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Blink 3 of 8 - The 5 AM Club
by Robin Sharma
How to Dump Your Boss, Build a Business and Not Go Broke
Never Get a "Real" Job by Scott Gerber is a practical guide for budding entrepreneurs who want to start their own businesses and achieve financial freedom. It's packed with invaluable tips and insights on how to create a successful career on your own terms.
So you’ve got an idea for a successful business, one that you really believe in. Congratulations!
But no matter how good your idea is, the numbers aren’t great; as the U.S. Small Business Association notes, a third of small businesses fail by their second year, and less than half last four years.
Clearly, you can’t count on success, no matter how good your idea is. In fact, when it comes to starting a business, there’s only one thing you can be certain of – that it won’t be easy. So it’s best to accept that fact and check your expectations before you begin.
First of all, you should accept that you’re guaranteed to fail along the way. But despite what most people think, this isn’t always bad. Analyzing failures teaches you valuable lessons that help you avoid failure in the future.
Also, expect that things will never go according to plan. Successful entrepreneurs know that things change every day, so it’s impossible to predict the future. That’s why they don’t hang their hopes on everything going right according to some “perfect plan.”
Instead, they plan for rock bottom. That means looking at any scenario and imagining its worst possible outcome in order to be prepared for it. To do that, there are four steps that you should take before making any business decision.
Step one is looking at pros and cons in order to assess the risks. Is the best possible outcome so good that it outweighs the risks of the worst? Or are the two more evenly balanced, making the action riskier?
Next, figure out what the consequences will be if things don’t work out. For example, if your business’s financial health could potentially be wiped out in your rock-bottom outcome, you need to realize that ahead of time.
The third step is figuring out whether the thing that you’re considering doing would seem like a good idea at any point in time. If not – if you can imagine yourself regretfully looking back at it as having seemed like a good idea “at the time” – you should definitely think twice before proceeding.
Finally, examine your alternatives. If your number one plan doesn’t work out, what’s next? Could, in fact, plan number two be a better option in the first place?
It may not be as fun as imagining a scenario where everything works out perfectly, but being prepared for every eventuality makes you a more resilient entrepreneur in the long run.
Never Get a “Real” Job (2011) encourages young entrepreneurs to swear off “real” jobs, foregoing the nine-to-five life in favor of taking control of their own lives. Based on real-world experience and observation, it provides a nuts-and-bolts guide to getting it together and starting up.
Never Get a “Real” Job by Scott Gerber (2010) is a valuable read for anyone looking to build a successful career without conforming to traditional employment. Here's why this book is worth your time:
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Blink 3 of 8 - The 5 AM Club
by Robin Sharma
What is the main message of Never Get a “Real” Job?
The main message of Never Get a “Real” Job is that traditional careers are not the only path to success. It encourages alternative approaches to building a fulfilling and profitable career.
How long does it take to read Never Get a “Real” Job?
The reading time for Never Get a “Real” Job varies depending on the reader's speed, but it typically takes several hours. However, the Blinkist summary can be read in just 15 minutes.
Is Never Get a “Real” Job a good book? Is it worth reading?
Never Get a “Real” Job is a valuable read for anyone looking to explore alternative career paths. It provides insights and strategies to pursue unconventional but fulfilling work.
Who is the author of Never Get a “Real” Job?
The author of Never Get a “Real” Job is Scott Gerber.