Scaling an Agency | SMX East

21
Scaling an Agency 97thFloor.com @97thFloor SMX East Wayne Sleight @WayneSleight
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    17-Oct-2014
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    Business

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At SMX East 2013, Wayne Sleight shared five areas to focus on in order to scale an agency. These five areas are hiring, budgeting, client, culture and leadership. Let us know what has helped your agency scale in the comments below. To tweet a quote or image from a specific slide, just click the Twitter logo at the top of the slide.

Transcript of Scaling an Agency | SMX East

Page 1: Scaling an Agency | SMX East

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Creative DigitalMarketing Agency

28 Team MembersFounded in 2004

Lehi UT

ClienteleMedium ampEnterprise

97thFloorcom

Our growth

Previous 18 months = 330 increase in revenue

6team members

July 1 2012 October 2 2013

28team members

15months

Overview

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

1 Hiring

Public Relations Marketing AdvertisingCommunications Journalism English Digital Media

Design Programming Business Philosophy etc

= Diversity

Click here to Tweet this slide

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 2: Scaling an Agency | SMX East

Creative DigitalMarketing Agency

28 Team MembersFounded in 2004

Lehi UT

ClienteleMedium ampEnterprise

97thFloorcom

Our growth

Previous 18 months = 330 increase in revenue

6team members

July 1 2012 October 2 2013

28team members

15months

Overview

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

1 Hiring

Public Relations Marketing AdvertisingCommunications Journalism English Digital Media

Design Programming Business Philosophy etc

= Diversity

Click here to Tweet this slide

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 3: Scaling an Agency | SMX East

Our growth

Previous 18 months = 330 increase in revenue

6team members

July 1 2012 October 2 2013

28team members

15months

Overview

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

1 Hiring

Public Relations Marketing AdvertisingCommunications Journalism English Digital Media

Design Programming Business Philosophy etc

= Diversity

Click here to Tweet this slide

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 4: Scaling an Agency | SMX East

Overview

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

1 Hiring

Public Relations Marketing AdvertisingCommunications Journalism English Digital Media

Design Programming Business Philosophy etc

= Diversity

Click here to Tweet this slide

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 5: Scaling an Agency | SMX East

1 Hiring

Public Relations Marketing AdvertisingCommunications Journalism English Digital Media

Design Programming Business Philosophy etc

= Diversity

Click here to Tweet this slide

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 6: Scaling an Agency | SMX East

1 Hiring

Less Experience Bad

We only need three things

greattraining

strongculture

experiencedleaders

Click here to Tweet this slide

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 7: Scaling an Agency | SMX East

1 Hiring

Hire on potentialPromote on proven skill

Click here to Tweet this slide

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 8: Scaling an Agency | SMX East

2 Budgeting

Budget for mid-month clients

Fictional Numbers

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 9: Scaling an Agency | SMX East

3 Clients

Understand digital marketing amp see the big picture

Donrsquot focus on tons of links

We can believe in their productservice

They believe in adding value to the internet

$7500+ monthly budget

What is your target client

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 10: Scaling an Agency | SMX East

3 Clients

The rule

ldquoFor many events roughly 80 of the effectscome from 20 of the causesrdquo - Pareto

effort

results

Therefore 20 of the effort produces 80 of the results but the last 20 of the results consumes 80 of the effort

20

80

80

20

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 11: Scaling an Agency | SMX East

3 Clients

Click here to Tweet this slide

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 12: Scaling an Agency | SMX East

4 Culture

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 13: Scaling an Agency | SMX East

4 Culture

httpbitlyCultureNetflix

Values are what we value

High performance

Freedom and responsibility

Context not control

Highly aligned loosely coupled

Pay top of market

Promotions and development

Seven aspects of Netflixrsquos culture

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 14: Scaling an Agency | SMX East

5 Leadership

Click here to Tweet this slide

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 15: Scaling an Agency | SMX East

5 Leadership

ldquoLeadership is the art of accomplishing more than the science of management

teaches you is possiblerdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 16: Scaling an Agency | SMX East

5 Leadership

ldquoItrsquos having a great visionthat becomes the basis of

great leadershiprdquo

Sheryl Sandberg

Click here to Tweet this slide

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 17: Scaling an Agency | SMX East

5 Leadership

Vision that scales

Click here to Tweet this slide

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 18: Scaling an Agency | SMX East

5 Leadership

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 19: Scaling an Agency | SMX East

5 Leadership

Click here to Tweet this slide

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 20: Scaling an Agency | SMX East

Review

Hiring

Budgeting

Clients

Culture

Leadership

1

2

3

4

5

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight

Page 21: Scaling an Agency | SMX East

Scalingan Agency

97thFloorcom97thFloor

SMX East

Wayne SleightWayneSleight