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The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future Hardcover – May 8, 2012


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Product Details

  • Hardcover: 304 pages
  • Publisher: Crown Business; First Edition edition (May 8, 2012)
  • Language: English
  • ISBN-10: 0307951529
  • ISBN-13: 978-0307951526
  • Product Dimensions: 5.8 x 1.1 x 8.6 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (942 customer reviews)
  • Amazon Best Sellers Rank: #3,834 in Books (See Top 100 in Books)

Editorial Reviews

Amazon.com Review


Q&A with Gretchen Rubin and Chris Guillebeau
Gretchen Rubin photo by Dave CrossChris Guillebeau photo by Stephanie D. ZitoGR: One thing that really sets your book apart from other similar books is its specificity. You really drill down on how people have actually built these businesses. Why did you take this approach?
CB: Because most books about business are too generic. They are filled with platitudes instead of data and real instructions. There's nothing wrong with saying “Go for it!”—but the purpose of this book is to say, “OK, you're ready to go for it? Great. Here's how you actually do it.”

This isn't a book about business, at least not as most people think about it. Instead, it's a book about freedom. It's for those who want to escape from corporate life, build something of their own to support their families, or just find a way to make more money.

GR: Is it really possible to make a good business out of your passion?
CB: Yes, but the key is to combine your passion with something that is useful to the world. I used to be very passionate about eating pizza and playing video games, but no one wanted to pay me to do it.

That's why we have to go further, until we find the convergence point between what we're excited about and what other people value. For example, I met a guy who was a snowboarding instructor in Canada. He created a DVD set of instructional videos. He followed his passion, he found a way to make it useful, and it's now a $300,000 a year business.

GR: Many books about startups focus on technology companies; by contrast, you focus on small businesses started by people creating companies around something they love to do. Often, they don’t look like typical “entrepreneurs,” don’t come from traditional business backgrounds, and don’t have special skills. Why did you take this approach?
CB: I think there's a real misconception about entrepreneurship. As you noted, some people hear the word startup and imagine things like venture capital, funding rounds, and eventually cashing out if possible. It's not that different from the conception of traditional business—wearing a suit, sitting behind a desk, playing golf after lunch.

But there's also an entirely different way of creating freedom, and it's just now starting to get the attention it deserves. This alternate perspective is about starting on your own, with limited money and no special training. You don't need outside investment (of any kind), an MBA, or a 65-page business plan that no one will ever read. You just need a product or service, a group of people willing to buy it, and a means of getting paid.

GR: The economy has a lot of people feeling anxious about their financial situations. Do you think this is a bad time to take a risk like a startup?
CB: When the economy causes us to feel anxious, it's also a good time to reassess the whole concept of risk. For many people, it may be much riskier to cast your lot in the traditional job market. But what if you didn't have to compete in a crowded marketplace—what if you could essentially create your own job? The beautiful thing about starting small means that you're not necessarily competing with anyone, and your financial risk is low.

In the long run, risk is related to security. Many of the people in this book were successful in creating their own security instead of entrusting it to someone else.

GR: You did a crazy amount of research for The $100 Startup. What surprised you the most?
CB: The first thing that surprised me was how willing most respondents were to talk about the inner workings of their business, especially the financial details. The common attitude was: if this helps other people in their work, I want to share it.

Digging deeper, I was surprised by some of the interesting businesses people had started. There is a guy who earns more than $100,000 a year helping people use their Frequent Flyer miles. There is another guy in Croatia known as “Mr. Spreadsheet,” who has also crafted a six-figure business helping corporate employees manage data better. There were also plenty of interesting businesses that were more traditional, like a retail yarn shop in Portland and an Israeli-American designer who created a business selling hand-made wedding contracts.

GR: You give some controversial advice: you don’t need a business plan, you don’t need to spend too much time planning, you don’t need a large amount of money to launch, and you don’t need special skills or expertise. What do you say to people who disagree?
CB: I'd say the proof is found in everyone who has made it happen. My hope is that this book will serve as a blueprint for many more success stories, just like the unconventional and unexpected entrepreneurs I talked to from all over the world.

Review

"The $100 Startup is a twofer: It's a kick in the pants to get started on your dream and a road map for finding your way once you begin. If you're not ready to launch your own business after reading this book, you need to go back and read it again!"
-- Daniel H. Pink, New York Times bestselling author of Drive and A Whole New Mind

 
"In this valuable guide Chris Guillebeau shows that transforming an idea into a successful business can be easier than you think…You are in charge of which ideas deserve your time, and this book can help you wake up every morning eager to progress to the next step."
--Tony Hsieh, New York Times bestselling author of Delivering Happiness and CEO
of Zappos.com
 
"The money you have is enough. Chris makes it crystal clear: there are no excuses left.  START.  Start now, not later.  Hurry."
--Seth Godin, New York Times bestselling author of The Bootstrapper’s Bible
 
"Everything Chris Guillebeau does is in earnest. The ideas inside this book will lead you to a better place." 
- -Chris Brogan, President of Human Business Works and author of Trust Agents
 
“With traditional career doors slamming shut, it’s easy to panic, but Chris Guillebeau sees opportunities everywhere. Making a career out of your passion sounds like a dream, but in this straight-forward, engaging book he shows you how to get it done, one simple step at a time.”
--Alan Paul, author of Big in China
 
"Delivers exactly what a new entrepreneur needs: road-tested, effective and exceptionally pragmatic advice for starting a new business on a shoestring.”
--Pamela Slim, author of Escape from Cubicle Nation: From Corporate Prisoner to Thriving Entrepreneur
 
“Guillebeau has been in the trenches for years, and in The $100 Startup he guides you step-by-step through how he and dozens of others have turned their passions into profits. It's essential reading for the solopreneur!
--Todd Henry, author of The Accidental Creative
 
"This book is more than a "how to" guide, it's a "how they did it" guide that should persuade anyone thinking about starting a business that they don't need a fortune to make one."
--John Jantsch, author of Duct Tape Marketing and The Referral Engine

“Crammed with data, checklists, models, and concrete examples.  Thoughtful, funny, and compulsively readable, this guide shows how ordinary people can build solid livings, with independence and purpose, on their own terms.”
--Gretchen Rubin, author of the #1 New York Times bestseller The Happiness Project

More About the Author

Chris Guillebeau is the New York Times bestselling author of The $100 Startup and other books. Chris travels the world and writes for a small army of remarkable people at ChrisGuillebeau.com. Follow his live updates from every country in the world at twitter.com/chrisguillebeau.

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Customer Reviews

Great book - very easy read.
Colby Clark
Most of us big thinkers like to think we don't need motivation, we just want a few good and easy to find facts to get us going in the right direction.
Higgidy
I highly recommend this book to anyone who either wants to start, or is already running, their own business.
Jon Norris

Most Helpful Customer Reviews

474 of 499 people found the following review helpful By A. Osborne on May 16, 2012
Format: Hardcover
This is an inspiring book. At least a couple times while reading it I took a pen to jot down some ideas.

My problem with the book is that there are too many success stories but no real detail on the struggle for that success. I think this book would have been more successful if the author had chosen one or two examples per chapter to really dig into. I agree with one reviewer who said that most of the examples are in the form "got an idea, started a website, made money". How did they do it all? That what I like to know. It's great to know that people have started businesses with so little capital but I want to know the struggles, the low points and how they persevered.

Toward the end of the book I just skimmed. I wanted someone to cheer for and I didn't find that in 1/2 page examples.
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434 of 469 people found the following review helpful By Amer on August 9, 2012
Format: Kindle Edition Verified Purchase
Well I am disappointed in this book. As a top selling book, I was expecting perhaps too much.

First I would say the target audience of this book are probably those people who never ever read any other book on business, or never even thought about starting a business. Almost every advice is very basic.

When I read author had interviewed so many businesses, I was hoping he would have included more "technical" details about them. For example, the photographer in Spain, how she was advertised, how much she invested in her gear, did she take any classes, how she hires assistants, if any etc. Or coffee shop guy, how did he get money for coffee shop, how many hours he works at coffee shop, how did he gain experience for running it etc (I am pretty sure starting a coffee shop is not exactly $100 startup).

Or that single mom who became marketing consultant, exactly how did she land her first client? How did she dress, and gained their respect? How did she learn about marketing? How did she convince companies that she was a real deal not a joke? (At our company, we had experiences with so-called Social Media Marketing experts. It seems most of them just know how to update their Facebook statuses or send a twitter update.)

For good parts, the book is easy to read. It will inspire many people to do what they enjoy. It does provide a starting point. It repeats general knowledge but it is good to have all that knowledge in one place.

In the end, don't expect anything revolutionary from this book. In my opinion, if you are already inspired to do your own thing then try to find a book on that thing. If you want to start a photography business then you might be better served by a book on starting photography business than this book.
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129 of 136 people found the following review helpful By Chillin' Out on October 15, 2012
Format: Hardcover
I wasn't impressed with this book and am surprised at how many excellent reviews it gets. It had some helpful content and a some useful ideas, but for the most part it was advice you could easily find for free on the internet and much of it was a rehash of stuff you'd find in tons of other books already on the market. A lot of the stories just sounded like good luck stories more than something people could easily reproduce for themselves and some of them sounded downright unbelieveable. My biggest issue with the book though is some of the shady advice given. The three things that bothered me the most:

-The author shared a story of two people who didn't have startup money and couldn't get a bank loan, so they got a fake car loan for their startup. Of course he had an endnote at the end of the chapter that it isn't recommended to do that, but that kind of thing shouldn't even be in the book as a suggestion. He gave it as an idea in the chapter but then to cover his butt legally said he doesn't recommend it in the footnote.
-The author shared a story and the suggestion that you could sell something before you even have a product and then come up with the product after the fact and if people don't want to wait then you can just refund them their money. The example he gave was someone who developed a written program/product and sold it and then once a few people bought it, he contacted them and (lied) said that he was developing a newer, improved program and if they were willing to wait a month or so then they would get the new program at no extra cost and if they didn't want to wait then they would get a refund.
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43 of 44 people found the following review helpful By Triangle123 on June 7, 2012
Format: Hardcover Verified Purchase
I was disappointed. The book came across to me as a variation on Four Hour Work Week, where the focus is narrowed to low start-up cost and all the useful, actionable tips are sucked out. There is less substance here than in Four Hour Work Week. If you are completely new to thinking about entrepreneurship (e.g. if you haven't read any business books before), then it may be useful to you. And many of the concepts in the book are told through the eyes of an internet marketer, which was a turn-off to me.

Rather than real substance, the book is sprinkled with filler and vapid thoughts (e.g. from page 247: "Sometimes the best advice is none at all. If you know what you need to do, the next step is simply to do it").

If you need a pep talk to get you started, you may find the book useful. However, the price of the book is more than 10% of a $100 startup. My suggestion is to save that money and put it toward your startup.
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