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Rule 23: Don’t Be an Employee in Your Business

If you are planning on starting a new business, take care not to spend too much time working as an employee in your business and not enough time as the business owner working on your business. This is the core message of the book, E-Myth, by Michael Gerber. As a new entrepreneur, you probably have a strong technical background in providing the specific service or product your company sells from your past work experiences, but you may lack experience in managing a business, which is what you need as an owner who runs the company that sells your product or service.

Excerpt From: Matthew Paulson. “40 Rules for Internet Business Success: Escape the 9 to 5, Do Work You Love, and Build a Profitable Online Business.”