E-Myth Part 4 — The 7 Components of Management

“If you can’t describe what you are doing as a process, you don’t know what you’re doing.” — W. Edwards Deming

Most business owners want freedom.
But freedom doesn’t come from working harder — it comes from building systems that work without you.

That’s the promise of the E-Myth framework.
Once you’ve mastered the mindset (Part 1), the roles (Part 2), and the Business Development Process (Part 3), you’re ready for the final piece: The 7 Components of Management.

These components turn ideas into structure, systems, and sustainable growth.

1. Your Primary Aim — Define the Why

Before you can build the business of your dreams, you must know what that dream looks like.

Ask yourself:

• What kind of life do I want to lead?

Your Primary Aim is personal — it’s the vision that fuels the entire enterprise.

2. Your Strategic Objective — Clarify the What

Your Strategic Objective defines what the business must achieve to fulfill your Primary Aim.

It’s your success map — measurable, specific, and time-bound.

Ask yourself:

• What revenues and profits do I want over the next 2, 5, and 10 years?
• What kind of experience do I want to give my customers?
• Do I have the people and systems to get there?

3. Your Organizational Strategy — Design the Who

Structure drives clarity.

Every role must have a clear purpose, job description, and accountability.

Ask yourself:

• Do I have an org chart?
• Are there written procedures for every role?

Organization turns chaos into coordination.

4. Your Management Strategy — Build Consistency

Management isn’t about doing the work; it’s about getting the work done right.

When your business delivers predictable results — even when you’re not there — you’re truly free.

Ask yourself:

• Do I have checklists that ensure quality and consistency?
• Do I capture customer information and feedback systematically?

5. Your People Strategy — Inspire Excellence

Culture eats strategy for breakfast.

Hire for attitude, train for skill, and communicate your vision clearly.
Create an environment where doing great work feels natural.

Ask yourself:

• How do I recruit, develop, and retain top performers?
• Do my people understand our purpose and values?

6. Your Marketing Strategy — Keep Your Promise

Marketing isn’t about noise; it’s about making and keeping promises.

Understand your customer deeply — their needs, frustrations, and aspirations — and deliver better than anyone else can.

Ask yourself:

• What is it my customers truly want?
• Am I living up to my brand promise every day?

7. Your Systems Strategy — Make It Run Without You

Systems run the business. People run the systems.

Every successful organization integrates three types of systems:

• Soft Systems: People, culture, ideas.
• Hard Systems: Tools, equipment, workspace.
• Information Systems: Data, metrics, financial reports.

When these systems align, your business becomes scalable and saleable.

The E-Myth Call to Learning

The E-Myth isn’t just a framework — it’s a call to learn, grow, and act differently.

As the old Chinese proverb says:

“When you hear something, you forget. When you see something, you remember. When you do something, you understand.”

Building a business that works without you isn’t theory. It’s a practice — one that requires focus, discipline, and courage.

So step back, look at your business through E-Myth eyes, and ask:

• What’s missing between where you are and where you want to be?

That gap is your roadmap. And closing it will turn your business into a truly turn-key enterprise.

Ready to build your E-Myth systems and scale your freedom?

Contact me at tedb@strategyandexecution.com.au to schedule a free 30-minute discovery meeting.