What makes a SoloPreneur is not the lack of employees. Some companies without employees contract everything from sales, to production, to answering their phone. They are functionally equivalent to one of the other groups because the management frustrations you face are more like those with employees (even though legally and technically you don’t have employees).
What makes a true solopreneur, are the following traits:
- The number of customers you can serve is limited by the number of hours you work
- You don’t need others to provide value to your customers
- Your customers pay you for your skill or experience, for the expertise or wisdom you possess in a certain domain. This is true even if what they purchase is a product (like artwork).
- And , obviously, no employees.
Examples of true solopreneurs: Artists (graphic and fine), consultants, plumbers and other trades people, dog walkers, coaches, piano teachers, wedding planners.
SoloPreneur Business Model
The critical success factors of a solopreneur business model are these.
- Your goals – what do you want to accomplish with this business at this time in your life, and how will you measure it?
- The cost to acquire a customer
- The value of a customer to your business
- The number of customers you need to achieve your goals
- Where to most effectively spend your time
Programs for SoloPreneurs
- Coaching
- Defining your business model
- Defining your sales process
- Time Management
Would you like to Learn More?
Call me. 203-775-6676. I’m on eastern time. Or shoot me an email: john@betterceo.com.
Let me know what questions you have and we’ll see if it makes sense for us to work together.
