The first time I heard the term “Solopreneur,” I instantly knew the meaning, because it captured the essence of what I’d been doing for many years.
In 2010, Solopreneur was just emerging in the language, and it was the perfect word to use in the name for this website. Since then, the use of solopreneur has taken off. For example, ‘Solopreneur” or “Solopreneurs” used to appear in tweets less than five times per day. Now it’s more than 50 times per day and growing.
Nobody seems to know the origin of the term, but below are a couple of Solopreneur definitions that I like:
From cartoonist Jen Sorensen: A solopreneur is a “captain of an extremely tiny dinghy.”
From Urban Dictionary: “An entrepreneur who works alone, ‘solo,’ running their business single-handedly. They might have contractors for hire, yet have full responsibility for the running of their business.”
A lot of articles, websites, etc.. Think Solopreneurship involves hiring a team or someone overseas to work for you… I used to think the same thing.
They call it outsourcing… but I think most people get it wrong… and actually do insourcing.
Let’s face it… if you have employees working here or overseas, they’re still an employee with all the headaches.
Now don’t get me wrong I believe in outsourcing… but I want to teach you TRUE outsourcing… not insourcing where you have to manage people.
So what is the definition of a Solopreneur that this site uses:
“A TRUE Solopreneur is someone who has developed a business with NO Employees, that’s Portable, Scalable, and produces Passive Income.”
So I think the real question you need to be asking yourself is, “Are you learning from someone who hires a bunch of employees and then has to manage them… Or are you learning from someone who has built Freedom into their life and found a way to support that freedom with passive income?”