You start a side hustle. Maybe you sell planners or lead workouts in the park.
You make a few thousand dollars during your first year. It’s fun beer money, but not enough to quit your day job.
But you keep growing. You run this as a one-person operation, though you bring on freelancers or independent contractors.
Your revenue grows into the five figures. Then six figures. After a few years, you’re running a one-person, million dollar company.
This sounds like a pipe dream, right?
But it’s the true story of Laszlo Nadler, who created a line of planners and calendars. It’s the true story of Stacy Berman, who started leading 5:30 AM fitness bootcamp classes in the park.
And it’s the true story of hundreds of other solopreneurs interviewed by business journalist Elaine Pofeldt, who took a deep-dive look at the lives and businesses of entrepreneurs who run companies that gross more than $1 million, but have no employees.
In today’s episode, we take an inside look at the secrets behind one-person, million-dollar businesses.
If you’ve ever considered starting a side hustle or business of your own, don’t miss this.
This episode originally aired in March 2019.