Solopreneurship is the destination, not a starting point
Solopreneurship is not just a route to creating a bigger company. It can be the final structure of your business.
You may or may not know that I'm working on creating a course, a path, a guide to starting a solo Internet business and being successful with it, based on my 15+ years of experience living and breathing this topic.
By the way, "Batch zero" is already sold out and will launch in June with a small number of people. Then I'll have a big launch in October, don't worry, and you'll be the first to know when signups open!
One of the people enrolled in batch zero sent me this reflection via email:
"I suppose solopreneurship could just be a route to creating a company at large"
This made me think.
My idea on this is that it can surely be a gateway to creating a bigger company, sure, but also... it doesn't have to.
It's definitely not what I want with my solopreneur Internet business.
There is nothing that prevents us from keeping a solopreneur business... a solopreneur business.
If you're starting from zero, imagine you have this kind of solo tiny Internet business:
you have no boss
you have no employees
you don't have to respond to anyone
you have freedom
you can manage your time
you have control
your business is very profitable and semi-automated
you can work from anywhere
you have little stress
Now tell me why you'd want to:
hire people
transition to being a manager
transition to solving organizational issues
dealing with a bad hire
dealing with delegation issues
dealing with communication issues
micromanaging
have people problems
dealing with employee’s equipment
worry about security and trust
having to worry about company-wide password management
wake up with crises you didn't create but have to solve
complicating your company structure and financials
having to organize team retreats and worrying about keeping the team morale high
worrying if your employees are productive or spending their time on social media
worrying about correctly handling all the labor laws and taxes and insurance and benefits and bonuses.
worrying about your company culture
worrying about having a "mission" and "core values"
...and a million other things I do not know about
I'm smiling right now and I feel such a piece of mind because I will never have to deal with these things ever in my life.
Because my solo tiny Internet business is my goal, my north star, my destination. I'm already there. I just need to keep it alive. And grow it on my terms.
We might have very different goals if you want to scale a company to multiple people.
But if you're like me, and work is just a way to enable a life of freedom and experiences other than work for the sake of work, solopreneurship is not just a route to creating a bigger company, it can be the final structure of your business.
This concept resonates with me as well. Another thing is that people aspire to raise thousands of capital dollars just to enter the "real business" phase, which is unnecessary if you can make it profitable for a team of one.
Thank you for the post!
Thanks for the post!
Question. What if your microproduct really takes off and without you intending it you have millions of customers? Where im going with this is would it be better to sell the business then to avoid it becoming a big corporation that you need to be a part of?