The E-Myth Revisited book cover

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber

$
10.77
Recommended by Lyn Christian in Episode #4 and Sierra McCleve in Episode #10. The E-Myth Revisited is a business book that challenges the traditional view of entrepreneurship. The author, Michael Gerber, argues that most small businesses fail because they are not run like businesses. Instead, they are run like jobs, with the entrepreneur working in the business instead of on the business.

Notes

The E-Myth Revisited provides a framework for entrepreneurs to transition from working in their businesses to working on their businesses. The framework is based on the following four components:

  • The Entrepreneur: The entrepreneur is the visionary who starts the business.
  • The Manager: The manager runs the business’s day-to-day operations.
  • The Technician: The technician provides the products or services the business sells.
  • The System: The system is the business’s set of processes and procedures.

The E-Myth Revisited is a helpful book for entrepreneurs struggling to grow their businesses. It provides a clear and concise framework for understanding the different components of a business and how they work together.

Here are some of the key takeaways from the book:

  • The traditional view of entrepreneurship is flawed.
  • Entrepreneurs need to transition from working in their businesses to working on their businesses.
  • The four components of a business are the entrepreneur, the manager, the technician, and the system.