Forbes Predicts The Growth of $1M+ One-Person Businesses. Here’s What It Means For You.

In 2017, 36,879 businesses made over $1m.

Photo by David Suarez on Unsplash

In 2017, 36,879 businesses made over $1m.

The surprising part? These businesses did it with ZERO employees.

These one-person businesses specialize in physical products and selling information or services. Since 2017, this trend has only grown due to technological advancements and the rise of hybrid or remote jobs.

Forbes stated that:

The cost of starting a business has come down, thanks to cloud-based technology and low-cost apps and digital tools that make it easier than ever to automate routine tasks.

There will be more and more $1m one-person businesses.

Here’s what this means for you.

If you’ve got this mindset, you’ll win.

Anyone at any age can take advantage of this trend.

But only if you’ve got the right mindset.

• I’ve met middle-aged people killing it in the online world. They aren’t digital natives, but they took the time and effort to learn the skills to do so. They have taken their decades of experience and are applying it in new ways.