What Type Of Person Thrives In Solopreneurship According To A Founder At The F
Paul from The F describes that to thrive in the solo training, consulting, and content creation industry, one must be comfortable with financial uncertainty, recognizing that "you don't always know where your next dollar is gonna come from," and also possess the confidence to put themself out there, communicate effectively, and handle potential criticism. A person must also be prepared to accept that as a solopreneur, "it's all on you."
Resilience, Communication, Confidence, Industry Realities, Actionable Tips
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Paul Barnhurst
Founder
The F
Brigham Young University
Arizona State University (ASU) - W. P. Carey earned MBA and Master of Science in Information Management
Business Management & Admin
Education
Finance
Scholarship Recipient, Pell Grant Recipient, Took Out Loans, First Generation College Student
Video Highlights
1. Comfort with income instability is crucial; those needing a stable, predictable paycheck may find this industry challenging.
2. The ability to confidently put yourself out there, share your story, and help others, even in the face of potential criticism, is essential.
3. Strong communication skills and enjoyment in talking to others are beneficial, as solopreneurs are responsible for all aspects of their business and income.
Transcript
How would you describe people who typically thrive in this industry?
In industries like training, consulting, and content creation, where you're running your own solo business, you need to be comfortable with not always knowing where your next dollar is coming from. If you require the stability of a regular, exact paycheck every two weeks, and that causes you intense anxiety, this path is probably not ideal for you.
Secondly, you have to be comfortable putting yourself out there and sharing your work. You need to accept that sometimes people won't like what you say, or they might be mean. Some of what you share may not be very good, and you have to develop resilience.
So, there's a certain ability to just say, "I'm going to put myself out there, and I don't care." You have a story to share and believe you can help others. This willingness to put yourself out there is crucial.
People who are good at communicating and enjoy talking to others can thrive. As a solopreneur, it's all on you. There's no paycheck every two weeks. If you take a day off, you likely won't get paid for that day, which can impact things later on.