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Solopreneur vs entrepreneur

The difference between a solopreneur and an entrepreneur: team, goals, funding, risk and income, and how to choose.

Short answer: every solopreneur is an entrepreneur, but not every entrepreneur is a solopreneur. A solopreneur runs a business alone by design. An entrepreneur usually builds a company with a team, often aiming to scale or sell.

SolopreneurEntrepreneur
TeamJust you, plus contractorsEmployees, co-founders
FundingSelf- or revenue-fundedOften investors or loans
GoalProfit, independenceGrowth, market share, exit
RiskLower capital riskHigher, with higher potential upside
BottleneckYour timeCapital, hiring

Solopreneur vs freelancer

A freelancer sells their time to clients. A solopreneur may freelance, but also builds things that don't need their hours, such as products, media or software. Many start as freelancers.

Which should you be?

Stay solo if you value control and low overhead and one person with tools can deliver your idea. Build a team if the opportunity needs more hands, capital or speed than you can supply alone.

Frequently asked questions

What is the difference between a solopreneur and an entrepreneur?
A solopreneur runs a business alone; an entrepreneur typically builds a company with employees.
Is a solopreneur a freelancer?
Not necessarily. Freelancers sell services, while solopreneurs may also sell products, media or software.
Update history
  • : first published; figures checked against the sources listed.

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