I am currently working through my course text and one of the examples for a unital, commutative Banach algebra is the space of continuous functions $C([a,b])$. Further, in the text, there is a theorem stating:
$\sigma(a) \neq 0$ $\forall a \in \mathcal{A}$, for $\mathcal{A}$ being a unital algebra.
This theorem is also closely related to the Gelfand Mazur Theorem.
Trying a few examples I came across the linear function $f(x) = x$, which is obviously in $C([0,1])$, and for which $\lambda id - f$ seems to be invertable for all $\lambda \in \mathbb{C}$. Thus f must have the resolvent $\rho(f) = \mathbb{C}$ and therefore $\sigma(f) = \mathbb{C} \setminus \mathbb{C} = \emptyset$ contradicting the theorem stated before. Does anyone see my mistake?
The reason for my misunderstanding was supposing that we look for the inverse regarding the composition of functions when it was rather the multiplicative inverse we were looking for.