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

Primary Aim

Strategic Objective

Organizational Strategy

Management Strategy

People Strategy

Marketing Strategy

Systems Strategy

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

Edited:    |       |    Search Twitter for discussion