E-Myth Quotes

Michael Gerber: Author & Entrepreneur is famous for being the author of several Startup Strategy books regarding “The E-Myth” + “E-Myth Worldwide” is his Business Coaching Service. 10/02 Enhanced by Peter/Wiz4biz

“Entrepreneurs were our original Visionaries – for our County, for our Company and the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see, hear, feel, & experience. It is either developed, nurtured, & given space to flourish in a new endeavor or is squelched, thwarted, without freedom to share ideas or stimulation of new information, it dies and our spirit dies wit it.”

Using Information. ”Why is it that with all the information available today on how to be successful in starting & growing a business, so few people really are?” [Wiz4biz Comments: It would be wise for Flounders to get all the information they can, ask for and listen to advice, to provide themselves with the highest probability of succeeding.]

Bad to Good Business. ”If your thinking is stinkin, your business will be slippin. If you are dis-organized, your business will be dis-organized. If you are greedy, your empoyees will be greedy, giving you less & less of themselves and always asking for more”. [Wiz4biz Comments: If you consult wise thinkers, you can chose the best of their ideas. Then you can plan how to start & later grow your business. That’s why the Strategic Planning of a Business Plan is so important. If you are generous, more Customers & Employees will want to help you succeed and you’ll have all you need.]

”The Entrepreneur in Us, sees Opportunities everywhere we look, but many people see only Problems everywhere they look. [Wiz4biz: the Entrepreneur in us see Solutions, a better way of doing things] The Entrepreneur in us is more concerned with discriminating between opportunities than he or she is with failing to see the opportunities.” [Wiz4biz Comments: The Entrepreneur in us is deciding what the most significant Opportunity is that has the most benefits to society and how it can be brought to market.]

Creating vs Doing. “The Entrepreneur is not really interested in doing the work; he is interested in “creating” the way the work is done. In that regard, the Entrepreneur is an inventor. He or she loves to invent, but does not love to manufacture or sell or distribute what he or she invents.” [Wiz4biz Comments: The Entrepreneur’s challenge is in “creating” something new – totally original or by a new unique combination of existing things. Once created and fully developed, the Entrepreneur loses interest in producing it, because the creative need is almost totally gone.]

Developing a System. “If they don’t fail outright, most businesses fail to fully achieve their potential. That’s because the person who owns the business doesn’t truly know how to build a company that works without them – which is the key. [Wiz4biz Comments: As you work out the bugs of your system for bringing your product or service to the market, document what you are doing, so that other people can run it and you can work less and play more. Now wouldn’t it be more fun to “create” something new than be bogged down in the daily routines ???]

Comments: If you have any ideas that you could share along the lines, I’d welcome them.