Hi Fastlaners,
Those who follow my progress thread know that I've been an Amazon Ads manager for well over an year now. I and one of my connections have both decided to structure the work that we do in the form of an agency and develop the capacity to serve bigger clients. I keep hearing from people in local Facebook groups that you should partner with a person who has opposite traits when creating an agency, but in this case, I'm able to identify similar things more than different traits. We both acknowledged our passion for sales, studied similar books, gurus and have the same vision. Time will tell what happens down the road.
With that out of the way, here's what we both will be doing. We're gonna bootstrap this agency and I'm going all in on this one (putting all my resources, no plan B). He just got out of uni while I'm in my 2nd semester. He'll be the guy who'll be dealing with sales and front end of the agency while I'm going to be working in the backend of the agency, managing operations, creating systems, dividing teams, SOPs, documentation and all that stuff. I'm also passionate for sales and in this case I'm going to let him take the lead because this guy has sold a course to 80 people with a considerable price tag, so he clearly knows his stuff.
I, on the other hand, have been working in agencies for the most part of my journey. I have learned some things from working in previous agencies such as tracking systems and best practices when working in a team. He doesn't have that experience of working in an agency with well developed systems that divorce the time of the owner from the day to day operations while I've observed those things myself. Plus the agencies I've been working with were fully remote, so it definitely helps to know how the others do it.
Goal?
To flip the agency after establishing solid systems in place that give us a predictable income, sell it and make our exits. Then use the money from the exit to gain bigger leverage in the form of capital and go into a high entry barrier CENTS product-based business which a normal guy doesn't have access to.
What have we done so far?
20 guys interviewed, assigned them tasks on the basis of which we'll shortlist around 5 people as interns
Domain and hosting purchased
What are our next 5 steps?
Train the 5 interns further
Develop website
Start led gen process
Register business and sign a contract
Make business bank account
Those who follow my progress thread know that I've been an Amazon Ads manager for well over an year now. I and one of my connections have both decided to structure the work that we do in the form of an agency and develop the capacity to serve bigger clients. I keep hearing from people in local Facebook groups that you should partner with a person who has opposite traits when creating an agency, but in this case, I'm able to identify similar things more than different traits. We both acknowledged our passion for sales, studied similar books, gurus and have the same vision. Time will tell what happens down the road.
With that out of the way, here's what we both will be doing. We're gonna bootstrap this agency and I'm going all in on this one (putting all my resources, no plan B). He just got out of uni while I'm in my 2nd semester. He'll be the guy who'll be dealing with sales and front end of the agency while I'm going to be working in the backend of the agency, managing operations, creating systems, dividing teams, SOPs, documentation and all that stuff. I'm also passionate for sales and in this case I'm going to let him take the lead because this guy has sold a course to 80 people with a considerable price tag, so he clearly knows his stuff.
I, on the other hand, have been working in agencies for the most part of my journey. I have learned some things from working in previous agencies such as tracking systems and best practices when working in a team. He doesn't have that experience of working in an agency with well developed systems that divorce the time of the owner from the day to day operations while I've observed those things myself. Plus the agencies I've been working with were fully remote, so it definitely helps to know how the others do it.
Goal?
To flip the agency after establishing solid systems in place that give us a predictable income, sell it and make our exits. Then use the money from the exit to gain bigger leverage in the form of capital and go into a high entry barrier CENTS product-based business which a normal guy doesn't have access to.
What have we done so far?
20 guys interviewed, assigned them tasks on the basis of which we'll shortlist around 5 people as interns
Domain and hosting purchased
What are our next 5 steps?
Train the 5 interns further
Develop website
Start led gen process
Register business and sign a contract
Make business bank account
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