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Summary: E-Myth Mastery E-Book

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Beschreibung

The must-read summary of Michael Gerber’s book: “E-Myth Mastery: The Seven Essential Disciplines for Building a World Class Company”.

This complete summary of the ideas from Michael Gerber’s book “E-Myth Mastery” shows why the entrepreneur is a critical part of the success of a company and how their mindset has an impact on the operation of the business. In his book, the author explains seven essential disciplines of world class companies that you can use to improve your business and make it successful. By following these disciplines, you can make sure that your business is on its way to the top.

Added-value of this summary:
• Save time
• Understand key principles
• Expand your business knowledge

To learn more, read “E-Myth Mastery” and find out how you can learn from the world class companies to develop a powerful vision for your company.

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EPUB

Seitenzahl: 31

Veröffentlichungsjahr: 2013

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Book Presentation: E-Myth Mastery by Michael Gerber

Book Abstract

About the Author

Important Note About This Ebook

Summary of E-Myth Mastery (Michael Gerber)

Discipline #1: Leadership

Discipline #2: Marketing

Discipline #3: Financial

Discipline #4: Management

Discipline #5: Fulfillment

Discipline #6: Lead conversion

Discipline #7: Lead generation

Book Presentation: E-Myth Mastery by Michael Gerber

Book Abstract

Main idea

The e-myth credo is: “Don’t spend all your time working in your business; work on your building your business as well”. To do that in practice and to build a world class business around entrepreneurial principles, there are seven essential disciplines to master:

About the Author

MICHAEL GERBER is the founder and chairman of his own consulting company, E-Myth Worldwide. He is an accomplished public speaker and is the author of several business bestsellers including The E-Myth Revisited, The E-Myth Manager and The E-Myth Contractor.

The Web site for this book is at www.emythmastery.com.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of E-Myth Mastery (Michael Gerber)

Discipline #1: Leadership

An entrepreneur has to be willing to wear the mantle of a leader. You have to be willing to get out front and make decisions, even if that entails making some mistakes along the way. The only way to create a world class company is to lead your people in the right direction. Specifically, as a leader you need to do two key things:

Turn your vision into reality by developing a business plan that works.Develop indicators which will show how your business is performing over time.

Leaders develop business plans

Create a mental picture of the plan’s impact.Outline your business plan.Prepare a binder and gather materials.Identify what you need to produce.Run some planning meetings to develop what you require to round out your plan.Produce a “final” version of your plan.Develop an ongoing change mechanism.

A business plan provides direction, clarity and relevance for what happens on a day-to-day basis. A good business plan will link the work of your business with your vision, and bring everything into reality. The plan will generate relevance for everything you do.

The key steps in developing a robust business plan are:

Have a clear mental image of the passion and enthusiasm you need your plan to generate for your people.Create a draft outline of the business plan you need to develop. Most likely, your business plan will have a section on each of the seven disciplines of world class companies.Take a ring binder and start assembling your business plan. This way you can move sections easily, rewrite sections one at a time and make improvements.Once you’ve gathered all the materials you do have, you need to identify what you need to produce and decide who will be responsible to get the information that’s required.Now you can run a planning meeting where everyone gets together and discusses what’s required. This is also your opportunity to ensure there is consistency throughout.To keep things moving forward, set dates by which each section of the business plan will be bedded down and finalized. Stress you can always change and adapt further in the future, but you do want to avoid “paralysis analysis” – where people never get around to finishing things off. Produce your final version of the business plan.