In this episode of Schmidt List, host Kurt Schmidt welcomes Michael Blood, founder of the software agency Matraex, for a deep dive into his entrepreneurial journey. With over 25 years in the software industry, Michael shares insights from his career, which started with building websites and side projects during the dot-com boom.This conversation offers a candid look at agency growth, the challenges of navigating market changes like the dot-com bust and the rise of AI, and why smaller agencies can be more resilient during industry shifts. Michael also discusses his practical approach to implementing AI tools, his philosophy on slow tech adoption, and how he maintains transparency with clients about AI-powered work.Beyond his agency, Michael talks about balancing multiple ventures, including running a coworking space, developing software solutions, and managing successful Airbnbs. He highlights the challenges and rewards of turning passion projects into profitable businesses.This episode is packed with valuable insights for founders, agency leaders, and entrepreneurs interested in: