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The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It By Michael E. Gerber The E Myth Revisited Why Most Small Businesses Don t Work and What to Do About It E Myth e mith n the entrepreneurial myth the myth that most people who start small businesses are entrepreneurs the fatal assumption that an individual who understands the technical work of a bu

  • Title: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
  • Author: Michael E. Gerber
  • ISBN: 9780887307287
  • Page: 487
  • Format: Paperback
  • The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It By Michael E. Gerber E Myth e , mith n 1 the entrepreneurial myth the myth that most people who start small businesses are entrepreneurs 2 the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical workVoted 1 business book by Inc 500 CEOs.An instant classic, this revised and updated edition of theE Myth e , mith n 1 the entrepreneurial myth the myth that most people who start small businesses are entrepreneurs 2 the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical workVoted 1 business book by Inc 500 CEOs.An instant classic, this revised and updated edition of the phenomenal bestseller dispels the myths about starting your own business Small business consultant and author Michael E Gerber, with sharp insight gained from years of experience, points out how common assumptions, expectations, and even technical expertise can get in the way of running a successful business.Gerber walks you through the steps in the life of a business from entrepreneurial infancy through adolescent growing pains to the mature entrepreneurial perspective the guiding light of all businesses that succeed and shows how to apply the lessons of franchising to any business, whether or not it is a franchise Most importantly, Gerber draws the vital, often overlooked distinction between working on your business and working in your business.The E Myth Revisited will help you grow your business in a productive, assured way.
    The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It By Michael E. Gerber

    Business Coaching EMyth Transform Your Business The E Myth Revisited Millions of copies sold We wrote the book on how to build a business that gives its owner freedom and produces consistent, predictable results and shaped the world of business coaching and entrepreneurship in the process. The E Myth Why Most Businesses Don t Work and What to Do The E Myth Contractor Why Most Contractors Businesses Don t Work and What to Do About It The E Myth Revisited Why Most Small Businesses Don t Work E Myth e , mith n the entrepreneurial myth the myth that most people who start small businesses are entrepreneurs the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical work Voted The E Myth Revisited Why Most Small Businesses Don t Work Sep , The E Myth Entrepreneurial Myth is that businesses are started by entrepreneurs seeking profit In actuality, businesses are started by technicians employees who decide to work for themselves The problem is they understand the technical work, not the business itself. The E Myth Summary How to Create a Business That Won t Oct , Gerber uses the framework of a baker named Sarah to provide context for the topic in the E Myth, which humanizes concepts like process management and the attitude business owners should adopt By themselves, these are things that can easily become dry and boring but Gerber ingeniously circumvents that problem. The E Myth Book Review Profit Advisors Michael Gerber s book, The E Myth, is a great book explaining how to create a business that works independently of the entrepreneur who started it.

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    One thought on “The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

    1. Chad Warner on said:

      This book tells how to get your business to run without you It shows how to work on your business, not in it It explains how to get your people to work without your interference It tells how to systematize so the business could be replicated 5,000 times It shows how to do the work you love rather than the work you have to do.The E Myth Entrepreneurial Myth is that businesses are started by entrepreneurs seeking profit In actuality, businesses are started by technicians employees who decide to wo [...]

    2. Christopher on said:

      About half a dozen important ideas buried in a mass of cloying, poorly written prose.The 268 pages dedicated to this text could have been cut to 60 and the book would have been better for it As it is, prepare to skim.The author s habit of inventing characters that compliment him on his own ideas is a recurring and increasingly annoying technique He also compliments his invented characters for their eloquence and drops repeated advertisements for his own company in the text Classy.

    3. Travis on said:

      If it weren t for the condescending, overly simplistic, overly drawn out, incessantly repetitive tone of this book, it would be good it does have meaningful concepts, it just should have been twenty pages long I ve spent years working in consulting where process works when people don t This book took sixty pages to suggest that the poor overworked technician hire help Another fifty pages to explain that you need good processes so that you can hire low skilled people That you define a role and wo [...]

    4. Wellington on said:

      This is a fine book showing some of the flaws of small businesses and why so many fail The author uses a fictional small business owner who started a pie shop and running herself ragged She has a great gift in making pies but is burning herself out She was thinking about how she her job was making and selling pies when her business could and should be so much .Successful companies don t actually sell the products that they make They fulfill an emotional need of their clients For instance, Southw [...]

    5. Sophie on said:

      The The E Myth Revisited deals with two major misconceptions about running a business that every small business owner is an entrepreneur and the assumption that working on your business is the same as working in your business This book is an absolute must read for business owners and while on occasion the writing is a little cheesy there are plenty of really important topics discussed in a clear, informative manner, which will help you grow your business in a productive and successful way.

    6. Chris on said:

      I skimmed this book five years ago after hearing about it from some North Point staff members I thought I understood the basic ideas, so for the last five years the book sat on my shelf Until this week I had a chance to listen to the book this week, and will likely add it as required reading for all our new staff members.Great lessons 1 Most people get into business ministry because they like doing something and wish they could do it for themselves Naively, they think they ll have flexibility o [...]

    7. Meg on said:

      I read this a few years ago It was the text for one of my husband s business classes He said it was a good book and I said, WHAT DID YOU JUST SAY qualifies as one of the most rare phrases to escape his gorgeous lips So I had to read it, see.It s actually pretty amazing I m betting I ll never start my own business, because the things I do tend to be less marketable services and commodities Reading, doing laundry, watching Buffy the Vampire Slayer Don t think you get paid for any of those things H [...]

    8. Filipe Lemos on said:

      This book is appears in all must read business books lists.Well, not on mine.While I agree that standardization of processes can go long way, the McDonald s of the world already exist Trying to create another one, is as likely as to aiming to be the next Facebook.The way I work in the corporate world, and the way I see myself working in an enterprise of my own, isn t factory work, follow the manual and nothing but the manual, don t think just execute bogus.We re human working for humans, everyon [...]

    9. Nicholas on said:

      The general stuff was good A lot of the specifics are born out of an older era of thinking Just think of those few innovative companies that did away with the organizational charts Think of those companies that laugh at it because it doesn t reflect reality But is that because the idea of the chart is wrong or people just don t know how to make them properly Perhaps the chart should be cut into a big jumble of different tasks all of which can be passed around like little bracelets Your job is ju [...]

    10. Elise Edmonds on said:

      The principles in this book are very good, and I think Gerber nails the reasons why so many small businesses fail The distinction between the roles of Entrepreneur, Technician and Manager are well thought out and reflect reality.The systems Gerber recommends putting into place are stringent, and I feel it would be difficult to transfer them to certain types of business service businesses, and highly skilled technical businesses for example It s very much geared to businesses that provide goods a [...]

    11. Daniel Taylor on said:

      Self employment does not make you an entrepreneur.In this classic, Gerber highlights the three functions in a business the Entrepreneur, the Manager, and the Technician Self employed people stay on the Technician level and thus limit themselves.He then moves onto the three stages of business growth, Infancy, Adolescence, and Maturity and shows how the role of the functions change as you grow.Finally he outlines a Business Development Program, a practical Turn Key system for putting his ideas int [...]

    12. Robert on said:

      A life laking in comprehensive structure is an aimless wreck The absence of structure breads breakdown Quote from The Third Wave, Alvin Toffler So Mr Gerber makes the point that in a broken world our businesses need to be the shelter from the chaos with what Mr Gerber calls Impeccable order The difference between great people and everyone else is that great people create their lives actively, while everyone else is created by their lives, passively waiting to see where life takes them next Micha [...]

    13. Mario Tomic on said:

      This book is an absolute MUST READ for anyone looking to start or manage a business It s evergreen wisdom that will give you a nice foundation how to plan your business and the proper way to manage it Even if you don t wanna start your own company this book will definitely help you understand about business in general and how the structure of a stable company works This is a really valuable book full of wisdom, don t miss out

    14. Patrick Sherriff on said:

      I am a small business owner, or at least I thought I was before I read this book, but now I realise I m not Yes, I m a self employed English language teacher in Japan, but what I have isn t a business so much as a job The crucial difference being what happens if you stop pedalling If I did, the bike would quickly grind to a halt and topple over That means I have a job A business on the other hand is an institution even a small one that could be run by someone else The real difference, as Gerber [...]

    15. Farnoosh Brock on said:

      It felt like overnight MBA school Or better A 5 star through and through I never got my MBA I ve build a 6 figure business after resigning from my long corporate career, and I m never going to go for the MBA, but listening to Michael Gerber s E Myth Revisited book, I feel like I just went to overnight MBA School.I listened to the book at 1.5x the speed over several flights and learned SO MUCH and I feel that even if you are a pro small business owner, you ll get a lot out of this book.This is am [...]

    16. Melissa Jill on said:

      This book is one of the most highly acclaimed reads for small business owners I started listening to it on CD a few years ago and then got distracted and just finished it recently I got the gist of the message a few years back and it truly shaped my business and focus from that point forward.The E Myth Entrepreneurial Myth is that businesses are started by entrepreneurs seeking profit In actuality, businesses are started by technicians employees who convince themselves that they could be their o [...]

    17. Chris Mower on said:

      I ve read this book 3 times now over the past 5 years well, I read it once very thoroughly and marked it up with highlights and notes then read skimmed it the second and third times truth is it drives me nuts when people invent characters dialogue in these types of books, and it s even annoying when the dialogue is unnatural Grudges aside, it teaches excellent business principles and ideas and thus comes highly recommended for the ideas, just not for the writing style.

    18. Alex Stevenson on said:

      Hands down the best book on business I ve read yet You often hear the same generic motivational narrative and watered down advice over and over This book was the complete opposite it shows you the core of what a business really is and gives you practical advice on starting a successful one A must read for anyone into entrepreneurship, and even if you aren t it ll give you invaluable advice on how to use systems to achieve results in your every day life.

    19. Louai Roumani on said:

      I am usually very skeptical about business books there seems to be an endless stream of new books underlying revolutionary theories on what to do and what not to do in business Some say you should plan , others insist the way to go is not to plan and so on In spite of this skeptical mindset, I gave this book a chance as recommended by a friend Little did I know that I was destined to the best business book I have ever read The language is so simple and practical, yet so engaging and pervasive Ev [...]

    20. Dillon on said:

      seems like good solid advice I won t rate it because I m not a small business owner and can t say firsthand if the stuff works or not, but I m sure it does Here are some things from the book systematize as much as possible people, organization, management, marketing make things as simple as possible for employees Anyone who can follow simple instructions should be able to keep the business running don t make yourself indispensable or you ll be a slave to your business when it should be your busi [...]

    21. Toma on said:

      I definitely recommend this book to any aspiring entrepreneur or small business owner.

    22. Jim on said:

      One of the worst titles for one of the best business books I ve read in a long time The E Myth stands for the Entrepreneur myth which, in Gerber s opinion, has caused many small American businesses to fail Gerber believes that the notion that people of a certain type drive success in business, is pretty much dangerous bunkum Systems drive business, and if you construct the right systems, the business will run itself Of course, it s a bit complex than that In fact, it s a lot complex than that, [...]

    23. Brandon Allen on said:

      The E Myth is an important read for inspiring entrepreneurs if for no other reason than to keep you on track with doing what s important for your business Specifically making sure that you are always working on your business.The overall message of this book is for small business owners to have systems and processes in place for their business The main model that Michael Gerber uses is the franchise model that ensures that companies like McDonald s can operate anywhere in the country and still pr [...]

    24. Amit on said:

      Recommended reading for entrepreneurs.Notes Work on your business, not in it.A company is supposed to grow and it will not grow if you only care about the technical workBuild the company as a set of systems that could be copied for repeatable success.Clearly define and document every role and have an insight in every oneYour customers perceived need is important than their actual need.Experiment to make your systems better.Measure everything so you know if what you are doing is workingYour empl [...]

    25. Khánh Trình on said:

      S ch vi t n gi n, d hi u, c th h n so v i Lean Startup Hi u cho ng th l m business l c n o c ng c n ki m nh t ng t ng m i c a ng i qu n l , i h i ng i qu n l ph i c t duy i m i li n t c S ch ph h p cho nh ng ng i c n b ng ch a hi u r l m business th c s l nh th n o, x ng ng l m t best seller trong s c c s ch v business i m tr l n nh t l 2 ph n u vi t r t ch n, c ch vi t th ng xuy n l p l i, c xong r i t th y h i h n b nhi u th i gian c m c i ng i c cho k t u t i cu i hic T nh m nh l v y, c m m t [...]

    26. Jeff on said:

      Outstanding Second time I ve read it, better this time around If you are starting a new business or organization, this is a must read.Some takeaways The Entrepreneur, the Technician, the Manager.The true product of a business isn t what it sells but how it sells it.The Entrepreneur asks, Where is the opportunity Tom Watson, IBM Every day is devoted to business development, not doing business Mr Watson had a clear picture of what IBM would look like in the future and began to act like it in the p [...]

    27. Rob Dudek on said:

      This book is a must read Throughout the whole book I felt like Mr Gerber was talking directly to me As a small business owner I must admit, I wish I had read this book sooner it highlighted some of the mistakes I had made, as well explained certain processes and why they had occurred It s a quick and easy read, with the author or less getting straight to the point If I was you, I d definitely read this book, no matter if you re planning on starting a business or not these are very much things w [...]

    28. Harinderpal on said:

      I love the book For someone who wants to start his business must read this Michael has cleverly shown the mistakes every entrepreneur makes I would agree with the title Why most Small Businesses Don t Work He has cleverly done research on entrepreneur s behaviour and how they behave in different situation What Successful Entrepreneur do different than unsuccessful.

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