7 figure agency or bust

Hey.

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In today’s newsletter we will go over the following:

• The importance of a project management system

• Why you’ll make more money using a project management system

• The frameworks around building an effective project management system

And a whole lot more

B2B Operational Idea of the Week

Take a few hourou s and look at your whole agency, find all the leaks in your systems, fix them within 24hrs, and do this every single day, come up with 7-14 different leaks in your systems

This will get you get 1% better day by day, and that compounds

Deep Dive

Most of you simply under utilize how good your project management system in your agency can be

I’ve seen this be the difference between a 6 figure and 7 figure agency

This is what seperates those who win and those who don’t

And I’ve worked with very successful agencies who just use Apple notes the whole time

And they get embarrassed when they say it but they know it’s a horrible way to go about tracking projects

Yeah, it might work for you alone, and I still use Apple notes for myself every now and then

But when you have a team of 8 or even 16 people you can’t rely on Apple notes to carry you the whole way there

You need to invest and build out a project management system

Otherwise you’ll end up going bust

Results of implementing this system?

Better client results

Projects move faster

Team is more effecient

Clients like you more and stay with you longer

You spend less time chasing down tasks from people

Clients refer you more customers due to a prestige service

In short, more money for you

And I’m not talking about a few thousand

I’m talking about hundreds of thousands and even millions more made

This can be the difference between running a profitable scaling 6 figure agency compared to one that isn’t profitable doing 5 figures

I categorize these systems into a few main neccessities:

1. Task manager

2. Team info

3. Client Info

4. SOPs

5. Other resources

And that is it, in that specific order

Why?

These serve EVERYTHING myself and my team will ever need when working on a task

Hiring for one of our clients and forgot the framework?

Can click on SOPs and find the SOP there

Forgot the client onboarding info?

Can click on client info and see the onboarding info

Even forgot when is your team members birthday?

Click on team info and find their birthday

Everything you’ll ever need will be in one of these 5 things

You can even break it down more and remove team and client info, and just merge them into one

And merge SOPs and other resources into one

Then you have 3-4 views and that’s it

Simplicity always wins in the long run

Hope this was helpful

Look at my Project Management System below for inspiration

Ciao,

Tyler

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