On It is a monthly podcast where we tell the stories of business owners and how they transformed their companies. Listen to the latest episode on Soundcloud and iTunes. It’s easy to assume the problems in your business are because you lack systems but in this episode, you’ll learn how personal growth and finding b...
I got started in the oil and gas industry in 2010 and started my gas station company in 2013. Currently, I have a gas station and delivery trucks that deliver petroleum products to businesses and homes. My mission is to build a network of gas stations—about 1,000 of them—in Nigeria and then expand into other count...
When my husband and I travel, we spend a lot of time in bookstores. I'm always in the self-help or the business/marketing section. In September 2006, we were in Chicago, and I found The E-Myth Revisited on a table marked the "best" business books. What caught my attention was the headline: "Why Most Small Business...
As an EMyth entrepreneur, I find myself increasingly prepared to face the challenges of managing a law firm (and myself) through a recession and dramatic industry changes. Like all business owners, I have big dreams for my business.
Raphael Neff built his business out of pure passion for the product, which led to its early and consistent success. But after years of running an unsystematic business, Raphael knew there must be a better, less frustrating way. He partnered with an EMyth Coach and set out to systematize his business and change the...
I was beginning to grow my business and I knew to make it out 'alive' I was going to need a better grip on what we were doing and where this would all lead. The concerns that I remember voicing to my coach were that I was working too many hours and not really seeing any financial reward. I had no way of knowing wh...
I read an article in a remodeling industry magazine called “Letting Go.” It was about the process of developing a business that worked without you. I immediately felt like that’s what was missing from my business. I realized that I’d developed a business that was completely about me. I was central to every signifi...
A few weeks back, an engaging and lovely video about the EMyth Approach to business was released on YouTube by Epipheo. It’s called How to Be an Entrepreneur.
Systems are the solution, right? We’ve all heard this before, and even EMyth has promulgated this partial truth. But somewhere in all of us is a sense that something deeper must be present to make systemization come alive and create a business – not a bureaucracy. If you believe systems are going to save you, thin...
Harvard Business School professor and acclaimed author, Clayton M. Christenson, recently detailed in a co-authored article that nearly 90% of new products sent to market fail. This is an astoundingly high number considering the amount of time, money, and energy that goes into researching, designing, and marketing ...
In today's episode of the EMyth Insight Podcast, we discuss the relationship that most business owners have with money.
Strategic Work: One step at a time In the first part of this series, we talked about the important topic of Time Management and we provided some tips on how to organize your time so that you can begin the strategic thinking that is so vital to the success of your business.
Congratulations! You’ve hired a new employee.
In this tumultuous economy, reducing operating expenses has emerged as the number one objective for business owners everywhere. So what are operating expenses? Operating expenses (also known as operational costs, fixed expenses, and indirect costs) comprise the expenditures that a business incurs as a result of pe...
The idea that most owners struggle to embody the role of the Entrepreneur is a fallacy.
Making money is not the sole purpose of your business. It’s about creating something of value about which you are passionate and to which you are committed.
When was the last time you had an "aha moment" in your business? You know that moment I'm talking about. The one that comes along and knocks your socks off. It is that moment when inspiration strikes. When the puzzle pieces suddenly come together. When you realize an underlying truth that will change how you do bu...