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cash flow plan, how to create a cash flow plan for a small business

The essential steps for creating a cash plan

If you’re like many other business owners, the mere thought of managing your finances makes you want to bury your head in the sand. You may find yourself asking, “How can I create a cash plan? Wait—what is a cash plan?” And that’s a great place to start: What exactly is a cash plan? Think about it like this: If yo...

Adam Traub - EMyth

Adam Traub

Delegation versus abdication

When you started your business, you probably did every task needed to produce and deliver your product or service, or near to it. And as your business has grown, do you still carry much of the day to day—if not the actual execution, the oversight of the work? Do you find yourself unable to let go of work you shoul...

EMyth Team - EMyth

EMyth Team

marketing misconceptions, marketing myths, identify the different misconceptions about marketing

The biggest misconception about marketing

Most people mistakenly think of marketing as an external action. Often, when I ask one of my new clients about their current marketing system, I get a response like, “Sure, I have an e-commerce website. We’re always sending out offers to our prospects,” or, “We run regular marketing campaigns all over the country....

Adam Traub - EMyth

Adam Traub

business model prototype

Business Systems

1 min read

Why build a franchise prototype?

Business owners often come to us for help building a business model prototype—what we call a franchise prototype. They’ve read about the concept in The E-Myth Revisited and feel that it’s the key to getting what they want: a business that gets the results they desire at the standard they expect—without relying so ...

EMyth Team - EMyth

EMyth Team

How to spend your time where it counts

How to spend your time where it counts “Not enough time” is a chronic condition for most business owners. And here’s the rub: The times when you acutely feel the need to work on your business so it can grow without taking more from you than you have to give are also the very times when you feel most pulled to work...

EMyth Team - EMyth

EMyth Team