Elaine Pofeldt

“Solo businesses that hit the million-dollar range typically fall into six categories: 1. E-commerce; 2. Manufacturing; 3. Informational content creation; 4. Professional services and creative businesses, such as marketing firms, public speaking businesses, and consultancies. 5. Personal services firms, offering expertise, such as fitness coaching; 6. Real estate. These companies use outsourcing, automation, mobile technology, or a combination of all three to build, operate, and grow their businesses.”
― Elaine Pofeldt, The Million-Dollar, One-Person Business: Make Great Money. Work the Way You Like. Have the Life You Want.

“The thinking is that it’s better to invest in ten people who are going to grow their businesses to a very large size than in one hundred people who are going to run single-person businesses,” says Donna Kelley, a professor of entrepreneurship”
― Elaine Pofeldt, The Million-Dollar, One-Person Business, Revised: Make Great Money. Work the Way You Like. Have the Life You Want.