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A review by fatherroderick
The E Myth Revisited by Michael E. Gerber
4.0
"The E-Myth Revisited" by Michael Gerber offers profound insights into the distinctions between 'makers' and 'entrepreneurs.' As a Catholic priest working full-time in the media, I've had to self-finance my activities. This book taught me an invaluable lesson about my approach to 'business.' Gerber draws a crucial line between those who are skilled at creating (makers) and those who excel at running a business (entrepreneurs).
Often, makers desire independence and start their own businesses to gain freedom, yet they carry their 'maker' mindset into their new venture. This mindset can hinder their ability to effectively manage a business, leading to potential failure. Gerber's key to success lies in developing a system that can operate independently, allowing the business owner to work 'on' the business rather than 'in' it. If systematizing your work is not your strength, Gerber suggests it might be better to work within someone else's business. However, if you aspire to be an entrepreneur, it's essential to invest time and energy in creating efficient systems.
This insight was a revelation for me, as I identify more with the 'maker' mindset. Yet, I am beginning to embrace the entrepreneurial aspects of my work, finding enjoyment in the process and realizing there's much to learn. However, the second part of the book didn't resonate as strongly with me. It unfolds as a fictional conversation between a woman running a bakery and her mentor (the author), filled with lofty reflections and meditations. This section lacks the practical, straightforward nature of the first part. I understand Gerber has authored other works based on his method, which might offer more practical guidance. I feel these practical insights could have been incorporated into this book from the beginning.
Often, makers desire independence and start their own businesses to gain freedom, yet they carry their 'maker' mindset into their new venture. This mindset can hinder their ability to effectively manage a business, leading to potential failure. Gerber's key to success lies in developing a system that can operate independently, allowing the business owner to work 'on' the business rather than 'in' it. If systematizing your work is not your strength, Gerber suggests it might be better to work within someone else's business. However, if you aspire to be an entrepreneur, it's essential to invest time and energy in creating efficient systems.
This insight was a revelation for me, as I identify more with the 'maker' mindset. Yet, I am beginning to embrace the entrepreneurial aspects of my work, finding enjoyment in the process and realizing there's much to learn. However, the second part of the book didn't resonate as strongly with me. It unfolds as a fictional conversation between a woman running a bakery and her mentor (the author), filled with lofty reflections and meditations. This section lacks the practical, straightforward nature of the first part. I understand Gerber has authored other works based on his method, which might offer more practical guidance. I feel these practical insights could have been incorporated into this book from the beginning.