Comments on: Book Review: “The E-Myth Revisted”… And Why Most Internet Businesses Will Fail http://www.richdogmillionaire.com/book-review-the-e-myth-revisted-and-why-most-internet-businesses-will-fail/ Your guide to making money on the internet – the good, the bad, and the ugly Sat, 28 Nov 2009 15:09:31 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: admin http://www.richdogmillionaire.com/book-review-the-e-myth-revisted-and-why-most-internet-businesses-will-fail/comment-page-1/#comment-1930 admin Sat, 21 Nov 2009 00:13:16 +0000 http://www.richdogmillionaire.com/?p=1303#comment-1930 Definitely E-Myth. We are unfamiliar with "37 Signals". The thinking behind E-Myth is that you are designing a sustainable business system, whether you end up actually franchising it or not. Small businesses often -- maybe usually -- fail because their owners concentrate on the service or the product instead of the business itself. Definitely E-Myth. We are unfamiliar with “37 Signals”. The thinking behind E-Myth is that you are designing a sustainable business system, whether you end up actually franchising it or not. Small businesses often — maybe usually — fail because their owners concentrate on the service or the product instead of the business itself.

]]> By: Martin Thomas http://www.richdogmillionaire.com/book-review-the-e-myth-revisted-and-why-most-internet-businesses-will-fail/comment-page-1/#comment-335 Martin Thomas Mon, 27 Jul 2009 19:14:53 +0000 http://www.richdogmillionaire.com/?p=1303#comment-335 I'm Interested in your thoughts.. Does 37signals or E-myth have the right philosophy for business start-ups today? www.purlem.com/blog/?p=38 I’m Interested in your thoughts.. Does 37signals or E-myth have the right philosophy for business start-ups today? http://www.purlem.com/blog/?p=38

]]> By: admin http://www.richdogmillionaire.com/book-review-the-e-myth-revisted-and-why-most-internet-businesses-will-fail/comment-page-1/#comment-40 admin Thu, 09 Apr 2009 22:02:02 +0000 http://www.richdogmillionaire.com/?p=1303#comment-40 Your point is well taken. We prefer eating at a restaurant where the chef has a passion for the food. However, our reviewer responds: "I agree with what Steve has to say. Just, honestly, I kinda have a passion for designing an excellent system, which is why I've always been interested in franchising, particularly how McDonald's was built -- and what we can learn from them, to apply to our own goals. Last I heard, the McDonald's Operations Manual was four pounds and 750 pages. That seems excessive. On the other hand, I doubt most internet business startups even have a mission statement. Somewhere in the middle, lies success. BTW I'm also equally fascinated about the theory of McDonald's as a real estate company. But that is an article for another time : ) Your point is well taken. We prefer eating at a restaurant where the chef has a passion for the food. However, our reviewer responds:

“I agree with what Steve has to say. Just, honestly, I kinda have a passion for designing an excellent system, which is why I’ve always been interested in franchising, particularly how McDonald’s was built — and what we can learn from them, to apply to our own goals. Last I heard, the McDonald’s Operations Manual was four pounds and 750 pages. That seems excessive. On the other hand, I doubt most internet business startups even have a mission statement. Somewhere in the middle, lies success. BTW I’m also equally fascinated about the theory of McDonald’s as a real estate company. But that is an article for another time : )

]]> By: Steve Hoggar http://www.richdogmillionaire.com/book-review-the-e-myth-revisted-and-why-most-internet-businesses-will-fail/comment-page-1/#comment-39 Steve Hoggar Thu, 09 Apr 2009 21:18:52 +0000 http://www.richdogmillionaire.com/?p=1303#comment-39 Interesting post. I've just 'graduated' from the E-Myth 'Mastery Impact' program and it is seriously good for transforming the owner/manager's mindset as well as the business. I'm still concerned about the mechanised systematisation that the E-Myth pushes. I accept the fact that franchises tend to succeed but I have often had a Big Mac - and what I see there is a machine in action - no vision - no passion and drive from an entrepreneurial leader - and average staff churn of 70% (so I hear from one of the managers in the UK). The E-Myth program is hot on engaging people in the organisation "offering unconditional support and demanding excellence" but there is a risk that the systematisation of the business squeezes this out. Interesting post. I’ve just ‘graduated’ from the E-Myth ‘Mastery Impact’ program and it is seriously good for transforming the owner/manager’s mindset as well as the business. I’m still concerned about the mechanised systematisation that the E-Myth pushes. I accept the fact that franchises tend to succeed but I have often had a Big Mac – and what I see there is a machine in action – no vision – no passion and drive from an entrepreneurial leader – and average staff churn of 70% (so I hear from one of the managers in the UK). The E-Myth program is hot on engaging people in the organisation “offering unconditional support and demanding excellence” but there is a risk that the systematisation of the business squeezes this out.

]]>