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The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It [Paperback]

Michael E. Gerber
4.4 out of 5 stars  See all reviews (156 customer reviews)
List Price: CDN$ 22.99
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Book Description

Mar 9 1995
<P>An instant classic, this revised and updated edition of the phenomenal bestseller dispels the myths about starting your own business. Small business consultant and author Michael E. Gerber, with sharp insight gained from years of experience, points out how common assumptions, expectations, and even technical expertise can get in the way of running a successful business.

<P>Gerber 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 -- and shows how to apply the lessons of franchising to any business, whether or not it is a franchise. Most importantly, Gerber draws the vital, often overlooked distinction between working on your business and working in your business.

<P>The E-Myth Revisited will help you grow your business in a productive, assured way.


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The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It + The E-Myth Enterprise: How to Turn a Great Idea into a Thriving Business + E-Myth Mastery: The Seven Essential Disciplines for Building a World Class Company
Price For All Three: CDN$ 46.55

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Product Description

From Amazon

Michael Gerber's The E-Myth Revisited should be required reading 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 organised 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 MBA to understand or follow its directives; Gerber takes time to explain buzzwords and complex theories. Written in a clear and well-paced manner, The E-Myth Revisited is like receiving advice from an old friend. --Sharon Griggins

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 the Audio Cassette edition.

Inside This Book (Learn More)
First Sentence
If you own a small business, or if you want to own a small business, this book was written for you. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Customer Reviews

Most helpful customer reviews
13 of 13 people found the following review helpful
4.0 out of 5 stars Eye Opener!!! May 2 2004
By A Customer
Format:Paperback
Pros: Easy read, exposes pitfalls, many helpful ideas and many paradigm shifts, excellent!
Cons: Challenging concept for my business of one. No Index.

This is an easy read that took me two days to get through. It's simple, repetitive and just the way I like it. But by no means simplistic. To me, it is well written, when the author gets their ideas across quickly and makes them seem easy. The book gets personal about the author as it tries to relate itself to the reader, yet shows a sense of writing maturity in it's simple delivery of so broad a topic. It also gets personal about you as you discover that your business is a reflection of you.

A mixture of experience and facts, blue prints and rules told in a conversational story with a semi-fictional character. This style of using a third party character to clarify and reinforce the ideas worked well with me. It helped balance and pace the lessons with a fine sense of timing and added perspective. The book is informational, motivational and even funny at times.

Gerber sets the stage by prefacing the four ideas that are the basis of the book's lessons. He identifies and compares three personalities being The Entrepreneur, The Manager and The Technician in us and shows us how and why most businesses fail. He identifies phases of the entrepreneurial business as infancy, adolescence and maturity and the pitfalls of each. He covers six rules on how to shift from working 'in' your business to working 'on' it. And goes over the three activities to help it evolve being, Innovation, Quantification and Orchestration, systems to blueprint your business. He covers the Business Development Process and to think of how to turn it into a franchise that is a saleable Turn-Key business. He then explains the seven steps to developing your business, which he covers in detail but some didn't inspire my confidence, as they are large subjects in themselves. Like, 'Your Marketing Strategy' or Your People Strategy'. But they do develop a framework from where to start and the questions to ask yourself. He constantly helps focus us by asking excellent thought and direction provoking questions.

The book packed with many useful ideas and principles if you decide to buy into them, however is also a way for him to sell his services. By occasionally positioning his company or website as a source of answers to some of the questions the book poses is a great form of self-promotion, however they may be disguised in a story. Some thoughts that came to mind while reading were, why not just find and utilize a mentor? Success leaves clues. I struggled with the though that all businesses are started with one thing in mind and that is to sell it for a profit. The book has many paradigm shifts like this one that challenge us to look at our companies in a different light. Only when I realized that I didn't have to sell my business (If I happened to build an IBM) did I understand the idea. I'm still struggling with finding a compelling vision of how to turn my particular service business of one into a salable entity. Maybe I need to visit his website and enlist in the services he offers. Maybe I just need to find a few successful role models within my business. I will read it again in a few weeks.

I would have liked to see an index in the back to help find needed references quickly. Maybe a future publishing might get one?

A healthy experienced perspective and a plan to help build a successful business life.

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5 of 5 people found the following review helpful
4.0 out of 5 stars Views from a larger company CEO Blog Feb 4 2008
Format:Audio CD
I recently re-read E-Myth and E-Myth revisited by Michael Gerber ([...] His thesis is to work on the business, not in the business. He is a big believer of systematizing and documenting processes. Dumbing things down so anyone can do them.

Although the primary thrust of his books are targeted at small business (and since I started my business from 0, I am a bit of a small business person despite running the Billion dollar company), there are some gems for larger businesses as well.

It speaks to scalability. Creating a system that can grow and does not require any specific person in order to do this. Then polishing the system at every opportunity to make it better.

What I am finding in the current polishing is that the adaptability of the people is a key trait. People tend to be the barrier to new systems. The adaptable ones will thrive. Part of what I need to do is to also moderate some of the change in order not to break a good thing. Although we need to change - we also need stability. It is that balance that I seek.
Was this review helpful to you?
5 of 5 people found the following review helpful
4.0 out of 5 stars The E-Myth Revisited Dec 18 2006
Format:Paperback
Views from a larger company CEO Blog, April 10, 2006

I recently re-read E-Myth and E-Myth revisited by Michael Gerber ([...] His thesis is to work on the business, not in the business. He is a big believer of systematizing and documenting processes. Dumbing things down so anyone can do them.

Although the primary thrust of his books are targeted at small business (and since I started my business from 0, I am a bit of a small business person despite running the Billion dollar company), there are some gems for larger businesses as well.

It speaks to scalability. Creating a system that can grow and does not require any specific person in order to do this. Then polishing the system at every opportunity to make it better.

What I am finding in the current polishing is that the adaptability of the people is a key trait. People tend to be the barrier to new systems. The adaptable ones will thrive. Part of what I need to do is to also moderate some of the change in order not to break a good thing. Although we need to change - we also need stability. It is that balance that I seek.
Was this review helpful to you?
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Most recent customer reviews
5.0 out of 5 stars worth reading if you own a frustrating small business
What a book! I've owned a small business for 13 years, and this book explains very clearly why I can put an enormous amount of effort into it, but it won't grow. Read more
Published 12 days ago by WC
5.0 out of 5 stars added to my collection
flowchart of business activities especially helpful; and the perspective of systemization/standardization/metrics is invaluable. Have also read other books by M. Gerber. Read more
Published 1 month ago by dave
5.0 out of 5 stars If you want to have a business that works For You, this is the...
This book brought amazing insights to me. The case studies in there reflected my situation. I realized, I created a job for me not a business. Read more
Published 2 months ago by mila uhl
5.0 out of 5 stars great speed.
Smooth buying, great shippment, proper package. The book is very helpful, and I will read it again and again. Will come back again.
Published 2 months ago by Meilin
5.0 out of 5 stars Saved me from at least one serious business error
I enjoyed this book very much. We learned our "creating a business" lessons through a story about a person opening a bakery. Read more
Published 5 months ago by Anita Flegg
5.0 out of 5 stars great book for business owners or the self-employed
This book is a great foundation for understanding what separates the self-employed from the business owners. Read more
Published 5 months ago by Eyra Abraham
5.0 out of 5 stars good read and provides answers
Along with the necessary theory and thinking behind "change" - the book explains and provides practical ways to improve your business. Read more
Published 6 months ago by roy raviv
5.0 out of 5 stars Must read for anyone looking to start a business
I've read this book once and I'm going to read it another time (to write notes). I've reccomended it to several of my friends and family (I'm reordering because it's hard to get it... Read more
Published 12 months ago by Dayfo
5.0 out of 5 stars Useful Book
This book has given me a great ideas for the business I'm running. I definitely recommend it. It's easy way to apply the ideas.
Published 17 months ago by Ruben
5.0 out of 5 stars Excellent!
Great book, was so thorough and well written that I decided not to go into business at the end...because I realized, I did not have all the aptitudes and motivations to be a good... Read more
Published on Jan 7 2011 by Iliana Lauriston
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