In this episode, Chip talks with David C. Baker, who has been dubbed “the expert’s expert.” He leads the advisory firm
Punctuation, and has worked with more than 1,000 agencies to help them get better positioned for success.
The discussion focuses on improving agency management and scalability by emphasizing the importance of understanding business fundamentals and integrating them alongside the creative and strategic solutions.
Key topics include the benefits of proper positioning, effective client communication, strategic pricing, and the importance of sharing expertise.
Key takeaways
* David C. Baker: “If there’s one thing I could change by waving a magic wand over the industry, it’s to run their businesses better. The basic nuts and bolts of understanding people and processes and structure and pricing and financial performance.”
* Chip Griffin: “Agencies in general need to listen more and talk less. Particularly when they’re with prospects.”
* David C. Baker: “We’re so driven by the interest in variety and because we’re so desperate for new work, we’re terrified that a positioning decision will close off some opportunity.”
* Chip Griffin: “My position is that sales is a dirty word for agencies and it’s not really sales anyway. You’re trying to find the best fit clients and you should be comfortable telling people that you’re not the right option and sending them along to someone else.”
About David C. Baker
David C. Baker is an author, speaker, and advisor to entrepreneurial creatives worldwide. He has written 6 books, advised 1,000+ firms, and keynoted conferences in 30+ countries. His work has been discussed in dozens of international publications. Recently, the NY Times referred to him as” the expert’s expert”. He co-hosts the most listened to podcast in the creative services field (2Bobs).
Resources
*
Punctuation
*
2Bobs podcast
* Get in touch with David by
email
* David’s books
Secret Tradecraft of Elite Advisors and
The Business of Expertise
View Transcript
The following is a computer-generated transcript. Please listen to the audio to confirm accuracy.
Chip Griffin: Hello and welcome to another episode of Chats with Chip. I’m your host, Chip Griffin, the founder of SAGA, the Small Agency Growth Alliance. And I am delighted to have with me David C. Baker of Punctuation. He is perhaps the longest serving agency advisor out there and a guy who’s got lots of great content that he puts out on a regular basis, newsletter, podcast.
He’s got books to his name. He is going to provide some great information and insight for you today. I know that for sure. Welcome to the show, David.
David C. Baker: Thank you. Longest serving. That’s like code for old.
Chip Griffin: Hey, you know, as I always tell people, you know, the reason why I can give advice now is because I’m bald, right?
David C. Baker: Yeah, right. Yeah,