The E-Myth Revisited

 

One of my favorite small business books is The E-Myth Revisited by Michael Gerber. 

I hated it the first time I read it because I couldn't figure out where I was supposed to get the money to pay all of the salaries that I needed to follow his model.  I've recently "revisited" the E-Myth Revisited, about 2 years later, and I have to say I think he's right.  One of the main themes that runs through out the book is that of The Entrepreneur, The Manager and The Technician (defined below).  His point is that if you consider yourself a "technician" who started a business to work in, than you didn't create a business.  You created a job.

The Entrepreneur - Turns the most trivial condition into an exceptional opportunity.  He's the visionary.  The entrepreneur lives in the future, never in the past, rarely in the present and he craves control.  He likes, "What if's" and "If when's."

The Manager - Without the manager there would be no planning, no order, no predictability.  The manager lives in the past.  The manager craves order.

The Technician - Doer.  Lives in the present and loves the feeling of things getting done.  He wants control of the work flow.  Thinking is unproductive.

The author goes on to say that if you want to be the technician in your business, you need to close your business.  Pretty harsh words.  The idea is to create a system that you plan to grow into.  Not that you can't be the technician to start, just don't plan to stay there.

I bring this up, because I'm tired of my technician role!  How 'bout you?

 

Tags:

The "Social Responsibility" of a Company

Perhaps I'm being a lazy blogger, or maybe the Wall Street Journal has stepped up their game further.  Either way, I've found some great articles of interest lately, though this one really hit home.

Since I started my business, I've been looking for my "philanthropic calling" as a business, a cause that I could align myself with so that I could avoid being deemed an evil capitalist.  I don't know if this is normal.  Maybe it's because I'm a woman.     

In the last couple of years, this search has taken a back seat.  Suddenly, I realized, if I don't focus solely on my business, I myself will be a charity case!  Now my efforts to "give back" have moved within.  What better way to give back to society than by providing jobs?  And, the more I grow, the more jobs I can provide. 

This doesn't mean I'm out spraying aerosol cans haphazardly.  A company should always operate so not to harm their customers, employees and community.  But, that's just good ol' common sense mixed with good business practices.

The following article doesn't particularly highlight the fact that the more profits corporations make the more employees they can hire, but as a business owner, it's all I was thinking as I read it.   Enjoy!

The Case Against Corporate Responsibility by AneelKarnani.

Tags: