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
Creativity and the Brain
Hard Landing
Four Quartets
Where Good Ideas Come From
Intellectuals and Race
Hard Drive
The Belly Art Project
Mandela's Way
The Discovery of France
Proof of Corruption
Barbarian Days
Benjamin Franklin
Pebbles of Perception
The Infinite Game
Prosperity
Gold In The Grass
The Moth Presents All These Wonders
The Closing of the American Mind
Infinite Powers
The Diamond Age
Competitive Strategy
Think Twice
Loonshots
The Future Is Asian
Opportunity Knocks
The Second Machine Age
The Wright Brothers
From Third World to First
Why Does College Cost So Much?
Simple Rules
The Cultural Cold War
The Uninhabitable Earth
Healthy Buildings
The Grid
Six Easy Pieces
DMT: The Spirit Molecule
How to Teach Your Baby Math
The Song Machine
The Inmates Are Running the Asylum
Principles for Dealing With The Changing World Order
Amazon Unbound
Letters To A Young Athlete
Imaginable
Lucky Me
The Salmon of Doubt
How To Be a No Limit Person
Scientific Advertising
Empire of the Summer Moon
Being With Dying
Olives
Walt Disney
Fortitude
More From Less
Thermoinfocomplexity
7 Powers
The Sacred Mushroom and the Cross
The Neverending Story
Deep Work
The Black Book of Communism
Shortcut
Defender In Chief
Social Cognition
Think Like a Rocket Scientist
Rebooting AI
Managing Oneself
Dreamstate
Seeker
The Moment of Lift
The Man Who Solved The Market
Quantum Computing Since Democritus
The Printing Revolution in Early Modern Europe
The Little Book of Bull Moves
Fast-Track Triathlete
Virus of the Mind
The Cost Disease
Heretics of Dune
The Fourth Turning is Here
The Paper Menagerie And Other Stories
Mortal Republic
Syntax & Sage
Hopping Over The Rabbit Hole
Hateship, Friendship, Courtship, Loveship, Marriage
The History of Money
Technically Food
The Mathematics of Politics
Dog Man
Free The Animal
However Long the Night
Holistic Management
This Explains Everything
The Essential Scratch & Sniff Guide to Becoming a Whiskey Know-It-All
Switch
An Immense World
Learning To Love Yourself
The Wayfinders
How to Change Your Mind
Programming Bitcoin
Revolution from Within
The Energy World Is Flat
The Money Game