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An Interview with Chris Guillebeau, author of the $100 Entrepreneur As the FT reported in January 2012, “…in the United States and other developed markets, SMEs commonly account for half or more…
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People have always been entrepreneurs, what's changed is connectivity. We can now relate to people all over the world and get to market really quickly. You could generate traffic in 24 hours, and sell within a week. It's incredible.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
The most common is deferring action and getting stuck in paralysis... The second most common is finance... Investing too much in unproven concepts for example. People can, and should, start their businesses as micro-enterprises to test their concepts and reduce risks.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
One of the things I'm interested in encouraging people to think about is the whole area of risk. What really is risky?! In many ways I think it's actually much safer to take things into your own hands rather than trusting your destiny to an uncertain jobs market.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
I think it's about usefulness! People talk of 'following your passion' but there are plenty of things people are passionate about that nobody will pay them money for, so you can't just tell someone to just follow their passion. The missing piece? usefulness... We say the magic formula is: Passion + Usefulness = Success.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
If you don't spend a lot of money on something and it doesn't work out… is it really a 'failure'? Most entrepreneurs start a lot of different ventures. Some work better than others, but that's totally normal and expected.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
What really is risky?! In many ways I think it's actually much safer to take things into your own hands rather than trusting your destiny to an uncertain jobs market.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
I think it's about usefulness! People talk of 'following your passion' but there are plenty of things people are passionate about that nobody will pay them money for, so you can't just tell someone to just follow their passion. The missing piece? usefulness… We say the magic formula is: Passion + Usefulness = Success.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
Entrepreneurs have to focus on how a business makes money and focus on that rather than the expense side of the business. That also allows you to start quicker and instead of deferring your idea, you could get to market in 30 days.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
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