The E-Myth Revisited
Book description
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 work Voted #1 business book by Inc.…
Why read it?
6 authors picked The E-Myth Revisited as one of their favorite books. Why do they recommend it?
I read this book in 2007 as my life was headed toward significant change as a business owner.
Before I became a partner in the business that my husband and I now own, we were tired of working for someone else, tired of fighting to steer the company in the right direction, and tired of feeling exploited as the only people generating significant revenue for the company. We had even explored buying a Smoothie King franchise and walking away from the business where we had invested so much time and energy.
Michael Gerber took us on a journey that helped…
From Denise's list on servant leaders who get things done.
In this book, Gerber discusses three types of business owners: the Entrepreneur, the Manager, and the Technician.
I have seen all three of these types in real life, and I agree with Gerber that 80% of businesses are run by technicians. I also agree that this type can struggle the most to build a profitable business that works without them. But unlike many other books, Gerber also gives ideas on what to do about it, which I loved. From putting in systems and processes to building a great team, the book got better and more engaging the more you read.
From Kevin's list on helping build a great business.
I say this as a business owner myself… this book by Michael E. Gerber is an absolute must-read for any small business owner.
My book actually builds on The E-Myth, and I applied the principles myself — and achieved results!
If you're a new entrepreneur or small business owner, this book will teach you the ins and outs of using systems and processes to your advantage, and help you identify which areas of your business require them the most.
Plus, you'll gain valuable insights into why businesses often struggle to take off (or even fail after they do!) with practical…
From David's list on business systems and processes for small business owners.
When you start a side hustle, you will more than likely be the one doing most, if not all, of the work. However, at a certain point, you will need to bring in the help of others in order to scale your business. The E-Myth clearly defines the three roles within a business; the technician, the manager, and the entrepreneur. At first, you will fill all of these roles. This book is crucial for the turning point in your side hustle in which you want to get out from “behind the wheel.”
From Ryan's list on how to get a side hustle started.
In this book, Gerber outlines some of the business mistakes that plague small business owners and restrict their ability to grow their ventures.
As a business mentor to entrepreneurs this hits very close to home. It’s something that I talk to founders about, and need to be aware of myself as a business owner.
Coming from a corporate tech background I feel very strongly that small businesses shouldn’t be chaotic, and that intelligent systems can be put in place to help any business to scale and run efficiently. The E-Myth Revisited demonstrates the power of systems to revolutionise businesses using…
From K.N.'s list on developing an entrepreneurial "growth" mindset.
There is a difference between good at what you do and creating a business. This book will help you learn the value of working on your business, not just in your business. The book explains why 80% of small businesses fail, and how to ensure yours isn’t among those. Learn why you need to build a company that’s based on processes and systems and not on the work of a single person and their talent.
From Bryan's list on for aspiring entrepreneurs.
Want books like The E-Myth Revisited?
Our community of 12,000+ authors has personally recommended 100 books like The E-Myth Revisited.