Heyo! Welcome to the $100 MBA Show, business troops delivered on a silver platter with our practical business

lessons.

I'm your host, your coach, your teacher Omar is at home, and in today's lesson you will learn

why people hate running agency businesses and how you can

avoid the headaches.

Agency businesses are simply service-based businesses.

Some examples are like a video production company providing

video services or a marketing agency providing advertising services. They change

expertise or even labor in exchange for money. Pretty simple, right? So what's the problem?

Well, I spoke to many agency business owners to find out why they hate running their business

I hear all the time. But also also I'm going to show you how to

solve for all those problems. If you want to run an agency business, it's not all bad. It's actually

pretty good and I'll show you why. But if you don't build it the right way, you can end up with a lot of heartache. Let's get into it. Let's get down to business.

Agency businesses are fantastic because they're fairly easy to start with very little capital.

So why do so many agency owners hate their business?

And more importantly, how can they change those things so they can avoid all those migraine-inducing problems that go with an agency business.

Back in 2012, I started an agency business and I can tell you firsthand those are right way to do it and a wrong way.

And when you do it wrong, you're asking for trouble.

More about that in a second, but I want to quickly share some of the huge positives

of running an agency business.

Here are a few of them in rapid fire.

Again, agency businesses take very little to start.

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