The E-Myth Revisited

How to Turn a Great Idea into a Thriving Business

Michael E. Gerber

Recommended By

Book Synopsis

"The E-Myth Revisited" by Michael E. Gerber is a groundbreaking book that challenges the conventional wisdom surrounding entrepreneurship and business ownership. Gerber argues that most small business owners fail because they fall into the trap of working in their business rather than on it.

Through vivid storytelling and practical advice, Gerber introduces the concept of the Entrepreneurial Myth (E-Myth), which suggests that most small business owners are not true entrepreneurs. Instead, they are technicians who possess a specific skill and mistakenly assume that skill is enough to run a successful business.

Gerber emphasizes the importance of developing a clear vision for the business and transforming it into a replicable system. He outlines three distinct personalities – the technician, the entrepreneur, and the manager – and explains how the successful business owner must balance these roles to create a thriving organization.

Drawing on his extensive experience as a business consultant, Gerber offers actionable insights on how to systemize processes, hire and train competent employees, and develop a business that can grow independently of its owner. He also outlines the importance of implementing strategic planning and effective leadership to ensure long-term success.

"The E-Myth Revisited" serves as a practical guide for entrepreneurs and small business owners who seek to transform their existing business or start a new one on the right footing. By debunking common entrepreneurial myths and providing a clear roadmap for building a sustainable business, Gerber empowers readers to overcome the pitfalls that often lead to failure and achieve their entrepreneurial dreams.

Explore More Books

See All
The Hero with a Thousand Faces
Broken Money
Reminiscences of a Stock Operator
A Full Life: Reflections at Ninety
A Bright Future
Why Wages Rise
The Brand Flip
Bloodlands
Trading Bases
Reinventing American Health Care
The Making of Prince of Persia
Memos From The Chairman
The Hunger Games
Margaret Thatcher: Herself Alone
The Measure of Reality
The Most Important Thing
Perilous Interventions
The Republic
Deep Survival
Dealing with China
March
The American Challenge
The Wager
Drawing Life
BLITZ
A Short History of Myth
How To Get Rich
Longitude
Wonderworks
I Love Capitalism
The Benedict Option
The Venture Mindset
Making The Modern World
The Role of the Individual in History
Musashi
Emergency
Automate This
Too Soon Old, Too Late Smart
Bureaucracy
High Fidelity
Frenemies
Start-up Nation
The Sleep Revolution
The Righteous Mind
Incognito
Genome
The Therapeutic Turn
The Secret Life of Salvador Dalí
The Martians of Science
The Immortality Key
Physics of the Future
The Elements of Style
Creativity, Inc.
Trillion Dollar Coach
Way of the Warrior Kid
Jane Eyre
Catastrophic Care
Knowledge and Decisions
Lenin
Crime and Punishment
Animal Farm
Battlegrounds
America's Cultural Revolution
Deep Medicine
Representing Talent
Walking
The Advantage
The Art of Living and Dying
The Science of Conjecture
The Six Pillars of Self-Esteem
Inside the Investor's Brain
Seven Brief Lessons on Physics
Grass Productivity
The Success Equation
A Most Beautiful Thing
The Kite Runner
Conspiracy
The Extension of Man
The Choice
Thinking Physics
The Ambiguities of Experience
Holistic Management
Thinking with Type
Co-Intelligence
The Conquest of Gaul
Hyperbole and a Half
The Start-up of You
Tender Is The Night
The Great Book of Amber
Down to Earth
Devil's Harbor
The Piano Tuner
Science and Method
Wealth of Wisdom
What Has Government Done To Our Money?
The Belly Art Project
Oh, The Place You’ll Go
Trump and Churchill
Deng Xiaoping and The Transformation of China
Twilight of the Bombs