Freelance to Founder · Millo

Hire without Losing Money

·22 min·2 clips
Jason Fishman reveals how hiring a team lets you take on three times more clients without sacrificing quality.
Preston Lee and guest Jason Fishman, CEO of Digital Niche Agency, tackle a question from Marcus Delgado about scaling a paid ads consultancy. Marcus excels as a solo consultant but sees his profit margins vanish whenever he attempts to hire an employee. The core of the episode explores how to determine if a business offer is robust enough to support an agency model with a team. Fishman suggests the issue may stem from Marcus struggling to delegate his core media buying work and emphasizes building training systems to replicate his process. He argues that hiring should enable taking on significantly more client volume, which can improve service quality through better response times and attention. Preston proposes an alternative hiring strategy: instead of cloning yourself, hire for complementary skills like sales or business development to address growth bottlenecks. The conversation references the book "Who Not How," which advocates finding a person ("who") to solve problems rather than just a method ("how"). Jason Fishman's agency specializes in helping companies raise capital through regulated investment crowdfunding campaigns like Reg CF and Reg A+. He explains that a typical Reg CF campaign might require 50,000 visits to an offering page to secure 1,000 investments, averaging $1,500 each. A key insight is that hiring must be a calculated decision where the new hire's revenue contribution clearly exceeds their cost, often by taking work off the founder's plate to free them for higher-value activities. Fishman notes that a skilled media buyer should improve advertising efficiency through lower costs-per-click, which can offset their salary. He stresses the necessity of detailed planning before hiring, including defining success metrics and creating contingency plans. The episode maintains a conversational and advisory tone, blending direct coaching with real-world examples from the hosts' agency experiences. This episode is ideal for freelancers and solo consultants in digital marketing who are considering their first hires but are worried about profitability. Listeners interested in non-traditional business funding, like equity crowdfunding, will also find value in Fishman's expertise. Those seeking highly structured, step-by-step financial models for hiring might find the discussion too high-level.

As heard by us

Hiring only makes sense when the offer can carry the model.

The episode keeps its focus on a practical business question: when a solo paid ads consultant has enough pull to justify an agency model. Marcus Delgado's framing gives the discussion shape, and Preston and Jason Fishman stay with that problem instead of drifting into theory.

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Why you'd press play

Your paid ads work, but hiring still feels like a margin trap.

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