The $100 Startup
Reinvent the Way You Make a Living, Do What You Love, and Create a New Future
Categories:
Startup Founder
How strongly do I recommend The $100 Startup?
5 / 10
Review of 100 Dollar Startup Book
Have you dreamed of living on a beach and running a sustainable business remotely? Then you might enjoy this.
The 100 Dollar Startup book consists mostly of inspirational startup stories, particularly in content and service businesses. If you’re looking to start a side hustle, read The 100$ Startup and pair it with The E-Myth Revisited for more practical advice on operating a small business.
Top Ideas in This Book
You have likely developed expertise that others would pay for if packaged correctly
The businessman who perfected finding the cheapest flights. The woman who transitioned to a plant-based diet. The guy who learned how to program spreadsheets.
Like them, you have developed skills that others would pay to learn if you package them correctly.
Entrepreneurs get trapped into thinking about innovation when they should be focused on usefulness
Innovation is intimidating and sets a high bar for launch. On the other hand, usefulness is incremental and easier to achieve.
When developing a content or service business, think about usefulness and test your offer against actual people with money.
Small business owners can easily become overwhelmed with tasks that are unrelated to making money
When you start a small business, you now have several jobs: marketer, accountant, salesperson, creator, account manager, the list is never ending.
Most of those have nothing to do with making money or growing a viable business. Focus on the ones that bring in dollars.
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