Michael Gerber—3 Secrets to Be Your Own Boss
Good Money with Derrick Kinney
Derrick Kinney
5.0 • 1.5K Ratings
🗓️ 5 November 2020
⏱️ 33 minutes
🧾️ Download transcript
Summary
Do you desire to make more than just a living? Like many small business owners, you want to grow but don’t know how. Michael Gerber has revolutionized how small businesses can strategically build and expand. If you want to be a true entrepreneur, he says you need repeatable systems (think McDonalds), a blank piece of paper with a beginner’s mind and to avoid the fatal mistake business owners make.
What you will learn:
- How to keep a 10,000-foot view of your business
- Why most small businesses fail
- Money is the product of passion
- The driving force behind the True Entrepreneur
- How to scale a business
- Intentionality is more important than hope
- The 5 essential skills
Quotes:
- “It means that every single one of us must rise above who we are, rise above where we are, rise above what we do and help you think about what we do, and in the process of rising above it and enabling us to look down upon it, so to speak, we suddenly see it with a clarity that has never existed before while we were all caught up in the midst of it.” – Michael Gerber
- “So, they go into business for themselves to get rid of the boss, thinking, ‘I can do this for myself. I don’t need a boss.’ And the moment they do that they become their boss, and now they’re working for a lunatic.” – Michael Gerber
- “It’s almost like when an airplane leaves the runway, if they’re not tacking toward the right destination, they will clearly land at the wrong airport.” – Derrick Kinney
- “As we go to work on what we do and experience the vitality and liberation of energy in the process, the money comes.” – Michael Gerber
- “It’s a system and one can rise above that system and take in all of the component operating parts of that system and begin to work on each and every one of those integrated parts of that system. That’s what a truly fluent, extraordinarily invested entrepreneur is looking at.” – Michael Gerber
- “The true entrepreneur is the dreamer, the thinker, the storyteller, the leader, and each and every one of them has his or her role in establishing the foundation, the platform, the viscera, the heart, the soul, the mind underlying this great growing enterprise that they’re going to create.” – Michael Gerber
- “If everything’s different, nothing’s the same. And if nothing’s the same, you can’t grow it because it’s chaos supreme. Just like every small business is today, chaos supreme.” – Michael Gerber
- “Hope has something to do with outside of our work. Intention has everything to do with inside of our work. Intention is an act of our mindset.” – Michael Gerber
Free Valuable Report for our Listeners: 5 Ways Your Resentment of Money is Ruining the World
https://goodmoneyframework.com
Follow Good Money Good Hands Good Work on Instagram!
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Recommended Resources:
- Michaelgerbercompanies.com
- 2020.radicalu.com
- The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber (https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280)
Transcript
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| 0:00.0 | Welcome to the good money, good hands, good work podcast, where we believe money is not bad and good people should have more of it. |
| 0:14.8 | Good money in the hands of good people gets good work done. |
| 0:18.4 | I'm your host Derek Kenne. |
| 0:20.9 | Inc. magazine has called Michael Gerber, the world's number one small business guru. |
| 0:27.0 | As the author of the New York Times mega best-selling book, The Emeth Revisited, |
| 0:32.0 | he has helped millions of small business owners transform the work they do. |
| 0:37.0 | In our conversation, Michael shares that many people decide to start their own business to get rid of their boss, but then they become like |
| 0:45.8 | them. |
| 0:46.8 | He shares why you should work on your business and not in your business. |
| 0:50.8 | And don't miss his advice on how to avoid what puts people out of business every |
| 0:56.0 | single time. I think you'll enjoy my conversation with Michael Gerber. Michael |
| 1:01.4 | welcome to the show. |
| 1:03.0 | Well, thank you very much. I'm absolutely thrilled to be here. |
| 1:07.0 | Michael, you have built a movement on a simple yet powerful idea, on your business not in your business. |
| 1:16.0 | Tell us what that means to you. |
| 1:18.0 | Well it means everything to me. |
| 1:21.0 | It means that every single one of us must rise above who we are, rise |
| 1:30.1 | above where we are, rise above what we do and how we think about what we do and how we think about what we do. |
| 1:37.3 | And in the process of rising above it and enabling us to look down upon it so to speak we suddenly see it with a |
| 1:48.0 | clarity that has never existed before while we were all caught up in the midst of it. So it's |
| 1:56.8 | liberating. And when you say liberating, what I think about is a typical business owner that goes to work it's almost like |
| 2:05.2 | they should be dressed up as a as a fireman because they're prepared for the |
... |
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