Coursework.Info - Inspiration in an Instant

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E-Myth The term "E-Myth" defined by Michael E. Gerber states that small businesses are started by entrepreneurs risking capital to make a profit. Gerber agreeably states that this is simply not true. We have learned from our textbook Entrepreneurship, E-Myth, and everyday life that small businesses are started for various reasons and the risk of losing money is not one. Most people do not start companies just to risk money and try to make a profit just for the thrill of it. Ideas for small businesses are usually triggered by corporate downsizing, global advancement, "...the paycheck you received on a Friday afternoon, or a sideways glance from the boss that just didn't sit right"(Gerber, 11). Those events usually trigger an "Entrepreneurial Seizure." The employee now wants to be the employer. However, when hit with this burning desire to start a business one has a "Fatal Assumption." One assumes "if you understand...

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