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Hey, Guilherme here 😃

Becoming a solopreneur and forging it on your own can be a thrilling experience. You’re making your own decisions and putting it all on the line for your new business.

But it can also be a nerve-wracking experience for exactly those same reasons. Check out some tips for solopreneurs below, so you can stop worrying and move forward with building your business.

Find a base to work from

Working from your kitchen table or the corner coffee shop is fine at first, but it won’t simply suffice long-term. You want an environment that is comfortable, inspiring, and provides what you need so you can focus on your work. A coworking space might be the best option for solopreneurs at every stage of development.

Don’t give up

Becoming a solopreneur is filled with challenges. But don’t let these challenges defeat you. If times are difficult, make it your goal to power through. There’s always a light at the end of the tunnel.

The line that separates a successful solopreneur from an unsuccessful solopreneur is the ability to persevere through the lows in expectation of the highs. Believe that things are going to get better and don’t give up.

Surround yourself with like-minded individuals

Working as a solopreneur can be incredibly isolating. Over time, that isolation can have a negative effect on your motivation, inspiration, and focus.

Surrounding yourself with like-minded people — be they solopreneurs, entrepreneurs, digital nomads, or just business professionals — gives you the support you need to continue working at a high level. And don’t be afraid to ask for advice, vent your frustrations, or celebrate your successes with them.

Don’t be afraid to pay for the right tools

As a solopreneur, you’ll depend almost exclusively on the tools you use every day. If you make furniture, that means saws, drills, and other construction implements. If you build apps, that means computers, servers, and routers.

Whatever type of business you embark on, don’t be afraid to spend more on the best tools. A good rule of thumb is to buy a higher-quality tool than you need at the moment. It will last longer, give you the speed you need to get the job done in a timely manner and adapt with you as your business grows and evolves.

Automate tasks

When you run your own business, you wear several different hats. You become the accountant, the customer service rep, the salesperson, and the lead coder. That’s a significant amount of responsibility.

Take advantage of the endless array of apps and automated systems available online and in the cloud. Even a simple time-tracking app can improve your performance, maximize your efficiency, and save you time so you can give your full attention to the tasks that really matter.

Remeber the 80/20 rule.

Enjoy your freedom

One of the main reasons for becoming a solopreneur is that you can be your own boss. That gives you a considerable amount of freedom in your day.

You are still accountable for the business you’re running, but you aren’t tied to a specific schedule. You can work when and where it suits you best. Take advantage of this fact and remember to make the most of your freedom.

Money isn’t everything

Money isn’t the end-all, be-all of success. Yes, you need to make enough to sustain yourself, but personal health, happiness, and relationships are equally as important.

While it’s vital to set goals for your income and measure the finances surrounding your business, it’s also essential to remember why you became a solopreneur in the first place. This can help you stay firm in your resolve to succeed and sustain you through the lean times.

Be Patient

Being a solopreneur is a wonderful way to work. But because you’re working solo, your business might not grow as quickly as more traditional models. Be patient.

This, along with perseverance, is the foundation of success for solopreneurs, entrepreneurs, and anyone looking to grow a business in the 21st century. Remember why you set out on your own in the first place — core values, lifestyle choice, freedom — and give your business the time it needs to find a solid footing.

Here’s a good Twitter 🧵

Justin Welsh @thejustinwelsh

Last week my little one-person business crossed $1.3M in revenue. It took 810 days, I ran zero paid ads and operate at a ~98% margin. Here are the 14 steps of my strange journey: Hope it's helpful to someone. [🧵 thread]

4:04 PM ∙ Oct 26, 2021

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9,434Likes1,251Retweets

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Until next time - Guilherme

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