Elaine Pofeldt: Building a Million-Dollar, One-Person Business

Show Summary

Elaine Pofeldt takes center stage on the Grow My Accounting Practice Podcast, shedding light on the intriguing trend of individuals crafting million-dollar, one-person businesses. Throughout the episode, Pofeldt explores the diverse industries where these businesses thrive, offering insights into the unique challenges and opportunities within each sector. The conversation uncovers commonalities binding these successful ventures, highlighting key factors contributing to their financial milestones.

The interview seamlessly transitions to the pivotal role of profitability in shaping the trajectory of million-dollar, one-person enterprises, emphasizing the strategic financial decisions driving their success. Pofeldt provides a sneak peek into her latest book, “Tiny Business, Big Money,” offering listeners a glimpse into the world of employer businesses achieving seven-figure revenue with minimal staffing. The show notes promise an in-depth exploration of the efficiency and revenue-generating mechanisms of these unique businesses, leaving the audience eager to unravel the secrets behind their accomplishments.

Elaine Pofeldt’s engaging presence on the podcast ensures a captivating exploration of the unconventional landscape of solo entrepreneurship. Listeners can expect practical insights and anecdotes that illuminate the potential for substantial financial success in the realm of million-dollar, one-person businesses. The episode stands as a valuable resource for both aspiring and seasoned entrepreneurs, providing a rich tapestry of experiences and expertise in the evolving world of small-scale, high-impact enterprises.

Elaine Pofeldt is an independent business journalist who has contributed to FORTUNE, Money, CNBC, Inc., Forbes, Crain’s New York Business, the Economist Intelligence Unit, and many other publications. She is the author of ‘Tiny Business, Big Money’ (W.W. Norton & Co.), a look at how seven-figure businesses with small teams are reinventing the small business landscape, and ‘The Million-Dollar, One-Person Business’ (Random House), a guide to how solopreneurs are breaking $1 million in revenue in businesses with no employees except the owners. She is also a ghostwriter/collaborative editor and speaker.

As a senior editor at FORTUNE Small Business, where she worked for eight years, Elaine was twice nominated for the National Magazine Award for her features and ran the magazine’s annual business plan competition. Elaine graduated from Yale University with a BA in English. She lives in New Jersey with her four children and, in her free time, enjoys yoga, kickboxing, and long walks.

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