“J” is for Job…

ABCs of Business, Business Startup
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I hope you all are doing great today, and the year is getting off to a fantastic start.
(If not, what are you doing to change tomorrow?)

 

In Michael Gerber’s classic book “The E-Myth Revisited” (if you haven’t read it, you are in for a treat), he asks the simple question… Do you have a Business or do you have a JOB?

 

The E-Myth, or entrepreneurial myth is given two definitions by Gerber:

  1. the myth that most people who start small businesses are entrepreneurs, and
  2. the fatal assumption that the person who understands the technical work of a business can successfully run a business that does the technical work.

Many technician types decide to start a business because they love doing the work of the business, but they have no idea what they are doing otherwise.  Gerber explains that you need to step back from the technical delivery of the product and look at your business as separate from you.  In order for it to be a real “business” it should be able to operate without you personally doing the technical work.  These people are the ones doing the “jobs” in the business.   

 

Now, of course in many cases a small business owner is going to be one of the ones working at a Job in the business as well as running the business.  In my case, I have two businesses and I have “jobs” in both of them in addition to my responsibilities as the owner of the business… 

 

But the fact that I choose to take on some of these jobs in my business doesn’t mean that I shouldn’t step back from those jobs and look at the business from a more strategic point of view—the 40,000 foot view—and devise systems and tactics to make the business more profitable, and better able to serve the markets.  In this higher level role is where you also look at trends and market realities to decide when change is needed and in which direction to move.  And, in some cases when you are up in the cockpit at 40,000 feet looking at the business, you might even decide to fire yourself from some of the “JOBS” you are doing in the business and either bring on someone else to do the work, or outsource it.

 

The book E-Myth is highly recommended and it will give you a much brighter picture than I could ever do in a short blog post of how to grow a small entrepreneurial business.  I try to re-read it at least every couple of years and I am overdue.  Get a copy today…

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It

Thanks for reading, and see you tomorrow!

 

Rob

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5 Comments

5 Comments

  1. Lisa McLellanNo Gravatar (90 comments)  •  Jan 9, 2009 @11:19 pm

    Sounds like a great read. I never thought about the difference between a small business owner and an entrepreneur. I don’t think I’m quite either one yet!

    Lisa McLellan, Child Care Expert – Babysitters, Nannies, and Au-pairs

    Reply

  2. Steve ChambersNo Gravatar (103 comments)  •  Jan 12, 2009 @2:10 am

    You are hitting on some very important points about being in business, the importance of mentally separating the “job” from the business.

    Most of the dealers I sell to in my current business are really self-employed in a job rather than in business. I find it’s more of a way of thinking. When you think as a businessman you tend to think higher level and more long term than you do as an employee.

    Good post.

    Steve

    Reply

  3. DIY LawerNo Gravatar (2 comments)  •  Jan 12, 2009 @2:34 pm

    This is a good book, thanks for reminding me about it. Time to go back to my library.

    Sign Up for My Free Trust Drafting E-Course

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  4. Matthew ShieldsNo Gravatar (36 comments)  •  Jan 12, 2009 @8:45 pm

    Hey Rob,
    The E Myth is an amazing book, I read it a few times now and learn someing new each time I read it great suggestion

    Matt

    Reply

  5. April BraswellNo Gravatar (73 comments)  •  Jan 15, 2009 @5:32 am

    Sounds like an excellent book for me to take a look at. thanks Rob!

    All the best,

    April Braswell

    Online Dating Coach, Dating Expert, Relationship Coach, Romance Coaching

    Online Dating Sites Review, Internet Dating Sites Guide

    Reply

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