341: Elaine Pofeldt — Million-Dollar One-Person Businesses

What would it be like if you could take your business to $1 million in revenue or more before you ever had to hire a single employee? Elaine Pofeldt answers just that question in her new book, The Million-Dollar One-Person Business. Elaine Pofeldt is an independent journalist and speaker who specializes in careers and entrepreneurship and the author of the new book The Million-Dollar One-Person Business. In her book and today's episode, she talks about a recent trend — that a segment of entrepreneurs is scaling to $1 million in revenue before hiring any employees. How do they do it, and what does this trend mean for our concept of an employee? Elaine discusses these topics, as well as how freelancers fit into the equation, so be sure to tune in to find out more! Key Takeaways: [:29] Ari introduces his guest for this episode — Elaine Pofeldt. [1:09] What got Elaine interested in the segment of entrepreneurs that comprises one person businesses? [2:14] What characteristics has Elaine observed about non-employer businesses with more than $1 million in revenue? [4:39] What differentiates these entrepreneurs from others who never make it to $1 million without employees? [7:50] What are Elaine's thoughts on the idea that the concept of an employee is going to change? [9:46] What are some management skills entrepreneurs need to have in order to manage multiple freelancers? [12:06] Is it feasible for the company built on using freelancers to keep scaling that way, without ever having to employ anyone? [15:40] What are Elaine's top three pieces of advice for people to be more effective? [18:20] Find out more about Elaine and pick up a copy of the book on her website. Mentioned in This Episode: Less Doing Less Doing Podcast Less Doing on Facebook Ari Meisel on Twitter Ari Meisel on Instagram Join the Less Doing Labs at Lessdoinglabs.com/moredone Elaine Pofeldt The Million-Dollar One-Person Business, by Elaine Pofeldt Teachable

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341: Elaine Pofeldt — Million-Dollar One-Person Businesses is an episode from The Less Doing Podcast with Ari Meisel: The Best Life Hacks And Productivity Tips For Less Doing, More Living.

This episode is 19:41 long.

This episode was published on Oct 3, 2018.

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