Mar 29, 2021
Elaine Pofeldt is an independent Forbes journalist and the author of The Million-Dollar, One-Person Business. Elaine is back on Growth Experts to share the updates she’s made to her book since we last spoke, featuring fascinating case studies of million-dollar, one-person businesses. She talks about how these businesses were impacted by the covid-19 pandemic, innovative pivots they’ve made, and methods they’ve used to diversify and scale their revenue.
Tune in to learn how savvy businesses are coming out of the pandemic stronger than ever, the importance of consistency and dedication in growing a business, and how to diversify your revenue in 2021. Fortune favors the bold and this episode highlights businesses that embody that phrase to the fullest!
During this interview, we discuss:
2:00 – How the pandemic has impacted Elaine’s business
2:36 – About her next book, Tiny Business, Big Money
3:43 – A case study of a million-dollar, one-person business and how they’ve been impacted by the pandemic
7:35 – The importance of revenue diversification and how to diversify and scale your revenue
10:36 – Growing your business by creating online courses and masterclasses
14:52 – More case studies of million-dollar, one-person businesses with innovative approaches
21:19 – The #1 reason why businesses fail
22:09 – A case study of a million-dollar, one-person business who leverages Instagram influencers
25:48 – How to connect with Elaine and get her book
Plus, a whole lot more!
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