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Which Business Strategy Would You Pick?
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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]