The Power of Now - How Today's Actions Impact Your Agency's Future
22 Feb 2024 · 15 min
Podcast episode (recorded Feb 22, 2024) in which Rob Da Costa urges agency owners to avoid "future blindness" — short-term, reactive work that undermines long-term growth. He shares a personal story, cites that ~60% of agencies are reactionary, outlines consequences (stalled innovation, poor team development, client churn, lack of systems) and gives four practical priorities: regular strategic thinking time, documented operations/SOPs, prioritised employee development, and scheduled marketing/business development time, plus calendar and hiring recommendations. The episode closes with a one-step action prompt and links to free bi-monthly workshops.
Chapters
Hey everyone. Welcome to this week's Agency Accelerator Podcast. Now, if I sound a little different, it's because I am recording from sunny Cape Town and I don't have a normal mic with me. But anyway, let's jump into today's topic now. Running an agency is a constant hustle, isn't it? So much to do serving clients in the here and now. But in today's episode, I challenge you to rise above the day to day and make choices with your future self in mind. I'm always asking myself, does the task I'm doing right now help my future self? And you should be too. I'm going to share some examples of how I personally fell into the short term thinking traps early on in agency life and nearly missed out on bigger plans that I had for my agency as well as data on how over 60% of agencies get stuck in reactionary mode versus intentional growth and impact. The cost of this future blindness is real stuck on the client service hamster wheel of doom, declining Team Mor service stagnation and letting the world happen to you rather than you being in control. Well, if that sounds familiar, I don't want that for you in your agency. So tune in today to hear four keys to ensure that your present focus aligns with your future vision. From planning rhythms to systemizing operations and more. Most importantly, we'll end with one clear next step that you can take this week based on what resonated with you most in today's episode. Whether that be finalizing new service plans or a renewed focus on business development or scheduling team development time, let's build momentum towards the agency of your dreams today and help your future self. So let's get started. I'm Rob Da Costa and this is the Agency Accelerator Podcast. As someone who has stood in your shoes, having started, grown and sold my own agency, I know just how it feels in the ups and downs of agency life. So this podcast aims to ease your journey just a little and by sharing mine and my guests experiences and advice as you navigate your way to growing a profitable, sustainable and enjoyable business. Welcome to the Agency Accelerator Podcast. I'm your host Rob DaCosta. Today we are tackling an important topic. How your present actions can support your future agency owner self. That's right, we're going to talk about avoiding short term thinking traps and making choices that enable long term success and that your future self will thank you for now. I'm willing to bet that many of you listening now often feel overwhelmed handling day to day client demands while trying.
To steer your agency ahead.
It can be so easy to get lost in the immediate issues without coming up for air and asking am I setting myself up for the future that I want? Are the choices I'm making today supporting my bigger vision for my agency and for my life? Well, that's what we're here to unpack. By the end of this episode, you'll walk away with clarity around common future blindness pitfalls fall 4 keys to rise above them, and most importantly, real action steps so that your future agency owner self thanks the you of today. I'm also going to share with you.
A personal story of how I almost fell victim to this early on.
When I launched the agency back in the 90s, initially I was so hands.
On delivering client work that I completely lost sight of the bigger picture and.
Was just working from day to day in reactionary mode. It almost derailed everything that we had built. So stick around to hear what I learned and okay, before we jump into.
The solutions, let's shine a light on.
Why this trap is so easy to.
Fall into when running an agency.
Now, the statistics paint a pretty clear picture.
Recent surveys of agency owners showed that 60% spend more than half of their time on client project delivery versus high.
Level planning, and 70% report working reactively.
Day to day instead of ever focusing on growth initiatives.
They're the people that typically, when I.
Speak to a prospect, say they've always relied on word of mouth and referrals to get their business, but we all know that that isn't really a solid strategy. And so in the end they're going to head from feast to famine. And so it's no wonder that so many agencies hit plateaus or even crisis points that threaten their future viability. I saw the writing on the wall myself early on in my agency life, the danger of what I now call future blindness. You know, getting so caught up in immediate issues that you lose sight of where you want to go, you're pulled in 20 directions and you let external factors dictate your sense of travel.
I remember one month we were amazingly.
Fortunate to take on three new clients at once.
Of course it was great news, more.
Revenue coming in the door. But suddenly my days were flooded with phones ringing, client requests piling up, team members looking to me to answer questions and fires that need to be put out across all of those accounts.
Now when I came up for air two months later, I felt exhausted trying to deliver. The day to day hit me more.
Was this sense of that I had lost a grip of my vision and I was just reacting to daily demands.
And the agency direction felt more reactive than proactive.
And I hadn't checked in with my.
Vision or my staff or worked on.
Any kind of future development and it.
Was a bit of a wake up.
Call for me to get back on.
Track or risk declining morale, losing clients because of service delivery and and ultimately our future growth growth potential. I had definitely fallen victim to future blindness.
Now I'm sure you can relate to that.
So what about you?
Do any of these reactive tendencies resonate with you? Do you feel swept up just delivering client work? Maybe you're delaying key hires needed now.
That will pay dividends later on because.
You don't have a plan so you're.
Not confident about making those decisions.
Or maybe you been putting off some marketing or revamping your website that would.
Better convey your services and give you a more consistent flow of new business leads.
Now, wherever the paralysis is, let's get real about the consequences before moving on to the solutions.
If you constantly silo your time into.
Immediate client requests and team requests versus long term priorities, what does that cost.
Your agency in the future?
And what will your future self be.
Advising you right now?
Here are some of the realities.
First, innovation and growth stall. If your full focus stays on today's.
Services, how can you possibly be developing.
New offerings that will drive revenue in the future? And of course that also means you're going to be losing out on future technologies such as AI. Another consequence of working in the here and now is you're not looking internally. So you've got no time to develop your team members to encourage them to step into leadership roles or go about recruiting that candidate that you need to hire now to handle next year's growth.
Also, look at marketing.
If you only promote yourself reactively when new business calls or you rely on word of mouth and referrals, then you're missing chances to consistently build awareness with your ideal target audience and build yours and your agency's authority. Now, speaking of new business, existing client relationships will suffer without care and without attention. The odd email or the check in call is not enough. You need a strategy for managing, retaining and growing clients. And if you don't have one, then of course you're going to get client churn. And of course that impacts your future viability. And don't forget your own leadership skills. Reactive agencies often lack standardized processes to help projects run smoothly. When you start to scale and without scalable systems, we all know what happens. Your building will fall down and your future flexibility suffers. Now, by now I hope you see what happens when we ignore our future agency owner sales? Things chug along fine for a while, but you end up missing out on so much potential. Now let me just put a pause on here and jump in quickly to introduce you to our free bi monthly 45 minute agency workshops. These sessions are packed with value, focusing on the critical challenges you as an agency owner might face. From defining a clear niche to setting the right pricing, from preventing feast or famine to to team building. We've got you covered. Each workshop includes an in depth exploration of the week's topic along with a Q and a session to address your pressing concerns. And remember, these are providing you value with no sales pitches. So head over to dacostacoaching.co.uk agency-accelerator live events. That's agencyaccelerator live events. And save your seat. Okay, back to today's topic.
Now that we've identified the pitfalls, let's shift gears. I want you to imagine yourself five years from now. Your agency has grown impressively thanks to having created and delivered a plan. Your diverse client roster provides security, you've built a rockstar team to rely on and maybe you've even opened a new office. Financial freedom gives you the flexibility with your schedule and you're genuinely well on your way to building a self running agency. This successful future version of yourself is possible, but it only happens by making certain choices today. So what does the future agency owner you need from the current you? Where should we focus our time when our heads are down? Handling today's workload?
So to answer this question, I've boiled.
It down to four areas. So number one is that you need to carve out regular strategic thinking time away from client service. So you need to put the pause button on, step off the client service hamster wheel of doom and have time for strategic thinking. This is how you're going to nurture innovation for tomorrow. How you're going to create your vision and your plans and deliver them, and how you're going to align your team efforts. Step number two is that you need to standardize and document operational procedures so everything is less dependent on just you. This way scaling feels far less risky and you can be sure that that your clients will have a consistent experience and your employees will have a consistent experience.
Step number three is to make employee.
Check ins and their development a priority. Not when I've got a moment kind of task. Investing in team capabilities and hiring the right people makes your future way smoother. And the fourth key is to schedule blocks of time for marketing and business development.
This will build your authority and your.
Pipeline to new levels to to support your growing business and will ensure that you never lurch from feast to famine. Now let's get specific on what this.
Actually looks like today.
It starts with taking control of your calendar to regularly block off time for weekly and quarterly strategy and planning sessions. And I recommend that you have at.
Least half a day a week to.
Work in this strategy space and a full day once a quarter to focus on the future in these windows of time. Review your overall direction and look at your plan to make sure you've delivered what you said you were going to do. And also set set out next month's plan based on the quarter's plan. Look at metrics too. Is client churn creeping up indicating areas that need some tlc? How can you raise your profitability to hit your target so that you can reinvest in the agency and hit your.
Growth targets for the business?
What marketing campaigns really worked and what.
Should you double down on and what.
Should you stop doing? Then prioritize key hires. Look ahead to make sure that you're not hitting a pinch point where everyone's.
So stressed because you lack resources.
So you want to make sure that you are both filling gaps that you've got now plus anticipating future needs. These strategy sessions are your chance to also design the systems and processes to support scaling so you want to be documenting your SOPs for efficiency. Outline training programs that you can use to elevate your team skills. Build templates for centralizing best practice for client delivery and employee engagement, and clarify roles and responsibilities across the agency to avoid confusion as you grow. And of course you also want to be considering what investments you need to make in for example digital tools to provide structure. Remember, we start with our processes and we document them and then we look at the IT systems that we can use to actually support the delivery those process so that covers the regular planning window in your daily schedule. Also plug in blocks of time for marketing and team development.
Now I know this sounds like a.
Lot of stuff, especially when you may well be stuck on the client service hamster wheel of doom. But unless you protect time to both focus on the future and also develop your team if you've got one, then nothing will change for your team. Don't just wait for annual reviews, have monthly check ins monthly one on ones to discuss current projects to build their skills to focus on their objectives and their career aspirations. These touch points pay dividends in spades because you know that your team is going to deliver what you need and what you expect and you won't have to lurch in to rescue a situation. And of course it will also aid your staff retention. The time investment on these foundations always pays off. And recognize that it actually might even mean saying no to some new client projects today to work on the business so that it can thrive later. But remember, your future self will thank your present self. I saw this firsthand when we really jumped ahead of our competition by investing in our design studio so that we could bring all kinds of production in house and we anticipated this before the demand rose.
So we created the capacity and and.
Then filled that capacity with new work and it definitely paved the way for our successful growth. Now to shift from concept to action, what's one step you can take away.
From this week's podcast to support your.
Future agency leader self?
Maybe it's finally plotting out that new service line to meet rising customer demands. Or maybe you would need to block off Friday afternoon for employee training that you've been putting off. Or will you say, start scheduling regular monthly and quarterly planning sessions? Or maybe you need to focus on systems and processes and finally invest in that CRM system to stay close to all your prospects and clients. Consider what crystallized most for you today.
To carry that forward.
Then choose just one goal to drive momentum. After all, you've got to start somewhere. Now I'll wrap this up with this parting thought. The future version of you as a thriving agency leader will thank the choices.
That you make today.
Stay heads up envisioning the possibilities while handling today's realities. Operating in this kind of creative tension is how you build the agency of your dreams. Now if this topic resonates with you, do drop me an email. I'm happy to offer more tactical support on avoiding future blindness traps, so hit me up@robertacostacoaching.co.uk and of course, all of these areas are areas that we dig into a ton more detail in my group coaching program, the Self Running Agency. So that's a wrap for this episode.
Of the Agency Accelerator.
Thanks so much for tuning in. Until next time, friends. Keep your eyes on the horizon and the road ahead. You've got this. And remember, your future self will thank your present self.
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