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Ask HN: How do you apply the teachings of the book E-Myth?
The book is about the franchise model which is a great concept.
But building a profitable venture is such a challenge in itself that there are not many people who can actually apply the concepts taught in the book to turn the business into a franchise.
Yet, the book is a success. Am I missing something in the book that can be applied in a non-yet-profitable venture?
- hga 16y agoI love the book myself, but there's also an issue in our field of how you reduce the software development process to something you can propagate in franchise style (by book(s), face to face lessons, whatever). That's just beyond the current state of the art of management(/human nature) and software engineering. However documenting and following procedures that you learn will work might still be useful. E.g. for face to face sales, not that the typical HN startup does those (see Joel's essay on why software tends to cost < 3K or > 50K (or thereabouts)). Doing this sort of thing for your web site deployment process certainly would is useful. And a recent HN item talked about a company in which the internal communications was so bad it was in danger of losing a critical client because the programmers had never been told the client needed a major new release. Anyway, all that said, there's still plenty of good advice in the book for any entrepreneur. Here's what I had to say about it in previous HN threads: http://news.ycombinator.com/item?id=1021526 http://news.ycombinator.com/item?id=1021526 http://news.ycombinator.com/item?id=1385190 http://news.ycombinator.com/item?id=1385190 and for other discussions you can try http://www.google.com/search?q=%22the+e-myth%22+site%3Anews.ycombinator.com http://www.google.com/search?q=%22the+e-myth%22+site%3Anews....