Small businesses may need a team. It is possible to start your own business and manage it solo. Here are some options for those who want to start their own business but still need the freedom and cost savings that a solopreneur offers. Solopreneur business ideas are small-scale, one-person businesses that can be started with minimal resources.
What is a Solopreneur?
A solopreneur is an individual who runs and operates a business on their own, often providing a specialized service or product. They handle all aspects of the business, from marketing and sales to production and administration, and may outsource some tasks as needed.
Solopreneur Opportunities in 2023
Solopreneurs have a variety of solopreneur business opportunities in today’s digital age, such as creating and selling digital products, offering freelance services, starting a YouTube channel, or blog developing niche expertise, selling goods online, and providing coaching or consulting services. The possibilities are endless, and the key is to find a market demand and develop a unique value proposition.
Also read: Top 15 Business Ideas to Start Without Money
Why You Should Start a Business as a Solopreneur
Here are some advantages to starting your own solopreneur business if you’re considering solopreneur business ideas that go against traditional corporate structures.
- You can save money: You don’t have employees so you don’t need to pay salaries, benefits, office space or recruiting costs.
- Get started quickly: Many business structures require complicated tax filings and legal documentation. The process for sole proprietorships is the same as paying personal income taxes. You may need to fill out some forms, depending on where you live and what industry you work in.
- Maintain control: You are free to make business decisions without the assistance of a board or business partner.
- Avoid disagreements: It is important to not worry about disagreeing about the business direction or daily operations with partners or other stakeholders.
- Pivot or evolve quickly: There is no lengthy process for convincing employees or partners to join you if you find a new opportunity. It’s easy to do all the work yourself.
Top Solopreneur Business Ideas
Here are top solopreneur business ideas for 2023 if you are ready to start your own business.
1. Pet Grooming Business
You can offer your services to pet groomers if you are passionate about animals. You can either run your business from a mobile grooming van or visit clients at their homes.
2. House Cleaning Services
House cleaning is a popular service all across the country. Advertise your services in your local area and create a schedule that you can manage.
3. Graphic Designer
You can start your own graphic design business from home and work remotely with other business owners.
4. Pet Sitting Business
You can start your pet-sitting business by looking for potential clients in your personal relationships, and then spreading the word through word of mouth.
5. Event Planning
Event planners may help clients plan weddings, graduation parties, and corporate events, and build their local client base.
6. Life Coach
Coaching can be done either online or in person. To help each client achieve their goals, you should work one-on-one.
7. Tutoring Business
Local schools and students can have tutors who are experts in a specific subject.
8. Coffee Shop Business
You can open a coffee shop, cart, or cafeteria while keeping the hours manageable for just one person.
9. Errand Service
You can run errands such as dry cleaning or grocery shopping for your neighbors for a small fee, This is a great way to generate income as a beginner.
10. Financial Consulting Business
You can work remotely with small businesses if you have previous experience in managing finances. Instead of offering constant support, consultants usually provide the knowledge and tools that companies need to manage their books.
11. Develop Online Courses
Create an online course that customers can buy and complete at their own pace. This is a great way to make passive income. Some entrepreneurs are also offering live lessons and Q&A sessions to increase value.
12. Social Media Management
Manage social media channels for clients of your business by scheduling posts and designing campaigns.
13. Web Design Business
You can offer your design services to other online businesses if you are skilled in web design.
Also read: How to Start a Virtual Assistant Business: 6 Easy Steps
14. Virtual Assistant
Virtual assistants can handle many tasks remotely, including scheduling and inbox management. You can connect with clients through online job boards or market your services via your website.
15. Freelance Writing
Freelance writers create content marketing and blogs for clients on a contractual basis. You can work for multiple businesses or just one client.
16. E-commerce Seller
You can start your online store and manage the marketing, inventory, and website from home. Dropshipping and fulfillment services can even manage your logistics.
17. Digital Marketing
You can offer a variety of digital marketing services remotely, including PPC advertising and public relations. There are no startup costs; you can simply market your services online to companies that need your expertise.
18. Social Media Influencers
Brands can help you create targeted campaigns if your social media presence is large.
19. Software Developer
On a contract basis, create mobile apps and software programs for other companies. Software developers can even create their own products to sell directly to customers and businesses.
20. Affiliate Marketer
Affiliate marketing is the posting of links to products and services from other companies. You would then earn a percentage of every sale that you direct to these sites. This is a great option for content creators and bloggers looking to make extra income streams for their existing ventures.