According to LinkedIn, VaynerMedia staff has only grown 3% in the past 2 years.
Guess what? Agency growth in the early stages is one type of challenge (I did it and sold my agency to WPP at ~350 employees); but as you…
According to LinkedIn, VaynerMedia staff has only grown 3% in the past 2 years. In the agency world, where people billing hours is the product, you can probably assume that revenue is flat. Some success story…Flat = death for any company. (Also, why has VaynerMedia barely updated its LinkedIn account in the past 4 months? This is a social media agency, after all!)
Guess what? Agency growth in the early stages is one type of challenge (I did it and sold my agency to WPP at ~350 employees); but as you get bigger, it gets a lot harder to scale. There are lots of individual, charismatic agency founders who can impress CMOs and secure new business; but they frequently hit a wall when the story gets old and there’s not enough of that charisma to spread to every sales pitch, client meeting, and Cannes party. See declining employee counts at once hot shops such as Droga5, Laundry Service, and Crispin+Porter, for example. None of them has made it over the 1,000-employee hump as far as we can see.
Simply put, Gary is a showing himself to be a failure at scaling his agency to the next level, and I can’t understand why he’s doing keynote speeches and vlogs instead of figuring out what’s wrong in his own backyard…