My grammar isn’t the best. I had read this book previously and liked it. So when i found this video i was very excited. Sidenote- 3:10 when he talks about finding your role at every position, even the lowest one & how we are to build systems to get out of that. I started to burst into tears. Of happiness that is. I had been running a fairly successful business in hospitality for about 5 years. And i have never sat down and made a business plan. Never. I had played every single role of my business at one point- Bartender for events, bar designer, menu creator, bar consultant, accountant, booker, client relationship manager, warehouse manager, dishwasher for our bar tools, driver to events etc, you get the point. It was myself and over 15 other bartenders, freelancers who became very close to myself and the business. As business began to grow because of a busier season, we began to cut corners left and right & the service wasn’t the same. I no longer was proud of my work as when i first started the business, i let a lot of people who believed in me down a couple times. And I was no longer happy, on the other hand it was a ruff year. But I have a couple of great friends, and through seeking advice of many people, I started to read, and look for myself- I found this book through a good freind who worked with us- and because of this book he too is on a journey as an entrepreneur. 2020: I had eventually pulled myself out from behind the bar for the most part- (once a bartender always a bartender) so its the part i enjoy most. But by being on the other side of the bar and being able to see what my work looks like, i realized i needed to spend more time here.. so I had to get rid of all the other roles that kept me from doing so. In doing so i was able to better a lot more aspects of the bar/ design/ quality of cocktails etc, I fell in love with my work once again. In turn our bussiness became a lot more successful. I have a team of 4, we are working together to build a business that will produce meaningful work, for both our clients but also for the world as a whole. As mentioned in the very beginning my grammar and story telling skills aren’t to par: back to how this is relevant to bursting in tears. I had been constantly avoiding making a business plan, but I thought i had an idea of what i wanted, but these kept changing. As i now sit in planning out the future of momentum, i realized that the answer had been so simple. Build a system for every role, so you can get out of it ! it made me so happy to hear this. This recap and the book emyth, and principals (ray dalio) are the guidelines for which our bussiness will be run. Many blessings. Stay Safe.
Thank you for sharing the struggle that you've faced in the past. I really learned a lot from your experience. I actually dreamt to be an entrepreneur my self and after I read many forums it shows that that early steps are very crucial for a business to run. One of my example of running a business is that I've tried to sold a take away lunch that only have a 10% mark up and man the effort was not fruitful at all. I actually had a partner to work with in this business but we tend be reckless in doing procedures which affects our supplies and also our time that definitely cost us big time. What happened is that to just keep the business running we eventually put our own money in the system for buying ingredients and for other operational cost. It is clear that most of it is bad planning, but after 3 months of bad execution i've learned my lesson that we have to do our research before we could start a business specifically the should and shouldn't do in the business.
It is so true that an experienced person is already set in their ways, and they don't have that freshness for a growing business, but an inexperienced person is willing to learn, explore and experiment.
Since I run an online business beside my YT channel, I went over this book 3 times until now and I can tell you that you did a good job summarizing the important ideas. Congrats!
I read the book a little while ago and just needed a quick reminder, really. This was the perfect video. Went straight to your channel to see what else you had. Looking forward to getting into some more. I request The Lean Start Up!
Great Video , I been reading the book Since 2005 , bought more than 15 copies and gave them away. Did a radio book review about the book. I have never found such an accurate and detailed book overview in 7 minutes. Now , let me share your production work with others . Hope , you get as many likes and views that your productions deserves. Regards New Subscriber Gaven Malope South Africa / Sandton
Totally awesome book. I've just started reading it and I've found that it resonates with me on such a deep level. Love it and look to the future of success and improving my situation.
I love this, thank you for taking the time to summarise! I heard that the book is drawn out and bloated for the information it contains (GoodReads reviews), so having this summary is especially useful.
I like this one. Even at a regular job it inspires you on how to set things up so that you can delegate tasks. Like basically automate as much as you can. Seems like common sense, but it finally dawned on me. There are a lot of things that I could tweak to remove a step and delegate the task.
IMHO: i think video quality are more than good enough, because the quality here is the ability to transmit concepts. this guy have a lot of skills doing that.
Hi, saw no one answered your question thus I will. Although, your question varies highly in the kind of business you are in and the expert knowledge requirements from your workers. The way to start that system is to protect the data your company owns. NAS storage system backups, cloud documentations of everything is being done, and a company-wide knowledge database. Its up to you to share that with people or keep it to yourself with a password. Your system doesnt only consists of data but thats the most important. How the job is being done is harder to protect from ''stealing''. Its hard to not tell people the job they are doing. It can be done but its not cost effective. For example, army can do that for their private projects, they dont let the engineering team know what they are even building. In summary, start by protecting the data and its visibility managed carefully. Good luck.
While the concept is good there are definitely exceptions. One such exception is the company i started. The company depends on me and that actually is the reason it will succeed. Why do i know it will succeed. It will be for 2 reasons: 1. Other people leaving company doesn't affect company. 2. I have eliminated the failure. Now neutral and success are only options for it.
Thank you so much! Your videos are excellent, succinct, visually appealing and easy to follow presentations of these books. Thank you for all of your work to put these together for us.
Probably yes. But so can newbies after they get experience. Plus newbies won't go altering the system based on previous experience is what seems to be implied.
Great vid..only comment is that if you only hire people with zero experience, you don't get people coming in with experience of implementing new ideas elsewhere. Also, what if you needed a CFO? Would you get the senior widget maker to apply? No, you'd have to go outside the company and find someone with experience
My grammar isn’t the best. I had read this book previously and liked it. So when i found this video i was very excited. Sidenote- 3:10 when he talks about finding your role at every position, even the lowest one & how we are to build systems to get out of that. I started to burst into tears. Of happiness that is. I had been running a fairly successful business in hospitality for about 5 years. And i have never sat down and made a business plan. Never. I had played every single role of my business at one point- Bartender for events, bar designer, menu creator, bar consultant, accountant, booker, client relationship manager, warehouse manager, dishwasher for our bar tools, driver to events etc, you get the point. It was myself and over 15 other bartenders, freelancers who became very close to myself and the business. As business began to grow because of a busier season, we began to cut corners left and right & the service wasn’t the same. I no longer was proud of my work as when i first started the business, i let a lot of people who believed in me down a couple times. And I was no longer happy, on the other hand it was a ruff year. But I have a couple of great friends, and through seeking advice of many people, I started to read, and look for myself- I found this book through a good freind who worked with us- and because of this book he too is on a journey as an entrepreneur. 2020: I had eventually pulled myself out from behind the bar for the most part- (once a bartender always a bartender) so its the part i enjoy most. But by being on the other side of the bar and being able to see what my work looks like, i realized i needed to spend more time here.. so I had to get rid of all the other roles that kept me from doing so. In doing so i was able to better a lot more aspects of the bar/ design/ quality of cocktails etc, I fell in love with my work once again. In turn our bussiness became a lot more successful. I have a team of 4, we are working together to build a business that will produce meaningful work, for both our clients but also for the world as a whole. As mentioned in the very beginning my grammar and story telling skills aren’t to par: back to how this is relevant to bursting in tears. I had been constantly avoiding making a business plan, but I thought i had an idea of what i wanted, but these kept changing. As i now sit in planning out the future of momentum, i realized that the answer had been so simple. Build a system for every role, so you can get out of it ! it made me so happy to hear this. This recap and the book emyth, and principals (ray dalio) are the guidelines for which our bussiness will be run. Many blessings. Stay Safe.
Thank you for sharing the struggle that you've faced in the past. I really learned a lot from your experience. I actually dreamt to be an entrepreneur my self and after I read many forums it shows that that early steps are very crucial for a business to run. One of my example of running a business is that I've tried to sold a take away lunch that only have a 10% mark up and man the effort was not fruitful at all. I actually had a partner to work with in this business but we tend be reckless in doing procedures which affects our supplies and also our time that definitely cost us big time. What happened is that to just keep the business running we eventually put our own money in the system for buying ingredients and for other operational cost. It is clear that most of it is bad planning, but after 3 months of bad execution i've learned my lesson that we have to do our research before we could start a business specifically the should and shouldn't do in the business.
E-myth is the best ever book particularly to those who are just getting started!
It is so true that an experienced person is already set in their ways, and they don't have that freshness for a growing business, but an inexperienced person is willing to learn, explore and experiment.
what?
7 minute video, better than a university degree 😎
FR
Since I run an online business beside my YT channel, I went over this book 3 times until now and I can tell you that you did a good job summarizing the important ideas. Congrats!
What are the products your online business is selling?
how is it going
0😮😅😅😮😮😮
THIS IS BY FAR THE BEST CHANNEL ON BOOK SUMMARY
This channel is underrated.
I read the book a little while ago and just needed a quick reminder, really. This was the perfect video. Went straight to your channel to see what else you had. Looking forward to getting into some more. I request The Lean Start Up!
Interesting points about having a business that depends on you being a job. You can't do everything yourself, definitely need a system. Cheers!
This is beautifully summarized..
Great Video , I been reading the book Since 2005 , bought more than 15 copies and gave them away. Did a radio book review about the book. I have never found such an accurate and detailed book overview in 7 minutes. Now , let me share your production work with others . Hope , you get as many likes and views that your productions deserves.
Regards
New Subscriber
Gaven Malope
South Africa / Sandton
Thank you for this video!
Highly understandable summary. You have a gifted voice.
Totally awesome book. I've just started reading it and I've found that it resonates with me on such a deep level. Love it and look to the future of success and improving my situation.
Hello from the future! Has the contents of the book helped you in the long term?
Great job on summarizing the book. I've read it a few times and you nail it!
This is my favourite channel! Thanks for your work!
Thank you for summarising this you’re helping so many people be more productive, great job!
how is it going
This is a really good idea. Hadn’t thought this way. Thanks!! have been watching your videos one per day.
You are really doing a great job that needs serious attention from the audience
VERY. Vera good summary. I keep listening to it as a reminder!
Big fan of your work, highly recommended channel!! Keep it up.
A book I've had on my shelf but has been backlogged. So I thank you for the quick version! Now I gotta get to reading it asap in full.
High quality review. Great job.
Excellent video - great analogies. Very difficult to execute in reality but is still a key paradigm.
Thank you for the video. You don't sum up the book, you rephrase the content in an understandable way and that is even more compelling for me.
You Rock man, thank you for this video!
Too good sir.i am thankful sir,because i have listened to your simplified way of book.may god bless you.for motivating us every morning
Entrepreneurs are professional orchestrators that know what people want, they have clear focus on what they want, and know how to deliver.
To the person reading this: Even though I don’t know you, I wish you the best of what life has to offer ❤
Thank you!! And vice versa
Awesome. Fabulous summary.
Thanks for the awesome video!
Thank you!
Thanks so much you have done great job..
Amazing book and very greatly put the thoughts you learnt.. it's helpful to breif down a complete book and meaningful morals.. thank you 👍
Thank you...nice explanation...
Love this channel
I love this, thank you for taking the time to summarise!
I heard that the book is drawn out and bloated for the information it contains (GoodReads reviews), so having this summary is especially useful.
You're amazing man! Keep up this game!
Good stuff. I am currently reading this book
Great job! i am a big fan of your work!
Thank you for this thorough review! You covered all the points💗
Clean, very good way to express the idea
how is it going
Wonderful idea, worth more than one million
I like this one. Even at a regular job it inspires you on how to set things up so that you can delegate tasks. Like basically automate as much as you can. Seems like common sense, but it finally dawned on me. There are a lot of things that I could tweak to remove a step and delegate the task.
Thank you for this ! Just subbed 🙏🏻👊🏻
Thanks for sharing your thoughts on this.
Awesome video. Thank You
how is it going
man, your channel is awesome!
how is it going
Amazing !!! I have a great introduction before reading it
Excelent explanation I read the book and this is just great to complement
thanks
This channel needs more attention great and high quality videos. Thanks for your hard works
Nice words. I agree with you
IMHO: i think video quality are more than good enough, because the quality here is the ability to transmit concepts. this guy have a lot of skills doing that.
Amazing!!!
Great work. Wish you success
Thanks !
how is it going
This hits a little too close to home. That's the story of my first three businesses.
As usual amazing....
I do have one question what Steps should be taken to keep your system from being taken and used to create a competing interest?
Hi, saw no one answered your question thus I will. Although, your question varies highly in the kind of business you are in and the expert knowledge requirements from your workers. The way to start that system is to protect the data your company owns. NAS storage system backups, cloud documentations of everything is being done, and a company-wide knowledge database. Its up to you to share that with people or keep it to yourself with a password. Your system doesnt only consists of data but thats the most important. How the job is being done is harder to protect from ''stealing''. Its hard to not tell people the job they are doing. It can be done but its not cost effective. For example, army can do that for their private projects, they dont let the engineering team know what they are even building. In summary, start by protecting the data and its visibility managed carefully. Good luck.
@@CMKaplan thank you--that is a helpful consideration--Maintaining the POC is a step to take in creating the system.
Thank you so much
Great explanation
Thank you
While the concept is good there are definitely exceptions.
One such exception is the company i started. The company depends on me and that actually is the reason it will succeed.
Why do i know it will succeed. It will be for 2 reasons:
1. Other people leaving company doesn't affect company.
2. I have eliminated the failure. Now neutral and success are only options for it.
Thank you so much! Your videos are excellent, succinct, visually appealing and easy to follow presentations of these books. Thank you for all of your work to put these together for us.
EXCELLENT!
Awesome book.. just love it
how is it going
Thank you. You really do a great job! :)
@Productivity Game - Can't the people that have previous experience be able to not change but improve your systems?
Probably yes. But so can newbies after they get experience. Plus newbies won't go altering the system based on previous experience is what seems to be implied.
I love your work bro %100
Highly recommended
Great vid..only comment is that if you only hire people with zero experience, you don't get people coming in with experience of implementing new ideas elsewhere. Also, what if you needed a CFO? Would you get the senior widget maker to apply? No, you'd have to go outside the company and find someone with experience
Really helpful!
Wow. Thank you, sir! What a fine work summarizing the concepts. I wish all attention and traffic be directed to your work. #gemfound
Amazing
Why does your website not work as a clickable link in the description but other links do?
Thanks
What if the people you trained leaves and used your system to create the exact same business as your competition?
as usual : perfect!
thank you sir.
Thanks for that great video! I want to save the transkript, but it's in Dutch.. Could anyone help me to get an english transkript of this video?
Eye opener
how is it going
Great review, as always :D :D
TQ
How do you prevent from being copied?
Thank you for the concise and helpful summary! Clicked the link to the 1-Page PDF Summary, but received a 404-Page Not Found error.
But you still have a job... Your job is to continuously build and improve those systems...
So I´ve been trying to download the 1 page summary but it doesn´t work somehow. Did anybody have the same problem?
Awesome video ! What do you use aside of videoscribe?
ياريت تعملنا مراجعة للكتاب ده 😍
Yup!!
how is it goinf
But what if you actually want to do the work and not have an actual boss?
why is the transcript language in dutch?
2458 Bernier Hill
503 Alta Dam
Yo! Great
Wow
125 Goodwin Stream
02:50
Money Maker
🙏🙏🙏
079 Tara Landing
Sounds like Ford
94110 Toney Summit
3523 Colten Stream