How Great Founders Do More with Less

The Minimalist Entrepreneur

In the startup world, we probably know the word unicorn as it has become a value in this industry.

But the recipe for success in business has many paths. We can choose whether to take the route we set or follow the path that someone pushes and persuades. Forcing us to do it like this.

Every company has a different story and path.

Not every company can be a unicorn.

There are many factors involved.

There are shallow and deep stories that may not be told all. We don't know, it's possible.

Because there are two sides to the coin, and there is a price to pay, either directly or indirectly.

The Minimalist Entrepreneur

Minimalist Entrepreneur is written by Sahil Lavingia, the founder of a startup called Gumroad, a simple platform that helps creators sell their work and collect money from customers online.

Sahil once had a dream of becoming a unicorn, Gumroad managed to raise over $8 million. From well-known VCs who have invested in companies such as Facebook, Amazon, and Apple, Accel Partners, First Round Capital, and Kleiner Perkins.

There are also famous individual investors such as Max Levchin, the founder of PayPal, and Ron Conway, who is known as the Super Angel.

At the time, Sahil was only 19 years old, the sole founder, and only 3 employees.

When Sahil received this round of investment, he attracted many talented people to join the team as a companion for his dream of becoming a unicorn.

But 9 months later, Gumroad ran out of money and couldn't raise the next round of funding. More than 75% of people had to be fired to stop the bleeding and save the business.

Sahil feels that life has failed. Unable to succeed as intended, they fled from the people. Moved from San Francisco to Provo in Utah.

What happened was that Sahil took time to reflect on himself, what is the success in life, what are the main goals of the business? Is it really a unicorn until you find a path that is the true meaning of life and business?

Today, Gumroad is a small company with no full-time employees.

Sahil himself did not do Gumroad full-time either.

Gumroad's team works remotely across all regions of the world. No need for any meeting. It mainly uses the Asynchronous Communication method.

Gumroad has revenue of hundreds of millions of baht per year, growth of more than 50% and continuous profit.

Although Gumroad is not the unicorn that Sahil dreamed of, he has spent his life traveling and writing novels, which is a job he loves.

The book is full of advice from real experience. Fault points that lead to failure Enjoy Reading Fun

It doesn't have to be a deep strategy or a lot of cool ideas, but it can be put into practice.

It is a new way of building a business, and it is a way of creating jobs that we can enjoy every day.

For those who are interested in starting a startup, if you don't want to become a unicorn, you should read this book.

And if you want to be a unicorn, you have to read it because it has a point that helps you reflect yourself.

Actually, Our Life Do you want to chase unicorn status or do you want to chase happiness for yourself and those around you?

There is no right or wrong, but our lives, we should be destined for ourselves.