Posted by: yuenmun | February 14, 2008

Book Review- E-myth Revisited

It has been a while since I post a book review. Sometimes after reading a book, it is hard to choose which to recommend to others.

This is more or less a compulsory read for every entrepreneurs. I have heard many people recommending this book and I am glad that I picked up a copy.

Apart from just trying to fix your mindset like other conventional business books, it also teach you what to do about it. The book describes the difficulties Susan was facing with her shop. Instead of having a work life that she wants, that is being her own boss, she actually just bought herself a new job without a boss.

One of the things that I find particularly interesting is a business owner must be a balance blend of 3 characters:

(a) The entrepreneur - The visionaries that see the future and ambitious side of a person

(b) The manager - Likes to keep things in order, practical and know the importance of rules.

(c) The technician - The fix it all guy. It is the inner part of a person who can perform all the tasks required.

A fail business would occur when we don’t keep a balance of the three.

Entrepreneur side of us enables us to see the big picture and envision the future so that we can expand the business but sometimes a little too ambitious. A manager side will balance this weakness.

The manager side on the other hand love rules and orders and hate changes. A manager characteristic will not allow the company to adapt to changes quickly.

A technician side however, is someone who wants to do everything from accounting to cleaning. This kind of characteristic will make your job owns you and cannot facilitates growth because you are too busy with things without value.

A balance between the 3 would be the formula of a successful business.

If you think that is good, I am only talking about points in the first and second chapters. The rest would be up to you.

Responses

I was thinking of getting one for myself while reading the Rich Dad Poor Dad series , after reading what you wrote here, i must make sure i get my hand onto one copy of this title for sure.

Wow… :D haha… my brother has this book as well. from what you said, it seems very interesting. :) I will check it up when I am free. thanks

Leave a response

Your response:

Categories