Before I take you down that path, let's talk about where it all started.
This should only take about 7 mins to read.
Before I take you down that path, let's talk about where it all started.
The day after I started my business in January 2018, I landed a $30k project. From that point forward, it didn't stop. It felt like every week; there was a new project, a new deadline. I couldn't take my foot off the gas. In 2019, I tried to take a vacation. That was short-lived. The minute that I landed in Denmark, I got slammed with work. A new wave of clients came rolling in, almost as if they knew I was on vacation. From that point forward, I felt like I couldn't slow down; it was just one after another.
I was trying to hire people, delegate work, and grow my company all at once. It was the start of a vicious cycle.
My company grew from $600k in revenue to $1.4 million. Covid was fuel to the fire. It was all happening so quickly; I was trying to ride the crazy rollercoaster. My team grew to 22 people, I couldn't believe it.
Toward the end of the year, I started to feel drained. I felt hollow and didn't have any creative juices left. I flatlined (creatively). I needed to disconnect for a while. My brain was overworked and congested, like a clogged pipe.
Like most people that start a business, you begin to feel like you have to be at the helm of everything that's going on. I had control issues early on (2018-2019).
I was doing everything because I thought that I had to. Delegating was hard for me for the first 3 years of my business; I had difficulty trusting people because my name was attached to my agency. I always felt like I needed more time to properly organize everything for each client and get the entire team on the same page. I was stuck in a vicious cycle with clients, contractors, and everyone around me. Everything was moving so fast; business was booming. I was running before I could walk.
It was time to make a decision. When I burned out, I gave myself two choices:
I didn't want anything to do with it; it left a poor taste in my mouth. I wanted to disconnect and run away. It was a sad moment because it is MY business, but it started to become a 9-5 job. I was always on the client's time and not my own time. There was always a deadline we had to hit. I was miserable.
I wasn't able to disconnect overnight; it was a process to give someone on my team the tools to run the business. I had to make some drastic changes to my entire process.
Few things I had to fix:
Sales calls and client calls:
Before: clients can book a call any day of the week.
After: Calls only on Tuesdays and Thursdays.
Project management:
Before: I managed 90% of every project.
After: I did 10% of project management.
Workdays:
Before: Monday-Sunday
After: Monday - Friday with a hard cut-off at 5 pm.
Here are a few tips if you're planning on starting an agency, do the following:
Tweet 1: Writing has become so important for me to decongest my ideas.
Tweet 2: There is no master plan.
This week, I’m back with a new episode of my podcast. I had the opportunity to talk with Clifford Myers, a comedian and founder of The Other Comedy Company.
There was much more that we discussed during the episode such as the importance of authenticity and the cycle of taking risks, failing, learning, rinse, repeat. I’d recommend checking out the whole conversation.
That's a wrap for issue #27
Email me at z@zlatkobijelic.com if you are building something. I'd love to know what you're working on and if there is anything I can do to help you.
Random question:
What's your favorite non-work activity? (A hobby maybe).
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