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The Side Hustle Show

Side Hustle Showdown: Freelance vs. Agency (Greatest Hits)

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.71.6K Ratings

🗓️ 6 June 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

A service business is one of the fastest side hustles to get off the ground, and you can scale it by hiring other people to deliver the work. But is there an advantage to staying a solo operator? In this Side Hustle Showdown, we're looking at freelancing vs. building an agency. For this debate, I invited a couple members of The Side Hustle Nation community who both run cleaning companies: Chris Schwab from ThinkMaids.com represented the agency side. We last heard from Chris in episode 294, where he talked about how he’d built his cleaning business to $60k a month in revenue, and scaled back his own involvement to just 10 minutes a day. Ken Carfango from SmartCleaningSchool.com represented the solo freelance side. Ken’s a former engineer and a father of 5 who’s got his cleaning business dialed in where he can knock out the work himself in just a couple days, and enjoy 5-day weekends with his family. Tune in to hear both Chris and Ken discuss which business model is best for: Getting started Finding new clients Scaling Start-up costs How to exit And more If you’re trying to decide which path you want to take, stick around to learn how to avoid the dreaded “valley of despair” that often afflicts service businesses, and how to get started on the right foot. Full Show Notes: Should I Start a Freelance Business or Build an Agency? Side Hustle Showdown New to the Show? Get your personalized money-making playlist here! Sponsors: Squarespace — Start building your professional website for free today, and take 10% off your first website or domain! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Tailor Brands — Get 40% off the all-in-one platform to build your online brand the smart way w/ code SIDEHUSTLE.

Transcript

Click on a timestamp to play from that location

0:00.0

Here is an oldie but a goodie from the Archives from the Side Hustle Show Greatest Hits Collection?

0:06.0

A service business is one of the fastest side hustles to get off the ground,

0:10.0

and you can scale it by hiring other people to deliver the work.

0:14.0

But is there an advantage to staying as a solo operator?

0:17.5

To find out, it's time for another side hustle showdown.

0:20.5

What's up, what's up Nick? Loper here, welcome to the Sign Hustle Show because you don't want to swim in a roped off sea.

0:28.8

Tipt to Jimmy Buffett for that one. Today we're tackling freelancing versus building an

0:34.2

agency and we're doing this through the lens of a couple friends of the show who

0:38.6

both run cleaning companies again trying to find guests in similar industries so they can speak each other's

0:44.0

language, but keep in mind the stuff that we're about to cover applies to any

0:48.0

service business online, offline, on the agency side today is Chris Schwab from thinkmaids.com and when I say agency I mean

0:56.6

basically you're running the show and other people are doing the actual labor

0:59.8

because you might remember Chris from episode 294 which was a couple summers ago

1:04.6

discussing how he built the cleaning business to 60 grand a month in revenue

1:08.8

without ever doing any cleaning himself and it had scaled back his own involvement to just 10 minutes a day.

1:14.6

You can find more about Chris at local business MBA.com.

1:18.4

On the freelance side, on the solo side, I'm excited to introduce Ken Kefagno from smart cleaning school.com.

1:24.6

Ken's a former engineer and a father of five who's got his cleaning business

1:29.0

dialed in where he can knock out the work himself in just a couple days and enjoy five day weekends with his family.

1:36.0

Stick around to hear the contrasts between these two entrepreneurs, find out which model makes the most sense for you,

1:42.0

and learn how to avoid the dreaded valley of despair that often afflicts service businesses.

1:48.0

Notes and links for this one are at side hustle nation.com slash showdown three.

...

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