Subscribe to Entrepreneur for $5

The Future Of SOHO

What forces are shaping tomorrow's homebased entrepreneur?

This story appears in the December 2000 issue of

Take a look in the home office of Kevin Karten. Six years ago, the former investment banker ditched the steady paycheck, camaraderie and relative stability of the corporate hive to go it alone, starting a homebased general contracting business in Hollywood, Florida.

Today, his home office has 10 lines for phones, faxes and modems, flexible hours plied from a custom workspace, and more than enough business to keep his income higher than the average national homebased business household figure of $63,000 a year. Kevin's wife, Alisa, left her post with an international public relations firm to launch her own consulting firm and watch their two children from home. Even their bookkeeper quit her job with a Big Six accounting firm to go freelance.

Memorial Day Subscription Sale- Unlock this subscriber exclusive article and more for 20% off today.

Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.

Get a year subscription today for 20% off. Just use code SAVE20 at checkout.

Entrepreneur Editors' Picks