How much do I want to read more? 8/10
I love the simplicity of Derek's wisdom. It's direct. It's authentic.
You don't need anything complicated.
This is most of what I learned in ten years, compacted into something you can read in an hour.
What’s your compass?
Most people don’t know why they’re doing what they’re doing. They imitate others, go with the flow, and follow paths without making their own.
Don’t be on your deathbed someday, full of regret because you pursued little distractions instead of big dreams.
You need to know your personal philosophy of what makes you happy and what’s worth doing.
- Business is not about money. It’s about making dreams come true for others and for yourself.
- Making a company is a great way to improve the world while improving yourself.
- When you make a company, you make a utopia. It’s where you design your perfect world.
- Never do anything just for the money.
- Don’t pursue business just for your own gain. Only answer the calls for help.
- Success comes from persistently improving and inventing, not from persistently promoting what’s not working.
- Your business plan is moot. You don’t know what people really want until you start doing it.
- Starting with no money is an advantage. You don’t need money to start helping people.
- You can’t please everyone, so proudly exclude people.
- Make yourself unnecessary to the running of your business.
- The real point of doing anything is to be happy, so do only what makes you happy.
Just selling my CD
I made a CD of my music, but there were no businesses that would sell independent music online. Not one.
I called up the big online record stores and they all told me the same thing: The only way I could get my CD into their online stores was through a major distributor.
"I’ll just set up my own online store."
But it was hard! In 1997, PayPal didn’t exist.
I had to figure out how to build a shopping cart. I didn’t know any programming.
When I told my musician friends about my BUY NOW button, one friend asked, “Could you sell my CD, too?”
It took me a couple of hours to get him added into my system. I made a separate page for his CD on my band’s website.
Then two other friends asked if I could sell their CDs. Then I started getting calls from strangers saying, “My friend Dave said you could sell my CD.” The calls and e-mails kept coming. I said yes to all.