Chapter

The Easiest Business You’ll Ever Start
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23:51 - 32:21 (08:30)

In this episode, Jason Calacanis talks about the different kinds of businesses, why some entrepreneurs lose a lot of money doing SaaS and how running a business offline can be easier than an internet business.

Clips
The speaker shares their experience of the challenges of running an e-commerce business and specifically, their failed venture in online cat furniture.
23:51 - 25:29 (01:38)
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E-commerce
Summary

The speaker shares their experience of the challenges of running an e-commerce business and specifically, their failed venture in online cat furniture.

Chapter
The Easiest Business You’ll Ever Start
Episode
Andrew Wilkinson: The Hardest And Easiest Businesses To Start
Podcast
My First Million
The coordination required for a brick and mortar business, such as a restaurant, is much more complex than for an internet business because of the need to manage physical goods and employees.
25:29 - 27:14 (01:44)
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business
Summary

The coordination required for a brick and mortar business, such as a restaurant, is much more complex than for an internet business because of the need to manage physical goods and employees.

Chapter
The Easiest Business You’ll Ever Start
Episode
Andrew Wilkinson: The Hardest And Easiest Businesses To Start
Podcast
My First Million
Agencies are like law or consulting firms with flat, linear growth that requires them to be ready for downturns and make changes when necessary while SaaS companies are fast-growth companies that most often want to own a consulting business or something that grows really fast.
27:14 - 29:14 (02:00)
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Agency growth
Summary

Agencies are like law or consulting firms with flat, linear growth that requires them to be ready for downturns and make changes when necessary while SaaS companies are fast-growth companies that most often want to own a consulting business or something that grows really fast.

Chapter
The Easiest Business You’ll Ever Start
Episode
Andrew Wilkinson: The Hardest And Easiest Businesses To Start
Podcast
My First Million
The founder of Flow, a project management software, shares his experience of losing $10 million while competing with Asana, and highlights the dynamic of fighting an army with unlimited budget.
29:14 - 31:10 (01:55)
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SaaS
Summary

The founder of Flow, a project management software, shares his experience of losing $10 million while competing with Asana, and highlights the dynamic of fighting an army with unlimited budget. During a conversation with the founder of an agency, he reveals that he saw only a 20% decrease in his companies, whereas American companies he sells to have slowed down their buying services by 5%.

Chapter
The Easiest Business You’ll Ever Start
Episode
Andrew Wilkinson: The Hardest And Easiest Businesses To Start
Podcast
My First Million
David Perell discusses the challenges of finding the right business model in today's market where there is pressure on suppliers to reduce costs and clients to reduce fees.
31:10 - 32:21 (01:11)
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Business Strategy
Summary

David Perell discusses the challenges of finding the right business model in today's market where there is pressure on suppliers to reduce costs and clients to reduce fees. He also shares his preference for having many clients paying small amounts instead of a few clients paying large amounts.

Chapter
The Easiest Business You’ll Ever Start
Episode
Andrew Wilkinson: The Hardest And Easiest Businesses To Start
Podcast
My First Million