Do You Have What it Takes to be a Solopreneur?

solopreneur

Some people like the security of having a job.

It’s an illusion, but it’s what a lot of people feel comfortable with.

The truth is that an employer can let you go at any time – for many different reasons.

Your employer may be having a bad year, or they may decide to scale down, or change direction.

So there is no security in being employed.

Plus there are always limits to what you can earn, and getting a raise is always someone else’s decision.

So why do so many people like having a J-O-B

They like the morning and evening commutes, the community of other employees, having a boss tell them what to do and so on.

That’s not what being a solopreneur is all about.

First off, to be a successful solopreneur you must like making decisions.

You’ll have to make ALL the decisions pertaining to your business and live with the consequences – good or bad, right or wrong.

You also need to be self motivated and a self starter.

You don’t have a boss telling you what to do – although you’ll probably have clients telling you what they want.

It’s up to you to go find the clients, figure out what they want, and deliver it to them in a timely manner.

Your “Just-Over-Broke” will pay a fixed amount.

When you’re a solopreneur, what you make will be based on how successful your marketing efforts are – as well as the effort you put in and the time you spend doing the work.

You must be willing to invest in yourself, to put in the unpaid hours to create products and services and bring in the clients.

You have to be mentally strong enough to deal with the knock-backs a solopreneur lifestyle will throw at you every once in a while.

When your order book is as empty as your bank account but you’ve still got bills to pay, are you able to deal with the pressure?

Finally, are you happy with your own company?

As a solopreneur, you’ll likely be working from home – probably by yourself.

There’s no hanging out at the water-cooler shooting the breeze with coworkers.

If any of this stuff scares you, then perhaps becoming a solopreneur isn’t for you.

If you read the above and it hasn’t put you off, then you’ve probably got what it takes to be a solopreneur.

Link Management Group is for you.

We have been welcoming and supporting budding solopreneurs like you since the late 90s.

All our members are just like you.

They were once all where you are now.

We are a community.

Welcome home.

Written by 

Co-Founder & CEO of Link Management Group. An Investor & Coach to Small Business Owners, for the past 30 years I have helped startup and early-stage businesses to enter new markets and achieve sustainable growth of both revenue and profits. I have experience across a diverse range of sectors including central government, information services, software, health insurance, pet products, couture fashion, entertainment and aviation.  How can I help your organisation accelerate growth and achieve its full potential? 

Leave a Reply

Your email address will not be published. Required fields are marked *

*