Nikonomics - The Economics of Small Business cover image

Nikonomics - The Economics of Small Business

05 - FREE Business Advice - Agency or Startup? A Step-by-Step Guide to Finding Your First Business, Real World AI Applications to Start a Business

Apr 25, 2024
Meet Odetta, a young entrepreneur contemplating between launching her own agency or joining a startup. Patrick seeks guidance on purchasing a business while James explores acquiring another company. The podcast also delves into AI technology for small businesses and macroeconomic issues affecting the sector.
01:07:12

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Quick takeaways

  • Choosing between starting an agency or joining a startup requires evaluating personal goals and skills.
  • Consider market demand, risk profile, and industry expertise when acquiring businesses for successful ventures.

Deep dives

Main Idea: Finding Business Opportunities Through Entrepreneurial Counselling

The podcast features various entrepreneurs seeking advice on starting or acquiring businesses. Examples include Odette, a young genius contemplating starting an agency, and Patrick, interested in buying a business. The host advises them on decision-making and considerations for their entrepreneurial paths, shedding light on the complexities and opportunities in the business world.

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