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147The 100 Startup shares that the two components a micro business should contain something the individual loves doing and something that other people find value in You should start off simply by creating a brainstorm list of things so simple a list of things that you love to do or things you are great at I love when Chris Guillebeau shares that To succeed in a business project especially one you re excited about it helps to think carefully about all the skills you have that could be helpful to others and particularly about the combination of those skills After the list is done the next step is to review it to see which things could be profitable In The 100 Startup it shares that the next step you should take is to list things you want consumers to know and outline the benefits they receive from your services When advertising your product or service you must prove the service is worth each customers trust and money To be successful a business must have the ability to come up with a solution to the customer s issues Chris Guillebeau shared in his book that value is created when a person makes something useful and shares it with the world Mr Guillebeau actually makes a mathematical equation to find success If you could only take one thing from the entire book I would suggest you take his highly simplified mathematical equation for finding success It goes Passion or skill usefulness success Make sure customers know the value of the product you offer them Chris Guillebeau gives tips on how to gain the trust and loyalty of customers In order to gain a customer's trust an entrepreneur must address any concerns a potential buyer might have
The entrepreneur should either offer a guarantee or address the concerns head on by ensuring its quality This can be done by getting good product reviews and credible professional reviews Another good tactic businesses use to get good ratings or loyal customers is by over delivering When the customers get something extra it makes them feel good about their purchase which encourages them to give the product or service a good rating This also encourages them to make a purchase from that company again An entrepreneur must focus on launching their business as soon as they decide on their product It's important to start selling instead of trying to ensure your service is perfect because the sooner you get started the sooner you will learn things you need to improve I love how the book shared how it's tempting to try to perfect your product or service but the best thing you can do to perfect your business is to launch it When you make the first sale you should focus on how smoothly it went and what you could do better to improve In the book by Chris Guillebeau he teaches the principles necessary to become your own boss and gain and explore a new freedom He teaches a simple and risk free plan that encourages minor changes and manageable tasks Many people are afraid to start their own businesses because being an entrepreneur is viewed as risky Mr Guillebeau teaches The new reality is that working at a job may be the far riskier choice With The 100 Startup entrepreneurship method you do not have to put all your eggs in one basket You could work for someone full time and spend a few hours each week to make a little bit of extra income or you can choose to invest everything into being your own boss Just remember Don’t waste your time living someone else's life Thank you