I lost (literally) millions of dollars trying to 'play business' with our first agency.
We spent $20K/mo on a fancy, high-rise office in downtown Dallas
We spent $50K/mo on giving everyone health insurance
We spent literally hundreds of thousands of dollars a month on in person, W2 payroll
And the result?
Me, on the phone 12 hours a day, 7 days a week trying to close deals to keep the lights on.
I want to make sure I am very clear:
You. Do. Not. Need. Fancy. Shit.
Especially if you are under $1M:
Keep it as lean as possible as long as possible.
Stay remote, forever.
Hire everyone that's not client facing from cheap, overseas labor.
Hope this helps.
--Alex