Going It Alone: America’s Top 15 Hubs For Solo Entrepreneurs

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

Editor’s note:  A big congrats to Allentown, Pennsylvania’s third largest city and metropolitan area, for being the only Pennsylvania city on the list.  Big things are going on in the Lehigh Valley, making us Pennsylvania Proud :).

Solopreneurs (a mash-up of the words “solo” and “entrepreneurs”) may freelance, consult, coach, offer services or sell products. The defining characteristic is that whatever they do, they do it without the help of a single employee. And that means they do everything, from product design to marketing to customer service, whether it’s fun or not.

$1 Trillion in Revenue
No matter what they make, sell or do, solopreneurs are becoming more common. In 2012, the latest year for which data is available, the U.S. economy had a total of 22.7 million solo businesses, a gain of almost 245,000 from 2011. Those businesses had total revenue of $1 trillion (yep, trillion) in 2012, up from $41.3 billion in 2011.

These statistics made us wonder. Where is solopreneurship especially popular? Where is it boosting the local economy? Where are solopreneurs reaping the most financial rewards?

See the list and read more: http://blog.sparefoot.com/6384-top-places-for-solo-entrepreneurs/