The $100 Startup by Chris Guillebeau: Summary and Analysis
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About The $100 Startup by Chris Guillebeau
In The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future, author Chris Guillebeau examines the steps taken by hundreds of successful business owners who have built and grown their startups with very small investments (often less than $100). He focuses on the most useful and interesting case studies, delving into the journey of the business owner from small startup to prosperous business to complete financial freedom and flexibility.
What makes this book so useful? The people Guillebeau interviews are regular people with no specialized skills, little capital, and little to no business experience. He takes what he learns from these people—their mistakes, successes, and tips—and compiles the information into an actionable, easy-to-read guide. His message is both simple and inspiring: you don’t need an MBA to launch your very own startup. You just need to figure out what it is that people want, give them that thing, and find a way to get paid for it.
Please note that this summary of The $100 Startup by Chris Guillebeau is NOT the original book and is meant to be read as a supplement to the original.
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SpeedReader Summaries
About SpeedReader Summaries Thanks so much for your interest in SpeedReader Summaries! We strive to save what is your most precious and limited resource--time. These summaries carefully distill and analyze the key points of your favorite books and provide additional commentary and resources to supplement your understanding of the material. Inside every SpeedReader summary, you’ll find a thirty-second overall summary of the book, brief and actionable summaries of the key points of each chapter, a custom analysis, and additional resources like discussion questions, relevant articles, other books, and even quizzes. At SpeedReader Summaries, bringing you maximum benefit in minimum time is our main objective. Be sure to check out our other Action Step Summaries and Cheat Sheets, designed to save you time, effort, and brainpower!
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The $100 Startup by Chris Guillebeau - SpeedReader Summaries
Please note that this is an UNOFFICIAL summary and analysis. This summary and analysis is not affiliated, authorized, approved, licensed, or endorsed by the subject book’s author or publisher.
Introduction
About The $100 Startup
IN The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future, author Chris Guillebeau examines the steps taken by hundreds of successful business owners who have built and grown their startups with very small investments (often less than $100). He focuses on the most useful and interesting case studies, delving into the journey of the business owner from small startup to prosperous business to complete financial freedom and flexibility.
What makes this book so useful? The people Guillebeau interviews are regular people with no specialized skills, little capital, and little to no business experience. He takes what he learns from these people—their mistakes, successes, and tips—and compiles the information into an actionable, easy-to-read guide. His message is both simple and inspiring: you don’t need an MBA to launch your very own startup. You just need to figure out what it is that people want, give them that thing, and find a way to get paid for it.
About Chris Guillebeau
CHRIS GUILLEBEAU IS an entrepreneur, blogger, speaker, and the New York Times bestselling author of several books, including The $100 Startup, The Happiness of Pursuit, and The Art of Non-Conformity. He has also authored non-fiction guides on travel and small business under the brand Unconventional Guides. He is the organizer of the annual World Domination Summit in Portland, Oregon. Learn more about Chris at ChrisGuillebeau.com.
Please note that the book you’re reading right now is not meant to be a substitute for The $100 Startup but, instead, a supplement. We recommend using it to quickly refresh yourself on the key principles found in Guillebeau’s book and to bolster your understanding of the material with the analysis, discussion questions, and additional resources we provide.
1. Micro-Entrepreneurship
MICROBUSINESSES, OR businesses run by just one person, have been around as long as business itself. There’s nothing new about a person having a business idea and then acting on that idea. What is new, however, is the speed and ease with which a person can start a business, reach their customer base, and earn far more money than they had anticipated. Taking an idea to execution these days can take just weeks (or even days) and as little as $100.
And it’s not simply the intellectually elite or the technologically savvy who are doing it. It’s