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solopreneur

46 posts
solopreneur
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8 Tips for the Work From Home Solopreneur

You’ve plunged into starting a solo business venture from home. Being a solopreneur is a fantastic experience for motivated individuals, but it can easily become stagnant if you aren’t careful. When everything starts piling up, you can lose sight of what drew you to your passion project in the first place, and your tools of...
traits of an entrepreneur
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10 Common Traits of an Entrepreneur

Many people dream of being an entrepreneur. They envision their business as majorly successful; allowing them to make enormous wealth, be the boss, have the freedom to come and go as they please and work how and when they want. If only this were the reality, everyone would be an entrepreneur! Unfortunately, this is not the...
side hustle
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How to Channel Your Skills and Find Your Best Side Hustle

Are you ready to test the waters of entrepreneurship? Start with a side hustle. Having a side hustle gives you security, reassurance, diversity of income, and most importantly, it gives you the possibility for something more than just the mindless 9 to 5. Since a side hustle is really a business at it’s core, I’m going...
tax records
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The Benefits of Keeping Tax Records All Year Round

Although we think of tax season as that period between January 1 and mid-April, it’s an ongoing event. If you shift your perspective when it comes to tax records, you may find that not only is Tax Day less stressful, but so too are estimated tax deadlines throughout the year. Furthermore, you’ll have a better sense...
paycheck
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The Power of Being an Entrepreneur Without a Paycheck

If you have small or nonexistent income, you are probably a new entrepreneur still in shock over the loss of your paycheck, or your business has launched but is in lean times. Or, perhaps you’ve established your idea but need to tighten up to grow. You are not alone, as most entrepreneurs have been here. Independent...
solopreneur
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Tips to Turn Your Solopreneur Venture Into a Real Money Maker

You’ve got an idea that will make you millions, right? Or, maybe you just want to make a little extra money on the side doing something you enjoy. Whatever your solopreneur goal is, I’ve got good news and bad news. The good news is that anyone can make it these days with hard work and...
freelancers
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What Do Freelancers Need to Know About Incorporating?

In 2018, a survey from Upwork in partnership with the Freelancers Union revealed the state of freelancing in the United States. Given the continual rise of freelance work, it wasn’t completely shocking to see that the future of freelance is increasingly on the up and up. Last year, 56.7 million Americans were freelance workers, a...
solopreneurs
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A Transformative Way Solopreneurs Can Build a Thriving Business

I have good news and bad news, solopreneurs. First, the bad news: Ninety percent of a buyer’s journey may be complete before they ever contact you. The good news? You can position yourself as a go-to expert with an online networking tool like LinkedIn and a step-by-step method. Then you become the obvious choice when buyers are ready to...
workers' compensation
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Do I Need Workers’ Compensation Insurance If I’m Self-Employed?

Workers' compensation insurance: the three words that give many employers a sudden anxiety attack. There are plenty of things to worry about beyond just the costly nature of this mandatory insurance coverage, including compliance, audits, independent contractors, claims management, safety committees, and the list goes on. The question arises, what about those business owners who chose...
solopreneur
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Here’s Your Roadmap to Success as a Solopreneur

Oftentimes, the stereotype of the solopreneur is like that of the starving artist. You’re eking out a living, existing on ramen and chips. Sounds familiar, right? You’re interested in making an impact now—otherwise, you wouldn’t be reading this. Take advantage of your unique position as a solopreneur, use the right tools, network and leverage your entrepreneurial...
incorporating
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What is the Best Type of Business Entity for Your Home Based Business?

Solopreneurs of the world, unite! This year, FlexJobs released “The State of the Remote Job Marketplace” report that outlined what the current remote work industry and its workers looks like. Nearly four million workers, 3.9 million to be exact, in the United States spend half of their time working from home, totaling 2.9 percent of...
financing
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Entrepreneurs vs. Solopreneurs: What Are Your Financing Options?

Working Americans choose to start a business for any number of reasons. There’s increased flexibility and independence, as well as more ambitious goals, like fulfilling a lifelong vision or dream. According to the U.S. Small Business Administration, nearly 30 million Americans are small business owners as of 2017. And although those millions of Americans are...
side hustle
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Common Challenges to Starting (and Maintaining) a Side Hustle

Every once in a while, you might find yourself dreaming of working for yourself, either as a full-fledged entrepreneur, or by testing the waters with a side hustle. Plenty of people have second jobs, or “gigs” to generate passive or active income. In October 2016, a McKinsey survey found 20 percent to 30 percent (162...
Side hustle
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10 Steps to Start a Side Hustle (While Working a Full-Time Job)

Never in history have we seen such rapid growth in the number of entrepreneurs who’ve begun working for themselves. From app developers, to freelance writers, business consultants, creative producers and startup founders, there’s no shortage of people willing to take calculated risks in the name of creating their own self-employed careers. And why not? Every...
freelancer
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8 Things I Learned in My First Year as a Freelancer

Last year I had to unexpectedly kickstart my career as a freelance website designer. I took like a duck to water with some things, while others took a lot more figuring out, as I’d previously been working in an entirely different industry. As it’s my one-year birthday as a freelancer, I thought I’d share these top...