Episode #1488
Is it a Good Idea to Start a Digital Agency in 2020?

August 29, 2020

In episode #1488, we discuss whether starting a digital agency in 2020 is a good idea. Since the pandemic, e-commerce has shot through the roof and companies need people to help them migrate their businesses online. Tune in to hear about Eric’s training program that will teach you everything you need to know about running a digital agency! 

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s topic: Is It A Good Idea to Start A Digital Agency in 2020? 
  • [00:39] Many people are starting up an agency amid the worldwide economic uncertainty. 
  • [00:54] People are doing surprisingly well with digital agencies – they are still growing! 
  • [01:21] It depends on what industry you are in – hospitality and events are doing poorly. 
  • [01:37] Hear the reason why digital agencies are doing so well in the COVID world.
  • [02:05] Check out Eric’s training program at singlegrain.com/agency-accellerator
  • [02:21] The rapid increase in e-commerce and how it is reflected in the markets. 
  • [02:41] Why digital agencies are unlikely to ever go away. 
  • [03:09] Ensure that you don’t have all your eggs in one basket (or niche). 
  • [04:03] That’s it for today!
  • [04:06] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785!

 

Links Mentioned in Today’s Episode:

 

Shopify 

Microsoft

Apple 

 

Leave Some Feedback:

 

  • What should we talk about next? Please let us know in the comments below
  • Did you enjoy this episode? If so, please leave a short review.

 

Connect with Us: 

 

Discover Latest Episodes

Episode
The unusual way we give feedback at our companies
February 07, 2025

In episode #2913, Eric Siu and Neil Patel discuss the evolution of feedback styles in both personal and professional contexts. They explore the importance of authenticity in leadership, the balance be...

Episode
How Neil and Eric Would Go About Building Their Personal Brand in Today’s World
February 06, 2025

In episode #2912, Eric Siu and Neil Patel discuss personal branding, strategies for leveraging platforms like LinkedIn for growth, and the balance between agency work and product development. ...

Episode
The First 1-Person $1 Billion Company
February 05, 2025

In episode #2911, Eric Siu and Neil Patel discuss the concept of one-person billion-dollar companies, the importance of understanding business systems and cash flow, the impact of AI on the future of ...