Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship

Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship

by M.J. DeMarco

Unscripted will teach you how to break free from the "script" of a life of indebtedness and toil and live life on your own terms as an entrepreneur. It contains practical advice to help you create a profitable business that could change your life forever. Plus, it also presents a passive income system that can help you generate a regular cash flow. By taking the actions in this book, you'll build the courage to step out of your comfort zone, challenge the status quo, and chart your own path to wealth, freedom, and happiness.

Summary Notes

Break Free From the Status Quo

Many of us are just going through the motions of life, like robots with no control over our own destinies. For some, it may appear that they're living in a world of freedom and comfort. But in reality, most of us are victims of economic slavery and a loss of individuality.

The only way to break free from this is to have the courage to step out of our comfort zones and start living life on our own terms. This means not settling for mediocrity and finding something that aligns with our values and goals. When we pursue something that gives our lives real meaning, we can achieve greatness.

Actions to take

Questioning Your Education

Learning to think for ourselves and questioning what we have been taught is crucial to living a fulfilling life. That's because blindly following the "script," an invisible gospel of cultural presumptions created by others, can be limiting.

If we spend our existence conforming to societal norms and cultural expectations without questioning them, we risk losing our individuality. We'll be caught in a cycle of obeying orders and seeking approval from society, which can lead to a loss of our sense of self and hinder our ability to live extraordinary life.

Actions to take

Living an Unscripted Life

Living an unscripted life is all about breaking free from the things that hold us back and living life on our own terms. It's about liberating ourselves from the ordinary and being released from the pressure of scripted standards that society often judges us by.

When we live an unscripted life, we embrace the five primary freedoms that come with it: freedom from work, freedom from financial constraints, freedom from unrealistic expectations, freedom from hopelessness, and freedom from dependence. Ultimately, we will be able to take control of all areas of our lives, as well as own our time and thoughts while creating a purposeful existence.

Actions to take

Changing Your Micro-Processes

Success is not something that can be achieved through a single macro-process. To reach success, we must focus on the micro-processes that will lead to real change.

Before identifying these micro-processes, we must first reflect on our 3B's - the beliefs, biases, and bullsh*t that are hindering us from success. Once we identify them, we can then work on getting rid of them and replacing them with more positive ones.

Now, when creating those small steps or micro-processes, keep in mind that they should be transcendent - meaning they should be effective both in the present and future. And if you want to achieve extraordinary results, hard work and dedication are the ultimate keys.

However, there are some people out there who may try to scam you with the idea that you can achieve greatness without putting in the effort. You might have seen this in infomercials, diet programs, and financial schemes. But don't fall for it!

The process principle emphasizes that extraordinary results require an extraordinary effort consisting of daily habits, routines, and sacrifices. This is the only reliable way to achieve success.

Actions to take

Increasing Your Luck

Luck isn't just a matter of chance but rather the result of hard work and dedication. Those who are successful have put in the effort to make their own luck by taking risks, working hard, and taking advantage of opportunities that come their way. The concept of "preparation meets opportunity" supports this idea, as it suggests that luck is created when preparation meets opportunity.

But it's not just about luck - success is also influenced by probability and taking action. Let's say you want to be a successful entrepreneur. If you take the time to study the market, understand what customers need, and create a product that meets those needs, you'll increase your chances of success. And the more you take action towards your goals, the more likely you are to succeed.

Actions to take

Using Money to Buy Happiness

Money can buy happiness, but only if it is used to increase freedom. Studies claiming that money can't buy happiness overlook the crucial factor of how money is spent. Sure, purchasing material goods may not lead to genuine happiness, but using money to boost your freedom can truly bring joy.

When it comes to making changes in life, it's essential to realize that true change comes from within. You have to identify with the person you want to become and let your actions reflect that identity. And let's not forget the power of meaning and purpose! They are essential motivators that can help you overcome doubts and negative feedback.

While passion is also important, it is not enough to succeed in life or business. To stand out from the crowd, you need to offer something unique.

Actions to take

Achieving Financial Freedom with a Money System

Achieving financial freedom is a goal that many people strive for, but only a few actually achieve. If you want to be financially free, utilizing the "unscripted money system" is the key. This system involves categorizing your money into three separate "pots": the “fuck you” pot, the home pot, and the paycheck pot.

The "fuck you" pot is a reserve of idle cash that can be utilized to invest in start-ups, become an angel investor, or even participate in poker tournaments. Basically, it comprises money that you are willing to risk and potentially lose, but its loss will not significantly impact your standard of living.

Meanwhile, the home pot is designated for purchasing your dream home without having to bear the burden of a mortgage. Finally, there's the most important pot - the paycheck pot.

The paycheck pot is where it's at. It's based on the capital principle, and it's a passive-income system made up of financial instruments that allow you to cover your bills, fund your lifestyle, and generate regular cash flow.

Actions to take

Living Free from Conformity and Mediocrity

Living an entrepreneurial life is more than just a job without a boss; it's a way of life that should be enjoyed every day, not just on the weekends. It means being free from the expectations of society, media, and culture.

To begin this journey, one must first plant the seed of going against the grain in their mind. With determination and wisdom, this seed can be cultivated into a lifestyle that brings abundance and happiness.

Actions to take

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