Episode 3
Why Your 1st Company Should NOT be a Tech Startup (and it should be this instead) (#3)
Trying to launch a startup? Learn why you should not start a tech startup and why you should start an agency first.
April 14, 20219m 10s
Audio is streamed directly from the publisher (media.transistor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Do you want to launch a startup? Here are my thoughts on why you should not start a tech startup and why you should start an agency first.
What are your options?
- Consulting Service
- Productize Service
- Sell Physical Product
- SaaS (Software as a Service)
Why an agency is a bad idea? Not Scalable, People Heavy, & Low Exit Multiples
Why it's a good idea?
- SPEED: You can start one today
- INVESTMENT: Requires no investment
- CASH FLOW MACHINE: If you run lean you can have great margins
- YOUR LAUNCH PAD: Sets you up for future business acquisition or launches.
- INVESTMENT FUNDS: Build up Cash to invest in other people
- LEARNING: Exposure to multiple industries
- NETWORKING: Clients, Partnerships, Hiring
About the Podcast:
Topics
Marketing AgencyAgenciesStartupsBusinessentrepreneur