Book Byte #17 "The $100 Startup" by Chris Guillebeau

Reinvent the Way You Make a Living, Do What You Love, and Create a New Future

📣 Curious Quotes from the Author:

“Don’t waste your time living someone else’s life.”

“Value is created when a person makes something useful and shares it with the world.”

“Plans are only good intentions unless they immediately degenerate into hard work.”

“think more about what people really want than about what you think they need.”

“A desk is a dangerous place from which to view the world.”

“Good things happen to those who hustle.”

“To succeed in a business project, especially one you’re excited about, it helps to think carefully about all the skills you have that could be helpful to others and particularly about the combination of those skills.”

“The new reality is that working at a job may be the far riskier choice.”

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“As you begin to think like an entrepreneur, you’ll notice that business ideas can come from anywhere.”

“If you make your business about helping others, you’ll always have plenty of work.”

“Value means helping people. If you’re trying to build a microbusiness and you begin your efforts by helping people, you’re on the right track. When you get stuck, ask yourself: How can I give more value? Or more simply: How can I help my customers more?”

“Find out what people want, and find a way to give it to them. Give them the fish!”

“Scott Adams, the creator of the Dilbert comic series, explains his success this way: I succeeded as a cartoonist with negligible art talent, some basic writing skills, an ordinary sense of humor and a bit of experience in the business world. The “Dilbert” comic is a combination of all four skills. The world has plenty of better artists, smarter writers, funnier humorists and more experienced business people. The rare part is that each of those modest skills is collected in one person. That’s how value is created.”

“Ask three questions for every idea: a. How would I get paid with this idea? b. How much would I get paid from this idea? c. Is there a way I could get paid more than once?”

“The missing piece is that you usually don’t get paid for your hobby itself; you get paid for helping other people pursue the hobby or for something indirectly related to it.”

📚 Cognition of the Book’s Big Idea:

Venturing beyond traditional employment and establishing your own microbusiness is more attainable than you might believe. Explore your hobbies and skills to identify where they align with the needs of your target audience...

Emphasize delivering value in both your product or service and your marketing efforts, then take the plunge. As you proceed, you have the opportunity to enhance your profits.

🛠️Fixing the Tech Industry

It doesn’t matter how good of a Job you have in the Tech Industry, start a side hustle. It costs next to nothing to solve most problems. This book is full of 50 Stories of entrepreneurs doing just that. At any time your employment can end for a myriad of reasons, health, whims of the executives, even bad financial decisions on the part of said executives. Take control of your life and circumstances because you can’t always control when you’ll be laid off or fired. The Internet has made freelancing way too accessible for you not to learn a skill that could help someone else apart from your Career. Develop it and Sell it.

🤝 Collaborate with others with this Social Media Prompt:

What is a Business you always wanted to start but thought you never had enough time or money to start it? Is there anyway you can think of that would let you do even a piece of the business in someway? I can help you if you don’t know where to turn, setup some time with me and we’ll talk through it:

https://calendly.com/club255/vipcoachingcall

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