Jason Hartman talks with Michael E Gerber, founder of Michael E Gerber Companies and E-Myth, as well as author of The E-Myth, about why small businesses fail, as well as how to successfully systemitize your processes to achieve success.
Key Takeaways:
[5:47] Why Michael created Radical U
[7:55] Small business owners almost always fail to understand what a business is, and that includes real estate investors
[11:38] Why the idea that McDonald’s is in the real estate business is a myth
[16:49] The most important tool for running your business
[21:03] Why successful contractors fail when they try to scale their business
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