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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.
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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.
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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 .
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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.
- Sales Rank: #15903 in Books
- Published on: 2016-04-12
- Released on: 2016-04-12
- Original language: English
- Number of items: 1
- Dimensions: 9.25" h x .80" w x 6.30" l, 1.25 pounds
- Binding: Hardcover
- 240 pages
Review
"For 4 years, while working a full time job, I was also a 10% Entrepreneur. I didn't know the phrase then, I just knew I had more money, more fun and more opportunities than I'd ever had in my life. If any of those sound like things you want more of, read this book!"
-Jon Acuff, author of Do Over
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"Entrepreneurship is not one size fits all. It can take many shapes and forms. There's immense value to testing ideas or weaving entrepreneurial qualities into your life before taking the plunge. The 10% Entrepreneur will tell you how."�
- Christine Tsai, Founding Partner at 500 Startups
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“We think of entrepreneurship as a big, scary thing, involving blind leaps of faith and sweeping acts of disruption, not for the faint of heart. Yet in today’s ever-changing world, everyone needs to act more like an entrepreneur and take risks -- or risk being left behind. In his debut book, McGinnis delivers a winning game-plan for assuming 10% more risk, more creativity and more (ad)venture in your everyday life for 100% more satisfaction. Entrepreneurship is a smart choice for everyone--and so is reading this book. “
- Linda Rottenberg, co-founder & CEO of Endeavor and author of Crazy is a Compliment
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“In a shifting corporate landscape, entrepreneurship no longer has to mean all-or-nothing endeavors. Patrick McGinnis uses his own expertise as a "part-time entrepreneur" to illustrate a proven solution for you to become one, too.
- Keith Ferrazzi, author of the Who's Got Your Back and Never Eat Alone
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“This book should be read by anyone who has ever dreamed of starting an entrepreneurial venture.”
- Nir Eyal, author of Hooked
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“Clear, concise and forward-thinking, The 10% Entrepreneur dives deeper into the future of today’s business world.”
�- Tony Hsieh, author of Delivering Happiness and CEO of Zappos.com, Inc.
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.
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.
1 of 1 people found the following review helpful.
A great read for anyone wanting to break into startups or explore their passions on the side of their day job.
By Jake
The 10% Entrepreneur reads clear, is entertaining ,and is packed full of insightful commentary on entrepreneurship, including getting a bird's eye view into startups from the role of an advisor, angel, or member of the team.
I believe this book gives people who are looking for a way to break into startups a conservative, standardized approach to learning about opportunities, evaluating them, and getting involved in the ones that fit with what you're looking for. Ultimately, the individual has to make that decision, but the book puts out a framework that is easy to follow and anecdotes that help paint a picture of common situations we might find ourselves in.
I really enjoyed the author's writing style and industry expertise. It comes through in every page. For anyone who is interested in applying their talents to other ventures in their off-time, I would highly recommend this book as an introduction to getting started on that path. Now that I've taken in the lessons and experiences of the author, I feel much more confident to start approaching companies and pursuing the right opportunity in my off-time.
1 of 1 people found the following review helpful.
even on my worst days, I now realize my well-paying job is ...
By HLG
10% Entrepreneur provides the motivation, roadmap, confidence, and kickstart that so many of us W-2 executives need to take more control of our lives. I’ve been a successful big law lawyer, public company CEO and brand building executive, yet found myself wondering all too often why my career still seems beholden to others. While I’ve always been a skilled networker, I now realize I missed many opportunities to leverage my network into greater fulfillment and security. Subsequent to the reading the book, even on my worst days, I now realize my well-paying job is a luxury that will provide the springboard to building my portfolio of emotionally interesting, incremental revenue-producing and high upside opportunities I have been so sorely missing.
In short, 10% Entrepreneur is a must read for every hired executive who aspires to have a more fulfilling life.
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