The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It - Book reviews of The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It

'The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It' book reviews

Review for'The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It'

Michael E. Gerber's book, "The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It" is a vital read for anyone involved in the contracting business. This book is not just another self-help book with generic advice; it is a practical guide that addresses the specific problems that contractors face in their businesses. The author, using his vast experience in business development and entrepreneurship, meticulously dissected the challenges of the contracting business and provided a roadmap on how to overcome them.

The title of the book, "The E-Myth", stands for the 'entrepreneur myth'. This refers to the common misconception that a person who is skilled in a particular trade is automatically qualified to run a successful business in that trade. Gerber debunks this myth in his book and shows that there is a lot more to running a successful business than just being good at your job. Being a skilled contractor does not automatically make one a successful contractor business owner. The author argues that technical skills and business skills are two different things and that one needs to develop both to be successful in business.

Gerber explains the three roles that a contractor must play in his business: the technician, the manager, and the entrepreneur. The technician is the one who does the job, the manager is the one who organizes the work, and the entrepreneur is the one who drives the vision of the business. The author emphasizes that a successful contractor must learn to balance these three roles. Many contractors fail because they are too focused on the technician's role and neglect the other two roles. This leads to a lack of strategic planning, poor management, and ultimately business failure.

The book is filled with practical advice and strategies on how to make a contracting business work. Some of the key takeaways from the book are the importance of systemizing the business, creating a unique selling proposition, and developing a customer-focused approach. The author provides examples and case studies to illustrate his points, making it easier for readers to understand and apply the concepts in their own businesses.

One of the strengths of the book is its easy-to-read and engaging style. The author uses simple and clear language to explain complex business concepts. The book is also structured in a logical and coherent manner, making it easy for readers to follow. The case studies and examples provided in the book serve to illustrate the points and make the book more relatable and practical.

In conclusion, "The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It" is a must-read for all contractors who want to improve their business performance. It provides valuable insights into the challenges of the contracting business and offers practical solutions to overcome them. Whether you are a seasoned contractor or a newcomer in the industry, this book will equip you with the knowledge and skills you need to succeed in your business.

Similar BooksMore