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The 5 Steps to Starting an Agency That Can Earn $10k/month
I’ve owned 2 marketing agencies in the past 20 years and I can tell you, this is the fastest way to start generating income from your skills.
Delivering marketing services is and has been one of the best internet businesses you can build.
It’s not easy but it is worth it. Even if you fail, you will learn so much about yourself, about business, management and so much more.
If you’re looking to start an agency and earn 10k/month, you've come to the right place.Here are 5 steps that you can follow to start your own agency.
Step 1: Research Your NicheI have seen so many agencies try to be everything to everyone. When you do this, you end up competing on price and you discount your way to unprofitability.
The better way is to find your niche in a specific segment for your core market.
Before you start your agency, you need to spend some time researching your niche and figuring out who you want as your dream customers.You should have a clear understanding of what you want to offer and who your target audience is.If you're a productivity nerd and can write about every productivity hack out there, you can focus on productivity services.Once you have identified your niche, you need to research companies that have written on the topic.On each page, you'll find 20 companies you could be providing services for.Find 100 such prospects using this method, and use hunter.io to find email addresses of the content head of each company.
Make a list of prospects and emails.
Step 2: Craft an Irresistible OfferTo turn prospects into customers, you have to pitch your service to them.You need to give them an irresistible offer for them to hire you.A bad offer sounds like: "Hey, I'm Jordan and I can write great blogs for your company. Are you looking for someone to write blogs?"A great offer looks like this: "We have helped 5 fitness coaches get more customers with highly targeted content marketing campaigns.”1. Initiative2. Social Proof3. Work for Free Offer4. Yes/No CTAFollow this format to craft an irresistible offer that will attract customers to your agency. If what you offer is 2000/month, your prospect needs to feel they are getting $20,000 in value back so make sure your services over deliver for your clients.
Go deeper on How to create Irresistible Offers
Step 3: Email and Follow UpNow that you have a list of prospects and an excellent offer, it's time to email and follow up.Email all 100 prospects and install Snov.io to your Gmail to see who opened your emails.Politely follow up 4 times with each person over the next 10 days.
The goal here is to get on a discovery call to qualify the prospect and present your offer.
Step 4: Close the DealAfter following up and having discovery calls, it's time to close the deal by sending a proposal and discussing the details of your services with them.
Answer any questions to clarify the agreement.
Step 5: Repeat the Process
If contact at least 100 people you will have at least 5 people wanting to hire you at ~2,000/month.And just like that you've successfully started an agency that can earn $10k/month.In another 10 days, you can repeat the process to find more clients and expand your agency.1. Find 100 prospects2. Email with a good offer3. Follow up 4 times4. Close the deal5. Repeat the process once every 10 days for 30 daysBy following these simple steps, you're sure to have a thriving agency in no time!
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