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: 
 
Neilpatel.com

Quick Sprout 
Growth Everywhere
Single Grain

Twitter @neilpatel 
Twitter @ericosiu

Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover Latest Episodes

Episode
Staying involved, Avoiding debt traps, and Maintaining accountability as an agency owner
September 07, 2024

In this bonus episode, we give you a sneak peek into what our Agency Owners Association (AOA) hangouts look like. Join their discussion about book recommendations, the importance of staying involved i...

Episode
Is YouTube the best for the next decade? The insufferableness of LinkedIn, Is Reddit the next big opportunity for paid media? If your marketing is a perfect 10, you did something wrong, and Perplexity plans to start running ads in Q4 at a $50 CPM
September 06, 2024

In episode #2815, Eric Siu and Neil Patel discuss the popularity of YouTube among celebrities, compare YouTube to Instagram in terms of ad revenue and reach, how insufferable the nature of LinkedIn po...

Episode
Marketing spend will go up; the market is estimating 4 rate cuts this year, His CEO slept with his wife; here’s what he learned about B2B SaaS, and There’s a Boatload of money in political marketing… even outside of presidential election years
September 05, 2024

In episode #2814, Eric Siu and Neil Patel discuss the Federal Reserve's rate cuts, the possibility of a recession, the benefits of SBA loans for acquisitions, the importance of hiring in business, the...