Topic > The E-Myth Revisited by Michael Gerber - 1852

The E-Myth Revisited by Michael Gerber was an exceptional book that shows the truth about starting a business in our country and explores in depth the components that will create the success or failure of a small business. Examine the fallacy that entrepreneurs are those who start small businesses by risking capital to make a profit. This book explains that the turnkey revolution is changing all aspects of a small business, ultimately leading to the survival of a small business in our country. At the heart of this revolution is a process called the Business Development Process, which, when applied correctly, has the power to transform any small business into a successful enterprise. The importance of this process in relation to every initiative executed at a small business, and once implemented, the organization will remain relevant. If this process is ignored, the small business will eventually fail. The business development process can be applied to any small business created or currently existing, as it refers to the knowledge of the turnkey revolution for small business operation. This process results in a predictable way to turn any small business into a success, only when you give the right attention and time to this process. First, when looking at the E-Myth, you must consider that most new small businesses are started by techies or people who are skilled at what they love to do with their lives. Therefore, they result in the realization of why not to work for yourself and be your own boss. Their mistake is that if you understand the technical work of your preferred craft, it doesn't necessarily mean they understand the business they create based on their specialized craft. What can be considered a business...... middle of paper...... their money to make a profit. Being an entrepreneur and starting a business does not mean that the person knows what they are doing and most of the time they just defend their ideas until they finally fail. They spend most of their time in business and not in business, and in return if they don't realize it they will fail too. Being an entrepreneur, it can be easy to follow all the guidelines listed in this book and every business you start will be successful. For some entrepreneurs their minds are consumed by their ideas, without wanting to listen to others, failure will be in the imminent future. Therefore, after reading this book it is evident that an entrepreneur must follow these concepts and processes to overcome this problem among entrepreneurs in the society and by doing so, he will achieve success..