The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job
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The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job

The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job

by Patrick J. McGinnis

Overview

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 was a way to have the stability of a day job with the excitement of a startup? 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 your better at your day job. He also profiles real-world 10% Entrepreneurs such as...
•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.
•A group of friends who met at a 6am 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, adviser, 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.

Product Details

ISBN-13: 9781591848097
Publisher: Penguin Publishing Group
Publication date: 04/12/2016
Pages: 240
Sales rank: 644,143
Product dimensions: 5.90(w) x 9.00(h) x 1.00(d)

About the Author

PATRICK J. McGINNIS is a venture capitalist and private equity investor who founded Dirigo Advisors, after a decade on Wall Street, to provide strategic advice to investors, entrepreneurs, and fast-growing businesses. As a 10% Entrepreneur, he has built a diverse portfolio of investments in new ventures in the United States, Latin America, Europe, and Asia. A graduate of Harvard Business School and Georgetown University, he writes for Business Insider, Huffington Post, Boston Magazine, and Forbes. He lives in New York City.

Table of Contents

Introduction 1

Part 1 Why Should You Be a 10% Entrepreneur?

Chapter 1 One Job Is Not Enough 11

Chapter 2 All the Benefits Without the Pitfalls 27

Chapter 3 The Five Types of 10% Entrepreneurs 41

Part 2 Building Your 10%

Chapter 4 What Kind of 10% Entrepreneur Are You? 63

Chapter 5 Making the Most of Time and Money 77

Chapter 6 Playing to Your Strengths 93

Chapter 7 Finding, Analyzing, and Committing to Ventures 115

Chapter 8 Building Your Team 147

Chapter 9 Overcoming Obstacles 173

Chapter 10 Winning the Long Game 185

Acknowledgments 203

Glossary 207

Appendix 209

Notes 215

Index 219

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