service-based businesses
also referred to as: service based businesses
2 statements across 2 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jun 17, 2024 by Greg Isenberg · across every show →
Everything said about service-based businesses, oldest first
Jun 17, 2024 bullish
Isenberg: AI agent service businesses will reach 60% to 80% EBITDA margins
“Once you get to step three, the margins are going to three, four, or five X. Instead of making 20% EBITDA, you might be able to make 60% EBITDA, 80% EBITDA. And the reason why is because you're paying tokens and you're getting agents to do the work.”
Feb 15, 2025 bullish
Isenberg: AI automation will replace human-run agency and consulting tasks
“There's a lot of service based businesses that, you know, their agencies, consulting firms that do a service, a painful task for a business. You don't have to have humans do that anymore. You can now use technology to go and automate a lot of that stuff. And t…”