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Bea · Entrepreneurship & Business

The E-Myth Revisited

by Michael E. Gerber

Three key ideas

  1. Being good at a trade is not enough to run a business in that trade.
  2. A practical owner checks which role is missing and gives it time and support.
  3. Constant delivery can trap the owner if no time goes to designing the system.

The five 2-minute lessons

  1. 1.Great craft is not a business
  2. 2.Three hats, one calendar
  3. 3.Work on it, not just in it
  4. 4.Make it teachable, not trapped
  5. 5.Test it, measure it, then make it stick

From the comic

Beautiful cabinet. The orders are somewhere equally beautiful.

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