Michael Segala

speaker

179 appearances 1 recordings 1 series first heard Jul 2017 last heard Jul 2017

Michael Segala’s voice in public audio — every appearance, attributed to the second.

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Top Founders · 722: This Machine Learning Agency did $800k Last Year · 16 Jul 2017 podcast

If we get a big client, and they come out of the blue sometimes, and they want three people staffed for a year, sometimes you have to spin up resources really quick.

So it's hard to estimate at this point.

But maybe by the end of the year, we'll put another two or four people on staff.

To date, I think we're billing about a dozen concurrently.

There is, and that's dangerous.

We understand that very well.

So the beautiful thing is, not to say it will never happen, so we've never had a customer leave us yet or cut us.

Knock on wood.

Knock on all the wood you can find, start knocking on wood.

So we mitigate in a couple ways.

So we have extremely talented people that don't just work in one small project.

They can work across the entire landscape of data science.

So if I do lose a client, there's tons of other opportunities for them working in.

Another thing that we do to diversify the risk is we don't invest only in one problem or vertical.

So our clients literally come from pharma, healthcare, insurance, cybersecurity, doesn't matter, right?

We don't overly invest.

And the important part of that is I worked for a company that had a similar type of model, but they invested very heavily into oil and gas.

And then BP, their tanker hit something and they lost all the oil, they cut all the contractors, the company's dead, right?

So we don't try to invest too heavily in one sector that might go under, right?

So we try to diversify.

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