A podcast where you join me (Penny!) as I chat to fellow creatives over a cocktail.
I AM AN ENTREPRENEUR, LAWYER, AUTHOR & PODCAST HOST. I'M PASSIONATE ABOUT LIVING MY BEST LIFE & BELIEVE YOU CAN TOO!
This podcast episode is a MUST LISTEN if you are in business, interested in business, or starting your own business; I promise this will be worth your while.
When I was in my early twenties, I was fortunate enough to go to a business event in Auckland, New Zealand, run by Brad Sugars – this event changed the course of my life. At the time, I was 21, and I had just started a new business. This was such a massive learning curve for me as I gained so much knowledge and a method to pursue business.
In the duration of the event, we were introduced to a book, and it has been life-changing for me, so of course, now I feel I must be your Brad Sugars!
No matter what type of business you have, you need to read this book as it is relatable to any business that you may run, even a law firm!
Introducing…The E-Myth Revisited by Michael Gerber!
The E-Myth stands for the entrepreneurial Myth, which is the flawed assumption that business owners who are experts in their industry will ensure that they are successful in their business. The reality is that most of us start a business in the area that we are trained in. For example, I started a family law firm because I am a fabulous family lawyer. The book’s principle is that just because you are running a business in an area that you are great in doesn’t mean that you will have a great business.
The E-Myth is the go-to guide on how to create a successful business, it is different from other business books as it is straightforward, and the principles are very relatable. There is a very well-known statistic that 80% of businesses fail in the first year. This is broken down in the book and gives you strategies to ensure you remain uncounted from that statistic. The E-Myth is heavily focused on structured systems and how they will help create more freedom, profit, and an excellent team!
The E-Myth is structured around the idea of working on your business, not in your business which is exactly what my business coaching program, the Scalable Business Lounge preaches! The Scalable Business Lounge shows you and helps you implement systems to ensure your business would be covered if you needed to take a break or take leave.
I would highly recommend jumping to get ahold of The E-myth for yourself and if you are considering a business – get on it! I promise you that it will be one of those things you will never forget and be so grateful that you have read. If you would like to combine this with the Scalable Business Lounge, click here to learn more.
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