Defining Success

Episode 23 February 28, 2022 01:00:49
Defining Success
The Agency Hour
Defining Success

Feb 28 2022 | 01:00:49

/

Hosted By

Troy Dean Johnny Flash

Show Notes

Can you summarise your quarterly goals in a single sentence?
In this episode of The Agency Hour, discover how to define your success criteria, so you can keep your team moving in the right direction.

We have all the training you need to start, grow and scale your business. Join us in our free Facebook group to get started today: https://www.facebook.com/groups/digitalmavericks 

 
We're here to help. 
If you want to move faster, book a call today: https://www.agencymavericks.com/clarity-call
 
 

Handy Links:

 

Free Training: The Simplified Agency

Discover the new way to create more profit from your agency and have more time with your family.

 

Follow us on the socials:

YouTube | Facebook | FB Group | Instagram | Twitter | Linkedin | TikTok

 

View Full Transcript

Episode Transcript

Speaker 0 00:00:00 The problem with giving advice is that if you, if someone says to you, you know, if, if someone comes to us Pete and says, Hey man, I'm really struggling. And I need to hire a care plan developer and we go great. And we just start diving into helping them hire a care plan. Developer chances are we're solving the wrong problem. Speaker 1 00:00:18 Right? Speaker 0 00:00:20 Right. Because we've just accepted what they've said at face value. So doing a go, why go deep asking lots of questions. Why do you need a care plan developer? What's going on? Like, how are you gonna spend your time? Once you've got a care plan developer, uh, and you dig in and you find out that they've got 12 clients on care plans, right? Which, which equates to about, you know, $1,800 in recurring revenue and their sales pipeline is dry. You go, you know what? You don't need a care plan developer, man, you need to fix your sales pipeline and bring in more recurring revenue cuz you can't afford to hire a care plan developer right now, right? You need to get, you need, you need a sales process. You need a sales pipeline. You need to increase your recurring revenue. Speaker 2 00:00:59 If you have a vision for the agency you want to build, then we want to help you build it. Welcome to the agency hour podcast brought to you by agency Mavericks. Speaker 0 00:01:08 Welcome to another episode of the agency hour live here in the digital Mavericks Facebook group. Very, very exciting to be here. You might notice, uh, we have a different background today. I've had to come home and work from home for a few weeks because the office building that we were working in has a sewage problem. Ladies and gentlemen, no shit, actually shit. A sewage problem. They flooded our studio twice with sewage. Yes. So we've decided that we're no longer gonna work in that building because it's a toilet and we are leaving and we're finding a new office, uh, a new space to call home. And I'm very excited because I think I found one. And so for the time being, I'm just gonna work from home for a little bit. And um, so here we are. So welcome to another episode of the agency out today. We're gonna talk about how not to drown and what the hell that's got to do with your business and to help me have this conversation is my good friend. Please. Welcome to the stage, Pete crispy butter Perry. Oh Speaker 1 00:02:15 Yeah. I love that little intro so much. Speaker 0 00:02:18 <laugh> it'll never get tired. That will it it'll never get tired. So Speaker 1 00:02:21 Hey, um, my one experience at your office, cuz I, you know, I'm in New York, you're in Melbourne, but I did fly down to Melbourne and the first time I walked in that office, there's a nightclub attached to the, to the office and that's right. And it was a freaking mess. It was not your office itself, but everything around it, it smelled like it smelled like urine and bed decisions. Speaker 0 00:02:47 Mm-hmm <affirmative> correct. Speaker 1 00:02:49 <laugh> and uh, and it was like, there were, there were half drunk margaritas and beer bottles knocked over and like toilet paper on the floor. Like I was, Speaker 0 00:03:03 I was like, what the hell empty bottle? Well also they had a party the night before. And what happens is, uh, there used to be a great community at this place. It used to, when I first moved in there seven years ago, it had a really great vibe. It was a new co-working space. It was run by this amazing community manager named Samantha who was just an absolute rockstar and she held it together and then it changed owners. The, the guy that owned it originally kind of ran it into the ground and ran outta money. And it got taken over by a lawyer who was working in the building. And again, for a couple of years it was really good. It had a great vibe. Um, and then the community managers changed and then it kind of started to get a little bit feral started to get a little bit rough. Speaker 0 00:03:43 There was a, that's a good work for it. <laugh> yeah, there was a guy working in there renting one of the officers who, who had a drug problem and, and was kind of trying to have parties in there or not. I, I turned up to work one Monday morning and him at about 15 of his mates were in his office completely off their chops, playing records on the, on the decks. And I'm like, uh, I'm about to jump on calls. Um, upstairs at, uh, seven 30 on a Monday morning, this is kind of a workspace. It's not a night, the nightclub's next door, which is open till nine o'clock in the morning. They have a 24 hour license. And um, so, you know, then there started to be like little remnants of little joints left in the kitchen and it was just starting to get a little bit swanky. Speaker 0 00:04:22 And then, and then we went into lockdown, COVID happened and we all kind of went home. And during that period, they flooded our, one of our, we have a little, we had three rooms in there at one point we had my office, we had a video studio that max and I were working out of. Um, the Facebook ADSS accelerator course is shot in that video studio silence is golden. The show that the live show that we used to produce was shot in that video studio. We had a lot of fun in that video studio. We spent a lot of money in that video studio and we also had an audio studio. We had a little, little sound studio for recording, um, voiceovers and bits and pieces. And the sound studio is the one that got flooded with sewage in March, 2021. Um, horrific flooding of sewage, like the worst you can imagine everyth and what the problem is that the toilets upstairs in the nightclub don't have any bins. Speaker 0 00:05:11 There are no bins upstairs in the nightclub because they don't want to be responsible for what goes in the bins because everyone knows that there's lots of drug taking, going on up there in the nightclub. And my theory is that the community at large is kind of complicit the local authorities, the local council. They're all kind of complicit with what's going on in the nightclub because they'd rather all the kids hang out in the night club and take drugs all weekend than be out on the street. So it's kind of like a safe sorting room for teenagers, right. Um, and, uh, and so, you know, they, they kind of, they don't, they don't, they don't, they just kind of leave them alone and, and everything goes down the toilets, cuz there's no bins cuz they don't wanna be responsible for cleaning out the bins. And also they don't want to see any evidence of what's illegal activity in the bin. Speaker 0 00:05:57 So they're like, well we're in denial about that. Just throw it down the toilet. So everything goes down the toilet, the sewage pipes get get blocked and it floods the bathroom next to our studio and it floods our studio so unfortunate, but what's more unfortunate is the, the owner of the co-working space willingly. Let us move back in there after the first flood, knowing full well that the sewage problem was addressed, but can't guarantee it won't happen again. Now never said that to us. We were under the assumption that it was fixed. So we spent, we went back into lockdown. The second half of 2021, we came outta lockdown. We spent, uh, about 15 grand of our own money giving that studio a facelift with new acoustic treatment, new lighting, new GI new ceiling because we wanted to start bringing clients in there and, and renting it out as a voiceover studio for an extra revenue stream. Speaker 0 00:06:51 And also just because I love having a studio, an audio studio, and it flooded again in January, 2022, this year on the 16th of January, it flooded not as bad, but it still flooded. They had to pull up all the carpet. They had to pull all their gear outta there. Everything that was on the floor was soiled with effluent water. They had to take everything outta there. And uh, at that point, the, the owner of the co-working space, um, we, we said, well look, man, you know, we're pretty pissed off about this obviously, and we're not gonna go back in there unless you can guarantee that it won't happen again. And without even blinking, he said, I can't guarantee it's not gonna happen again. Which for me in hindsight now was an admission that he knew the problem wasn't guaranteed to be fixed when he let us go back in there the first time. Speaker 0 00:07:36 Right. And he was, he was more than willing for us to go back in there again this time. In fact, he was trying to get us back in there as quickly as possible to go, Hey, this is get back in there and get on with business. And it's like, dude, you know that this place is probably gonna be flooded again. And you are willingly renting it out to tenants. That's fucked up. So at that point we were like, you know what, uh, you're an amateur we're outta here. Uh, we, um, vacated. We are vacating the building at the moment max and I are going in there this afternoon to pack up the rest of our stuff. We've got removals coming in tomorrow to pick everything up and get outta there. And um, I rang my lawyer and said, here you go. I think you might be interested in this. So it's now in the hands of, uh, our lawyer. So in the meantime, I'm working from home, which is awesome. Love it. So, and, and, and how lucky are we that, you know, we can, I can, we can work from home. We can work from an office space. We have the kind of business that we can work from anywhere. I've. I just feel incredibly blessed to have this opportunity, to be able to stay connected to the business and, and not have to worry about the office space. Speaker 1 00:08:33 So you, you started the call by saying, um, by the podcast by saying that we were gonna talk about not drowning, but nobody realized they were gonna talk about not drowning in shit. Speaker 0 00:08:44 <laugh> no drowning in serious. That's right. Well, so the, so what we're actually talking about today is, um, I'm curious, just let know in the comments, if you guys can swim just as simple yes or no. Can you guys swim? And what I mean, can you swim? Like, can you, if I throw you in the deep end, which at some point, if we meet up at a live event, I will find a pool and probably get you some margaritas and throw you in a deep end, just to prove the point. If I throw you in the deep end, are you in trouble or can you swim right? Simple, yes or no. In the comment, can you swim? Because what we are talking about, uh, we had a call on Tuesday and, uh, James Mero says I was on the swim team as a kiddo. Woohoo. Speaker 0 00:09:26 Have you forgotten or can you still swim? Um, I'll tell you a little bit about my story about swimming, um, in a moment, but before we get there, what we were on a leadership meeting on Tuesday, and we were talking about some projects that we are running here internally, and we were talking about success criteria, right? What, how do you know when a project is successful? So in the case of renting an office space from someone, one of the success criteria would be, it doesn't get flooded with, uh, feces and effluent water. That's a fail metric. And as far as I'm concerned, let's go rent an office space and let's put on the criteria. If this place floods with effluent, water and feces, while all our gear is in there, that's a failure metric, right? Uh, not a success metric. Um, a success metric would be we get, we, you know, how do we know? Speaker 0 00:10:20 How do we know that we have successfully rented a new office space? Well, I turn up to work on a Tuesday morning and or a Thursday morning and we go live in the digital Mavericks Facebook group. We run an episode of the agency hour. The set looks beautiful. The sound works. It's quiet. There's no sewage on the floor, win winner chicken dinner. Everyone's happy. Right? That's the success criteria. Now there is a whole bunch of decisions we need to make between where we are now and to get there. But we are talking about the outcome that tells us that this project is a success. So swimming lessons, right? Swimming lessons, the CRI the success criteria. Like tell me this. Why do we learn how to swim? Let me know when the comments before Pete spoils it for everyone, why do we, why do we, why do we learn Speaker 1 00:11:11 How to swim? I know, I know. Speaker 0 00:11:13 Why do we learn how to swim? All right. Do I have a drum roll sound effect, Close enough, Pete, why do we learn how to swim? Speaker 1 00:11:21 So we don't drown. Speaker 0 00:11:23 Oh, ladies and gentlemen, Ladies and gentlemen, there we go. So we don't drown down. What's wrong with drowning. Speaker 1 00:11:35 Well that it's not a good way to, uh, live <laugh> Speaker 0 00:11:40 Right. So there we go. The ultimate outcome is we want to stay alive. We wanna get in the water and come out alive, right? Yes. So not drowning. There's great band in Australia in the eighties actually called not drowning waving. <laugh> not drowning. Just waving, uh, the, the, so the idea, the reason that you have swimming lessons is so that you don't drown right now. When I was a kid, it's a story time I need, I need a, I need an audio sting max, for story time with uncle Troy, do I have a, do I have a, no. How about this? Oh, here we go. Speaker 0 00:12:21 That's a bit vibey. Isn't it? That's a bit vibey. All right, max, find me, find me some new music for story time with uncle Troy, I know build a bumper. Let's build a bumper for story time with uncle Troy story time with uncle Troy. When I was a kid, I had asthma and my a pretty bad asthma. And I used to come home. I, you know, would come home from primary school and I would sit on one of those nebulizer machines for 45 minutes, uh, every day of the week, actually for a period of time. And I remember watching all the other kids in the street out there, kicking the footy around. And, um, and I had to sit inside after school, on this nebulizer for 45 minutes to help clear my lungs and my chest so I could breathe properly. So as a result of that, my mother was a little bit concerned about me being around the pool. Speaker 0 00:13:02 And we were very, we were so fortunate. We had a swimming pool in our backyard. All right, we there's, I don't remember this cause I was too young to remember it, but I, we have video footage of the crane lifting up the inground swimming pool and lowering it over the roof of the house and into the backyard. And we were the only, we were the first, uh, house in the street to have a swimming pool. And so therefore we had a lot of friends as kids cuz everyone to come over and use the pool. And my brother was a really confident swimmer. He just took to the water. He, he was a water, a water kid. He loved swimming and I wasn't that confident. And my mother was really, really anxious about me being in the water, obviously because I had asthma and she didn't want me to drown. Speaker 0 00:13:42 Right? That's the failure metric. Please don't want my child to drown. So she was quite concerned about me. So I always had the floaties on. I was always hanging onto the edge of the pool. I was a little skinny cat in the water and turns out I only learned this a couple of weeks ago. I knew my mom was quite ill as a child. She spent a, she spent the best part of a couple of years in hospital at the age of about seven to nine. She had a, a rare condition called rheumatic fever. And as a result, she didn't learn how to, she never learned how to swim hope if mum's watching this, by the way, I hope you don't mind me sharing this mum. Um, she never really learned how to swim. She could kind of do breaststroke and a bit of doggy paddle with her head above water, but she never learned how to do freestyle with her head under the water and all that kind of stuff. Speaker 0 00:14:24 So turns out the reason that she was a little bit nervous about me being in the pool is probably because she wasn't confident that she could dive in and rescue me if she needed to. Right. My dad was always busy in the yard building stuff and cleaning up stuff and building, retaining walls and fixing the garden bed and all that kind of stuff. My brother was super confident in the water. And so I was kind of left on the sidelines with my floaties on and never got my confidence up. Mom tried a whole bunch of different specialist teachers who specialized in teaching kids how to swim. And I was just petrified also when I was about eight or nine years old, some punk in the street who, who one of our neighbors threw me in the deep end of the swimming pool. And my brother had to jump in and rescue me, had to jump in and pull me out because I thought I was gonna drown because I couldn't swim. Speaker 0 00:15:10 Um, and so that little kid was a little shit of a kid. And um, uh, I'll never forget the terror that he calls me. So we have kids now and Oscar loves swimming. He loves the pool and he's getting really good at it. And so he's having a couple of swimming lessons a week at the moment. We've put him into a different swim school to, uh, help him because he just needs more one-on-one attention cuz he's loving it. Like he's, he's diving under the water and trying to do freestyle. No one's ever taught him to do freestyle. He's just watching. Right. Amy's a fantastic swimmer. She's really confident. So, um, when we were in Europe in 2010, there is a point to this story, by the way, when we were in 2000 and in Europe in 2010, we stayed in this little Villa in Tuscany, San Givani. Speaker 0 00:15:58 Val was the little town that we stayed in for a week. I remember they had Peroni beer on tap, uh, and I drank a lot of it. And Amy, my wife basically taught me how to swim in the swimming pool at this Villa. Then we came home to Australia and she bought me swimming lessons. God love her. And I went and had swimming lessons and I kind of learned how to swim, but I was always, I never really, uh, took to it because I was always panicking. I always panicking with my head in the water, right? My face is underwater panic. Um, so recently I was like, you know what, screw this. I'm gonna learn how to swim properly because I need to, for Oscar, I need to, I need, I, we live in Australia for fuck's sake. Like you need to learn how to swim. Speaker 0 00:16:38 And I got two kids now, so I need to be confident. So I went and had swimming lessons and I'm having swimming lessons and I'm loving it and I'm getting so much better. And I, because I'm just spending time in the pool. And also I've just realized this. Now, as I'm telling this story, I have the biggest reason in the world now to learn how to swim. Whereas before I had kids learning how to swim was kind of like a, well, I'll get to it one day and it's probably good if I do know how to swim. Cause I live in Australia and when I travel, I do like to swim and I love being in the water. So it's probably a good idea. Now it's like, you have to learn how to swim because if you have to jump in the water and rescue your kids, you don't wanna be the one that drowns, right? Speaker 0 00:17:14 So not drowning is the ultimate failure metric. So I'm having swimming lessons, loving it, getting my confidence up. And the point of the story is, is that one, I have a very, very clear motivation, a very big why for doing this. But also the outcome that I'm aiming for is extremely clear, very easy to articulate and everyone understands it. The swimming teacher understands it. I understand it. Everyone understands it, right? Why are we doing so we don't drown so we can jump in the water and rescue our kids. Fun, little story, scary but fun little story. The other day, we're at the pool. We hang out in the kiddie pool for a bit. We're with the kids. Everything's good. It's time for me to come over and do my laps in the big pool. I come over, start doing my laps in the big pool. Speaker 0 00:18:06 Oscar wants to come over and watch dad swim. So Amy gets outta the kiddie pool with holding Goldie and Oscar coming along and they get in the, the big pool. Amy makes an assumption that if she gets in the middle of the big pool, it's still gonna be shallow enough for Oscar to touch the, the, the floor, right? So she gets in with Goldie. She's standing up, Oscar gets in behind her. She can't see what's happening. He can't touch the bottom. He freaks out, he's starting to panic. He's starting to thrash around. He's like, oh, this woman standing right next to him. And she's like, can this child swim? And without even thinking, she just reaches down and pulls him up by the arm. And I come up after my lap and all I can hear is Oscar crying. And I turn around and he's cuddling mum and he's freaking out and I'd swim over there and find out what happened. Speaker 0 00:18:48 And the lesson for us was, you know, never assume anything, like never take your eyes off them. And because Oscar's so confident in the water, it's kind of easy to go. Well he's all right. So it was a big lesson for us. Interesting. Also the woman said she was nervous because she knows that some people get weird about touching their kids. She was like, fucking get your hands off. My kid. What are you do when you're crazy person? I'm like, are you serious? You're a guardian angel. Like you're in the right place at the right time. Thank you so much. Uh, you know, you saved us a lot of heartache. The life savers by the way, were fucking missing an action. Amy wrote an email to the swim school game. You might just wanna review your processes a little bit because even after the event and there was a lot of commotion and chaos and lots of crying, they never came over to see if we were okay. Speaker 0 00:19:30 So we did, uh, gave them some feedback. So point is let's not drown. And in order to do that, we're learning how to swim. Right? Um, James swimming is a great way to relax and forget about agency work. Yes, it is. It's an incubation exercise. If you were at Mav con a couple of weeks ago, we talked about incubation and being in the water is a great way to incubate your ideas. Uh, we have coast on three sides and the councilors closing the only place where kids learn to swim genius, what an excellent move by the local council there, Martin. Fantastic. Why are they doing that? Uh, so what I wanted to do on, on this call, what PE, so we were talking on the leadership meeting this Tuesday about the success criteria of projects. We were talking to max also about this agency, our podcast. Speaker 0 00:20:20 And I said to max, how will we know when the podcast is success? And we started brainstorming some ideas. And so what we wanted to do on the agency hour today was kind of help you understand how to define the success criteria for projects that you work on in the business. We're not, I mean, you can apply this to client projects and I'm happy to have that conversation. But the point here really is when you are working on the business, how do you know that you are working on the right thing at the right time? And how will you know, when it's a success? And we just had an agency join Mavericks, recently, three owners doing really well, seven figure agency. And they admitted we don't spend any time working on the business truthfully because we're not sure what we are supposed to do. Right? Speaker 0 00:21:12 We're not SU like let's carve out half a day to work on the business and they sit there and look at each other and go, we're not sure what to do. And so having a framework to figure out what to do and then having the outcome the end in mind, and then reverse engineering and working backwards. Right. So we wanted to just throw this open to you guys. And maybe, I don't know, Pete, maybe it's an idea to have some examples of projects that you're working on, right. Or things that you're trying to fix in the business. So for example, it might be how I need to hire a new developer to manage my care plans. Great example, like how will we know when that has been a success? Yeah. Good. Speaker 1 00:21:50 Yeah. Those kinds of things. So, um, yeah, you can, I mean, they can be around revenue, right? Goals can be around revenue. They can be around, uh, ex exploding the team or elevating the team. They can be around packaging, your products into, or services into products. Mm-hmm <affirmative> um, anything operational they can be, they can be just a matter of, we, I talk to so many people who are in Maverick or, uh, accelerator programs who are, who have no idea what their numbers really are. So like, you can, a simple one would be by the end of the quarter, I will have, I will. And, and whatever the success criteria is, but you'll, you need to know more about your numbers. Um, so yeah, Speaker 0 00:22:36 Yeah. The, the way that, the way that I think about success criteria is there's, there's the thing, right? That, that tells us whether or not it's a success. And then there's the, the way that we, the measurement device, right. That we're gonna use to measure that. Speaker 1 00:22:51 Right. How do you know when it's done? Speaker 0 00:22:53 That's right. How do you know when it's done? How Speaker 1 00:22:54 Do you know when it's done? Speaker 0 00:22:57 Yep. Um, so, Speaker 1 00:22:58 You know, you know that your revenue goal is, is hit. When you look at your numbers and you can see that your revenue is increased. Um, as far as a team, like if you were hiring a care plan manager, a care plan developer, you would know that that was a success because you would have somebody in that seat and you would no longer be involved in the care plan. Speaker 0 00:23:24 Mm-hmm, <affirmative>, that's Speaker 1 00:23:25 Wrong. That's, that's really the success criteria. There is. I'm not doing it anymore. Speaker 0 00:23:29 Correct. Speaker 1 00:23:30 And then there's a lot of steps that have to happen before I'm not doing it anymore. Speaker 0 00:23:34 Yeah. Um, so let's break some of these down. Just wanna touch on a couple of comments. Jason res Nick, Hey, re uh, welcome to the show. My wife, girlfriend at the time. Sorry, I haven't got back to your Vox tube, by the way I've been in, we are moving off office, as you might have heard at the start of the show because our studio was flooded with sewage. Uh, so, but I will get back to your brother. My wife, uh, told me right before we dove into do snorkeling in the Caribbean that she couldn't swim. All I thought was, oh God, she better not drown. Otherwise I'll become a permanent citizen of St. Thomas. Speaker 0 00:24:05 <laugh> fantastic. Um, if you do gap selling, then you should know the success criteria of the project. Yep. Uh, and, uh, Timmy gray says, yes, there's some mindset lessons here. I panicked when I can't touch the bottom. Yeah. I used to as well. And then I learnt to, uh, lent to tread water. And, uh, it's a game changer. So let's talk about, um, let's just run through some examples here. Right? Let's talk about hiring a care plan developer. How, how, what, what is, and here's where I would encourage you or all I would invite you to think about, you know, what usually happens when, when you start thinking about outcomes and success criteria is you'll say something like, well, um, I've hired a care plan developer and the care plan developer is, is how do I know it's successful because I've onboarded them. And they, uh, are starting to manage the care plans for my clients. Speaker 0 00:25:04 And you might think that that's the success criteria and you might think that's a successful outcome. Right. What I would encourage all of you to do is just ask yourself. So what, and I, I don't mean that disrespectfully, but, uh, you know what the, the, the question is, okay, what then, like, so your, your care plan developers on board, and they're starting to manage care plans for clients. What then what happens next? Like, why does that matter? Why is it important? And think about the, the next impact of that, like the next consequence, consequence of that. Right. So for example, there's there's, and I typically like to have no more than three success criteria for a project, cuz otherwise I think it just gets a little bit difficult to manage. So if we're hiring a care plan developer, one of the, the ultimate outcome might be, and I'm always looking for the ultimate outcome that proves everything else to be true. Speaker 0 00:26:06 So for example, if I said, one of the success criteria of hiring a care plan developer is that in 90 days, time we are running regular CSAT surveys with our care plan. Customers, CSAT stands for customer satisfaction. We're running regular CSAT surveys with our care plan customers. And we are cons consistently ranking at four plus outta five stars for our care plan service, right? That is a success criteria. Now you can't achieve that. And by the way, um, Troy is no longer involved in any care plan work. That would be one of that would always be one of the success criteria when hiring a team member to do something that you are currently doing is that you are no longer involved at all. That is a success criteria. So to think about this for a second, if in 90 days, time we are getting four or more stars outta five for our care plan work. Speaker 0 00:27:05 And I'm no longer involved in any of it. We can't achieve that without onboarding a care plan developer, teaching them the systems that we use to do it, having them start to manage care, plan, work, right? Getting them to automate the monthly reports that go out to clients. All of the things that need to happen that you might think are success criteria are just decisions that need to be made to achieve the ultimate success criteria, which is to not drown. Right? So back to the swimming analogy, how do we know that my swimming lessons, me learning to swim? How do we know that's a successful project? Well, Troy's in the pool and he's doing three laps of freestyle and then two laps of backstroke. Okay. Troy's gonna swimming lessons every Tuesday night. Okay. I'll tell you what Troy doesn't drown like the, the simplest that you can, in fact, if you can distill your entire project into one sentence, less than 10 words, Troy doesn't drown three words, right? Speaker 0 00:28:10 Nothing else. Everything else is irrelevant. Whether I do 10 laps of freestyle and four of backstroke or one of breaststroke and six of butterflies, I relevant Troy doesn't drown. That's all that really matters right now with the care plan developer. Does it matter whether he uses managed WP or infinite WP or blog vault or who cares doesn't matter. CSAT from care plan customers is four or outta five or higher. And I am not touching the keyboard. That's all that matters. Everything else is detail. That is kind of irrelevant as long as we end up at that, as long as we cross the finish line in first place. Right? So, so I would encourage, because typically what I see happening is when people start to define success criteria, they start to describe how we are gonna get there. Right. And if you're gonna climb Mount Everest, there's only one success criteria. We are on top of the summit with our flag in the air and we're alive. Actually. That's probably not the success criteria. The success criteria for climbing Everest is we, we top summit, we raise our flag and we make it back home, safe to our families. Right. That's the success criteria cuz you know, more people die on the way down than on the way up. Yes. Yes. So, um, maybe not more, but a lot of people die in the way a lot of Speaker 1 00:29:37 People die one way or the other, a lot of people die Speaker 0 00:29:39 That's right. So you know, what is the success? So, you know, well, you know, the success criteria is we get the base camp. No, no, no, no, no. That's irrelevant. Like you can't summit Everest and make it back down without getting the base camp. That's just a step correct towards the goal. Yeah. It's a detail. So if you, if you, if hiring a care plan developer, if one of your success criteria for hiring a care plan developer, is that you onboard them and teach 'em how to use managed WP. Speaker 0 00:30:09 No, it doesn't matter. Doesn't matter. They might come in and say, Hey man, uh, thanks for the job. By the way, I've been doing care plan, uh, work for hundreds of customers for the last five years. And I hate managed WP and I'm gonna use infinite WP cuz it's way more efficient or whatever. Right. And you're gonna get in the way and go, oh no man, we have to use managed WP. Right? Just let them do their thing, get outta their way. Don't worry about the details. Just work towards a common goal, which is four outta five on our CSAT for our care plan work. And I'm not involved. Right. Make sense. Yep. So what other, so let know, let me know when the comments or Pete, if you've got any ideas, uh, from Mavericks or accelerators, let me know, gimme some examples, let's workshop some examples of projects and I'm happy to talk about our podcast as well. Speaker 0 00:30:52 And we can kind of dive in, uh, to some of that, um, some of those, um, criteria, but give me some examples of projects that you are working on. And this is also a really good exercise to run through with your clients, right? This is, I mean, you know, this is go wide, go deep, right? Like if you are sitting in front of a client, if for those of you who have done the blueprint course, you will have learned the go wide, go deep. For those of you who haven't done the blueprint course, what the hell is wrong with you? Um, go wide, go deep is, you know, if someone says, well, we think we need a website. The first question is why like why do you need a website? How will we know when this is a successful project? Right? So use this same. Speaker 0 00:31:33 And, and the first answer that clients give you is not, it's not untrue, but it's not the truth. Right? I'm reading this book at the moment from, um, guy that wrote the coaching habit, uh, which is a great book. He's written, uh, a follow up book called read advice trap. And the coaching habit is, uh, what is his name? He's got this great little company called box of crayons. <laugh> uh, is his, is his company name? I, I, I think he's Australian too actually. Um, that sounds like, yeah. Um, he's um, his name is, uh, I can't even remember his bloody name, which is terrible. Um, someone told me his name, Michael Michael bunga, Stier, Michael bunga stadia, right. Wrote a book called the coaching habit. He's written a follow up book called the advice trap is, uh, be humble, stay curious and change the way you lead forever. And really it's about asking more questions and giving less advice. Right. And one of the things he says in, um, in, um, in the advice trap is the problem with giving advice is that if you, if someone says to you, you know, if, if someone comes to us Pete and says, Hey man, I'm really struggling. And I need to hire a care plan developer and we go great. And we just start diving into helping them hire a care plan. Developer. Chances are, we are solving the wrong problem. Speaker 1 00:33:09 Right, Speaker 0 00:33:10 Right. Because we've just accepted what they've said at face value. So doing a go wide, go deep asking lots of questions. Why do you need a care plan developer? What's going on? Like, how are you gonna spend your time? Once you've got a care plan developer, uh, and you dig in and you find out that they've got 12 clients on care plans, right? Which, which equates to about, you know, $1,800 in recurring revenue and their sales pipeline is dry. You go, you know what? You don't need a care plan developer, man, you need to fix your sales pipeline and bring in more recurring revenue cuz you can't afford to hire a care plan developer right now. Right? You need to get, you need, you need a sales process, you need a sales pipeline. You need to increase your recurring revenue. Right? So asking lots of questions and digging deep and actually figuring out what the actual problem is. And then putting the success criteria, defining the success criteria around that. Speaker 1 00:34:02 S I, you need to hook up with me, my man. So we can, we can have a conversation about your message there. I just started with sales accelerator. Uh, and, and if you sit down with me, which I just asked you, I think today in slack, I just asked you, if you sit down with me, we will set some, some good goals for you and some success criteria for sales accelerator in the next 90 days. So Speaker 0 00:34:25 With buddy love it. That's, Speaker 1 00:34:27 That's actually what we do as coaches. We sit down with you and if you're a Maverick, we should be asking those questions like Troy said, just cuz you think you need this doesn't mean that that's truly what you need. Let's, let's go back to your, let's really dive into the situation. Let's look at your flight plan or your goals and, and see what it is you really truly need. And maybe, maybe you're right. And maybe you're not, but let's get it. Let's get it figured out. Speaker 0 00:34:53 You know what? One of the, one of the, um, byproducts of this is that you end up with a smaller to-do list. If you get really super focused on the actual problem you're trying to solve, and you have success criteria packaged around it, your to-do list gets a lot fricking smaller because there's all, there's all this stuff that we feel like we need to do. And if you get clear about the success criteria, like, I mean, frankly, to learn how to swim, I don't need to know how to do breaststroke or backstroke. All butterfly, all I need to do, all I need to learn is survival stroke, which is, you know, that kind of like breaststroke on your back, which actually is the most, the thing that comes most naturally to me, in fact, that's the, the, the stroke that I've been doing. When I, when I couldn't swim, I just lay on my back and kind of look like a frog upside down. Speaker 0 00:35:44 Right. I just kind of kick my legs and, and do this with my arms and lay on my back and I float. Right. I just need to know how to do that and freestyle and tread water. Right? In fact, to not drown, all you really need to do to know, to do is how to tread water. Yeah. And have a flare with you at all times. Right? <laugh> right. Tread water, send up a flare, put your arm up, tread water. And don't drown. That's all you need. You don't need to learn how to do butterfly. You don't need to learn how to do tumble turns. You don't need to learn how to breathe underwater with goggles. All you need to learn to not drown is you need to learn how to tread water. And it would also be helpful if you could do freestyle, because then you can swim to a safer part of the water and maybe get out if you're in a pool or swim to a different part of the ocean and put your hand up and get some attention. Speaker 0 00:36:28 But the point is you don't need to learn all this other stuff to not drown. So if you get clear about the success criteria, then your to-do list gets smaller. Um, so Shamus jump on a call with Pete and he'll, uh, definitely help you with that. Um, so max, I want, I wanna talk here. Uh, I thank you, Brian. He said, this is gold. The rule of three too often. We have every metric under the sun to measure success. Yeah. Right. And it's just like meaningless, you know, like what is the point of having all those metrics if you're not taking action on the data? And I dunno about you, but show me one number that's significant, right? There's usually one number in every part of the business that is, if you think about sales team operations, you can do the work and distill each part of that business down to one number that is the most meaningful number to improve. And if you improve that number, it's the big domino that knocks over the little ones. Right. So give us an example of what you mean. So, you know, SA well, so if you looked at sale there's sales team and operations, if I looked at sales, the one number there could be, depending on your business model, the one number could be obviously revenue like monthly revenue. Speaker 0 00:37:50 If you are a business that is built on recurring revenue and you have a signature system dialed in, it could be number of new clients that you're onboarding into your, and let's say you have a silver gold platinum plan package, right? For want of a better term. It could be the number of clients that you are onboarding into silver, gold platinum each month. In fact, we have a financial spreadsheet, uh, built that Chris Martines from due agency introduced me to called the pro performer, which is fricking amazing. And it allows you to punch in your monthly sales targets to each of your recurring revenue packages. And you can then predict how that's gonna affect your cash flow and your revenue and your profit for the rest of the year. Right? So it could be your number, your one number might be six platinum clients a month. Speaker 0 00:38:38 That may be the only, like if you, if we get that everything else is gonna be great, right? That might be the number depending on your business model. So from a sales and marketing point of view, it also might be, I know that every lead I put into my sales pipeline is going to, uh, my sales pipeline converts at 25%. It usually takes four to six weeks. An average deal is worth 12 grand. I know that every prospect I put into my sales pipeline, qualified prospect, I put it on my sales pipeline is going to end up being worth $3,500 because of the conversion rate. So, you know, 70% of 'em won't convert, but 25 will and it takes this long. So you work out that number and go, right? My focus is to put in 15 qualified leads into my sales pipeline every month. Speaker 0 00:39:25 That's the one number that matters. Cuz if I do that, I know I've got my conversion rate and my sales process in place. That's the number I need to focus on. Maybe you're getting heaps of leads. We had a conversation with a guy in the states, who's got a team of 25 and has heaps of leads, but converting is terrible. The conversion rate, they just, they have no sales process, right? So his number is conversions. He just needs to convert more leads. So one number in sales and marketing right team, um, it's typically gonna be around, uh, you know, there's a, there's a couple of numbers. It can either be around outcomes on their job scorecard. So are the team, what percentage of the team are performing at a, at an a level like how many a players do we have in the team that are hitting their numbers regularly? Speaker 0 00:40:11 It could also be if you've got a great team. So we've got some agencies who have a great team who are doing a great job, but they're finding it hard to keep staff because the staff are getting poached by larger agencies who are offering bigger pay packets, right. Which is a real problem, particularly in, during COVID because what people want is they want flexibility. Uh, they wanna work from home. Uh, they want more pay and digital marketing staff and web design staff are in high demand. So in that case, it's gonna be something around culture. In that case, if that's your situation, then your one number might be your employee satisfaction. How happy are my staff working here? Right. And we just run a simple ESAT survey every 45 days or every 60 days to figure that out. And we do things to improve the culture, to retain staff from an operations point of view. It's the obvious one is around net profit. How efficiently is this business running? I've got all these sales coming in on, we've got the sales and marketing stuff, dialed in. The team are doing a really good job and everyone's really happy. How can we increase the profit margin? And that comes down to operations. Right? So tier, so there's like three numbers that give you a, a, a kind of a high level overview on how the ship is, uh, tracking and whether or not we need to course correct. Speaker 1 00:41:27 I think on my, my team, every one of them has on their, on their scorecard client, happiness, not just not internal client, but external client happiness. Mm-hmm <affirmative>. So I think that that's, that's something that every team member should be responsible for. Speaker 0 00:41:44 Great. Love it. Um, couple of questions, Martin Apostol says, why do you guys call it a care plan developer? What should they develop? They're rather a care plan automat or monitor sure. Whatever. Yeah. Care plan VA doesn't matter care plan assistant. Cool. They Speaker 1 00:41:56 Need to, they need to know how to update a website. That's Speaker 0 00:41:58 Basically correct. Yep. Yeah. Um, James Mero says, I keep thinking I should hire a care plan developer. Well then you should James Speaker 1 00:42:04 <laugh> you should talk to, you should talk to your coach. Speaker 0 00:42:07 Totally. Yeah. Get on a call with Michelle and pull the trigger and get one. Um, uh, now this is, I think this is Brian Duckworth who says in my team dynamics method, Ooh, I'm gonna take that on board as the outcome, the client will get from each segment three success factors or less. There we go. Love it. Not exactly sure what the team dynamics method is, but it sounds interesting. James says, is that pro sheet public? Well, no, it's for Mavericks dude. And you're a Maverick. So hit your coach up. Um, you need some guidance with that. Proformer uh, it is the, the, I think of the pro performers, like turning the headlights on in the business and going, oh, we're gonna hit that wall. Or we gonna go over that cliff or we gonna drive into the sunset or we gonna land in tropical paradise and sip Peter coladas by the pool now that we know how to swim. Uh, so the pro performer is turning the headlights on into business and if, uh, hit your coach up dude, and, um, um, and otherwise you and I might just jump on a quick call and I can walk you through it. There's a couple of pieces. Speaker 1 00:43:03 I can walk him through it. He's in my time zone. Yeah. Speaker 0 00:43:05 Perfect. Um, there's a training in the academy website for it around financial clarity. Um, and there's a few, like, it will take you a few drafts to get it right. It's a little bit, uh, complex. Um, Pete will walk you through it, then go away and do it and then give it back to you. Squadron. I'm happy to run my eyes over it when you've done a draft as well and make sure you know, can poke any holes in it. Make sure you're not missing anything. Awesome. So have you guys got any, oh, have you guys got any examples, any, any ideas that you want us to run through to help you develop success criteria? And I do just wanna touch on what max has said here. Uh, this is what came up in our leadership meeting the other day. We believe that it would be beneficial. Speaker 0 00:43:47 And this is where success criteria is really powerful on our leadership meeting. Michelle and Pete were talking about how good it would be to have a customer journey map or a customer journey, something to show our customers and our, and our ecosystem, not just our customers, but our people who are in the digital Mavericks, Facebook group, who are on our email list, who maybe not a customer at the moment to show them, give them a visual or an idea or some context and say, Hey, based on what's going on in your business right now, you are here. And this is the typical journey that we've seen freelancers and agencies go on. And we've been doing this for over 10 years and we've trained thousands of them. This is typically what happens, you're here. So this is the typical journey you're gonna go on. This is what's possible. Speaker 0 00:44:41 These are all the things you're gonna need to do to get there. And we can help you at certain, um, junction points along the way, by getting you tapped into some of our courses or some of our coaching or some of our resources to help you. Right. And we kind of Pete and I were going, you know, cat's done some work in the past on these beautiful PDFs. And we're like, yeah, it'd be great to have an infographic. And then, and then we kind of pulled back and went, hang on a second. That's just, that's just a piece of the way that we present it, right. Could be some videos, could be a podcast, could be, uh, a training could be some PDFs, could be some software. We're not sure what is the outcome that we're actually aiming for. And we kind of brainstormed what max has written here, that everyone in our ecosystem knows where they are, where they can get to and what training they need to get there. Speaker 0 00:45:35 Right. And I, and one of the things that we've tried to do in the past, and I, and we are gonna do this again, is I think is to give us all a common language so that you guys in the group can go, oh man, I'm a cadet. I know where I am on the, in, in the bigger picture. I know where I am I'm and at the moment I'm a cadet. My next step is pilot. And then top gun, right? That's like a simple kind of three step process. So I'm just starting out. I'm a freelancer, got a little bit of recurring revenue. Maybe I've got another team member working with me, another contractor or whatever, or maybe I'm just doing everything myself. You're probably a cadet, right? If you've got a little bit of a team and you've got some rec, you've got enough recurring revenue to pay for the team, you're a pilot. Speaker 0 00:46:18 And then once you've got a team doing everything in your kind of off the tools, and you're in the world of like an Adam Silverman or Simon major, you, you're a, you're a top gun because your team are doing everything and you are literally running the business. You're not involved in any of the day to day operations, right? So just knowing where you are and being able to identify, Hey, I'm a cadet I wanna get to pilot. What do I need to do? We look at sales team ops and go well from a sales point of view, you need to do this from a team point of view. You need to hire a developer from an ops point of view. You need to get this dialed in and then you'll be a pilot. And then to get from pilot to top gun, you need to do this, this and this. Speaker 0 00:46:52 And then we can plug you into the resources. And so the success criteria is everyone in our ecosystem knows where they are, where they can get to and what training they need to get there right now. Again, if I, if I peel the layer back again, like how will we know when we've achieved that? If I look at the practicalities of it, I would say, well, we log into the digital Mavericks Facebook group, and we see conversations and people putting their hand up and saying, Hey, I'm a cadet. And I'm focused on team. How do I need to get to pilot? What do I need to do? Who should I hire next? If we see those conversations going on in the digital Mavericks, Facebook group and our email list, people responding to our email saying, well, I think I'm a, I'm a pilot here. I need some help with sales to get the top gun I'm focused on sales for the next three months. How can you guys help me right? Then Speaker 1 00:47:42 Actually, actually we want to hear them say, I want to upgrade my on ramp. Like we want use our language. Speaker 0 00:47:49 Yeah. So that we've got a common language so that we will understand. So that, so that you know, where you fit in and what the next step is. Right. Um, so I think that's, you know, the, the success criteria that we've got here, everyone in our ecosystem knows where they are, where they can get to and what training they need to get there. I still ask, well, how will we know when we've achieved that? And I think it's, we see conversations from people identifying that they're a cadet and they wanna get to a pilot, or they're a pilot. They wanna get to top gun. Right. Speaker 1 00:48:19 When da, when Damien is reporting back to us, that people are calling him and saying, this is where I am. This is where I need to go to. So I think I need to do this. Speaker 0 00:48:30 Yeah. Right, right on. Correct. So Damien is, uh, one of our consultants. Uh, he helps onboard clients into the right program. Right. So he does a, a deep dive analysis helps you work out where you are, where you wanna go and then gets you plugged into the right resources. And if he's hearing that feedback from cus, from clients saying, well, I think I'm a, a, a, I'm a cadet. I need help with team. I need to hire a developer so I can free my time up. So I can then focus on biz dev then. Great. That's the kind of feedback that we wanna be hearing and seeing from our ecosystem, from our tribe. And then we know that we've done that, that we've mapped out that customer journey successfully. Right. Makes sense. Speaker 0 00:49:15 Do you guys have any examples? Do you guys have anything that you are working on in your business at the moment that you are struggling to, to understand how to put, like how what's the finish line, what's the gold medal? How will, you know when you've achieved that? And by the way, if you're listening to this as a podcast and you're not in the group, uh, contributing to the conversation, uh, and being a part of it, then come and join the digital Mavericks. Look at that. Hey, max is just, I mean, if you're in the group, you would've seen, max just pulled up a, it was very quick, max. There we go. Join the digital Mavericks Facebook group today brought to you by agency Mavericks, uh, get on over to Facebook and search for digital Mavericks. Join the group. There's about 12,000 people in the group. These days come on in and be a part of the conversation and ask questions. If you need help with success criteria, just tag us in a comment, ask a question, tag me or Pete in the comments and we'll come in and answer those questions. Uh, all the episodes of the agency hour are in the group. This is episode 23, by the way, or the agency, really? And you were a podcast Virgin. Before we started this, Speaker 1 00:50:22 I was a podcast version. Speaker 0 00:50:24 There we go. Episode 23. Doesn't take long. Uh, uh, so, and, and let us know if you've got a project that you are working on, that you need help with success criteria, ask in the, the chat and we'll come in and answer those questions. If you tag it, you need to tag me otherwise. I just won't see it here. Speaker 1 00:50:39 Me too same Speaker 0 00:50:40 Here. And for those of you watching now, do you have any projects that you are working on? Let us know in the comments we have about 10 minutes left here. Um, and so if you've got any projects that you're working on in the business that you need help defining success criteria, we are here. I'm happy to brainstorm some ideas for Speaker 1 00:50:58 You otherwise. Otherwise we're gonna go back to talking about sewage. Speaker 0 00:51:06 Oh shit. Really? Uh, so another example that I wanna talk about is one of the things I see people getting stuck on a lot is, um, processes. One of the most common conversations I have is people saying, oh man, I'm so busy doing the thing. I need to hire someone, but I can't hire someone just yet because I don't have my processes organized. And so I need to organize my processes before I hire someone, but I haven't got time to organize my processes. And so I'm kind of stuck, right? That's we hear that all the time and <affirmative>, and Speaker 1 00:51:42 Not necessarily in that voice, Speaker 0 00:51:43 But <laugh> not in that voice. No. And the truth is two things. One you don't, as an agency owner, you don't have time to document processes. And I don't care what anyone says. It's not your job to document processes as an agency owner. I know it's controversial. Lots of people are gonna disagree with me. Lots of people out there selling software around processes, that and training and coaching around processes that are gonna tell you as an agency owner, the only way to free yourself from your own business is to build SOPs. That's true. Doesn't mean you have to do Speaker 1 00:52:20 It right. Exactly. Yeah. Right. So the problem is the problem is a lot of agency owners are still wearing the project manager high Speaker 0 00:52:29 Mm-hmm Speaker 1 00:52:29 <affirmative> and it is the project manager's job to get those processes written, whether they write them or the people they manage, write them. So when you're wearing the project manager hat, it's a little more difficult to take that hat off and get those processes written. So what, what your type to that? Speaker 0 00:52:48 Well, my advice is, first of all, when, when we start a business, we kind of do everything, right? You, you become the, the, the CEO, the chief everything officer, and you do everything in the business, right? Cause it's just you, when you start hiring people, you still, you're still doing everything except what they're doing. So if you, so for example, if you hire a designer, so first of all, let's make an assumption that you are not a unicorn, right? Let's make an assumption that you are good at starting a business, but you are not the best designer in the world. You're not the best developer in the world. You're not the best SEO in the world. You're not the best care plan manager in the world. You're the best project manager in the world. And you're not the best copywriter in the world, but you're good at starting your business. And you're good at talking to clients. And you're good at coming up with solutions for clients and coming up with strategy, right? So BA like, is that a fair assumption that you can't be? Yeah, no, you the best at all of those things, Speaker 1 00:53:42 You might be really good blank, but you can't, you know, you can't do everything. Speaker 0 00:53:49 Correct. Um, uh, David is, I'm gonna answer that question in a moment. Uh, so based on the assumption that you are not the best at everything, it's then logical to say, well, you shouldn't be the one documenting the processes, cuz your process. Ain't very good, cuz you're not a very good project manager. I've seen this happen so many times where people hire a project manager and then fire them within six weeks because they're not doing it the way the agency owner wants it done. And my question is, hang on a second, has this person got previous experience at project managing in a digital agency or web agency or a similar kind of service based business, working with small business owners. If you take a project manager, who's used to working on a hundred million construction projects and bring them into a digital agency, they're gonna struggle. Speaker 0 00:54:36 But if you take a project manager, who's had a little bit of experience and understands the agency model and has maybe worked in, you know, a smaller, uh, consulting or service based firm, right? And you bring them in, you don't then need to teach them how to manage projects. You need to teach them your business model and you need to teach them how you do things, what you do for clients. So we build websites, we do SEO. These are the moving parts. You don't need to teach them how to use Gantt charts. You don't need to teach them the difference between agile and water form methodology. And you certainly don't need to teach them how to use, click up. That's their job go great. You're a project manager and they say, awesome. I'm really good with AANA. I'm really efficient with Asana and you go, oh Speaker 7 00:55:19 No, oh, I've been using click up for the last three and a half years. We can't use Speaker 0 00:55:23 Asana. We have to use click up. I have an idea. Let's be flexible and let the project manager do their job. And if they say we're using Asana, we're using Asana. Cuz guess what? It's not your decision anymore. It's the project manager's decision. It's like telling a developer. You're a great developer, but I want you to use SAS as a CSS. Pre-processor from now on and GitHub instead of Bitbucket. And they're like, what are you fucking talking about that I now gonna have to learn all this. I'm really good at using less and GitHub. And you want me to switch my hop by the way, I have no idea what I'm talking about. No, Speaker 1 00:55:55 I was gonna, Speaker 0 00:55:57 You want me to switch my whole workflow? Just because you read a blog post that said Les was better than SA and Bitbucket was better than GitHub, right? Let, just let them do their job and then let them document how they do their job, right? So your team should be documenting processes. The only process that you as the agency owner should really be documenting ultimately, uh, the sales process, by the way, we have one of them for you. Sorry, James <laugh>. I told you, I didn't know what I was talking about. No one uses less anymore. He says great, less, less. There's less, less being used these days. You should document your sales process, which by the way we can give you, you should also document the process of recruiting a plays into your team, which by the way we can give you. And you should also document a process for building a great team culture, which by the way, we can give you and you should document a process for looking at your financials, which by the way we can give you they're the processes that as the agency owner, you should be concerned about everything else. Speaker 0 00:56:57 Your team can fill in the blanks because they're the ones that should be doing the work right Speaker 1 00:57:01 Now. If you're, if you're hiring, if you're hiring a project manager and then telling them how they should do it, you, you then are responsible for the outcome. Not them mm-hmm Speaker 0 00:57:11 <affirmative> Speaker 1 00:57:12 Right? Speaker 0 00:57:12 Correct. Speaker 1 00:57:13 They fail. If they fail that's on your ass. Not theirs. That's Speaker 0 00:57:16 Exactly right. Exactly. Right. Uh, David, it says if I'm just starting out, should I concentrate on processes first? Or should I try to get clients? I'm gonna give you about three seconds to guess what my answer will be one, two. Yes. Well done. Well done. Of course. Of course your focus should be to smooth out and optimize your processes so that your entire business is running like a well oil machine for the four clients that you have. No get clients get clients. Absolutely. Was there a weird audio delay going on? There was so happened there with the audio. Speaker 1 00:57:52 That's all fine. Speaker 0 00:57:54 Okay. Um, get clients. Yes. Getting clients is your focus. You, I promise you I've seen it happen. You can grow a business, an agency to between 500 and a million dollars, 500,000 and a million dollars a year in revenue by just shouting at each other in slack. Speaker 1 00:58:15 Yes. Speaker 0 00:58:16 You don't need a fantastic, beautiful, well optimized, gorgeous handwritten operations manual of SOPs type set in copper plate, Gothic, bold to grow a seven figure year agency it's horses, shit. What you need is clients. And you need to be able to deliver results for those clients. At some point, you will need to document the processes. If you really wanna scale, cuz things are gonna start to fall through the cracks, right? But you do not need processes unless you are already at multiple six figures. And if you haven't got enough recurring revenue in the business to pay for the team, that should be your focus Speaker 1 00:58:48 And, and scale doesn't mean what he's talking about when he says scale isn't necessarily hiring your first or your second employee it's or team it's it's really truly scale. So the first couple employees should be writing those processes for you and, and then you can get ready to scale, Speaker 0 00:59:08 Correct? Yeah. Hey, this has been fun. Speaker 1 00:59:13 Look at that. We made it, Speaker 0 00:59:15 We made it. We made the, we made the agency hour, Speaker 1 00:59:17 Made the hour. Speaker 0 00:59:19 We made it an hour. Um, if you guys want any, uh, help with defining success criteria around a particular project that you are working on in the business, please let us know in the comments. Even after the replay, even after this is, we're gonna turn this off in a minute, watch the replay, leave comments, tag us in the comments. We'll come back and answer those questions. This has been another episode of the agency hour. Uh, make sure you subscribe. I think it's gonna be on Spotify. And uh, is it gonna be on Spotify? We're going on Spotify? Yeah. Okay, great. We're going on Spotify. We're not having a political conversation about Spotify right now. We're gonna put our podcast on Spotify. Excellent. It's gonna be on Spotify. It'll be on, you know, wherever you get your podcast, check it out in the apple podcast store or wherever else you get your podcasts. It's brought to you by agency Mavericks. It is the agency hour. My name is Troy Dean. This is my friend, Pete crispy butter Perry. And we'll be back next week, uh, for another episode of the agency hour until then a cha of Vita Z. See later BBA later. Bye bye. Speaker 2 01:00:17 Thanks for listening to the agency hour podcast, subscribe at apple podcasts, Spotify pocket, audible, and wherever you like to listen, you can catch all of the agency hour episodes on our YouTube channel at youtube.com/agency Mavericks. Or you can get involved, check out our free digital Mavericks Facebook group, where we broadcast these episodes live for our community every week, along with a ton of free training. We'll see you there.

Other Episodes

Episode 73

March 23, 2023 00:38:00
Episode Cover

The Power of Community: How Connections Can Drive Success

This week, we have a very special guest joining us - none other than James Murgatroyd, the Community Manager and Chief Jester of the...

Listen

Episode 46

July 29, 2022 00:52:39
Episode Cover

How to source, vet and hire talent

If you're looking for a new tech team, Emily Hunkler from GoWP joins us LIVE on The Agency Hour to give you the lowdown...

Listen

Episode 24

February 28, 2022 00:52:51
Episode Cover

The Fastest Way Out

It's time you found your freedom! Join us for The Agency Hour, where Pete and Troy will reveal the fastest way to remove yourself...

Listen