The key to any agency business is creating price arbitrage where you are charging a client more than it costs you to provide a service. Ghostwriting is an interesting example because some clients struggle to find people who can write their content.
The speaker proposes the idea of buying stakes in businesses like those of their accountant, lawyer or estate planner to build a back office set of businesses that cater to the needs of founders like themselves, instead of owning tiny portions of many businesses or promoting multiple products.
The speaker discusses his admiration for successful investors and their extreme skill and luck. He also notes that it is important to know what winning looks like, even if it may not be attainable for everyone.
The CEO of RSE Ventures, Matt Higgins, discusses the advantages of investing in growth companies, including not having to worry about exits and being able to focus on continuous growth. He also talks about investing in companies at the inflection point where traction has been validated but the market is not yet crowded.
The headhunting business generates billions of dollars in revenue through non-tech means and relies heavily on relationships to conduct their business. Typical fees earned range from $100,000 to $125,000 per placement, with ballers being able to conduct up to 20 searches simultaneously and up to 10-20 a year, with each search taking around 90 days to fill.