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💼 Agencies

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trends.vc

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d@trends.vc

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Mon, Jul 5, 2021 12:31 PM

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‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Hey there, Welcome to the 307 new entrepreneurs who joined last week. Thanks to [Matt Varughese]( (8020), [Rick Segal]( (CRAAG Angel Group), [Jeremy Abraham]( (Spiffy), [Vishal Srivastava]( (Trainedge), [Elom]( (Delverise), [Natwar Maheshwari]( (Engineering Brew), [Simon Daley]( (CodeSwaps), [Kimsia Sim]( (GreenDeploy), [Paul Martin]( ([MusicAndBlockchain.com]( [Chikodi Chima]( (Moonshot), [Vincent Haywood]( (Vhdigital), [Lu Doan]( (Agent Shield), [Ray Deck]( (Sustained Ventures), [Emmanuel Vivier]( (HUB Institute), [Ken Rossi]( (Liquid New York), [Jose Torres]( (Lexia), [Serbay Arda Ayzit]( (Contentus) and [Thomas Jacquesson]( (Tweet Hunter). We had a great time jamming on this report. Let's talk about Agencies. What you’ll learn: - Which $30M ARR company came from a digital agency? - Who earns $100,000+ per month running the same playbook for clients? - What are the upsides of running an agency? - How to build recurring revenue? - How to get inbound leads? - Which agencies switched from services to SaaS? - (📈 Pro) Which agency grew to $135k ARR in 135 days? - (📈 Pro) How to improve margins? - (📈 Pro) When does value-based pricing make sense? - (📈 Pro) How to find qualified leads? - (📈 Pro) Why do some companies choose agencies over freelancers? - (📈 Pro) What’s the future of labor arbitrage? - (📈 Pro) How does the reseller model work? - (📈 Pro) What’s the role of spec work? Unlock Trends Pro ✅ Access All Trends Pro Reports ✅ Learn Together in our Book Club ✅ Stay Accountable with Daily Standups ✅ Meet Curious Entrepreneurs in Weekly Meetups ✅ Discuss Reports with Domain Experts ✅ Collaborate on Upcoming Reports [Become a Trends Pro Member]( [Agencies]( “You are what you do, not what you say you'll do.” 💎 Why It Matters Agencies help entrepreneurs earn income faster than other business models with less risk. You may also find valuable problems to solve at scale with SaaS. Or earn equity in clients. 🔍 Problem Companies have short-term needs, lack internal skills, need to scale fast or fill a fractional role such as CFO or CTO. 💡 Solution Agencies help companies solve these problems without hiring and managing large teams. 🏁 Players No-Code - [8020]( • Move faster without code. - [021]( • Get your MVP built in 30 days. - [People First]( • No-code design studio. - [Ideable]( • Build the right product faster. - [Idea Link]( • No-code websites and apps. - [RapidDev]( • Software development agency. - [Minimum.run]( • Validate hypotheses without code. - [Optemization]( • 10x your remote team's productivity. - [Reboot]( • Turn your vision into products people love. - [Websterpeace]( • No-code projects for your favorite brands. - [Airdev]( • Build faster and launch products that people want. - [9x]( • Tools and automations to move your business forward. - [TheFlow]( • Launch your Webflow site, Shopify store or no-code project. Marketing - [AKvertise]( • Social media agency. - [Major Tom]( • Full-service marketing agency. - [Digitalina]( • Generate leads from social media. - [Tetriz]( • Get more leads with sales automation. - [Optdcom]( • Data-driven digital marketing agency. - [Contentus]( • Content strategy and original content. - [Leadbird]( • Dedicated business development team. - [Rain Factory]( • Marketing for growing online brands. - [Content Whale]( • 42 types of content writing services. - [iPullRank]( • Content strategy and enterprise SEO agency. - [Delverise]( • Digital product and growth strategy solutions. - [Fantom]( • Helps SaaS companies scale with paid advertising. - [Stodzy]( • Helps local healthcare businesses get more patients. - [Digital Voices]( • Influencer marketing campaigns with YouTube creators. Storytelling - [Lemonly]( • Get help explaining your story. - [Scribe]( • Get help writing, publishing and marketing your book. - [Venture Narrative]( • Helps founders write narratives to inspire employees and attract customers. Operations - [ZenPilot]( • Operations experts for marketing agencies. - [Luhhu]( • Automate processes to save time and money. - [Automate Labs]( • Streamline and automate your company operations. - [Themelocation]( • White-label WordPress development and maintenance support. 🔮 Predictions - Agency owners will go from services to SaaS. See [Bildr]( [Memberspace]( [Mailchimp]( and [Basecamp](. All were agencies before valuable problems were found and solved at scale. - Platforms will try to attract agencies to their ecosystems. See partner programs ([Shopify Plus Partners]( certifications ([AWS]( and affiliate programs ([Quickbooks](. Platforms can improve their ecosystems while maintaining high margins. ☁️ Opportunities - Show your work. Your portfolio lowers doubt about whether you can do the job. You build authority as you share. [Eddie Lobanovskiy]( gained 200,000+ followers by posting his work on Dribbble. - Build reusable systems and assets to become more efficient. Agencies sell on value and become more efficient over time. Jeff Lerner earns [$100,000+ per month]( running the same playbook for local personal injury attorneys. [Stodzy]( has a similar model. - Find valuable problems to solve with high-leverage business models. - [Moz]( emerged from an SEO agency. - [Spiffy]( emerged from a marketing agency. - [Bildr]( emerged from a development agency. - [Drrac]( went from cloning websites to selling courses. - [IDEO CoLab Ventures]( emerged from a design agency. - [Everything Marketplaces]( emerged from a development agency. - [Procreate]( emerged from a digital agency. Now they’re at [$30M ARR](. - [Lemlist]( emerged from a lead generation agency. Now they’re at [$1M ARR](. - Work with lead generation services to find clients with the ability and willingness to pay. [Cyberleads]( sends you 1,000 leads per month that recently raised money. - Use inbound marketing to build your top of funnel. Shane Young’s [100,000-subscriber]( YouTube channel guides clients to [PowerApps911](. Brent Weaver [gets 5-15 qualified leads]( from each talk he gives. [Dan Runcie]( has a [free newsletter]( and [consults](. Pick a channel and focus. - Build a value ladder. Create do-it-yourself, done-with-you and done-for-you offers. [Flavio]( has a blog (free), books ($), courses ($$) and bootcamps ($$$). Prospects will trust you more when you’ve made and delivered on promises before. Books and courses also have zero marginal costs. 🔑 Key Lessons - Agencies have less risk (and reward) than SaaS companies. They also have higher customer concentration and marginal costs. But it’s a good place to start. - Common paths to agency ownership include working at an agency, being an expert employee, working for a platform such as Webflow or outsourcing from day one. - Agencies have high lifetime values and can justify doing sales that don’t scale. Sending personalized messages, doing spec work and answering 1-on-1 questions. 😠Haters “This business model sucks.” Agencies are far from perfect. But may be underestimated. Productized services are valuable and sellable businesses. Agency owners can find valuable problems to solve with digital products, SaaS and marketplaces. Some take equity in clients. 🔗 Links - [Built to Sell]( • A business novel on an agency owner who built systems and sold his business. - [Systems for Growing Your Digital Agency]( • Standardize your sales process. - [Ensuring Stability for Digital Agencies]( • Build recurring revenue streams. What else? [Trends PRO #0064 — Agencies]( has more insights. What you’ll get: - 6 Webflow Agencies (📈 Trends Pro Exclusive) - 4 Branding Agencies (📈 Trends Pro Exclusive) - 6 WordPress Agencies (📈 Trends Pro Exclusive) - 4 Technical Writing Agencies (📈 Trends Pro Exclusive) - 3 Shopify Agencies (📈 Trends Pro Exclusive) - 9 Development Agencies (📈 Trends Pro Exclusive) - 5 Predictions (150% More) - 11 Opportunities (120% More) - 6 Key Lessons (100% More) - 10 Links (233% More) - 12-minute audio episode with exclusive Micro-SaaS stories, insights and opportunities. With Trends Pro you'll learn: - (📈 Pro) How to validate your Micro-SaaS? - (📈 Pro) What’s Software with a Service (SwaS)? - (📈 Pro) How to lower customer acquisition costs and boost lifetime value? - (📈 Pro) How to productize your pain? - (📈 Pro) What’s the “upside” of platform risk? - (📈 Pro) What’s the future of lifetime deals? - (📈 Pro) Who built the first version of their SaaS with no-code tools? - and a lot more… Unlock Trends Pro ✅ Access All Trends Pro Reports ✅ Learn Together in our Book Club ✅ Stay Accountable with Daily Standups ✅ Meet Curious Entrepreneurs in Weekly Meetups ✅ Discuss Reports with Domain Experts ✅ Collaborate on Upcoming Reports [Become a Trends Pro Member]( Thanks, Dru Riley Founder, Trends.vc Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe](. Our mailing address: 101 Marietta Street Northwest Atlanta, GA 30303

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