If you’ve considered launching your own business but hesitated because of a lack of substantial capital and a team, there’s great news: you don’t require a large investment or more than one individual to achieve success. You can create a solo enterprise that completely replaces your 9-5 income and could even outperform your current salary, all while eliminating stress, anxiety, and the limited opportunities for career growth.

Honestly, this transformation won’t occur instantly. Yet, with persistence and consistency- alongside one or more high-income skills and an easily solvable problem you can tackle with just your laptop- you possess the essential elements to create a six-figure solo business.

Find the Right Idea

The first step is honest self-evaluation. This will help you better understand your strengths and weaknesses and what unique perspective you can bring to the market. Narrow your strengths down to the top two or three that are strongest and most enjoyable, and then you can combine them to create a service that is unique to you. In addition to this, you can conduct market research to discover what is most needed in your chosen industry right now, ensuring your efforts align with market demand.

Three of the best and most popular business ideas for solo entrepreneurs in 2025 are:

  • Online creation (content creation, digital product creation, app development, etc.)
  • Online consulting
  • Online coaching

Of course, there are many competitors within these fields, but there’s so much scope for growth and picking a narrow niche that aligns with a specific market.

Set Up Systems to Assist You

As a freelance professional or solopreneur, you’re responsible for all facets of your business. Every element depends on you—behind-the-scenes administration, finance, customer interaction, and service delivery.

Thus, to simplify matters, establish systems, workflows, and processes that reduce time spent so you can concentrate on being creative and producing your best work. You don’t necessarily need to hire additional workers from the outset, but rather simply optimize your efforts. Create a process that works for you and that you can follow regularly to manage your time more efficiently.

Focus on High-Performing Clients

You can achieve six figures in a couple of years by choosing one of two approaches to selling your services or products: offer low-priced digital products and sell them in high volume due to their affordability, or, as many freelancers and solo entrepreneurs opt for, secure a select few high-ticket clients each month.

For example, as a coach, if you offered a coaching package priced at $4,000 and secured five clients, you would earn $ 20,000 per month, resulting in an annual income of $240,000. There are several approaches to achieve this, including:

  • Choosing to only work with corporate (B2B) clients
  • Choosing to only work with corporate clients who operate in a high-pay industry, such as tech, or specifically, SaaS
  • Working exclusively with high-net-worth individuals

Success as a solo entrepreneur may seem like some unattainable goal, but with these steps in mind, it is well within your reach!