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| Name | MILLIONAIRES EXPLAIN: How To Start A Business From Scratch (w/ Patrick Bet-David) |
| Video Uploader | Video From Mark Tilbury |
| Upload Date | This Video Uploaded At 01-12-2023 20:33:30 |
| Video Discription | JOIN THE $2K CHALLENGE HERE (It's free, but spots are limited): https://2kchallenge.com I sat down with Patrick Bet-David to discuss how to start a business with $0, hope you enjoy! Patrick's channel: @VALUETAINMENT & @PBDPodcast TIMESTAMPS: 00:00 💸 The $2K Challenge 00:41 🏢 Shadow experienced industry leaders for insight, not just success, and learn from their wins and mistakes. 01:53 💼 Negotiating equity after increasing value can lead to ownership or leverage elsewhere if declined. 03:30 🌟 Define your ambition within a role: leadership or support, and excel accordingly. 05:37 💸 Leaving comfort for growth often yields rewards, even if initially uncomfortable. 05:51 🌈 Sequencing matters: passion might not always align with financial success. 11:49 🤝 People skills, conflict resolution, and keeping promises are universal business assets. 14:54 📱 Personal branding on social media is crucial today for credibility and connections. 17:18 🤝 Networking is about value exchange; even small gestures can lead to significant opportunities. 19:23 🎭 Faking it till you make it might work temporarily, but the market tends to expose inauthenticity, especially today. 20:05 🌟 "Future Truth": declaring future successes is fine, but consistent progress is necessary to uphold those claims in the future. 21:16 📉 Making commitments you can't keep in business can severely damage credibility and relationships in a brutal market. 21:30 🚪 Having an exit plan isn't necessary at the start, but evolving goals and visions over time is crucial for sustained motivation. 22:12 🌌 Beyond money, finding a deeper purpose and mission often emerges during the journey of business development. 23:34 ⏳ Immediate financial success isn't the focus at the outset; long-term visions can take decades to achieve. 24:02 🤝 Establishing upfront agreements and responsibilities in partnerships can prevent future conflicts or uncertainties. 25:10 🛠 Having a clear hierarchy or a designated decision-maker in partnerships can streamline operations and avoid deadlock situations. [JGbuKSHBiVY] |
| Category | Education |
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