The First Five Questions Every Solopreneur Must Answer

Before you build anything, name anything, or sell anything, five deceptively simple questions will determine whether your business has a foundation — or just a dream

By Futurist Thomas Frey

The Moment Before Everything Else

Every business that ever existed started the same way: with a person who couldn’t stop thinking about something. A problem that nagged them. A skill they kept getting asked to use. A gap they spotted that nobody else seemed to notice. That restless feeling — that itch — is the raw material of entrepreneurship. But raw material isn’t a business. The distance between the itch and the income is a series of questions, and most people who fail skip them.

The solopreneur’s journey is different from the startup founder’s journey in one fundamental way. There’s no team to pressure-test your assumptions, no co-founder to push back on your blind spots, no board to ask the hard questions in a quarterly review. It’s just you. Which means the questioning has to happen internally, deliberately, and honestly — before the market does it for you, usually at a cost you can’t afford.

What follows are the first five questions. They’re not the only questions you’ll ever need. They’re the ground floor. Get these right, and every question that comes after becomes easier to answer. Skip them, and you’ll spend years rebuilding on a cracked foundation.

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Finding The Right One-Person Business For You

Why solopreneurship isn’t one path — it’s at least fifteen

I get asked some version of this question constantly: “I want to start a one-person business, but I have no idea what kind.” It’s a good question, and it deserves a better answer than “follow your passion.” Passion is a starting point, not a strategy.

Here’s the thing most people get wrong about solopreneurship. They treat it like a single destination — as if “starting your own thing” is one job description with one shape. It isn’t. A solo consultant and a solo product builder live in almost entirely different worlds, with different skills, different risk profiles, and different daily lives. Picking the wrong shape for your personality is why so many promising solopreneurs burn out in year one — not because the idea was bad, but because the format was wrong for them.

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DaVinci Institute to launch world’s first “freelance colony” at its Westminster, Colorado HQ

Freelance Colony 1

On October 16-20, 2017 the DaVinci Institute will host its first ever Freelance Academy course as a kickoff for the world’s first Freelance Colony, a coworking community inside the Institutes Westminster headquarters.

A recent report by MBO Partners showed that 3.2 million freelancers are earning more than $100,000 annually. This is up 4.9% from 2016.

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6 reasons why half of us may soon be freelancers

Shane Snow and his cofounders started Contently in 2010 because they saw the world of journalism shifting. Where newspapers and magazines once provided stable, salaried jobs for reporters, writers and editors, they now largely shun fixed costs for an employment model that relies on an increasing percentage of freelancers.

 

 

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