Social Media Marketing Agency

5 Tips For Starting A Successful Social Media Marketing Agency (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own social media marketing agency? Here are some tips you should know:

Learn more about starting a social media marketing agency:

Where to start?

-> Social media marketing agency plan
-> How to finance a social media marketing agency?
-> How much does it cost to start a social media marketing agency?
-> Pros and cons of a social media marketing agency

Need inspiration?

-> Other social media marketing agency success stories
-> Marketing ideas for a social media marketing agency

Other resources

-> Profitability of a social media marketing agency

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a social media marketing agency:

#1: Vikas Chawla, founder of Social Beat:

We chatted with with Vikas, founder of Social Beat ($350K/month). In our interview, Vikas says:

Gain some experience before starting up, as it gives you an understanding of how to build a team, how to build and scale culture, how to achieve product-market fit etc

Additionally:

Ensure you manage cashflows well - very often we see many entrepreneurs not focussing on finance and regulatory compliance - leading to challenges across the board.

Read the full interview ➜

#2: Jim Tobin, founder of Ignite Social Media:

We chatted with with Jim, founder of Ignite Social Media ($500K/month). In our interview, Jim says:

I think one of the great lies of entrepreneurship is that you have to be a “risk-taker.” That’s not it. To be willing to launch a business, you have to be comfortable with uncertainty, not risk.

Read the full interview ➜

#3: Yvette Adams, founder of The Creative Collective:

We chatted with with Yvette, founder of The Creative Collective ($200K/month). In our interview, Yvette says:

Business is fraught with risk. But to me, business is about accepting that there are risks involved and combining some education, number crunching, and decisiveness, with some good old-fashioned reason and sensibility and of course intuition. If it feels right it probably is.

Additionally:

Everyone I meet has ideas on things they are going to do, or businesses they are going to start one day. I guess the difference between me and them is I do them. I just learned as I went.