Thursday 1 December 2016

HOUR 90: Awaken The Entrepreneur Within with Michael E Gerber



Hour 90: BOND APPETITE podcast with Ronsley Vaz - Episode 184: Awaken The Entrepreneur Within with The E-Myth Legend Michael E Gerber. 

WOW, what an amazing guy and at 80 years of age he has more energy than the average 20 something. 

Here’s my first takeaway: Ronsley asked him what’s his definition of an entrepreneur? He said that an entrepreneur is actually made up of four different people, within the one person, and each plays their part in the entrepreneurial journey. 
  1. The Dreamer has the dream
  2. The Thinker has the vision
  3. The Storyteller has the purpose 
  4. The Leader has the mission. 
My second takeaway point: He discussed the importance of systems and documenting everything you do. Define what it is you do and then test and validate it. Implement and validate again. Once you have everything documented and all your processes are working perfectly, then you can employ someone else… and only then. 

He used Chiropractic as an example. Often a Chiropractor will employ another Chiropractor too early in their business development, and since there are no systems in place, the employed Chiropractor will start doing things their own way. 

Over time you end up with two Chiropractors running their own business, their own way, under the one business banner. 

Eventually the employed Chiropractor will leave, take their patients, and work for themselves.   

Michael E Gerber’s new book is called BEYOND THE E-MYTH. I think the release date is the 7th of December 2016. 

Michael’s Website: http://michaelegerbercompanies.com/web/

Dr. Tyson E. Franklin
www.tysonfranklin.com
www.365HourChallenge.com

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