Solopreneurs Win Big on Profit Margins (& No One Even Knows)

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The profit margin for most restaurant owners is between 3% and 9%. That means that for every hundred dollars that is made in their business, by the time they pay for product, employees, expenses, and taxes, they are lucky to make $9.

I dine out all the time, and I have had several clients who own restaurants. The demand from customers is high, the pressure is real, and the grind is constant.

Imagine having all of that stress for a 9% profit.

The profit margin for private-practice surgical groups, where surgeons are owners or partners, often operate between 10% and 20%. This is after they pay for staff, rent, equipment, malpractice insurance, billing, and taxes. The stress level is high. The liability is higher. The average work week is 60 hours. The average surgeon has a minimum of 14 years of education that costs between $250k and $600k.

Imagine having all of that stress for a 20% profit.

My profit margin as a solopreneur has always run at over 80% (even when I was struggling and trying to make ends meet).

I have had years where it ran closer to 90%.

No employees. No contractors. No product cost. No hidden expenses.

My taxes are my biggest expense, and I always make sure that I am using them to my advantage for the life I want to create.

This is why more and more solopreneurs are crossing over the six-figure and seven-figure profit line each year. When designed with intention, solopreneurs can cross that line with less stress and fewer expenses than their counterparts.

I know this because I did it.

I built a business where my greatest asset and liability is me.

As long as I get out of bed each morning, my business moves forward.

I intentionally picked a business method based on something that I knew would never lose demand in my lifetime: digital.

When so many people in my life were working less during the pandemic, I worked harder than ever before because everything needed one thing: digital.

When I matched myself (my product) with digital (my business method), I realized there was no ceiling.

No advertising. No employees calling off. No wasting time in a 9-to-5 model.

As long as my body and the internet are working, so is my bank account.

The only enemy solopreneurs have is themselves. There is nothing holding you back except your own belief in yourself and putting in the work.

The day you start your solopreneur life, you already have a higher profit margin than most business owners around you.

Every dollar you make goes toward your freedom.

When profit margins run high, what you are actually building is a life, not a business.

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