Where Is Your Revenue Coming From? Here Are 3 Areas A Solopreneur Should Consider

I’m spending 2023 sorting through the digital solopreneur businesses that provide the highest happiness levels and cash flow.

There are plenty of conversations on marketing your business online through content and organic marketing. But what are you selling? I only recommend local services or physical products if you have an unfair advantage. Your most common path to success will be digital products or productized professional services. Start with a single product and a single customer funnel. Keep it simple. Here are three key pillars and examples for each.

🧑‍🏫 #1 Services: Coach, Copywriter, Designer, Media Editor, Social Media Manager, STR Manager, System & Process Consultant, Tutor, Virtual Assistant, Web Developer

📚 #2 Information: Books, Courses, Digital Art, Newsletters, Templates

🌐 #3 Software: Browser Extensions, Micro-SaaS

Services are the easiest to get going, but will profits will plateau. Information products are the easiest to operate, but you need a differentiated offering. Software products can create the most cash flow from these three, but the delivery effort is much higher.