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The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job, by Patrick J. McGinnis
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Choosing between the stability of a traditional career and the upside of entrepreneurship? Why not have both?
Becoming a full-time entrepreneur can look glamorous from the outside. Who doesn't want to chase their dreams, be their own boss, and do what they love? But the truth is that entrepreneurship is often a slog, with no regular hours, no job security, and very little pay. What if there were a way to have the stability of a day job with the excitement of a start-up? All of the benefits of entrepreneurship with none of the pitfalls?
In The 10% Entrepreneur, Patrick McGinnis shows you how, by investing just 10% of your time and resources, you can become an entrepreneur without losing a steady paycheck. McGinnis details a step-by-step plan that takes you from identifying your first entrepreneurial project to figuring out the smartest way to commit resources to it. He shows you how to select and engage in projects that will provide you with upside outside the office while making you better at your day job. He also profiles real-world 10% Entrepreneurs, including Luke Holden, a cash-strapped recent college graduate who started his own lobster-roll empire and oversaw much of its first year of operations, all while working full time in corporate America; Dipali Patwa, a designer and mom whose side project designing and selling infant clothing is now a sensation; and a group of friends who met at a 6:00 a.m. Bible study class and went on to start a brewery that now generates millions in sales.
A successful 10% Entrepreneur himself, McGinnis explains the multiple paths you can follow to invest your cash, time, and expertise in a start-up - including as a founder, angel, advisor, or aficionado. Most importantly, you don't have to have millions in disposable income to become a 10% Entrepreneur. When you put McGinnis's 10% principles into action, you'll quickly start racking up small wins then watch as they snowball into your new (and far more entrepreneurial) life.
- Sales Rank: #10495 in Audible
- Published on: 2016-04-12
- Released on: 2016-04-12
- Format: Unabridged
- Original language: English
- Running time: 352 minutes
Most helpful customer reviews
4 of 4 people found the following review helpful.
Yes! Someone finally wrote this book!
By Jason Haim
Finally... I have been waiting for this book to be written. This is an incredible guide to becoming an entrepreneur in a practical, realistic way. I think this speaks to American dream of having your cake and eating it too. Whether you are a carpenter or a Wall Street executive, this book is for you, because it teaches you to explore your interest while not having to sacrifice the security of knowing you have a paycheck coming every week. This is an exceedingly well written self help guide for everyone. Even a full time entrepreneur enjoys side projects. I highly recommend that you get this fast read and enter the growing class of 10% Entrepreneurs.
5 of 5 people found the following review helpful.
Entrepreneurship dreams made a reality
By NAS
Well written and thoroughly researched. The author clearly knows his subject matter and appreciates the dilemma between pursuing one's dreams and paying the bills. I'd recommend this to anyone who has ever had an idea for a business but hasn't pursued it because they didn't think it a practical option
1 of 1 people found the following review helpful.
One of the best books on entrepreneurship.....
By Mike Smith
The 10% Entrepreneur is one of the best books on entrepreneurship I've read. As a former startup founder who migrated back to the corporate world, this book provided a much needed jolt of motivation to re-engage in entrepreneurial ventures. McGinnis does an excellent job of demonstrating that successful entrepreneurship is not one size fits all. Despite, the common media narrative of entrepreneur's are "all or nothing," McGinnis provides contemporary, concrete, real-life examples across multiple industries (consumer packaged goods, restaurants, services, technology) of individuals that approached entrepreneurship with different methods and successful outcomes. I highly recommend this book to both aspiring and current entrepreneurs looking for original and interesting content, which I believe will increase their odds of success for current and future ventures.
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