EMyth
series of books/services by Michael Gerber
the myth: that most SmallCo/Start Up-s are created by an Entrepreneur risking capital to make a profit
- the reality: it's usually someone (their Technician Persona) just wanting to stop working for a boss
- mental model: 3 Persona-s: Technician, Manager, Entrepreneur
- they end up with a worse boss: their business - "If your business depends on you, then you don't own a business - you have a job."
- this illusion leads to the outcome of 80% of SmallCos failing
don't work in your business, work on your business
- So: treat SmallCo as Franchise model to avoid Burn Out: apply Systems Thinking to its design.
More recently: the eightfold path (see also strategic context; but Gerber sees this as a sequence of steps)
- Dream: It’s the Great Result you intend to produce by forming your Company of One and then growing it. It’s about the market you’re determined to serve.
- Vision: the Form your new company will take in order to realize its Dream
- Purpose: the profound impact your company intends to have on your most important customer/client
- Mission: to invent the stunningly effective Operating System at the heart of your growing enterprise
- System of delivery
- Client acquisition system: Lead Generation. Lead Conversion. Client Fulfillment. Your Franchise Prototype. The Core Operating System of your ready-to-scale growing company.
- Management system
- Leadership system
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