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.
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: