The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
Excerpts
The Entrepreneurial myth
That Fatal Assumption is: if you understand the technical work of a business, you understand a business that does that technical work.
The Entrepreneur, the manager, and the technician
The problem is that everybody who goes into business is actually three-people-in-one: The Entrepreneur, The Manager, and The Technician.
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Put another way, while The Entrepreneur dreams, The Manager frets, and The Technician ruminates.
Infancy: the technician’s phase
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!