How to migrate an OS X guest VM to a physical machine?

I am running OS X Yosemite, and Parallels 10.

I have a guest VM running OS X Yosemite. I would like to migrate the guest VM to a physical machine. Is this possible? The reason is that the guest vm is just too slow, and I would be better off running on a physical machine. I have a number of developer tools installed and configured perfectly on the VM that would take a long time to download them on the physical machine. Thats why I just want to "migrate" to a physical machine.

I tried connecting an external hard drive to the VM, and creating a time machine backup, but it fails to even make the initial backup. The error message is:

"An error occurred while copying files. The problem may be temporary. If the problem persists use disk utility to repair your backup disk"

Solution 1:

Use SuperDuper or Carbon Copy Cloner to create a bootable image to an external or internal disk. SuperDuper can also be used for free.

Solution 2:

In addition to using SuperDuper or Carbon Copy Cloner to create a bootable image to an external or internal disk, you could also Disk Utility in OS X to either create an image or clone the mounted virtual hard drive to a disk. If creating an image with Disk Utility you'd need to use the Scan Image for Restore... command from the Image menu in Disk Utility before restoring the image.

Obviously regardless of what App or method you choose it will be a multi-step process if the source resides on the target disk.

If you have any worries about the virtual disk install running on physical Apple-branded hardware then cloning the virtual card drive to an external USB drive will allow you to boot the Apple-branded hardware from the clone to see that all will be well before overwriting the internal drive with the contents of the virtual hard disk.

It should work okay as I've done it in the past with VMware Fusion OS X virtual hard disks and Disk Utility images between different Macs of different hardware builds without issues.