Intro Flashcards

1
Q

What is the main purpose of ‘The E-myth Revisited’ by Michael E. Gerber?

A

To help individuals determine if they are suited to start their own business and navigate its challenges

The book serves as a guide to understanding key concepts in entrepreneurship.

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2
Q

What does the workbook associated with ‘The E-myth Revisited’ provide?

A

Key ideas from each chapter, reflection questions, and courses of action for creating a successful franchise

It is a supplemental resource intended for those who have read the book.

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3
Q

According to Michael E. Gerber, why are some people exceptionally good in business?

A

Because of their insatiable need to know more, rather than just what they know

This highlights the importance of continuous learning in entrepreneurship.

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4
Q

Fill in the blank: ‘Contrary to popular belief, 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 _______’

A

insatiable need to know more

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5
Q

What is one of the key themes explored in ‘The E-myth Revisited’?

A

Why most small businesses don’t work and what to do about it

This theme addresses common pitfalls in small business management.

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6
Q

What kind of questions does the workbook include for readers?

A

Reflection questions for consideration regarding their business approach

These questions are designed to provoke thought and self-assessment.

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7
Q

What does the workbook encourage for those who have read ‘The E-myth Revisited’?

A

It encourages active engagement with the material to apply insights to their own business

This suggests a practical application of the concepts discussed in the book.

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8
Q

True or False: The workbook is intended for individuals who have never read ‘The E-myth Revisited’.

A

False

The workbook is a supplemental resource for those who have already read the book.

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