The Solopreneur: Achieving $2M Annual Revenue with Zero Employees

PopularAiTools.ai
4 min readJun 11, 2024

--

Overview

This is the story of Justin, a solopreneur who makes $2 million a year with no employees, working around 40 hours a week. Justin’s journey from being fired three times by age 28 to building a successful solo business is both unique and inspiring.

🔗 Learn How To Make Passive Income With AI — Here

🔗 Learn How To Make Passive Income With AI — Here

Justin Welsh

Justin’s Background

Early Career in Sales:

  • Inspired by his father, Justin entered pharmaceutical sales but struggled initially.

Fired from:

  • First job after 11 months for lack of diligence.
  • Second job after 3 years for dishonesty about sales calls.
  • Third job in medical devices after 10 months for interviewing elsewhere.

Turning Point:

  • By 28, Justin felt lost but used these setbacks as learning opportunities.
  • Began focusing on self-improvement through blogs, podcasts, and webinars.

🔗 Learn How To Make Passive Income With AI — Here

Transition to Tech World

ZocDoc (2009–2014):

  • Started as an account executive and quickly advanced to reporting to the CEO.
  • Contributed to ZocDoc reaching $71M in yearly revenue.

PatientPop (2015–2018):

  • Became VP of Sales.
  • Achievements:
  • Grew business from 0𝑡𝑜50M+ in recurring revenue.
  • Hired and led over 150 sales employees.
  • The stress led to a panic attack in December 2018, prompting Justin to reevaluate his career path.

🔗 Learn How To Make Passive Income With AI — Here

Starting His Own Venture

Becoming His Own Boss:

  • Began writing online to gain “attention,” paving the way for his consulting business.
  • Left PatientPop after 8 months when his side hustle grew into a full advisory business.

Current Business Model:

  • Runs a $2M/year boutique advisory in Hudson Valley, NY.
  • Advises early-stage SMB and SaaS founders on scaling their businesses.
  • Sells online courses to a large follower base.

Social Media Presence:

  • Accumulated 750k+ followers from 2019 to 2023.
  • Utilizes platforms such as Twitter, LinkedIn, and Instagram to engage with his audience.

🔗 Learn How To Make Passive Income With AI — Here

Current Business Model

Boutique Advisory Firm:

  • Runs a solo advisory business in Hudson Valley, NY.
  • Provides consulting services to early-stage SMB and SaaS founders on scaling their businesses.
  • Generates a significant portion of his income through these high-value consulting services.

Learn More About Making Money Using AI — Here

Online Courses and Social Media Presence:

  • Sells online courses to his followers, which have grown to over 750,000 across Twitter, LinkedIn, and Instagram.
  • Maintains daily engagement on social media platforms to keep his audience engaged and growing.

🔗 Learn How To Make $$$$$$ With AI — Here

Key Success Factors

Work-Life Balance:

  • Works only a few hours per week while generating significant revenue.
  • Effectively balances his work with personal enjoyment and other aspects of his life.

Continuous Content Creation:

  • Regularly posts content on Twitter and LinkedIn to maintain and grow his follower base.
  • Uses social media strategically to attract potential clients and course customers.

Summary

Revenue Streams:

  • High-value consulting services.
  • Sales of online courses.

Follower Base:

  • Over a million followers combined on social media platforms.

Work Hours:

  • Works around 40 hours a week or less.

Justin’s ability to leverage his expertise, build a strong personal brand, and effectively market his services and courses through social media enables him to earn $2 million annually while maintaining a manageable work-life balance.

For More Articles Check PopularAiTools.ai

--

--

PopularAiTools.ai

The best bespoke AI tools directory, find the best AI Tools and submit your ai tool here https://www.popularaitools.ai/submit-a-tool