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by byoung2
4670 days ago
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It is completely ethical, and is the foundation of many business models across different industries (think general contractor for construction hiring subcontractors for plumbing, electrical, or tile work). It is scalable as long as you are not the bottleneck. For example, if you are the only one meeting with clients and drawing up contracts, you will find yourself stretched pretty thin doing that. Imagine 50 clients all asking for status updates at the same time. I would explore the possibility of standardizing your services and prices, and making it a self-serve model so clients can sign up and manage their projects through an app or website. Then you can free yourself up to just do marketing. |
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The bottleneck is what concerns me the most. I would have to hire someone else, pay them a good salary, and train them to do what I do if I don't want to be the bottleneck. Finding a quality person and training them doesn't concern me as much as paying them. My margin % is pretty good but I am not billing out at $100 an hour. So that worries me.