By Kam S. Phillips-Sadler
Now more than ever before, software allows individuals to free themselves of corporate overhead and work independently in fields that were not addressed previously. This analysis is focused on individuals who derive their primary income from “clients” or “customers” in unique industries. I classify these individuals as "Solopreneurs". Software has grown to support the needs of individuals who seek to execute their professional vision on their own. While we see a rise in the ability of individuals to monetize their skills and crafts in a variety of ways, it is important to distinguish that this perspective is not focused on the “creator economy” or the “gig economy”. The transactions expected for these sectors are not “gigs” nor would these individuals consider those they work with their “audience” or “fans”. Solopreneurs can leverage their unique skills and industry expertise to create businesses within their own niche, non-technical industries. Ultimately, the needs of Solopreneurs have the potential to spur a wave of delightfully robust and successful new companies.
By 2027, over 50% of workers in the US will work independently.
SaaS tools evolve to be lighter, more robust and more accessible for wider audiences.
Historically, for individuals to start their own business would require capital intensive overhead, brick and mortar space and range of operational tools. We've gone from:
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Today, the internet is the new Main Street and customers are within reach with the right tools.
However, while software is more specialized and accessible than ever before, users must aggregate a portfolio of tools for sustainable business operations.
Good luck figuring it out.
All of the tools an aspiring CEO needs are right at their fingertips but cobbling together the perfect mix is an overwhelming, complex and often expensive challenge. Case in point: