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Which Business Strategy Would You Pick?

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Blackbird Recruiting

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Would you rather have five people each paying you $20,000 a month, or would you rather have 100 people each paying you $500 a month? [music] >> When you have What was the second option? 500 people? >> 500 people each paying you $500 a month, let's say. >> The benefits and the pros and cons of each one is that when you have 500 people, you're very diversified. You can have 10 people back out, no problem. When you have five people spending 20 grand a month, they control your revenue, and it's a real problem, but it's less work and you can more focus on each one, making sure your customer service is top-notch. >> Well, the problem is if you lose one client, you lose 20% of your income. >> But you'd only need to focus on five, and you can strengthen those relationships. >> [music]