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Business & Entrepreneurship

The E-Myth Revisited

by Michael E. Gerber

5
Key Concepts
6
Action Items
1
Core Thesis
1
Mindset Shift

Key Concepts

1

Entrepreneurial Myth

The false belief that knowing how to do the work means you know how to run a business.

2

Three Personalities

Every business owner embodies the Technician, Manager, and Entrepreneur, requiring balance for success.

3

Franchise Prototype

Design your business as if it will be franchised, creating systems independent of you.

4

Business Development

Focus on innovation, quantification, and orchestration to build a predictable, profitable system.

5

Turnkey Revolution

Create a business that runs itself, providing consistent results regardless of who performs the tasks.

The E-Myth Revisited by Michael E. Gerber
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Action Items

Document every core business process as if training a new employee.

Delegate tasks by creating clear, repeatable systems, not just handing off work.

Work *on* your business by designing systems, not just *in* your business doing tasks.

Create an organizational chart with roles and responsibilities, even if you fill all positions initially.

Develop a comprehensive operations manual for every aspect of your business.

Systematize your sales, marketing, and customer service processes for consistency.

Core Thesis

Small business success hinges on building a systematic, franchise-prototype business, not just being a skilled technician.

Mindset Shift

From being a skilled technician who owns a job to becoming a strategic entrepreneur who builds a self-sustaining system.

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