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Steve
02-27-2004, 05:04 PM
The E-Myth Revisited: (http://www.amazon.com/exec/obidos/tg/detail/-/0887307280/qid=1077909760//ref=pd_ka_1/102-9845551-0441769?v=glance&s=books&n=507846) Why Most Small Businesses Don't Work and What to Do About It
by Michael E. Gerber (Author)

He also has a more specialized version for contractors.
"The E-Myth Contractor : Why Most Contractors' Businesses Don't Work and What to Do About It"

Has anyone read it? If so what did you think? Do you have an Entrepreneur book you would recommend?

Steve
02-27-2004, 06:00 PM
One of the great things this book teaches you is to work ON your business not IN your business.

Steve
03-05-2004, 01:13 PM
Here is a book review quote (http://www.amazon.com/exec/obidos/tg/stores/detail/-/books/0060574909/reviews/102-7638988-1151345#00605749097297).

"The E-Myth Revisited should be required reading for anyone thinking about starting a business or for those who have already taken that fateful step. The title refers to the author's belief that entrepreneurs**typically brimming with good but distracting ideas**make poor businesspeople. He establishes an incredibly organized and regimented plan, so that daily details are scripted, freeing the entrepreneur's mind to build the long-term success or failure of the business. You don't need an M.B.A. to understand or follow its directives; Gerber takes time to explain buzzwords and complex theories."

Steve
03-05-2004, 01:18 PM
One of the most important points the author makes in his book is that the skill set to do a certain job and the skill set to run a business that sells that specific service are two separate things. For example, a person knows how to fix tvs, so that person decides they should start a business to fix tvs only to find that running such a business takes another skill set. This is the trap most technicians fall into and why 80% of businesses fail within the first 5 years. How do you overcome this? Read.