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Why Hiring a President Might Be Just What Your Agency Needs to Grow Faster

Why Hiring a President Might Be Just What Your Agency Needs to Grow Faster

FromSmart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies


Why Hiring a President Might Be Just What Your Agency Needs to Grow Faster

FromSmart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

ratings:
Length:
17 minutes
Released:
Sep 4, 2022
Format:
Podcast episode

Description

Is it time to replace yourself within your agency? Could you grow faster with by bringing on someone in a president role? What do you expect from someone in this seat? Today’s guest was brought into a digital agency to help run the business as the owner stepped back. He now recalls his journey adjusting to the role of president and gives tips on what you should expect when you start looking for someone to replace you. Chintan Shah is the President of KNB Communications, a full-service marketing and PR firm dedicated to healthcare, especially in the area of health technology. He started his career in marketing, product development, and product management, and eventually found himself leading a sales and marketing division for a medical device company. After overseeing an agency’s integration into this company, the agency owner actually reached out to him to let him know she was looking to step back from daily operations. She needed someone to help her run the agency. Fortunately, Chintah was looking for a new adventure in his career, so it was perfect timing on both sides. He has now been leading the agency for six years. In this episode, we’ll discuss: Where to start the search for new agency leadership. Leveraging experience in sales as the president of an agency. 4 KPI's that define and measure the success of new agency leadership. Sponsors and Resources Wix: Today’s episode is sponsored by the Wix Partner Program. Being a Wix Partner is ideal for freelancers and digital agencies that design and develop websites for their clients. Check out Wix.com/Partners to learn more and become a member of the community for free. Related article:  https://jasonswenk.com/digital-agency-ceo/ Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Filling a Key Agency Role Starts With Your Personal Network The way this agency owner reached out to Chintah is a perfect example of how you should start with your personal network. They had worked together for three years previously, so it was natural to share the need to hire and ask for candidate referrals. When you’re looking for someone to replace you, you may not want to start by openly broadcasting your intentions. For instance, you can start by reaching out to former clients and contacts within your network to let them know that you’re looking for someone. It's important to understand the criteria of what you’re looking for. What do you want that person to do? Make a list to identify some of the top criteria, which will depend on your priorities. You may be looking for experience or someone who brings something new to take your agency to the next level. Do More Sales Equal Faster Agency Growth? Chintan believes there are a lot of similarities between the sales side and the marketing side of a business. Sales is part of the few key components that will help grow your agency. Do more sales fix a growth problem? As a former salesperson, Chintan believes this is not the case at all. Of course, it is part of overall agency success, but you have to have scalable processes and tools, and technology to help you grow. As he started this new phase of his career, he leveraged his experience as he learned other parts of the business. Learning about the agency’s growth. Bringing in new business. Defining core capabilities. Looking for new growth areas. He also immersed himself in the PR aspect of the agency, an area where he really leaned on his team’s expertise and willingness to teach him. At one point, he thought he needed to have a key role in all aspects of the business. However, he learned that having confidence combined with the right processes is the key to letting go and trusting the team. Hiring an Outsider to Run Your Digital Agency Chintah’s advantage when it came to fitting in with his team was that many of them already knew him. Furthermore, at the time he joined the agency, the team had shifted after a few key players left. The timing was ideal for an outsider to come in and
Released:
Sep 4, 2022
Format:
Podcast episode

Titles in the series (100)

Growing an agency is very difficult, and you might feel unclear what to do next in order to grow and scale your agency. The Smart Agency Masterclass is a weekly podcast for agencies that are wanting to grow faster. We interview amazing guests from all over the world that have the experience of running successful businesses, and will provide you the insights you need. Our podcast is just over 3 years old, and have reached more than a half million listeners in 42 countries.