There are lots of reasons to start an agency: you can control the type of clients and projects you take on, you can handpick your team, and, if you play your cards right, it can provide financial wealth. But running an agency can also be extremely challenging, even downright miserable sometimes, although few people admit it.
If you’re starting your own agency, chances are you probably worked in one before. You have a general idea of how they run, who does what, how clients get pitched, how work gets invoiced, and so on, so it can be tempting to plough ahead with your new business without taking the time to think it all through.