The Lifestyle Edit Podcast

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


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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
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The Lifestyle Edit PodcastBy The Lifestyle Edit

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