#38 - Truth about ad agencies with Brendan Gahan + Brainstorming with Daniel Gross
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
And I'll tell you why I want to join. So with uh this podcast, we talk about a lot of people starting cool stuff and there's like Three things or four things. That like every person who graduates college, what they're gonna start, and it's like a roommate matching app, which I did. It's like a way to like buy and sell stuff from college kids. And then it's like an agency. And interestingly, I've actually noticed that a lot of my friends who started companies and sold them, they're starting an agency because agencies are interesting ways to make money while learning.
Um And so what I wanted to know I just wanted to ask you questions about the agency business. And I think Yeah, and we had sort of uh We had a debate a couple of podcasts ago where we were talking about Vayner Media and it's like sort of is this a good business or bad business? And and so one thing is like obviously it's not a shit business, um in the sense that like it you know, they have happy customers, they've got people they employ a bunch of people, they make a lot of revenue. Uh but We you know, we're sort of talking out our ass in terms of agency
Like is you know, what does an agency business model look like, right? I know what a software company looks like, I know what a restaurant looks like'cause I started one of those. I don't know what an ad agency business looks like. So Um I don't know. Talk us through like very simple. You start an agency Um You know, e even before even maybe the one you sold before the one you're currently at. What is that what is like the first level of success look like? Yeah, yeah. Um yeah, all I've been kind of like the typical agency model, um but um I I think that's a good place to start for sure. So w when I started an agency, I I I actually didn't mean to set out and start a
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