If the solopreneur bug is catching you too, here’s a guide to give you the complete lowdown on joining the tribe.
What is a “solopreneur”? It means “a single-person business”, lean and mean, with no employees. You can start and run a solopreneur business on a shoestring budget, and then take all the money you earn as profit for yourself. There were 41.8 million solopreneurs by 2018, contributing over $1.3 trillion to the US economy. By 2025, it is forecasted that we’ll have 45.6 million solopreneurs. On average, it is believed, nearly 15%-20% of full-time solopreneurs are already millionaires, or inching close.