19. How To Launch & Scale A Million-Dollar One-Person Business With Elaine Pofeldt

Summary: In this episode we’re talking to Elaine Pofeldt, former senior editor at Fortune Small Business magazine. Elaine has dedicated her career to writing about entrepreneurship for publications such as Crain's New York Business, Fortune, Money, Inc., CNBC and many others. 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 and it’s the focus of her latest book, The Million-Dollar, One-Person Business. It offers a road map to creating a seven-figure, ultra-lean business 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. In the episode we break down those themes and discuss the barriers stopping women from securing venture capital, the considerations you need to make before outsourcing work and what to start with first and why it’s more possible now than ever before to make a profitable business that serves the life you want to lead. Resources The Million-Dollar, One-Person Business: Make Great Money. Work the Way You Like. Have the Life You Want The 7 Habits Of Highly Effective People by Stephen R. Covey Scaling Up: How A Few Companies Make It…And Why The Rest Don’t by Verne Harnish The Mind Your Business Podcast by James Wedmore Upwork People By The Hour The One Page Strategic Plan by Verne Harnish Join the Community · For more content, head to www.thelifestyleedit.comand click here to join thousands of female creatives in our newsletter community: http://bit.ly/2rVZVzo Work with Naomi: · Sign up for a complimentary discovery call: http://bit.ly/2wttos2 · Ready to raise your rates and double your income? Get the free guide: http://bit.ly/2W7hehh