4 Differences Between Solopreneurs and an Entrepreneur Working AloneIt isn't unusual for an entrepreneur to single-handedly launch a business. Solopreneurs won't have it any other way.

ByJohn Rampton

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

"Solopreneur" isn't a brand-new term but it has definitely become more relevant in recent years. The word is easily interchanged with the word "entrepreneur," but there are distinct differences. As an increasing number of professionals choose to start a business with no intention of ever adding staff, solopreneur is likely a term that will only grow in popularity.

The differences between solopreneurs and entrepreneurs can be subtle, especially since some entrepreneurs work alone until they can build their businesses enough to make a team. However, those who choose solopreneurship over entrepreneurship without plans to change have distinct differences.

Solopreneurs don't wait for a buyout.

An entrepreneur works hard to build his business but he isn't quite as attached to the concept as a solopreneur. Many, but not all, entrepreneurs build their businesses with at least a small hope that a much larger company, like Google, will come along and offer millions of dollars for it once it grows. At that point, he could easily move on to the next great venture.

Of course, many entrepreneurs have turned down buyout offers to continue pursuing a passion, so this isn't a defining difference. However, a large divide between the two may come when an entrepreneur can run a variety of businesses over the course of his career, while a solopreneur tends to work at one thing consistently.

Related:The Difference Between a Solopreneur and a Side-Gigger (Infographic)

Entrepreneurs put a face to a company.

While a solopreneur tends to spend hours working hard to build his business, an entrepreneur frequently prefers to be out making connections and getting the word out about his or her business. An entrepreneur may be perfectly happy doing that and that alone, leaving his team behind to do the work.

Solopreneurs can be great networkers, as well. One major difference is that an entrepreneur may be more comfortable spending all day at a variety of networking opportunities and client meetings, while a solopreneur is content simply doing the work.

Related:Where to Find a Community If You're a Solopreneur

Entrepreneurs are managers.

When someone is an entrepreneur at heart, even as a solopreneur, he's waiting for the day when he can build his team. He may even begin working with freelance workers and virtual assistants to delegate his work. He is comfortable leading a team of people toward a defined goal.

Solopreneurs, on the other hand, likely are in no rush to hire an employee to manage. Even if the day comes when they must outsource work or bring in a team member, a solopreneur may find himself pitching in and doing the vast majority of the work himself. He may even have a hard time letting go of tasks, since he simply wants to jump in and work hard to grow his business.

Related:Managing a Growing Startup? 4 Ways to Keep Your Criticism Constructive

何时是工人。

While entrepreneurs can work harder than anyone they know, a solopreneur is a worker by his very nature. If a task needs to be done, his first thought is to roll up his sleeves and start working. For this reason, this new generation of freelance workers and sole proprietors have emerged, with professionals content to run a one-man shop with no intention of bringing another person on.

Entrepreneurs, on the other hand, have no trouble delegating, even if they have to delay that process until they have enough money to bring additional workers on. They realize the sooner they can delegate tasks like billing, web development and database management, the sooner they can focus on building and growing their businesses.

Related:8 Tasks You Should Delegate Today

The distinction between a solopreneur and entrepreneur can be difficult to see, especially since so many entrepreneurs start out working alone. But the mindset of a solopreneur and entrepreneur are subtly different and noting those differences can help professionals determine the long-term direction they'll take with their businesses.

I've met some of the best solopreneurs in the world. They make some of the best partners. Know which type of an "preneur" you are so that you can best find how to work with yourself and others.

Related:Solopreneurs Should Resolve to Focus on Growth and Efficiency to Prosper in 2015

Wavy Line
John Rampton

Entrepreneur Leadership Network VIP

Entrepreneur and Connector

John Rampton is an entrepreneur, investor and startup enthusiast. He is the founder of the calendar productivity tool Calendar.

Editor's Pick

Related Topics

Business News

'Soul Crushing': Internet Sleuths Notice Something Is Very Off With This Condo Listing

From the grey carpets to the fluorescent lights, it's obvious that this home was not always a home.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Green Entrepreneur

Phoenix Has Hit 110 Degrees for a Month, But This One Invention Is Cooling Things Down a Tad

For the Arizona city amid a record-breaking heat wave, cool surfaces bring a modicum of relief.

Business News

'Awful Advice': Barbara Corcoran Slammed For 'Tone Deaf' Business Advice to Interns

The "Shark Tank" star shared tips on social media about how interns can increase their chances of getting hired full-time, but the public reaction didn't go as planned.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business News

'This Is My Life Now': Man Hysterically Documents Elon Musk's 'X' Sign Blaring Flashing Lights Into His Bedroom Window

The sign, reportedly put up without a permit, is shining bright at X HQ in San Francisco.