The Voluntary Life: May 2012

28 May 2012

Chris Guillebeau on "The $100 Startup"

This episode is a recording of a talk given by Chris Guillebeau about his new book The 100 Dollar Startup. The talk took place in Shoreditch, London on 25th May 2012 and Chris kindly gave permission for me to record it for this podcast.

In the talk, Chris shares some of the stories of the many "solopreneurs" and small business owners that he interviewed for the book, all of whom are using creative self-employment to give themselves more freedom in life.

Podcast Episode

21 May 2012

The Sovereign Individual by James Dale Davidson and William Rees-Mogg

This episode discusses ideas from the book "The Sovereign Individual: Mastering the Transition to the Information Age"by James Dale Davidson and William Rees-Mogg.

"In The Sovereign Individual, Davidson and Rees-Mogg explore the greatest economic and political transition in centuries -- the shift from an industrial to an information-based society. This transition, which they have termed "the fourth stage of human society," will liberate individuals as never before, irrevocably altering the power of government."

Podcast Episode

17 May 2012

Entrepreneurship Part 9: Financing Your Startup

How will you finance your startup? This episode presents some thoughts on the issue of financing for entrepreneurs based on my own experience, including:

  • Why bootstrapping your business with revenue finance is the best way to fund your own startup, if you can do it
  • The benefit of having some personal savings and no major financial commitments, if you want to start a business
  • The role that loans can play in funding your venture and how taking out loans for business is a far better use of debt than taking out loans for consumption items
  • Why selling equity in your company (taking investment from VC or others) is ultimately a very expensive way to fund your venture
  • Why Business Development Grants are never "free money" and have serious drawbacks
  • The importance of looking long and hard at whether you really need the money to get going. You probably don't need nearly as much as you think

Podcast Episode

8 May 2012

Entrepreneurship Part 8: Selling Your Business

Every entrepreneur will ultimately exit from their business, in one way or another. Unless you plan to just wind it down, one day you'll probably want to sell your company. In this podcast, Jake talks about his experience of selling a business and answers some key questions about the process, including:

  • Why sell your business? 
  • How do you find a buyer? 
  • When is the right time to sell? 
  • How do you value your business? 
  • What happens in the negotiation process? 
  • How long does it take? 
  • What happens after the sale?

  Podcast Episode