The Minimalist Entrepreneur
Sahil Lavingia

Summary

A How to on building a modern sustainable tech business

Notes

Create profitable businesses at all costs

Build on a foundation of community

Build only what you need to, outsource the rest

Share your stories from struggle to success

Creator first, entrepreneur second

Contribute, create and teach the community

Work in public. Teach everything you know. Create every day.

There’s no such thing as an overnight success.

Think about the problems you face every day

Productize your process to make yourself redundant

Focus on your first 100 customers

For pricing, don’t start too low. Goal is eventually to get tiered service

When working at the beginning, make a list of everyone who has written or shared about the business, contact all of them, ask for their personal and candid feedback

Manual sales will be 99% of growth in the early days and word of mouth will be 99% of growth in the later years

Don’t spend money initially on marketing. Focus on your audience

Educate, inspire then entertain

Always keep costs below revenue

Pay yourself as little as possible in the beginning

Even as you grow, always keep the customer in mind

Define your company values early and often

Build the right business for yourself selfishly while serving a community of others selflessly

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