creating flasher image file from running Beaglebone

Thanks Robert! I issued a pull request with a couple minor changes to add a variable where you explained:
https://github.com/RobertCNelson/boot-scripts/pull/124

Here’s the text of the pull request that describes how it could be used to make a smaller image size than the size of your microSD card:

Setting the conf_rootfs_partition_size variable allows for better control over the size of the microSD card necessary to house the resulting image when running the beaglebone-black-make-microSD-flasher-from-eMMC.sh script. For example, you might be working with a 32GB microSD card image, but want to generate an image that would also fit on a 4GB microSD card, so you could do the following:
sudo conf_rootfs_partition_size=7462912 /opt/scripts/tools/eMMC/beaglebone-black-make-microSD-flasher-from-eMMC.sh

Which would specify the size as 7462912 sectors, which is the size of the eMMC rootfs partition (at least on the one I was testing on). After making the flasher you could then use dd to get the image off the microSD card for flashing onto other microSD cards:

sudo dd if= of= bs=512 count=7471104

7471104 can be determined by the output from fdisk -l (one more than the End sector, or 8192 more than the size of the rootfs partition):
Device Boot Start End Sectors Size Id Type
/dev/mmcblk0p1 * 8192 7471103 7462912 3.6G 83 Linux

You may be able to speed up the dd command by using a bigger blocksize and adjusting the count accordingly (using a 4MB block size):
sudo dd if= of= bs=419430 count=912