[Podcast] From Side Hustle to 120-Person Agency
Corey Quinn
Founder, Deep Specialization™
Ned McPherson scaled Enrock to 120 employees, without a sales team, and sold to a PE-backed firm in just four years. Learn the CRO and referral strategy behind it.
“The elixir to growth for any company or any organization is rapid empirically backed experimentation.”- Ned MacPherson
What if you could scale your agency to 120 employees—without a sales team—and sell to a private equity-backed firm in just four years?
That’s exactly what Ned McPherson did.
In this episode of The Deep Specialization™ Podcast, Ned McPherson, Chief Growth Officer at Power Digital and founder of Enrock Growth and Analytics, breaks down the strategies behind his rapid success.
🔥 What you'll learn:
✅ How CRO and analytics powered Enrock’s growth
✅ Why 100% of their business came from referrals
✅ The keys to financial discipline and profitability
✅ What agency owners should know before selling
✅ How providing value for free builds trust (and clients)
If you’re looking to scale smart, improve retention, or plan your exit, this episode is packed with must-know insights.
🎧 Listen to the episode now:
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Best,
CQ
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Frequently Asked Questions
What does Ned McPherson mean by "the elixir to growth is rapid empirically backed experimentation"?
That real growth comes from consistently testing and validating decisions with actual data, rather than relying on assumption or intuition alone, a principle that shaped how Enrock approached its own scaling.
How did Enrock scale to 120 employees without a dedicated sales team?
Through 100% referral-based growth, discussed directly in the episode as a core part of Ned McPherson's strategy, relying on genuine client satisfaction and word of mouth rather than active sales outreach.
What role did CRO and analytics play in Enrock's growth?
A central one, powering the growth strategy directly, using data and conversion rate optimization expertise as the foundation for the value Enrock delivered and the results that drove referrals.
How does "providing value for free" build trust and clients, according to this conversation?
By demonstrating genuine expertise and goodwill upfront, before any formal engagement begins, a strategy that builds the kind of trust that naturally leads into paying client relationships.
What should agency owners know before selling, based on this episode?
Practical insight shared directly by Ned McPherson, drawing on his own experience selling Enrock to a private equity-backed firm just four years after founding it, covering financial discipline and what actually matters in a sale process.
About Corey Quinn
Founder, Deep Specialization™
Corey helps founder-led agencies scale through Deep Specialization™ and programmatic M&A. Former CMO of Scorpion ($20M to $200M). Author of "Anyone, Not Everyone."
