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By Michael Gerber
Most businesses fail. Eight out of ten often in the first five years.
Most small business owners have little or no sense of demographics, finances, advertising, franchising or, managing. Mostly they have no purpose, no ideas and no image.
"In fact, most small businesses aren't really businesses at all, they're jobs," says author, Michael Gerber.
"Most have built a business around their own personal willingness to work, their own personal technical skills, for all the wrong reasons.
"Rather than building a business that works, they have built a job that works. At this point, a powerful question to ask would be: How do I invent a business that works apart from me, rather than because of me?"
"I'm essentially saying that most small business owners don't make it and, even if they do, it's not that grand of an experience. Rather than being entrepreneurs they are technicians suffering from entrepreneurial seizures."
"Most people who go into business for themselves are motivated not by a desire to own a business but by a desire not to have a boss. Their business is not really a business, it's a job."
"A business is a real business only when it's owner has one goal in mind: The sole purpose for creating a business is to sell it. Every day I come into my business, I'm buying it: What's the value of my business?
If you're not holding the business to the same standards that a stranger would you’re really in trouble."
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