Many of our coaching clients at EMyth are in business with partners. They are husbands and wives, brothers and sisters, fathers and sons, mothers and daughters, people who’ve been best friends since nursery school or simply associates who went into business because they happened to have their entrepreneurial seizu...
Once you commit to a promise, the EMyth Manager’s job is to manage the process—the system—to keep it, improve it, and rally his troops around it. —Michael Gerber
I was reading through this month's Inc. magazine, (one of our favorites) and I came across an article titled, "The Business Owner's Bookshelf: 30 Books You Should Read And Put to Use."
As first mentioned last week in Part One of this series, Innovation, we believe that one key to succeeding in business is through analyzing and improving business development systems. According to Michael Gerber, business development comes through a cycle of "innovation, quantification, and orchestration." Systems...
Let’s say you’ve gotten yourself completely organized.
Imagine for a moment a completely debt-free business. No loans to payback. No investors to answer to. Imagine a completely self-sustaining business. A business funded purely by the cash flow your business produces.
For most of us, our business is separated from our home life. If we have a bad day, we go home and vent to our loved ones, maybe get a little sympathy and then move on. But what if your family and your business are one in the same? What if you can't vent at home because the person you vent to is your business part...
In the March 2009 issue of Entrepreneur magazine, Mark Henricks' article 5 Must-Read Business Books lists books that "have stood the test of time and deliver advice no startup should be without."
The manner in which you serve your customers is the foremost way to either support, or negate, your business growth.
Companies large and small are embracing new green practices, because reducing energy consumption makes good economic sense in addition to being environmentally responsible. Going green can lower energy and tax bills, enhance marketing campaigns and bolster a company's public image.
The recent spate of damaging hurricanes is a stern reminder of how suddenly disasters can strike businesses and devastate communities. While your business may not be located in an area prone to hurricanes, you could still be vulnerable to other kinds of natural and man-made disasters such as fire, tornadoes, earth...
When navigating through dangerous waters a wise captain keeps an eye on certain signs. The shape and size of certain waves, the color of the water at critical points, the presence of rocks or sandbars, things that can be difficult to spot for the untrained eye. The truly wise captain knows these signs because he o...
Imagine that you're considering a remodeling project to turn your dining room into a sun room. You ask several remodeling companies to come to your house to discuss the project and give you an estimate. You show each of them the space you have to work with and ask them to tell you what possibilities they see in th...
This week we're dipping into the Ask EMyth mailbag to have an EMyth Business Coach answer a few of your questions. Thanks to everybody who submitted questions, and keep them coming. We love to hear from you.
As the old saying goes, "The only constant is change." Nothing drives this point home more clearly than the devastation in the aftermath of Hurricanes Katrina, Rita and Wilma. The hurricanes' devastation affected thousands of businesses whose buildings were destroyed by the wind or ruined by the flood waters, or w...
Are you building a business, or are you simply self-employed? Do you understand and recognize the differences? And are you intentional about which path you're on? If you presently have a job but want to strike out on your own, do you want to be self-employed or realize the benefits of true business ownership? Aski...
After the decision to start a business of your own, perhaps the most challenging decision you can make is whether to sell that business. You conceived it, built it, poured your lifeblood into it, and now find yourself with a viable, profitable enterprise you can call your own. You have built an asset! Now… what to...