Podcasts about ramsay innovations

Are your decisions guiding you to where you want to take your business? As an agency owner, you should focus your decisions on data to increase revenue, improve profits, and ultimately improve cash flow. In this episode of The Agency Blueprint, Jon joins me to discuss the science of agency decision-making and why all decisions should be guided by data. Jon Morris is the Founder and CEO of Ramsay Innovations, a tech-enabled finance and strategic planning company that helps marketing agencies drive success. He was also the Founder and CEO of Rise Interactive, an award-winning full-service digital marketing agency. Don't miss this episode to learn more about the importance of having an operational account, savings account, and media account as a general rule for any agency. Key Questions: [02:22] What key decisions did you make at Rise that allowed you to scale your agency? [14:54] What's your typical advice to clients about how much cash they should have as it reflects in their operational expenses? [21:48] If you were to select one or two things in each category to grow revenue and cash, what would you advise? What You'll Discover: [02:32] Jon explains why scaling an agency should be primarily based on revenue, profit, and cash. [05:13] How to increase the percent of your revenue on sales and marketing as a key metric in scaling your business. [10:21] Strategies to make revenue/profit and invest it back to the sales and marketing piece of your agency. [15:05] Why you should have at least two to three bank accounts as a general rule to manage operations, savings, and media expenses. [18:52] The advantages of having available cash/resources in your agency to support strategic business operations. [22:12] The three metrics that matter when you think about growing revenue, plus recommendations on how to best deliver revenue. Connect with Jon: LinkedInFree eBook: Decision-Making Science for Agencies

Unlock the power of data with Jon Morris as he dives into the world of data-driven decision-making. In this episode, Jon shares the critical role data plays in identifying market opportunities and achieving remarkable growth. Discover how smart budgeting, revenue growth strategies, and harnessing your target audience can set you apart in highly competitive industries. Listen in and gain insights that can supercharge your business.   More about Jon: Jon Morris is the Founder & CEO of Ramsay Innovations and a serial entrepreneur. Prior to Ramsay, he established Rise Interactive in 2004. Over the past 16 years, he grew Rise from a one-person shop to one of the largest independent marketing agencies in the world. After selling Rise, Jon pondered his next move and realized that he was most energized when connecting and helping fellow entrepreneurs grow their businesses. Want to find more from Jon? Check out… ramsayinnovations.com   ------------------------------------------------------------------ Want more Business Choreography?  Check out… Business Choreography Website  Join The Business Choreography Group  Text Us "CHOREO NOW" To Get Started: 385-442-7188   Need the tech to build your Business Choreography? Check out.... ChoreoSuite   Connect With Michael Johnson: LinkedIn | Instagram | Facebook | YouTube | Twitter | TikTok

Jon Morris is the Founder and CEO of Ramsay Innovations, helping businesses quickly scale through financial education and strategic funds allocations. Before joining Ramsay Innovations, Jon founded Rise Interactive, a full-service internet marketing agency — growing it from a $10,000 bootstrap business to one of the largest independent digital agencies. Beyond his leadership responsibilities, Jon is an Advisor for Fiscal Advocate and was an Advisory Board Member at Pixability for nearly five years. In this episode… Failure is inevitable when growing a business. What distinguishes successful business owners is their ability to learn from previous mistakes. Jon Morris, a serial entrepreneur, turned a loss into a learning opportunity when he bootstrapped his second entrepreneurial venture and grew it into one of the most prominent digital marketing agencies. As a marketing principal, it's crucial to understand your niche and keep up with industry trends to pivot when necessary. Have a clear vision, including understanding the types of employees needed to propel your business. To ensure you hire high-performing talent, consider designing a meticulous interview process and an assessment with a desired passing rate. Through reflection, entrepreneurs can identify business strategies in need of improvement.  In this episode of The Growth Fire Podcast, Jon Morris, Founder and CEO of Ramsay Innovations, joins Kevin Hourigan to share his growth journey as an entrepreneur. Jon discusses using failures as learning lessons, rigorous acquisitions for hiring elite talent, and sales strategies for generating new business.

Join us in this episode as we explore the secrets of incremental growth and the strategic decisions that lead to incredible success in the world of business. Our guest is CEO of Ramsay Innovations, Jon Morris. He shares valuable insights into his approach to business, focusing on budgeting, financial acumen, and building a superstar team. Discover how an incremental mindset and strategic decision-making led to double and triple-digit growth year after year. Key Points: Starting Small and Incremental Growth: $10,000 in seed money, adopting a marathon-style approach for continuous growth. Long-Term Mindset: Committing to the long haul and reinvesting in the business each year for sustained success. Learning from Others: Humble admission that 99% of knowledge comes from learning and implementing ideas from others. Benchmarking and Financial Acumen: Utilizing benchmarking numbers like 20% year-over-year growth target for financial acumen. Building a Superstar Team: Emphasizing hiring and retaining exceptional talent to achieve extraordinary results. Budget as a Strategic Plan: Viewing the budget as a strategic plan, allocating resources wisely for growth. Improving Gross Margin: Increasing sales and marketing budget through profitable customer servicing. Salesperson Effectiveness: Understanding that new salespeople take time to become effective, typically around six months. Budget Allocation: Allocating budget based on existing and new revenue figures for detailed expense planning. Cash Reserves: Maintaining cash reserves of at least two times monthly overhead for unexpected challenges or opportunities. Budget Frequency: Creating an annual budget and engaging in quarterly re-forecasting for expense management and goal alignment. Communication and Accountability: Regularly communicating budget goals, reasons for changes, and planned actions to keep the team aligned and accountable. Quotable Moments: "Rather than weeks, I'm going to think of it as years. Rather than miles, I'm going to think about it as dollars." (00:07:10) "If you want to create a large company, then you have to determine what are the milestones you need to achieve to help you get there. And then once you understand what those milestones are, you have to budget for them." (00:08:26) "I focused on top-line growth. Eventually, I switched to focusing on EBITDA. But those were big decisions that I needed to make that allowed me to invest more in sales and marketing." (00:08:53) LINKS: http://www.ramsayinnovations.com https://twitter.com/ramsayinno https://www.linkedin.com/company/ramsay-innovations-llc/ https://beefymarketing.com/ https://beefymarketing.com/blog/ https://beefymarketing.com/small-business-nation/

This week on the Digital Velocity Podcast, Jon Morris of Ramsay Innovations joins Erik and Tim to discuss how agencies can develop successful financial infrastructures to help make informed, data-driven decisions that will lead to growth. https://www.digitalvelocitypodcast.com/episodes/45-developing-a-successful-financial-infrastructure-jon-morris  

Jon Morris is founder & CEO of Ramsay Innovations, one of many companies he has created as a serial entrepreneur. At the age of 30, he started the digital marketing agency Rise Interactive. When Jon sold Rise 16 years later, it was one of the largest Independent Digital Agencies in the world. Much of Rise's success was due to having a financial infrastructure that provided insights that led to sound strategic planning, which enabled Jon and the Rise team to make the right decisions quicker and more often. Through Ramsay Innovations, Jon's new passion is to help other agencies grow and thrive through finance, just as Rise did. The PR Podcast is your view inside the public relations business. We talk with great PR people, reporters, and communicators on how they weave narratives that are informative and fun.  Host Jody Fisher has worked in New York City PR for more than 20 years, representing clients across the healthcare, higher education, financial services, real estate, entertainment and non-profit verticals.  Join the conversation on Facebook, Twitter, Instagram and TikTok at @ThePRPodcast. --- Support this podcast: https://podcasters.spotify.com/pod/show/theprpodcast/support

In today's world, marketing and digital agencies play a crucial role in the growth and success of businesses of all sizes. These agencies have revolutionized the way brands communicate with their target audience, but they often face significant financial challenges that can impede their progress. Financial management is not always their strongest suit, and as a result, they often struggle to maximize profitability, generate cash flow, and scale their operations. However, this doesn't have to be the case. Jon Morris is an experienced entrepreneur and the CEO of Ramsay Innovations, a financial performance management consultancy for marketing and digital agencies. With over 20 years of experience in the marketing and digital space, Jon has a deep understanding of the unique financial challenges that agencies face. He is passionate about helping agencies unlock their full financial potential and delivering world-class financial performance. Today, he will be discussing budgeting, forecasting philosophy, analyzing your KPIs, and having insights-driven finance for the success of your business, and how he has helped numerous businesses achieve financial success. Resources Ramsay Innovations Official Website: Ramsay Innovations Youtube Channel Jon Morris LinkedIn Ramsay Innovations Facebook

Visit thedigitalslicepodcast.com for complete show notes of every podcast episode. In this episode of The Digital Slice Podcast, Brad Friedman and Jon Morris, founder & CEO of Ramsay Innovations, talk about a framework you can use to grow your business, with an emphasis on spending money on sales and marketing. At the age of 30, Jon Morris started a digital marketing agency called Rise Interactive. When Jon sold Rise 16 years later, it was one of the largest Independent Digital Agencies in the world. Jon's framework for growth is the foundation of this episode and is applicable across a variety of verticals to help business owners scale their companies.

Jon Morris is the Founder and CEO of Ramsay Innovations, a tech-enabled finance and strategic planning company that helps marketing agencies drive success. Jon was also the Founder and CEO of Rise Interactive, an award-winning full-service digital marketing agency. With $10,000, he turned it into one of the largest independent digital agencies. Much of Rise Interactive's success was due to its financial infrastructure which provided insights that led to sound strategic planning. Jon Morris, the Founder and CEO of Ramsay Innovations, joins John Corcoran in this episode of the Smart Business Revolution Podcast to talk about entrepreneurship and his work in early digital marketing. Jon also talks about starting Rise Interactive, the company's evolution over the years, and how he has structured his new company.

Jon Morris is the founder & CEO of Ramsay Innovations and a serial entrepreneur. Prior to Ramsay, he established Rise Interactive in 2004,with prize money from his second-place finish in the University of Chicago's prestigious New venture Challenge. Over the next 16 years he grew Rise from a one-person shop to one of the largest independent marketing agencies in the world, selling in 2018. While pondering his next move, he realized that he was most energized when connecting and helping fellow entrepreneurs grow their businesses. Ramsay Innovations' mission is to transform marketing agencies by providing them with world-class, agency-specific finance management and strategic planning at a fraction of the cost. In this episode, Lee, Audrey and Jon discuss: -Current landscape of agencies in the U.S. and prediction for 2023 given a possible recession -The huge opportunities Jon sees for agency sales reps this year and methods to grab more market share -How to expand owned and earned media -EBITA for agencies and recommended percentages to keep this year -How to scale up your sales departments to drive growth and gross margins he recommends for 2023 -Jon's methods for accurately budgeting and forecasting for the year "The biggest mistake agency managers make is the lack of understanding how to use financial insights to improve decision making that will lead to more profits, cash and growth." - Jon Morris Build Credibility and Effective Leadership with the Manage Smarter Podcast Join hosts Audrey Strong and C. Lee Smith every week as they dive into the aspects and concepts of good business management. From debunking sales myths to learning how to manage with and without measurements, you'll learn something new with every episode and will be able to implement positive change far beyond sales.   Connect with Jon Morris https://ramsayinnovations.com/ https://www.linkedin.com/in/jonmorrisramsayinnovations/ Connect with Manage Smarter Hosts ·         Website: ManageSmarter.com  ·         LinkedIn: Audrey Strong                                                                 ·         LinkedIn: C. Lee Smith   Connect with SalesFuel ·         Website: http://salesfuel.com/  ·         Twitter: @SalesFuel  ·         Facebook: https://www.facebook.com/salesfuel/      Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on The Casey Adams Show I sat down with Jon Morris. Jon Morris is the founder & CEO of Ramsay Innovations and a serial entrepreneur. Prior to Ramsay, he established Rise Interactive in 2004, with prize money from his second-place finish in the University of Chicago's prestigious New venture Challenge. Over the next 16 years he grew Rise from a one-person shop to one of the largest independent marketing agencies in the world, selling in 2018. While pondering his next move, he realized that he was most energized when connecting and helping fellow entrepreneurs grow their businesses. Ramsay Innovations is the product of this inspiration. Like at Rise, Jon developed a proprietary, tech-enabled approach for surfacing hidden financial insights that drive critical business decisions. Ramsay Innovations' mission is to transform marketing agencies by providing them with world-class, agency-specific finance management and strategic planning at a fraction of the cost. Learn more about Ramsay Innovations Connect with Jon Morris on LinkedIn - Subscribe to The Casey Adams Show on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-casey-adams-show/id1328795944 Follow me on social media: Instagram: https://www.instagram.com/casey Twitter: https://www.twitter.com/CaseyAdams  TikTok: https://www.tiktok.com/@caseyadams YouTube: https://www.youtube.com/@CaseyAdams - Follow The Casey Adams Show on social media: Instagram: https://www.instagram.com/caseyadamsshow Twitter: https://www.twitter.com/CaseyAdamsShow TikTok: https://www.tiktok.com/@caseyadamsshow YouTube: https://www.youtube.com/@CaseyAdamsShow Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jon Morris is the founder & CEO of Ramsay Innovations and a serial entrepreneur. Prior to Ramsay, he established Rise Interactive in 2004 with prize money from his second-place finish in the University of Chicago's prestigious New Venture Challenge. Over the next 16 years, he grew Rise from a one-person shop to one of the largest independent marketing agencies in the world. After selling Rise, Jon pondered his next move and realized he was most energized when connecting and helping fellow entrepreneurs grow their businesses. Ramsay Innovations is the product of this inspiration. Like at Rise, Jon developed a proprietary, tech-enabled approach for surfacing hidden financial insights that drive critical business decisions. Ramsay Innovations' mission is to transform marketing agencies by providing them with world-class, agency-specific financial management and strategic planning at a fraction of the cost. What you will learn about in this episode: Jon's innovative framework around how agencies can fuel growth with a system of financial planning The core philosophy of Jon and his team Why differentiation is crucial for agency growth The four different concrete goals Jon highlights for growing agency revenue Why agencies should believe in marketing as well as prioritize it for the greatest impact How Jon helps other agency owners grow by applying the analysis process he built Resources: Website: https://ramsayinnovations.com/ LinkedIn Personal: https://www.linkedin.com/in/jonmorrisramsayinnovations/ LinkedIn Business: https://www.linkedin.com/company/ramsay-innovations-llc/ Facebook: https://www.facebook.com/RamsayInnovations Twitter: https://twitter.com/RamsayInno Additional Resources: Visit our newly expanded “Resource Library“ Join us in our free “How to Fill Your Sales Pipeline” Facebook Group LinkedIn: www.linkedin.com/in/stephenwoessner/

Are you tracking your agency's gross margin? How about the EBITDA? KPIs are super important and something every agency owner should be aware of. But which KPIs you track depends on the priorities you set for the agency. Do you want to grow fast? Are you planning to sell soon? Having a clear vision and goals makes a difference when it comes to what you're measuring. Today's guest shares the most important KPIs he believes all agencies should be keeping track of and what you can do if some of them dip below where they should be. Jon Morris is the CEO of Ramsay Innovations, a company dedicated to helping agencies get greater insights out of their finances so they can grow at a faster rate. In his area of specialty, Jon is used to advising companies on ways to improve their finances and now shares some of that useful insight. In this interview, we'll discuss: The most important KPIs for agencies. What to spend on sales and marketing. Revenue as a percentage of client base. Dos and Don'ts of using a line of credit. Sponsors and Resources E2M Solutions: Today's episode of the Smart Agency Masterclass is sponsored by E2M Solutions, a web design and development agency that has provided white-label services for the past 10 years to agencies all over the world. Check out e2msolutions.com/smartagency and get 10% off for the first three months of service. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM How a Minority Investment Can Help Growth Jon started working from his home in 2004 in an agency called Rise Interactive. Several years later, he took a minority investment and grew it into one of the largest independent digital agencies, managing about $250 million in media before he sold it. When he took the minority investment, his agency's fees were around $20 million. At the time, he wanted to invest more in sales and marketing. Their mission as an agency was to be the leader in leveraging data to help brands make smarter marketing decisions. However, the reality is that if you line up 50 agencies they would all say that they are data-driven. They had to answer why they were more data-driven than the rest. $20 million in fees may seem like quite a lot. However, the cost of building technology and putting together a sizeable team is a major investment. Looking back, he knows taking the minority investment was the best move because back then he just didn't have the capital for the technological investments. When you build technology you need a fully dedicated team that eats, sleeps, and dreams the product. Every agency has a very standard leadership structure, with a client service team, a sales a marketing team, and operations and finance teams. In their case, they added another pillar that was product development and strategy, which included: UX developers Engineers Product developers Development Operators Quality Assurance The Most Important KPIs for a Digital Agency For Jon, the most important KPI for an agency is gross margin, which is different from adjusted gross income. The first thing you need to do to get to your gross margin is to know your revenue. He breaks revenue into two categories: gross revenue and net revenue. Having worked with many agencies by now, Jon knows it's not very easy getting these numbers. Often times it's a matter of getting the data clean to figure out net revenue vs. gross revenue. A lot of agencies are very focused on payroll divided by revenue as a ratio. However, payroll generally includes everything from sales and marketing to operations. What you want to do is get to your costs of service. To do that, you need to go through every single line item to determine whether or not it is dedicated to client work. If you have an employee that is dedicated to a client's paid search campaign, then that's going to be a cost of service. On the contrary, an employee dedicated to HR is not a cost of service. On average, his clients are at a 40% gross margin when they start working with his agency and their goal is to get them to 50%. Why Cost of Service is the Most Important KPI? If you are selling something for $1 million and you get $500,000 in fees and $500,000 in gross margin, then you now have $500,000 to put back into your business or in your pocket. However, if that same $1 million is costing you $800,000, you only have $200,000 to invest in your business. Therefore, you can have two agencies doing the exact same thing both around $5 million in net revenue. In the end, one made a profit of $1.5 million and one lost a few hundred thousand dollars. The difference is their gross margin. Percentage of Revenue Spent on Sales and Marketing The next metric you should be focusing on is what percentage of net revenue you're spending on sales and marketing. Again, divide your payroll to group sales and marketing people into "sales and marketing costs". In theory, if you spend on sales and marketing you have a better chance of growing than if you don't. What you're willing to spend on sales and marketing directly impacts your growth: Spend 0 and 5% of revenue on sales and marketing says you're not that serious about growth. If you're between 5% to 10% spending, you're where everyone else is in terms of the importance of growth. Spending more than 10% means you're very serious about growth. Of course, it's fine if your focus right now is not on growth. For instance, one of Jon's clients is focused on increasing their revenue per employee and is interested in growing moderately. It will depend on your priorities. Some agency owners may just want to optimize their gross revenue to maintain their lifestyle business. On the other hand, some of Jon's clients don't spend anything on sales or marketing. To him, it was unbelievable that an agency could believe so little in marketing. Where Should Your EBITDA Be? The golden rule for agencies is to have 20% topline growth and 20% EBITDA. If you're planning to sell to a holding company, they'll expect you to have 20% EBITDA. However, Jon has a different philosophy. If you can make a positive investment in your agency it's okay for you to have a lower EBITDA. If you hire a salesperson who brings in a client that ends up being a retained relationship, that's fine, as long as you measure the percentages and outcome you're looking to make. Keep in mind, if you want to build a big agency without outside capital, lowering your EBITDA target will give you more money to invest in the business. Bottom line, your business is the best investment you can make. How Much Cash Flow Should Your Agency Have? Jon believes everyone should have two bank accounts at minimum, three if you manage media. Operating Account: this is the one you'll use to pay your employees, taxes, and bills. You should always have 1 month of payroll and 35% of your quarterly profits in this account. It should be enough to pay your bills at any given moment in time. Savings Account: Here you should have your monthly overhead. Double the sum of all your expenses (like payroll, sales and marketing, traveling, and entertainment x 2). Rule of thumb for savings is two months and could be up to six months if 1-2 clients make up most of your revenue or if you are project-based. Media Account: This is not your money. You have a fiduciary responsibility to make sure that money is completely separated and you're not using it for anything other than the client ad spend. Looking at Your Revenue in Terms of Percentage of Each Client How much of your revenue do your top five clients represent? For instance, one of Jon's clients has 123 clients, and the top 18 account for half their revenue. It's important to understand your agency's client concentration and strategize to reduce it. Whenever Jon won a big account that became a large percentage of their evenue, he increased his sales and marketing to go win the next big account. He was really, understandably, scared of being dependent on any single customer. Dos and Don'ts of Credit Lines Jon and Jason agree if you have a positive 12-month trailing EBITDA, you should get a line of credit. However, you shouldn't use it to use it fuel the growth of your business but rather for cash management purposes. If you have a big account like Procter and Gamble – known to pay in a net 120 days – you may want to use a line of credit to make payroll. It may be an account you really want but you can't negotiate better payment terms and that's fine. Having a line of credit is important in those scenarios. Where you shouldn't use it is to invest to grow your business. Want the Support of Amazing Digital Agency Owners? If you want to be around amazing agency owners that can see you may not be able to see and help you grow your agency, go to the Digital Agency Elite to learn all about our exclusive mastermind.

Intro This episode focuses on the goals that an agency should outline to create a roadmap for their growth. Jon Morris joins the podcast today to discuss his innovative framework around how agencies should look at goal-setting. Having owned agencies, he brings a lot of experience to the discussion, particularly how he was able to grow his agency to two hundred and fifty employees before selling it. His formula highlights four different types of goals for growing an agency's revenue. What you will learn in this episode: How you can triage what's most important for your company, so you can outline concrete goals. How to define dollar amounts for each of the four agency goals: revenue, profit, cash, and infrastructure. What kinds of investments your agency should be making in training & recruiting, to maximize growth. How to organize your agency's accounts to create a clear-cut safety net and understand your company's outlook. The best way to institutionalize your agency's goals, so your team can understand them and ultimately help you achieve them. Bio Jon Morris is the founder & CEO of Ramsay Innovations and a serial entrepreneur. Prior to Ramsay, he established Rise Interactive in 2004 with prize money from his second-place finish in the University of Chicago's prestigious New venture Challenge. Over the next 16 years, he grew Rise from a one-person shop to one of the largest independent marketing agencies in the world. After selling Rise, Jon pondered his next move and realized that he was most energized when connecting and helping fellow entrepreneurs grow their businesses. Ramsay Innovations is the product of this inspiration. Like at Rise, Jon developed a proprietary, tech-enabled approach for surfacing hidden financial insights that drive critical business decisions. Ramsay Innovations' mission is to transform marketing agencies by providing them with world-class, agency-specific financial management and strategic planning at a fraction of the cost. In his spare time, Jon enjoys spending time with his wife, three daughters, and two dogs. He loves soccer, having played on his alma mater's team, Kenyon College, and he now coaches his daughter's two soccer teams. Resources: Website:https://ramsayinnovations.com/ LinkedIn:https://www.linkedin.com/in/jonmorrisramsayinnovations/ Facebook:https://www.facebook.com/RamsayInnovations Twitter:https://twitter.com/JonBMorris

Financial management may not be the first thing that comes to mind when considering what excites agencies, but a solid financial plan is integral to reaching the goals that an agency has set. Join us for this week's episode of Suds & Search for a talk with Jon Morris, CEO of Ramsay Innovations, about how marketing agencies spend too little on marketing, his excellent finance tips on LinkedIn, and why now is the time to create a budget for 2023

QUICK LINKS:• The Agency Profitability Toolkit - Get the templates, formulas, and frameworks we've used with our consulting clients to help them double their profitability in under 60 days, absolutely free.• For more information on our Agency Profitability Systems and Consulting, check out parakeeto.com• Love the podcast? Leave us a review on the platform of your choice at this link.• Want to see/read more about this episode? Then do make your way to parakeeto.com/blogGUEST LINKS:Tyler is circling back to his first love, that being the concept of creating a more tech-enabled content agency. Right from Google Chrome, you can get matched with an industry-specific human writer within 10 minutes. If that sounds of interest, do reach out to him via the below!LinkedInTwitter.com/productizetyProductized.servicesAcquisition ChecklistABOUT TYLER GILLESPIE:Noted founder with two successful exits under his belt, Tyler loves building and scaling productized service businesses! Currently, he shares his thoughts via productized.services. He enjoys traveling regularly, with home bases in Medellin, Colombia, and his hometown in Colorado. Passions include Latin culture, speaking Spanish, playing chess, and salsa dancing.

QUICK LINKS:• The Agency Profitability Toolkit - Get the templates, formulas, and frameworks we've used with our consulting clients to help them double their profitability in under 60 days, absolutely free.• For more information on our Agency Profitability Systems and Consulting, check out parakeeto.com• Love the podcast? Leave us a review on the platform of your choice at this link.• Want to see/read more about this episode? Then do make your way to parakeeto.com/blogGUEST LINKS:Ramsay InnovationsLinkedInCompany LinkedInABOUT JON MORRIS:Jon is the founder & CEO of Ramsay Innovations and a serial entrepreneur.  Prior to Ramsay, he established Rise Interactive in 2004, as a result of his second-place finish in the University of Chicago's prestigious New Venture Challenge.  Over the next 16 years, he grew Rise from a one-person shop to one of the largest independent marketing agencies globally.  After selling Rise, Jon pondered his next move and realized he was most energized when connecting and helping fellow entrepreneurs grow their businesses!

Jon Morris is the founder and CEO of Ramsay Innovations, a Finance Management and Strategic Planning company that is focused on helping marketing communication firms grow faster. Previous to starting Ramsay Innovations, Morris was the founder and CEO of Rise Interactive. Under Morris' leadership, Rise received recognition for excellence in client service, innovative marketing campaigns, and commitment to culture, including acknowledgment from Inc. 500|5000 Fastest Growing Companies (nine-time winner), Ad Age (Best Places to Work in Advertising), Fortune Magazine, Forrester, and more. Morris has been personally recognized as a leader in technology and innovation on the Techweek100 list and Crain's Chicago Tech 50 list. As a leader in the digital marketing community, Morris has mentored several entrepreneurs, with a significant focus on the University of Chicago's New Venture Challenge, a renowned business plan competition where Rise itself got its start. Morris has shared his expertise as a guest speaker, presenting on main stages and at workshops and webinars for organizations such as Search Marketing Expo, Search Engine Strategies, American Marketing Association, The University of Chicago Booth School of Business, Northwestern University's Kellogg School of Management, Forrester Research, Online Marketing Summit, iStrategy, and Vistage. Morris earned an MBA with high honors, graduating first in his class from the University of Chicago Booth School of Business and a bachelor's degree from Kenyon College.

In this episode of Chats with Chip, Jon Morris of Ramsay Innovations shares his perspective as a former agency owner turned agency financial advisor.Continue Reading → The post CWC 83: Getting a handle on your agency's finances appeared first on FIR Podcast Network.

In this episode of Chats with Chip, Jon Morris of Ramsay Innovations shares his perspective as a former agency owner turned agency financial advisor.Continue Reading → The post CWC 83: Getting a handle on your agency’s finances appeared first on FIR Podcast Network.

In this episode of Chats with Chip, Jon Morris of Ramsay Innovations shares his perspective as a former agency owner turned agency financial advisor.

In this episode of Chats with Chip, Jon Morris of Ramsay Innovations shares his perspective as a former agency owner turned agency financial advisor.

Jon Morris is the Chief Executive Officer of Ramsay Innovations, which provides world-class finance management for agencies. Previously, he was the Founder and CEO of Rise Interactive, a digital marketing agency. Jon sold Rise Interactive as one of the largest independent digital agencies in the world 16 years after starting it. He attributes his success to a financial infrastructure that provided insights for sound strategic planning.  In this episode… Some founders sell their company only to find out later that they could have made a lot more money out of the transaction. How do you find somebody who will take care of your brainchild and give you a fair deal? CEO of Ramsay Innovations and former Founder and CEO of Rise Interactive, Jon Morris, shares how he found a great partner to sell his company to. With host Todd Taskey, Jon shares why he is completely happy with how the transaction turned out, how they structured the sale fairly, and why he decided to start Ramsay Innovations soon after his exit.

At the age of 30, Jon Morris started a digital marketing agency called Rise Interactive. When Jon sold Rise 16 years later, it was one of the largest Independent Digital Agencies in the world. Through Ramsay Innovations, Jon's new passion is to help 1,000 businesses grow and thrive, just as Rise did.Time Codes:(2:48) - What is Ramsay Innovations?(3:42) - What's the origin story for Rise Interactive?(4:52) - Are companies looking to be taught skills or to offload work?(11:18) - What made you think that financial people would be good for marketing roles?(13:00) - What does it mean to be "data-driven"?(14:22) - How do you ask the right questions? (18:00) - Is your process Design Thinking?(19:27) - When do you know that you've looked at enough data?(22:08) - Having only 60-70% of information to make a decision.(23:54) - How do you coach your clients to make more decisions?(26:01) - It's business AND it's personal.(28:32) - Getting comfortable with the uncomfortable.(33:58) - What is the Ramsay Method?(39:15) - What does ‘Grow Simply' mean?(40:38) - What are the mistakes you see leaders making when it comes to growth?(43:51) - Defining Sales vs. Marketing(45:29) - Thinking of your business budget as financial investing.(47:21) - What are you sick of talking about?(48:02) - What are you most excited to be talking about?(48:35) - What is the purpose of business?

In a crowded marketplace, differentiating yourself and your business is key to ensuring the success of your future. How can you differentiate yourself amongst all of the competition? Ian Garlic talks to Jon Morris, the CEO of Ramsay Innovations LLC, about the two main questions every business should answer in order to stand out amongst their competitors. Discover how Jon started and grew his own agency with $10,000 and his own positive experiences with consultants. What You'll Learn:How Jon Started and Grew His Agency with $10kMaking the Decision to Spend More on MarketingHow The Formula of EBITDA is a Key to SellingThe Benefits of Paying for Consultants Two Questions Every Business Needs to Answer to Differentiate Themselves Connect with Jon:Ramsay InnovationsLinkedInEmail Jon TodayResources:Connect with IanBook a Discovery Call Today with Our ExpertsSubscribe to the YouTube Channel See acast.com/privacy for privacy and opt-out information.

In this episode, your host Rosemary Nickel speaks with Ramsay Innovations' Jon Morris about scaling your business, how businesses get stuck, learning about the various ways to scale your business and more. Check out Ramsay Innovations at https://ramsayinnovations.com/

Jon Morris the CEO of Ramsay Innovations tells you how to Identify a specific target audience and align your sales, marketing and innovation to that audience. Get more info at https://RamsayInnovations.com/

Jon Morris is the founder and CEO of Ramsay Innovations, a management consulting firm focused on helping small to medium-sized businesses grow faster. Previous to starting Ramsay Innovations, Morris was the founder and CEO of Rise Interactive. Under Morris' leadership, Rise received recognition for excellence in client service, innovative marketing campaigns, and commitment to culture, including acknowledgment from Inc. 500|5000 Fastest Growing Companies (nine-time winner), Ad Age (Best Places to Work in Advertising), Fortune Magazine, and more. Morris has been personally recognized as a leader in technology and innovation on the Techweek100 list and the Crain's Chicago Tech 50 list. As a leader in the digital marketing community, Morris has mentored several entrepreneurs, with a significant focus on the University of Chicago's New Venture Challenge, a renowned business plan competition where Rise itself got its start. Morris has shared his expertise as a guest speaker, presenting on main stages and at workshops and webinars for organizations such as Search Marketing Expo, Search Engine Strategies, American Marketing Association, The University of Chicago Booth School of Business, Northwestern University's Kellogg School of Management, Forrester Research, Online Marketing Summit, iStrategy, and Vistage.  Morris earned an MBA with high honors, graduating first in his class from the University of Chicago Booth School of Business, and a bachelor's degree from Kenyon College.