Solopreneur difference? Many people ask if solopreneurs are really all that different from other types of entrepreneurs, freelancers or the self-employed who run online startups. It’s true that many small business owners who are the lone hands in their businesses don’t really refer to themselves as “solopreneurs” They may say: ” I’m a freelance writer”, or “I’m a geo-consultant”, or “I run piano classes online”. Read on to see what makes us solopreneurs a slightly differentiated crowd, with a slightly different kind of energy, amongst all other entrepreneurs online.
- VIDEO: Jay Oza makes an insightful point on “Difference Between A Solopreneur Vs. An Employee” (Must watch: 2:38 minutes)
- How enthusiasm pulls some people into solopreneurship and what they discover
- Are solopreneurs introverts – or is that an irrelevant question?
Some important perspectives on a solopreneur meaning:
- Solopreneur Characteristics That Mark You Out For Success
- Solopreneurs Versus Entrepreneurs: What The Difference?
- Solopreneurs Versus Freelancers: What The Difference?
- Solopreneur Success Tips And Advice: Solohacks RoundUp
- Solopreneur Examples: Icons Of Today And Tomorrow
VIDEO: Jay Oza makes an insightful point on “Difference Between A Solopreneur Vs. An Employee” (Must watch: 2:38 minutes)
I’ve never thought of it this way till I heard Jay Oza’s video on how solopreneurs are different from employees. He says: “Just go to a party and see who wants to talk about themselves and their work a lot – they would be the solopreneurs, all excited and full of passion. The ones who are reluctant to talk about their work would be those disengaged with the work they do – and chances are they’d be employees.” I did try his test – many times – and guess what, he is right!
How enthusiasm pulls some people into solopreneurship and what they discover
Jack Calhoun, writing in Medium.com explains the enthusiasm that pulls people into solopreneurship and what they must beware of when they land in solo heaven. If you read his story you may find many parts of it very familiar to your own experience.
“When I decided to sell my company and start a new chapter in my life as a one-man show, I was excited. No more 8 a.m. staff meetings. No more deadlines set by others for projects I wasnât particularly enthusiastic about. No more personnel problems to deal with.
As the saying goes, the world was my oyster. I would finally be free â free to focus only on the things that interested and inspired me. Free to learn new things and think new ideas and plot the course I, alone, wanted to take.
As another saying goes: It all looks great on paper.
Donât get me wrong. Now five years into my Solopreneur Experience (which would make a great brand name, by the way), I have enjoyed many parts of it. But life has a funny way of making you appreciate the things you used to take for granted and question the things you now have that you always thought you wanted.
For me, the biggest surprise about being completely on my own was that I was completely on my own.
I know. Duh. What else did I expect as a solopreneur? The thing is, I had a pretty good idea of what it was going to be like on an analytical level; I was just completely unprepared for it on a mental and emotional level.
For me, and for many others Iâve encountered, the hardest part of being the sole person in a business is the isolation. The lack of connection and support is palpable; thereâs no one else to connect with, no team to give you feedback. All your ideas, opinions, and worries remain in your head.”
Moral of the story? Solopreneurs are a class by themselves because of the choice to remain solo. Unlike any other form of entrepreneurship, being solo is a double-edged sword to live with.
Are solopreneurs introverts – or is that an irrelevant question?
I’ve read many articles on why introverts make better solopreneurs, or why solopreneurs are all introverts. I’ve even read that extroverts are just loud introverts while introverts are silent extroverts. But most of us solopreneurs, who make a choice to go solo in business, always have a thought: “Do I have to be an introvert or extrovert to succeed as a solopreneur?”
Reecently I came across an article by Paul Cassarly on LinkedIn that seemed to answer this question – or did it? Read this passage from Paul for yourself and make up your mind:
“If you want to be a solo entrepreneur (i.e., a âsolopreneurâ), or as many refer to it, a freelancer, then youâre in good companyâ¦ especially if youâre an introvert. About 60% of entrepreneurs, according to various research articles, suggest that introverts make up a large portion of the freelancer and solopreneur community around the world.
Why do introverts make better solopreneurs? Simply put, introverts are completely comfortable being by themselves for long periods of time, and often prefer working alone. Extroverted individuals, on the other hand, prefer to physically be around other people. Now, this isnât to say that you canât be an extroverted solopreneur â many freelancers are actually quite extroverted and do well.
However, think about the actual scenarios in which you would be doing the work necessary for your business to succeed. If you are a web developer, using our earlier example, youâre most likely at a desk in your home, drinking some coffee and listening to music while you design and code the hours away. The same can be done on a laptop in a Starbucks in the middle of New York City, with all of the hustle and bustle and noise.
Who do you think has better concentration? The introvert with little distractions, or the extrovert whoâs being bombarded with conversations because they need to be around other people all the time?
But, again, this largely depends on the industry youâre in â¦ and it would be pretty difficult to freelance as an Uber driver without being physically around other people.”
P.S.: To settle this debate once and for all, I’ve decided to adopt the 80/20 rule (not that Pareto one, my own). You can be 80% introvert but you need to be at least 20% extrovert to be successful as a solopreneur. Go, find that stretch!
SOME IMPORTANT PERSPECTIVES ON SOLOPRENEUR DIFFERENCE
Solopreneur characteristics are essential to notice. These characteristics, which we have mentioned below, can lead you firmly in the direction of success.
Research has consistently shown us the qualities that successful solopreneurs have. It makes sense to know what these are so you can tweak your traits to work for you and not against you. You donât need to have all of these characteristics, and neither do you need to have them in spades.
If you can score on at least 70%-80% of these attributes, you have a great chance at satisfying success. To be among the six-figure solopreneurs, see if you have what they do. [Read More]
Solopreneurs vs. entrepreneurs? What are the key differences between the two, and why does it matter so much? The real difference lies within the mind of the person who wants to start a business.
In business, there are two types of people. Solopreneurs get their mojo from self-expression. They love to do the work. Entrepreneurs are those who love to manage those who do the work. They get their mojo from management.
From this crucial difference in mindset, a host of other external behaviors emanate that distinguish solopreneurs from entrepreneurs. Read on to see how many subtle differences there are â¦ [Read More]
Solopreneurs vs. freelancers? What are the key differences between the two, and should it matter what you call yourself when youâre the lone hand in your âbusinessâ?
In simple terms, a freelancer sees himself as an outsource worker who does assignments and projects for others (clients). The solopreneur sees himself more as a business owner and likes to create and sell his own products instead of doing jobs for others, to their requirements.
These days the lines are blurring between solopreneurs and entrepreneurs. Many a freelancer, when asked, would probably say his next step of growth is to become a solopreneur. [Read More]
Solopreneur success is a hot topic online â especially these days when the number of solopreneurs is burgeoning.
It pays to listen to the advice and tips that savvy solopreneurs can give us. Those who are in the game will have practical and actionable ideas to offer.
Note all the inspirations and opinions in this roundup. Then see how you can apply some of them in your business. The descriptions of solopreneur success here are important because they give us insights into how solopreneurs see success. [Read More]
Solopreneur examples are growing in number every day. Somewhere on this globe, every minute, some solo businessperson is breaking barriers to success.
Itâs always exciting to know some of the most iconic solopreneurs and trace back to see how and why they grew into such role models. Whatever their stage of business growth, they all continue to grow as people, with the life lessons only solopreneurship can teach.
We had great fun compiling this list and hope you will find these examples inspiring. [Read More]
So What Are Your Thoughts? Do Share!
This post is incomplete without your input. The community of solopreneurs would feel galvanized to hear from you … so do share your thoughts on this topic with us, in the comments field below this post.
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- Solopreneur Tips: Many Angles, Many Ideas, Many Voices
- Solopreneur Resources: Everything You Need In One Place
- Solopreneur Difference: Why You’re A Breed Of Your Own