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EP.31 - John Doherty’s Journey to Sustainable Agency Growth
Manage episode 485208250 series 3611271
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In this episode of Retained Trust, host Karl Hughes speaks with John Doherty, founder of EditorNinja. John recounts the winding path from running a marketplace agency to building a thriving productized editing service. The two dig into the challenges of scaling, lessons from running managed marketplaces, and the operational trade-offs of productization. John shares what makes EditorNinja’s model sustainable, why flexible staffing is crucial, and how personal contentment plays a role in entrepreneurial growth. Whether you're scaling an agency or considering productized services, this episode is packed with grounded wisdom.
Key Points From This Episode:
[00:00:00] John Doherty explains why he sold a marketplace business to focus on EditorNinja.
[00:01:48] The early days and first revenue from Credo’s lead generation model.
[00:04:57] Why marketplaces are hard to scale and how the pandemic disrupted a promising trajectory.
[00:07:12] Quality control and margin challenges in marketplace models.
[00:09:27] Building a managed service first as a strategic choice for long-term marketplace potential.
[00:11:25] The power of unfair advantages when launching a new business.
[00:13:02] How EditorNinja built an early talent pool of professional editors.
[00:15:27] The real value agencies add for both clients and freelancers.
[00:18:45] Why productization improves delivery and simplifies operations.
[00:21:38] Flexibility within a productized service—balancing standard offerings with custom needs.
[00:25:20] How productization makes sales more straightforward and scalable.
[00:29:06] Hiring and capacity planning when working with flexible, fractional talent.
[00:31:29] Incentivizing availability with minimum guaranteed payments.
[00:33:08] Why early-stage agencies shouldn’t start fully productized.
[00:36:34] Scaling requires expanding either services or target markets.
[00:38:08] Aligning opportunity vehicles with your skills and ambitions.
[00:41:32] Decoupling personal happiness from business outcomes.
[00:45:30] Reframing interruptions as privileges of entrepreneurship.
[00:47:05] Building an internal and external support network as a founder.
[00:48:59] John’s go-to book: The 4-Hour Workweek by Tim Ferriss.
Links:
- John Doherty on LinkedIn: https://www.linkedin.com/in/johnfdoherty/
- EditorNinja: https://editorninja.com/
- Karl Hughes on LinkedIn: https://www.linkedin.com/in/karllhughes
- Production and editing by The Podcast Consultant: https://thepodcastconsultant.com
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