In our article Revisiting the E-Myth we debunked a couple of misconceptions about the E-Myth Point of View; namely that: 1) the business owner should never do the technical work of the business and 2) every business should be franchised. You can read...Continue Reading »

In order to create an E-Myth'd business, you must create a systematized business. It's absolutely critical to the future growth and success of your business. Why? Well, systems are essential to: Building the asset that will generate the greatest ...Continue Reading »

We define business frustrations as a series of specific recurring events in your business over which you feel you have little or no control. Every business has frustrations. From small "hiccups" that hinder the flow of work, to fatal flaws that ca...Continue Reading »

In the “Swine Flu Should Prompt Business Checkups” article posted November 17 on BusinessWeek.com, tech consultant Gene Marks explains why flu-related employee absences may be a wake up call for small business owners who are still runni...Continue Reading »

‘Tis the season for gratitude and, as a business owner, you have a special group of people in your life who deserve your gratitude: your employees. There are many ways you can show your appreciation and say “thank you” for their har...Continue Reading »

“You should differentiate your personal credit from your business credit.” — Entrepreneur Magazine Contaminating your credit When people marry, they vow to share their lives. For some goodhearted but financially naive couples...Continue Reading »

Hiring and retaining great employees is a key factor in the success of your business. Without the right people with the right skills, your business can’t consistently fulfill your customer’s needs. Great employees support your business su...Continue Reading »

Most business owners would agree that maintaining or increasing sales is a vital need for their business. It's a common misconception, but many businesses tend to think of increasing sales only when things get slow. There are, however, many other r...Continue Reading »

Most of the small business owners I work with start our Mastery coaching programs aptly referring to themselves as the owner of the business and “Chief Hat Wearer.” For solopreneurs, 3-person operations, and mid-size companies, the story ...Continue Reading »

The longer you delay establishing business credit, the longer you delay taking advantage of business loans. — Wells Fargo Bank Putting personal assets at risk Each time you provide a personal guarantee for any type of credit extended to ...Continue Reading »

At the heart of a systems-driven business is your company’s operations manual. The operations manual is the authoritative guidebook of how things are done in your business. It gives you an effective way of communicating policy and procedures, a...Continue Reading »

We get quite a few questions from our community about how to apply E-Myth principles to a one-person business. Our answer starts with your intention. For the "solopreneur" there are really two paths you can take: one is to be clear with yourself tha...Continue Reading »

Often, as our coaching clients begin designing and documenting systems they face a particular challenge: how do they replicate and document the personal touch they feel is theirs’ alone to give? These business owners believe in the overall ide...Continue Reading »

Do you know how much cash you have? Do you know how that cash flows through your business? The amount of cash you have on hand is one of the most important metrics for the growth and survival of your company. As a business owner three of your primar...Continue Reading »

One of my Mastery Impact! clients, a veterinarian, recently questioned me about an article he’d found on the Internet written by a business coach (not affiliated with E-Myth in any way). This article implied that the E-Myth perspective mandates...Continue Reading »