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The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future
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In The $100 Startup, Chris Guillebeau tells you how to lead of life of adventure, meaning and purpose - and earn a good living.
Still in his early 30s, Chris is on the verge of completing a tour of every country on earth - he's already visited more than 175 nations - and yet he's never held a "real job" or earned a regular paycheck. Rather, he has a special genius for turning ideas into income, and he uses what he earns both to support his life of adventure and to give back.
There are many others like Chris - those who've found ways to opt out of traditional employment and create the time and income to pursue what they find meaningful. Sometimes, achieving that perfect blend of passion and income doesn't depend on shelving what you currently do. You can start small with your venture, committing little time or money, and wait to take the real plunge when you're sure it's successful.
In preparing to write this book, Chris identified 1,500 individuals who have built businesses earning $50,000 or more from a modest investment (in many cases, $100 or less), and from that group he's chosen to focus on the 50 most intriguing case studies. In nearly all cases, people with no special skills discovered aspects of their personal passions that could be monetized, and were able to restructure their lives in ways that gave them greater freedom and fulfillment.
Here, finally, distilled into one easy-to-use guide, are the most valuable lessons from those who've learned how to turn what they do into a gateway to self-fulfillment. It's all about finding the intersection between your "expertise" - even if you don't consider it such - and what other people will pay for. You don't need an MBA, a business plan or even employees. All you need is a product or service that springs from what you love to do anyway, people willing to pay, and a way to get paid.
Not content to talk in generalities, Chris tells you exactly how many dollars his group of unexpected entrepreneurs required to get their projects up and running; what these individuals did in the first weeks and months to generate significant cash; some of the key mistakes they made along the way, and the crucial insights that made the business stick. Among Chris's key principles: if you're good at one thing, you're probably good at something else; never teach a man to fish - sell him the fish instead; and in the battle between planning and action, action wins.
In ancient times, people who were dissatisfied with their lives dreamed of finding magic lamps, buried treasure, or streets paved with gold. Today, we know that it's up to us to change our lives. And the best part is, if we change our own life, we can help others change theirs. This remarkable book will start you on your way.
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Audible Audiobook
Listening Length: 8 hours and 14 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Random House Audio
Audible.com Release Date: May 8, 2012
Whispersync for Voice: Ready
Language: English, English
ASIN: B0081CDIGW
Amazon Best Sellers Rank:
The $100 Startup; Reinvent The Way You Make A Living, Do What You Love, and Create A New Future by Chris Guillebeau is a book for those either looking for information on moneymaking ideas as a side hustle or as a main business. The following excerpts from the book; Page 47 covers details on the Grammar Girl podcast, pages 130 and 131 discuss the idea around a launch campaign, pages 160 and 161 feature the topic of self-promotion (or as the author calls is gentle self-promotion), pages 190 and 191 mention about creating a “hall of fame†and “referallsâ€, and page 257 touches on a morning group.
Didn't know what to expect so was pleasantly surprised (probably because the title evoked "get rich fast"). Things I liked: 1) thorough coverage of all things related to conceiving, test driving, launching and growing a micro business. 2) case studies and realistic financials: perfectly highlighted the diverse range of product and services that can be offered through such a model of micro business. The financials are realistic numbers, therefore setting reasonable expectations (hopefully) for people who might consider trying or benchmarking. 3) The discussion about scaling vs. keeping it small is a very interesting one: I liked that the author presented real-life cases for either scenarios for food for thought instead of advocating one or the other (e.g. presenting a single "formula" as the golden rule that all shall follow)--I can see how this particular decision can be case sensitive and there really is no "right" answer as long as it works for the entrepreneur! 4) Keep hearing the term "the gig economy" these days and this book now gives me a window into a world of side-hustle and micro businesses that I was not previously aware of or super interested in. Enjoyed the book a lot, and might be considering trying my hand at some side-gigs. I mean, why not?
I write very few reviews, but this book was so utterly underwhelming I felt compelled to save others their time. The key lesson I walked away with is that if this poorly written, superficial, drivel laden book can land on the New York Times Best Seller list than fear not, you can definitely succeed in whatever your dream job may be. I have two main critiques of this book: 1) it dumbs down every idea and concept to such an elementary school level that its incredibly hard to stay interested. I'm no MBA business nerd, far from it, even so it's still cloyingly base and superficial. I love simplicity and clarity, but there's a difference between getting to a point and having no point at all. This falls on the later for 90% of the content. 2) There are sprinkles of keen insights and valuable lessons in here, but you have to work through dozens of vignettes and pop out boxes that were obviously written with about 5 minutes of preparation, because the vast majority you'll be scratching your head to figure out their point. And finally, a point that never ceased to bring my eyes rolling to the top of my head is the author's ridiculously naive interpretation of what people want with the freedom that comes from self-employment. There is an explicit assumption made abundantly clear throughout the book that we all desperately desire to be world-traveling, apple laptop toting, internet marketers. As a person who has traveled internationally the last ten years for work and now has a young family, I am desperate for the exact opposite lifestyle he purports I should want.I recommend skipping this and getting books that either have much more substance, eg this Start Your Own Business, Sixth Edition: The Only Startup Book You'll Ever Need, or, a this great book I just found that not only is immensely better written but is also more practical and motivating: The Fire Starter Sessions: A Soulful + Practical Guide to Creating Success on Your Own Terms
I found this book to be largely anecdotal and whose primary message was that other people found a variety of ideas for start ups that fit their lives. Although the title suggested very low cost start ups, much of the book was about startups that involved a great deal more funding and even discussed incorporation and starting non-profits. There were a few check-list pages that I may find useful in the future. Otherwise, if you are looking for a truly useful book, I would look elsewhere.
I am a student at University of Baltimore, and this book was assigned to me for my survey Entrepreneurship course. I thoroughly enjoyed “The $100 Startup,†and think it would be very useful for Entrepreneurship students because the reading is straightforward and concepts are easy to follow. Some people believe that it takes at least tens of thousands of dollars to start a business. However, Guillebeau offers a more relatable perspective in “The $100 Startup.†He provides a blueprint on how to produce a quality product or service that consumers will value enough to pay for. What I really enjoyed about the book is that the author interviewed real business owners that met his criteria. This includes a unique business model, using no more than $1000 in startup capital, and no special skills. The business had to have earned at least $50,000 in net income and had to disclose their income. Also the business required fewer than five employees. Part One shares the various reasons why people go into business for themselves and the demographics of the business owner and their customers. The second part of the book outlines various but simple business plans, marketing and launching techniques. The last part focuses on expanding the business into chains, franchises and how to overcome major challenges. Micro-entrepreneurs have been around since the beginning of time, and the concept should not be confused with “get rich quick†schemes. With focus and hard work, it is possible for anyone to work for themselves.
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