How to Start a One Person Business Online and Scale to Six Figures

image of nikolai paquin
Nikolai Paquin
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June 22, 2022
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Read Time: 12 Minutes

Your Brain, Your Business: The One-Person Profit Formula

The easiest business to start online is a one-person business where you are the product.

This is exactly how I transformed my graphic design and digital marketing skills into hundreds of thousands of dollars in income, and you can turn your knowledge into similar results too.

In this guide, I'll walk you through the complete journey of how I built my one-person business over 5 years and scaled it to over $150,000 in yearly revenue.

An illustration showing a mind map or knowledge tree with different skills branching out This visualizes the concept of identifying and organizing your expertise

Finding Your Knowledge Foundation

Every successful one-person business begins with the knowledge you already possess and understanding how to monetize it effectively.

Ask yourself the following questions:

What skills have you mastered?

What insider knowledge do you have that others don't?

How are other experts monetizing similar knowledge in your industry?

This foundation is critical because your one-person business needs both your expertise and a clear understanding of who needs that expertise enough to pay for it.

For those in creative fields like graphic design, I always recommend studying successful creators in your niche. Look at how they're monetizing their skills and knowledge.

The have most likely have done it in the following ways:

  • 1 on 1 design services (done for you branding, websites, marketing, etc)
  • They have created design templates that they sell
  • They offer consulting or coaching services to businesses that need design help
  • They sell digital products that educate their customers

There are many different routes you can take when turning your knowledge into an income source. The goal is to find one that fits your current skill level, the type of lifestyle you want to have, and one that solves the core problems of the customers you want to serve.

This research phase is where your one-person business journey begins – identifying your valuable knowledge and discovering how to turn it into something people will gladly pay for.

A bridge graphic connecting "knowledge" on one side to "monetization" on the other This reinforces the key concept of transforming expertise into income

Bridging the Knowledge-Money Gap

After defining your knowledge base, you need a clear strategy for turning that knowledge into a profitable product or service.

The critical step is filling the gap between your expertise and monetization. Study others in your field who are successfully earning from knowledge similar to yours.

For designers, look at someone like Chris Do who runs The Futur YouTube channel. With his 20+ years of motion design experience, he created courses and coaching programs that transformed his expertise into an education platform selling design education and resources.

No matter your industry, identify role models who've achieved what you want. Then reverse-engineer their approach to knowledge monetization:

  • What exactly are they selling?
  • How are they packaging their expertise?
  • Who are their ideal clients or customers?

This framework helps you see proven ways of turning your knowledge into a digital product or service rather than reinventing the wheel. By studying successful models, you'll develop a clearer vision for your own one-person business.

Making Your First Dollar

Most successful entrepreneurs start by identifying their core knowledge and then creating a simple service or product to offer others.

For instance, if you're a designer, your first step might be offering done-for-you design services. Reach out to businesses and say, "I'll design your logo or website." This direct approach bridges your knowledge and income.

This initial offering doesn't need to be complex. The goal is simply to validate that people will pay for your expertise and get your one-person business off the ground with that crucial first dollar.

Building Your Business Infrastructure

Once you've figured out how to make your first dollar, create the infrastructure to support consistent income.

I tell all my students to focus on building a content or portfolio hub first. This could be:

  • A Behance profile (simplest option)
  • A portfolio website on Squarespace or Wix
  • An Instagram account with regular content

Your hub serves as the foundation for your personal brand, showcasing your work, client results, and testimonials in one central location.

This infrastructure is crucial because it allows potential clients to discover your expertise on their own time. Your hub becomes a 24/7 salesperson for your one-person business, working even when you're sleeping.

Most of your customers need between 7 and 12 touch points with you before they will even consider purchasing your product of service. They can do that through your social media accounts, website, or freebies that you offer.

The goal of your hub is to build trust, educate, and lead your prospective customers through a journey that gets them from being lost on a problem to a solution that changes their lives for the better.

Creating an Organic Content Strategy

After establishing your hub, start creating organic content that attracts your ideal clients.

If you've chosen social media as your platform, share your work samples, behind-the-scenes processes, or educational content relevant to your expertise.

The key is creating content that solves problems for your ideal clients. A graphic designer might create a carousel titled "5 Branding Mistakes Most Small Businesses Make Online," highlighting pain points that potential clients face.

This approach demonstrates your expertise while showing how you can solve specific problems. When potential clients see this content, they think, "This person knows what they're talking about and can help me solve this problem."

The Power of Organic Content Strategy

An effective organic content strategy helps your one person business grow faster because it accomplishes three crucial things:

  1. Builds trust with your audience by consistently providing value
  2. Establishes authority in your industry by sharing free, helpful insights
  3. Sells for you 24/7, allowing someone across the world to discover your content at any time and decide to hire you

Without this infrastructure and content strategy, growing your online business becomes much harder. Your potential clients need somewhere to go to learn about your expertise and see proof of your capabilities.

Scaling to $1,000 and Beyond

After earning your first dollar, your next milestone is scaling to $100, then $1,000, and eventually $10,000. Here are three proven paths:

1. Consistent Organic Content

Over a six-month timeline, focus on improving your content quality while posting consistently (ideally daily).

Mix up your content between educational pieces, work samples, and client interaction highlights. If you're a consultant, share snippets from client calls (with permission) that showcase your expertise.

This method costs nothing but your time and effort. While building a personal brand requires significant upfront work, it creates a snowball effect as you build trust and authority with your audience.

Eventually, consistent organic content leads to a loyal following of potential clients who actively seek to work with you.

Examples of reviews I have gathered from former clients
Examples of referrals I have gathered from former clients when I ran my design agency.

2. Leveraging Referrals

After completing projects or selling products, always request reviews and referrals.

This approach is fundamental to growing your one-person business into an empire. Since you don't have employees handling marketing and sales, your satisfied customers become your best salespeople.

After a successful project, send an email saying: "I'm so happy you enjoyed working with me! If you know others who could benefit from my services, please refer them."

This tactic allows you to tap into your clients' networks. The best part? The trust transfers instantly. When a satisfied client recommends you to friends, their existing trust in that relationship extends to you before you even meet.

This is how you turn one sale into many and continuously expand your client base without additional marketing costs.

3. Cold Outreach

If you're starting from zero without an existing network, cold outreach can be another way for you to get your first client or customer.

Send cold emails, make calls, and pitch yourself consistently for at least 90 days to secure that crucial first client. This approach is the most challenging but sometimes necessary when building from scratch.

When starting from zero, sometimes the only way up is by putting in the hard work of direct outreach until you gain momentum. If you go this route send out at least 20 cold DM’s or a emails to prospective clients.

Cold outreach is a numbers game so don’t be discouraged if you reach out to 100 people and don’t make a sale. Out of all these methods, cold outreach is the most time-intensive with the least amount of return if you do not have a preexisting sales background.

Breaking the Time-Money Connection

Once you've reached $10,000 in your one-person business, you need to focus on scalability.

Since you're operating alone without employees or subcontractors, you need to separate your time from your money. In traditional jobs, you trade time for money – a fundamental limitation since you only have 24 hours daily.

To scale effectively, create systems that generate income regardless of your direct time investment. The best approach? Turn your knowledge into digital products.

Create courses, guides, templates, or other info products that you make once but can sell thousands of times. Instead of building one website for one payment, create a website template you can sell repeatedly.

This transition from trading time for money to creating semi-passive income is the key to scaling from $10,000 to $100,000 in your one-person business.

Scaling to Six Figures

There are two primary paths to reaching $100,000 in annual revenue with your one person business:

a example of a high ticket offer
A example of a high ticket offer I have used in the past for logo design

1. Scaling Your Service Business with High-Ticket Offers

Transform your service into a high-ticket service by charging premium rates – $5,000, $6,000, or $7,000 per project.

With this approach, just 20 projects annually get you to $100,000. This is exactly how I started – I grew my design agency through referrals, then strategically increased my pricing until each project averaged $5,000.

This allowed me to earn $50,000 from just ten projects, or $100,000 from 20 projects annually – much more manageable than handling hundreds of smaller projects.

For creative professionals, this is often the quickest path to six figures: elevate your service business by attracting better clients and charging premium rates.

example of digital products
Examples of ways I have productized my branding design knowledge

2. Productizing Your Knowledge

The second approach builds on what we discussed earlier – growing an audience through organic content and converting your expertise into scalable digital products.

This strategy focuses on separating your time from your income by creating one product that you can sell thousands of times, rather than completing hundreds of time-intensive projects.

Between these two methods, I strongly advocate for the second. Building a personal brand and selling digital products creates a more sustainable business model with significantly better long-term potential.

Avoiding Burnout

If you choose the first route of scaling a service business to $100K, be prepared for potential burnout – which is exactly what happened to me.

After running my design agency for four years, the first three years were an uphill battle – constantly pitching clients, managing difficult relationships, advocating for better rates, and dealing with the full spectrum of client personalities.

While I fought hard to reach $100,000 and learned invaluable lessons, I was completely burnt out after three years. I realized I couldn't sustain a service-based business model for decades to come.

That's when I pivoted to knowledge monetization through products. I now offer digital products that teach you how to create your own personal brand and how to monetize your knowledge. That provide income while scaling my knowledge and impact.

The ROI of Digital Products

The product-based approach prevents burnout because your time isn't directly linked to your income.

Creating a course might take three weeks, but you can sell it for the next 5 years. Those three weeks could potentially generate $1 million over time, compared to the same time spent on client work that might yield only $5,000-$10,000.

The return on investment when monetizing your knowledge through products can be 100x or even 1000x greater than service work. This is how you truly elevate your one-person business to the next level.

My role models in this space include entrepreneurs like Dan Koe and Ali Abdaal. They followed similar paths – starting as service providers in design or education, and then transforming their knowledge into digital products.

Today, they generate millions annually while working just a few hours daily – the ultimate dream for many entrepreneurs.

The Path to Seven Figures

Building a seven-figure one person business requires consistent effort and showing up daily.

While you can choose between a service-based approach or knowledge monetization, I always recommend the latter for sustainable growth and lifestyle freedom.

Reaching millions in revenue requires dedication – showing up every day for years, consistently providing value, and building your audience. Eventually, your knowledge can be leveraged to 100x your income.

Remember that you already possess $100,000 or even $1 million worth of knowledge locked inside your brain.

The key is bridging the gap between your valuable expertise and effective monetization.

The easiest business to start online is a one-person business where you are the product. Your knowledge has tremendous value – now it's time to package it properly and share it with those willing to pay for it!

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