Disclosure certainty 4/5 debate potential 1/5

Agency Sparks Charges Upfront Vetting, Monthly Retainers, and Deal Percentages

Joe Kaufman · 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency · May 20, 2017 · at 4:13

Joe Kaufman, founder of Agency Sparks, breaks down the revenue and fee model for his brand-agency matchmaking business.

0:00 / 0:11exact quote · 11.0s
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“We traditionally were paid by the agency to put them through a very thorough upfront vetting process, and then we were paid a monthly retainer as well as a percentage of the deal.”

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Disclosure
Kaufman: Agency Sparks charges a $5,000 monthly retainer to marketing agencies
“5000 dollars a month per agency.”
Joe Kaufman May 20, 2017 ▶ 4:34 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Kaufman turned down a $400k salary and $1.5M earnout to start Agency Sparks
“400 K plus an earn out of 1.5 million because they were in the middle of an acquisition situation.”
Joe Kaufman May 20, 2017 ▶ 6:22 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
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