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How to Become a Solopreneur and Lead an Independent Life

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solopreneur

Solopreneur refers to an individual who sets up and runs a business on their own. Now, who doesn’t want to start their own business? I am pretty sure that most of you at some point in your life have thought about building your own dreams.

There are a lot of advantages to being a solopreneur such as financial freedom, recognition, and flexibility. However, getting started as solopreneur can be challenging.

Here are five tips to get started as a Solopreneur and lead an independent life:

1. Pick your passion

This is the most important part of your solopreneur journey. You have to choose something that you’re truly passionate about, because doing something that you don’t like on a daily basis will be exhaustive. A lot of people run a business like it’s a burden, and sooner or later they’ll fail.

There’s a reason why famous artists, musicians, and writers make a lot of money –they’re very passionate about it. Make a list of your hobbies and then find out what’s the one thing you can do on a daily basis without getting exhausted. It can be anything like writing, painting, or any services you can offer.

Figure out how to monetize your hobby or profession. While this can be tough, I know a chartered accountant who straight away started offering services on his website after graduation instead of working under someone. There can be a way if you just sit back and think creatively.

“Focus on building the best possible business. If you are great, people will notice and opportunities will appear.” – Mark Cuban

2. Pick a brand name

Once you figured out your niche, the next important part is to build a brand around it. These days building a brand means getting on the internet. Whether you’re an artist or a local small business owner, you can’t ignore the internet.

Pick a suitable name that suits your niche, start a website or blog and create social media profiles as well. You don’t have to spend a lot of money to build a website. Just make sure you grow your brand awareness. By doing so you’re leveraging your chances of being a successful Solopreneur.

If you carefully analyze some local small businesses, you will find that there’s a huge gap in their brand approach when it comes to internet branding. If you’re reading this, I’m pretty sure that you have a certain level skill-set to use technology; make use of this to increase your brand awareness. Over time, your brand will bring you an identity that you will find very joyful.

3. Build a suitable schedule

You certainly don’t have to quit your day job to start your venture. A lot of folks complain they don’t have enough time, but that’s not the reality. They just procrastinate without taking action.

Here’s the secret: There is not a single successful person who made it overnight — They all built it in chunks. If you just dedicate one hour every day to build your dream, you will have a clear direction after a few months. Just forget about the “How” part and take action each day.

4. Build a small team of freelancers

A Solopreneur doesn’t necessarily mean you have to do everything yourself. In fact, a lot of successful Solopreneurs have a small team of freelance designers, developers, lawyers, and proofreaders.

Once you reach a certain level of success, you can outsource some work to provide you with more flexibility and time to think. If a client needs the logo for their website, I find some logo designers on freelancing sites. Why? Because I’m not good at designing but still offer these services. In fact, Steve Jobs never wrote a single line of code, yet reached Apple to great heights.

“None of us is as smart as all of us.” – Ken Blanchard

5. Fully commit yourself

It took me over eight months to earn my first dollar with my blog, but now after six years here I’m thinking — I’m glad I didn’t quit. You’ll face a lot of hurdles, you might get bored, depressed and lack motivation, but try to keep a positive attitude towards your journey.

Always aim for long term goals in life. Joel Brown set a 10-year vision for success while starting this website. Also, never get caught up with momentary gains because it’s a hurdle for your growth. Fully commit yourself to your dreams and believe it’s possible to make a living with your passion and lead an independent life.

How do you plan to reach your goals in business? Share with us some tips and advice for fellow readers!

Image courtesy of Twenty20.com

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How You Can Start Networking in Style in 2023

By investing your time and effort in networking, you will gain more business through the relationships you make

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Are you completely new to networking?

Then this article is a great place to start. Networking isn’t hard on paper…you go along to online and in-person meetings, make new connections and build relationships, and those relationships lead to more work so you can grow your business! The challenge is that in reality, it isn’t quite so straightforward, as our emotions get involved and make things much tougher.

It’s incredibly common for nerves to creep in and to feel overwhelmed and apprehensive when it comes to networking – even when it isn’t new to you. But how can you become more successful at it, feel less self-conscious, and make networking work for you and your business?

Here’s a few tips to help you embrace every business networking opportunity you get, so you can grow your business and achieve your goals.

Rock up with confidence

If you want to keep those nerves at bay and ooze confidence at networking get-togethers, you’ll need to downplay it rather than seeing it as a big occasion. Try not to put pressure on yourself and see it as a casual meet-up with a bunch of people with similar goals to you. To help you relax in the run-up to the event, be sure to set achievable goals and expectations before you go.

Keep your chin up and your goals in mind – positivity is key. One easy goal for your first networking meeting is very simply to speak to one other person and see where the conversation goes. Introduce yourself and your business, but take the time to listen to their story, too. It’ll only take a few minutes and will be over before you know it, so it’s nothing to fear. You may even enjoy it and want to speak to a few more people, too!

“You can close more business in two months by becoming interested in other people than you can in two years by trying to get people interested in you.” – Dale Carnegie

Where to go networking

If you’ve never been networking before, it might not be very easy to find a group – but only because there’s so much choice and you don’t know where to start your search! Groups come in different sizes and styles, so it’s important to find one that suits you and your business. Informal, formal, big, small… the choice is yours.

For your first meeting, start small to ease yourself in – a big group could prove too daunting, and stop you from feeling comfortable enough to get involved. After all, you want to make a strong first impression!

If you’re wondering which group to opt for in the long-term, give a few a go! Get a feel for them, speak to as many people as you can, and see which one suits! You’ll know when a group feels right for you, and you can see where those all-important relationships are most likely to be built. If a group doesn’t feel like the right for you, give a different one a go.

Get more leads and referrals

This will happen for you, as long as you put the effort into building those relationships. If you take the time to get to know people, and then check in with them and support them, they’ll see you as a trustworthy and reliable contact who they can call on. And when they feel that way, those leads and referrals you’re looking for will come a-knocking.

Once you’ve made relationships with people who you trust, and they’ve had a positive experience working with you, you can even ask for referrals! But don’t rush this, as you don’t want to inadvertently push people away or try and force the relationship along too quickly.

When you do get an opportunity to work with someone you’ve met at a networking group, go above and beyond to offer more value than they’re expecting, as then, they’ll be much more likely recommend you and introduce you to more of their contacts!

Grow your business

By investing your time and effort in networking, you will gain more business through the relationships you make, and you will be able to grow your business.

We know that it’s not easy, going networking for the very first time. And that’s why we want to give you all the advice and tools that you need so you can walk in with confidence and make the most of the opportunity.

2023 is just around the corner, and you have the chance to make it the year you make networking work for your business. And the benefits could be incredibly amazing for your business, just like they have been for ours, and many business owners we have worked with over the years.

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