Every time I start a company, I find people to put in place that have already done it multiple times before. because your risk of failure are lower, and they already know everything to do. So I don’t have to deal with client relationships, I don’t have to deal with customer service or anything like that. I get to do what I enjoy doing.

RESOURCES & LINKS:
____________________________________________

HubSpot: https://www.hubspot.com/
Quick Sprout: https://www.quicksprout.com/
Ubersuggest: https://neilpatel.com/ubersuggest/
Crazy Egg: https://www.crazyegg.com/
____________________________________________

And the notion that if you hire someone for 150,000 , I’m not saying you’re saying this. It doesn’t necessarily mean they’re a better employee right?

Engineers for an example, are very expensive in this economy, right. So the point I’m getting at is, a consulting company, I had the demand for. A lot of people wanted to pay me for marketing. And there was just so much demand, it would’ve been silly not to do. And if I’m not trying to go public or I’m not trying to sell. Money’s money, green is green. As long as you’re happy doing what you’re doing. Take the cash.

I wouldn’t say I would never sell the company, but I don’t care to ever sell the company. ‘Cos I love what I’m doing. We also have good growth too, right. Like I don’t know what we’ll grow this year. 60 something percent, which isn’t bad. You know, with the market going up and down and fluctuating. 60 something percent is my guess. At our size is decent.

I think you’re you’re totally right that like if you’re going to win big, you’re going to end up with a bunch of employees. And like, you know, it might look like 150. It might look like a thousand. It might look like 10,000. But like, you know, in either case you’re going to have managerial work and headaches. And it’s just different types. The part I was really talking about was like, you know I’ve now built let’s say a media company content. And then it’s like done educational stuff. So courses which are like, you know, a different thing. And then there’s like a built software company, and you know, we ended up selling that one and then it’s like, and then there’s services. Which is like client services. Like consulting or agency model. And what I hate.

So like, you know, the hustle or like the milk road or this podcast. It’s like we have to come on and create the content again. You know, for the most part we’re not doing like super long evergreen stuff. So you know, like with the hustles, the daily newsletter, milk roads, the daily newsletter. We got to bake that cake every day. Whereas software, it was like we built one product and yes we might. We will improve it over the course of a year. You know, every year we’re going to improve it. But like fundamentally, we didn’t have to like recreate the product. Come up with a new viral story, or a new great content segment that would like require like a new genius. With software, it’s like you come up with one genius moment. And then you sort of refine it.

So I preferred that part of software, which was like making a product. Rather than making kind of like a disposable, you know, consumable piece of content. Or like I have a e-commerce company and like, it’s a pain in the ass to have physical products that are supply chain, constrained and like we have a warehouse. We got warehouse problems with our e-commerce business. And so I’m like man, digital is sweet compared to e-commerce. But e-commerce is quite profitable.

The part I always thought was a pain in the ass was like the client services. You are reinventing the next campaign. And the next winning marketing, you know, formula for them. And you have to keep clients happy all the time. And clients are sort of like never satisfied in a way that like. If software is like, you can have nameless faceless customers.

In software, a lot of people have tons of those issues and they can’t figure it out. Or they have competitors who come into the marketplace and just undercut them on pricing for the same features. ‘Cos it’s cheaper and cheaper to build software these days, right.

So they all have their own problem. To me I look at it as, if you can find the right people. So every time I start a company I find in people to put in place that have already done it multiple times before. ‘Cos your risk of failure are lower. And they already know everything to do. So, I don’t have to deal with client relationships. I don’t have to deal with customer service or anything like that. I get to do what I enjoy doing. Which is go and create content, be the face, et cetera.


► If you need help growing your business check out my ad agency Neil Patel Digital https://npdigital.com/

►Subscribe: https://goo.gl/ScRTwc to learn more secret SEO tips.
►Find me on Facebook: https://www.facebook.com/neilkpatel/
►On Instagram: https://instagram.com/neilpatel/

#BusinessGrowth #Entrepreneurship #successtips

Do You Know Who Your Target Market Is?

That is your target market? Many people have no idea that they should be marketing their item and/or solutions to. They simply head out and attempt to get people to buy what they are selling as well as when it does not happen they immediately assume that their company is not working.

How To Use Bum Marketing As An Online Home Business Opportunity

Most individuals online have actually become aware of affiliate advertising and also a newer version of this technique is starting to take hold and become equally as widely known in the globe of Online marketing. This most recent strategy is recognized as Bum advertising and also is swiftly coming to be an option to the much more formal, attempted and also real associate approach and below’s just how you can use it to make cash online.

Make $100 a Day 100% Online: How To Earn $3000 a Month in the Next 90 Days (No Bull!)

Are you tired the vacant promises? Tired with the experts? Do you have a major need to function online, however are beginning to discover your choices really feel a little bit thin? Are you waiting for the following “wonder drug” or “secret approach” to turn your company, your checking account as well as your LIFE around for excellent?

Common Mistakes When Starting an Online Business

Lots of people getting associated with information item sales are active attempting to market themselves to the target market. This can be via suggesting how good your item is as well as exactly how it is the only item that can provide you an optimum remedies to your issues. This does not include worth to your item in any type of method so it would be better if you cut that out as well as concentrate on the primary subject.

Top Internet Personal Branding Mistakes Online Marketers Must Avoid

Personal branding is way of making yourself unique on the web and this should reflect on your online company. Therefore, do whatever you can to existing on your own in the ideal way feasible.

Capture Leads and Follow Up: The Key For Successful Internet Marketing

Marketers in this day and age are not collecting their leads in the old means such as opening a booth in trade show table or some area where individuals collect and also resting there as well as waiting for people to subscribe. The innovation has actually made lead collection simpler, many thanks to the web …

Online Branding – It Can Save You From Disaster

It is not basic to negotiate service on the internet, particularly when you are chatting of a very first time sale. Everybody is conscious of the ease with which purchases are made on the web. However, the world is additionally available to the threats that exist practically alongside. This is why there is a lot of research study and confirmation done before any kind of sale is completed.

A Blended Online Business System Can Even The Playing Field

The world of advertising and marketing has actually transformed considerably in this day and also age. What is the major source of this change? Among the most powerful is online organization systems. The usage of new as well as better Online marketing systems has actually transformed the means merchants promote their businesses.