Listen "Why Your 1st Company Should NOT be a Tech Startup (and it should be this instead) (#3)"
Episode Synopsis
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 ServiceProductize 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 marginsYOUR LAUNCH PAD: Sets you up for future business acquisition or launches. INVESTMENT FUNDS: Build up Cash to invest in other peopleLEARNING: Exposure to multiple industries NETWORKING: Clients, Partnerships, HiringAbout the Podcast:Jim Huffman blogTwitterGrowthHit
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