Book 100 of 141

    From the library

    The E-Myth Revisited

    Michael Gerber, 1995

    In one paragraph

    Gerber’s classic shows founders how to build businesses that run on systems, not heroics—document processes, design a franchise prototype, and work on the business rather than in it.

    Also tagged

    Entrepreneurship
    Operations

    Where this sits in the operating system

    Systematic Operations

    Systems Over Goals

    Process Documentation

    Systems Over Goals

    System-Independent Performance

    People & Relationships

    Key insights

    Most small businesses are started by technicians who are good at the work and then trapped by it.

    Work on the business, not in it. Build the franchise prototype whether or not you ever franchise anything.

    Technician, manager and entrepreneur are three roles one person cannot hold simultaneously, which is the actual diagnosis.

    Recognise it early

    The failure and the correction sit side by side deliberately. Read the left column asking whether any of it is already true of you.

    What goes wrong

    Working only in the business instead of on it

    Work ON your business, not IN your businessbuild systems

    Being a technician with entrepreneurial seizure

    Develop true business leadership - balance all three personalities

    Creating business dependency on personal involvement

    Business depends on you means you have jobbuild independence

    Inconsistent delivery due to lack of systems

    System runs business, people run systemdocument everything

    Lack of clear direction and motivation

    Without Purpose, Passion, Process people flounderprovide clarity

    The same idea, argued differently

    John Warrillow

    Ryan Daniel Moran

    Bill Bonney, Gary Hayslip, Matt Stamper

    The full breakdown

    Before you close this

    Naming the specific moment you will act roughly doubles the odds you do.

    Reference

    Author
    Michael Gerber
    Published
    1995
    Category
    Business

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