3 Huge Mistakes Solopreneurs Over 50 Make
How to succeed faster on your solopreneurship journey
Hi, wise adventurer!
Success is never straightforward.
I made many mistakes on my solopreneurship journey. It’s part of the process.
When I work with some solopreneurs, they make exactly the same mistakes. These mistakes are predictable and avoidable, and I will show you exactly how to skip them.
Our greatest strengths - decades of experience, attention to detail, and high standards - can sometimes become our biggest hurdles in the digital world.
We tend to overthink, over-plan, and overcomplicate things that could be simple.
But here's the truth: Your experience is an advantage, not a liability. You don't need to master every new digital tool or spend months perfecting your offer. You just need to avoid these three crucial mistakes that I see solopreneurs over 50 make repeatedly.
In this post, I'll show you exactly what these mistakes are, why they happen, and, most importantly - how to avoid them so you can build your online business faster and with less stress.
Ready to learn from others' mistakes instead of making them yourself?
Let's dive in.
Not building your email list
Everyone focuses on creating content and driving traffic, but they do not catch the email addresses and get them on an email list.
Huge mistake! Why? Because the email list is your most valuable business asset.
You own an email list, have control over communication with your audience, and make about 90 % of your income from it.
Even with millions of followers on social media, you can lose them overnight. Only a tiny percentage of your followers see your content. The simple truth is that you have no control over your business without an email list.
So stop trying to be popular and start building your business foundation. Likes are not cash, and only monetizing your knowledge will allow you to gain freedom.
Whether you sell an information product or are in e-commerce doesn't matter. Regardless of your niche, you must get people from traffic (whether organic or paid) to your email list.
And once you have an email list, write a newsletter. The worst thing is to build an email list without any communication. But it’s not about just sending offers every day.
You must educate, solve problems, and entertain your audience.
Building an email list on Substack is much easier than building one on the other platforms, as you don't need a lead magnet. The largest factors in growth are:
writing Notes
engaging with other creators (likes, comments, shares, and messaging)
I wrote the exact strategy for growing your Substack email list here.
Success Strategy
Consistent engagement
Understanding Substack's analytics
Using opportunities for collaborations
Tracking what works for your audience
Becoming familiar with all features in the Substack community
Taking too long to launch your first offer
I get it - you have so much experience, but you are not sure how to package it.
That is completely normal. Most people wait for too long to launch their first offer. They go into analysis paralysis. And they spent too much time and effort on non-important matters.
Why We Delay (And Why It Hurts Us)
The reasons for delay often run deeper than simple procrastination. For solopreneurs over 50, these delays typically stem from:
Perfectionism Born from Experience After decades of professional experience, we've developed high standards. While this attention to detail served us well in our careers, it can become a liability in the fast-moving digital world.
Your first offer doesn't need to capture all your expertise – it just needs to solve one specific problem well.
Fear of Digital Judgment Many of us didn't grow up with social media and online business. The fear of public criticism or digital "permanence" can feel overwhelming.
But here's the truth: most successful online entrepreneurs look back at their first offers with a mixture of embarrassment and pride. It's part of the journey.
The "More Research" Trap "Just one more course." "Just a bit more preparation." Sound familiar? While continuous learning is valuable, avoiding launching can become a comfortable excuse.
The real learning begins when you put your offer out into the world.
The Real Cost of Waiting
Let's talk numbers. If you plan to offer a modest $97 mini-course and delay launching for six months, that's not just six months of lost income. Here's what you're really losing:
Potential Revenue: $2,910 (assuming just 5 sales per month)
Market Feedback: 30 clients who could help shape your future offers
Momentum: 6 months of building confidence and credibility
Learning Opportunities: Countless insights about what your market actually wants
Your "Good Enough to Launch" Checklist
Instead of aiming for perfection, aim for "good enough to launch." Here's your minimalist launch checklist:
One Clear Problem: Your offer solves one specific pain point
Basic Solution Framework: Your step-by-step approach outlined
Simple Delivery Method: This could be as basic as Zoom calls and PDF worksheets
Clear Promise: What specific outcome can clients expect?
Basic Sales Page: Just the essential information
Price Point: Chosen and stated clearly
Payment Method: Set up and tested
Delivery System: Ready to welcome first clients
Your Permission Slip
Consider this your official permission slip to launch before you feel ready. Your decades of experience mean you already have valuable knowledge to share. Your first offer won't be your best offer – and that's exactly as it should be.
Remember that every day you wait is a day someone who needs your expertise is struggling without it.
They don't need your perfect solution.
They need your help now.
Action Steps
Take out your calendar right now
Block out two weeks for your launch
Write down your "good enough" specifications
Tell one person about your launch date
Start with Day 1 of the launch plan tomorrow
The best time to launch was six months ago. The second best time is now.
Your experience, even imperfectly packaged, is worth more to your ideal clients than your perfected offer that never sees the light of day.
Success Strategy
Focus on solving one problem well
Keep your first offer simple
Set a firm launch date
Get feedback from actual clients
Improve based on real experience
Overcomplicating Tech Setup Instead of Starting Simple
One of the biggest roadblocks for solopreneurs over 50 is getting tangled up in technology. I've seen countless aspiring business owners spend months (and thousands of dollars) setting up complex systems before making their first dollars.
Let's break down how to avoid this common trap.
The Technology Overwhelm Spiral
Here's a familiar scenario: You start researching what you need for your online business, and suddenly, you're drowning in options:
"You need a CRM system!"
"Set up automated webinar funnels!"
"Install this course platform!"
"Get these five automation tools!"
"Don't forget about project management software!"
Before you know it, you spend more time learning tools than serving clients. This is especially frustrating for our generation, who often prefer focusing on substance over digital bells and whistles.
The Real Truth About Tech Needs
Here's what you actually need to start making money online:
A way to communicate with potential clients
A way to deliver your service
A way to accept payment
That's it. Everything else is optional.
Your Minimalist Tech Stack to Start
Essential Tools (Start Here):
Email Capturing Platform: You're already on Substack, so that's your newsletter platform sorted.
Calendar: Google Calendar or Apple Calendar for scheduling
Payment Processing: PayPal or Stripe
Video Calls: Zoom (free version to start)
Document Creation: Google Docs, Microsoft Word or Notion
Success Strategy
Start with minimal tools
Add technology only when profitable
Focus on serving clients first
Upgrade when you have proof of concept
Keep your systems simple
Simplicity always wins.
👉 Tell me in the comments: What mistakes did you make on your solopreneurship journey?
P.S.
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This was a great article Jerry and you definitely hit on the major areas that keep us stuck. For me it was I don't know enough - I just don't know enough. I was always researching more and believed I needed more information. Eventually you just have to pull the trigger.
Great article, Jerry. I've been building my email list for 2.5 years and I've been writing online for four years, so I've got plenty of material. Creating the first product was my stumbling block, but I'm doing it now (I'm halfway through a short course on How to Engage Adults in a Training Session).
And the tech! It does take a while to learn but I'm getting there, bit by bit!