The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Paperback Review
Welcome to our comprehensive review of "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It". This bestselling paperback, written by Michael E. Gerber, provides invaluable insights into the challenges faced by small business owners and offers practical solutions to overcome them. With over 11,000 customer reviews and an impressive rating of 4.7 out of 5 stars, this book is highly regarded by entrepreneurs and business professionals alike. In this review, we will delve into the key features, benefits, and customer feedback to help you determine if this book is the right fit for your business needs.
Product Description
The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It is a must-read for anyone looking to start or improve their small business. Written by Michael E. Gerber, this paperback edition was published on October 14, 2004.
This book is a game-changer for entrepreneurs and small business owners, offering valuable insights and practical advice on how to build a successful business. Gerber's primary focus is on debunking the myth that most small businesses fail due to a lack of technical skills or expertise. Instead, he argues that the real reason lies in the lack of understanding and application of the three essential roles every business owner should play: the entrepreneur, the manager, and the technician.
One of the key features of this book is Gerber's concept of the "E-Myth," which stands for the entrepreneurial myth. He explains that many small business owners fall into the trap of working IN their business rather than ON their business. This means they get caught up in the day-to-day tasks and fail to focus on strategic planning, systems, and processes that are crucial for long-term success.
Gerber provides practical insights and actionable advice on how to overcome this challenge. He outlines step-by-step strategies for creating systems, building a team, and scaling your business. Through real-life examples and case studies, he demonstrates the importance of developing a clear vision and implementing systems that allow your business to run smoothly without relying solely on your personal efforts.
With over 11,000 positive customer reviews and a rating of 4.7 out of 5 stars, The E-Myth Revisited has proven to be a valuable resource for entrepreneurs and small business owners worldwide. Whether you're just starting out or looking to improve your existing business, this book offers timeless principles and practical guidance to help you achieve success.
Pros and Cons
Pros:
Insightful and Eye-Opening: The E-Myth Revisited provides invaluable insights into why most small businesses fail and offers practical solutions to overcome common challenges. The author, Michael E. Gerber, presents his ideas in a clear and concise manner, making it easy for readers to understand and apply the concepts.
Timeless and Relevant: Despite being published in 2004, this book remains highly relevant and applicable to today's business landscape. The principles and strategies discussed in The E-Myth Revisited are timeless, making it a valuable resource for both aspiring entrepreneurs and seasoned business owners.
Engaging Narrative Style: Gerber presents his ideas through a compelling narrative, following the journey of a struggling entrepreneur and his transformation into a successful business owner. This storytelling approach makes the book not only informative but also enjoyable to read, keeping readers engaged from start to finish.
Cons:
Too Much Storytelling: While the narrative style of The E-Myth Revisited makes it engaging, some readers may find that it detracts from the practicality of the book. The extensive storytelling can make it feel like there is too much fluff, particularly for those seeking a more direct and concise guide to business success.
Lack of Step-by-Step Instructions: Although the book provides valuable insights and strategies, some readers may feel that it lacks specific step-by-step instructions on how to implement the concepts effectively. This may leave some individuals searching for more practical guidance on translating the ideas into actionable plans.
Not Suitable for All Business Types: While The E-Myth Revisited offers valuable advice for small businesses, it may not be as applicable to certain industries or business models. The book primarily focuses on traditional brick-and-mortar businesses, and readers in niche or online businesses may find that some of the ideas are less relevant to their specific situations.
Customer Reviews
The E-Myth Revisited has received an impressive overall rating of 4.7 out of 5 stars from a total of 11,389 customer ratings on Amazon. This indicates a high level of satisfaction among readers who have purchased and read this book.
Let's take a closer look at what some of the customers had to say about The E-Myth Revisited:
One customer mentioned that they discovered this book in 1999 and it completely changed their perspective on business. They described it as a book that helped them realize the key factors that contribute to running a successful architecture firm.
Another customer referred to The E-Myth Revisited as a true classic and a timeless gem. They praised Michael E. Gerber's insights and found the book to be invaluable for small business owners or those thinking of starting their own business.
One reviewer simply stated that this book is "great" when it comes to understanding business.
Another customer highlighted the amazing insights provided in the book and described them as nothing short of amazing.
A reviewer emphasized that this book is a must-read for small business owners and aspiring entrepreneurs, as it provides valuable guidance and advice.
There was also a customer who found the book to be one of the best about management. They noted the difference between an ordinary person and a warrior, and how the book encourages readers to take everything as a challenge.
While most of the reviews were highly positive, one customer mentioned that they found the book to have some fluff and felt unengaged for a significant portion of it.
Overall, the majority of customers who reviewed The E-Myth Revisited expressed their satisfaction with the book and its valuable insights. It is clear that this book has had a positive impact on many small business owners and aspiring entrepreneurs.
Conclusion
Overall, "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" is a highly recommended book for small business owners and entrepreneurs. It offers valuable insights and practical advice on how to build a successful business.
One of the key benefits of this book is its ability to change the way you view business. It helps you understand the common pitfalls that small businesses face and provides guidance on how to overcome them. The author, Michael E. Gerber, shares his expertise and knowledge gained from years of experience working with small businesses.
The book is well-written and engaging, making it easy to read and understand. The storytelling approach used by the author keeps the readers engaged and interested throughout the book. Many readers have found the insights provided in the book to be nothing short of amazing.
While some readers have found the book to be a bit ambiguous in terms of the implementation of the ideas, the overall consensus is that it provides valuable guidance and inspiration.
In conclusion, "The E-Myth Revisited" is a timeless gem that every small business owner should read. It offers practical advice and insights that can help you build a successful business. With its positive reviews and high ratings, it is clear that this book has had a significant impact on many readers. Don't miss out on the opportunity to learn from one of the best in the industry.
Frequently Asked Questions
Q: What is "The E-Myth Revisited" about?
A: "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" is a book written by Michael E. Gerber. It delves into the common pitfalls and misconceptions that small business owners often face and provides insights on how to overcome them. Gerber emphasizes the importance of adopting a systematic approach to business and offers practical advice on how to build successful and sustainable enterprises.
Q: Is this book suitable for small business owners or entrepreneurs?
A: Absolutely! "The E-Myth Revisited" is specifically geared towards small business owners and entrepreneurs. Whether you are just starting out or have been in business for years, this book provides valuable insights and strategies that can help you transform your business. It addresses common challenges faced by small business owners and offers practical solutions to overcome them.
Q: What makes "The E-Myth Revisited" different from other business books?
A: What sets "The E-Myth Revisited" apart from other business books is its unique storytelling approach. Instead of presenting dry theories and abstract concepts, Michael E. Gerber weaves a compelling narrative that captivates readers. Through the engaging story of Sarah, a struggling business owner, Gerber effectively conveys his key principles and lessons in a relatable and accessible manner.
Q: Can this book help me improve my existing business?
A: Absolutely! "The E-Myth Revisited" is not limited to startups or new businesses. It offers valuable insights and strategies that can be applied to any stage of business growth. Whether you are looking to streamline your operations, delegate tasks, or create systems for scalability, Gerber's book provides practical guidance and actionable steps to help you improve your existing business.
Q: Are there any success stories or testimonials related to this book?
A: Yes, "The E-Myth Revisited" has received numerous positive reviews and testimonials from readers who have found value in its teachings. Many small business owners and entrepreneurs credit this book with transforming their businesses and helping them achieve greater success. The book has a rating of 4.7 out of 5 stars based on over 11,000 customer ratings on Amazon, indicating its widespread popularity and positive reception.
Q: Is "The E-Myth Revisited" suitable for all industries?
A: Yes, the principles and strategies discussed in "The E-Myth Revisited" are applicable to businesses across various industries. While the book uses examples from different sectors, the core concepts can be adapted and implemented in any business setting. Whether you run a retail store, a restaurant, a consulting firm, or any other type of small business, the insights and strategies shared in this book can be valuable to your success.
Q: How can I benefit from reading "The E-Myth Revisited"?
A: By reading "The E-Myth Revisited," you can gain a deeper understanding of the common challenges faced by small business owners and learn practical strategies for overcoming them. This book can help you develop a clear vision for your business, build systems and processes for efficiency, and empower you to work on your business rather than just in it. With its actionable insights and engaging storytelling, "The E-Myth Revisited" is an essential read for anyone looking to succeed in the world of small business.
