50% Profit Margins Unlocked with Time-Tracking Data w/ @MarketingMax
He went from working 70-80 hour weeks to building a 7-figure agency with 50% profit margins while only working about 1 hour per week.
Today he’s the founder of GrowthDaily.com & AgencyReviews.io & he’s known by his 45,000 followers on X as @MarketingMax, but several years ago he was an agency co-owner struggling to make the sort of money he wanted to make (and enjoy the work in the process).
That’s when a timely LinkedIn post came across his feed & recommend a book that change the course of his agency–and his life–forever.
In today’s conversation with @MarketingMax, you’ll learn:
- The book that changed the game for his agency
- The 2 core principles that he learned (& how to implement them in your agency)
- How he used time-tracking and project profitability data to double his agency’s growth nearly over night
Resources Mentioned in Today’s Episode:
An Agency’s Guide to Measuring And Improving Billable Utilization (Ebook): https://bit.ly/3UWWNVc
Follow @MarketingMax on X: https://twitter.com/MarketingMax
Subscribe to the Growth Daily Newsletter: https://www.growthdaily.com/gd/
Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow: https://www.amazon.com/Built-Sell-Creating-Business-Without-ebook/dp/B004IYISQW
The Client (a film by Umault): https://youtu.be/qwpC2tGibqk
Hiring Secrets from an 8-Figure Agency CEO w/ Eric Siu: https://www.teamwork.com/agencylife/podcast/hiring-secrets-from-an-8-figure-agency-ceo/
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0:00 Introduction to Marketing Max's Journey
01:01 The Book That Changed Everything
03:30 Implementing the New Pricing Model
04:35 The Power of Time-Tracking
08:45 Focusing on Core Services
13:44 The Mad Men Inspired Email
19:12 Scaling with Data-Driven Decisions
28:24 The Discipline of Niching Down
30:38 Building a Sellable Business
44:54 The Importance of Case Studies
47:09 Final Thoughts