The E-Myth Revisited
Why Most Small Businesses Don't Work and What to Do About It
Ratings32
Average rating3.7
15
Why Most Small Businesses Don't Work and What to Do About It
Ratings32
Average rating3.7
In this first new and totally revised edition of the 150,000-copy underground bestseller, The E-Myth, Michael Gerber dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. He walks you through the steps in the life of a business from entrepreneurial infancy, through adolescent growing pains, to the mature entrepreneurial perspective, the guiding light of all businesses that succeed. He then shows how to apply the lessons of franchising to any business — whether or not it is a franchise. Finally, Gerber draws the vital, often overlooked distinction between working on your business and working in. your business. After you have read The E-Myth Revisited, you will truly be able to grow your business in a predictable and productive way.
Reviews with the most likes.
Good read, lots of really interesting and helpful points. I'd say it changed my attitude toward small business. I found it a bit hokey at points, which took away from my enjoyment a bit but it made for a quick read.
There are some great insights in this book, but the writing is unbelievably bad and drawn out. Speed read the fluff and focus on the sections about roles.
Stepping beyond the confines of academia, I anxiously dove into my first job, contending with excessive self-doubt and a deficit of ambition. Initially thrust into the role of managing HR amid rapid scaling I, then a naive and young graduate, grappled with the complexities of hiring at breakneck speed. We went from a team of 40 to a team of 100 in one and a half years, then had to navigate a storm of layoffs that left a team of less than 20 during the recession. I felt like a monkey at a typewriter, throwing bananas in the dark and praying one hits the bullseye. This experience taught me intimately the challenges faced by startups—scarce resources, time constraints, and the responsibility of nurturing a resilient team (i.e. manipulate employee loyalty) in an uncertain climate.
Halfway into this frenzied journey, my boss handed me this lifeline, and partly because I had no idea what I was doing, the solution (or rather how it's worded) really spoke to me: create a business that exists apart from you - 1) create a clearly defined structure through documentation for your people through which they can test themselves and be tested, 2) design systems that produce consistent predictable results by people trained in your way, and 3) systematise your business in such a way that it could be replicated 5,000 times. It was the recipe to create order from chaos! I was a novice chef being asked to cook a gourmet meal without burning down the kitchen. This was the book that motivated and cheered me on as the flames danced around me.
