Should You Start An Agency Or A Software Business? (Contrarian View)

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My First Million

My First Million

2 жыл бұрын

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Shaan Puri (@ShaanVP)and Sam Parr (@TheSamParr) sit down with entrepreneur and online marketing guru, Neil Patel, to talk about the advantages and disadvantages of an agency vs. software business.
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Links:
* Neil Patel - neilpatel.com
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A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.

Пікірлер: 28
@diamond3529
@diamond3529 Жыл бұрын
Sam’s energy was so abrasive and combative, especially towards a guest on your show
@bethromelus6172
@bethromelus6172 2 жыл бұрын
Agencies don't have to reinvent the model. Over time, you start to notice patterns in successful campaigns. We then transform those patterns into templates, processes, and frameworks that can be used again and again because the major principles are the same. Of course, we personalize our plans for every client. However, the outside is different but the inside is the same.
@CoursesxCasey
@CoursesxCasey
I've run an agency for over 10 years and have been surrounded by product companies for years. One reason I chose an agency is I'm a risk adverse person who didn't really understand the investment/equity game. I feel like yes, software product companies can scale, can explode - but also have a high chance of never hitting profitability. Agencies can be profitable very early on without any investment - especially software agencies. To me, it's a high risk, high reward argument. My agency is tiny and would never grow the way a product company would - but I'm happy with my success.
@adeyup5139
@adeyup5139 2 жыл бұрын
Really didn't like this episode and I love most of them. I normally come away feeling energised and inspired, but there was something about the guest (Neil) where I found his answers to not be not 100% believable. He's clearly a really successful guy, but definitely my least favourite episode. Indeed I wanted to stop it and not listen any more, but I have a thing for finishing things!
@cs2294
@cs2294 2 жыл бұрын
This was an odd episode. Something about the guest just felt off
@Adam-yf3ss
@Adam-yf3ss 2 жыл бұрын
TLDR: You should start an agency if … you can be the face of it but not involved in the day-to-day.
@yonatandaniyel5640
@yonatandaniyel5640
Invested 5 million of his own money 😮
@henryjohnson6936
@henryjohnson6936 2 жыл бұрын
I loved this episode. Honestly one of my favorites get. You guys didn’t talk ideas a lot but love hearing real numbers from people. Helps gauge a lot or set higher goals.
@ctrlmario
@ctrlmario
Why not just have an agency the focuses on software?
@thebrainpal
@thebrainpal 2 жыл бұрын
Don’t see why it seems so surprising that one would start an agency. They’re both hard, but a software business usually takes more time to make money. Agencies can scale to six figures in the owner(s)’ pockets within 1-3 years if they play their cards right and can sell.
@hyperstarter7625
@hyperstarter7625 2 жыл бұрын
I’ve been following Neil from the CrazyEgg times, but it’s the first time I’ve seen an interview.
@user-oo3gs2rz7o
@user-oo3gs2rz7o 2 жыл бұрын
Damn these guys seem to be running down neil.
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