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
History Has Begun
The God Proof
Buffett
An Elegant Defense
Competition Demystified
Diaminds
The Inevitable
The Checklist Manifesto
Thai Stick
Live Free or Die
Leonardo Da Vinci
A Random Walk Down Wall Street
Total Freedom
Shook One
The Light Of Other Days
The Tyrrany of Guilt
The Warren Buffett Way
Zurich International Chess Tournament, 1953
Off The Record
Physics from Finance
Everything Happens For a Reason
The Art Of Doing Science And Engineering
An Astronaut's Guide to Life on Earth
Ghost Fleet
Conspiracy of Fools
How to Teach Your Baby to Read
The Future Is Faster Than You Think
Startups
We Are The Nerds
The Autobiography of Malcolm X
Tribe
The Alchemy of Air
The Death and Life of Great American Cities
A Confederacy of Dunces
The Spy and The Traitor
Born to Run
Million Dollar Weekend
The 10,000 Year Explosion
A Life
One Simple Idea
The Obstacle Is the Way
In Pursuit of the Common Good
Zen in the Art of Archery
The Ones We Have Been Waiting For
The Hitchhikers Guide to the Galaxy
What It Takes
The Song of the Cell
Scaling People
Accidental Presidents
I am Anne Frank
Deng Xiaoping and The Transformation of China
I Think, Therefore I Laugh
A Bold Return to Giving a Damn
The Art of Living and Dying
The Complete Calvin and Hobbes
The Spider Network
The Tartar Steppe
Technopoly
In Defense of a Liberal Education
The River War
The Dream Machine
The Story of Design
Leaders
Why Information Grows
The Price of Tomorrow
Virtual Economies
Adaptive Markets
Grit
The Infidel and the Professor
Virtual Society
Foundation and Earth
The Robotics Primer
The Black Dahlia
Payoff
The Princeton Companion to Mathematics
King Lear
Remote: Office Not Required
Game of Thorns
The Basic Laws of Human Stupidity
Complexity
Leonardo Da Vinci
The 4 Hour Body
The Gospel of Wealth
Winning
Dune Messiah
More Heat Than Light
An Inconvenient Truth
The Utopia of Rules
Out of Mao's Shadow
The Three Body Problem
The Science of Success
How To Win at the Sport of Business
Hell Yeah or No
The Oz Principle
The Great Rupture
The Promise of a Pencil
The Great Illusion
The Venture Mindset
The Age of Entitlement
The World