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7-Figure Business Ideas for Service-Based Solopreneurs (+ Tips for Success)

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I’ve been a remote solopreneur since 2005, building multiple seven-figure businesses. But I did all that without the traditional growth playbook of hiring large teams, securing venture capital, or working myself to exhaustion.

A million-dollar business isn’t the flex. A business that funds your freedom, with no meetings and no burnouts? That’s the real win.

Most aspiring entrepreneurs dream of million-dollar businesses but overlook the countless meetings, employee challenges, and stress that often accompany traditional business growth. There’s a better way to reach seven figures—one that preserves your autonomy, creativity, and well-being.

In this guide, I’ll share 7-figure business ideas for service-based business models that can realistically scale without requiring you to build a large team or sacrifice your quality of life.

What does a 7-figure business mean?

When most people think about a seven-figure business, they immediately picture lavish offices, dozens of employees, and constant investor meetings. But that’s just one version of success—not the most fulfilling.

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I’d rather see clients build a calm $1M solo business they love than a stressful one that owns them.

An actual seven-figure business for a solopreneur means something different. It’s about creating substantial revenue with minimal overhead, maximum autonomy, and systems that work while you rest.

I call the traditional path the “hollow revenue” because it has impressive top-line numbers with razor-thin margins. For solopreneurs, a seven-figure business means building something with extraordinary leverage

You’re not just selling your time—you’re creating systems, intellectual property, and service models that generate revenue whether you’re actively working or not.

The most sustainable seven-figure solopreneur businesses share these characteristics:

  • High margins: Typically 70% or higher profit by keeping overhead low and charging premium rates
  • Minimal permanent staff: Leveraging fractional talent when needed for specialized tasks
  • Strong positioning: As a premium service provider, they can command higher fees through expertise and results
  • Robust systems and processes: This enables consistent client delivery without requiring the founder’s constant involvement
  • Location and schedule independence: This allows you to work when and where you choose

When built correctly, these businesses provide more than multiple income sources—they provide freedom. You control when you work, who you work with, and how you deliver value while maintaining a healthy personal life.

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7-figure ideas are often just 6-figure ideas with leverage, trust, and time. Don’t overthink the starting point.

Examples of 7-figure business ideas

Let’s look at concrete examples of service-based businesses that business owners can scale to seven figures without building large teams or sacrificing their lifestyle:

1. GTM consultant

A Go-To-Market (GTM) consultant helps companies develop and implement strategies to bring products or services to market. With the right positioning and selection of the right target customer, this role can easily command $20,000-$50,000 per engagement.

What makes this scalable to seven figures is working with premium clientele like funded startups or established companies with dedicated budgets for GTM initiatives. Successful consultants do the following: 

  • Create packaged methodologies
  • Develop signature systems for analyzing market opportunities and entry strategies.
  • Combine hands-on advisory work with templates, frameworks, and recorded training

2. Fractional C-suite roles

Fractional C-suite roles have exploded in popularity as companies seek experienced leadership without the cost of full-time executives. These positions typically command $10,000-$30,000 per month per client engagement. Here are a few examples:

  • Chief Operating Offer (COO)
  • Chief Marketing Officer (CMO)
  • Chief Commercial Officer (CCO)
  • Chief Financial Officer (CFO)

They usually develop a specialized industry focus, becoming the go-to fractional leader for a specific sector like SaaS, healthcare tech, or fintech. In addition to tiered service models, they use complementary offerings such as workshops, audits, or specialized assessments to create new revenue streams.

3. AI consultant

With the rapid advancement of artificial intelligence, companies need specialists who can help them implement AI solutions effectively. High-end AI consultants can command $15,000-$40,000 per project.

Scaling to seven figures as an AI consultant requires niche specialization. So, you need to focus on specific applications like generative AI for content creation or predictive analytics for particular industries. 

The most successful consultants create implementation frameworks that are repeatable systems for assessing needs, selecting tools, and measuring results. They also develop knowledge products such as training programs and implementation guides that clients can purchase alongside consulting services.

4. Product development advisor

Companies often need expert guidance when developing new products or services. A specialized product development advisor can charge $15,000-$50,000 per product initiative.

The seven-figure approach for product development advisors involves creating a stage-based methodology with distinct packages for different phases:

  • Concept development
  • Prototyping
  • Market validation
  • Product scaling

Top advisors also excel at workshop facilitation, developing high-ticket workshops for product teams to advance their thinking and planning. However, you can also establish ongoing advisory retainers with companies developing multiple products, which creates predictable recurring revenue while delivering consistent value.

5. Executive coach

Executive coaching remains one of the most lucrative service businesses, with top coaches commanding $5,000-$15,000 per month per client.

Most coaches start by developing a selective client roster, working with high-performing executives who can demonstrate clear ROI from coaching. They also create group coaching programs, designing exclusive mastermind or group experiences that leverage their time across multiple clients. 

When they have enough experience, they develop proprietary assessment tools and frameworks that help quantify progress and results.

The best service-based seven-figure businesses aren’t built on volume but on value

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The best business ideas start with service, not scale. Help 10 people deeply, and you’ll unlock the insights that help 10,000.

How can you grow your solopreneur business to 7 figures?

We’ve established a seven-figure business for a solopreneur and explored some viable business models. 

So, let’s look at how you can do that realistically:

1. Start as a side venture

Many successful seven-figure solopreneurs begin their journey while they’re still employed. This approach reduces financial pressure and allows you to refine your offering before going all-in.

You can test your positioning, pricing, and delivery methods with real clients while maintaining financial stability. This runway often leads to more thoughtful business development rather than desperate client acquisition.

Several clients in my mentorship community spend months building the base—working nights and weekends before going full-time with their venture.

2. Focus on services and consulting

While digital products and online courses are often touted as the path to passive income, starting with services provides immediate revenue and solid market insights. Direct client work reveals the precise problems worth solving and the language your market uses to describe their challenges.

Services create cash flow that can fund your future scalable offerings. More importantly, they put you in direct contact with your ideal clients, helping you understand their needs at a depth that no market research can match. This proximity gives you the knowledge to later create products and systems that truly resonate.

3. Hone in on one Lighthouse Client

Instead of casting a wide net, identify and pursue one perfect client that exemplifies your ideal customer profile. I call these “Lighthouse Clients” —they illuminate the path forward by showing you exactly what works.

A Lighthouse Client is not just any customer. They perfectly embody who you want to serve: they have the right problem, budget, respect for your solution, and potential for a long-term partnership. Once you find success with this client, you can replicate the approach with similar businesses.

You won’t dilute your expertise across different industries or problems. When you concentrate on serving one ideal client type exceptionally well, you develop specialized knowledge that justifies premium pricing and creates natural referrals.

4. Develop repeatable systems

Scaling to seven figures requires moving beyond custom solutions for every client. Create standardized processes, templates, and methodologies that deliver consistent results while requiring less of your direct time.

I teach my clients the DTA framework: Document → Template → Automate. First, document every process in your business, from client onboarding to delivery. Next, transform these processes into templates that can be reused. Then, automate as many steps as possible using tools like Zapier, Notion, and other no-code solutions.

Document-template-automate framework
Document-template-automate framework

5. Position yourself as a premium consultant

Seven-figure solopreneurs don’t compete on price—they compete on expertise, results, and specialized knowledge. Positioning yourself as a premium provider is essential for commanding the fees required to reach seven figures without burning out.

This positioning requires more than just raising your rates. You need case studies that showcase the real results you’ve achieved through your unique approach. 

It also means saying no to clients who aren’t a perfect fit, even when revenue is tempting.

When you solve problems worth millions to your clients, charging six figures for your solutions becomes reasonable.

6. Specialize with a hyperspecific offer

Generic service providers struggle to command premium rates. The path to seven figures often involves becoming the go-to expert for a very specific problem or a particular type of client.

Rather than being a “retention consultant,” become "the customer retention specialist for SaaS companies with 10,000+ users." Instead of offering "leadership coaching," focus on "succession planning for family-owned manufacturing businesses."

This hyperspecialization makes your marketing more effective, your sales conversations easier, and your delivery more efficient. It also dramatically reduces competition, as few others will have your exact focus and methodology.

7. Develop tiered service offerings

Creating multiple service tiers allows clients to enter your ecosystem at different price points while providing natural upsell opportunities. A well-designed service ladder might include:

An entry-level diagnostic or assessment A core service offering A premium "done with you" option A high-end "done for you" package

Example of an offer portfolio
Example of an offer portfolio

This approach creates flexibility for clients while maximizing your revenue potential. It also provides multiple paths to reaching your revenue goals. You can serve more clients at lower tiers or fewer clients at higher tiers, depending on your preferences and capacity.

8. Focus on selling outcomes, not services

Clients don’t buy consulting, coaching, or fractional leadership – they buy outcomes. Reframing your offering around the results you deliver rather than the services you provide transforms how prospects value your work.

Instead of selling "marketing strategy sessions," sell "a predictable pipeline of qualified leads." Rather than offering "process consulting," promise a "30% reduction in operational costs within six months."

This outcome-focused approach justifies higher fees and attracts clients who value results over activities. It also shifts the conversation from hourly rates to the value of the transformation you provide.

9. Price based on value, not time

The most significant limiting factor in scaling a service business is time-based pricing. Hourly and day rates directly correlate with your time and income and place a firm ceiling on your earning potential.

Value-based pricing breaks this constraint by aligning your fees with the outcomes you deliver rather than the time you invest. When a client stands to gain $1 million from implementing your strategy, a $100,000 fee represents tremendous value regardless of whether it takes you 20 hours or 200 hours to deliver.

This approach requires a deep understanding of your client’s business and the ability to quantify the impact of your work. It also demands confidence in communicating your value proposition. But mastering value-based pricing is often the difference between a comfortable six-figure business and a thriving seven-figure one.

10. Document and systemize your processes

As your business grows, you’ll need to capture your expertise in systems and processes that can be leveraged beyond your personal capacity. Think of it as an asset that gives you returns in terms of time and money.

Create playbooks for every aspect of your business—from lead generation to client onboarding to service delivery. These playbooks should be detailed enough that someone else could follow them to achieve similar results.

This systemization serves multiple purposes. It allows you to delegate or automate parts of your work. It creates consistency in your client experience. And most importantly, it transforms your knowledge into assets that can be packaged, licensed, or sold as separate offerings.

11. Don’t go at it alone

The final piece of building a seven-figure solo business is counterintuitive: don’t do it alone. While you may not need employees, you need a community of expert peers who understand your journey and can provide support, accountability, and expertise.

The right community provides practical advice from those who have already solved your problems. It offers opportunities for collaboration and referrals. It also surrounds you with others who normalize high achievement without the traditional trappings of success.

I created my community of high-performing solopreneurs partly for this reason. When everyone around you is building calm, profitable seven-figure businesses on their own terms, it stops seeming impossible and starts seeming inevitable.

Building a 7-figure business is not impossible anymore

A 7-figure entrepreneur (or solopreneur) doesn’t always require venture funding, a large team, or working yourself to exhaustion. Instead, it requires clarity about why you’re building your business in the first place. And then you can use that clarity to create maximum value for clients—and minimum complexity for yourselves.

I’ve seen too many entrepreneurs achieve revenue goals only to discover they’ve built a prison rather than a pathway to freedom. They have a seven-figure business but miss the true rewards of entrepreneurship: control over their time, creative autonomy, and the ability to make an impact on their terms.

But the beauty of the approach I’ve outlined is that you don’t have to choose. You can build a seven-figure business that funds your freedom rather than consuming it.

If you’re to take the next step, subscribe to get a free blueprint to get started:

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About the Author

Hey, I'm Ken. I've been running online businesses since 2005. My work has been featured by Apple, WSJ, Levi's, and reached millions of people.

After scaling my remote agency to $5M, I'm now helping entrepreneurs grow without big payrolls with offers, sales, and proven systems.

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