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The Million-Dollar, One-Person Business

Make Great Money. Work the Way You Like. Have the Life You Want.

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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 revenue--something 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.

Includes a PDF of Appendices from the Book.
FOREWORD 
By Verne Harnish, Founder, Entrepreneurs’ Organization 

Running a business is ultimately about freedom and independence—and there has never been a better time to go after that dream. New technologies have made it easier and more affordable to start a business than ever before. In a global marketplace, even tiny, home-based businesses can reach a vast, international audience of customers. 

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. 

The Million-Dollar, One-Person Business
closes that gap. It offers a road map to creating a seven-figure, ultra-lean firm by sharing the strategies of entrepreneurs who have approached and hit $1 million in revenue before adding employees. From their experiences, you’ll learn how to come up with the right business idea, how to develop concrete strategies you can use to turn your vision into reality, and how to scale your revenues and profits once they start rolling in. 

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.
Elaine Pofeldt is an independent journalist specializing in entrepreneurship. Author of The Million-Dollar, One-Person Business, her work has appeared on CNBC and in Fortune, Money, Forbes, and many other publications. She lives in New Jersey with her husband and four children. View titles by Elaine Pofeldt

About

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 revenue--something 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.

Includes a PDF of Appendices from the Book.

Excerpt

FOREWORD 
By Verne Harnish, Founder, Entrepreneurs’ Organization 

Running a business is ultimately about freedom and independence—and there has never been a better time to go after that dream. New technologies have made it easier and more affordable to start a business than ever before. In a global marketplace, even tiny, home-based businesses can reach a vast, international audience of customers. 

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. 

The Million-Dollar, One-Person Business
closes that gap. It offers a road map to creating a seven-figure, ultra-lean firm by sharing the strategies of entrepreneurs who have approached and hit $1 million in revenue before adding employees. From their experiences, you’ll learn how to come up with the right business idea, how to develop concrete strategies you can use to turn your vision into reality, and how to scale your revenues and profits once they start rolling in. 

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.

Author

Elaine Pofeldt is an independent journalist specializing in entrepreneurship. Author of The Million-Dollar, One-Person Business, her work has appeared on CNBC and in Fortune, Money, Forbes, and many other publications. She lives in New Jersey with her husband and four children. View titles by Elaine Pofeldt

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