E-Myth, Book Review, Michael Gerber, Business Book recommendations, e-myth book review, best business books

BOOK REVIEW: THE E-MYTH

Submitted by Team IWP! on Wednesday, 30 July 20085 Comments

I am astonished when discussing business books with people and they have never heard of the E-Myth by Michael Gerber. In my opinion, it is the finest book on entrepreneurship written.

If you are anything like me, you probably assumed the E stood for E-commerce. You couldn’t be further from the truth. The E stands for Entrepreneurship and Mr. Gerber did an outstanding job at forcing would-be entrepreneurs to view business in a different way.

The book is very informative and presents much of the subject matter someone with an MBA would discuss in an easy to read, motivating, and insightful format. Mr. Gerber tells a story. This story of Sarah and her shop, All About Pies, widely relates to people because it could be any entrepreneur or small business owner in just about any industry, any phase of the business, and producing any widget.

The nuts and bolts lessons of the E-Myth have everything to do with systematizing your business to create predictable, profitable results with minimum involvement for you, the owner.

He aptly touches the heart of the American entrepreneurs by illustrating how most entrepreneurs go into business as a result of what he terms the Entrepreneurial Seizure.

Then, one day, for no apparent reason, something happened. It might have been the weather, a birthday, or your child’s graduation from high school. It might have been the paycheck you received on a Friday afternoon, or a sideways glance from the boss that just didn’t sit right. It might have been a feeling that your boss didn’t really appreciate your contribution to the success of his business.

It could have been anything; it doesn’t matter what. But one day, for apparently no reason, you were suddenly stricken with an Entrepreneurial Seizure. And from that day on your life was never to be the same. Quote from the E-Myth by Michael Gerber

Gerber ascertains most entrepreneurs are technicians that cannot stand the employed life for one reason or another. This leads to the Entrepreneurial Seizure and the start of a business owner doing the technical work they currently do for someone else.

The myth is that entrepreneurs are brave, noble men and women valiantly taking on the world to build their business. From his years of study, research, and consultations with entrepreneurs, Gerber says the truth behind this faulty image of the daring is actually withered, beaten down technicians working at a job they own.

Mr. Gerber is the founder and Chairman of E-Myth Worldwide, where he originated his own unique form of small business re-engineering processes on behalf of his more than 25,000 small business clients. The E-Myth is Gerber’s life line to the entrepreneurial community.

Inside, he gives a powerful business development process to construct a business that works! Chapters cover topics, such as your Primary Aim, Strategic Objective, Organizational Strategy, Management Strategy, People Strategy, Marketing Strategy, and System Strategy.

The best part is the book is not written in typical business jargon, but in plain everyday language that is easy to comprehend and most importantly, implement. Mr. Gerber brings the dream back to the entrepreneur!

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5 Comments »

Pierre Clark said:

I’ve heard about this book for many years and have even glanced at the website but never taken the time to read it. I think now, based on your review, I will.

- 31 July 2008 at 9:32 pm

Team IWP said:

Pierre,

You will be very pleased that you picked this one up! Team IWP! loves this book and looks to continue to build on the foundation and understanding that it gave us and the millions of people that have read it so far.

Enjoy!

- 31 July 2008 at 9:43 pm

Normal Joe said:

I had heard about this book in passing, but never had someone break it down. I did think it was about e-commerce! I’m glad I stopped by, as now I may have a reason to checkout this book.

You have a great site, I don’t know much about real estate investing, but it looks like this site has it pretty much covered if I ever want to “dabble”

- 12 August 2008 at 9:59 am

Team IWP! (author) said:

Joe,

This book is outstanding! You will love it. Most people, including myself, thought it was about e-commerce when I first came across the book and didn’t pick it up because of that, but boy was I wrong. Do yourself a favor and check it out sooner rather than later.

I guess we should have a link on the site to pick it up. Will make that happen shortly.

Also, thank you for the kind words on the site. We are working hard to make it has practical and useful as possible. This can only be done with the dedication of our contributing writers that provide excellent content and are passionate about helping others learning this business.

Thanks for stopping by and “dabble” when you like.

- 12 August 2008 at 2:59 pm

Sharon said:

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Sharon

http://www.autoloans101.info

- 1 December 2008 at 4:40 am