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
Of Wolves and Men
The Agile Gene
Leadership and Self-Deception
The Mythical Man-Month
Devouring Freedom
The War for Kindness
Changes in the Land
Childhood and Society
The Intel Trinity
What Do You Care What Other People Think?
Future Forward
Principles of Economics
Failure Is Not An Option
The Canceling of the American Mind
Richard Feynman
Consider Phlebas
Brave New Medicine
The Art of Manipulation
Diaspora
AI Superpowers
Keeping At It
Fooled By Randomness
Capitalism Without Capital
American Crusade
The Sixth Man
The Real Crash
The Billionaire Shell Game
On the Genealogy of Morals
The Fifth Season
Wanting
Kelly
Harry Potter
The Hunt for Red October
Now, Discover Your Strengths
The Evolution of Beauty
God's Debris
Maestro
The Story of Civilization
Bitcoin and Black America
The Promise of a Pencil
In Pursuit of Happiness and Good Government
Livewired
Beyond Entrepreneurship
Six Easy Pieces
The Minefield Girl
The Perfect Bet
To Kill a Mockingbird
Biography of the Dollar
The World Crisis
The Hitchhikers Guide to the Galaxy
Factfulness
Indistractable
The German Generals Talk
The River of Doubt
Burn
Getting Things Done
More From Less
Rational Expectations
Living Within Limits
I Know Why the Caged Bird Sings
The Art of Travel
How Big Things Get Done
The Knowledge
Human Action
Complexity
The Path To Power
Drive
Elon Musk
Merchants of Doubt
Vitamania
Zurich International Chess Tournament, 1953
Mycelium Running
Restoring Our Republic
The Snow Leopard
Moab Is My Washpot
Dealers of Lightning
The Great Transformation
In Search of Lost Time
Liftoff
Obsession
The Golden Compass
Revolution from Within
Startups
Screw Business As Usual
The Story of Civilization: The Age of Napoleon
Creation
The Unwritten
Alchemy
The Feynman Lectures on Physics
Lean Solutions
Andy Grove
How Nature Works
Layered Money
Give and Take
Nuclear Terrorism
The Spy Who Came In From The Cold
Body by Science
Intellectuals and Society
The Rosie Effect
Polio