Ep 25: How Peter Kang Built a Multi-Agency Empire from Barrel to Barrel Holdings
Manage episode 482762048 series 3655807
Key Takeaways:
- Peter began his journey in web design at a young age, later founding Barrel with his college friend Se Wook.
- The early years of Barrel involved learning through trial and error and bootstrapping the agency.
- A focus on specialization and strategic decision-making fueled sustainable growth after an initial period of distraction from side projects.
- Barrel Holdings was born out of the idea of owning multiple agency businesses without day-to-day management.
- Peter’s team now manages a portfolio of seven agencies, with an emphasis on focus, systems, and strong leadership.
- A defined culture and clear characteristics for hiring have helped the agency group scale effectively.
- Agencies seeking acquisition by Barrel Holdings should show specialization (either by platform or industry), sound business development systems, operational processes, and strong internal leadership.
- Agencies often struggle by failing to see their business as an interconnected system, chasing quick fixes like outbound leads without fixing foundational problems.
- Peter shares ongoing lessons and insights for agency operators at Agency Habits and his Agency Journey newsletter.
Website: barrel-holdings.com
Writing and resources: agencyhabits.com
Personal site: peterkang.com
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26 episodes