Send us Fan Mail Luke Eggebraaten started out flipping go-karts, dune buggies, and beer vending machines on Craigslist in college. He figured if it didn't sell, he'd use it anyway. He ended up as director of marketing at an orthodontics practice, where his whole job was being the liaison to the marketing agency they hired. Watching that agency make him look good from across the country is what made him think he could do it too. He started Phaser Marketing on the side in 2019 and ran it that way for two years, cash flow positive from month one, paying himself nothing. What made him finally quit wasn't a revenue milestone. It was a friend at a bar in Omaha asking why he didn't just go full time, and him not having an answer. Today Phaser serves excavation, septic, and hardscaping companies, about 120 of them, at roughly $200K in monthly recurring revenue with a team of 31. The centerpiece of this episode is the part most agency owners never hear laid out honestly: how he moved off white label. At seven figures he was spending $50K a month with two white label partners. He spent 14 months migrating clients in batches of four or five, roughly $2K of billing per batch, hiring one specialist per ten clients as he went. Gross margin went from about 40% to 60%. Net went from about 15% to between 25 and 30%. In this episode: Why he built a business bank account instead of paying himself for two years The exact numbers he had when he quit his job, and why he says most people shouldn't copy him What he means by desperation being a smelly cologne, and why he kept a job to avoid it Why he collected every medal in the Seven Figure Agency program on purpose instead of sprinting The batch-by-batch math of moving 120 clients from white label to an in-house team Why marketing getting diluted is good news if you're actually creative The two things still on his plate that he can't delegate, and neither one is client work Timestamps 00:00 Intro 01:34 Go-karts, dune buggies, and beer vending machines on Craigslist 02:34 Director of marketing at an orthodontics practice, and the agency that inspired him 03:03 Starting Phaser in 2019: real estate, demolition, oil field, garage door, and a party bus company 03:47 His wife's job at Carvana, the move to Arizona, and going full time 04:01 Joining Seven Figure Agency and niching into the dirt world 04:30 Where Phaser is today: 120 clients, $200K MRR, 31 team members 05:23 The question at the bar he couldn't answer 05:52 The actual numbers when he quit: $7K MRR, $6K in projects, $8K in the bank 09:14 Who should quit their job and who absolutely should not 11:20 Finding Seven Figure Agency, Josh's book, and the invite from Tony Ricketts 12:46 Why he collected every medal instead of sprinting to seven figures 13:40 What having a coach actually gets you 15:39 "There is no making it" 16:38 Problems get bigger as you grow, but growing is still nicer 17:58 Desperation is a smelly cologne 21:03 Being willing to tell a prospect no 23:16 Marketing your own agency: put the mirror up first 24:42 Why diluted marketing is good news for creative people 26:50 The 80/20 content rule and why most people have it backwards 28:01 Building a personal brand and a company brand that feed each other 29:45 How to run a white label relationship well, and how most agencies blow it 31:30 The margins before the transition: 40% gross, 15% net 32:08 The batch method: five clients at a time, $2K per batch, one hire per ten clients 33:05 Where the margins landed after 37:03 The two things he still can't get off his plate CONNECT WITH BRAD: Facebook → https://www.facebook.com/BradStarnesOfficial/ Instagram → https://www.instagram.com/bradstarnesofficial/ LinkedIn → https://www.linkedin.com/in/bradstarnesofficial/ CONNECT WITH LUKE: Phaser Marketing → https://phasermarketing.com Dirt Bags Podcast → https://dirtbagspodcast.com LinkedIn → https://www.linkedin.com/in/luke-eggebraaten/ CONTACT: TalentFuze → https://talentfuze.io Book a call → http://bradstarnes.fyi/talentfuze/ #AgencyAdvantage #LukeEggebraaten #PhaserMarketing #DirtWorld #ExcavationMarketing #WhiteLabel #AgencyGrowth #NicheMarketing #MarketingAgency #AgencyOwner Are you an agency owner that is looking to scale through global talent? Connect with us at talentfuze.io or join our free Facebook group, The Agency Advantage: https://www.facebook.com/groups/youragencyadvantage/