The E-Myth Revisited by Michael E. Gerber

Favorite Quote
“If your business depends on you, you don’t own a business – you have a job. And it’s the worst job in the world because you’re working for a lunatic!” — Michael E. Gerber
The Book in One Sentence
The E-Myth Revisited explains why 80% of small businesses fail, and how to ensure yours isn’t among those by building a company that’s based on systems and not on the work of a single individual.
Why should you read it?
Do you want to know how to grow your business productively? Michael Gerber has the answer for you in this book and walks you through all the steps you need to take in a business. And it is all sharp insight from his own experience, which will help you deconstruct all the myths regarding the way one should work when it comes to business.
Key Takeaways
Having great technical skills does not mean you know how to run a business.
Imagine your business as a nationwide franchise from day one, then build the first store.
The franchise approach makes sure you build a business based on systems, not people.