big wins and battle scars [inbound 2014]

Post on 13-Jun-2015

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Running an agency is hard work. Figuring out how to profitably run a fast growing agency is even harder. Element Three was Hubspot's Agency of the Year in their first year as a VAR and became a Platinum partner shortly after. In this session, Tiffany will share some of the big wins and battle scars from her journey of growing from 8 employees to nearly 40. P: We will talk about how to find the right talent, prioritize certain hires over others and build a team thats allows great work for clients. We will review some of the tools used for managing capacity and strategically staffing for growth. P: In addition we will outline processes for setting vision, maintaining alignment through the continual evolution that occurs with grown and communication throughout the organization. P: Most importantly, we will talk about the only thing that really matters - how to build culture and and a vision others can see and believe. P: Tiffany will be sure to leave plenty of time for Q&A so your most pressing questions can be asked - and hopefully answered - as you chart the course for your agency's growth.

TRANSCRIPT

BIG WINS AND BATTLE SCARS HOW TO PROFITABLY BUILD A FAST- GROWING AGENCY

Tiffany Sauder President, Element Three @TIFFANYSAUDER

2006 2007 2008 2009 2010 2011 2012 2013 2014 P

Element Three Revenue | October 2011 HubSpot VAR

THESE THINGS WORKED

ONLY SPEND TIME WITH

PEOPLE WHO CAN HELP OR

SPEND MONEY WITH

YOU.

BE VULNERAB

LE AND ASK

QUESTIONS.

LEARN HOW TO

SELL. THIS IS NOT

OPTIONAL.

GET EXTERNAL PERSPECT

IVE. BUT BE SMART ABOUT IT.

THESE THINGS DIDN’T WORK

BE INTENTIONAL ABOUT CULTURE.

DON’T LEAVE IT

TO CHANCE.

DON’T HANG ON

TOO LONG, NOT

EVERYONE WILL

FINISH WITH YOU

DON’T BE DRIVEN BY FEAR

DON’T TAKE YOUR

FAMILY FOR

GRANTED

PEOPLE (WHEN, WHO & HOW MUCH)

WHEN TO HIRE

WHO TO HIRE •  Hiring moto: NO SUPRPRISES •  80% of hires come from referrals •  Talk money early •  Interview for cultural fit •  Don’t ignore your gut •  The best people are already employed •  90 day review – fail fast •  LinkedIn

HOW MUCH TO PAY

# OF EMPLOYEES SALARY RANGE 12 $30,000-$50,000

20 $50,000-$99,000

8 >$100,000

Company pays 50% of the employee’s health, vision and dental insurance, match up to 3% 401K and have an all company bonus pool where they can earn up to 6% of their salary. Cell phone reimbursement. Generous PTO policy.

HOW MUCH EXPERIENCE

# OF EMPLOYEES EXPERIENCE IN YRS 15 1-4 years

13 5-10 years

12 > 10 years

STRENGTH’S FINDER 2.0

TOOLS WE USE TO RUN THE BUSINESS

(NONE OF THESE ARE ORIGINAL)

COMMUNICATION CADENCE A.  DAILY STAND-UPS

B.  WEEKLY DEPARTMENT MEETINGS & LEADERSHIP

C. MONTHLY BUSINESS REVIEW MEETINGS

D. QUARTERLY OFF-SITE

A: Awesome Comes Standard B: Business First E: Emotional Intelligence S: Stay Curious T: Transparent C: Creative Swagger O: Own Selflessly

LIVE THE VALUES

QUESTIONS?

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