"Company of One" - Why Staying Small is Your Strategic Advantage
The online business world wants you chasing growth, scale, and seven figures. Paul Jarvis isn't having it. And neither should you.
Here's what's refreshing about Company of One: Paul Jarvis spent years building a successful one-person consulting business. No team. No office. No venture capital. No "scale or die" pressure.
He made good money, controlled his time, and never had to manage anyone.
Then he wrote a book explaining why this approach is strategically superior to building an empire—especially for corporate professionals trying to close a retirement gap.
No guru nonsense. No growth-at-all-costs hype. Just a calm, logical case for why staying small and profitable beats scaling and stressed.
The Problem With "Growth" as the Default Goal
Every piece of online business advice assumes you want to scale. Build a team. Manage people. Raise capital. Hit seven figures. Become the next big thing.
But here's the question nobody asks: Why?
If you're a 48-year-old director trying to close a $300K retirement gap, do you actually need to build a seven-figure consulting empire? Or do you just need to generate $50K-$100K annually in supplementary income while keeping your day job?
The math is simple. A $300K gap at 4% withdrawal rate requires $7.5 million in assets. If you invest $75K annually for 10 years at 8% return, you build approximately $1.1 million. Not the full gap, but a massive improvement.
You don't need an empire. You need discipline and consistency.
Jarvis shows you why the pressure to grow, scale, and hire is often ego-driven rather than economically rational. Especially when your goal is retirement security, not Forbes coverage.
The Core Philosophy: Better Before Bigger
Jarvis's entire framework rests on one question:
"What if you focused on getting better instead of getting bigger?"
This is the reframe corporate professionals need.
You don't need more clients. You need better clients who pay premium rates for specialized expertise. You don't need a team. You need systems that let you deliver value without burning out. You don't need to quit your job. You need to build supplementary income that compounds toward financial independence.
Better pricing. Not more projects at lower rates, but fewer projects at premium rates that reflect your 15+ years of corporate experience.
Better boundaries. Clear scope, defined deliverables, no scope creep. You're selling outcomes, not hours.
Better clients. Companies that value expertise over discounts, results over activity, strategic thinking over task execution.
This is how you build $50K-$100K in part-time income without sacrificing your corporate career or your sanity.
Why This Matters When You're Trying to Close Your Retirement Gap
Let's be direct about your situation.
You're not 25 with unlimited time and energy to build a startup. You're 40-60 with a demanding corporate job, family responsibilities, and a retirement timeline that's getting uncomfortably short.
You don't have time to waste chasing the wrong goals.
The "Scale to Seven Figures" Path (What Everyone Sells You):
- Quit your $150K corporate job to "go all in"
- Build a team (payroll, management headaches, overhead)
- Raise capital or bootstrap with savings
- Work 70-hour weeks trying to scale
- Compete in crowded markets on marketing and volume
- Maybe hit seven figures in 3-5 years (or fail and be broke)
Risk level: Extremely high. Most likely outcome: Financial disaster.
The "Company of One" Path (What Actually Works for Professionals):
- Keep your $150K corporate job (security, benefits, 401k)
- Build part-time consulting offering (6-8 hours/week)
- Serve 3-5 clients at premium rates ($15K-$30K per project)
- Generate $50K-$100K annually in supplementary income
- Invest that income using index fund strategy
- Build retirement assets while maintaining career stability
Risk level: Low. Most likely outcome: Financial security.
One path bets everything on becoming the next big thing. The other path strategically builds the retirement security you actually need.
Jarvis shows you why the second path is smarter, more sustainable, and far more likely to succeed.
The Key Concepts That Change Everything
This isn't a book full of theory. Jarvis breaks down specific strategies for staying small and profitable:
Resilience over growth: Small businesses survived COVID better than venture-backed startups burning millions monthly. When you have low overhead and strong client relationships, you're resilient. When you're chasing growth at all costs, you're fragile.
Autonomy as the goal: You're not building Encore Income to trade one boss for another (clients, investors, employees). You're building it to increase autonomy and financial security. Growth often reduces autonomy. Staying small preserves it.
Efficiency before expansion: Before you take on client #6, make sure you can deliver exceptionally well to clients #1-5. Better systems, better processes, better results. That's what justifies premium pricing.
Questioning every assumption about "should": You "should" hire. You "should" scale. You "should" raise capital. Says who? What if you systematically question every "should" and only do what actually serves your goals?
Example from the book:
Jarvis profiles a consultant who was told he needed to hire to grow. Instead, he got better at saying no to non-ideal clients, raised his rates 40%, and reduced his client load. Revenue stayed flat. Profit increased 60%. Stress dropped dramatically. Retirement savings accelerated.
That's the power of better before bigger.
How This Connects to Your Freedom Number
If you've calculated your Freedom Number, you know your retirement income gap. Let's say it's $3,000/month, or $36,000/year.
Using the 4% rule, you need to build approximately $900,000 in assets to generate that income.
The "Company of One" approach directly impacts how fast you close that gap:
The Math on Staying Small and Profitable:
- 3-5 premium clients at $20K-$30K per project
- Annual supplementary income: $60K-$100K
- Time investment: 6-10 hours/week (part-time)
- Keep corporate job: Stability + benefits + 401k
- Invest supplementary income: Index funds, consistent contributions
- Build $900K in assets: Approximately 8-12 years
That's how you close your retirement gap without gambling your career.
You don't need to scale. You need to execute consistently over time. Jarvis shows you how.
What I Like About This Book
Jarvis doesn't just make the case for staying small—he backs it up with research, case studies, and his own experience.
He's not anti-business. He's anti-growth-for-growth's-sake. There's a huge difference.
The book directly challenges the toxic hustle culture and "scale or die" mentality that's destroyed countless professionals' financial security. It gives you permission to build a profitable, sustainable business that supports your life instead of consuming it.
And unlike most business books that assume you want to build an empire, this one assumes you want financial security, autonomy, and the freedom to work on your own terms.
That's exactly what corporate professionals building Encore Income need.
What I Don't Like
I'll be honest about the limitations.
Jarvis is a designer/developer by background, so some of his specific examples skew toward creative fields. Corporate professionals will need to translate his principles to consulting, advisory work, or expertise-based services.
Also, the book is light on specific tactics for client acquisition. It's more philosophy than playbook. You'll need to combine this with books like The Win Without Pitching Manifesto for the positioning piece and Million Dollar Consulting for the pricing piece.
But these are minor quibbles. The core philosophy is sound and directly applicable to building supplementary income.
The Bottom Line
Is this book going to make you a millionaire overnight? No.
Is it going to give you a magic formula for instant success? Also no.
But will it give you permission to ignore the growth-at-all-costs nonsense and build a profitable, sustainable, part-time business that actually closes your retirement gap?
Absolutely.
If you're tired of being told you need to quit your job, scale fast, and build an empire, this book is your antidote.
Stay small. Stay profitable. Stay sane. Close your retirement gap.
That's the Company of One approach. And for corporate professionals building Encore Income, it's exactly what you need.
Get the Book
Company of One: Why Staying Small Is the Next Big Thing for Business by Paul Jarvis
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Know Your Number Before You Build
Before you start building your Company of One, calculate your Freedom Number so you know exactly what retirement income gap you're trying to close.
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Take the Assessment (Free)Fortune favors the bold. But fortune also favors those who ignore the pressure to scale and focus on building what actually matters: financial security on their own terms.
— Scott Fulbright
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