This Media Agency Does $6m in Revenue with 32 Employees With Matt Weinberg of Vector Media Group EP 211

Published: March 30, 2016, 4:02 p.m.

Matt Weinberg, CEO of Vector Media Group a company that specializes in web design, content management, and general media consulting. Listen in as Matt shares the history of his 15 year old company, how it went from a small pet project to genuine giant, and what he sees for the future of media.

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Bio:
Matt co\xadfounded Vector Media Group in high school, and is now its President of Development and
Technology. Vector is now 32 people and has been on the Inc 5000 list of America's fastest growing
companies for 3 years in a row. We're fully bootstrapped: we've never taken outside funding or debt and have been profitable every single month since our start.

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Famous 5
Favorite Book? \u2013 Getting to Yes
What CEO do you follow?\u2014 Travis Kalanick
What is your favorite online tool?\u2014 WorkFlowy
Do you get 8 hours of sleep?\u2014 No
If you could let your 20 year old self know one thing, what would it be?\u2014Know how much harder it is to take a risk at 30 than 20.

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Time Stamped Show Notes:
01:17 \u2013 Nathan\u2019s introduction
01:48 \u2013 Welcoming Matt to the show
02:19 \u2013 Matt has one partner (Lee)
02:36 \u2013 Company founded in 2000
03:02 \u2013 Started ramping up to a media company in 2005
03:40 \u2013 They are effectively a consulting company
04:48 \u2013 Web design and consulting is the biggest aspect of Vector\u2019s business
05:45 \u2013 Vector loves to get in with companies as early as possible
06:44 \u2013 www.GreenTechMedia.com
07:55 \u2013 Vector bills at roughly $180/HR
10:03 \u2013 Walking through the negotiation/fleshing out process
11:12 \u2013 Catch problems EARLY
11:28 \u2013 Vector can work on almost any budget
12:00 \u2013 Ideas change DRAMATICALLY post launch
12:50 \u2013 Working with the Associated Press
13:41 -- @MRW

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3 Key Points:
Take risks before your 30\u2026it gets harder after that birthday.
Mentally and financially budget for the changes you\u2019ll want post launch\u2014there will be many.
Don\u2019t be afraid to price yourself as a premium product if you know you\u2019re worth it.

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Resources Mentioned:
Edgar \u2013 Nathan uses Edgar instead of other scheduling tools\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\u2019t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
WorkFlowy \u2013 The online tool Matt can\u2019t live without
Travis Kalanick \u2013 The CEO Matt follows
Getting to Yes \u2013 Matt\u2019s favorite business book
www.GreenTechMedia.com \u2013 One of Vector\u2019s clients

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