Plotting Your Agency's Journey - Rob Da Costa
Why is Having a Vision Crucial to Your Agency's Long-Term Success?
Creating your vision and planning the journey are essential for long-term success as an agency leader. A clear strategy must be in place to ensure that you are moving in the right direction towards your desired goals and objectives.
A comprehensive growth plan should include setting out short, medium and long-term visions. You should be able to identify the steps necessary to reach each stage and put measures in place to assess your progress.
To ensure the success and growth of your agency, it is essential to have a well-thought-out plan and strategy. This should include a longer-term plan for the next 2-5 years; this time, you can capture critical milestones and financial information. You can also create a 12-month program with seven goals and monthly plans to help you reach those goals. This structure will make it easier to track progress and make necessary adjustments as needed.
Listen to Rob Da Costa to learn more about creating a plan and strategy for your agency. Here is an introduction from his article in the Agency Growth Book:
"There are so many reasons you need to have a clear vision, strategy and plan for your agency. But the process can get overly complex, end up not being helpful and can feel like a 'tick box' exercise.
Yet hands down, the biggest thing that held me back from growing my agency as fast as I wanted whilst feeling in control, was not being clear enough on where the business was going.
It wasn't that I had no idea what I wanted – it's just that no one ever told me how crucial it was to have an exact destination in mind when you're setting out to grow your agency.
And without that vision, it can be easy to feel lost, directionless and demotivated.
When you first start out, you'll take clients wherever you can get them. You take on new business left and right without taking the time to consider whether they're a good fit for your agency. And this strategy is fine until one day, you wake up and realise that you've got 5, 10, 20 or 30 demanding voices to answer to, with no clear escape route in sight and further still from building the agency you dreamt of than ever!
If you've been here, you know how this feels. You started your agency with the best of intentions, hoping to build a business that worked for you (and not the other way around). But before you knew it, you were working just as hard as you ever did – it's like having a job all over again, but with more stress, worry and risk than it's worth and a much more demanding boss!"
So how can you get out of this cycle? The answer lies in having a strong vision and strategy. When you have a clear idea of where your agency is headed, it's easier to make tough decisions that align with your objectives. You know what types of clients will help you reach your goals, and which ones won'