Behind the Craft

How I Built an $8M Business with 0 Employees | Justin Welsh (Solopreneur)

61 snips
Sep 15, 2024
Justin Welsh, a 7-figure solopreneur, shares his remarkable journey from a startling panic attack at a startup to building an $8M one-person business. He discusses the crucial steps of finding your niche and validating business ideas with real customer insights. Justin emphasizes the power of specificity in both audience targeting and business communication. He also reveals how he leverages AI for optimizing his business funnel and offers invaluable advice for tech professionals seeking to reclaim control over their careers.
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ANECDOTE

Burnout and Panic Attack

  • Justin Welsh, previously a VP of Sales, experienced burnout and a panic attack due to increasing pressure at his startup.
  • This led him to rethink his career path and explore solopreneurship.
ADVICE

Gradual Transition to Solopreneurship

  • Gradually transition into solopreneurship by finding 15 minutes daily to build an online presence.
  • Focus on communicating your value and expertise to gain attention and start making extra money.
ADVICE

Effective Time Management System

  • Identify your intended outcome (e.g., revenue growth) and list all weekly tasks with time spent and impact ranking (1-10).
  • Focus on the top 20% of tasks, simplify, eliminate, automate, or delegate the rest.
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