Everything Joel Graber said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Graber: Full-Service Agencies Offer Mediocre Work Without Specialization
“Not to knock some great agencies, obviously, but many of them kind of do them mediocrely. If you don't specialize in one thing, it's like really hard to be good at like 10 things.”
Graber: Buyers create more value acquiring within their domain expertise
“I think there's more value in like staying in your lane. If you have an expertise, it's much easier to grow from there.”
Graber: Hiring Attorneys for Small Acquisitions Often Makes No Sense
“I think if you're doing a deal under a certain size, it doesn't always make sense to bring in an attorney for something like that. It ended up being a very costly venture to do that.”
Graber: Buyers should build an agency zero-to-one before acquiring one
“If you want to buy a marketing agency, and that's what we're talking about right now, I think you should know what it is to build one zero to one, even on a certain scale. Like, I don't think it's a great idea to go buy a highly volatile asset, which I think m…”
Graber: AI Disruption Makes Design and Branding More Critical Over Next Decade
“But I think going into 20, 26, just the next five, 10 years with AI, which we could discuss and how that's how that's causing chaos in the agency world, like brand branding, thought leadership, showing up to your audience with something that's like clear and c…”
Graber: M&A unlocks geometric growth compared to linear organic expansion
“Organic growth is linear. You know, you're pitching one client at a time, which, Is what I've always done and will continue doing for love of the game, I suppose, but you can actually have the geometric growth that you want where you adopt systems, clients, st…”
Graber: Branding services create downstream demand for go-to-market offerings
“I think if you get a company at the level of branding it cascades down to services that we offer. On the go to market side.”
Joel Graber: M&A is essential for building a multi-service business at scale
“And if it's the ladder where you really want to build something that has real scale, that services lots of clients across lots of service lines, then M&A is just a muscle that you've got to work out and exercise.”
Graber Plans to Build an Agency Portfolio via Strategic Acquisitions
“So my vision is to continue running Modern Outbound as like a specialist agency and continue to acquire specialist agencies like GTM Design.”
Graber details acquisition buy box: specialized agency, recurring revenue, $300k+ EBITDA
“I knew I wanted it to be a marketing agency that specialized in something That had some form of a subscription recurring base of clients that's been around for at least a couple of years that has a really talented team, good processes. I didn't need it to be t…”
Graber: Modern Outbound plans another agency acquisition within four months
“In the next two, three, four months, I'll be looking to bolt on potentially another subscription design agency, maybe, or branding agency.”