When I first started my career in advertising I dreamed of starting my own agency one day. And one day I did. That one day was eight years ago. Today, I can say that there is almost nothing better than to say that your one day happened in the past. That your one day has an actual date. That your one day is not a hope, dream, or wish. It is part of your permanent record. Like that suspension from high school.
How It Happened
I didn’t just dream about starting my own business. I envisioned it. I planned it. I took action. And I made it happen. I did what I told myself I would do. And because I did, I started believing that I could take on other big challenges. Like starting a blog, writing a book, or swallowing a spoonful of cinnamon without crying for my mommy.
You may have noticed there were a lot of ‘I’s in the last paragraph, eleven to big exact. That is because it takes a lot of personal action, initiative and determination to start a business. But once you’ve started, it takes a lot of weness to keep it going. I am extremely thankful to our talented team of Weapons for building The Weaponry into the organization it is today.
The Weaponry was born on April of 2016. (I know that because I checked its born-on date, like a can of Budweiser from 1996.) In the beginning, it was a huge accomplishment to get to our first birthday. In fact, it was a huge accomplishment to make it to each of our first 5 birthdays, because such a high percentage of businesses don’t last 5 years. Kinda like a Kim Kardashian marriage.
But the thing that I love most about The Weaponry turning 8 years old is that there is no real significance to it. 8 years is not a memorable milestone. The business is simply taking care of business. Like Bachman-Turner Overdrive. If we put out a press release saying The Weaponry Celebrates 8 Years of Business no media would reshare our news. Except maybe The Adam Albrecht Blog. Because I know a guy there.
No Surprise Party
The other thing I love about turning 8 years old is that it is not a surprise. No one worried when we hit 7 years that we wouldn’t be here for the 8th. We didn’t eke out another year by the skin of our teeth. (Although I have never understood that saying. And I’ve never met a dental dermatologist.) Quite to the contrary, The Weaponry has had our two best years in 2022 and 2023, growing steadily each year.
Key Takeaway
When you start a new business there is a lot of instability. Which is part of the fun. And most of the challenge. But there is a great reward in reaching stable ground. It’s important to appreciate the steadying effect of hard work, smart systems, tested processes, a strong team, and accumulated experience. They make your business more predictable. Undoubtedly, there will always be more challenges ahead. And you will be ready for them when they come.
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I always wanted to start my own advertising agency. So on April 12th, 2016 I went online and officially registered The Weaponry LLC. I then marched over to another website where I got a federal tax ID number. I surfed over to a Capital One’s website, where I applied for a Visa Spark Card, because my friend Dan Richards recommended that credit card for business. Finally, I headed to the bank to set up a business checking and savings account for The Weaponry. And just like that, I had birthed a business.
The Hard Part
Setting up a business is easy. Any teenager can do it. The hard part is building a machine that will feed, clothe and shelter you and your family. It’s even harder to feed, clothe and shelter additional employees and their dependents. That’s why I am so proud The Weaponry is celebrating its 3rd birthday! We have doubled our business in the past year. And thankfully, I am not naked, starving or homeless.
Working with Olympic Gold Medalist Blake Pieroni for Mizuno. He’s the one without the hat. Apparently swimmers where hats enough in the pool.
Momentum
The 3rd birthday is a fun milestone to reach. Just as each wedding anniversary is represented by a different gift (Honey I got you a new sponge!), each business birthday represents something unique. The first birthday is the ‘We’re really doing this!’ birthday. The second is the ‘We’re still alive!’ birthday. And the third is the ‘Now we’re rolling!’ birthday.
On set, showing Olympic Gold Medalist Jennie Finch my disappearing water bottle trick.
Indeed, The Weaponry is rolling. This past year has been exciting for our team.
A Few Highlights:
We hired more full-time and part-time staff.
We renewed our lease on our first office in Milwaukee.
We opened a new office in Columbus, Ohio.
We worked with President Jimmy Carter.
We worked with Olympic Gold Medalists Jennie Finch and Blake Pieroni.
Members of our team experienced work traveled to Maine, Massachusetts, Ohio, Washington DC, Georgia, Florida, Louisiana, Arkansas, Texas, California, Wisconsin, Illinois and Indiana.
We had our first International shoot, on the other side of the world, in India.
A fun experience was had by all.
Me and some of the ladies in red!
Client Roster
In the last 12 months we have worked with 23 Clients! Who works with 23 clients? I guess The Weaponry does.
Saying Yes!
Our broad and diverse client roster reminds me of one of my favorite things about being a business owner: I get to say yes to anything I am interested in doing. As result we have a fun mix of large, medium and small clients. Just as crop rotation keeps farm fields producing at their best, the variety of industries we play in keeps our team fresh and stimulated with a constant stream of new and varied challenges.
Our team working with our friends at Safelite Autoglass. Did you know they both repair, and replace?
10 Lessons From My 3rd Year of entrepreneurship.
As I reflect on this past year I have gathered a few key lessons I’ve learned. Here they are in a particular order.
People make all the difference. A business is nothing but a collection of people running plays together. So find great people to run great plays and you are likely to experience great success.
Slow and steady wins the race. At The Weaponry we are trying to build a business that lasts forever. You make different decisions when your goal is to survive eternally instead of generating hockey stick growth or making a quick sale.
Do the important but not urgent work. Maintain your human relationships and invest time and energy in them. This will pay you back in a wide variety of rewarding ways.
Diversify your clients. With so many different clients we are well-balanced financially. All of our clients are important to us. None of them are critical to our survival.
Nothing is sure. We signed a large monthly retainer with a new client last summer, only to deal with a major reorganization within their business that changed everything one month later. I received a ‘This is your official notice that we are activating our right to cancel this agreement!’ from someone I didn’t know. Those things can happen at anytime.
You never know when you are going to get the next opportunity of a lifetime. I got a random but welcomed call one day from my good friend Dennis Giglio at Fifth Third Bank, telling me that he had a project he wanted us to work on, and that there was a good chance we would have to go to India to shoot part of it. He was right. And it was amazing. Thank you Fifth Third and SLK Global friends for the opportunity!
Working with our friends at Fifth Third Bank and SLK Global in India.
Set Your Sights High. The Weaponry has Big, Hairy, Audacious Goals, and they force us to grow. I share our goals with our team in every agency-wide meeting. And despite the largeness of the goals, or perhaps because of them, I can always see the team focus, and lean in when we restate them. Everyone knows what we are after. We all know that we have a lot of work to do to close the gap between where we are today and our idealized, fully formed version of ourselves. And we are willing to do the work to get there.
Use A System For Growth. We use the EOS System from the book Traction by Gino Wickman. It makes a huge difference. If you are struggling to make satisfying progress with either a startup or a fully formed business, pick up this book and start the EOS Process. Setting quarterly rocks helps a business focus on continually moving the business forward. (This has been an unpaid endorsement of the book Traction. You can find it by clicking here.)
Make Cash Flow plans This past year The Weaponry was owed a lot of money. For several months we carried an accounts receivable balance of over $700,000. Which meant that we had performed that much work, had paid what it cost us to create the work, but were not yet paid by our clients. You have to have a plan for such times. Because a business that runs out of cash is like a car that runs out of gas, or a human that runs out of blood.
Develop Great Partners Over the past year other businesses that we partner with on projects have brought great new clients to us. This is a total game changer. Because it is like having an additional business development team, or multiple business development teams bringing you opportunities. Sometimes it comes in the form of a collaboration. But other times the work comes simply as a trusted referral. And it works like compounded interest. Which is why you should compound your interest in great partners.
Key Takeaway
The Weaponry continues to grow. I am learning and growing just as much as the business. I have not done any of this alone. My fellow Weapons have been key to our success. As has the growing list of great clients we are lucky to work with. Thank you for following the story or being part of the story as it unfolds. It’s been an exciting adventure. I look forward to what the next year brings!
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