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Consultancies are guaranteed profit. Your clients have to deal with all the trouble of getting the business off the ground including profitably on-boarding cust
by 1cvmask 5y ago
Consultancies are guaranteed profit. Your clients have to deal with all the trouble of getting the business off the ground including profitably on-boarding customers to pay your bills. You first have to do product market fit. Then sales market fit. Then market it and get customers. This can all be in a time horizon of 1 year to stretched out over multiple years.
Most consultancies grow profitably over time while many of their clients (at least in SaaS businesses may cease to exist).
Some eventually do spin off side businesses but that is quite rare.
Good luck!