Toroh Emmanuel's Key Ideas from The $100 Startup
by Chris Guillebeau

The goal of enterpreneuship is to produce freedom and at the same time create value.

Every one who seek financial freedom must have something in exchange for it....its called VALUE.This two are woven together and must be fully understood because they both have something in common which is RESPONSIBILITY to your self and to the people (audience/client).

Let dive into how we can create a blue print for freedom.

1.By convergence- not everything that you are passionate about or skilled in is interesting to the rest of the world, and not everything is marketable.

You must watch out for that point were your passion and what others care about meets. That is the where freedom lies.

Convergence represent that intersection between something you especially like to do or are good at doing (preferably both) and what other people are interested in .

2. Skill Transformation

Remember this law "Energy can neither be created nor destroyed but can be transformed from one form to another "

That is what happens when starting a business with an idea. You don't wait for anyone rather you work with what you have.

A teacher who wants to start a business should know she doesn't just have the skill to teach but she has been transformed into someone who have developed a communication skill, crowd control skill, adaptability, lesson planning and coordinating among different interest groups (children, parents, administrators, colleagues). This could be useful when starting a business.

" Catch a man a fish you can sell it to him , Teach a man to Fish and you ruin a wonderful business Opportunity"

- Karl max