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
Astrophysics for People In a Hurry
Guns, Sails, and Empires
At Play in the Fields of the Lord
Faraday, Maxwell, and the Electromagnetic Field
Writing My Wrongs
Dance to the Tune of Life
Bet The Farm
The Interpretation of Dreams
The True Believer
American Prison
National Economic Planning
Seeing Is Forgetting the Name of the Thing One Sees
Memos From The Chairman
Darwin's Blind Spot
Once a Warrior
The Intel Trinity
Power Failure
Trust Me, I'm Lying
Expectations Investing
Everything All At Once
Glass
The Sun Also Rises
History of the World
Code
The Jungle Book
The Creative Society
The Most Important Thing
The Ordeal of Civility
Good Calories, Bad Calories
Awareness
A Universe From Nothing
DeMark Indicators
The Red Queen
Walter Benjamin
The Man Without a Face
Moorish Spain
End The Fed
Rational Ritual
Being You
The Blue Sweater
The Remains Of The Day
Influence
I Am Not a Tractor
The Trump Century
The Little Prince
A Magic Web
The Outsiders
On The Principles of Political Economy and Taxation
Dreamland
The Dao of Capital
The Hour Between Dog and Wolf
My Inventions
Your Dad Stole My Rake
Nixonland
Long Walk to Freedom
It's About Damn Time
A Higher Loyalty
Sex, Drugs, and Rock 'n' Roll
Dream Yoga
Sam Walton
The Quest
The Knowledge
In the Company of Giants
The Enchiridion
The Creative Act
Democracy In America
Blink
Hillbilly Elegy
War
Small Is the New Big
The Language Instinct
The Snowball
Slow Horses
Anything You Want
Children of Dune
A History of the English-Speaking Peoples
Financial Derivatives
Born Standing Up
When I Say No, I Feel Guilty
Self Reliance
End of Illness
Defend The Border and Save Lives
Innovating Out of Crisis
Reamde
Burn
The Immortality Key
Joy on Demand
The New Science of Strong Materials
The Invention of Air
When The Facts Change
Shantaram
The Order of Time
Built from Scratch
#AskGaryVee
Blitzscaling
Billion Dollar Whale
100 Best-Loved Poems
Man's Search for Meaning
Perfectly Reasonable Deviations from the Beaten Track
Surely You're Joking Mr. Feynman