Solo vs. Agency - The Truth About Running a Business

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This video explains the pros and cons of being a solo freelancer vs. becoming an agency owner. You will also learn:
✅ Which model is most profitable
✅ Which model fits your personality best
... and more!
Enjoy this week's video!
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0:00 Freelance vs agency which one pays the most?
0:50 Financial responsibility of an agency owner
2:05 Income limitations of being a freelancer
3:43 Freedom and schedule as a freelancer
5:47 Which model fits your personality
8:28 How much can you make as a freelancer vs. agency owner?
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Solo vs. Agency - The Truth About Running a Business

[@finnnimma]

Hey Payton, great video! I have a question: How much money were you making as a freelancer before you hired some people, and what roles did you get team members for at first? I would love to know!

[@william_SMMA]

The point on paying salaries is redundant because you can have a 6 figure agency without any full time employees Just pay per contract

[@eli.alcaraz]

Yeah, I'm currently a freelancer and considering doing this

[@christosorphanides]

I watched a couple of your videos, good content, keep it up

[@othmanerjafllah3092]

awesome video Payton, keep going i really learn a lot from you and enjoy your content.

[@markjoncheff4635]

Such good timing. I’m currently switching to agency and was still trying to make sure I’m making the right decision, this video is perfect. Thanks so much

[@fabiowebdesigner]

I am a solo freelancer. There are pros and cons of working for and by yourself. But, I've been thinking about hiring a team for a while now. Thanks for the info, Payton!

[@Itsdesignerjacob]

Great video as always, Payton! Also you should do an office tour video for fun. Very inspired by how you designed it.

[@jasinAmsterdam1976]

We have never met, I only know you from youtube and what you shared here (specially last year)….But it is so cool to see you doing well 😄👍👍👍

[@tjkesteleyn]

Hey Payton! I’m currently freelancing to build a portfolio, reputation, and operating procedures. Headed toward hiring a team and running an agency.

[@mouadhboukefa560]

hahahaha i love the intro. I am sure i am going to enjoy the rest of the video

[@atlasdigitalcompany8660]

Hello, Payton. Great work as always. Thank you. I have a rather personal question: During your first year in business as a solo freelancer, approximately how many websites were you able to make during that first year alone? I understand it was a gruelling year at your beginning. Also, I was wondering what you think might be a reasonable expectation of the number of websites built in the course of a year as a freelancer specifically? Cheers and thank you.🙏

[@futuretech8285]

I am really sorry good mate, to hear that you are sufferings from cancer, i know how it feels becoz i have a friend who has cancer to, Just stay happy and stay strong my friend... Btw love your vids

[@joy-lopes]

I'm currently a freelancer looking to make the switch to agency. I have only been freelancing for a couple of months and I'm already feeling the constraints of doing it all myself. I'm already starting to network with other designers and I'm definitely not going to wait to burn out to start my agency, so thank you for this video.

[@seanmakura]

Hey, I've been freelancing for 1 month. I'd love to chat about it if you're down?

[@nessrinenina7125]

hey payton ! i have a language problem cause english is my third languge .. so is it a MUST to do a cold calls ? or i can go with cold emails only ? thank you for your efforts ❤️

[@johnathanj756]

Hey Payton, I have a question regarding starting an agency. Does your team consist of contractors that get paid per project or are they salaried?

[@RKPetRabbitAnimals]

Nice sharing good job👍👍💕💕💕💕💕 D.

[@EddyVinck]

I’m currently building my own business website. I do this part-time next to my 4-day job, and I want to build a team in the future.

[@Geriya]

Agency owner 🎉

[@kaseydoak3629]

Freelance but looking at an agency now and hiring some colleges.

[@musikkimies]

freelance to this point

[@pattic6077]

Freelancer

[@valiik]

freelance

[@joenorris676]

Agency, have one freelancer I am working with regularly and looking to keep scaling :)

[@mouadhboukefa560]

I am a freelancer (since 5 years) that wants to start an agency

[@falahahmed9584]

Agency

[@SiXiS4]

its not about money but balance

[@opixelpres]

Right now l'm a solo freelancer

[@jacobgriego243]

What type of benefits do you offer your employees?

[@nosoyputo6969]

Agency B)

[@itsyerauldda]

You can still be a successful freelancer and contract some work out.

[@aaroncowan4921]

Honestly would be hilarious if you genuinely ended the video at the start 😂😂

[@Sceptrumy]

I OWN A WEBSITE AS AGENCY TEAM BUT AM WORKING SOLO XD

[@uscjake868]

Nope. SAAS will make you the most money. Stop selling your time for money. Sell your service at scale.

[@13LesTadO13]

Lol I'm out at 30 seconds. Jk

[@tjveach]

Freelancer

[@carloschacon1148]

Freelancer

[@horikatanifuji5038]

Freelancer