This book basically talks about things you can do to earn more money with out quitting your day job. It discusses that most of us have a "salary cap" meaning a limit on the amount of money we can earn.
Simply put, you have a limitation on how much money you can earn because you are selling your time. To remove the salary cap you need to do one of 4 other things
Sell your ideas
Sell results
Sell the time of the people who work for you.
Sell the ideas or results of your employees.
You need to decide what business is right for you. Here is how:
Choose a business that you can afford to enter
Do something you enjoy
Choose a business that you know something about
Choose something that fills a market need
Chapter 11 is about multiplying your income with out multiplying your time on the job
Chapter 12 is about formulating a plan to remove your salary cap.
There are 7 keys to running a small business. (I really like how it says 7 but there are 10)
Sell. Generate cash flow
Always pay your payroll taxes
Keep good records
Protect your image
Plan from the bottom up
Learn from your mistakes
Keep your word
Get a good accountant
Don't spend money until you know where it is coming from.
The book ends with 40 suggestions of business you can start without quitting your day job and without a whole lot of startup costs.
If you are looking for a jump start to thinking about your own business this book is a good starting place. It is a very easy read and only 109 pages!
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