Education
Are You Aiding & Abetting E-Myths?
By Carmen Ventrucci
November 9, 2021
We are going to embark upon a journey through the world of e-myths and debunk them to help you avoid falling into the e-myth trap.
First, let’s take a minute to talk about what an e-myth is. An entrepreneurial myth, or e-myth, is an assumption that anyone can succeed at business with:
This sounds great, but it’s not realistic. Think of starting a business as a marathon. Sure, everyone starts out of the gate at a record pace, but after a few miles, people start slowing and some drop out entirely. Building a successful business takes stamina and agility.
The reality is that there are many different facets to a successful business and none of them can be ignored when you plan to find success.
Let’s take a minute to talk about entrepreneurial seizures. This defines the roller coaster of emotions that comes with starting, nurturing and the potential failure of a business.
The emotions that occur, in order, are:
This is usually caused by the e-myths and assumptions listed above. You can get your hopes so high on instant success that even the smallest lag and you are sent into an emotional tailspin. This is also brought on by the stark realization that you can’t do it all and will need help in the areas where you don’t have the knowledge. Now, faced with limited choices, you may feel like you need to back out and hide, and you can avoid this.
One step at a time. Celebrate your success. Revisit your plan often. Adapt. Hire out your weaknesses. And hire a solid business consultant.
Carmen Ventrucci’s motto is Follow Your Road. She knows small business owners create their business so they can make an impact for their clients, community, family, and life.
Nicknamed by her clients as ‘The Girl with the Golden Shovel’' due to results, Carmen helps her clients scale and grow their business so they can magnify their impact. Carmen is a small business consultant based in St. Paul, MN, and serves clients across the USA with her company, True SISU Life, LLC.
See how Carmen’s Golden Shovel can impact you at www.truesisulife.com.
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