Between the two options, what would be a better business option?
The old world (and by this I mean even like 10 years ago) is GONE .
I don’t like the rationale underneath the question.
- Why can’t you do both?
- Why does a low cost business have to be a high risk startup?
I could launch into a litany of things you perhaps already know so I won’t insult your intelligence.
I’m pretty sure you didn’t know this though:
Example 1 & 2 (all these companies were built initially with an outsourced team):
And I’m sure you’re familiar with the book the $100 dollar startup or Paul Graham’s advice: 'Do things that don’t scale.
Retrieved from Low Cost or High Risk?