Buy The E-Myth Revisited by Michael E. Gerber

Why Most Small Businesses Don’t Work (But There’s Hope!): Buy The E-Myth Revisited by Michael E. Gerber

Introduction: a short story about why this book was written
Michael E. Gerber wrote the book The E-Myth Revisited in 1995, and this is the best book for understanding the reasons why most small businesses don’t work and what to do about it. Written from a business owner’s perspective, this book offers a wealth of knowledge for entrepreneurs looking to start their own small businesses or grow existing ones.

Chapter 1: The road to business hell

The road to business hell is paved with good intentions. This quote really nails the idea of The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It, a book written by Michael Gerber. In this chapter, he talks about the pitfalls that lead most businesses to fail.

Chapter 2: Replace jobs with systems

In Chapter 2 of the best book, The E-Myth Revisited, Michael says Most small business people have a fatal flaw: they are running a job instead of a system. This is true because most small businesses are owned and operated by one person, and if that person can’t be there, the business doesn’t function. Systems, on the other hand, don’t require constant attention, and they execute themselves while you go off to do something else.

Chapter 3: Manage instead of control

The best book for The E-Myth Revisited is Chapter 3, Manage Instead of Control. Gerber describes the idea that business owners should be working on their business instead of in it, and that this can be done with a framework called the systems approach. He then goes on to describe how to create systems for different aspects of your business and why these systems are essential for growth.

Chapter 4: Define your North Star metric

The best book for this is The E-Myth Revisited by Michael E. Gerber, but it is not as straightforward as it seems. In order to make a decision about what metric to use, you must ask yourself these questions: What are the goals of your business? What are the most important factors in determining whether or not your business will be successful? How do you define success?