How to Stay Sane and be Successful as a Solopreneur
If you are a solopreneur, you wear many hats. You may hire some freelancers to do some work for you, but you still do much of the work yourself. Wearing those many hats all day every day may be exciting but also exhausting. How can you do it all while staying sane and productive, and how can you be successful wearing the many hats of a solopreneur?
In this blog, I first explain the subtle difference between a solopreneur and an entrepreneur. Then, I will specify the solopreneur’s most valuable asset. Subsequently, it is time to discuss productivity. Once you understand all those things, it is time to raise the bar and become successful as a solopreneur.
4 differences between solopreneurs and entrepreneurs
As John Rampton says, the differences between solopreneurs and entrepreneurs can be subtle, especially since some entrepreneurs work alone until they can build their businesses enough to make a team. However, there are distinct differences between those who choose solopreneurship over entrepreneurship without plans to change and those who choose entrepreneurship.
1. Solopreneurs do not wait for a buyout
An entrepreneur works hard to build one’s business but one is not quite as attached to the concept as a solopreneur. Many, but not all, entrepreneurs build their businesses with at least a small hope that a much larger company comes along and offers millions for it once it grows. At that point, one could easily move on to the next great venture.
Of course, many entrepreneurs have turned down buyout offers to continue pursuing a passion, so this is not a defining difference. However, a large divide between the two may come when an entrepreneur can run a variety of businesses over the course of one’s career, while a solopreneur tends to work at one thing consistently.
2. Entrepreneurs put a face to a company
While a solopreneur tends to spend hours working hard to build one’s business, an entrepreneur frequently prefers to be out making connections and getting the word out about one’s business. An entrepreneur may be perfectly happy doing that and that alone, leaving one’s team behind to do the work.
Solopreneurs can be great networkers as well. One major difference is that an entrepreneur may be more comfortable spending all day at a variety of networking opportunities and client meetings, while a solopreneur is content simply doing the work.
3. Entrepreneurs are managers
When someone is an entrepreneur at heart, even as a solopreneur, one is waiting for the day when one can build a team. One may even begin working with freelance workers and virtual assistants to delegate the work. One is comfortable leading a team of people toward a defined goal.
Solopreneurs, on the other hand, are usually in no rush to hire an employee to manage. Even if the day comes when they must outsource work or bring in a team member, a solopreneur may find oneself pitching in and doing the vast majority of the work oneself. One may even have a hard time letting go of tasks since Go to the full article.