10 Things To Do Before Becoming An Entrepreneur
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- čas přidán 13. 07. 2024
- 10 Things To Do Before Becoming An Entrepreneur.
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Timestamps:
00:50 #1. Learn to Self Motivate
1:54 #2. Save, Save, Save
2:24 #3. Learn How to Sell
3:36 #4. Work for an Entrepreneur (Shadow them)
4:53 #5. Network, Build Contacts & Relationships
6:12 #6. Work 80 Hours per Week for 12-24 months
7:56 #7. Learn How to Research and Learn Fast
8:39 #8. Build an Audience
9:17 #9. Learn Your Strengths & Different Industries
12:07- #10. Put Yourself in "Death Ground" Situations
Valuetainment Posting Schedule:
Monday- Motivation
Tuesday- How to Video with Patrick Bet-David
Wednesday- Life of an entrepreneur vlog
Thursday- How to Video with Patrick Bet-David
Friday- Case Studies with Biz Doc Tom Ellsworth
Saturday- Kelly Nishimoto, Fashion & Entrepreneurship
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Patrick Bet-David, the creator of this channel has decades of experience, unique perspectives and experience that he wants to give back to the world of entrepreneurs. Why? Patrick Believes that 100 percent of the worlds problems can be solved by entrepreneurs. He is also an active CEO and leads a financial services sales force of over 3,000 agents across the U.S.
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@@danielnasuta146 ...you sound unsure of yourself and need to build some thick skin. Start with the first valuetainment video and work your way up. Its a jungle out there and if you are not in the know, you will be wasting your time. Last thought---GET HUNGRY!!!
@@theearlymorningmoneyman4352 1
What do americans understand about the famous "80 hour workweek"?
In the end of the day we have to eat, rest, stay in shape, have families and so on... Those parts of life will sum up to at least 9h on an average day. Adding time-wasters like driving to work it gets easily to 10 hours a day. To be able to work those 80 hours you would have to spend all your time left of every single day of the week for work.
Depending on the kind of work it seems impossible (just thinking of doing though physics and math -skills like in university, 60 hours was an absolute limit while working efficient). So whats the math and which kind of activities are behind the 80 hour week?
PS: Thanks for your content. You and your team are doing great work!
Yes
Thank you so much for the amazing teaching
3 years ago I watched my first valutetainment video while sitting depressed at my job. Now I own my company and currently fighting hard to make it. But I wont give up even if it kills me. I’ll message back when I make my first million. Thanks for your help Patrick keep the videos coming!
Now this is my situation sitting depressed at my job. Knowing that I am wasting my time, skills and life sitting as an employee.
Mona ALi don’t give up man you got this!
@@TigoPreaches 1. learn how to motivate yourself
I'm in the next part, set back recovery. Restarting to get my cash flow coming in again.
The challenge I have is, finding anyone to talk to when you're not doing a "job". Most people dont understand what it takes and will fill your head with milky weak ass platitudes and give up talk.
After this set back that came on about 8 weeks ago, I can now see a cloudy direction. 2 weeks ago I couldnt even get excited looking at my goals.
Businesses are serving people. So it is great to serve customers!
1. Learn to self-motivate
2. Save your money
3. Learn how to sell
4.Work for an entrepreneur
5.Network, build contacts, relationship
6. Work 80 hours/WK for 12-24 months
7. learn how to research and learn fast
8.Build an Audience
9. Learn your strengths and different industries
10. Make a deadline
Thank You !
I’m 13 years old and I’m thinking early about becoming an entrepreneur and I thought why not learn the basics at a young age.
I'm 15 and I'm launching my first online store in a couple days. GL to both of you. The hardest part is taking your leap into the business
Samuel Hayes I’m 12 I want to start a business to I just don’t now anything not even the basics so I said in stead of watching movies I’m gonna learn on how to start my dream business I hope you become successful and make sure to ever EVER quit also what is your business gonna be about?
@@oceanplays8629 it's a bit confusing but here are the basics. My partners and I want to start a realistate firm but we're too young and don't have a lot of capital. So we are making a temp business that's low capital startup to pay for a higher capital startup(s) so when were 18 or so we can start as brokers then create a firm. I have one of my friends doing blogging and other quick write stuff in addition to eBay flipping to generate some more capital. I am creating affiliate marketing websites to have a more passive cash flow as a backup in case everything fails, meanwhile my other friend is doing teespring as a secondary passive income because there is no start up cost. He is also my researcher for the next business I'm about to talk about. Our more expensive businesses were starting are amazon fba and dropshipping and we're using our gains from the low capital startups to pay for them. Our goal is to make $60,000 by December 25th 2021 then if we meet that goal then our real business can begin
@@oceanplays8629 also a CZcamsr you should watch is Graham Stephan but I find watching valuetainment better for me when I started planning 2-3 years ago
Wow you got almost everything planned out thank you for the tips and I’m going to go watch him thank you!
“Everyone can tell you the risk. An entrepreneur can see the reward.” - Robert Kiyosaki
Exactement 🇲🇫
I'm 19 and I'm definitely taking this challenge. I already started my own business a few days ago. You've helped me a lot. Thank you Pat!
Vale Rodriguez what business are you doing now? I run an e-commerce business in Vietnam. I'm 20 btw
Dang Vale that’s very impressive!
I hope a year later your business has taken off!
How is your business going?
What kind of buissness
Excellent cryptonaire course here is a complete beginner guide. I now have a core understanding of how to start trading forex. Learn what forex is, what we trade & how to make money trading forex. Thanks for sharing this insightful tips
Trading is like a real time business if you want to win it, you need to be prepare for it. Markets are unpredictable, and you can't predict everything
I agree with your sentiments💯
I’m yet to see the backtested results in my trading account, so I’m also working on being more aggressive in adding to winners
@Mustiy Fresh Sounds interesting. 🤔Been trying to learn this forex trading
How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading
Pat the type of guy to sell memberships to people who already own memberships at the gym hahhaah
abbas syed Good salesman
Tony Ferguson is the type of guy to sell insurance to Patrick Bay David.
If you have a job and are preparing to be an entrepreneur, we want to hear from you. What are some steps you're taking before becoming an entrepreneur? - VT Team
Valuetainment I work a fulltime job my wife is a stay at home mom, together we split up the responsibilities of our business. I handle customer relations, and field operations. She controls scheduling, and billing.
In my opinion first thing you need to do your market research if whatever service or product you would like to offer is going to be attractive. Then you need to assemble a team of passionate people. And ofcourse one needs to save some money.
Valuetainment the "WHY" has to be stronger than money.
Hey Pat, my man! I bet you probably don't have any idea about how much you have helped to raise my standards and go for what I have always wanted to do. Needless to say how much you and your team work to make all this happen. Salute ya'll. Remember this name, Ayush for we will be doing some lovely business deals pretty soon.
Valuetainment , hey Pat, one of the first things I want to do as a high school student is to invest in stock. I plan on buying Bitcoin stock when it's low and waiting a few months to sell it. I've also started looking into bonds and such. Thank you for your channel.
When aspiring to be an entrepreneur, you should acknowledge how much of a commitment that will be. Preparing appropriately can help minimize (not eliminate) stress and struggle later on.
No kidding. Building my business I havent had time off in about nine months. It's paying off, but getting up at 6 and going to bed at 11 takes a toll if you don't have a mindset for it. Just need to scale to the point were we can get employees and take some of the load off.
Which business...? sir How to start Business
I work 60-70 hours a week in the oilfield at night, so I can run my business during the day, and I'll finish your video later because I need to run Facebook ads before beds
What is your business?
Respect
What side business do you do? Keep going
@@DanielGarcia-ky7cp real estate
dog gone RESPECT.
10 things before business must learn
1●●● learn to self motivate●●●fire yourself up
2save money
3■■learn how to sell■■■■(ask leading questions)
4work for 1 closely that works hard
5build contacts(meet online)
●●●●●●●●●●●
6work 80+hours a week for a year(do this and gain most experience/money possible)●●●●●●●●●●●●●●●●●●●●●●●●●●
7research and learn market
8build an adiiance(for relationships)
9learn strengthns and weaknesses(join industry that supports strengthns)
10 learn death ground situations (how hard/smart/long youre gonna work)take risk
if u play it safe ur gonna lose
Good job
And obviously to unlearn, why inspite of almost having all major skills required, all can not become Bill Gates......
Love the content and your engagement in social media, keep it going pat!
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result hard work and hustle over time. I pray that anyone who reads this will be successful in life
You are right Sir
Most people don't invest due to ignorance
Talking about been successful
I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin
She helped me recovered all I've lost trading by myself
This is the video that i was hoping to see!!! Must see for every aspiring entrepreneur!
Being an entrepreneur is the hardest thing I have ever done! Also the the one that made me the happiest!
Thank you, Pat. Thanks for your wisdom you are putting up here. I'm learning a lot before I've even started! Your videos make me even more hungry and fired up. I'm so glad I found all this!
Love your videos, Patrick! Valuable knowledge, indeed.
I’m starting a second business that is very different from current one. I love the excitement of creating something new. Thx for the vids!
Which business??
Honestly speaking, I have been watching your videos for a while and trying to learn everything your talking about. I have watched at least a good 30 shows but however, after seeing this video, you just made me a quick reality check. I'm not many things you've mentioned I should be as an entrepreneur but i cant see life being anything for me but being one. All I want to say is thanks for your videos man. I can see your doing a great job out there
I've been in entrepreneurship for the last year. Getting more into sales in the past several months has been one of the most important steps for me. So thank you so much for sharing!
A must watch for the current employees out there trying to become an entrepreneur. Thanks for sharing this valuable content Patrick. Also congrats on your company! PHP is killing it!
I can't stress #6 enough! Business never sleeps, and even when you think you're almost done for the day something will always pop up. Especially now since I've been daily vlogging my work days have only gotten longer, but I know in the long run it'll be worth it
Im just starting out on my Entrepreneur journey, i think your videos are the most authentic videos i have watched to date! very entertaining and informative at the same time. Thank you
Best video to redirect people when they ask for advice. Thank you Pat and your team for all you have build.
I did exact what you recommend in the video 15 years ago! It gave me the confidence that I was looking for, and move on to become an entrepreneur! I keep telling my friends to work for others as if your own company! ...no one takes my advice! Human nature 😔
+George Yao solid advice
I'm getting the feeling that Pat doesn't know he's involved with the mob now... you can't just quit making videos one day.. Your here to stay there's no way out pat!
Dee Thomas what's mob?
ladykeke mafia. (Us his viewer fanbase)
Haha
Omerta!!!!!!
The value in this video is absolutely amazing! Thank you Pat!
Hi Patrick, thank you for being such an amazing leader. You are humble and willing to help others succeed. May your success multiply ten fold every month. God bless
I have to disagree a little bit with one of your points, Patrick. It's not about the amount of hours that you spend working. It's about working smart and being effective. You must be way smarter and way more effective than others. Spend less time working and more time thinking and planning so your work time is more effective.
Quality over quantity?
Kamil Gregůrek Or both!
I have known too many people that have worked hard spending endless hours on what they believed was right and necessary but man, it's about getting stuff done, not about spending time doing them. So yes, quality over quantity definitely!
I have to agree with him 100%. As an entrepreneur not only are you working 80hrs but 24/7. The time you think you made it, then that's when you value goes down! It is all about moving to the next hit & succeeding on every aspect.
Kamil Gregůrek how does one become smarter..it's still through the amount of time you dedicate..so Pat is right.
If you think you can't endure the risks and challenges that come with entrepreneurship, then it's not for you. Awesome video! 👍
I absolutely love your content! thank you for all the great value you give!
thank you for sharing that!!! I appreciate you!
Once I start selling some jewelry I’m gonna follow everything you’ve said because I’m trying to have a better financial life and going to stop struggling for my family
Krissy Mayes hows it going With Selling 💎💎?
i wanna show this opportunity i been working with making extra money on the side Residually and wanted to setup a zoom call my mentor who's making 10k a month will explain everything
Start now don’t wait
Could you talk about how to realize, when you are really getting contacts against only having fun! (based on your own experiences), btw nice content, greetings from Mexico
Finally! Was waiting for this.
I am currently working a full time job, but preparing to retire in just over a year. I am going to start my own business. Currently doing a lot of research on the field I’m going into. Learning about others who are already doing what I want. Also learning from this and other channels on entrepreneurship. Your channel is the best I have seen.
You're on a whole different level!
Hello Patrick. Excellent video; Clear, concise and surprisingly entertaining.
You mentioned about working under an entrepreneur. Could you please elaborate a little more about this point? What specifics do I have to pay extra attention to when working with one?
I am currently a software engineer who have just joined a startup with only 6 full time employees. If you can give me any form of advice, it would be extremely helpful.
Thank you very much!
Marcus
I like your style man, you take timidness and come at with confidence and it just looks down and walks away! AND THAT's a big factor in becoming successful
Thank you for taking time and do this video.I really appreciate it.
I am 17years and i am the 10% who accept the challange 💪🏼Patrick you are the best mentor for Entrepeneurs in the World 💪🏼thank you for all your Videos😉
I am from Suisse 🇨🇭
I do it know !
KICKINwithCASSIE
I am also an beginner entrepeneur 💪🏼
Do you have Insta or Snap i will contact you and write you to ask for some advices💪🏼😁sorry my english is not so good i am learning
@@erjonahmeti4583 aye i cant help but ask how are you doing as a entrepreneur?
Hajde pisano
I agree with most but number 6. Work smarter not harder.
If someone works work 80 hours a week at a job they don’t like, they will never want to stay their own business. I work 10.5 hours a day now from 8 and it’s a job I am not challenged enough at. Doing 80 hours there which I can’t unless you are on salary would not make any sense. I think you want to enforce or see if someone has the right work ethic. I would put number 6 as find your passion. If you are passionate about something, spending any amount of time doing it is fun and you won’t notice it.
TheBlackdragon936 thank you ! I hate my job so much I hate to go in but when I’m working on my passion hours go by so fast and idc I’m happy working in my passion !
Thanks for this video, it has definitely help me make the decision if this something I want to pursuit.
wow, this is great stuff. I want a mentor like you Pat. Glad I found this video
“Who knows who, who knows who?”
“Research about the business”
I like the example you brought up about the gym.
The book the showed me the ropes of selling is a book called “The art of the sale”
Vernon Appoo that’s great but have you read: the psychology of selling by Brian Tracy?
playing this on loop now, lol. need to make sure this gets through to my stubborn head. thanks Pat!
Patrick, I think that your videos have changed my life, at least my mind is getting better and right now, I'm a little obsessed with a business plan. I hope I will succeed with my company, and if I don't,i know that I tried, and anyway, I wanna thank you from the bottom of my heart for the lessons that you make, you're a real life changer. I wish you all the good in the world.
can you make a video about "selling" specifically, since you are always stress the importance of it? absolute relevant content btw!
Hey Pat! I would disagree only with one point, about 80-hours of working a week. I think, it's an individual thing, how many hours you should work. The point is you need to find your own balance between being productive and work hard. I mean, they are two different things. I can work as much as possible but you'll begin to being unproductive, because you'r just tired so much. You need to know how to relax. YOu need to know how much time you need for relaxing and how much time you need for working. You can work 80 hours a week but maybe it would be fore efficient if you work 60 hours a week and 5 hours a week you spend for sport and 15 hours you spend for being on nature, for example.
Good luck everyone with getting all what you desire!
Thank you Patrick
Thank you Pat. Much needed
Great video! It's also important to take care of health, otherwise you can't do buisiness. Some people try to stay up too many nights or don't eat well and it eventually catches up to them. So take care of health because it iactually matters to success in the long run. They've done studies on students doing well in school and found that getting sleep and excersize is highly correlated to success in school....I think it's fair to assume the same goes for success in any other type of work in the long run.
why on earth would people dislike videos like this..... do they have a different motive in life.... do they live to be poor🤔🤔
🤣🤣😂
They are broke as we speak!!😂😂🤣🤣😂😂😂🤣🤣🤣🤣🤣🤣😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣🤣
Love your videos Patrick! Keep em coming!!
Dude when you looked straight at us , and spoke about deadlines . I knew you mastered the art of persuading and sales. It’s like the video slowed down and I could feed on your fire!! You’re the man !
I must say david i love your passion and fire. Very inspiring. Im 27 years old and im taking steps to try and start my own plumbing and drain cleaning business. I started at 17 working for my dads company but left 2 years ago because its hard working for family and i wanted to make a name for myself on my own
Update?
What's the word????
Thank you for the great advice! I've started my own CZcams channel to keep myself motivated and make measurable progress towards my goals!!! 👍
Hey Mwaka, how are you? My name is Ariel downer. You and I don’t know each other but your profile came across my friends following. The reason why I am reaching out to you is because several positions has opened up in our firm. I was wondering do you keep your business options open?
Thanks for the video. Didn't know sales was so important. Have to learn
I love this info , I will definitely be applying this to my life right away!!!! Excited 😆
Relationship is my weakest point. I don't like people and don't wanna work for them.
Hey Patrick, good staff as always. There is some things that i definitely got to work on, but your videos are a great way to learn real skills an improve what we already got. Do you guys have some businesses, partnerships or business interests in Africa - Angola?
Justino Fandula If you're located in the US you have the opportunity to learn from Patrik in person! Would you be interested?
Thank you so much for the valuable knowledge that you always give to people! You're not only inspire us but also hyping us up and giving us courage to succeed in reality
Great material. This video has a lot of value! All of your videos do.
Addicted to this content... NOTIFICATION SQUAD WHERE ARE YOU?
Fuck Off
this video is great Patrick. I will try working more hours a week to become more disciplined
Good job!
Thank I just started watching but am full of joy❤❤❤❤
Another Powerful video .. God Bless you man!
Love you and gary you provide so much info for free
This is your best video I watched
What was your biggest takeaway. N
@@VALUETAINMENT My biggest take away is to #1. is to Be self motivated
Love this
Pat im a truckload broker. I work with Steve and Alfred from All State Association. They were in one of your VLOG's. I have been using all your tips, tools, and tricks. Its working wonders, i am making a lot more money, saving a lot more money, waiting to get to a large sum so i can start buying my own actual trucks.
Thank You Pat!
Hey guys, if you're interested in following a young entrepreneurs journey to running a company, you will love my vlogs!
I'll check you out
Nice subbed
Self motivation ✅ time to start saving
The world needs more open-hearted people like you.
Thank you 🙂 I guess this is what I was looking for. Perfect, thank you.
Patrick , please make more teen centric content as well
Actually most of the advice is perfectly tailored to teenagers as well
Doesn't matter how old you are entrepreneur is an entrepreneur, part of the job is solving your own problems
I found this channel when i wanted to know what i need to know becoming and entrepreneur. I turn 19 in february and look forward opening a restaurant at the age of 20, and after that look to scale to become a chain.
You're only a teen for 7-8 years. After that, you're an adult... but only the title changes.
5k from 1,000,000 subs!
After watching this, I know I'm on the right track but I need to save a lot more than I have. I have 2 months left to be fully prepared before my last work day at my job.
After December 31st it's full time into being my own boss and diving into a whole world I only dreamed of reaching when I was in 6th grade. It's been over 2 decades since that first dream sparked.
Don't let your own spark die guys! You WILL do it if you go all the way. Trust in yourself
Don't distress your soul pushing for an image of what you think is your dream. Look inside, realize your soul. That gallant flame that pulls you to your truest dream. Bless you all.
Great video full of real key things. Thank you for this inspiring confirmation video.
Thanks Patrick for the upload.
You need to put a t- shirt written on it BOOM! with an edgy design and Tom will another t-shirt with an another edgy text DAMN!
Pun intended
Mohamed Alremeithi My life would have been so much better if I hadn’t seen this
I just quit my job and jump in headfirst as an entrepreneur! Learning to fly on the way down! its been 6mths now...
TheDefkon1 how's that going for you?
Entrepreneurship is a roller coaster ride bruh! Some days you make the sales and some days your so broke and worried. its been a struggle, but its all good. When the days are bad, i just come back to valuetainment for some good advice. Everytime i watches his videos, its like reality slaps me in the face.
@Dr Manhattan and Silver Surfer: The Matter Bosses the life insurance business.
I haven't had a job for 6 months now.. full time photography, and film.. same story.. but its really progressing
Did you save first?
This is a favorite video! Keep the good work!!
You know the other day was saying I'm going to try my best in becoming Entrepreneur, but after this video, I don't try anymore... I just do!!! Thanks brother. I'm on my way to the top.
does reading books, studying and learning is included in the 80 hr work week or is it pure work on the business
Mario J. Pav I wonder also
It includes evrything that enhances ur skill
In my opinion, unless you love your current job or plan to remain in that industry, you shouldn't work more than you need to. Dedicate your extra time to your own business. I think he was trying to convey that without the ability to work more than standard hours, you won't succeed in starting a profitable business.
hey pat thanks for another amazing video! I just need some advice regarding this topic. I'm an employee and since last month as I'm watching your videos and other motivational sites, my urge on becoming an entrepreneur is growing fast and my work is somehow stressful and i dont feel that working 12hrs straight for a company is worth it rather than working on myself and my goals for that much time. But I'm a little confused if I got the strength that I need to start my own journey as an entrepreneur so I'm literally considering taking a new job. I'm thinking maybe I'm just stressed or exhausted in my working environment. So I'm torn between going all in building a business or having a new job. Could you enlighten me in this? That would really help me out. And one more question, is the fear of getting rejected in a job could give a positive effect on just building your own business? Thanks a lot! Godbless.
+RJ VE you won't really know until you try it. I understand the fear but I can't stand regret. You'll have to make the choice and see if you got he goodies to make it as an entrepreneur.
RJ VE Id recommend starting your own business but it's up to you
+Valuetainment thank you so much VT! pls keep on putting valuable contents. God bless 👍💪
+Hello Hello yeah as vt said you never know until you try. Thank you! God bless! 👍
Thank you so much
I think of a question or doubts and boom u give the exact answer solution Really satisfying
Hey pat. I heard that saving wasn't that great because according to another entrepreneur that saving won't make any money. That saving is an old way of thinking. Thank you so much, can't wait for your book
No its not. He talks about saving money to START your business in the first place. Every business requires at least some sort of capital. Save your earnings as an employee to invest them in your business.
I have always saved a lot of money in order to buy something bigger from time to time or pay for bigger investments in my business. Ultimately you won't get into debt. What you must not do is sitting on the cash. You do need to have a pillow but just accumulating cash won't make you richer. So my advice would be save and invest.
True! Investing in business is always better than in things like stocks etc. when you are starting out because thats where the real leverage is.
Learning is my first step. Thank you for all your motivational videos from your expertise. Keep up teaching the world.
This channel is so beast. You're an inspiration man
hey Pat.. m 18 years old ..and I really wannaa start working.. but my parents are too conservative to let me do that
my parents too,, but I have started a website and earning good money, now my parents allowed me to do business, without using their money,,
Dhruv Tiwari website link?
Sorry I can't tell you as it will reveal my Niche and the competition will increase,
Pranjali Singh Your an adult now not a child idk man but your parents can't control you at that age. Go into work if that's what you want.
Daniel Sima yeah...but u know Indian society isn't too soft for...girls
Notification Squad!!
Thank you!! I’m just starting and don’t know exactly where I will land, but I’m taking the challenge. Thank you for this video.
Loved this video! Thanks for the uplifting content!!
What if your boss doesn't allow you (or the government rules forbit you) to work 80 hours a week.
ps: I'm from Surinamev
Aiapra With work harder on yourself than you do on your job
Don't work the 80 hours at your job. You would treat your research and work toward starting your business as a second job.
I'm 17 years old and I had already used to work 80+ even 100 hours a week.
Great tips I have been my own boss for ten years now and you have to be OPEN to learn great channel to subscribe! thanks for the resources
I love you so much for giving us all this information!