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
Confessions of a Pricing Man
Kingpin
River Out of Eden
My American Journey
Behave
Take On The Street
Life 3.0
The Republic
Beyond Good and Evil
Kill Switch
King of Capital
Mindware
The Bitcoin Standard
The Rise And Fall Of American Growth
Systems Medicine
Saving Capitalism from Short Termism
Start With Why
Representing Talent
House On Fire
Made to Stick
Meaningful Work
Don't Make Me Think
The Power of Positive Thinking
The Unsettling of America
The Madness of Crowds
The Master and Margarita
The Body Keeps The Score
The Kill Chain
A History of the Mind
Getting Things Done
Wild Swans
Startup Playbook
Uncommon Measure
The Structure of Scientific Revolutions
Why Minsky Matters
Bad Therapy
One Hundred Years of Solitude
Trade Is Not A Four Letter Word
The Gift of Good Land
Leadership
The Copernican Revolution
Night Sky with Exit Wounds
Start-up Nation
It's Earnings That Count
Jurassic Park
That Will Never Work
Bravey
Electrify
A Man for All Markets
The Great Revolt
The Autobiography of Benjamin Franklin
The Real Crash
Atomic Habits
The Truth about Carbs
Striking Thoughts
Calm Your Mind with Food
Master Of The Game
Let Your Life Speak
How The Internet Happened
Acts of Love
The Four Obsessions of an Extraordinary Executive
Just Mercy
Dynasty
Radical Uncertainty
Mint Condition
Norwegian Wood
Beyond Religion
The Accidental Universe
The Psychology of Intelligence Analysis
Welcome to Your Brain
Andy Grove
Maisy Mouse Collection
How To Win Friends and Influence People
Quality Investing
A Shot To Save The World
The Great Book of Amber
The Six Pillars of Self-Esteem
Bloodlands
Apollo's Arrow
Conflicted
Deiter Rams
Being Nixon
The Book of Awakening
Future Babble
Charlie Munger
Zorba the Greek
Entangled Life
Marc's Mission
Intellectuals and Society
Lost Ocean
Leaving Microsoft to Change the World
Black Elk
The Botany of Desire
The Creature from Jekyll Island
Genome
A History of the World in Seven Cheap Things
Political Tribes
How Trump Is Making Black America Great Again
The Fiat Standard
Sex at Dawn