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
Radical Uncertainty
Information
It's Earnings That Count
Entangled Life
The Signal and the Noise
Nothing To Lose
The 80/20 Principle
Think Like a Rocket Scientist
A Matter of Degrees
Writing My Wrongs
Mindfulness in Plain English
The Power of Broke
Call of the Reed Warbler
The Forgotten Man
World Order
Startups
Anthropic Bias
P53
Energy And Civilization
Why We Sleep
The Golden Compass
Sexual Personae
Smart People Should Build Things
The Trap
Saving Capitalism from Short Termism
Fahrenheit 451
A Woman Makes a Plan
Models. Behaving. Badly.
The Death of the Artist
Chasing Hillary
How To Talk to Anyone
Strength In Stillness
Grit
Ford vs. Ferrari
Public Opinion
Lean Thinking
Dopamine Detox
Intellectuals and Society
The Only Investment Guide You'll Ever Need
Tools of Titans
The Dragons of Eden
Defend The Border and Save Lives
How Google Works
Out of the Crisis
Poor Charlie's Almanack
The Third Chimpanzee
Pippi Longstocking
The Power of Relentless
The Billionaire Shell Game
A Whole New Mind
The Inflamed Mind
Old Man and the Sea
Bad News
Being Aware of Being Aware
The Blind Watchmaker
United States of Socialism
Moonwalking with Einstein
Fallen Dragon
Slouching Towards Bethlehem
On The Principles of Political Economy and Taxation
Out of Mao's Shadow
Adaptive Markets
The Vision of the Annointed
Fertility Pastures
The Act of Creation
Central Banking 101
River Out of Eden
Fall; or, Dodge in Hell
A Story Lately Told
The Boys Vol. 1
The Discovery of France
The Wisdom of Life
Work Hard. Be Nice.
Dog Man
Talent
Frames of Mind
The Book of Five Rings
Architects of the Web
The Second World War
The Grapes of Wrath
Bitcoin and Black America
Americana
Defender In Chief
Under Saturn's Shadow
Who
The Master and Margarita
Platform Revolution
The Making of Europe
Globalizing Capital
The Viral Storm
Planta Sapiens
Experimental Man
In Praise of Slowness
An Inconvenient Truth
Mohandas K. Ghandi
The Rise of the Rest
Can't Hurt Me
The City In History
The Survivor
Washington