Hiring Your First Employee as an Entrepreneur

  Рет қаралды 221,122

Valuetainment

Valuetainment

7 жыл бұрын

For detailed notes for this video, visit www.patrickbetdavid.com/hiring...
You're an entrepreneur. You just started a business, and you're asking the question everybody struggles with. "Who do I hire first as my first employee?" Do I hire somebody in sales, marketing, operations, accounting, finance, product development, legal? Who do I hire first? Answering that question when hiring your first employee is a very simple answer that I get into in this video.
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Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics.

Пікірлер: 323
@VALUETAINMENT
@VALUETAINMENT 4 жыл бұрын
Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid
@ivansandoval946
@ivansandoval946 3 жыл бұрын
Hi Patrick! Would you give me some advice? I've noticed some of my greatest weaknesses are related to coding. How do i get my first software dev to build the inner structure of an app without having him stealing/replicating the main idea? Thanks in advance man. This young enthusiastic boy sends his greetings from Argentina.
@pocketman5510
@pocketman5510 7 жыл бұрын
Steve Jobs couldn't actually code. He was good at electronics but not as good as he was at Sales, Marketing, branding and design. However Wozniak was the opposite; an INSANE engineer in electronics and coding however was super introverted and wanted to give the Apple 1 away for free (and did at first). The two complemented each other perfectly. Great video Pat
@matthewk1878
@matthewk1878 Жыл бұрын
This is true; listening to Jobs' biography right now!
@Cyrus0w
@Cyrus0w 10 ай бұрын
@pocketman5510 Wow! This is a perfect example of hiring your opposite strength thank you
@andreimitrica77
@andreimitrica77 Ай бұрын
Extreme capitalism wins again …
@100ralfus
@100ralfus 7 жыл бұрын
I dont want to be a millionaire..I have to be!
@BHappyLoveLead
@BHappyLoveLead 7 жыл бұрын
Rafi yes ! ! !
@chavycash2518
@chavycash2518 7 жыл бұрын
"We're all going to fucking make it brah" - Zyzz
@teeneditor3743
@teeneditor3743 7 жыл бұрын
I dont want to be a -->B
@Kiwinnit
@Kiwinnit 7 жыл бұрын
you WILL be!
@DoubleBurgerCheese
@DoubleBurgerCheese 7 жыл бұрын
Let's thinking even bigger - a trillionaire.
@rogeliogamez5377
@rogeliogamez5377 3 жыл бұрын
Not a lot of people watch this 4 years later I’m sure but what id like to say is we are truly blessed and lucky to have this man. We have seen him apply his own discoveries that he has taught us over years and the proof is literally all there. He has duplicated his buisiness over and over again. One of my biggest role models❗️
@LifeMasterz
@LifeMasterz 7 жыл бұрын
Dam, I swear that these videos come out exactly when I need. I am literally in the process of picking my first partner/employee and i've been debating. The part about picking someone who is like you is so right. I realize I was not moving forward because It was "fun" to think about someone with my same skills along side but at the end of the day, I need to focus on fixing the weaknesses. TY!
@crevthabeing
@crevthabeing 7 жыл бұрын
Life Masterz same here man, I knew off the rip I couldn't choose friends. Wish you the best in your journey.
@polaadillaaa3219
@polaadillaaa3219 7 жыл бұрын
Life Masterz buddy remember if you want to grow yourself and your business Then its all about good leads sales and marketing thats bussiness
@RomanLeBg
@RomanLeBg 4 жыл бұрын
Hi, has your company worked out ? Just for curiosity
@pakalzhub9654
@pakalzhub9654 3 жыл бұрын
I am so in your position right now. a rising businessman hiring a friend and a perfect equal. didint seem to work out in the long run. 2020 sucks
@DaveTalksBusiness
@DaveTalksBusiness 3 жыл бұрын
This is awesome! One piece of advice I would add is the incredible importance of having having written copy for your processes. To new business owners, your company is what you write. When it comes time to onboard staff you will have the tasks you want to delegate on hand, in writing and ready to go for your job description!
@drokraebube2983
@drokraebube2983 10 ай бұрын
Makes more sense.
@buckledealer
@buckledealer 7 жыл бұрын
Forget theories! I'm learning from Valuetainment!!!
@NuCents44
@NuCents44 4 жыл бұрын
Eli Allen I agree lol
@alyoshenkasalari
@alyoshenkasalari 6 жыл бұрын
Mr. David, seems like you have perfectly felt every one of those situations. You clearly understand each and every category of your audience and you know exactly what to teach them in every episode. I appreciate your time, effort and consistency to continuously educate humanity with the most valuable information. God bless.
@robin7891
@robin7891 7 жыл бұрын
There's something about this channel that I can't explain, even though about 65% of the time the message conveyed is that which am already acquainted with, there is just something, some passion, I can't explain it....All I know is that it keeps bringing me back and everyday am always learning and taking notes. Keep it up because one day, you and I are gonna meet at a whole new different level. And by the way am following from Kenya.
@raunakshetty5924
@raunakshetty5924 5 жыл бұрын
I needed this so much... I just got 2weeks to hire ppl on board before I sail.. and you popped up at right time... bless you, guys... big fan..all time
@LacROI
@LacROI 6 жыл бұрын
Appreciate the advice Patrick, it is incredible that this is available free of charge. My favorite part was when you were talking about hiring someone that has your opposing strength. I never thought about it that way! Thank you!
@infinite3397
@infinite3397 6 жыл бұрын
The last line sums it all up. It's great to have people like us around but that's better suited for a friendship and not business. Major self-reflection is coming from this video but much needed information that I will be implementing. Keep the value coming!
@armanebadi6176
@armanebadi6176 3 жыл бұрын
The hell!! Was the best piece of advice I’ve ever heard!! Seems obvious but once you realize how many times you made the mistake of partnering with the wrong person you’ll find this advice extremely powerful!! Way to go Patrick. Thanks ✌️
@saadbasim5112
@saadbasim5112 7 жыл бұрын
Hey Patrick , Great video as usual ! I'm starting a business and a partnership !! Your videos are the ONLY videos that makes sense to me !! I recommend your videos and book to my friends and family !! I actually started sending your videos to the people that I'm going into a partnership just to see if we share same values and business goals!! Thanks man and I appreciate every second of your videos!!
@taylorleavelle9616
@taylorleavelle9616 Жыл бұрын
that analogy right before the 3 minute mark is priceless game for me
@crevthabeing
@crevthabeing 7 жыл бұрын
The ending had me rolling on the floor, awesome video! I'm Sales & Product Development. My weakness is Marketing, Accounting, and Admin. S/o to everyone in the comments hope to see you at the Top!
@40EntrepreneurDrive
@40EntrepreneurDrive 3 жыл бұрын
I came back to watch this one a 2nd time. I think my opposing strength/partner is sales. Thanks for pointing me in the right direction for how to start building my team.
@siddharthsethi4979
@siddharthsethi4979 7 жыл бұрын
This was much needed ... Thanks Pat I take you as my mentor This channel is the best thing on KZbin for me... You're doing a great job Thanks Sir
@susanedmonson1208
@susanedmonson1208 4 жыл бұрын
I subscribed a week ago, and on this video you are challenging me to test you vs. college. KK, you're on. Am enjoying the videos very much, extremely detailed and helpful. I am single owner of a mobile pet grooming, servicing affluent and summer residents since 1993. I have every check list, EXCEPT hiring employees the big step. Now heading in that direction. Will keep you posted.
@davidkiker3786
@davidkiker3786 3 жыл бұрын
I’ve been asking this question for 5 months, just answered this question for me. Thank you!
@ricozyung6329
@ricozyung6329 6 жыл бұрын
I agree with what you said at the end. Learn from people who have already made it and went through all the mistakes.
@curlytop07jd
@curlytop07jd 6 жыл бұрын
Great!! Im a sales and marketing person. I absolutely agree... my first hires need to be accounting and payroll admin. Thanks soo much for adding clarification.
@Studiofaeltube
@Studiofaeltube 6 жыл бұрын
Your videos have helped me react in our family business. You're a good man! Thank you!
@gonzalocor1530
@gonzalocor1530 6 жыл бұрын
i quit my uni and been following Valuetainment since then!
@lupegavaldon7191
@lupegavaldon7191 Жыл бұрын
Thx. for the insight. You are one of the few who actually answers their own subject question very well. Now it's time for me to git er dun!
@braziltokyoschool
@braziltokyoschool 8 ай бұрын
I agreed 100% I felt it over years on my business, finally I understood I am the administration guy and I needed sales driven people. Sales department is the most important. I think first we evolve then we administrate the new chaos from growth, not the inverse.
@lindseywarren209
@lindseywarren209 7 жыл бұрын
Thank you for making this video!! I needed to see this! 😍😍😍 Your channel is my absolute favourite, I have learned so much from you and watching your content ❤
@monicao7344
@monicao7344 7 жыл бұрын
Came in at the right time. I think I paused a qn a few days ago. Thank you. Ty
@hanryfloreschan
@hanryfloreschan 7 жыл бұрын
Thank you Lord I took engineering. Because now I'm learning business thru valuetainment and did not waste money on business schools lol!
@Saviiq
@Saviiq 7 жыл бұрын
Hanry Chan can u code apps??
@DoubleBurgerCheese
@DoubleBurgerCheese 7 жыл бұрын
Hanry Chan in some ways I can understand what your thinking, business schools tends to be like that - schools of Medical, Architecture, Engineering, Law etc. tend to be better. As Patrick said in the video - 'Should you drop out of college' something like that, I'm not entirely sure. 'Those schools require more detail'.
@TasX
@TasX 6 жыл бұрын
Wait, I thought most business schools were mainly post grad like Wharton. Like there’s a undergrad program, but they expect you to already have a business to do business school. Plus, it helps you build really strong connections.
@HamedAdefuwa
@HamedAdefuwa 5 жыл бұрын
I agree 100%, I need an Admin ASAP. Thanks Pat.
@NachoTV
@NachoTV 7 жыл бұрын
Love this channel. Straight to the point without all the fluff.
@andrepedzik2047
@andrepedzik2047 6 ай бұрын
You put it in every day words I can understand thank you.
@sirpetrov3945
@sirpetrov3945 7 жыл бұрын
Pat, you are amazing ! One of my favorite and most inspiring entrepreneurs of all time ! :)
@mr.randallinc.8591
@mr.randallinc.8591 5 жыл бұрын
Wow big stuff brotha. It’s spot on... last two months I drew back and went solo, just partnering w financial guys to keep expanding 👌🏽🌊🏄🏽‍♂️
@GetHelpTax
@GetHelpTax 3 жыл бұрын
We help small business owners all across the country with accounting, payroll and taxes. We’ve found that the businesses that grow are the ones where the owner delegates tasks to others and spends his or her time focused on selling.
@dewadebadon
@dewadebadon 6 жыл бұрын
Really need this, Thank you Valuetainment!
@bostonbyerly6480
@bostonbyerly6480 7 жыл бұрын
Agree that you need to build on your weaknesses!
@entrepreneurstartupnow-off1821
@entrepreneurstartupnow-off1821 7 жыл бұрын
Pat delivers like no one else!
@jasonbean7296
@jasonbean7296 7 жыл бұрын
with my tree care service, I thought I needed help in the field, both for safety and productivity. I went through a lot of helpers and my productivity remained flat. once I hired an admin assistant, my productivity soared, even without a helper in the field.
@Healitall
@Healitall 6 жыл бұрын
Great stuff. I coach entrepreneurs making better decisions and executing better strategies. Great advice.
@luisabelmejiamarquez876
@luisabelmejiamarquez876 2 жыл бұрын
Indeed, a good example of "opposing strength" relationship is the case of apple. Steve Jobs didn't have enough knowledge of engineering but he was good at marketing, public relations, and selling. On the flip side, Wozniak was a gifted engineer with a lot of experience in Electronics.
@kundanadhikari2446
@kundanadhikari2446 7 жыл бұрын
finally pat finally.. thank you soo much man.. love you.. this is what i was looking and asking for soo long .. thanks my man...
@Mark-zk7mv
@Mark-zk7mv 6 жыл бұрын
I just stumbled across your videos and they are very informative. Thank you for taking the time. My wife and I own a small hood cleaning company in Sacramento California, we're doing very well but we are working very hard. We need to hire two people to replace us so we can bring on more work and go to the next level.
@cakesart4168
@cakesart4168 7 жыл бұрын
Thank you so so so so much this was a hurdle thank you for clearing that up..
@prabudoraisamy
@prabudoraisamy 7 жыл бұрын
So impressed with your videos PBD. Thank you
@zakUSDedelman
@zakUSDedelman Жыл бұрын
Thanks bruh. I’m writing a book on the subject. Very insightful pointers
@aimebabi2184
@aimebabi2184 5 жыл бұрын
So much love Patrick. Thank you.
@e_entrepreneur415
@e_entrepreneur415 6 жыл бұрын
Choose opposing and most valued.
@simafatemipour2483
@simafatemipour2483 3 жыл бұрын
Every video of your is a real class. Thanksssss Patrick. 🎯🎯👍👍👍⭐⭐⭐⭐
@TheAmine1997
@TheAmine1997 7 жыл бұрын
The new "You must subscribe outro" obliged me to click the like button :D I'm already subscribed since 3 months.
@ryuli1
@ryuli1 2 жыл бұрын
Subbed amazing energy great prompt content thank you
@gnarlyDUCK
@gnarlyDUCK 3 жыл бұрын
This video solidifies a lot of thinking I had but wasn't sure due to lack of experience.
@OPSQCINC
@OPSQCINC 2 жыл бұрын
Abolutely. Balancers are key and help you leverage your strengths.
@martinkkyalo10
@martinkkyalo10 4 жыл бұрын
this is the business channel were i get every financial knowledge i need
@Mayasoflya
@Mayasoflya 5 жыл бұрын
love your content!! thank you. and yes I subscribed... you made a good point
@jeromsminddandis7500
@jeromsminddandis7500 4 жыл бұрын
Love 4 u mate... Thanks and thanks and thanks sooooo much...Valuetainment!!!👍👍👍👍👍
@hbergman1237
@hbergman1237 Жыл бұрын
Spot on as usual Patrick 👍
@flowleopard893
@flowleopard893 6 жыл бұрын
Getting my education here thank You fellas
@conqueeftadorjones8234
@conqueeftadorjones8234 7 жыл бұрын
Great Content as always Pat! Keep it up.
@thedev2143
@thedev2143 7 жыл бұрын
I love valuetainment!!
@Cyrus0w
@Cyrus0w 10 ай бұрын
Awesome pat thanks for your valuable info!
@dctrdrp455
@dctrdrp455 5 жыл бұрын
I ordered those 10books off Amazon.. thanks for your inspiration
@Teamshmo
@Teamshmo 7 жыл бұрын
Another great video. You should do another one about how to calculate how much you can afford to pay for things. I always get confused on how much I can afford to spend vs how much I will get in return.
@bonniegakonyo5094
@bonniegakonyo5094 3 жыл бұрын
We just hired for a very early stage start up, and it was a simple choice for us. We simply asked, whose contribution will help our business the most? And this means a very different person for different Startups.
@miguelsmith9589
@miguelsmith9589 6 ай бұрын
Valuetainment all the way PBD👍🏾👍🏾
@tairam9383
@tairam9383 3 жыл бұрын
Thanks! Appreciate your efforts.
@xxmamaxxable
@xxmamaxxable 6 жыл бұрын
Superrr useful! Thank you Pat!!!
@BlogginBrandi
@BlogginBrandi 6 жыл бұрын
Great video starting to binge this channel :)
@40EntrepreneurDrive
@40EntrepreneurDrive 3 жыл бұрын
I came here after watching the building a Dream Team video. I think this is a good start for me. I apologize for such _basic_ questions, but I don't yet know what I don't yet know. I have a good idea of my desired end result, I just don't know the pieces to put together to make it happen
@dhanyajr1728
@dhanyajr1728 7 жыл бұрын
Thank you so much for adding value..
@joelow63
@joelow63 7 жыл бұрын
hire opposing strength hire ehat u need logically nothing happens without sales hire your opposing strengths dont hire friends
@clintwestwood4545
@clintwestwood4545 7 жыл бұрын
Hey Patrick! I gathered some cool video ideas you might enjoy making on Valuetainment: How To Keep Your Word How To Inspire / Motivate Others (Ex. Steve Jobs' Reality Distortion Field) How To Conform To Any Social "Type" (Introvert, Extrovert, etc.) How To Toughen Up Emotionally and Mentally How To Get The First Few Followers (Not social media, just in general) Best Decisions You Made As An Entrepreneur What You Should and Shouldn't Retain From High School
@DavideRuggiero-gt9ub
@DavideRuggiero-gt9ub 2 ай бұрын
Excellent advice!
@akilbozbas
@akilbozbas 5 жыл бұрын
I wonder how he explains this sentence he makes so many times to his employees. "If you run out of money, you shut down the business and go back the having a job."
@40EntrepreneurDrive
@40EntrepreneurDrive 3 жыл бұрын
This Blackboard breakdown is perfect! I didn't even know these people in the bubbles where what I needed.🤦🏾‍♀️ Like I said in my other comment, you don't know what you don't know.🤷🏽‍♀️
@ajinkya-more
@ajinkya-more 4 жыл бұрын
Thank you so much for this information! 💯
@gumerzambrano
@gumerzambrano 7 жыл бұрын
man pay your information is so helpful!
@arashghanbari5907
@arashghanbari5907 7 жыл бұрын
wow amazing!! great info. just needed this.
@SuperiorShine
@SuperiorShine 7 жыл бұрын
I watch so many of your videos I hear your voice in my dreams at night. LOL
@noaman456
@noaman456 7 жыл бұрын
Hi Pat, Thanks a lot for this video.. it was really helpful.. Could you pls make a video on how determine the productivity of your employees.. thanks
@mandeepsharma1564
@mandeepsharma1564 6 жыл бұрын
I was looking for exactly this
@fat2crossfit902
@fat2crossfit902 2 жыл бұрын
I have just got investment to start my own recruitment business. I was just thinking about this. I am good a sales and can win business I definitely need someone to drive candidates and admin. Thanks Pat 👍
@luisabelmejiamarquez876
@luisabelmejiamarquez876 2 жыл бұрын
wow I find this video really interesting. Even I am not running a business , I will probably need this knowledge in future.
@gibransaliba8801
@gibransaliba8801 7 жыл бұрын
I really needed this video Thanks
@revenez
@revenez 5 жыл бұрын
Very good advice, much appreciated, thanks!
@baldeepbirak
@baldeepbirak 7 жыл бұрын
Great advice. I feel like an all rounder but weaker at sales tbh. Sales will be my are of focus when the time is right and increase revenue.
@ferdinandcastro7399
@ferdinandcastro7399 7 жыл бұрын
Thank you Pat!
@BHappyLoveLead
@BHappyLoveLead 7 жыл бұрын
Thank you Pat , God bless you!
@edwardolasode5289
@edwardolasode5289 3 жыл бұрын
Great value video. Thanks
@SiimLand
@SiimLand 7 жыл бұрын
What about hiring family members? One of my goals for the year is to hire my brother.
@VALUETAINMENT
@VALUETAINMENT 7 жыл бұрын
+Siim Land - check this out: www.patrickbetdavid.com/work-family-business/ ~Rebecca (VT support)
@Agmaio
@Agmaio 3 жыл бұрын
You made it big brother
@Gabriel.4190
@Gabriel.4190 3 жыл бұрын
Tough call, because the second he starts showing up late or becomes lazy “you’ll justify it and or allow it” not 💯 % of the time but because he’s your brother any Family member For that matter Ground rules must thoroughly be established & importance scale of the business success tip you either into 1. anger and frustration Causing a divide between said family member Or 2. Submittance You effectively become their employee as they stand around talking a good game but your the only one doing physical work. Don’t believe just wait and see if you don’t polite but firmly establish what needs established. will succumb to the familial hierarchy.
@therealloulove
@therealloulove 3 жыл бұрын
Hire the most qualified your running a business
@haroonkhan5933
@haroonkhan5933 3 жыл бұрын
I’d be careful
@anamericanentrepreneur
@anamericanentrepreneur 4 жыл бұрын
Great info and presentation!
@larrymorgan747
@larrymorgan747 7 жыл бұрын
wow that's a big challenge college or valuetainment btw pat college is not boring it's a experience. cheers my friend...
@mahendrakori5787
@mahendrakori5787 7 жыл бұрын
really helpful information and thanks for subtitles. .
@jesusk7554
@jesusk7554 7 жыл бұрын
great advice! thanks
@naturalallnaturalwhitepist1789
@naturalallnaturalwhitepist1789 7 жыл бұрын
Thank you for your content it's brilliant 🍻
@heatherforrest8732
@heatherforrest8732 7 жыл бұрын
Thank you for that advice. I thought that I should hire someone in MARKETING, first. So SALES, first!
@poohdiddydarezeal3738
@poohdiddydarezeal3738 6 жыл бұрын
great job Pat
@vijaybejaisingh6936
@vijaybejaisingh6936 4 жыл бұрын
Extremely helpful
@vika.k.avictormoyo6718
@vika.k.avictormoyo6718 7 жыл бұрын
Thank you Pat.
@Rahulee7
@Rahulee7 7 жыл бұрын
Just Purely awesome 👏🏻🙏🏻
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