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Bye Bye 9-to-5, Welcome to the Era of the Single-Member Entrepreneur
A few different options for your consideration
In 2021, nearly 5.4 million people opted for entrepreneurship by starting new businesses (Census, 2022). That number alone shows the rise in more individuals deciding to leave the 9-to-5 behind and make a go at it on their own. More than half of the businesses in the U.S. have fewer than five employees, according to this source.
Entrepreneurship has never been more accessible to all. None of the following models require any startup capital, although I would advise against quitting your day job until you have replaced your income by securing enough clients.
You can build a thriving business entirely from what you know, what you like, and around the products you use. So there are no excuses not to start now!
“Our goal isn’t to create a business that is as large as possible, but rather a business that bothers us at little as possible.” — Tim Ferris, The 4 Hour Work Week
Here is a breakdown of five straightforward business models for your consideration. Let’s have a look!