Show notes | PDF and Infographic | Have you ever wondered why 80% of small businesses fail within the first five years? The E-Myth Revisited explains the mystery. It all starts with a myth - the Entrepreneurial Myth (E-Myth), which assumes that anyone who starts a business is an entrepreneur. But the reality is far from this.

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StoryShots Book Summary and Review of The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Micheal E. Gerber 

Life gets busy. Has The E-Myth Revisited been on your reading list? Learn the key insights now.

We’re scratching the surface here. If you don’t already have Micheal E. Gerber’s popular book on management and entrepreneurship, order it here or get the audiobook for free to learn the juicy details.

Introduction

Have you ever wondered why 80% of small businesses fail within the first five years? The E-Myth Revisited explains the mystery. It all starts with a myth - the Entrepreneurial Myth (E-Myth), which assumes that anyone who starts a business is an entrepreneur. But the reality is far from this.

The book walks you through the steps in the life of a business. It also shows you how to apply franchising lessons to any business. Michael Gerber draws a crucial line between working on your business and working in it. As you navigate through the book, you'll learn how to overcome obstacles and achieve long-term success. Gerber offers invaluable tips on how to evade ordinary traps and scale your ventures. 

Let's review the key takeaways, insights, and strategies for a successful long-term business. 

About Michael Gerber

StoryShot #1: Understanding One Business Doesn’t Mean You’ll Understand Similar Businesses

StoryShot #2: Business Owners Possess a Blend of Three Conflicting Personalities

StoryShot #3: Do What Your Business Needs

StoryShot #4: Ask For Help When You Need It

StoryShot #5: Look For Solutions When Your Business Grows Past Your Capabilities

StoryShot #6: Achieve Stability and Control through Systematic Integration

StoryShot #7: Sell the Business Model

StoryShot #8: Work On Your Business, Not In It

StoryShot #9: Develop Your Business Through Innovation, Quantification and Orchestration

Disclaimer: This is an unofficial summary and analysis.

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