Mike Michalowicz is a hoot. He has just written a book that can only be characterized as outrageous and blunt and I really love it. He sums up his wisdom in The Toilet Paper Entrepreneur as “I get it done”. He believes that most entrepreneurs are not destined to be famous or billionaire wunderkinds. Most entrepreneurs are destined to be like you and me- “Steadfast innovators who make miracles on three sheets or less.” He believes that the success of the entrepreneur relies on the following things which I agree with:
1. A foundation of beliefs that you can do it. If you don’t believe, you have nothing.
2. Passion, Passion, Passion- start with passion, finish with the money
3. “Premature” Action- as I say, when it doubt, choose action instead of waiting and thinking about it some more.
4. Focuses on what he is good at- and outsources the rest.
5. Ingenuity over money- as I say, sometimes we just throw money at a problem- which is a losing strategy
6. Dominates a niche. I agree- we need to focus on being great at one thing.
