199. 1% Inspiration, 9% Validation, 90% Perspiration

The 3-Day Weekend Entrepreneur

How to Intelligently & Intentionally Invest Your Time, Energy, and Money to Create High-Impact and High-Income Results.

In this episode, you will learn:

• How to avoid failures and financial losses, take risks and leap into entrepreneurship
• How to do research and small experiments to confirm the viability of an idea before investing too much time and money into it
• Understand the idea of validation before execution or investing a significant amount of time, energy, and resources

Key Takeaways:

• Inspiration is important for entrepreneurs, but there is more to entrepreneurship than just inspiration.
• The quote "work is 1% inspiration and 99% perspiration" is incomplete and needs to be broken down further.
• The quote, "work is 1% inspiration and 99% perspiration" can be broken down into three parts: 1% inspiration, 9% validation, and 90% perspiration
• This breakdown can be helpful for entrepreneurs, especially those starting a side hustle, to avoid costly mistakes and make sure their business is successful.
• Entrepreneurs often move from idea to execution too quickly, which can lead to mistakes and lost money.
• Validation involves doing research and small experiments to confirm the viability of an idea before investing too much time and money into it.
• The 90% perspiration involves intelligent, intentional, and directed work after validation has been completed.

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