What is Business Freedom?

I continue with excerpts from Michael Gerber’s The Most Successful Small Business in the World. In principle Seven, Gerber talks about the freedom principle that is so much a part of small business motivation.

But now you’re the boss. And the freedom that we all believed a small business of our own creates does not . . . → Read More: What is Business Freedom?

Do You Dare to Turn Your Business Plan Upside Down?

Michael Gerber offers his third principle of small business success in The Most Successful Small Business in the World. He calls it the collaboration of all the parts of a business working together. What’s so special about this principle? It seems to be like a no brainer.  In this post, I will . . . → Read More: Do You Dare to Turn Your Business Plan Upside Down?

Gerber–Parts of Your Business Must Collaborate Together

In this post, I continue with excerpts from Michael Gerber The Most Successful Small Business in the World.

Gerber’s third principle is a small business is a system in which all the parts contribute to the success or failure of the whole.

All parts of this system must be identified, taken apart (so to speak), and then . . . → Read More: Gerber–Parts of Your Business Must Collaborate Together

Is Your Business Idea to Make a Living???

Did you start your small business this way?  You worked for others.  You realized that you got only a small piece of the pie.  Your employer may have been charging customers $50 an hour.  You were getting paid, $20 per hour.  You said to yourself, “Why don’t I skip the employer and make the $50 an . . . → Read More: Is Your Business Idea to Make a Living???

Gerber’s Second Principle–Your Business Idea!

Gerber’s second success principle is simple—a small business is no more effective than the idea upon which the business is built.
So let’s apply this principle to our mechanic, Joseph, and his business.
So Joseph asked himself, “What exactly will the auto repair I do be?  What do I know about the business of auto repair, its trends, . . . → Read More: Gerber’s Second Principle–Your Business Idea!

How Would You Create 10,000 Businesses?

How would you approach your business today, if you had a goal of making 10,000 businesses just like the one you have now? What would you do? How would I approach my business, my new business, if my goal was to make 10,000 more businesses just like the one I have now? What . . . → Read More: How Would You Create 10,000 Businesses?

Gerber’s 1st Principle–The Principle of 10,000

So what’s wrong with the picture of Joseph the mechanic Gerber developed in the last post?  Why will Joseph’s business never grow?

Gerber suggests that without a bigger idea, Joseph will never be doing more than working for a living.  He is a mechanic not a business owner.  He needs something bigger than making a living.  He . . . → Read More: Gerber’s 1st Principle–The Principle of 10,000

Michael Gerber’s Joseph the Mechanic…

A good way to understand the 10 principles of small business success is to  start with the story of Joseph, the auto mechanic. Let’s start with his story as Gerber himself does.

The business next door is easier to look at than your own.  The business next door was started by Joseph, the auto mechanic. Or by . . . → Read More: Michael Gerber’s Joseph the Mechanic…

Excerpts from The Most Successful Small Business in the World

You have probably been told, as I have been told, that if you build your business on what you love to do, your business will be a success.  Read this excerpt from The Most Successful Small Business in the World as Michael Gerber takes a different twist on that piece of business wisdom.  Getting the love . . . → Read More: Excerpts from The Most Successful Small Business in the World

Michael Gerber’s New Book

If you have followed my articles over the years, you know that I’m a huge fan of Michael Gerber and his E-Myth books. (Not an affiliate)  The core message of those books was work on your business not in your business; act as a business owner, not as a technician.

Now Michael has written a new book, The . . . → Read More: Michael Gerber’s New Book