Hollywood’s Playbook for Solopreneur Success
Hollywood has a time-tested playbook for creating a blockbuster solo business. Curious? Grab the popcorn and read on.
Picture this: It’s the peak of summer. The air is heavy with anticipation. You detect the aroma of buttered popcorn, and there’s a collective excitement as crowds once again file into movie theaters for the latest blockbuster.
Ever wonder how these masterpieces come into existence? Well, there’s a lot that solopreneurs like you and I can learn from Hollywood.
Now, let’s not get carried away. I’m not suggesting you turn your home office into a maxed-out film set (although, how fun would that be?). Instead, I propose we draw inspiration from the Hollywood Model of operation. It’s time for us to approach our solo companies like we’re assembling an all-star cast and crew for the next summer blockbuster.
Hollywood magic
Hollywood isn’t simply about A-list celebrities and red-carpet premieres. It’s a complex, collaborative, and nimble beast. When a film is in the making, a producer gathers a hand-picked crew of star talents — screenwriters, directors, cinematographers, actors, and many others. Each brings unique expertise, contributing to the shared goal of producing a captivating film.
Once the final cut is ready and the premiere night is over, the team disbands, moving on to their respective next ventures. Some of these talented individuals might pair up again, like our beloved dynamic duo, Steven Spielberg and George Lucas, while others will form new collaborations.
Sound familiar?
Solo, together
The Hollywood Model aligns surprisingly well with the operations of solopreneurs. Enter the virtual company of solo professionals: individuals who maintain their independent status while coming together to create something far beyond what they could have accomplished alone. This group may present as a large company offering a spectrum of goods and services to the outside world. However, those on the inside understand it’s really a symphony of collaborative independent efforts.
For instance, consider a virtual team of solo marketing professionals. One has a knack for crafting compelling narratives. Another brings eye-catching graphic design. Yet another is a whiz at strategizing and managing financial details. Independently, they’re skilled professionals. Together, they offer a comprehensive, full-service solution to their clients.
A squad of specialized equals
Even if you aren’t envisioning your solo business expanding into a larger virtual company, there’s undeniable value in forging alliances with a squad of independent specialists.
The Hollywood Model assembles a temporary team of best-in-class professionals for creative collaboration.
Collaborating with a team of solo specialists is akin to an award-winning ensemble cast. Each member elevates the performance of the others, creating a memorable cinematic experience. Much like how ensemble casts contribute to the richness and complexity of a story, your solo squad can bring depth and diversity to your venture.
Better with time
I’ve been writing about the Hollywood Model since the early 1990s, and over time it’s been adopted and refined by many solopreneurs. What’s changed the most? Today digital technology links distant collaborators seamlessly. Plus, as you partner more frequently with a regular squad, you understand and can play to each person’s strengths.
By adopting this Hollywood model, solo professionals like us can create a perfect harmony of diverse skills, delivering a superior solution for our customers. Your solo venture may remain solo at heart, but by embracing a teamwork spirit and process, it can achieve larger success.
Just as in a great film, the combination of talents and efforts leads to a truly unforgettable performance. And that, my friends, is the real secret behind achieving blockbuster success.
Until next week — make something happen!
Terri
" a symphony of collaborative independent efforts." — I think this phrase best captures the heart of this piece. I love how one can maintain their independence while collaborating with others. Would you say it's similar to outsourcing those tasks that you think others can handle better?
I also had another question.
Do you think one should dive straight into solopreneur-ship or should one get some corporate experience before taking the plunge?