The indispensable guide to earning a six-figure take-home income on your own terms, from Forbes.com contributing writer Elaine Pofeldt.
The rise of one-million-dollar, one-person businesses in the past five years is the biggest trend in employment today, offering the widest range of people the most ways to earn a living while having the lifestyles they want. In The Million-Dollar, One-Person Business, Elaine Pofeldt outlines the pathways to joining this entrepreneurial movement, synthesizing advice from hundreds of business owners who've done it. She explains how to identify, launch, grow, and reinvent the business, showing how a single individual can generate $1 million in revenuesomething only larger small companies have done in the past. Both inspirational and practical, this book will appeal to all who seek a great worklife and a great lifestyle.
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About the Author
ELAINE POFELDT writes about one-million-dollar, one-person businesses for Forbes.com. Formerly, she was a senior editor at Fortune Small Business magazine. Elaine's work has been published in Money, Fortune, Inc., Good Housekeeping, Dr. Oz, and Marie Claire; on Medium and CNBC.com; and by the Economist Intelligence Unit. She earned her BA in English at Yale and is a mother of four.
Read an Excerpt
The challenge for many small business owners is scaling their revenues and profits in an ultra-lean operation. The vast majority of small businesses in the United States are one-person firms. In many cases, the owners struggle to build a sustainable business that can support them and their families. They don’t have anything left over to invest in growth. That is because of a knowledge gap. Many owners have never learned how to create a high-revenue, high-profit business without adding a lot of overhead. It’s not something you’ll learn in school or even from other business owners.
Once you know how to create a million-dollar, one-person business, you’ll have many possibilities in front of you. Some owners choose to keep their businesses small, building them around a lifestyle they love. Others decide to follow the path outlined in my book, Scaling Up, and create fast-growing, job-creating firms. No matter which route you choose, you’ll have exciting options.
Excerpted from "The Million-Dollar, One-Person Business"
Copyright © 2018 Elaine Pofeldt.
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