This article explores four themes and a total of 18 tips: A) Tips For Some of The Best Tools For Solopreneurs, B) Tips For Using Social Media, C) Tips To Grow Your Solopreneur Business Quickly, D) Tips to Turn Your Side Hustle Into A Solopreneur Business.
A. Tips For Some of The Best Tools For Solopreneurs
When you begin your new adventure as a solopreneur, you may notice there are a ton of different tools out there that promise to be the very best. It is important to sift through all the noise and find which ones will actually help you become successful, no matter what industry you are in. some of the best tools for a solopreneur to use include:
If you need to send and receive a lot of documents for your new business adventure, then PDF Expert is a good tool. This will allow you to receive and send out PDFs while making it easy to quickly edit inside of that document. This saves a lot of hassle and will ensure that the other party receiving the PDF can still get it without formatting issues.
Keeping track of all the passwords that you need to manage through the day can be a challenge. You should not use the same one for each account that you get into. But if they are all different, how are you supposed to remember them? Use password manager, you can keep all of the passwords in one place. It will safeguard all of your information and can even generate secure passwords. You can even use it over more than one device so you won’t have to worry about it later on. Both Google Chrome and Microsoft Outlook have automatic password protection tools. There are also Apps you can use such as Password Padlock.
A Task Manager
This is one of the best tools that you can use to stay organized while getting work done. There is a ton of work that needs to be accomplished when you are a solopreneur. And staying organized and on top of it may seem almost impossible. Instead of trying to keep it all memorized in your head, you can use this task manager to help out.
A particular option that many use is Microsoft Outlook which is a great organizational tool that can make you more productive. You can attach documents to a task, create recurring tasks, and so much more while keeping it all in one place. You can also link One Note, Teams, Zoom, Skype and emails. If you are worried about how to stay organized as a solopreneur, then this is a cool tool to choose. The best resource for Microsoft Outlook is Priority Management’s Working Sm@rt Suite. You can find a Priority Management Office near you here.
An autoresponder is a service which allows you to automatically send out emails to several if not hundreds of people, or to several groups of people at the same time or in a sequence.
Autoresponders are like having your own personal assistant. It gives you a way to automatically keep in touch with your customers at one time, keep your email list current, gives people a way to unsubscribe to your list; adds people to your email list; ensures you follow CAN-SPAM Act guidelines with double opt-ins. Essentially an autoresponder will help you be more productive, run your business more smoothly and give you extra time to work on more important activities such as developing a product or program.
You will be able to automatically send out emails in a sequence, for example an 8 part training course you want to send out one module at a time. You can set it up so that modules go at the appropriate time and date. You can set up ways to capture potential customer names and email addresses for instance by offering a free eBook, Mindmap or Resource file.
However, you must have permission from subscribers before you sign them in, or they give their emails through a promotion that is linked to your subscription list; once you prepare an email the sending process is automatic. And when you get the hang of using an autoresponder you will find it is an easy way to communicate to people on your list
To get started you will first have to sign up to an autoresponder service. I use www.Getresponse.com and www.Mailchimp.com (free but limited for the up to 1000 on your list). Another Autoresponder my colleagues use is www.Aweber.com
As a solopreneur, it is important to have the right tools available and ready to go from the beginning. With the tools above, you will be well on your way to running your business and seeing the success that you desire as a solopreneur!
An excellent tool for creating eBooks is Scribble. I have used Scribble to develop eBooks for sale and promotion. Not only does Scribble create eBooks, you also have the opportunity to integrate a book store, audio books, flip books, blogs and much more. Scribble is one of my go to programs. You can find it here.
The best program that I used to help me understand and create products is Trevor Carr's Breakthrough program. It is packed with training, a helpful support group and solid helpful hints. If you have never prepared or packaged products before Breakthrough is a must. You can find it here.
B. Tips For Using Social Media
Social media will become one of your biggest assets when growing a business. But you need to know how to use it properly. Many solopreneurs have big ideas of growing on social media, but they find that things do not go as planned and then they are stuck with a lot of work and no response. The three best tips that you can use to help grow your solopreneur business through social media includes:
Do Not Post Too Often
Finding the balance in terms of how often to post is important. You do not want to ignore your page for days at a time and then post a bunch and then abandon it. But you also do not want to post fifty times in a day because this will annoy potential customers and they will stop even looking. With some good analytics, you will find the perfect mixture of when to post and how often during the day. It is fine to experiment a bit to find the right amount for your business.
Pick Relevant Material
When you make a post on social media, it is important to pick material that is relevant or that your followers will find useful. The right content will make all the difference, though it does depend on the type of industry you are in and the products you sell for what will be considered relevant content. Think about what you would enjoy seeing on a social media page for a company and work from there.
Interact with the Customers
It is important to spend some time interacting with others on your social media page. You do not want to just put something up and then ignore the page until the next day. Your customers may ask you questions or comment under a post and a little interaction can help make it feel more personal.
To make this work, you do not need to be online all day waiting for a comment to respond back to. Pick an hour or so a day that you can do this and give your best answer. It does not need to be perfect. But your customers will appreciate that you are giving some effort.
Social media can be a great tool for a solopreneur to help them reach their potential customers and start to grow. And when you use the three tips above, you will find that it is easier than ever to make social media work for you.
C. Tips To Grow Your Solopreneur Business Quickly
As a solopreneur, you are likely looking for a lot of different ways to grow your business quickly. You want to get your name out there and turn this from a side business into a full time one. Or maybe you quit your regular job to do this and now you want to get the ball rolling. The good news is that, even as a solopreneur, it is possible to quickly grow your business by using the following tips:
Build Your Network
Anyone who is looking to grow their business and see results will know the importance of building up a network. You need a good network, including potential clients, industry leaders, and more to help you. Do not avoid adding someone to your network just because they are not a potential customer or because their industry does not seem to relate to yours. They can still provide you with a wealth of knowledge about getting started. And many times they will send over potential clients if they think you will be a good fit. It is beneficial to you and others in your network to form these connections.
Share Your Knowledge
As a solopreneur, you already have a wealth of knowledge available. The thing that will really position you for growth though is what you do with all of that knowledge. You can share a lot of your knowledge with your clients or find another unique way that you will stand out from the crowd in order to position yourself as the expert in the field and get ahead.
Learn Something New
Sometimes learning a new trick or a new program will make all the difference. As a solopreneur, you do not want to stretch yourself too thin by offering too many things to your clients. But by learning a new program or another important aspect of your industry, you may position yourself better to really help your clients out in a way that the competition can’t. Think about what will be the most beneficial in your industry and focus on learning that.
A solopreneur is in a unique position to offer niche services and really reach their clients in a different way than a business or an entrepreneur can. When they take the time to grow their networks, share what they know, and even learn something new, they can quickly grow this small business into something that makes a good income for them.
Join A Business Group
Most communities have associations and organizations that cater just to businesses. These could be like the Chamber of Commerce, a faith based group, or a private group. Find a business group that fits with your business direction, where members are non-competitors, and is local. A local business group gives you the advantage of developing social relationships with like minded businesspeople and resources for immediate help.
Also don't forget to join like-minded solopreneurs on social media. For instance join a Facebook business group, or find a mentor that will help you grow in your niche.
D. Tips to Turn Your Side Hustle Into Your Business
If you have worked on a side hustle that is doing well, you may decide that it is time to start your own solopreneur business. this is a fun step to take, but to make the transition, you need to be prepared and organized. Some of the tips that you can use to turn a side hustle into your own solopreneur business includes:
Find a Business Name
Set up the business entity the way that works best for you. Many solopreneurs work as a lone proprietor, though an LLC can help to protect you in case of a lawsuit. You need to figure this out to help when tax time comes. Open up a business bank account so you can keep your business finances separate from your personal ones.
If you are going to establish a website or any other web service, you will need to have Domain name. A domain register services is a company that handles the reservation of a domain name as well as an assignment of an IP address for that name.
Domain names are alphanumeric aliases to access websites – for example the Fontanie Magazine domain name is Fontaniemanagazine.com and it’s IP address is 18.104.22.168. It is easy to register a Domain name. However you don’t own the Domain name. You are just leasing it to use. As long as you continue to pay the registration fee you can keep using it. The Domain Name Registration Firm I use is www.Godaddy.ca
Freelancers work for themselves and who contract their services out. They could be a writer, photographer, or an expert in any field. A variety of companies, organizations and government agencies hire freelancers.
The jobs vary from short term to long term or part-time and full-time projects. It is projected that there will be in the neighborhood of 86 million freelancers by 2028. As a self-employed individual the freelancer is responsible for all administration such as billing clients, setting work hours, time tracking, paying their own taxes. Since don’t use Freelance Platforms but Freelancers often use www.Fiverr.com , www.Upwork.com www.Elance.com
Simply put a payment processor relays information from your customer’s credit or debt card to your bank or vise versa.
One of the roles of the payment processor is to make sure there is enough money in the customer’s account to cover the cost of the purchase. If there is, the transaction goes through. Every time you use your credit card and pay a bill the payment processor goes to work. In the internet marketing world payment processors often include such firms as www.PayPal.com www.Square.com www.Stripe.com and www.ClickBank.com . Btw I use all four.
Web hosting Service
In a nutshell a web hosting service is an on-line service that enables you to publish your website or web application on the internet.
Web hosting now meets the different needs of websites and customers. They could include ‘Shared web hosting’ Dedicated hosting, VPS Hosting, Cloud Hosting, Reseller Hosting. The different types of webhosting relate to the kind of technology used for the server, the level of management provided and the services offered. Many Web Hosting Services will also register your Domain for your Website. I host Fontanie Magazine on www.Weebly.com for an annual fee. I have also used a free Google web hosting service at www.Sites.Google.com. Other paid hosting services I recommend are www.HostGator.com and www.Bluehost.com.
Research the Market
You may need to research the market a bit more to find your niche. Doing something as a side hustle is a little different than making enough to earn a full income. Since you have had a chance to dive into the market already, this can put you in a unique position to know what niche would be the most profitable and you can jump right in there. Do some research and decide where your market is.
Create Your Network
In the beginning, you may need to rely on word of mouth quite a bit to get things going. Having a strong network in the community can help with this. Rely on your friends, those you meet at church, and others you encounter at the park, at networking events and more, to help turn the business into a success. Your network will be important as time goes on so consider who would be an asset and think of ways you can help them out too.
Think About Marketing
As a solopreneur, you will not have a large budget to use as a marketing tool to help. This does not mean you are completely out of hope when it comes to showing off what you have. You may need to be more creative though. A good social media presence is important so think that through ahead of time. Consider word of mouth and other options as well.
You may have started out as a side hustle to make a little bit of money. But these side hustles can quickly turn into a successful solopreneur business when done well. Follow the easy steps above and you will soon have your own solopreneur business up and running.
I have tried to provide you with a number of tools you can use to make your life easier as a solopreneur. This top eighteen list is a beginning for you. Master them and you will become a master solopreneur. In the event that you want more information and education on becoming and strengthening your skills as a solopreneur just press the button below and receive a free e-Book Home Office Stress (as found in the Storefront)
Thanks for reading, and as always keep safe, stay healthy and become the best version of yourself.
Ready to leave the 9 to 5 job and start working for yourself? Have the drive and motivation to do some really big things in life, and ready to see how it can go for you? Then becoming a solopreneur may be right up your alley. This article explores the determinants of a solopreneur, the difference between a solopreneur and an entrepreneur, why you may want to become a solopreneur, the benefits of becoming a solopreneur, the secrets of successful solopreneurs, and some ideas for you to test out.
A. What is a Solopreneur
A solopreneur is simply anyone who sets up and runs a business on their own. Freelancers are often seen as solopreneurs as are those who start any other type of business without the help of someone else. You may have a few people who work for you, but you take on all the risks of running the business yourself, without a partner or outside help in that way.
How is a Solopreneur Different from an Entrepreneur?
These are very similar types of individuals. All solopreneurs are considered entrepreneurs, though it does not go the other way around. A solopreneur is going to do it all, while an entrepreneur is more likely to manage others and delegate.
An entrepreneur may start a business, but they have a whole team that helps to get the work done with them, including marketing, accounting, and more. Solopreneurs are often on their own. They will handle all the little parts of their business. They may perhaps have an accountant to help out during tax time, but this person would not be an employee of the business.
The Life of a Solopreneur
Most solopreneurs are not looking to build up a whole empire. They want to work for themselves and they would like to make a good paycheck, but they want their business to still be manageable enough that they can make the majority of the decisions on their own. This does limit how much the solopreneur is able to take on.
For example, the solopreneur only has so many hours in the day. This forces them to pick the right tools so they can be as efficient as possible. The solopreneur does not need to worry about employees and payroll and benefits either though, which can take out some of the stress of their day to day lives.
When you are looking for a way to start your own business, but you want it to be manageable and personal, rather than a big empire that needs a ton of work and people to keep it going, then becoming a solopreneur may be the right choice for you.
B. The Difference Between A Solopreneur and an Entrepreneur.
Solopreneur is not a term that is brand new, but it is one that is seen more often in recent years than before. Many solopreneurs are passionate about their work and what they can provide to the world and their customers but figuring out the difference between a solopreneur and an entrepreneur can be challenging. Some common differences between these two includes:
Solopreneurs are Founders and Employees
Someone who is considered a solopreneur is able to manage all aspects of their business, without delegating tasks out to others. They create the business and are the main person responsible for delivering and producing the products. They may occasionally hire a freelancer to get some work done, but most is done on their own. On the other hand, an entrepreneur will hire a team and manage that team to get work done.
Solopreneurs Have One Business Focus
Most solopreneurs are excellent at niche offerings to their customers. This helps them to find their own space in the industry that they choose, while also ensuring that they do not take on too much at once. An entrepreneur will often focus on many things and diversify themselves to make their company bigger. If you are looking to start a social media company, a solopreneur may have a few packaged services to offer, while an entrepreneur would offer a lot of individualized options for the customer.
Solopreneurs Do Not Build Businesses to Scale
Entrepreneurs often dream of making their companies large. So they design them in a way that it is easy to keep it growing and getting bigger without more work later. For solopreneurs, their goal is to make the business profitable and keep it there just for themselves, without scaling the business.
Financial management is Different
As an entrepreneur grows their business, there will have more financial responsibilities. They have to handle payroll, taxes, benefits, and profits along with other financial goals. For those who are solopreneurs, there are fewer things to consider financially. They can go with something as easy to manage as a sole proprietorship, which allows them to handle all of the profits and everything else that comes with the financial decisions of the business.
There are a lot of benefits to being both an entrepreneur and a solopreneur. Understanding how each of these works and deciding what kind of business you want to run can make the decision easier.
C. Why You May Want To Become a Solopreneur
The idea of becoming a solopreneur has mushroomed of late. There are many people who are enticed by the freedom and the flexibility that comes with starting a business that they run and manage each day. They can get all of the benefits of being their own boss without having to hire others and worry about payroll and other headaches. Some of the top reasons why you should become a solopreneur today include:
The Ability To Control Your Schedule
One of the best things about being a solopreneur is that you get to control your own schedule. There is no boss to report to each day so the hours you work do not matter. You need to stick with the deadlines that you agree upon with your clients, but you will know about those upfront and can negotiate them. If you need an afternoon off for an appointment or want to take a vacation, or even if you know you work better late at night, you can make those decisions and tailor your schedule to fit that.
You Choose Your Income
Many employees find that they are limited on how much they can earn. The human resources at the company may put a cap on it or they are not able to get a raise because of budget concerns and other issues. When you become a solopreneur, you get to choose how much you are worth. If you want a raise, you can take on more clients or change your rates. And you do not need to ask anyone for permission to do that.
Choose Who You Work With
How many times at work have you been stuck with a client or boss who does not share your vision or who seems to belittle you all the time. This can be a challenge but you keep taking it because you want that paycheck. When you become a solopreneur, you no longer have to feel stuck. You can choose which clients to work with. And you no longer have annoying or bad employees or a boss to report to at the end of the day.
There are many reasons why becoming a solopreneur is such a great option for so many people. You need to be motivated and organized to get it done, but for those who are ready to take control over their own lives, becoming a solopreneur is one of the best options out there.
D. Benefits of Becoming a Solopreneur
A solopreneur is an individual who decides to start and run their own business. they can often do this from home without having to hire a lot of employees or worry about the added expenses. There are a lot of benefits to becoming a solopreneur, even compared to working as an entrepreneur. Some of these benefits include:
You Are In Control
A solopreneur gets to be in control over the business. They can set their prices, they can set their hours, and they can choose the type of work that they want to do. This is control that most employees do not get to enjoy when they are at a regular job. This freedom is what entices a lot of people to look at becoming a solopreneur to gain more freedom over their money and their lives.
You Get to Make the Decisions
One of the best things about being a solopreneur is that you are the only one in charge of that business. This means you get to make all of the big decisions. If you are bad at making decisions, then this kind of business arrangement may not be the best one for you. But for those who do not want to answer to someone else, being a solopreneur may be a great option.
You Get to Keep the Profits
Solopreneurs often do not have the same costs as other businesses. They can do the work from their home so they will not have to pay for office rent. And without employees by their side to do the work, there are no salaries and benefits to pay and no payroll taxes either. This means more of the profits go to your pockets.
You Can Outsource
While most of the work in a solopreneur business is done by the individual, if there are a few things that come up that you aren’t knowledgeable about or that you do not have time for because life gets in the way, it is possible to outsource. Freelancers are great for helping with some projects or hire an accountant to help during tax season.
These are just some of the benefits that you can enjoy when it comes to being a solopreneur. With the right mindset and a great idea and time management on your side, you can become your own boss and enjoy all the benefits of a solopreneur.
E. Secrets Of Successful Solopreneurs
The idea of becoming a solopreneur has grown in leaps and bounds. Many people enjoy the idea of working for themselves while running a business that is manageable that they can set the hours and do the work on their own. If you are looking to become a solopreneur, take a look at these top secrets to see success!
There are a lot of business owners who want to aim big and make their business as large as possible. This may seem like a great idea, but then you are an entrepreneur instead. If you like the idea of being a solopreneur and just want to make enough to support yourself without the hassle of a big business, then your goal is to aim small and let the rest take care of itself. This can take a lot of pressure off and makes running your business easier.
Do Less Selling
Many solopreneurs feel like they need to do more selling to get anyone to take a look at them. They want to be heard above the crowd and get all of the sales possible. While it is noble to be so motivated to a goal, that is not how this is going to work. Overselling is going to annoy the customer and they may put you on mute in places like social media. Be more personable, meet the needs of potential customers, and find new ways to show your product, without the selling, and see how much that will make a difference.
Find Your Passion
If you are not passionate about your business, then you are going to get really tired of it quickly. Solopreneurs often are in charge of every aspect of the business. you will spend a lot of time around the product or service that you plan to offer as the business idea and it will be hard to stick with it some days when you are tired or frustrated. The good news is, if it is your passion, you will have a lot more good days than bad, and you can continue to turn this into a good profit. While you are at it, make sure to have a good accounting software or accountant by your side to help you continue making profits.
Plan For Your Passion To Unfold
It’s fine to have a passion, but you need to move to action to make your passion come alive. The best way to do this is to spend time planning out where you want to go and how you want to get there. The first is all about making sure you have a marketable vision and the second is to develop ways to achieve that vision. Without a plan your vision will remain a dream and your work will not bear the fruit you want. In fact, in most situations it will frustrate you because you find you are not achieving what you have set out to accomplish.
F. Low Cost Solopreneur Ideas
The first step to becoming a solopreneur is to figure out the idea of your business. There are many great business ideas to choose from, but you need to find the one that goes the best with your passion. Add in an idea that does not cost a lot to startup, and you are ready to go. Some of the best ideas you can use as a solopreneur include:
There are so many great options for writing and all you need to get started is a good computer and some writing software like Word. You can be a blog writer, eBook writer, or freelance copywriter to help out business. even some advertising jobs need writers to help get the work done. You can choose your niche and the type of writing you would like to do and then get to work.
Social Media Manager
Many companies are looking for people who can handle their social media accounts for them. From adding more customers to the site to handling posts, interactions and more, there is always a need for those who know how to work with social media accounts, especially for big companies. You can choose a niche to work with or offer different packages and it will not cost much to start.
For those who are a little more creative and into designing, a web designer could be a good choice. There are many individuals and businesses who are looking for someone to create a professional looking website for them. With a good computer, a little knowledge, and a few templates already designed (you may want to design your own website ahead of time too), you can get going with this new career choice.
Do What You Are Good At
If you have some experience with taxes for instance, then becoming a tax professional may be a good idea. You will need a good computer to store the information on and probably a few tax software options to help you diversify for different clients. This can still all be done for relatively cheap based on which options you choose.
No matter what experience you have under your belt you can use that experience to help others. The real trick is to find a problem that needs to be solved, check your own ability to solve it and then develop the ways and means to set yourself up as the expert in solving that particular problem.
There are so many great ideas out there for becoming a solopreneur and it is possible to do this without spending a lot of money out of pocket. With the right idea and a little hard work, you are certain to get this new business off the ground and running in no time.
If you are ready to become a solopreneur then start the process to make it happen. If you need advice, support or need to sharpen your skill areas before jumping it, there are people who will help you. My experience tells me that most people make it as solopreneurs when they have support along the way. This means that you may need to invest some money so that you can make money in the long run. This is all about making sure you have the right mind set to set yourself up as a successful solopreneur. If you are want some help in this area consider The Bizwoli System.
Thank you for reading,
As always, stay safe, keep well and continue becoming the best version of yourself.