow it in a different way and think differently about it or even start a new business.” Consider bringing in a partner. At first it may seem unwise to bring in a partner when your agency is just starting out and profits are more meager. It's important to have a partner in the beginning stages as well as later on because they are a listening ear that can help relieve stress, and eliminate isolation. Once you build your agency and have a team, having a partner can also create more opportunities for sabbaticals or agency independence. “I would do more with people. I would surround myself with people, I would be more open to potentially bring in partners, and not think that I had to do it all myself.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:27] Bob kicks off this week's topic and says, “Today, we're going to talk about what we would do differently if we were to go back and do it all over again, what would we do differently?” [2:32] Brad talks about a conversation he had with his son that has helped him reflect on his job. “My son asked me yesterday, he said, ‘Dad, is the job you're doing right now your dream job?'” [4:09] Bob mentions how some people have asked him, “What would you have told your younger self? What have you learned that you wish someone told you?” He also talks about how change and personality growth influence your passions and career. [5:42] Ken talks about one of the main things he would change if he were to go back. “Take business risks… don't chase safety. Chase, the big thing or the big dream that you have that this is what I'm put on the earth to do.” [10:31] Brad discusses the importance of figuring out who you are when you're young. [12:04] Brad talks about his passions and how they directed him to his career. [15:36] Ken discusses another shift he would make if he started over. “I would think about profit first. I would figure out exactly what profit I wanted and then build my business around that.” [17:31] Ken mentions his belief about the ideal amount of net profit your business should have. [20:54] Brad talks about how if he were to start over, he would make his business more autonomous, “so that, you know, after the first five or five years, and didn't really need me anymore.” [22:21] Brad mentions the importance of not only making business changes but also how there are, “personal mindset changes I would make.” [24:01] Brad describes how he feels about his career. “I almost feel a little bit of grief.” [25:36] Bob discusses some ways he has overcome his grief about aging and also mentions a mindset book called, ‘Breaking The Age Code' by Becca Levy. [29:04] Ken talks about the importance of a positive mindset when aging. “If you believe getting old is bad, you probably will get there in a slow, decrepit way. If you believe getting old is good, then you probably will get there in a better way.” [36:35] Brad talks about the balance between challenging yourself with new tasks and having an overflowing plate and none of your work is done to the standard you want it to be. [38:54] Bob reflects on one of the early Agency Exposed episodes featuring Hannah Paramore where they discussed the importance of having a hobby. [43:35] Bob talks about an adage and relates it to career and life decisions. “Every time you say yes to say no to something else, you're saying no to something else. And so you've got to really look at that and say, you know, what do I want to say yes to.” [44:13] Brad asks the guys, “What is the one thing you would change if you could change one thing? What is the biggest change that you would make? Or would you do it at all? Do you think this business is like, wow, I don't know if I'd go back and redo this business. I think I'd might go into something else.” [44:53] Ken talks about how humans will often focus on the negative aspects or things they need to fix when there is value and opportunity already there. He also talks about one of the main things he would change if he could go back. “I would probably build more towards assets and delegation and scale.” [49:07] Brad talks about one of the biggest changes he'd make if he was starting over. “I try to fire myself every day so that I would force myself to build a business with a lot more autonomy. Then I have more freedom to be able to either grow it in a different way and think differently about it or even start a new business.” [50:22] Bob discusses how he would, “do more with people. I would surround myself with people, I would be more open to potentially bring in partners, and not think that I had to do it all myself.”
Subtitle: You can only give from abundance. And since you have to give everyday to be successful, you must prioritize YOUR rest… for the good of the ones you serve. Today we dive into the idea of taking a sabbatical. That may sound daunting or unrealistic, but we break down how to support and prepare your agency in practical ways for a sabbatical leave. We also talk about firing yourself, preparing your team, trains, and more on this week's episode. Summary: On today's episode, we explore the concept of taking a sabbatical. No one is going to reach old age and say, “I wish I had worked more”. In fact, they'll probably say the opposite! As an agency owner, it's important to consider your employees' mental health and keep them from burning out. A sabbatical can provide mental clarity, peace, and new insight into how you run your agency. This “fast from work” also has value for the members of the team who have to pick up the slack. It can provide them with experience, insight, and new skills while also allowing you to analyze your systems and look for unseen cracks in your business. Preparation is a key part of this process. You've got to have a hardworking team that you trust, as well as efficient systems and redundancies. With committed preparation, there's no reason why you and other members of your team shouldn't take a sabbatical. Top 3 Curtain Pulls in this episode: Get off the train. Starting an agency is a bit like boarding a train. If you successfully board, it can be really hard to get off the train of working everyday to help sustain your agency. In order to go on a sabbatical and return to a thriving business, the first step is acknowledging that you need to get off the train. Don't allow the train to burn you out or make you miss out on the important things in life. “We're on this train that we can't get off. We can go to the dining car of the train, and we can go to the reading room, but we're still on the train. These times allow us to get off the train and just kind of sit and think.” Fire yourself. Once you decide you need a break from the train, you have to begin to fire yourself, reinforce your systems, create redundancies, and prepare your team for an extended period of time without you. While it may be painful to initiate these changes, they will help your agency become more independent in the long run. “We should always be working hard to fire ourselves. Don't make yourself indispensable in your agency.” You can only give from abundance. Rest and recharging are very important and sabbaticals are an awesome way to achieve both these things as well as other benefits, but there are other options to consider. Four day work weeks as well as hybrid schedules allow for more flexibility and restfulness. The mental health of you and your team is a priority, so don't allow the thought of taking a sabbatical to eliminate all ideas in that aspect. “How can you institute some sort of rest period, in whatever size business you are?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:55] Bob introduces this episode's topic, “what does it mean to take a sabbatical and what's the value of it? I'd love to hear you guys' thoughts on it.” [5:30] Brad talks about a memorable question he asked his father. “I asked my father, what's one thing that you regret in life? He said, I regret working too much.” [6:10] Ken discusses the idea that you “board a train” when you start an agency and how the day to day things keep you from getting off. He also discusses the benefits of having an extended time away from work. “When you can get away from the business for an extended period of time, the clarity that you get is amazing…just you get to restore. You come back and you're inspired. And you kind of have clarity about what you're supposed to be doing.” [8:56] Bob dives deep on Ken's train analogy. [10:50] Brad asks Bob what he thinks the prep for taking a month off would look like. [12:00] Bob talks about the importance of firing yourself, having systems and redundancies in place, and communicating and trusting your team. [13:20] Ken ponders the question, “How can you institute some sort of rest period, in whatever size business you are?” [17:28] Bob talks about the value and experience everyone else gains when a leader leaves for a period of time. “it forces everyone else to step up to the plate and fill in.” [21:21] Ken asks the guys and listeners, “What would have to be in place for you to be able to take two weeks, a month off?” [24:34] Ken talks about a few ways to prepare for taking a month off. “I think one one good exercise is making a list of what are all the things that maybe all the things that you do. And then a sub list of like, what are all the things that you do that only you can do.” [27:17] Brad asks Ken, “if your employees came to you and said ‘Hey, for those who have been here for one year, we want to be able to take one month off, and we're all going to work together as a team to make sure you don't have to do anything.' Would you be open to that?” [27:42] Ken discusses the importance of committing yourself to the prep necessary for taking a month off. [28:49] Bob points out that taking a month off could illuminate weaknesses that you're not aware of. [29:52] Ken says that when foolproofing your preparations, it's important to, “figure out, how do I make decisions? How do I do the things that I do?” [33:15] Bob talks about how other countries are initiating 4 day work weeks as well as the wisdom behind rest and recharging. [34:43] Bob discusses the results of a study about hybrid work environments and the benefits. [37:26] Brad talks about how he's been breaking his habit of prioritizing work by choosing the opposite. [39:09] Ken says, “No one sits on their rocker at ninety years old looking back and is like, I wish I had worked more.” [42:39] Brad discusses the importance of noticing the signs of burnout and taking appropriate action. “If you're feeling like you're just constantly mentally, physically, spiritually, emotionally exhausted, it's probably time to find a little more extended time.” [43:20] Bob wraps up and says, “We'll continue to talk about this and would love to hear from listeners. Please rank and review and rate and share the program on YouTube or any of the places where you get podcasts!”
Subtitle: Today we dive into the world of all things hybrid, looking at how things have changed since the pandemic and whether those changes have had a positive or negative impact on our businesses. We dive into hybrid scheduling, standup, sheds, and more on this week's episode. Summary: On today's episode, we explore working remotely and hybrid schedules since the pandemic as well as their effects on our businesses. We discuss some of the tools we use as well as some key tips and tricks to help your team all be on the same page. We also talk about the importance of having a healthy culture and atmosphere and some of the ways you can do that with a hybrid team. It's important to think about how to engage your team and make sure they feel connected, even in small ways. We also dive deep on alternative work spaces and how they could change all businesses in the future. There have been lots of changes in how we work because of the pandemic, and it's important to analyze the effects these changes have and how to move forward. Top 3 Curtain Pulls in this episode: Be intentional with your time. It can be challenging to coordinate and interact with your coworkers when each member of your team is on a different hybrid schedule. This is why it's important to intentionally set aside time to bond and spend time with your team within and outside of work as well as making yourself available for their needs and questions. “Be intentional about asking ‘what are the things that we can do to keep that culture going'.” Figure out what kind of schedule works best for you and your team. Hybrid can make intentional interaction challenging and this is where scheduling plays a role. Once you and your team figure out the best schedule, it will be much easier to cultivate a healthy culture and team atmosphere despite different day to day agendas. “We let people set their schedules when they're in when they're out. But we coordinate our team to be in around the same days.” Get your team on the same page. Because of the distance that hybrid schedules can create, ensuring that your team is on the same page is vital. Ken talks about the role that his daily standups with his team played during the height of the pandemic and how it helped unify the team and give them a starting line. “It's way more important if you're remote because you just don't know where the starting line is, and you don't know when you're on the same page.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:31] Bob opens this week's episode with a discussion about outsourcing and remote work. [2:11] Bob talks about how 5 by 5 creates their hybrid schedule. [2:50] Ken talks about his daily standup with his team as well as how they do hybrid scheduling. [5:00] Ken dives into the importance of his team's daily standup and the role it played when the team was fully remote. “If you don't have something like that, I feel like there's no start line” “It's way more important if you're remote because you just don't know where the starting line is, and you don't know when you're on the same page.” [7:47] Bob starts a discussion analyzing the differences between working remote before and after the pandemic. [10:26] Brad talks about his tech team in Romania. “We've been like a family, I go over there from time to time and break bread and hang out with everyone.” [15:16] Brad breaks down how his agency, Anthem Republic, does their hybrid scheduling. He also talks about the importance of body language. [17:47] Brad talks about his project management tools and how he schedules his weeks. [19:51] Bob talks about the system at 5 by 5 for project management and how his schedule works out. He also asks, “How do you maintain a healthy culture, team atmosphere, all those things in a hybrid environment?” [22:27] Ken says that ensuring that your hybrid agency's culture is healthy, “Can be so hard unless you're really intentional. It'll sneak up on you.” [23:05] Bob discusses some ways to engage your team that will keep the culture going in a hybrid environment. [25:07] Bob talks about the increased efficiency of hybrid agencies. “I've been on a lot of wasted zoom time. But the other side of the coin is, I think it's counter intuitively made us more efficient.” [27:27] Ken asks the guys, “ if you had to start from scratch, would you choose everyone in person? Would you you know, just have a hybrid where you have people everywhere?” [28:50] Ken then asks, “The money that gets spent on offices, is that good? Is that money well spent for an agency?” [30:29] Brad says that the financial plan for your business is what helps each agency decide if investing into a physical office is best. [32:22] Bob begins a discussion about alternate work spaces when he mentions his desire for a shed in his backyard that can be his own private office space. [38:09] Bob says that it's important to not be in a static environment everyday because, “it goes in line with what we do. People hire us to come up with something different and unique and creative.” [41:30] Bob says, “We'd love to hear from our listeners. Reach out to us. We'd love to hear what you're doing. Please continue to give us reviews.” [41:51] Brad wraps up this episode and adds, “Yeah, also make sure you subscribe on YouTube!”
Subtitle: Today we're workshopping a real marketing problem, live. In this episode, we talk about various forms of marketing, other than Facebook, as all kinds of marketers have recently been facing struggles with targeted marketing. We break down unique platforms, diversification, mindset, branding, and more on this episode of Agency Exposed. Summary: On today's episode, we ‘get jiggy with it' and do a mini marketing workshop. Due to recent increases in privacy regulations, marketers have had to deal with large decreases in targeted marketing. We believe that privacy is important, but suddenly removing a tool that has been relied on by marketers for years definitely poses a challenge. So, in this episode, we discuss the importance of diversifying your marketing platforms and offer some alternative ideas. It's important to be prepared for the shutdown of a platform and to utilize the resources that are still available on those platforms. The right mindset and branding also play a critical role in marketing, and having both will only help you in the long run. Sometimes, it's more about the quality than the quantity of your leads. Top 3 Curtain Pulls in this episode: Diversify your use of marketing platforms. Facebook is where ad companies are the most comfortable. Unfortunately, the targeted marketing that was once offered here is becoming more and more restricted due to privacy concerns. Privacy is important, but reducing the extent of targeted marketing can make our jobs more challenging. This is why it's important to ask yourself and your clients, “What if Facebook was taken away tomorrow? What would your business look like? And if it's devastation, then you've got no choice but to figure out other channels.” Utilize the retargeting that is available. While targeted marketing may be limited, there is some retargeting that is still available. Diversification is important, but make sure you and your clients are utilizing all available resources. “Be more creative, intentional, and thoughtful with retargeting strategies. On Facebook and Google you can still retarget just like you always could.” Quality over quantity. Finding leads has the potential to become more difficult and expensive without targeted marketing. This is why it's important to have the mindset that quality can surpass quantity. Niching down to the high quality clients, traffic, and leads are what can help your business succeed and grow in a time without most targeted marketing. “It's just a different mindset… it's really not about the volume of people. It's about the smaller number of high quality people, traffic, and leads that you get and really mining those.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:33] Bob opens a Freestyle Friday episode with a brief chat about Yeti versus Ember mugs. [2:21] Bob begins a discussion about the advertising struggles that digital marketers are running into lately. [2:34] Brad breaks down the question, “What do you do when platforms start to take away abilities to market to certain audiences that you relied on for clients?” [5:39] Bob talks about some of the more unique platforms that he's started using. “At the end of the day, when it comes to first party data, you just have to kind of just shift your whole mindset.” [9:47] Ken discusses diversification and asks, “What was it like before Facebook?” [12:14] Brad talks about how he views diversification in marketing as well as the importance of being prepared. “I look at this like a financial investment. Financially, you really want to diversify your investments.” [16:09] Bob discusses 3 marketing areas that he believes will grow in the next few years. [19:43] Bob talks about the importance of intentionally utilizing the retargeting that is available. [20:58] Ken discusses the effectiveness of branding and acknowledges that, “It's just a different mindset… it's really not about the volume of people. It's about the smaller number of high quality people, traffic, and leads that you get and really mining those.” [24:01] Bob mentions the marketing possibilities when partnering with influencers. [29:30] Bob says that, “We would love to hear from our listeners! I know that we've had a little glitch with Spotify that we fixed and we got all of our past episodes that were missing. So if you're listening to us and you've got some ideas on how to be more creative with your clients and digital ads, we'd love to hear from you. So reach out to us! You can click on the podcast and email us or just use #agencyexposedpodcast and we'll find you.”
Subtitle: Have you ever wondered what goes into preparing for and giving a TED Talk? Being able to give talks on big stages can be a game changer for your agency. On this week's episode, we dive into Bob's TED Talk, “From Ambiguous Loss to Tragic Optimism, Journeying Through Our Collective Loss Together”. He breaks down the process of applying, writing, memorizing, and giving a TED Talk on this week's episode. Summary: On today's special episode, Bob gives us an inside perspective on giving a TED Talk. He walks us through all of the steps he went through to apply, and talks about his experiences that inspired his talk. Bob also discusses some of the challenges he faced such as memorization and technological issues while giving his talk. He dives deep into the content of his talk, “From Ambiguous Loss to Tragic Optimism, Journeying Through Our Collective Loss Together” and discusses his positive experience with his TED Talk coach. Keep an ear out for Bob's inspiring and exciting TED Talk! Top 3 Curtain Pulls in this episode: You are not alone. One of the sole purposes and themes of Bob's TED Talk was that you are not alone. Everyone in the world is going through different degrees of collective loss due to the events over the past few years. Loss isn't something to be ashamed of, it's something to learn to accept and to grow from. “The purpose of my talk was to let people know that they're not alone.” Communicate, don't isolate. While you may think that your struggles are insignificant or are embarrassed about them, communication is key to maintaining a healthy mindset for your personal health, as well as your business's. Having a community, or even one person, who understands what you're dealing with can help you feel connected and hopeful. “Isolation is the worst thing that you can do.” Tragic Optimism will always come. Everyone has heard of the 5 stages of grief: denial/isolation, anger, bargaining, depression, and acceptance. Going through any and all loss is a challenging process. As this process progresses, tragic optimism will finally be experienced. Look for meaning in your struggles, and that's where tragic optimism can be found. “It's the search for meaning amidst the inevitable tragedies of human existence.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:32] Brad opens this week's episode with a discussion about Bob's TEDx talk. [2:23] Bob talks about the title of his TEDx Talk and his experience while giving it. “My title was ‘from ambiguous loss to tragic optimism journeying through our collective loss together'.” [6:42] Ken asks, “Can we talk about the mechanics of the TEDx Talk? So you got a coach, what was that like?” [7:57] Bob talks about his great experience with his coach and what attributes he believes make a good coach. “It's less about, like telling you how to do things and more of a support. Someone to be there to, to bounce things off of, and then to guide you along the way.” [12:24] Bob dives into his TEDx Talk and explains what ambiguous loss is. “There's this phrase called ambiguous loss. There's a psychologist named Pauline Bosch, who coined it back in the 70s. It's the concept of, the feelings of stress and anxiety around either having a physical absence with a psychological presence, or having a physical presence with a psychological absence.” [18:30] Bob talks about another concept in his TEDx Talk, tragic optimism. “It's the search for meaning amidst the inevitable tragedies of human existence.” [19:43] Bob discusses tragic optimism in depth and the relationship between ambiguous loss and tragic optimism. He also talks about how the true meaning of life comes from struggles and losses and how there's no shame in experiencing ambiguous loss. “There's this organic connection between ambiguous loss to tragic optimism. You can't have one without the other. True meaning in life comes from these deep struggles in these hard times.” [25:22] Ken talks about how character is built from struggles. [26:06] Bob discusses the challenging experiences that inspired this TEDx Talk. [28:17] Bob says, “the purpose of my talk was to let people know that they're not alone.” [30:26] Brad asks Bob when his recorded talk will be available to the public. [32:44] Bob talks about the ‘mental castle' concept for learning and memorization and how he applied it to memorize his talk. [35:20] Bob closes this episode by saying that the guys will let the listeners know when his talk is released. “Hopefully, people got something out of it. And when it releases, we'll let you know. Just keep an eye out for it.”
Subtitle: As we all are aware, the environment of today's economy is constantly changing and inflation is a real challenge. Unfortunately, for a business the solution is not as simple as “raise prices”. Because of this, today, we break down how we combat inflation in a special investing episode. DISCLAIMER, we're not investment advisors, these simply are our opinions. We talk about investing in crypto and real estate, leveraged trades, cutting costs, and more on this week's episode. Summary: On today's special episode, we dive deep into the world of cryptocurrencies and investing to break down our strategies for hedging inflation. Please keep in mind, we are not financial, business, or investment advisors, so do your own research and talk to your advisors. One of the first things we do to shield ourselves from inflation is to cut unneeded costs within our businesses. It's important to analyze the efficiency and practicality of every tool in order to eliminate the unnecessary ones. As time goes on, chances are, you'll have to raise your prices to keep up with inflation. Proactively changing prices can help you hedge against inflation. Investing is also key. Whether it's real estate, gold, stocks, or cryptocurrencies, any wise investment can help you avoid inflation. While cryptocurrencies can yield big rewards, they do so at a high risk. Top 3 Curtain Pulls in this episode: Stick to your investment plan no matter your feelings. Once you decide where you want to invest and have committed, it's important to not allow your feelings to dictate any changes to your investment. It's good to know “hey, I should get out of this investment”, but stick to your plan and don't let a bad day impact your investments. “emotions are tied to money. And you have to become, when you're investing, you really have to have a plan. Use data and your experience to make decisions. And you have to follow those decisions.” Choose which crypto you invest in wisely. There are lots of coins and cryptocurrencies out there, and it can be challenging to decide what you want to invest in. While Bitcoin is unique and can be compared to gold, most coins are like technologies. Be thoughtful in how you invest in crypto, if you decide to, and make sure your general investments are diversified. “look at how you can keep a safe and balanced portfolio.” Wait to invest until everything's wrecked. Warren Buffet's saying, when other people are fearful, that's when you buy, is one of the most important concepts of investing. While it may initially seem like a good idea to buy something that the media's talking about, it's best to wait until the market's at its lowest to purchase any kind of stock or make any investment. . “do not buy when the media is talking about a stock or a company… you will have to buy when everything's wrecked.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:44] Ken opens this week's episode by telling the listeners that unfortunately, Bob won't be on this week's episode because he's preparing for a TED talk. [2:02] Ken tells the listeners that Bob's TED talk is called, “from ambiguous loss to tragic optimism, journeying together through collective grief.” [2:50] Brad says that in the next episode, they'll have Bob unpack his TED talk and dive deep on it. [3:11] Ken informs the listeners that, “this is not investment advice. This is not business advice. This is our opinion.” [4:45] Ken asks Brad, “how do you make the most of the money that you have? And what are you doing these days?” [7:01] Brad talks about how his childhood influenced his knowledge of investing and how “a lot of my investment knowledge comes from just trying things and learning.” [12:01] Ken asks Brad to walk through a few of the asset classes. [12:10] Ken also asks Brad how he thinks the environment today impacts crypto and equities. “with all that's going on, in the, in the environment, in the general, macro, economic, global environment, so you've got the Russian invasion in Ukraine? how is that impacting what we're doing?” [12:55] Brad talks about what he's doing in his business, and personally, to hedge inflation. “I'm looking at anything that we can cut out of our budget personally and for my big business, anything that's extra” [15:37] Ken discusses what he and his team are doing to shield themselves from inflation. “we're increasing prices… But also cutting things out.” [20:09] Brad breaks down one of the most important investing principles. “when other people are fearful, that's when you buy… do not buy when the media is talking about a stock or a company… you will have to buy when everything's wrecked.” [25:23] Brad discusses the importance of understanding your investing strategy and not making emotional decisions when investing. “emotions are tied to money. And you have to become, when you're investing, you really have to have a plan. Use data and your experience to make decisions. And you have to follow those decisions.” [26:33] Ken asks Brad if, “There are any other coins that you're invested in that you think are stable and that are smart investments?” [29:23] Ken explains that most coins are technologies. [29:33] Brad explains the difference between most cryptocurrencies and Bitcoin. [30:28] Brad breaks down his crypto investment makeup and explains why he invested the way he did. [36:20] Brad dives deep on crypto and leveraging trades. [39:07] Ken asks Brad, “what about physical assets, specifically, real estate?” [41:51] Ken discusses his belief that agencies should be shooting to make 30% profit and how that could help combat inflation. [43:40] Brad talks about the importance of having a mindset that understands, “you live in a world where prices are always going to be much higher.” [47:24] Brad discusses his most important takeaways regarding inflation and investing. [50:34] Ken closes this week's episode. “Hopefully, this is helpful. Again, it's not investment advice. And next time, we'll have Bob back here and we'll actually get into his TED talk.”
Subtitle: Today's episode features a special guest, Erik Jensen, Chief Strategy Officer of Predictive ROI. Predictive ROI is a thought leadership and content strategy business that helps agencies, consultants, and coaches create smart solutions while digging deep into their client's systems and goals. We chat about what it looks like to discover your superpower as an agency and how to leverage that to intentionally and strategically grow your business. Summary: On today's exciting episode, featuring special guest Erik Jensen, we dive deep into superpowers, thought leadership, and how to monetize thought leadership. Erik tells us about his unique background as well as how Predictive ROI came about. Predictive ROI helps agencies, consultants, and coaches develop thought leadership and monetize it by niching down to their special “superpower”. In order to profit from your superpower, you first have to identify it. Erik breaks down some important questions and perspectives to consider when trying to find your special power. Once you know where your specialty lies, content generation and having a body of work are key players to consider when monetizing your thought leadership. There is no such thing as a “silver bullet” strategy that will fix everything or make you wealthy overnight. It takes work, intentionality, and strategy to build a strong business. Erik advises agency owners, consultants, and coaches to not allow fear to dictate business strategy, because then you've lost before you've even begun. Top 3 Curtain Pulls in this episode: Discover your superpower. In order to monetize your thought leadership, you have to be known for something. And to do that you first must know where your greatest strengths lie. Erik offers 3 questions to help identify your “superpowers”. These three key perspectives can help you categorize and analyze your business differently to determine where your true strengths exist. “What are the problems that you solve? What is your superpower?.” Content creation is key. Once you know completely what your powers are, content creation is the next step. Consistency and accessibility are crucial. Erik advises listeners to “fill it (the online vacuum) with content of your own making and direction before others fill that vacuum for you.” Leverage a framework. Content creation is hard and time consuming. Knowing how to make the most of the time you spend here is the key to success. Erik and Predictive ROI have multiple resources, referenced in his profile and at the end of the podcast. Use these free resources provided by the professionals of thought leadership to help your business to evolve smartly. “It does not happen overnight. This is not a silver bullet strategy. This is not a ‘get rich quick' scheme. This is a ‘building a business with intention' strategy.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About our Guest: Erik Jensen: The Chief Strategy Officer and co-founder of Predictive ROI, a company whose thought leadership & content strategy is for smart Agency, Coaching, and Consulting leaders who want even smarter solutions. Our clients are incredibly brilliant business leaders who know that if something promises quick and simple, it likely won't last for the long haul. So when we work together, we dig in deep to learn your business, your systems, and your goals. Learn more about Predictive ROI at predictiveroi.com Predictive ROI on Facebook Erik on LinkedIn Predictive ROI's podcast, Onward Nation About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens this week's episode by introducing this week's special guest, Mr. Erik Jensen. He's the chief strategy officer for a company called Predictive ROI. [3:01] Erik explains what Predictive ROI's mission is as well as his unique background, his business partner, and how Predictive ROI was formed. “We help agencies, coaches and consultants build a position of thought leadership and then monetize it.” [7:09] Ken asks Erik about his pivoting point in his business, and what pushed them to evolve. [7:37] Erik explains the process of Predictive ROI's transition from serving any client to niching down and working with agencies, consultants, and coaches. “We offered guaranteed contracts where we would say, we're guaranteeing you that you will get you know, 2x or 3x or 4x return on the investment with us. Then we learned something else, which is sometimes we don't have control.” [11:01] Erik gives a key piece of advice to all agency and business owners, and explains why he believes it's important. “I think if there's any one lesson that I would like to tell anybody who's just new to running a business, I don't care if it's agencies, coaches or consultants or something else. Go narrow, fast.” [11:54] Erik breaks down the meaning and reasoning behind why agencies often try to help every client that comes their way. [12:43] Ken asks Erik, “Why agencies, coaches and consultants, like why did you decide to niche down in that way?” [14:02] Bob asks Erik what his role is and how he serves his clients. [15:04] Erik explains one of the key concepts of thought leadership. “Thought leadership is really about staking your claim, and we call it planting your flag, planting your flag of authority in the space that you want to own.” [19:37] Ken asks Erik to “walk us through the questions that someone could ask themselves to identify here's the flag that I should be planting.” [20:19] Erik discusses the importance of identifying “What are the problems that you solve? What is your superpower?.” He also discusses the three main categories to analyze when trying to establish what your superpower is. [24:53] Erik creates a unique analogy that explains and dives deep on leveraging your superpower. [26:13] Erik talks about one of the ways that Predictive ROI ensures that their clients are in a position to identify their superpower ability and have buy in. [29:29] Ken asks Erik what his tips are for content generation. [32:04] Erik talks about how he implements systems to help with content generation, but even more importantly, “your best salesperson is you.” [38:38] Erik breaks down his daily schedule and tasks. [41:35] Bob discusses his experience with content creation. [43:03] Erik explains his perspective on content generation and talks about the importance of filling the inherent vacuum online, “with content of your own making and direction before others fill that vacuum for you.” [43:03] Erik also discusses the value of having a body of work, and how it can help build trust with your clients. “It does not happen overnight. This is not a silver bullet strategy. This is not a get rich quick scheme. This is a building a business with intention strategy.” [45:45] Erik talks about all of Predictive ROI's resources to help you monetize thought leadership. “Hop over to predictive roi.com. We have the weekly free q&a. We also have a book on this, which outlines it a little bit more clearly. You can get it for free at predictive roi.com/free-book And it really is free. It's not one of those like, pay shipping and handling or whatever [47:29] Erik closes with a final piece of advice, “Don't let fear dictate the strategy of your company.”
Subtitle: And the myth-busting continues! On this week's episode, we continue to analyze and debunk some of the most common myths in the agency world. We break down RFP's, hiring, size, Cancun, creativity, trendsetting, and more in this week's episode! Summary: On today's episode, we discuss some of the top myths in the agency world, from an agency's perspective, and the client's. We believe that it's important to debunk these myths not only to expose the truth about agency life but also to dig deeper and understand the reasoning behind the myths and how they influence businesses today. Keep in mind, this episode is all about our personal opinions and experiences with these myths. The goal of these mythbusting episodes is to help our listeners form their own opinions about the validity of these myths, and help them achieve success. Top 3 Curtain Pulls in this episode: RFP's are not the best ways to find an agency. We personally don't believe that RFP's are the smartest or best way to find an agency. Think of hiring an agency like hiring an employee. While their experience and education do play a part in the hiring decision, their personality and ability to do the specific job does even more. Having a competition between agencies won't help you hire the agency you're most compatible with, and the relationship with the agency you end up hiring can often be awkward due to how the relationship started. We've dedicated a whole episode to RFP's here, so if you missed it, go check it out! “There's a lot of waste in RFPs.” Size of your agency can matter but often doesn't. The old corporate adage, “No one ever got fired for hiring IBM” is where we believe the myth that “big agencies are the only ones that big brands hire” came from. Because of this saying, many businesses associate large size and high price with high quality work and valuable experience. While some large companies truly need large agencies to help them with their projects, leaner agencies do have a chance too. The thing companies are looking for is trust and confidence in the team they hire, and size is only one way to judge that. “Instead of focusing on the size of an agency, I think you need to be focusing on what's the best fit, and the best solution for my problem.” Creativity isn't limited to one geographic area. Although NYC, LA, and Chicago may traditionally be known for their creative design, creativity is everywhere. If you're looking for someone to help with design, don't just look for people in large cities; look for the person that you will work well with and will do the job you need them to do best. “You're not really limited to a geographic area.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:45] Bob opens this week's episode by announcing Brad's new youtube crypto channel, RADMAX Crypto. [2:31] Brad talks about how crypto will get hit by the Ukraine-Russia tension. [5:41] Ken discusses how the guys are, “going to do a bunch of episodes where we collect myths that people send in or that we find, that we hear, that we know of, and we're just gonna see if they're true or not.” [6:01] Bob brings up the first myth, “An RFP, request for proposal, is the best way to find an agency.” [6:56] Brad talks about how he's seen and experienced the negative side of RFP's. “There's a lot of waste in RFPs.” [12:22] Bob asks the guys, “If the myth is “an RFP is the best way to find an agency”, what is our opinion on a better way?” [16:35] Ken discusses how he believes that agencies should be hired in the way employees are hired rather than through RFPs. “An RFP doesn't let you know if you like them.” [20:19] Bob begins the discussion about the next myth, “Only big agencies can really provide and do a good job and what I need.” [20:42] Ken says that the size of the agency can matter when it comes to certain size companies, but more often than not, clients associate size with reliability and experience. [22:30] Bob proposes an alternative perspective for clients to consider. “Instead of focusing on the size of an agency, I think you need to be focusing on what's the best fit, and the best solution for my problem.” [26:53] Brad talks about how he teams up with other agencies in order to win bigger clients and a few of the advantages of being a larger agency. [28:12] Bob mentions the next myth, “the best creative only comes from LA, New York, or Chicago.” [29:02] Brad discusses how there are differences in agencies in different cities but how when he moved to Nashville, he saw a lot of creativity here. “It's like creativity meets corporate.” [31:20] Brad talks about how the improvements to and accessibility of technology has made it easier to compete with larger agencies. [32:26] Ken asks, “Where do you get the trendsetting creativity?” [34:23] Bob talks about how he believes trends were made previously and how technology and culture have reversed the trendsetting process. [37:12] Ken says that busting these myths is important because not only can you express the true nature of agency life, but also, “digging into the reason behind them is where you can learn some things.” [37:30] Bob summarizes the agency myths and the truth. [38:09] Brad closes this episode by reminding the listeners to “Go to Agency Exposed on YouTube, slap up the likes and subscribe. There's a little notification button. If you click that you'll get all of the latest videos from Agency Exposed.”
Subtitle: Welcome to the 100th Episode of Agency Exposed! The agency world is riddled with myths and assumptions, and today we're going to begin a series of episodes where we test some of the most widely believed myths about marketing, advertising, and agencies in general. We debunk some of the top agency myths and more on this week's exciting episode. Summary: On today's episode, we begin to explore some of the myths people believe to be true about agencies. We've gone out to our listeners as well as the Google machine to find some of the most common beliefs and assumptions about marketing agencies. We break down many myths in today's episode. Thank you to our listeners for your support, we can't believe this is our 100th episode! Top 3 Curtain Pulls in this episode: The best creative doesn't always win. Though you may have poured your heart into a creative project for a client, they may hate it or it simply may not work in the real world. This is why it's important to remove any emotional attachment to your work before shipping it off. And that isn't easy. It's also important to have data that backs up your decisions, creating valid reasons for your client to accept or pick your project. “I always thought that great creative would always win. Meaning if you were doing a campaign for a client, the best creative was always going to win.” Agency life shouldn't be chaotic and toxic. When you think about agencies or agency life, do you immediately think, late hours and toxic co-workers? While that may be the case in some older agencies, healthy agencies have a positive environment and want their employees to avoid burnout and stay healthy. It's all about great leadership and leading the client vs the client leading you. “that agency life is chaotic, and you work long hours, and everybody's cutthroat.” Agencies can't solve every problem. It's important to remember that agencies aren't a magic fix for every problem. Nothing is ever fully guaranteed. You can hire the best agency in the world, but if your product doesn't work, there's no need in the marketplace, or your business model is off it just won't work. You don't hire an employee based on a guarantee of how they'll help you, you're hiring them based on their character and experience. It's the same situation when you hire an agency. “There's a perception that an agency is going to come in and they're going to solve my problem and they have the ability to do that. No matter what.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens up the 100th episode of Agency Exposed, with a brief chat about Tim Horton and ice hockey. [2:47] Ken begins today's discussion about mythbusting by brainstorming some myths about agencies and agency life. [4:15] Brad talks about his myth and explains why it's a myth. “I always thought that great creative would always win. Meaning if you were doing a campaign for a client, the best creative was always going to win.” [8:57] Ken discusses the importance of being able to detach yourself emotionally from your work and allowing things to roll off of you. [12:55] Ken googles some common agency myths and breaks down two, “do marketing agencies pay well, and do marketing agencies make money?” [14:12] Ken talks about the average profitability of agencies and why having a heavy human capital can be an issue. “How do marketing agencies make money?” [16:18] Ken discusses some of the potential negative aspects of working for an agency and compares them to his ideal agency situation. “We want a consistent team that builds over time. We want a balanced team that is not overworked.” [18:39] Bob talks about how working for an agency provides numerous opportunities for growth and education as well as other benefits. “I would argue there's no better place to get that type of business life experience.” [20:37] Bob discusses his myth, “that agency life is chaotic, and you work long hours, and everybody's cutthroat.” [27:15] Ken breaks down another myth and talks about the importance of balance. [28:07] Brad talks about one of his key philosophies and applies it to Ken's myth. “I'm here to win the war, not the battle. I'm there to be an asset, not somebody that's going to care more about the end result than my client as a person.” [34:47] Ken discusses another myth and explains why he believes it is a myth. “The idea of control, I think, is a myth because there's a perception that an agency is going to come in and they're going to solve my problem and they have the ability to do that. No matter what.” [41:32] Bob concludes the 100th episode of Agency Exposed by talking about the importance of aligning the client's definition of success with yours and how that comes into play with Ken's myth.
Subtitle: February 25th, 2022 is the day when Russia launched their initial attack on Ukraine. There are many fears, opinions, and politics circulating, creating a thick cloud that hides the reality of what's happening in Ukraine; innocent people are dying. In this week's episode, we stand with Ukraine, we acknowledge that what is happening right now is unacceptable, answer discuss how businesses can help. We share how we believe this tragic war will affect not only the countries directly involved, but also Europe, the United States, and agencies and technology. We also discuss some practical ways, as agency owners and citizens of the United States to help those that are hurting. Summary: In today's episode, we strive to understand the effects that this war will have on economies, financial systems, the technological community, as well as the role of the government in the affairs of international companies, and what we can do to help. The first step is in order to help those that are hurting, we must first fix the division in our own country. And it turns out marketing agencies have real power there. How are we to help others if we can't even help and agree with each other? We must also be wise and mature in the way we speak about our current leader or leaders past. We are only hurting ourselves and our country by damaging their reputation on a worldwide scale. We must learn from the mistakes made, apply what we learn to our own agencies, and grow. The primary takeaway from this episode is that what is happening in Ukraine is wrong, but in order to help fix it, we must first fix ourselves by being wise, mature, forgiving, and most importantly, kind humans. Top 3 Curtain Pulls in this episode: Be wise and mature; speak respectfully about leaders, specifically your own. Being entitled to our own opinion and having the ability to freely speak our mind is a massive benefit of living in a free country - the United States. However, our words still have consequences, and it's important to consider how your opinion, as well as a very vocal and negative one, impacts your leader on a public, worldwide scale. It's in your best interest, whether you like the leader or not, to be wise and mature about how you express your opinions about this person. “We don't have to agree. But we can at least respect each other.” Gear up; cyberspace is the new battlefield. As crazy as this may sound to some, it is absolutely true. It goes far beyond website hacks. Imagine what would happen if power and internet access were cut off for an extended period of time. How long could you survive? This battlefront is approaching fast and very real, so it's important to continue educating yourself and growing your experience in technology and cyberspace. “A lot of people view cyberspace as the new, Battlefront. It's like a profound shift when we view that as an actual battlefield.” Learn from this experience, and apply your findings to your agency. This horrific war between Russia and Ukraine is heartbreaking. One of the best ways we can help is by learning from the mistakes made and not repeating history. Apply what you learn from this war to your agency to promote an open culture and freedom to express opinions respectfully. “But I think learning is critical in this type of thing.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:43] Bob opens this week's episode by informing the listeners that this episode is a special, current event episode, prompted by the invasion of Ukraine, where the guys will break down how war, cyberattacks, and sanctions impact agencies. “We could talk a little bit about war or sanctions or cyber attacks, and how they might come into play and affect what we do as agency owners and people working in agencies.” [1:41] Brad contemplates the government's role in deciding to shut down international companies' access to and business with Russia, as well as how it will affect other US businesses. “I'm not not saying we shouldn't do sanctions. I just don't know what the effect will be.” [4:55] Ken discusses an interview he found with Putin and how after listening to the interview, he's begun to realize that cyberspace is the new battlefield. “A lot of people view cyberspace as the new, like, Battlefront. It's like a profound shift when, you know, when we view that as an actual battlefield.” [6:57] Ken continues his discussion about cyberspace being the new battleground and relates it to the tech community. “What we don't realize is that as the tech community, being on the forefront is very important. It is like having a strong military.” [9:25] Bob talks about a conversation he had with a retired veteran recently about how there is a very possible threat, “if Russia and China were to get together and say, we're going to have a plan cyber attack on, you know, countries that oppose us, (the US and other NATO backed countries) it's something to be concerned about and something that we should really prepare for, and it's yes, as agency owners, but also as citizens.” [12:31] Ken discusses how the idea of casting blame is very detrimental. “It happens a lot inside of our country. It is a cliche that, you know, we appear divided, and so it's really easy to threaten us.” … “The great thing about the US is that you have freedom of speech, and we're not squelching that it's just wisdom. Like it's not wise to be publicly disrespecting the leader on a world stage.” [15:09] Bob talks about the importance of working together as a team in order to set a good example for other countries and ourselves as we understand and overcome this crisis. “When we have international threats, we really should show the world, ourselves, and each other, what it looks like to be good human beings and to play as a team.” … “It's a great application all the way down to our businesses.” [19:06] Ken discusses the positives of being able to speak freely without fear of being punished for your opinion, but advises that one speaks wisely. “We don't have to agree. But we can at least respect each other.” [22:06] Ken talks about one of the main things he believes we can do in the midst of this crisis. [26:39] Bob says that one of the most important, practical things we can do is, “At the very least, show some solidarity for the people of Ukraine.” [27:45] Ken discusses the importance of learning from this experience. He also talks about how it's important to continue growing and becoming the best at technology when considering that it's the newest battlefield. [28:36] Bob mentions that it's important to be aware of opportunities to help such as, “people who may be displaced out of their home, they don't have opportunities to continue to support their families.” [29:35] Brad talks about the challenges of truly wrapping your head around the reality in Ukraine. [31:28] Bob discusses the importance of securing all of your and any clients' data and info. “Make sure everything is secure. Double and triple check, make sure everything's updated. It's probably a really good time to do that right now.” [32:16] Ken wraps up by talking about how learning and maturing as a country is the most important thing anyone can do during this heart wrenching time. “I think there's a lot we can learn. Maybe there are some things that we can do. But learning I think is critical in this type of thing. It's sad to see the immaturity, so I would love to see people just kind of mature up so that we can be a united front.”
Subtitle: With the beginning of a new year comes the organizing, goal setting, and planning. What is your theme for 2022? What do you want your year to look like for your business as well as your personal life? We discuss our themes for 2022, why we chose these phrases, and what they mean to us. We also talk about how control is an illusion, ambiguous loss, bioluminescent creatures, and our NEW agency myth busting podcast on this week's episode. Summary: What are your goals for 2022, and what is your mindset for the year? One way to organize your thoughts and goals, business and personal, is by creating a theme and or a personal word for yourself. We talk about what inspired our themes along with the importance of mindset, investing in your team, letting go of control, and learning how to live with uncertainty and how they relate to our themes. Keep an ear out for our NEW agency myth busting podcast coming next week! Top 3 Curtain Pulls in this episode: Leverage. Seasons are a part of life, and as you grow, you must find new ways to leverage the resources and time you have in order to be more effective at what you're pursuing. It's about being a good steward of what you have. Rather than being wasteful, learn how to maximize what you've been entrusted with. Personal: “You can lift more, if you loosen your grip.” Metacake: “(Metacake's is) ‘winter's my season'. Ideally, you're preparing for the downtimes, so that when the downtimes come, you can not only survive it, but somehow thrive in it. In some ways, there's a lot of opportunity in winter.” (More) Fun. Work is important and it enables you to provide for others. A work-life-fun balance is also important, and the fun part of this equation is often overlooked. If you didn't get paid for anything, what would you still be doing? “I live with the goal of doing stuff, but it's always for a return on an investment. And I realized that I'm best when I'm laughing.” Simplify. Life can be overwhelming and hectic and it may feel like time is slipping away. Sometimes the key is to remember what is truly important. Make time for what is essential or what you enjoy and simplify. “The biggest journeys and the biggest adventures are not out there somewhere to conquer, but they're with the people that I do life with.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens this episode by asking the guys how they're doing and a quick chat about fasting and warmth. [2:21] Brad talks about his phrase from 2021, A New Hope, what it meant to him, and how he applied it to his business. “We were not promised tomorrow, so you gotta rock and roll today.” [5:17] Ken discusses how learning to live with and above uncertainty is a lifelong journey. He also mentions his phrase from 2021, which is also his phrase for 2022, and why he chose it as well as how he applied it to his business and why it's important to him. “My phrase was ‘winter's my season'. Ideally, you're preparing for the downtimes, so that when the downtimes come, you can not only survive it, but somehow thrive in it. In some ways, there's a lot of opportunity in winter.” [13:40] Bob talks about how the last few years have brought ambiguous loss for everyone and how embracing that loss (or winter) can bring opportunity. “It's all a matter of perspective, but there is an ambiguity and a loss behind what we have all gone through. And when you learn to love the situation you're in, there are some really cool things that can happen.” [15:37] Bob discusses the importance of prioritizing and investing in your team's mental, physical, and emotional health. “We got to stop seeing all these things as individual things in the workplace, but actually, they're collective things that we should be investing in.” [18:23] Ken mentions a stock buying concept and relates it to the importance of preparing for a season of winter in your business. “The concept in it is this idea that when everything is falling apart for other businesses, if you're ready, that's when the opportunity lies. You have to take that and you have to plan for that.” [19:14] Bob talks about his phrase for 2021, reimagine growth, and why he chose it, and how he applied that to his life. “I really want to do this, but I figured if this was the safer path to go and be an accountant, and then you're 55 years old, and realize, man, I hate accounting. I think growth looks very different, to every human being, and my idea of growth has changed.” [22:06] Bob reveals his theme for 2022, simplify. He relates it to Will Smith's new documentary series, Welcome to Earth. He tells the guys a quote from one of the episodes that helped inspire his theme. “At the end of it, he says ‘until you go into the dark and go beyond the darkness. You'll never see new light and new things that you've never experienced. Not just embrace it, but love it and engage with it.'” [26:26] Brad tells the guys about his theme for the year, getting jiggy with it. He also talks about why he chose it to be his theme and why it's important to him. [28:59] Ken relates Brad's theme to a question he's pondered, “If you removed the financial gain from any action that you did, what would you be left with doing?” [35:26] Ken discusses how the feeling of being in control is simply an illusion, and your productivity will increase if you let go of control. [36:57] Bob mentions the importance of smiling and how it can positively impact your clients as well as yourself. “When you get on the phone, and you smile, you can hear it and the client can feel it.” [38:28] Ken talks about his personal word for the year, leverage and how it relates to his theme and his personal and business goals for 2022. “You can lift more, if you loosen your grip.” [45:04] Bob wraps up this week's episode by telling the listeners, “We're going to start a new series. So tune in next week. We're going to start talking about the myths of agency life and we're going to do some myth busting.”
Subtitle: Time… it's our most limited resource. The older you get, the more you're responsible for, the more goals you have, THE MORE IMPORTANT IT IS to be intentional with what you spend your time on. You can't get everything done, so how do you make sure you get the highest impact things done (ps - not the most urgent things)? And inevitably, you can't get everything done, so how do you be intentional about what DOESN'T get done? We dig into how to make the biggest impact with your time in this episode. Summary: On today's episode we talk about how we spend our time on what matters. In order to do that, you first need to identify a few key things about yourself. It's also important to remember that although many situations in the agency world may seem like emergencies, real emergencies are rare, and freaking out won't help. Time management is not solely for business but rather it should be a part of all aspects of your life. Mindset and intentionality also play a big role in making time for tasks that may not be urgent, but are still important. We also discuss some of the practical tools we use for time management and prioritizing tasks. Time management is important, so let's make it a priority for 2022. Top 3 Curtain Pulls in this episode: Figure out what you want to dedicate your life to. While recognizing what you want to do with your life can seem like a tall order, knowing what you want can help you prioritize your tasks on a daily and weekly basis. “What do you want to dedicate your life to? When it comes down to all the urgent things that come up, do you want to look back and have regrets? What do you want your life to be?” Prioritize tasks and plan your schedule around your creativity zone. After you know what you want your life to be, the next step to prioritizing your tasks is figuring out your personality, what fulfills you, and what time of day you are most creative and productive. Once you've got that figured out, then you can prioritize and organize your tasks based on importance, urgency, level of personal fulfillment, and the amount of creativity that is required. “You have to know what time of day so then you can know how to time block your weeks.” Freaking out helps no one, so don't do it. In the agency world, “emergencies'' are frequent, stressful, and demanding. Yet after some examination they turn out to be not-emergencies after all. In order to navigate the real emergencies, you and your team must use the not-emergencies as an opportunity to practice having a calm mind. Promote a culture of planning and calm. Don't ride the rollercoaster of emotions your clients may be on. “Freaking out, is not gonna help. You do what you can do, and you do it with a calm mind.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens the first episode of 2022 by asking the guys about how their years ended. [3:52] Ken introduces this episode's topic. “I think it's a good thing to rethink stuff. I know for me, it's like how do I spend my time, money, and resources more wisely, and do a better job this year?” [5:06] Brad talks about one of his challenges with time management and asks the guys how they resolve their time management challenges. “One of my biggest challenges with time is that I've always got a squeaky wheel somewhere and it takes me away from what I need to be doing. That's probably my biggest frustration with time management. And I'd like to hear a little bit about how you guys get around that” [7:01] Ken discusses a question he was asked that helps him prioritize. “What do you want to dedicate your life to? When it comes down to all the urgent things that come up, do you want to look back and have regrets? What do you want your life to be?” [10:07] Ken talks about how often the “emergencies” in the business world aren't real emergencies and how he has trained himself and his team to respond to those situations. “Freaking out, is not gonna help. You do what you can do, and you do it with a calm mind.” [11:10] Bob mentions the importance of understanding yourself and how you function in order to achieve your goals for time management. [14:10] Brad talks about how time management isn't solely for business, but rather, “Your time management is really important to what you want your life to be as a whole, not just your business.” [17:28] Brad asks the guys, “I feel like I wasted a lot of time. How do you guys deal with that?” [18:58] Ken talks about the importance of being intentional about prioritizing tasks and having accountability to put some skin in the game. [22:01] Brad discusses how he tries to protect his time and how that stems from his personality type. [23:17] Bob talks about the challenges of protecting your time, “not just for yourself, but from other people in an agency world. There is a tyranny of urgency, not just in your own brain and anxiety, but your staff, your clients, everybody's pulling, saying, hey, I need this yesterday” [23:54] Ken talks about what he's done to create a culture of de-urgency in his business. “Freaking out helps zero people, right?” [27:32] Bob asks the guys what practical tools they use for time management. [27:38] Ken says that one of the biggest tools for himself is a coach. He also talks about how he uses the Eisenhower matrix to prioritize tasks. [32:57] Ken talks about how, “The reality is, there has to be some sacrifice.” [33:25] Brad discusses his project and time management tool, Asana. [36:11] Ken talks about how to plan tasks according to your creative flow. “You have to know what time of day so then you can know how to time block your weeks.” [39:44] Bob talks about the impact consistency and your daily morning ritual can have on your time management. [42:44] Ken mentions a cycle by John Ortberg that describes how time management usually fails and how he breaks it. “It starts with over commitment, and then it goes into fatigue, and then it goes into guilt and shame, and then that goes into quitting.” [44:17] Ken wraps up by talking about how he uses his business's morning standup to “help align everybody else around what they're supposed to be doing that day, rather than just leaving it to chance so it's more like a team game plan.”
Summary: On today's episode we talk about the New Year, and some of the things we're doing to create growth and success in our businesses. As time goes on, technology advances. It's important to understand what the metaverse is in order to adequately prepare for it. The past two years have been challenging and have brought about a lot of changes. Although it may seem like a disadvantage, use this season to find opportunities for your agency, and prioritize them so that they can be efficiently accomplished in 2022. Don't forget to check out our giveaway! Details on how to win are in the show notes. We at Agency Exposed wish you a Merry Christmas, and Happy New Year! Let's show 2022 why winter is our season. Top 3 Curtain Pulls in this episode: View winter as an opportunity. Although many people think of winter as dreary, lonely, and uncertain, remember that there are abundant opportunities in winter; you just have to look for them. Find the window of opportunity in the winter of your business. “When most people see winter, they're scared they see uncertainty and that's normal. But you can be one of the rare few that see it as an opportunity.” Educate yourself about the metaverse. How can you prepare for something you know nothing about? The answer is, you can't. In order to be ready for the future of digital marketing, you need to learn as much as you can about the metaverse, and search for future opportunities for your business there. “It's a convergence of all types of things online.” Take time to organize your priorities for 2022. Although most people set New Year's goals, more often than not, they've been forgotten or pushed to the side by the end of January. To avoid making a “goal”, take the time to sit down and brainstorm with your team to think about what you as a business want to do to promote growth and success in the new year. “What are you going to prioritize in your business?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:53] Ken talks about his team's Christmas party and their company theme for this year, “winter is my season.” [2:30] Ken explains what “winter is my season” means, and why Metacake chose it as their theme. “When most people see winter, they're scared they see uncertainty and that's normal. But you can be one of the rare few that see it as an opportunity” [4:22] Bob tells the listeners how they can win the winter is my season sweatshirt giveaway. “Tag us and use the hashtags #winterismyseason and #agencyexposedpodcast on social media and promote about one of the episodes that helped you and your business.” [5:28] Bob talks about all of the radical shifts that have occurred over the last two years. [7:11] Brad asks the guys, “What's your window of opportunity in 2022?” [7:14] Bob discusses the negative impact digital advertising has had on many businesses recently and how he believes it has ignited the question of what will digital marketing look like in the future. “What are you going to prioritize in your business?” [9:10] Ken talks about some of the things his business is prioritizing in the upcoming year. “we're moving into a capital arm of our business…and we're actually doing our first NFT marketplace.” [12:26] Brad discusses what he sees his business focusing on next year. “I see this next year as partnering with some other agencies from around the country.” [16:23] Brad talks about the difference between visionaries and opportunists by comparing Elon Musk to Mark Zuckerburg. [19:18] Bob gives his definition of the metaverse. “It's a convergence of all types of things online.” [22:03] Ken asks the guys how to guide a mid size business as they're seeking help in understanding and preparing for the metaverse. [23:15] Bob talks about what he believes will be the future of marketing. [27:01] Ken asks, “What are some practical steps that agencies can take to educate themselves?”. [32:56] Brad talks about an impactful statement by Steve Jobs and how that's influenced his view of the importance of practicality of technology. “Steve Jobs said one thing that always resonated with me. He said, “we don't try to sell something based on features. We sell them on how that product will change somebody's life. And then Zuckerberg did that video. He never showed how it's going to change people's lives. It was just for entertainment.” [35:00] Bob talks about some of the positive outcomes of the metaverse and begins a conversation that contemplates some of the creative applications of the metaverse. [43:07] Ken discusses how technology doesn't necessarily cause the issues, but rather it accentuates and increases them. [46:20] Ken, Brad, and Bob wish the listeners a Merry Christmas and Happy New Year!
Summary: On today's episode we talk about inflation and how to prepare your business for it. With the new year right around the corner, it's important to take time to consider what inflation will look like next year, and what modifications you need to make to combat it. It's important to check on your profit margin and see what investment options are available that could help your cash's value keep up with the inflation rate. Please know, we are not financial advisors, so please contact your real financial advisor to go over some options that could help your business with inflation. As a business leader, your mindset matters. Although it's tempting and easy to slip into a lack mentality, try to find the silver lining and stay hopeful. With some preparation, inflation doesn't have to be as scary as it sounds. Top 3 Curtain Pulls in this episode: Be proactive. When it comes to inflation, or any other finance issues in your business, don't just sit back and react to what's happening. As a business leader, you instead should actively look for ways to limit the negative impact inflation can have on your agency. “You're not reactive, but you're proactive.” Make sure your cost is efficient. Cost is one of the most important aspects to consider when preparing for inflation. Keep an eye on your cash flow and deal with any potentially threatening debt before everything tightens up. Use systems and automation to your advantage, and check on your subscriptions. “Your time is part of the cost.” Have an abundance mindset. The ancient Metacake proverb “Mindset Matters” could not be more true when dealing with or preparing for inflation. Once you have a “lack mentality”, it's hard to break out of it, and often can lead to a downward spiral. (the last thing you need when dealing with money issues). Try to find the silver lining, and stay hopeful and thankful. “don't get into a lack mentality that says, there's only so many pieces of the pie, and if I don't get mine, then I'm not gonna have it.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:35] Ken opens this week's episode with a chat about the upcoming holiday season and what gets the guys in the Christmas spirit. [4:09] Bob begins the conversation about this episode's topic, inflation. “I think it's a good time of year to start talking about 2022 and inflation in your business and your agency etc. And how do you prepare yourself for inflation?” [4:39] Ken discusses a few shocking third party stats concerning Black Friday and Cyber Monday sales. [6:36] Bob talks about the impact that Facebook and OS changes have had on the decrease in impulse purchases. [9:19] Brad asks, “how do we hedge against inflation and how do we do things to prepare now, before you get to the point where we're all feeling it.” [10:31] Brad talks about how he's looking at the cash he has since cash is what's being deflated. [12:22] Ken mentions some real-life examples that portray the crazy increase of inflation over the last 3 years. “I have a Christmas tree that I bought from Costco in 2018. Yeah. It's $200 More at Costco today.” [14:54] Ken talks about why he believes it's important to be shooting for over 30% profit. “If you're not ahead of it, it will creep up on you, you'll look back on it.” [17:49] Bob discusses how, “Salaries don't always keep up with inflation in every industry. And they should, to a certain degree.” [18:35] Bob talks about some practical things business owners can do to prepare, including the importance of paying close attention to your productivity. [19:23] Ken adds that it's vital to ensure that all costs are efficient. [22:36] Bob notes that focusing on cash flow can also help prepare your business for inflation. [23:00] Ken talks about how it is crucial to decrease costs and increase income. He also says that “cash is not king, but cash flow is king.” [28:51] Bob adds that automation wherever possible can help reduce costs. [30:13] Brad talks about the importance of being proactive when it comes to inflation. “You're not reactive, but you're proactive.” [31:53] Bob says that debt is often the downfall of businesses, so if you have debt, it's important to address that. [33:07] Ken mentions that taking on risk by investing in a “safe investment” will make more money than just holding onto the cash. [34:42] Brad advises the listeners to talk to your financial advisor to come up with a plan that will work best for your business. [36:36] Bob talks about evaluating and adjusting your rates. “It's probably easier to do it incrementally, a little bit at a time, like once a year for the next three or four years.” [38:17] Ken reveals some of his hacks for renewals. [40:36] Bob says that an abundance mindset is a game changer. “don't get into a lack mentality that says, there's only so many pieces of the pie, and if I don't get mine, then I'm not gonna have it.” [42:08] Ken talks about the silver lining in inflation. “the silver lining in this is like, there is 30% more cash out there.it's being spent and wants to be spent and all that kind of stuff. The one upside of it is there's not less cash, there's more.” [44:11] Brad concludes this episode by saying, “help your clients when they struggle through things like this. That builds a long lasting relationship.”
Summary: On today's episode we talk about the metaverse and predict what we think it is, what it does, and how business will change because of it. We discuss the differences between VR headsets versus Apple glasses as well as some of the ethics behind integration of technology into the human body. Technology has grown tremendously in the past 20 years, and if it continues along its growth pattern, the Metaverse is not far away. We believe that failure is a key part of success, but it's hard to fail when all the answers are at your fingertips. This is why we believe it's important to reject the silver platter of technology to find your own answers to solve problems. The metaverse is exciting yet unknown, so prepare your business the best you can, and be intentional with and aware of technology and its dangers. Top 3 Curtain Pulls in this episode: The Metaverse is a game-changer, not a game. Although the Metaverse is often depicted as this magical, incredible universe where anything is possible, research shows that the technology we currently have can harm humans. Because of this, we as business owners must lead by using technology for marketing and other things in an ethical way. “It's not gonna be a game like Ready Player One. The real Metaverse is going to be something where you live your daily life, and there's more technology that gives you insight and connection somehow.” Be intentional with how and when you use technology. One way to think of technology is like a chainsaw. It really helps when you're trying to cut down trees, making your job much easier. However when you try to use it on other projects, like building a wall, it can become a danger, especially if you don't know how to use it properly. Technology can be a useful tool but it is vital to keep the dangers of it in mind. “At what point does technology make us less human?” Reject the silver platter. With the tap of a few buttons, technology gives us solutions to almost any conceivable problem. Working hard to accomplish something, learning, solving problems, and failing are key parts to growing your business and becoming a more developed human being. You must reject the silver platter that is technology to continue to grow. “We're getting everything handed to us on a silver platter. The truth is we have to, in some places, willfully reject the silver platter and do it ourselves.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:48] Brad opens this episode by asking the guys about their holiday plans. [4:15] Bob begins a discussion about this week's topic, the Metaverse, and how it, “really is internet 3.0.” [4:46] Brad talks about how the metaverse could promote isolation and selfishness. [5:15] Bob makes a prediction about what he believes the metaverse will look like. “It's more augmented reality mixed with reality. That's the future. But maybe we'll get to a time where there's a true Metaverse of alternate reality. [6:12] Bob discusses VR headsets and why he does not think they're the future. [6:56] Brad talks about an alternative to VR, the Apple glasses. [10:36] Ken contemplates the fascinating and complex ethics behind technology integration into the human body. [12:17] Brad talks about how technology has grown over the past 20 years, and considers the damage technology can do. “Honestly, are we damaging a lot more of ourselves right now?” [14:11] Bob asks, “How are we as business people gonna push toward more ethical use of it?” [24:51] Ken talks about his predictions for the metaverse. [26:15] Brad discusses more possibilities for the Metaverse. “It's not gonna be a game like Ready Player One. The real Metaverse is going to be something where you live your daily life, and there's more technology that gives you insight and connection somehow.” [27:49] Bob connects the idea of the Metaverse to history and writing books. “This idea of outsourcing your brain. This argument has been going on for hundreds and hundreds of years.” [28:36] Ken talks about the importance of rejecting the silver platter to continue to learn and grow from doing hard things. [34:18] Bob asks, “at what point does technology make us less human?” [36:17] Brad talks about how self discipline with technology starts with families. [38:21] Bob discusses how, “Portugal passed a law. It is illegal for an employer to contact, email, and call an employee after work hours.” This prioritizes people over technology and business. [42:31] Ken talks about the importance of being intentional with your boundaries and using systems to avoid emergencies. [46:44] Ken considers the moral challenges of marketing on online platforms. “The reason it's harder now, is we have not only our own experience, we have hard data that says that these things hurt people.”
Summary: On today's episode we talk about RFPs and why we think they can and should be eliminated from your business strategy. RFPs can be genuine, but most of the time they're cost comparing races, rigged making it impossible for you to win. When your agency is pursuing an RFP, consider the value of your team's time, your resources, and potential clients the RFP could cost you. These are some of the reasons why we believe it's best to seek an alternate route. When the inevitable RFP pops up, one of the best ways to ensure high quality without losing time and resources is to create processes that are repeatable for future employees. When RFPs are individualized and frequently change, it increases the challenge of scaling your agency. Remember the Ancient Agency Exposed Proverb, “businesses run on processes, and people run the processes.” Top 3 Curtain Pulls in this episode: RFPs aren't required. Although RFPs can be helpful, they can often drain your agency's time, resources, and cost you other clients. Because of the high risk factor, it's vital to determine whether this company is using you for a quote or whether they genuinely want to work with you. One way to do this is to eliminate RFPs from your agency. “If you're really good at something, your time is gonna be really valuable...RFPs are a high risk waste of time.” Use clients' RFPs to your advantage. RFPs can be useful when used in the right way. After informing your client that you don't do RFPs, consider offering an alternative service where they pay a small fee for the completion of a task. This can add value to your client's business and increase your chances of gaining their business while also helping you filter out those just looking for references. “This is a little hack, at least for us, where this actually provides value to the client, but we say hey, your RFP doesn't look like it's the mark, would you like us to rewrite it?” Create processes that are scalable and delegatable when writing RFPs. When you do need to write an RFP, set up processes that others can use in the future. When RFPs are too diverse and individualized, it can make your business less scalable and efficient. “Businesses run on processes and people run the processes.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:32] Bob opens this week's episode. [1:44] Ken explains what freestyle Friday is. [5:01] Brad mentions that he and his agency are working on a RFP this week, sparking the topic for this week's episode. “I don't have a secret sauce for RFPs.” [9:00] Bob talks about how his agency does RFPs. “There has been a dedicated business development person that's been here for six, seven years. All she does is business development… She knows that we need to have four different ways of bios, we need to have three different ways of saying, here's our skill sets, here's case studies of, here's five different industries that we know we can pull from,” [12:52] Ken contemplates, “When we spend a maximum number of hours on an RFP, what's our win percentage? And when we spend zero minutes on an RFP, what's our win percentage?” [14:07] Bob discusses one of the primary challenges behind writing RPFs. “the problem that we deal with is like there's no uniform standard or process... you can't build something that there's no uniform process for.” [15:41] Ken talks about his agency's approach to RPFs, and how it helps them filter through potential clients. [17:17] Ken divulges one of his hacks for winning clients through their RFPs. “This is a little hack, at least for us, where this actually provides value to the client, but we say hey, your RFP doesn't look like it's the mark, would you like us to rewrite it?” [19:38] Ken discusses how he thinks, “it's borderline unethical on the client side to ask for that. Where you're like, I know that I'm gonna waste your time, but I'm still going to take it.” **21:14** I wanted to let you know that at this time stamp, Brad says “badass” in case you want to bleep it out. :) [22:36] Bob talks about his agency's approach to RFPs, and compares Ken's to his own. [23:59] Ken says that a small investment can help you determine if the client is serious about working with you or not. [26:17] Ken talks about how “if you're really good at something, your time is gonna be really valuable...RFPs are a high risk waste of time.” [27:51] Bob discusses the psychological aspect of differentiating your agency from all the others in RFPs. [29:22] Bob mentions a few positive aspects of taking the time to complete an RFP. [32:54] Brad asks about software that can help your team assemble quotes and proposals. [34:07] Ken says that, “the more customized or different your products are, the less scalable you are and the less delegatable you are too.” [35:10] Brad talks about the business adage, “businesses run on processes and people run the processes.” [36:58] Bob says that you should always break the seal to win for you. [37:56] Ken talks about how to use your differences to your advantage by clearly communicating to the client the reasons behind your differences and how they can benefit them. “There's a reason behind it and it's not selfishness. You can unpack those and communicate them in the right places.”
Summary: On today's episode, we talk about blockchain technology and how it could impact marketing. First of all, what is blockchain? It's a buzzword, not many understand. Blockchain is a decentralized technology that uses an online financial ledger, validated by the community. It is connected to past transactions using a hash to eliminate any fraud, interceptions, or manipulation. These “blocks” of financial information are all connected to form a blockchain. Translation: it's VERY honest. As an agency, it's vital that you conduct your own research about cryptocurrency and blockchain to improve your understanding of these revolutionary concepts. Ads on TV these days are extremely annoying, and they shouldn't have to be. It's important to be aware that through blockchain, which ads you see, and any incentives, could drastically change. Although technology is helpful, it is simply a tool, and should not define any moral standards. Ensure that you and your agency have a healthy balance of technology in your culture by allowing time without technology, and remembering your double-bottom-line. Top 3 Curtain Pulls in this episode: Be intentional about learning about blockchain. Do not write off the potential blockchain has to be as successful as the internet. Don't be the person who said “the internet will never change advertising”. Invest into understanding blockchain and how it works because someday soon, it may be a big part of the agency world. “embrace it. learn about it. Don't say ‘I don't get that'. It's possibly as revolutionary or more revolutionary than the internet” Ads need to become effective, not annoying. We can all agree that the worst part about live TV is the ads. Although many companies use TV advertisements with limited results, with blockchain, these types of ads could be more effective and appealing by using incentives, or allowing marketers to know your preferred ads. “People really hate ads. But it clearly pays for everything. There's got to be a better way.” Blockchain will impact the world much more than it already has; be ready. Blockchain could revolutionize numerous industries, including your agency's. Do not allow technology to set the standard for or be the enforcer of honesty. You can prepare for the changes ahead by building a healthy balance of technology in your agency's culture and becoming more adaptable. “Anything unbalanced is bad.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:38] Bob opens this episode by chatting about his new MacBook Pro, Apple, M chips, and Intel. [4:56] Brad talks about a positive experience with Facebook that he had recently. [7:42] Brad talks about BAT (basic attention token) and introduces today's topic, blockchain [10:13] Ken talks about how, “people really hate ads. But it clearly pays for everything. There's got to be a better way.” [17:30] Bob brainstorms a few ideas about how to make watching ads more effective and less annoying. [17:35] Brad discusses how although a consumer could offer information to marketing companies, these companies often discover things people don't know about themselves through cookies and targeted marketing. “there's things that I don't even know, in my subconscious that probably Facebook actually knows about me. I'm not going to be able to give that to Facebook, because I don't know that about myself.” [18:29] Ken talks about how blockchain can make information gathering be more transparent. [19:33] Bob breaks down what blockchain is. “In a nutshell, what you have is a decentralized system or method of transferring data back and forth that is secure and cannot be intercepted and manipulated.” [20:16] Ken adds that, “blockchain is the technology that coins like Bitcoin and those kinds of things run on. It's decentralized, but it's also a ledger.” [24:07] Bob talks about how blockchain could eliminate the central control centers in countries around the world. [26:07] Ken discusses the importance of being intentional about learning as much as possible about blockchain. He also talks about the potential areas blockchain could be applied to in the future. “embrace it. learn about it. Don't say ‘I don't get that'. It's possibly as revolutionary or more revolutionary than the internet” [29:41] Bob relates blockchain to virtual reality in Ready Player One. [32:03] Brad connects blockchain back to potential marketing strategies and ideas. [32:22] Ken adds on, saying, “you could basically pay people for what their time is worth and how much influence they have… maybe each person has their endorsements.” [34:04] Ken discusses the importance of unplugging to find freedom in life and to live in the moment. [35:19] Ken contemplates the moral issue that arises when humanity relies on technology as the only way to achieve honesty in a business and even personal settings. [37:12] Brad talks about how profit has driven, “our digital world to run on greed and power.” [41:43] Ken discusses the importance of balance in technology and in blockchain. “Anything unbalanced is bad.”
Summary: On today's episode, we chat with Marcus Meazzo about branding, and how to make a genuine brand that people will relate to. Marcus talks about what he believes is vital to build a brand that will last, and says that although people typically think of branding as a logo or slogan, this is only a small part of what great branding really is! He breaks down the process of building a brand into 4 main steps. The first is to find your identity. Figure out what your values and beliefs as a company are, what makes you stand out, and define your second bottom-line. Next you need to build tone and voice “pillars” to help you illustrate and explain your brand to the public and your customers. You must also create a consistent culture within your business to support your brand from the inside out. Finding and identifying your true target audience will also go a long way to increase the impact of your brand and product. Once you've built your brand, use it to make a special bond with your customers that will be unique to your agency and set you apart from the thousands of emails consumers receive daily. Having a relatable and authentic brand that reflects your identity can help your advertisements be more original, drawing attention and potential clients to your agency. Top 3 Curtain Pulls in this episode: Identify your identity. In order to build a brand, you need to first figure out who you are, what your values and beliefs are, and what makes you unique. From there, you can build your tone and voice pillars to help you articulate your brand to the public, create a unique culture, and find your target audience. “if it's something that's not really you, if it's not your values, if it's not the thing that really truly makes you unique, then it's not sustainable.” Use your brand to make a connection between you and your target audience. Once your brand has been created and consistently and accurately portrays your company's identity, then you can use it to connect with your target audience in a genuine and meaningful way. “Don't build campaigns, build conversations… people don't respond to ads, they respond to what they're interested in.” Keep it simple. Although your identity and brand are complex, your advertising should reflect these ideas in a simple, easy to understand way. This simplicity can reduce the likelihood of people ignoring your advertising, and sets it apart. Keep it simple and make sure it reflects your company's identity and brand. “if you are too complicated, people do not stop to look” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About our Guest: Marcus Meazzo: Principal owner of Meazzo Design Co. From aspiring start-ups to fortune 100 companies, Meazzo Design Co. blends strategy, design, and user experience to help business owners with their ah-ha's and turn them into influential brands. Learn more about Meazzo Design at meazzo.com Marcus on Facebook Marcus on LinkedIn About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from from 2000 -2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:27] Brad introduces this week's guest, Marcus Meazzo. “He has built brands for companies you might have heard of like PayPal, Dave Ramsey, Dr. Axe, hundreds of other awesome brands. So Marcus, welcome to Agency Exposed.” [3:47] Marcus chats about his eye-opening recent travels around the country in an RV before settling down in Wisconsin. “We were traveling around the country for about a year after we sold our house in Colombia” [5:54] Brad asks Marcus about his philosophy on good brands. “Talk a little bit about your philosophy and your background and things that you think a good brand has and what companies need to think about when they think about their brand.” [7:00] Marcus talks about the importance of knowing who you are and what your values and attributes are as a company. He also uses an analogy of how a house is decorated to illustrate important aspects of branding. “how are we going to help you get known? And what are you known for?” “What are your values? What are the things that you care about?” “if it's something that's not really you, if it's not your values, if it's not the thing that's really truly makes you unique, then it's not sustainable.” [9:39] Ken talks about how often you can tell which brands are genuine and which are facades. [12:53] Marcus says that “a brand can't be all things to all people, and they can't be who they're not” [16:19] Bob asks Marcus about how he communicates his brand to his customers and how that compares to how he communicated it a few years ago. [16:56] Marcus says that simplicity is key. “if you are too complicated, people do not stop to look” [18:00] Bob asks, “Do you have a process, Marcus, that you walk your clients through?” [18:49] Marcus talks about 4 key things to consider when building your brand. “values and beliefs would be first and then we would create pillars from that. We would understand the culture we want to be in so we really need to understand who we're talking to… Who are the people that are our ideal target audience… What are the attributes and benefits that would be a perfect fit between you and your customer?” [23:07] Brad asks about the best way to create brand consistency within your business. [24:16] Marcus says that the best way to create consistency is by, “making sure that what you're creating, they are actually bought into it.” [26:26] Ken uses Dave Ramsey's business as an example of how consistency strengthens your brand. “If you're not polarizing, you may not have a strong brand.” [26:51] Marcus talks about how Ramsey has regular meetings about the values of his business and how “he wants his people to practice what they preach.” [31:58] Brad discusses how “creating a brand off of a celebrity that everyone seems to already know and saying, if our brand was this, this is kind of the personality of the person helps other people identify” [36:37] Bob relates branding to marketing. “don't build campaigns build conversations… people don't respond to ads, they respond to what they're interested in.” [37:43] Ken asks how to brand your own business? [40:11] Marcus talks about the challenges of trying to “write your own resume” and how it is often easier to bring in someone from the outside. “Everybody needs someone, someone on the outside to come in and help get that stuff out of them.” [44:01] Marcus mentions a few of the questions that he asks his clients to get them thinking about what they want their brand to be about. [47:03] Ken concludes this week's episode by saying that, “I don't want to be known for a service, I want to be known for the result I created in the world.”
Summary: On today's episode, we talk about the ethics of marketing, and the struggle of balancing unhealthy manipulation and effective marketing. The truth is, with so much noise, many use lies to cut through. This creates a downward spiral where people no longer believe marketing messages. One way to defend against this is by defining who you are as an agency and what matters to you. When your true values and goals are displayed in your marketing, you can create moving advertisements as well as genuine customer-brand relationships. It's also important to have an aligned double bottom line in your agency. What we mean by this is to create two end goals or purposes for your business. The first can be monetary related, but the second should be related to a greater purpose. Once you can align these goals, they can work together to make your marketing honest and effective. Top 3 Curtain Pulls in this episode: Be honest in the little things. Ancient Agency Exposed Proverb: “In a world where all marketers lie, no one will buy.” Instead of using your customers' pain points or vulnerabilities against them, look for problems you can actually solve for them! Although a business' primary goal is to make money, this goal should never be attained by lying to get someone to buy. “there's a point in time where you're looking for more vulnerabilities in a person and not really solving the problem.” Have an aligned double bottom line. By having two bottom lines in your agency, you're more likely to become less focused on monetary gains, reducing any manipulative marketing that is occurring. These double bottom lines will also help you to build genuine relationships with your customers, rather than a typical one sided business relationship. “the double bottom line always has to align. if they don't, it's not a business.” Portray your true self in your marketing. As an agency, you must establish who you are and your beliefs and priorities. Once you've defined who you are, it will be easy to portray your true self in your marketing. This kind of culture and attitude will serve as a balance, catching any potential manipulative marketing, and helping you eliminate it from your strategy. “This idea of being less of our shadow and more of who we truly are in advertising and marketing is something that we need to talk more about and understand what that means.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently, that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:42] Bob opens today's episode with a chat about the local coffee shop and the origins of the names of types of coffee. [2:17] Brad begins today's discussion about manipulative marketing. He talks about how brand to client relationships often aren't genuine and instead are pretty creepy. “Can a brand be its true self and can a product stand on its own without having to feel like we constantly have to do things that will sell the product or say things that will manipulate people to get them to buy our product?” [4:39] Bob starts a discussion about the ethics of marketing when he asks, “what are the ethics or what should the ethics be behind advertising?” [5:32] Bob continues the conversation about ethics and considers the fact that the sales funnel in and of itself may not be an ethical way to treat human beings. [6:07] Ken talks about the pressure to use manipulative tactics in marketing and advertising today. [11:08] Brad contemplates the tipping point of solving problems for your customers and looking for their vulnerabilities that you can market to, without actually solving a problem. “there's a point in time where you're looking for more vulnerabilities in a person and not really solving the problem.” [12:36] Bob gives examples of how ads have changed over time and how they can manipulate the customer in new ways. He also talks about the two main philosophies of business. “A capitalistic society business's main goal is to satisfy the shareholders and make money. That's your only goal, that's one philosophy. The other philosophy is no, I want to leave the world a better place. I have purpose in my life as a human being and while I want to be successful and make money, I also have another bottom line and that is to _____.” [17:55] Brad discusses the awkwardness around brand-customer relationships, as well as some of the factors that contribute to it. [19:36] Bob asks, “At what point does it become manipulative?” [22:13] Ken talks about how manipulation can be used to motivate people and help them take action. “not all manipulation is bad. It can be used very badly. But if it's with the intent of ultimately helping the customer…” [25:59] Brad compares pain points and vulnerabilities and contemplates the ethics of seeking out consumers' pain points. [28:10] Bob talks about the importance of knowing who you are as a brand and being able to portray your true self in marketing. “This idea of being less of our shadow and more of who we truly are in advertising and marketing is something that we need to talk more about and understand what that means.” [33:24] Ken highlights the importance of having an aligned double bottom line. “the double bottom line always has to align. if they don't, it's not a business.” [34:53] Bob talks about how vital an agency's culture is and considers the question, how do we perfect selling our product? “until you create, and fight for and do the hard work of building that type of culture inside an organization, it's not going to change for your agency” [37:02] Ken discusses the importance of quality leadership when ethically marketing. “let's not destroy someone's inbox for no reason.” [40:50] Bob talks about the tragic reality that manipulative marketing actually harms people.
Summary: On today's episode we break down the pros and cons of investing in technology and other tools. It's important to understand exactly what you're investing in and what it will do to help accelerate your business. Technology is a vast, evolving field so it's also important to ensure that your information and assets are thoroughly protected. One of the ways you can achieve this is through redundancy. Protect the information that makes your business unique by keeping an updated, spare copy. While technology and tools can really benefit your agency, allowing your business to rely on a single platform, or tool, is deadly. Also, forgetting that you have 27 different tools for 2 jobs is definitely very costly. Being aware, thoughtful, creating redundancy, and assessing your tools will help your agency be ahead of the curve. Top 3 Curtain Pulls in this episode: Know exactly what you're investing in, and why. Technologies are the tools of the trade in the agency world. But if you're not careful, you'll quickly become bloated. “The point is to invest into it and to be aware of it.” Create redundancy. In the agency world, we are always creating various kinds of information. This information is what allows our businesses to exist and succeed. It's our IP and it's critical to clients. Your information is most likely your entire business. In order to protect your information, redundancy is a must. Protect your ideas and information by storing them in more than one place. “You're making information, so you gotta protect that.” Evaluate your tools to become self-sufficient. Services, subscription, platforms, and other tools can be incredibly helpful, but if you're not careful they'll run away with your profit. Have you ever had 12 different TV subscriptions so that you can watch every single NFL game, yet never ue them? This can happen with your agency's tools, and with these applications, the bills really stack up. This is why it's important to regularly assess your tools and determine how your agency would be affected if they suddenly were gone. “What type of technology are we relying on that if it went away would hamper our business?” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently, that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:44] Brad opens today's episode by talking about Bob's radio voice and the new Apple iPhone 13. [1:59] Brad asks the guys, “When is the right time to make some upgrades or to give your employees some new gadgets? When is the right time to invest in technology?” [4:27] Brad talks about what technology he provides for new, full time employees, and how he wants their first day at Anthem Republic to feel like Christmas. [7:50] Ken discusses his strategy for preventing a buildup of unused computers. [8:23] Ken says that investing into your employees by providing them with technology that will help them be more productive or produce better results will pay for itself. He also asks, “From a security side of things, how do you control all these laptops and what's on them, to the level that you need to for your business?” [11:11] Bob asks about other kinds of tech and talks about evaluating their usage and value on a yearly basis. [11:31] Brad talks about automation and his timeline for upgrading technology. [12:23] Ken contemplates the psychological aspect of opening a new computer box from Apple. [13:36] Bob discusses the importance of redundancy. He also continues the conversation about evaluating the tools your company relies on and how a shutdown could negatively affect your business. “What type of technology are we relying on that if it went away would hamper our business?... How do we keep on top of that, and always have redundancy in a backup?” [15:13] Ken recommends that every laptop should have a ‘backup cloud' backup solution that is different from Dropbox to protect the information that your business runs on. [17:45] Ken talks about physical hard drives and other methods of protection for your information. “You're making information, so you gotta protect that.” [18:04] Brad discusses his perspective on hard drives and redundancy. [21:30] Bob talks about the questions he asks his employees to, “Keep us thinking about how to be redundant and self-sufficient, but it also keeps us ahead of the curve.” [27:11] Ken talks about the importance of awareness when your agency has many third party tools, and how those subscriptions can really add up. [29:11] Bob discusses a cost reducing method where your clients pay a fee of some sort that helps cover the cost of the third party tools you use. “If you do have an expense like that where you have a subscription figure out ways to charge the clients and encourage them pay for that subscription.” [32:10] Brad considers how to make sure that your data on the cloud is protected in the future. [33:08] Ken talks about how, “There is always a backdoor for the government to be able to get access to any data for any company.” [38:05] Ken concisely summarizes his perspective on investing in technology when he says, “I think the point is to invest into it and to be aware of it.” [42:05] Bob talks about how to be a leader for your agency when investing in technology. [46:02] Bob mentions a book called “This is How They Tell Me the World Will End” that is about cybersecurity and vulnerability. [49:41] Ken says that it is crucial to have a strategic mindset and stack the odds in your favor. [50:36] Bob concludes this episode by briefly talking about ensuring that your agency has cybersecurity from all angles.
Summary: In today's episode we talk about a variety of topics, but focus on three main ideas. The first is to never place your business solely on a platform that you don't control. It leaves you subject to the whims of the company that owns the platform. This is a hard lesson to learn, but luckily there are some tricks. Because of the recent improvements made to preserve privacy, targeted marketing has recently been severely restricted by Facebook. Second, is to find some alternative Facebook targeting. We also talk about how the marketing circle is rotating back to TV and magazine ads also because of privacy concerns. Maybe you should be transitioning your strategy. Top 3 Curtain Pulls in this episode: Never rely on a platform you do not control for your core business. We've talked about this in another episode, and today we discover the painful consequences when you entrust your ads to a platform that has a personal agenda. At the flick of a switch, your ads can be immediately shut down. “You can't rely on Facebook anymore.” Be prepared. Privacy changes are pushing the marketing cycle around. Due to the recent privacy changes from Apple, Google, and Facebook, traditional marketing is becoming more of an opportunity. “I think things are coming back around, full cycle… and I think there's going to be an opportunity there soon.” Optimize your site and use Facebook targeting hacks to gain leads. Though Facebook may be continuing to trim back their targeting options, there are some 3rd party tools that can help gain more targeting, without invading anyone's privacy. “Google's been rewarding. A lot of really good mobile schema.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently, that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:49] Brad open's this week's episode by talking about Detroit's annual electronic music festival and Houdini. [5:13] Brad talks about his recent, frustrating experience with Facebook. “You can't rely on Facebook anymore.” [10:56] Bob gives some secret Facebook marketing hacks. [14:54] Bob offers some suggestions to help with getting leads in the midst of Facebook's limited targeting options. [16:09] Bob talks about how optimizing your site can help Google “like it”, which will also help with clients, rankings, and traffic. He also asks, “Have you guys ever used any content discovery ads, like Taboola or Outbrain?” [16:52] Ken answers Bob's question and offers some alternative, more effective solutions than content discovery ads. “I would suggest… serve ads for content, on Facebook. If you've got great content, do “dollar a day” Facebook ads. That has proven to be much more effective than those content ads.” [19:51] Ken talks about how he thinks the marketing circle is coming back around to tv and magazine ads because of privacy. [20:53] Ken asks about trade shows, opening a discussion about that industry and its evolution over the past 2 years. [24:13] Bob discusses his zoom fatigue article and ties it into the discussion about trade shows. [29:35] Bob begins a discussion about Facebook's smart glasses, along with their competitors and the smart glasses market. [33:15] Brad considers an alternate universe where Elon Musk has created smart glasses and how there is a potential for smart glasses to help disabled people.
Summary: In today's episode, we break down some of the ways that we maintain predictable revenue. Retainers can be used by any agency to keep their income consistent. But they bring other potential issues. It's also important to invest in a great team that consistently does great work. This is a simple yet effective way to increase returning clients and has the potential to increase your revenue. “Your journey towards predictable revenue is never over.” -Ancient Agency Exposed Proverb Top 3 Curtain Pulls in this episode: Use retainers. Retainers are the traditional way to create predictable revenue streams. But not all retainers are good. And not all revenue should be retainer based. Be sure to understand the pros and cons of retainers and the appropriate mix of retainer and project income. “if we didn't have 50% of our billings being retainers, it would be a lot more difficult to manage our cash and understand what's coming in.” Don't accept seasonality; do something about it. Although most businesses have some form of seasonality, don't allow your agency to be dictated by the seasonality of one client type or industry. You must diversify. Diversify across industries with opposite seasonality. Diversify across industries that serve opposite ends of the spectrum. Like an investment portfolio, you want business that will thrive no matter what time of year and no matter what the economic environment. “there's always something to do. The challenge is, is does that something create revenue right now or in the future?” Invest in an excellent team that does excellent work. When you shop at a retail store and have a great customer service experience and a high quality product, you are much more likely to return to that retail store. This concept is the same with agencies. Investing in an excellent team that does excellent work is a simple yet effective way to increase returning customers and potentially, income. “the way that you engage customers and clients has a lot to do with the stability of your income.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently, that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [1:26] Brad open's today's episode by discussing this week's topic. He asks, “How do you stabilize your revenues so that there's some consistency, over a longer period of time?” [2:18] Ken asks about the seasonality of Brad and Bob's agencies. [3:09] Brad talks about how although some months are lower than others, it has become more predictable. [3:51] Ken says that as an agency, “you should never accept seasonality.” [4:43] Bob mentions the role outgo plays when an agency is stabilizing their income. He also says that “the way that you engage customers and clients has a lot to do with the stability of your income.” [9:52] Brad talks about the challenges of not having retainers. [11:15] Ken mentions the importance of having foresight when trying to stabilize your income. [11:53] Ken talks about how oftentimes with seasonality, it can be feast or famine. [13:31] Ken discusses how, “it's a challenge to not get into a scarcity mindset.” [14:40] Bob talks about how investing in excellent people and doing excellent work can help stabilize your income. [17:42] Bob begins a discussion that unpacks the various meanings of retainers [20:04] Ken talks about how his agency uses different retainers and some potential incentives to help convince clients that a retainer is in their best interest. [22:34] Bob mentions his agency's use of retainers and some of the methods they use. [24:26] Brad discusses the way his agency uses retainers and points out that even retainers are flexible and can change. “if we didn't have 50% of our billings being retainers, it would be a lot more difficult to manage our cash and understand what's coming in.” [27:16] Bob asks, “What are other ways that you can stabilize your income?” [33:17] Brad talks about how, “as agencies, we don't plan out our customer business correctly.” [34:09] Bob tells a story about how he used a client's desire to move funding from his agency to work with another agency as an opportunity to suggest other ways his agency could help them. “there's always an opportunity, there's always something you can do for that customer” [36:42] Brad talks about how seasonality can make you feel like, “we're either hustling or double hustling.” [37:34] Ken discusses how even during a lower season, agencies should always have something to do that either brings in other sources of income or invests back into the agency. “there's always something to do. The challenge is, is does that something create revenue right now or in the future?” [38:45] Ken wraps up by talking about the scarcity mindset and the challenges of trying to get out of it. “the leader needs to have a mindset of balance and stability.”
Summary: In today's episode, we dive into the evolving world of ecommerce. Every agency should be executing their services on their own business to gain valuable experience and learn how to truly innovate. There's no way to truly innovate if all you do is work on other people's projects. We talk about channel diversification and marketing diversification. Although Facebook ads and Amazon can be helpful tools, you don't want a primary source of your revenue dependent on 3rd parties. Ecommerce is more complicated than most people think and we jump into the advanced side of the pool today. Top 3 Curtain Pulls in this episode: Innovate on yourself. Let's be honest, you can't innovate without being able to fail and failure isn't exactly what you're hired for. So, if all you do is work on other businesses projects, you don't have the ability to truly innovate. You need playgrounds of your own. “ “By definition, agencies aren't the most innovative people, because, by definition, they're hired to not fail, and innovation takes being able to fail” Platform diversification. Imagine that you're solely using Facebook ads to market your product and suddenly, they get shut down. You would lose a primary source of revenue at the whims of others in power. This is why it is crucial that you're in control of your ecommerce platform. “Never ever, ever build your strategy on a platform that you do not own and control.” Think competitively. A business is solely used as a tool to make money, so it's acceptable and even encouraged to be competitive. Make a list of all of the apps, websites, and tools your business uses on a daily basis and then figure out how to be less dependent on them. By being independent, unique, and competitive, you can give your business an edge that will set you apart. “Start thinking competitively versus being dependent.” For more tips, discussion, and behind the scenes: Follow us on Instagram @AgencyPodcast Join our closed Facebook community for agency leaders About The Guys: Bob Hutchins: Founder of BuzzPlant, a digital agency that he ran from 2000-2017. He is also the author of 3 books. More on Bob: Bob on LinkedIn twitter.com/BobHutchins instagram.com/bwhutchins Bob on Facebook Brad Ayres: Founder of Anthem Republic, an award-winning ad agency. Brad's knowledge has led some of the biggest brands in the world. Originally from Detroit, Brad is an OG in the ad agency world and has the wisdom and scars to prove it. Currently, that knowledge is being applied to his boutique agency. More on Brad: Brad on LinkedIn Anthem Republic twitter.com/bradayres instagram.com/therealbradayres facebook.com/Bradayres Ken Ott: Co-Founder and Chief Growth Rebel of Metacake, an Ecommerce Growth Team for some of the world's most influential brands with a mission to Grow Brands That Matter. Ken is also an author, speaker, and was nominated for an Emmy for his acting on the Metacake Youtube Channel (not really). More on Ken: Ken on LinkedIn Metacake - An Ecommerce Growth Team Growth Rebel TV twitter.com/iamKenOtt instagram.com/iamKenOtt facebook.com/iamKenOtt Show Notes: [0:58] Bob opens today's episode with a quick chat about last week's episode. [2:28] Bob begins today's conversation about ecommerce. [3:15] Ken talks about Black Friday and some of his expectations for it and the future of ecommerce. [4:47] Ken discusses his philosophy that, “Every agency should be doing ecommerce themselves” [5:02] Ken mentions how important it is to effectively plan for the holiday season, especially when it comes to ecommerce. [6:19] Bob says that it is crucial for agencies to develop their own products so that they can experiment with ecommerce and gain some valuable experience. [6:43] Ken talks about how, “Innovation takes failing” [10:14] Brad discusses how addictive ecommerce can be.“It's so addictive, when it's working” [12:52] Ken talks about the amount of risk he believes an agency should take regarding ecommerce and marketing. “If you're running Facebook ads, you have no control over the revenue, or if someone buys. All you have control over is can I get someone to click on this thing… You're walking into a potential minefield, and that's bad.” [16:27] Ken discusses the true complexity of ecommerce and some of the factors that influence it. “It is a lot more complicated than people think… There's a perception that ecommerce is just like a magic slot machine.” [22:04] Ken talks about the three stages of ecommerce he typically sees. [24:46] Ken breaks down the issue of measuring a business by their lifetime value. [25:41] Brad asks, “What percentage is ecommerce driving revenues for most customers?” [27:15] Ken discusses how, “The platform that you can control the most or the channel you can control the most needs to be the biggest channel. And that's ecommerce.” [28:33] Bob asks how the Amazon effect impacts those in ecommerce. [34:06] Ken talks about how having a unique brand is vital when trying to transition from selling on Amazon to selling on your ecommerce site. “Brand specifically plays a role in increasing the value.” [35:43] Bob says that an agency should, “Never ever, ever build your e commerce strategy on a platform that you do not own and control.” [44:59] Brad asks what platforms Ken would suggest for agencies who are getting started on their own ecom. [50:50] Bob uses two analogies to drive home the importance of having your ecom primarily on a site or platform that you control and that competition is not a personal thing but rather a part of business. [54:51] Bob summarizes his two takeaways from this week's episode. “Start thinking competitively versus being dependent.”... “Have a short term vision and goal for ecommerce, have a midterm and then have a long term vision goal.” [1:01:12] Brad talks about his agency, Anthem Republic. “You can find us at anthemrepublic.com and you can see the type of work we do there, the clients that we work for, some case studies, and a lot of fun videos on how we think.” [1:01:35] Ken talks about his hybrid agency, Metacake. “Our hybrid agency is metacake.com. We have a store at store.metacake.com where you can see some of our t-shirts and apparel and those kinds of things. We also have a YouTube channel.” [1:02:14] Bob wraps up today's episode by talking about his agency, Five by Five. “I'm at 5by5agency.com and we do lots of different things. But we primarily focus on research, strategy, ecommerce, marketing, and creative.”