The Solo Entrepreneur Growth in Europe and USA
http://www.entrepreneurs-and-co.com/articles/194/1/The-Solo-Entrepreneur-Growth-in-Europe-and-USA/Page1.html
Didier Delmer
- Serial Entrepreneur in the High-Tech & Service Industries,
- Expert in European Business Development,
- VP International at NewCom Inc (Nasdaq listed),
- Founder of Easy Consulting,
- VP @ High-Tech Business Club,
- Founder of Portail des PME,
- Investor @ Clean du Bouquet,
- Currently working on Entrepreneurs and Co,
By Didier Delmer
Published on 16/05/2008
One-person companies are earning upward of $1 million in revenue annually. How do they do it? With high-speed Internet connectivity, mobile apps, automation, and a little help from their customers.
Solo Entrepreneurs are Internet Driven...
Solo entrepreneurs are becoming increasingly common as the Internet matures, software as a service (SaaS) is more reliable, outsourcing becomes more commonplace, and customers and user communities begin to shoulder more of the work of keeping operations going. Such companies get big results by thinking small -- from an organizational perspective, that is. From a revenue perspective, these enterprises are quite ambitious.
"We're seeing them everywhere -- they almost don't feel like businesses, because there's no there there -- these are people working from anywhere and in any time zone, and who are grossing from $250,000 up to $5 million or $6 million," said Paul Kedrosky, a senior fellow at the Kauffman Foundation.
"The no-employee business springs from the notion that there are two spheres: a manager/contributor sphere and a passion sphere," said Terri Loier, founder of WorkingSolo.com. There are many people who love to live in their passion sphere. They really don't want to build a big business by hiring lots of other people -- although that doesn't necessarily mean they don't think big in terms of dollars."
Solo entrepreneurs are becoming increasingly common as the Internet matures, software as a service (SaaS) is more reliable, outsourcing becomes more commonplace, and customers and user communities begin to shoulder more of the work of keeping operations going. Such companies get big results by thinking small -- from an organizational perspective, that is. From a revenue perspective, these enterprises are quite ambitious.
"We're seeing them everywhere -- they almost don't feel like businesses, because there's no there there -- these are people working from anywhere and in any time zone, and who are grossing from $250,000 up to $5 million or $6 million," said Paul Kedrosky, a senior fellow at the Kauffman Foundation.
"The no-employee business springs from the notion that there are two spheres: a manager/contributor sphere and a passio
n sphere," said Terri Loier, founder of WorkingSolo.com. There are many people who love to live in their passion sphere. They really don't want to build a big business by hiring lots of other people -- although that doesn't necessarily mean they don't think big in terms of dollars."
"We're seeing them everywhere -- they almost don't feel like businesses, because there's no there there -- these are people working from anywhere and in any time zone, and who are grossing from $250,000 up to $5 million or $6 million," said Paul Kedrosky, a senior fellow at the Kauffman Foundation.
"The no-employee business springs from the notion that there are two spheres: a manager/contributor sphere and a passion sphere," said Terri Loier, founder of WorkingSolo.com. There are many people who love to live in their passion sphere. They really don't want to build a big business by hiring lots of other people -- although that doesn't necessarily mean they don't think big in terms of dollars."
Solo entrepreneurs are becoming increasingly common as the Internet matures, software as a service (SaaS) is more reliable, outsourcing becomes more commonplace, and customers and user communities begin to shoulder more of the work of keeping operations going. Such companies get big results by thinking small -- from an organizational perspective, that is. From a revenue perspective, these enterprises are quite ambitious.
"We're seeing them everywhere -- they almost don't feel like businesses, because there's no there there -- these are people working from anywhere and in any time zone, and who are grossing from $250,000 up to $5 million or $6 million," said Paul Kedrosky, a senior fellow at the Kauffman Foundation.
"The no-employee business springs from the notion that there are two spheres: a manager/contributor sphere and a passio
n sphere," said Terri Loier, founder of WorkingSolo.com. There are many people who love to live in their passion sphere. They really don't want to build a big business by hiring lots of other people -- although that doesn't necessarily mean they don't think big in terms of dollars."