In this week’s episode of the Don’t Be Stupid Show…
We talk about computer manufacturer DELL who started with $1,000 capital in 1984. And by 1992 was one of the largest companies in the world.
I’ve seen a fair share of online businesses, and a really popular habit of the industry is to sell consultations. This is a TERRIBLE way to build a business.
There’s no leverage.
In fact, Jonathan argues that selling his time in consultations makes him feel like a hooker—no matter how much it earns. I argue that a hooker has more leverage (and scale) than a consultant.
On a more serious note…
We explore the advantages and methods of focusing on scale in a consultation business…and in a transcription service, as examples.
If you want to learn to build your business for scale…
Then listen to Episode #7 of the Don’t Be Stupid Show here:
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