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Solopreneurs, it's time!
Marco Barrio
August 09, 2024
In partnership with
by Marco Barrio
A digital nomad community exploring the world. The place where we feel at home no matter where our journey takes us.
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Hey U-Co Fam,
It’s the era of solopreneurship, and the time to act is now! We all know that artificial intelligence is here, and the world is changing at a rapid pace. Over the past two years, we’ve seen thousands of layoffs across the tech industry and other large companies. We are barely scratching the surface of the future of entrepreneurship and business.
I've been following several people who have built million-dollar companies as solopreneurs or with small teams. These entrepreneurs have leveraged tools like AI to be more productive and stay ahead of the curve, promoting their products through social media and content creation. So, can you truly become a one-person band and build a million-dollar venture? Here are my thoughts:
Yes, I truly believe you can build million-dollar businesses by leveraging your skills, intelligence, and technology. I believe AI will not necessarily take our jobs but empower us to work 10 times faster and achieve major milestones in ways we’ve never seen before. Tools like ChatGPT can help you with copywriting and generate hundreds of content ideas. Midjourney can create stunning rendered images for your projects.
To give you an example, the hospitality industry, traditionally a manpower-heavy sector, can benefit immensely from automation using IOT & Automation. Small teams can achieve so much by automating processes that previously required significant manual effort.
One key lesson I’ve learned is the power of a personal brand. Share your journey with your audience as you build your business. People love to see the process, not just the final product. We cared more about Steve Jobs when the Mac was being built than we do about Apple and it’s new iPhone 16 release.
I believe that in the next 5 to 7 years, we will all have a business of our own. We will offer goods and services worldwide, leveraging our skills and technology with new AI tools that empower us to achieve true freedom.
Here are a few solopreneur ideas to get you started:
Freelance Services: Offer your expertise in a niche market (writing, graphic design, web development, or consulting)
E-commerce: Start an online store selling products you're passionate about.
Content Creation: Build a personal brand through blogging, vlogging, podcasting or newsletter and monetize your content.
Online Courses: Create and sell courses on topics you’re knowledgeable about.
Digital Marketing: Help businesses grow their online presence using social media and SEO.
Another economic crisis is here, so we need to rethink how we’ll be working in the future. Relying on a single source of income for security and freedom isn’t sustainable. To truly be happy, free, and able to explore the world, we need to build our own businesses and prepare for the future.
I recommend you start your side business as soon as possible. Get your name out there, share your stories, and create your future lifestyle the way you want it to be. If you need help along the way, I’m happy to touch base with you and get you started, just like I did five years ago.
Cheers,
Marco
Community News
I've met a lot of incredible solopreneurs along my journey building U-Co. There's Japhy, a music expert; Camilo, an e-commerce guru in Colombia; and Kesi, who creates content all around the world. These are just a few of the solopreneurs and entrepreneurs in our community who are absolutely killing it. Our community is brimming with people who have amazing stories that motivate me daily, and they should inspire you to keep building in your unique niche. I can’t wait to hear your story, #ucofam.
In other news, would you like to be our August volunteer as a community host? Send me an email!
Roma House | Polanco (Diego) House |
|---|---|
Alberto (Mexico) | Carlos (Mexico) |
Karina (Mexico) | Georg (Germany) |
Keiko (Canada) | Juan (Panama) |
Eduardo (US/Mex) | Mauricio (Mexico) |
Eleazar (Mexico) | Jose (Mexico) |
Morgan (Australia) | Gabriel (Mexico) |
Angelica (Mexico) |
*If you’re looking for a mid-term lease in Mexico City, I’d be happy to help. We’re searching for more housing for you all. Send me an email with your wants/needs.
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Events CDMX
Check these concerts out over the weekend!
Accommodations
It’s summer, let’s go relax by the beach or the pool. Shall we?
Experiences
Food and culture, what else can you ask for in Mexico City.
Tips, Tricks and News
In this week's edition of the digital nomad newsletter, we delve into the latest tips, tricks, and trends shaping the nomadic lifestyle.
Partnerships
If you or someone you know is considering launching a Hostel, Airbnb, or Coliving property anywhere in the world, feel free to send us a message. We're eager to collaborate with you. UCOGO
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