5 Greatest Things About Being A Solopreneur

It’s the dawn of an exciting new age, an age of determined entrepreneurs and solopreneurs who have the ability to take their professional lives into their own hands. As an aspiring leader and solopreneur, you have the ability to launch a small business that can cater to a global client pool, and soar to the top of its industry. It’s no longer a dream, but a distinct reality. 

That said, you will need to have a comprehensive checklist on hand in order to avoid some common pitfalls, but other than that, your hard work and dedication should get you there. If you’re not yet convinced that the time has come to leave your 9-5 job and assume the mantle of a solopreneur, here are the most compelling reasons why you should. 

The Obvious “Boss” Factor 

There is nothing quite like the feeling of being your own boss, of pulling all the strings in your company and dictating its future. No longer are you forced to execute half-baked strategies devised by inadequate managers and leaders, from now on you are the captain of the ship. This is your golden opportunity to lead a business the way you see fit. 

But it’s not just about eliminating the need to suck up to the higher ups to get the best projects or having to follow a linear corporate path, it’s also having the power and the ability to control your personal life as well. If you want a day off, you can take one. The solopreneur career is inextricably intertwined with your personal life, and that is a pretty awesome perk to have. 

The World Is Your Office 

solopreneur work anywhere digital nomad working from home entrepreneur laptop wifi warrior

Another compelling benefit of solopreneurship is that you are no longer confined to a single work environment. No matter if you work in a Google-type office with slides and bouncy castles, the dread of returning to the same old office every single day can weigh heavy on your heart and soul. After a few years, the office will undoubtedly become difficult to watch, let alone work in. 

Yet, as the leader of a successful solo business venture, you can choose to work wherever (and whenever) you like. Sure, you will have to answer all client emails in a timely manner, and you might need to stay up late at night to catch a Skype meeting in a different time zone, but other than that you can choose when and where you do your job. This is why solopreneurship is one of the best ways to lead a thriving career while traveling the world – a luxury few people have, so make the most of it. 

Choose The Ideal Business Plan For You 

One of the most important steps towards launching a successful business as a solopreneur right off the bat is to choose your ideal business model. This is also one of the greatest benefits of the solopreneur vocation in general, as you’re in control every step of the way, and can choose the business model you know will bring you results in the long run. With that in mind, you can choose to launch a startup, or you can choose to become a part of a franchise. 

The benefits of startups notwithstanding, franchises have become particularly popular with entrepreneurs and solopreneurs in recent years, as they mitigate a lot of the risk of starting a business while offering structure and support for long-term growth. Look for highly-lucrative industries with a low point of entry such as a cleaning service franchise and similar niches where the competition is not high and the client pool is vast. You might find that becoming a solopreneur in a franchise makes more financial sense for you, so don’t think that you absolutely have to launch a company from the ground up. 

Dictate Your Own Schedule And Workload 

solopreneurs dictate own schedule entrepreneur

We touched a bit on the subject of dictating where and when you work, now let’s combine that with the inherent ability of solopreneurs to optimize their workload. This is important because it directly ties into your long-term goals and aspirations. As a solopreneur, you have the ability to choose how fast you progress in relation to how much time and effort you want to put into growing your business. 

You’re no longer restricted by another corporate structure, nor is your professional growth in the hands of the higher-ups. You get to choose how much you want to work and how to allocate your budget, which means that you can choose to grow as a company at a faster or slower rate. 

Building True Financial Independence 

And finally, all of this ties well into the fact that solopreneurship is your ticket to true long-term financial independence. As an employee, you are building the fortune and success of someone else, you are making their vision and dreams come true. This is not a very good way for you to realize your own financial and professional goals. As a solopreneur, though, the money you earn through hard work is yours to enjoy and allocate the way you see fit, allowing you to become financially independent and achieve grander things in life. 

In Closing 

It’s an entrepreneurial world out there, but that doesn’t mean that you need to launch a company that employs teams of people if your dream is to run a business on your own. Technology has made it possible for anyone with a computer and a dream to break the shackles of traditional employment, and actually become as successful as the companies they worked for. In fact, you might just surpass them altogether.

I hope you enjoyed this blog post about the top reasons why you should be a solopreneur and go into business for yourself.

Interested in more articles about flying solo as a solopreneur?

Read Related Resources:

How To Fly Solo And Run A Business Yourself

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