The E-Myth Revisited explains why 80% of small businesses fail, and how to ensure yours isn't among those by building a company that's based on systems and not on the work of a single individual.

Originally published as The E-Myth in 1986, Michael Gerber revised and updated the book in 1995.

The E-Myth Revisited has long sold over a million copies.

You might know the common statistic that 80% of new businesses/startups fail.

That's the phenomenon that Gerber digs into in this book.

Running a business is very different from understanding technical work.

However, we can set up a company that depends much more on systems than it does on people, and be handed over to anyone with the right instructions.