Leveling Up with Eric Siu Service-Based Businesses Are About to Change FOREVER
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Feb 6, 2025 The future of service-based businesses is shifting dramatically as traditional agency models face obsolescence. Learn how talent and creativity are essential for competitiveness. The use of AI is explored as a game-changing tool for efficiency. Discover the characteristics that define top talent in this evolving landscape. Plus, insights on what it takes to build a billion-dollar agency provide valuable lessons for aspiring entrepreneurs.
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Changing Landscape of Service Businesses
- Service-based businesses, like agencies, face a changing landscape where traditional models might falter.
- Those who adapt, particularly by leveraging technology, stand to gain significant value.
The Rise of the A-Player
- Instead of relying on large numbers of average employees, future successful service businesses will prioritize top talent.
- These A-players, augmented by AI agents, will be exponentially more efficient and creative.
Embrace Change and High Standards
- To stay ahead of the curve, embrace continuous learning, testing, and open-mindedness.
- Establish a high talent bar from the outset and consistently reinforce its importance within your organization.