Knowledge Commerce Is A Business Model That Perfectly Fits Solopreneurs
Solopreneurs are now a huge part of the working market and especially online. MBO Partners’ 2019 Report indicates that 41 million Americans are building solo businesses. Solohacks Academy too is a solopreneur business.
To any solopreneur, what’s the fastest (and most profitable) business to start? It would be to sell what he knows to someone who wants to know that. That’s Knowledge Commerce … where costs are next-to-nil and profitability even as high as 95% (if you are ready to do it all yourself).
As a solopreneur, you are both the brand and the product of your business. Your brains create the knowledge products you sell, so there’s no demarcation between the business-owner and what the business sells. If you succeed, your name gets emblazoned across the Internet as an “expert”. Also, there’s really no serious competition to beat, because there are no two people exactly like you.
Here are three reasons why being a solopreneur in Knowledge Commerce is a double-advantage …