this post was submitted on 28 Nov 2023
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Entrepreneur
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You actually can, I have $, but started one with $0 that’s making more than my other companies now.
Consider agency models. For example, marketing or sales services, there’s a whole ecosystem of variations across these two areas. Or even anything you’re good at, “operations as a service” is another one popping up.
We sell projects, collect $, pay out 45 days after on the recurring retainer piece that goes to pay base wages of people on our team doing the work. Then bonuses come to us with a 75-90 day lag on when we pay out teams. So as we grow it produces cash, “float”, and we use that cash to grow faster.