How to Build a One Million Dollar, One Person Operation

In episode #2220, Neil and Eric discuss how to build a $1 million one-person operation. There are many benefits to having a smaller organization but if you want consistency, longevity, and the ability to potentially sell your business and create a much higher net worth, you need to hire people. Tune in as we discuss the pros and cons of companies of different sizes and what it truly means to run a $1 million one-person operation.

TIME-STAMPED SHOW NOTES:

• [00:20] Today’s topic: How to Build a $1M 1 Person Operation.
• [00:25] The benefits of a smaller organization.
• [00:51] Our preferences when it comes to the size of our organizations.
• [01:13] Why having a small team isn’t necessarily the best way to run a business.
• [02:02] How to create high leverage products without spending all your time on them.
• [02:36] Examples of successful $1 million one-person operations.
• [03:12] How running a one-person operation affects your longevity. 
• [04:10] That’s it for today! Don’t forget to rate, review, and subscribe to this podcast!
• [04:17] Go to https://www.marketingschool.io to learn more!

Links Mentioned in Today’s Episode:

• Nomad List
• OKAY.com
• Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro

Leave Some Feedback:

• What should we talk about next? Please let us know in the comments below

• Did you enjoy this episode? If so, please leave a short review.

Connect with Us: 

• Neilpatel.com
• Quick Sprout 
• Growth Everywhere
• Single Grain
• Twitter @neilpatel 
• Twitter @ericosiu

Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.