Welcome to a collection of profound insights from the mind of Michael Gerber, a renowned author, speaker, and business consultant. With a career spanning decades, Gerber has left an indelible mark on the world of entrepreneurship and small business management. His work revolves around the notion that to succeed in business, one must adopt a systematic approach, emphasizing the importance of processes and systems over mere hard work.
Through his bestselling book, The E-Myth Revisited, Gerber has revolutionized the way entrepreneurs perceive and operate their businesses. He argues that many small business owners fall into the trap of working in their businesses rather than on them, leading to stagnation and frustration. Gerber’s insights are not just about making a profit but about creating sustainable enterprises that can thrive even in the face of adversity.
As you delve into the quotes curated from Michael Gerber’s vast body of work, you’ll gain valuable wisdom and guidance for navigating the complexities of entrepreneurship. Whether you’re a seasoned business owner or someone just embarking on the entrepreneurial journey, these quotes will inspire you to rethink your approach and strive for excellence in every aspect of your business endeavors. Explore, reflect, and apply these insights to chart a course toward success and fulfillment.
A true entrepreneurial enterprise begins with a big idea – a unique way to solve a customer’s problem. Your customer, after all, is the only justification for creating a company in the first place. Without a big, transformational idea, you can’t produce a great result for your customer. Michael Gerber
The only choice that leads small business owners to real success in their endeavors is the one that requires real thought. Understanding and building the systems they need within their company to afford them a framework of organization that can scale the business from a company of one to a company of one thousand. Michael Gerber
People who lack the skill of discrimination tend to believe that everything is of relatively equal importance. Michael Gerber
There are three things that can be organized: time, space, and work. Note that, despite what many believe, you cannot organize people – you can only organize the work that people do. Michael Gerber
Quit being ‘busy’ and start actively owning and operating your company, and you’ll be able to understand where the money is coming from and how to make more of it. Michael Gerber
If opening your own business is the dream, then it must start with a Dream – not only to understand what it is that you want to do, but also, how you are going to build something better than the same chaotic environment you just left. Michael Gerber
Look at what is average in your area, your industry, and your company and then be better. That could be as simple as reading another book each month or attending a seminar each year. On the other hand, it also means acknowledging what ‘average’ actually is and how you, as the owner, arrive at that figure. Michael Gerber
When you consider how many people are really not good at communication in general and interviewing in specific, it’s no wonder that many companies struggle to build high-quality partnerships – or even staffs. Michael Gerber
Your first job, as an owner and an entrepreneur, has to be to understand how the business is going to actually work. Michael Gerber
I don’t know why the word ‘solopreneur’ is in our lexicon. Nobody can physically do it all by themselves, and more importantly, why would they want to? Being the sales team, the HR department, management, and production all by yourself is terrible. Period. Michael Gerber
There is always going to be someone more successful, richer, better looking, or with a nicer car. Michael Gerber
Your goal as an entrepreneur is to understand not only what your business does but the clients that it serves. If you really have your pulse on their needs and wants, then your ‘absolute’ failures are always going to have limits. Michael Gerber
Your target market and their demographics realistically need to be in alignment with your own beliefs and morals, or you may have trouble reaching out to them – or keep them once others have entered the market. Michael Gerber
Understand this – as a new company, if you don’t know how to get interested prospects into your company, then you don’t have a company. At the same time, if you, as a owner, have to drive every lead into your business, then you need a real lead generation strategy. Michael Gerber
It’s fashionable to use terms like ‘sales funnels’ to describe the sales process for many companies, and it is true that the funnel design is very appropriate for the digital world, but despite all the prose written on sales funnels and the like, my question is still the same – when do you close your sales, and how long does that take? Michael Gerber
Being an entrepreneur is more than a matter of simply starting a business. Michael Gerber
My experience has shown me that the people who are exceptionally good in business aren’t so because of what they know but because of their insatiable need to know more. Michael Gerber
Results transform the world, and a great dream creates results. That’s what this thing we call ‘business’ is really all about. Michael Gerber
Ray Kroc called his first McDonald’s restaurant, which he opened in Illinois, ‘a little money machine.’ That’s why thousands of franchisees bought it. Michael Gerber
You’re going to dream no matter what you do in your life, so make those dreams so big that you can attract others who are amazed at your visions and goals. Michael Gerber
How can you, as a small business owner, figure out what you are and, from there, begin to take action? Simple – you have to understand what part of the job you are doing and, if it isn’t fulfilling the role of the entrepreneur in your business, you must make the decision to take on that role. Michael Gerber
Strategic Work is all about the big questions: Who? What? When? Where? Why? Tactical Work is all about answers: This is the system we use to do each task. This is how we do it, how we measure it, how we monitor it. Michael Gerber
Every life a legacy, every small business a school. Michael Gerber
Without concentration, a business will be ordinary in every respect, because it will have no presence, no inner force, no way to attract the people upon whom it depends for its very existence – employees, customers, suppliers, and lenders. Michael Gerber
You did not disturb Hemingway before noon on Monday through Friday – he was in his office, writing the books that made the lifestyle possible. Michael Gerber
Steve Jobs didn’t seek solace among minimum wage workers. He sought it from highly educated men and women who understood and shared his focus on growth, technology, and company-building. Michael Gerber
You cannot build a company or manage a life by chasing others; you have to find your success competing against yourself. There will always be a bigger fish. Michael Gerber
The more Strategic Work you do, the more effective, productive, and joyful the Tactical Work becomes. Michael Gerber
We all know that Ray Kroc founded the McDonald’s franchise back in the 1950s, and it then became the most successful business enterprise in history. Michael Gerber
Your success starts with how you are able to get clients in the door, get their business, and leave them satisfied. If you, personally, have to spend too much time doing that, you have simply bought yourself a job, not an enterprise. Take hints from success stories all around you! Michael Gerber
As an entrepreneur and a small business owner, you are intimately familiar with goals. You’ve dreamed of the ‘right’ ones, you’ve projected ‘real’ ones for the banker and the investor, and, secretly, you’ve imagined how life can be if you can reach the ones you’ve set. Michael Gerber
Unlike what most people think, entrepreneurs are not special people who know how to do special things that others don’t. Entrepreneurs can be made, because we’re all born with the potential – that special human quality – to create. Michael Gerber
The entrepreneur rarely thinks in terms of what he or she wants, but dreams about results – always results and nothing but results – that can solve someone else’s problem or contribute to making someone else’s life better. Michael Gerber
The Big Dream of any entrepreneur really has very little to do with the entrepreneur. If you truly love repairing automobiles, chances are, you’ll be a lousy business owner. Likewise, if you are fascinated by debits and credits, the dream of building an accounting firm with you at the helm is probably best left unfulfilled. Michael Gerber
The entire idea of building a series of systems in a business is simply this – to create the tools that allow you, as a business owner, to increase productivity and get the job done. The idea behind these systems, of course, is to quit needing your judgement or input in every area of the business. Michael Gerber
No matter what, the entrepreneur must strive to be above average and, at the same time, understand what is driving those averages they are seeking to beat. Take the time to understand and test the metrics you are using, and then you can not only set the average, you can exceed it. Michael Gerber
Whether your dream is a $100,000 in sales or a million, the amount of work is likely the same – you’ll still have 86,400 seconds each day, so why couldn’t you imagine creating the company and enterprise that can fulfill every aspect of any dream you wish to have? Michael Gerber
Don’t look at small business as a means to an end and a way to make money until the corporation hires you; look at it as a chance to create something of immeasurable value and beauty in a world that desperately needs it. Michael Gerber
The number of businesses that fold due to bad partnerships is staggering. In some cases, they are charlatans, in others inept business people, and others find themselves unable to scale with any growth. Michael Gerber
If you haven’t created the time as an owner to understand why people are choosing your model over your competition, then you are only managing the business that comes in the door, not actively seeking it out. Michael Gerber
Entrepreneurship requires an unvanquished spirit of curiosity, an openness to learning, a letting go of OldCo so you’re free to create NewCo. Michael Gerber
If there is one thing that offers challenges to small companies as they start to grow and expand, it is the hiring process… every single area. The issues that can arise run the full spectrum, from ‘finding good help’ to that ubiquitous catch-all ‘training’ and everything in between. Michael Gerber
Trendy gadgets and edgy pitches inevitably get replaced due to the fickle nature of the buying public, but a business designed from the start to play big has the ability to weather trends and redirect itself to venues and products that its customers want and need. Michael Gerber
If you expect to grow your business, you need to be plotting out your schedules days in advance. Until you get that most basic of steps orchestrated, you can never get to the critical steps that I outline in any one of dozens of books. Michael Gerber
Have you ever noticed the fact that once you begin to think about something, you see it everywhere? Anyone who has ever begun the search for a new automobile can attest, from the moment you Google it, you begin to pass that model in traffic everywhere. Of course, they were there the whole time; we simply didn’t have them at top of mind. Michael Gerber
For decades, I’ve spoken of McDonald’s as one of the premier examples of how to build a company, scale it, and ultimately sell it. Michael Gerber
If you ever hope to get ahead as an entrepreneur, the answer is not becoming an effective juggler, but in understanding and designing the systems to keep your team, not you, busy, busy, busy. Michael Gerber
As a small business owner, you may not have the luxury to throw good money after bad, but if you can ascertain the ‘why’ of the failure, you can draw some significance from it and then turn it into something that clients will buy. Michael Gerber
More than a few studies have shown that the five people you spend the most time with represent you – so you need to decide – who do you want to be? Michael Gerber
People crave predictability, and when you design and use systems, you give people predictability. More importantly, when you build systems, they can help you orchestrate, and orchestration helps you create the habits that continuously improve the systems! Michael Gerber
I’m not here to tell you what your average needs to be, but it would seem to me that one way to protect yourself, as an entrepreneur, from the dreaded average is to understand what that looks like in your industry, your business, and your personal life and take the steps to be above average. Michael Gerber
At some point, you have to declare an idea dead and, if not a failure, then at least not a success. Michael Gerber
Small business owners and entrepreneurs worthy of the title need to build systems that replace themselves. Michael Gerber
In my experience, most small businesses are worried about the client fulfillment – ‘getting the Job done’ – and lead generation far more than they are in how the sales process flows. Michael Gerber
Take the time to create an easy-flowing process that makes the sale, saves time, and gives you the best chance to scale a system that can pay off as you grow and scale. Michael Gerber
Your success has to be measured against yourself – a decade ago, last year, or yesterday. Michael Gerber
McDonalds. Apple. Starbucks. They were all small businesses, owned by entrepreneurs and people with vision. Michael Gerber
The deciding factor of why some entrepreneurs are successful and others fail is not limited to your DNA or your education; it is about the actions you take as the leader of your business. Michael Gerber
Here’s the problem with phones – they are a ready-made diversion from the considerably harder work of growing a business. Michael Gerber
The Internet is fundamentally free, and when faced with the decision to use something free, we, as humans, always seek to grab all we can. Michael Gerber
Remember, if your business isn’t making money, then you and your employees aren’t, either. Michael Gerber
Your Dream, Vision, Purpose, and Mission all come together when you bring products to market – so make sure you’re bringing your best. Michael Gerber
Communication is the channel through which life is conveyed, through which ideas and the energy behind them are transmitted, and through which the mind, body, and spirit are merged into a force for right action. Michael Gerber
The world of the small business owner is all about moving multiple items forward at once, and it’s a fool’s errand to believe one person can do it all when the shift comes from linear to parallel. Michael Gerber
The challenge of any business owner is not only to keep the saw sharp, but also to know if you even have a need for such a tool. Michael Gerber
After decades of studying the men and women that make the decision to open their own Great, Growing Company, I’d have to say it comes down to the Vision they have for that business – do they expect to build the company or just have some income for the short term? Michael Gerber
For over forty years, I’ve been one of the most passionate believers in entrepreneurs. From day one, I’ve learned that too many small businesses are predicated on business models that the owner barely understands, and then, those same men and women are baffled when their business dreams are overwhelmed with struggles they never foresaw. Michael Gerber
When I say, ‘doin’ it, doin’ it, doin’ it’ to a group of small business owners, they immediately respond. They recognize the experience of doing the same things over and over. Keeping the business afloat without ever getting ahead. And it’s more than frustrating – it’s heartbreaking. Michael Gerber
Nobody knew they needed a smart phone, an automobile, or even a cheeseburger from a drive through window. Michael Gerber
I’m not really into the business of giving out tips, but if you are not using an all-encompassing software to integrate and sync your schedule, then you might be losing time. Most of these are free, and they can allow you to keep track of everything in one place and then access that from your computer, phone, or tablet. Michael Gerber
If you make converting a lead into a sale harder than a trip to the local DMV, then you lose sales to someone else – with an inferior product – who can make it painless. Don’t do that! Michael Gerber
One of the biggest challenges we have, as business owners and people, is that we think in linear terms. Michael Gerber
I’ve said it for four decades – work ‘on’ your business, not just ‘in’ your business! Michael Gerber
Most people who go into business for themselves and, therefore, believe they are entrepreneurs, are doomed to struggle because they don’t have a true Entrepreneurial Perspective. They have a Technician’s Perspective. Michael Gerber
The Entrepreneurial Perspective is absolutely necessary for the creation of a great, growing business. Michael Gerber
No matter what, once the doors are open for business, the entrepreneur has no choice but to be directing multiple attacks at once – raising money, writing software, prototyping, selling, collecting, training, and marketing. Michael Gerber
Certainly, the human race can be fickle, and times do change, but overall, the barriers to bringing a product to market – and understanding what ‘the market’ wants – have remained unchanged. Michael Gerber
It is one thing to seek out new ways to grow your company and new potential streams of income from new services or products, but it is quite another to take on responsibilities that are far from your primary job as Entrepreneur. Michael Gerber
The greatest business people I’ve met are determined to get it right no matter what the cost. Michael Gerber
The kind of work you do, when you do it, how much of it there is, and who you delegate it to are often the cause of the quasi-schizophrenic behavior seen in many business owners and entrepreneurs. Michael Gerber
As with anything we do as entrepreneurs, researching how our businesses impact and influence our customers and our markets – and our world – is critical to building something of value as a business. Michael Gerber
‘Product life’ is measured in months, not years, and as soon as you introduce a ‘product,’ understand that others in your business are going to reverse engineer it to duplicate the results after they circumnavigate the patents, the trademarks, and the intellectual property. Michael Gerber
If you are with five successful people, then you are the sixth successful person. The reverse of this is true as well, so who are you hanging out with? Michael Gerber
If you are planning to start a business, and if you want that business to have a hope of succeeding, be sure you are approaching your venture from a true Entrepreneurial Perspective. Michael Gerber
You can’t be the accountant in your accounting firm. You can’t cut the grass in your landscaping business. You can’t work on the vehicles in your auto repair shop… And you really can’t spend all of your time managing those actions, either. Michael Gerber
The world is littered with the tales of small businesses in the dire straits of hiring that spent time and money they couldn’t afford to hire people who couldn’t perform. Michael Gerber
Opening a business is going to be hard work, no matter what choices you make. If you decide to fall on your sword and just slog through all the work as an operator instead of an owner, then you take responsibility for the entire operation and the actions of the business. Michael Gerber
Empirical and observational data along with a healthy dash of intuition often have to be combined as business owners begin to look outward, not inward, at what solutions they can provide to their customers. Michael Gerber
A person who willingly goes into business for themselves – and intentionally seeks out ‘solopreneurship’ – is insane! Michael Gerber
Your own business growth and success depends on many things, and along that growing path, you are going to have to concede certain responsibilities and activities – whether for your accounting, your production, or day-to-day management. Michael Gerber
No matter what your company does – build, manage, produce, import – as an owner, you can’t avoid the hard work and skip straight to success. No class can give you that, no YouTube video can teach it, and no book can mark it off your list. Michael Gerber
Be honest: if your pitch is 90 minutes and you only have 60 set aside for a business lunch or a cup of coffee, there is no way that you can give an honest representation of your company or products. You’re lying to yourself and wasting your own time as well as that of your prospect or partner. Michael Gerber
Everywhere you turn, there are lists and statistics. Any business, any sport, any hobby – we will try to categorize who is the best at some component of that endeavor. It’s part human nature and part technology, since we have been conditioned to have access to answers and trivial problems at our fingertips. Michael Gerber
Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business. Michael Gerber
Growing your own business is great. Watching your ideas come to life, taking care of new customers and watching them become repeat customers, and successfully building your team is a feeling that can’t be matched. Michael Gerber
Build a company that changes the way things get done! Michael Gerber
Tactical Work is the work you do every day in your business to generate income, along with all of the operational, financial, and management tasks that entails. Michael Gerber
As the owner, you have to look into the mind of the customer and see and feel how their relationship to your product works – not just that the product works. Michael Gerber
Most people view coffee and lunch as personal time, not deal-making time. Unless the person you’re meeting understands that this is a working lunch, then they may not even think that this is a serious business conversation. Michael Gerber
Remember: you cannot build a better mouse trap by fixing the old one – NewCo demands active ownership, and that activity is not the sum of doing multiple jobs but, instead, the sum of implementing paradigm-shifting changes that create new industries and solutions. Michael Gerber
