What is
Self-Made Boss by Jackie Reses and Lauren Weinberg about?
Self-Made Boss is a practical guide for entrepreneurs, offering crowdsourced advice from small business owners on starting, running, and scaling ventures. It covers niche identification, business planning, hiring, and overcoming challenges like pricing strategies and pandemic adaptation, with real-world examples from restaurants, retail, and service-based businesses.
Who should read
Self-Made Boss?
Aspiring entrepreneurs, small business owners, and anyone seeking actionable insights from peers who’ve built companies from scratch. The book is particularly valuable for those in industries like food service, retail, or trades seeking tactical advice on operations, funding, and crisis management.
Is
Self-Made Boss worth reading?
Yes—it combines step-by-step frameworks (e.g., creating a business plan) with relatable case studies, such as an oyster farmer adapting to COVID-19 or a roofer breaking gender barriers. Unlike generic corporate advice, it focuses on grassroots challenges like sourcing suppliers and managing seasonal demand.
What are the key concepts in
Self-Made Boss?
- Mindset: Resilience and adaptability in facing setbacks.
- Niche identification: Using market research to find underserved opportunities.
- Funding: Bootstrapping vs. investor pitching strategies.
- Scaling: Hiring timelines and automating processes without losing quality.
How does
Self-Made Boss help with starting a business?
The book provides a starter-kit approach:
- Validate your idea through competitor analysis.
- Draft a lean business plan with financial projections.
- Secure initial capital (e.g., personal savings, microloans).
- Build a minimum viable product (MVP) to test demand.
What real-life examples are in
Self-Made Boss?
- A second-generation ice cream shop navigating price hikes.
- A female roofer overcoming industry biases.
- A plumbing supply store optimizing inventory turnover.
Each case includes lessons on problem-solving and growth.
How does
Self-Made Boss address pandemic-related challenges?
It features strategies like pivoting to online sales (e.g., a fishmonger launching delivery), renegotiating leases, and leveraging government grants. The oyster farmer case study details crisis-specific adaptation tactics.
What makes
Self-Made Boss different from other entrepreneurship books?
Unlike titles by Fortune 500 CEOs, it focuses on “main street” businesses, offering granular advice (e.g., calculating food cost percentages) from owners of sub-$5M revenue companies.
What frameworks does
Self-Made Boss provide for hiring?
- When to hire: Metrics like 30% sustained revenue growth over six months.
- Whom to hire: Prioritizing cultural fit over résumé gaps.
- How to retain: Non-monetary incentives like flexible schedules.
Does
Self-Made Boss discuss funding options for small businesses?
Yes—it compares bootstrapping, SBA loans, crowdfunding, and angel investing, with tips on preparing pitch decks for local investor networks. A bakery owner’s story illustrates securing a $50K microloan.
How does
Self-Made Boss help with pricing strategies?
A case study shows an ice cream shop incrementally raising prices by 5% annually while adding value (e.g., loyalty rewards). The book also explains break-even analysis for service businesses like HVAC.
What criticism does
Self-Made Boss receive?
Some reviewers note it focuses more on U.S.-based businesses and could expand on global scalability. However, its hyper-local examples are praised for their immediacy and relatability.