Has your passion turned into a job? Do you regret opening a business that has taken away your life? Michael Gerber’s book, the E-Myth, discusses such feelings and offers remedies. Join Brandon and Rick as they use Gerber’s book and look inside the mind of the small/mid-sized business owner by telling the story of their family’s Italian restaurant, the Villa Italian, which was opened in 1949.
- Homework assignment–Steps
- Are you wearing these three hats? If not, you need to change.
- The Entrepreneur
- Do you have the personality to turn the most trivial condition into an exceptional opportunity?
- Are you a visionary?
- The Manager
- Do you have the personality that is pragmatic?
- Do you plan and manage?
- The Entrepreneur
- Are you wearing these three hats? If not, you need to change.
- The Technician
- Do you have the personality to dig into the details and do the work?
- Do you like to tinker with your product or service to make it better?
- Are you uncomfortable with the company growing because it puts more pressure on you to deliver?
- Build a preliminary organization chart, even if you don’t have any people to fill the boxes.
- Hire or re-shuffle people to fill the slots. Get the right people on the bus (Jim Colins “Good to Great.”)
- First right people
- Motivation and management issues go away
- If you found the wrong people, make the hard decision early.
- Set up the processes and procedures that allow you to delegate as much as possible.

