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The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Paperback – October 14, 2004
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Michael Gerber's The E-Myth Revisited should be required listening for anyone thinking about starting a business or for those who have already taken that fateful step. The title refers to the author's belief that entrepreneurs--typically brimming with good but distracting ideas--make poor businesspeople. He establishes an incredibly organized and regimented plan, so that daily details are scripted, freeing the entrepreneur's mind to build the long-term success or failure of the business. You don't need an M.B.A. to understand or follow its directives; Gerber takes time to explain buzzwords and complex theories. Read in a clear and well-paced manner, listening to The-E Myth is like receiving advice from an old friend. --Sharon Griggins --This text refers to an out of print or unavailable edition of this title.
From Library Journal
Indicating that 40 percent of small businesses fail within their first year, Gerber, a small business expert, talks about how to be successful. In this revision of his 1986 book, he describes the "E-Myth," which basically states that a person with technical but few management skills can do well in business. Gerber describes developing a precise business system that produces consistent results because it has been tested and refined. He says that businesses thrive because of innovation, quantification, and orchestration. Visualize what is true success to you as a person, Gerber advises, and work from the ideal to the specific. While the author is a consumate salesman who reads his material in soothing tones, he offers too many abstract ideas and too few concrete plans. There is little useful content here. Not recommended.
Mark Guyer, Stark Cty. Dist. Lib., Canton, Ohio
Copyright 1995 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
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I got this book on the recommendation of Brian H. Murray, author of Crushing It in Apartments and Commercial Real Estate: How a Small Investor Can Make It Big. He does a much better job of drawing out a case study throughout the book in order to demonstrate core concepts in action, and I much prefer his style. Unfortunately, I suspect the subject matter is probably a little too specific for the average E-Myth reader.
I felt like towards the end, some detail about the conversation with Sarah could have been dwindled down but otherwise great book!
Hopefully, I can recap my experience in a year or so!
Gerber provides great feedback and things to keep in mind when you're going down each path. While it is awesome at explaining things, it definitely starts the discussion about things people should research before taking that jump. Overall, this book provided myself with great ideas on things I hadn't thought about.
As I said, I highly recommend this book for beginning business owners or existing owners looking to shore up their business plan and model.
I'd highly recommend this book to anyone before, during, or after they've taken the piling into being a small business owner.