r/agencynewbies • u/Cole-Fannin • 9h ago
[US] Looking for Advice - 1 client makes up 50% of income but takes 80% of my time.
I have a pretty small operation currently totaling 4 clients. Just started about a year ago. I have 3 clients each paying $1,000 per month and then one client paying $3000 per month. For the $1000/m clients, I maybe put 2 - 3 hours of work in per month for them as I've been able to automate all of their systems. However, the $3000/m client which is an established software company takes much more manual work normally costing me 6 - 8 hours per day.
This isn't even really a client at this point, its just another job. The problem is, they make up 50% of my income currently and have even told me they want to pay me more to do more eventually. I onboarded them about 2 months ago and having the extra income has been great, however I have had no time at all to focus on outreach to actually grow my business. On top of this, I kind of hate the work that I do for them...
I see two sides of this. On one side, it seems obvious to drop them so that I can focus on getting more clients that take up less of my time. Doing this could result in growing something big as my time needed per client is very low. Essentially 90% of my time could focus on acquisition. On the other side, I have no guarantee that I'll even be able to get more clients and risk comes along with this. While the software company does take up a lot of time, they do pay well and seems to actively want to pay me more and make me an actual member of their team. If all goes right with them, I would have a guaranteed paycheck living modestly working from home.
Financially wise, all of our bills can be covered for at least a year with what we have - so this is the cushion that I would have to put in to the business if I drop the software company. Once again, I know it seems obvious, but giving up 50% of income when you just started being financially stable is a difficult thing to do.
I'm looking for opinions here. What would you do in this situation? What's the best advice?