The Barefoot Executive PDF Summary
6 min read ⌚
The Ultimate Manual for Being Your Own Boss & Achieving Financial Freedom
Don’t you want to be able to just once go to work in your pajamas?
What about if that is your life?
Carrie Wilkerson teaches you how you can become “The Barefoot Executive.”
(Which, having founded a company by the same name, she quite literally is.)
Who Should Read “The Barefoot Executive”? And Why?
Do you like your job?
Can you imagine yourself doing it for the next decade or half a century?
If so, then – congratulations!
You’re one of the fortunate few people on this planet who’ve managed to become their own executives!
Because we just can’t imagine someone who’s not his own boss – and who, consequently, has to adhere to schedules, deadlines, inflexible work hours, etc. – content enough to not yearn for a different future.
Carrie Wilkerson’s “The Barefoot Executive” is a book about these yearners, the less fortunate ones.
Those who want to do something other than what they’re currently doing.
So, basically, it’s about you.
About Carrie Wilkerson
Carrie Wilkerson is a bestselling author, consultant, and sought-after keynote speaker.
Named by “Forbes” a top small business influencer, Wilkerson has been featured on both Fox Business News and CNN and has consulted many Fortune 500 companies, including Google.
“The Barefoot Executive” is her only book so far.
Find out more at http://carriewilkerson.com/
“The Barefoot Executive PDF Summary”
Even though it shares the title, this book has nothing to do with the 1971 live-action Disney movie starring the young Kurt Russell and a very smart TV-loving chimp.
However, it may have everything to do with the brightness of your future and your wellbeing, since Carrie Wilkerson’s goal – as stated in the Introduction is
…to give you hope and to take you through the process of investigating your options and your skill sets to create the financial freedom and work life that you’ve perhaps only dreamed of until now.
Ignore the naysayers and avoid the status quo.
So, in other words, Carrie’s vision of your future is one in which you can go to work without socks – or even pants – and one in which you can have the flexibility to join your daughter on an all-day field trip whenever you like – without asking for permissions and without any consequences.
And she shares this vision in five main parts.
The first part is titled “The Myth Breakers,” and it consists of two chapters: “Job Security, Tenure, Retirement, and Other Fairy Tales” and “Why You Must Own a Business.”
As evidenced by the tiles themselves, these chapters set the tone for Carrie Wilkerson’s main investigation, i.e., the why before the how of becoming your own executive.
Needless to add, as far as Wilkerson is concerned, you’re living in some century past if you still believe that securing a 9-to-5 job for the long run is the only way you can live your life, or that you can retire inspired and live happily ever after on your social security pension only!
It’s never been easier than today to start your own business, so you’re missing the opportunity of your life if you don’t at least try that!
But how should you start?
Well, by not making one of “The Three Big Mistakes” which is how the second chapter of Wilkerson’s book is titled.
The mistakes are chasing someone else’s dream, chasing too many rabbits, and chasing dollars.
Wilkerson’s point here is that you shouldn’t try to be the next anyone because that way you risk detaching your own business from your real desires and dreams, ultimately falling down the same rabbit hole you were trying to climb up from.
In other words: if you don’t work the job you want, create the one you’ve always dreamed about!
Not the one which books say will most probably work, or the one which self-help authors claim will get you the most money.
As Simon Sinek so convincingly argued a while back, there’s only one place from which you should start building your company: its why.
Part three, “The Methods,” is where Wilkerson moves from the why to the how, or, in other words, from motivation to action.
Here she explains what the right mindset of success is and how personalizing a business means taking massive action.
However, actually masterminding it will probably mean doing at least one of two things: finding a good mentor and doing serious research.
After all, even the greatest of sportsmen can’t maximize their talents without a proper mentor – so, don’t act self-important and do find one.
The fourth part of the book – titled “The Models” – covers (quite fittingly) six different business models from which you can choose to develop your business practically from scratch.
The models discussed here are service based (i.e., the one based on using your skill set), expertise-based (coaching and consulting), knowledge-based (information marketing), goods-based (commerce or direct sales), and referral-based (commission or affiliate marketing).
The sixth model is not actually a business model in itself but a combination of the other, since, once you have at least one model firmly planted, nothing’s stopping you from progressing to multiple streams of income.
The fifth and final part of the book, “The Marketplace” is all about positioning and finding your right audience.
It tries to answer questions such as “who wants what you have?” “where will they find you?” and “where will you find them?” while also sharing some ideas to income and discussing how you can effectively build your audience.
Scattered throughout Wilkerson’s book, you’ll find many practical advises and case studies – “Barefoot Action Steps” and “Barefoot Case Studies” – in addition to numerous links to supplemental videos which should further help you understand Wilkerson’s message.
Which, ultimately, is really simple but extraordinarily powerful: if you don’t like your life, you can easily fix it.
Just remodel yourself:
Key Lessons from “The Barefoot Executive”
1. Shatter the Myths of the Past Century – and Become Your Own Boss
2. The Three Big Mistakes You Should Never Make
3. The Five Business Models You Should Research
Shatter the Myths of the Past Century – and Become Your Own Boss
There are many unsubstantiated and/or obsolete myths which, unfortunately, have decided your life for you.
Some of the most frightening ones are the Myth of Job Security, the Myth of Tenure, and the Myth of Retirement.
These are all remnants of a past world which has nothing to do with the dynamic you-can-do-it-yourself age in which we’re currently living.
So, forget about them.
Start your own business and write some new myths for the new generations.
The Three Big Mistakes You Should Never Make
There are three big mistakes you should never make if (or, rather, when) planning to start your own business.
The first one should be an obvious one – but people do it much too often so that we can ignore it: chasing other people’s dreams. The point is to build your life around your very own.
The second one is chasing too many rabbits – because that way you probably won’t catch a single one.
Chasing dollars is the third one.
Money should always be just means to an end, not the end itself.
The Five Business Models You Should Research
Probably the most important part of “The Barefoot Executive” is the fourth one: “The Models.”
Here you’ll find five different business models you should research and the ways you can employ them and link them to your very own business.
These are service-based, expertise-based, knowledge-based, goods-based, and referral-based.
Finally, the sixth model is a combination of these, i.e., multiple streams of revenue.
Like this summary? We’d like to invite you to download our free 12 min app, for more amazing summaries and audiobooks.
“The Barefoot Executive Quotes”
Why do you want to start a business? Why are you reading this book? Click To Tweet
The ‘why’ behind the money, the ‘why’ behind how you are changing people, the ‘why’ behind what you do is what you are really focused on. Click To Tweet
You are never going to work really hard just to have a lot of money. Click To Tweet
What motivates us is what the money can do or the cause it can support or the choices that money allows us to have. Click To Tweet
Take action, absolutely – but also keep learning and growing. Don’t ever be finished. Click To Tweet
Our Critical Review
If you want to find a one-for-all working formula on how to start a business and become a filthy rich person, “The Barefoot Executive” is not the book for you.
However, it can do you one better: it offers a comprehensive overview of the possibilities ahead of you while sharing with you all the motivation and inspiration you’ll ever need to finally get the courage to start of your own business.
Funny and stimulating, “The Barefoot Executive” is certainly one of the places where you should start pursuing your dream career.
Learn more and more, in the speed that the world demands.