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  <title>#33 Entrepreneurship in Just 10% Of Your Time With Patrick McGinnis</title>
  <description>Patrick McGinnis has a new book out called The 10% Entrepreneur. It's a novel
idea that has the same roots as Nassim Taleb's barbell investing
approach.&amp;amp;nbsp;Nassim Taleb suggests putting&amp;amp;nbsp;10% of your
assets in&amp;amp;nbsp;high-risk high-reward assets that could multiply
enormously and the other 90% of your assets in plain old&amp;amp;nbsp;cash.
That way you can never go bankrupt,&amp;amp;nbsp;because only 10% of your
assets are exposed.
Similarly,&amp;amp;nbsp;Patrick McGinnis suggests investing 10% of your
time in entrepreneurship and 90% of it doing something safe like a
day job. Only when your idea proves itself viable do you quit your
job and start looking for venture capital, if you even want to go
that path.
James Altucher&amp;amp;nbsp;talks about this all the time.
He&amp;amp;nbsp;didn't quit his job until his side project could pay for
his lifestyle. This week, we talk to Patrick about this&amp;amp;nbsp;idea
and much more.
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  <author_name>Craftsman Founder with Lucas Carlson and Eliot Peper</author_name>
  <author_url>http://www.craftsmanfounder.com/</author_url>
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