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Feedback needed: Building Online Assets vs. Digital Agency

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LastChance

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My situation:
I work about 50-60 hours per week and want to start a side biz that can give me the opportunity to quit my job in the midterm and can create massive wealth in the long term.

I have some experience and skills in online marketing that I want to take advantage of in my side biz.

I have two ideas:
  1. Building Online Assets for myself
  2. Offer Web design / Digital Marketing as a service aka Digital Agency
Both have there merits but I don't have enough experience to know for sure if my opinions are right. That's why I ask you for feedback.
I think I can provide value via both options.

What's important for me:
  • decent income in the midterm (12 month)
-> My opinion: I think it's easier/faster to build a decent income selling digital services.
  • scalability/wealth creation in the long term.
-> My opinion: Once you are up and running and have got some momentum I think making $1 million / year with online assets will be easier than with a service business.
  • probability of success
-> My opinion: Selling digital services has a very high probability of success if you create a decent USP and are good at selling/cold calling/networking. I don't know about online assets.
  • passive income/fun
-> My opinion: I think I would enjoy building online assets more and it can be run more passive however finanical freedom is more important than fun for me atm

My problem: I can only work in the evening or very early in the morning. As a service business it might be a disadvantage to not be available during work hours. However I think there can be solutions for that like hiring a virtual assistant, also I would want to outsource most of the work once I got some traction/experience.

I am looking forward to get some feedback from more experienced and knowledgeable people to help me to make a better decision.

Thank you very much!
 
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