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My small agency has done $650k+ in revenue in 2.5 years, but I am feeling burnt out and wanna exit. Am I being impatient? (alien.top)

submitted 1 year ago by imhashir@alien.top to c/entrepreneur@indiehackers.space

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I always wanted to build a software development agency. I have a team of 25+ people, having a stable Upwork Agency profile with the revenue I mentioned above, but I am having a hard time scaling the sales more.

I know if any other US or European agency Acquires us, they'll have the benefit of getting cheaper labour, having a team which is well trained in talking to clients, closing leads and delivering projects. Plus I have rented and furnished a whole physical office where people come on daily basis to work. So they can have it all.

With the client base they can find in US and even with our already well reputed Upwork profile, they'll be able to secure a lot more projects.

You ask, why won't you be able to secure more projects if the profile is that good? Because it's a Pakistani profile. Not sure how unaware you are from reality, but there exists a certain bias towards India/Pakistan/Bangladesh/Nepal. They'll create their individual US/EU profiles and be added to Agency as owners, and it'll become a US profile, Top Rated Plus, Expert Vetted, with all good reviews.

What should I do? Should I find someone to acquire? Will anyone be interested in acquiring us and for how much?

Another fact, we have been profitable for every month. The cost is hardly $10k-$18k per month and the revenue per month ranges from $23k-$35k, and that's in the time when there's a lot of news of recession.

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[–] Mr_Divinci@alien.top 1 points 1 year ago (1 children)

I would say do you want to sell because you actually want to or is it because you are burnt out

If it's the former

1 look at your daily tasks and see how you can delegate to a person or a team

2 start to systemise your tasks that it runs without you

3 hire excellent talent who can do more

4 look at incorporating Automations and VAs so that when you are sleeping work is still getting done

[–] imhashir@alien.top 1 points 1 year ago

It's more than about me burning about. I want to actually learn more about business and running companies.

Probably wanna get hired in some US/EU based Agency and see their sales cycles, work among some bright minds myself, before I start the agency again