Get the PDF here: valuetainment.com/15-mistakes-i-made-as-a-ceo/
@osse1n5 жыл бұрын
*Sharing decades of experience and wisdom, behind the scenes. Very generous of you Patrick.*
@VALUETAINMENT5 жыл бұрын
❤️👊🏼
@Aresindian5 жыл бұрын
@@VALUETAINMENT thanks for everything
@oskarsmelecis33792 жыл бұрын
@@VALUETAINMENT ~
@andrewbreiter-wu Жыл бұрын
The beauty of this content is its evergreen value that it brings to the marketplace even 4 years later
@Senecamarcus5 жыл бұрын
Gold gold gold, pure gold. I dont have high IQ, wasnt an A student, never thought I will make millions. You Pat, changed my life. Your video where u said dont ask wealthy people how they became rich but rather how they think and process information coz that is what matters!
@AlphasPath5 жыл бұрын
It's not a mistake to make a mistake, but it's a mistake to repeat it, and a severe one to never learn from the first time you made it. As an entrepreneur, you have go to have the right blend of self-confidence and humility- the former to trust your hunches and eureka moments, and the latter to accept when you've gone wrong and learn from it. Great topic, Patrick.
@AlphasPath5 жыл бұрын
Hey Brad, glad you commented this on here. You've pointed out a sad truth- unfortunately ethics often takes a back seat in business decisions, today. The best I'd recommend you to do is continue to believe in your righteous principles and have faith that the Divine shall guide you in turn. Don't ever give up your morals for the sake of business success- any amount of material wealth is trivial in contrast to one's duty to be righteous. However,(correct me if I'm wrong) I sense a slight misconception in your understanding of the Lean Concept. Having a lean approach doesn't necessarily make you more likely to fail. The most popular Lean Methodology, preached by Eric Reiss, is centered on creating an MVP- minimal (the product has enough features to make it solve at least one core problem the consumer may have) viable (consumers are willing to pay you pay you for the service it offers them) product (it is a fully functioning product). The contrary would be a 'Waterfall Approach' often used in more established organizations. The waterfall approach is focused on heavier documentation, testing and often aims to build the 'best' possible product. The reason why the lean methodology is often favored in startups is because startups typically don't have the time or resources to carry out heavier documentation, longer planning, etc. and the fact that building the 'best' product is often an idealistic over-ambitious goal. I'd be glad to perhaps get some more clarity on the nature of your business here. You can always reach out to me on my channel.
@mohammadirshad26345 жыл бұрын
Never Seen an authentic guy who loves to help people like U Patrick and Thank you for being this generous. Love you man. )/
@Mohamed-nu1cb5 жыл бұрын
no school teaches you this kind of stuff..... this channel is Gold
@tarunmakhija225 жыл бұрын
Patrick! I love you man! Never saw anyone address point no. 10. Thank you for saying this. Running a business is hard! "If you're so good at solving problems, you wouldnt be a consultant, you'd be a CEO!" Finally someone said it out loud! Thank you! You Da Man! 😍
@rushabhnehul85315 жыл бұрын
Gr8 finally got the old PDF version , it's the best way to download PDF. Thankyou for listening to your audience. Great work team as always. 🙏❤️🙌
@Siddharth_9_755 жыл бұрын
Hey bro Seen Ur saved playlists It's much similar as mine ... Curiously asking What u r doing currently
@rushabhnehul85315 жыл бұрын
@@Siddharth_9_75 nothing much just working with a startup, trying to learn from people who are going places. Trying to acquire skill and wisdom from people. 🙏
@Siddharth_9_755 жыл бұрын
@@rushabhnehul8531 which skills u r acquiring
@rushabhnehul85315 жыл бұрын
@@Siddharth_9_75 business skill brother it's a startup and in struggling phase, but the founder is well experienced in his domain and knowledge and a name in marketplace. So, I am trying to learn how to sell, negotiate, read people and all that stuff.😅
@Siddharth_9_755 жыл бұрын
@@rushabhnehul8531 👍👍👍👍
@djg46535 жыл бұрын
Pat, I moved on from my job to go into full-time entrepreneurship after 2 years and multiple failures, looking for a great list of books to continue learning. Please do the 10 best business and leadership books you have read. Or even books that have changed the way you live
@tarunmakhija225 жыл бұрын
Thank you for point 15 also. my last boss did that every time. she used to call it "making a Taj Mahal out of cardboard" coz it was always at the 11th hour and 59th minute, and there was no time left to build a proper 'Taj Mahal' right and proper. A valuable lesson i learned from her mistakes. Micromanage early on, and show your team you trust them to get it done without band-aids.
@Rogue-Sentinel5 жыл бұрын
Pat always gives the best info! He's not some Clown unboxing things and then sayig "click the link below" so I can scam you out of more money.........
@CapeFearFamilyLaw5 жыл бұрын
"NO ONE cares more about the money than YOU!" #truth #moneymatters Plateau reached and thanks so much for this video. 10% of decisions feels very scary - and sometimes building leaders is the hardest part of growing a business. Thanks for the video and real life experiences and examples.
@VALUETAINMENT5 жыл бұрын
It absolutely is one of the hardest things to do
@vawaken38605 жыл бұрын
Patrick is such a BOSS. I'm learning a lot from you man.
@aravindtiwari97025 жыл бұрын
Still the best business channel on KZbin.. pls make a video on what to do and how to handle a business which is not making profits...
@ZachWeiss5 жыл бұрын
Thank you so much Patrick. I started my company 4 months ago and I e made most of these mistakes already. Thanks for steering me right!
@siimtuulik63445 жыл бұрын
Not mistakes but important lessons.
@joseckwekesa69985 жыл бұрын
This is absolutely generous PBD, thanks for sharing the 15 mistakes so that most of us could be better........keep up the good work man!
@Upskillre5 жыл бұрын
Always overpromising and overdelivering🔥Big thanks for this❤️
@calugcug215 жыл бұрын
Pat since Im early, hope you can read this. I was wondering if you can make a video about your tips for people in middle management. I'm a 22 year old manager in a PnC insurance company. Maybe you can mesh it with your advocacy for intrapreneurship.
@Siddharth_9_755 жыл бұрын
Pls take more about mistakes u made as well as other makes . As Jack ma said Don't learn from other people success but from people who can't make it...plz..
@sispeepgame5 жыл бұрын
#10 is so true! I like my employees, but I dislike it when they give me advice because they are typically driven by emotion and no logic. A lot of people like to feel "important" and like to be in control so it tends to lead to a disaster. Sometimes you may have a gem of a person offer solid advice, but usually, it's not.
@damien44015 жыл бұрын
Patrick- Can you please do a video on what your latest comp plan looks like and why you decided that?
@VALUETAINMENT5 жыл бұрын
I’ll be talking about it at the VAULT in the CEO session.
@thekartikahuja5 жыл бұрын
Relatable with the second guessing! DId this for past 5 months, glad i came out of it! Thanks Pat
@kimaegaii5 жыл бұрын
This is really great. I would recommend giving one short quick example that happened to you for each if possible.
@justagenosfan5 жыл бұрын
Thanks Pat! I'll take action on these. Appreciated.
@AbhishekKumar-mq1tt5 жыл бұрын
Thank u for this awesome video
@intentionalgreatness5 жыл бұрын
Awesome Pat. Thank you!
@cleanmexcleaningservices59874 жыл бұрын
You always talk to me boss! Because of you now I know how my commercial cleaning business is going to get to 1.5 million in 10 months. -Jay
@sewdel5 жыл бұрын
Loved point no. 10.... thank you
@luisespanola5 жыл бұрын
So helpful. Thank you, PBT!
@tleonz19955 жыл бұрын
PBD straight savage. Much love pat!
@ManojKumar-fe9ie5 жыл бұрын
thank you dear brother PBD.
@CodyHoy5 жыл бұрын
Thanks Patrick!!
@VALUETAINMENT5 жыл бұрын
👊🏼
@fillup9015 жыл бұрын
awesome video! Always providing great content Pat
@sonnybrown47585 жыл бұрын
15:11 hahaha I'm always saying this. We live in such a strange time where EVERYONE thinks they have the answer. Worse yet, they base their career on it. So many "teachers" and "coaches" that haven't done a thing.
@queenbee46375 жыл бұрын
I would love to meet you one day and just listen to you talk. I totally get you brother, 100%!!!
@AaronLeach5 жыл бұрын
great tips and advice as always
@VALUETAINMENT5 жыл бұрын
👊🏼
@flabbywalrus5 жыл бұрын
Awesome video as always PBD!
@maribethcondrillon1079 Жыл бұрын
Thank you so much my friend ❤❤😮😮😊😊
@kmktruthserum93285 жыл бұрын
being a business owners means training others, dont be lazy.. you are the one with the right answers, dont expect others to have the same decision making as you UNTIL you train them to be like you.
@MostCommentsAreFake-ud8by5 жыл бұрын
wrong. The best entrepreneur hire peole better than them.
@omarvazquez97495 жыл бұрын
Thanks pat
@Tom_Sawyer3855 жыл бұрын
Number #10. You can hear Advise from everybody. How much he make has nothing to do with it. A good advise is a good advise. If you smart and Good CEO you have it in you to know a good one. If you are weak you will be afraid to hear what everyone got to say because you don’t have a good understanding in what your business about.
@VadymSkl5 жыл бұрын
Number 10 is pure gold. Finally someone said it. Thanks Pat.
@maribethcondrillon10792 ай бұрын
Thank you so much 💓 my friend that nice
@prajwalgraphy84305 жыл бұрын
This channel inspires me to work hard I will work as hard as possible so that one day I will be a successful enterpreneur I don't know why but I just want to be enterpreneur I don't want to be a CEO I just want to be an enterpreneur
@prajwalgraphy84305 жыл бұрын
@Antonio Giuseppe I don't know why i never had anyone in my family who is an enterpreneur in my school I was lost I didn't know what should I do and then i started learning about different occupation I found other all jobs boring but enterpreneur my heart said this is what I am made for right now I am studying in my high school and just after 1 more year I will be able to study business and put a stop towards my dream
@chriswathome61555 жыл бұрын
Whoever edits your videos Pat should get a raise
@renzoalvau5 жыл бұрын
man, I love this dude.
@alielias30255 жыл бұрын
Thank you ♥
@VALUETAINMENT5 жыл бұрын
❤️
@ihsanpro94065 жыл бұрын
Pratt one important topic you missed, is office POLITICS and Psychopaths.
@purposemind88955 жыл бұрын
Great Advice! Thank you for sharing your mindset 💚💚💚
@sirtata84625 жыл бұрын
Thanks Pat u the best a big shout out from Cameroon west Africa
@matissefitzpatrick5 жыл бұрын
I like what Ray Dalio said, about who to take council from. "Believable people as those who have repeatedly and successfully accomplished the thing in question - who have a strong track record with at least three successes - and have great explanations of their approach when probed"
@felixvelo5 жыл бұрын
Solid advice.
@cornellmuhammad39125 жыл бұрын
Amzing video this help me a lot as a CEO.
@QbicLT5 жыл бұрын
Watched this video 3 times :) and probably will watch more :)
@igotallthetickets65685 жыл бұрын
Can’t wait for that data video
@versastyledio5 жыл бұрын
13:40-15:20 that’s why Valuetainment is best. PBD puts 100’s of « coaches » to shame.
@VALUETAINMENT5 жыл бұрын
👊🏼
@TheKdizzle19715 жыл бұрын
2:11 I'd tear that up at the office party
@TheKdizzle19715 жыл бұрын
3:40 and that
@iliap12175 жыл бұрын
Hey Pat. New subscriber. Thank you for great content. Going through your videos and trying to apply as I go. We'll see where I get in one year.
@AH2andBeyond5 жыл бұрын
Great Video! I differ a tad on the consulting profession however. No, many consultants prefer consulting because they now can impart wisdom...from years in corporate as a CEO...not because they can't cut it as a CEO. One addendum :-)
@VALUETAINMENT5 жыл бұрын
Those are different types only consultants who have worked decades on the field. I’m inviting a speaker to the VAULT who is now a consultant yet she used to be the chief talent officer of Netflix for 14 years.
@inspiringsyed85145 жыл бұрын
Nice video...Thank You So Much
@somedude46525 жыл бұрын
Solid gold as always. Nice touch with the flying unicorn - BTW
@kiturealrecords91075 жыл бұрын
Great video. 🇰🇪🇰🇪🇰🇪
@Senecamarcus5 жыл бұрын
In regards with #12, I think Naseem Taleb nails it when he says dont hire A students but rather send them to take a test!
@coachbahman5 жыл бұрын
Its not about making mistakes, its about learning from them..
@ArifHidayat5 жыл бұрын
Like and comment first, coz all PBD’s video legit! I’ll pay $50 for every single video though.
@igotallthetickets65685 жыл бұрын
U know who I would like to see pat David sit down with it’s garvee if u have already I haven’t seen it
@tobiasCruzNazareno5 жыл бұрын
Yes!! 🙏🏾🙏🏾 A VIDEO ABOUT DATA 📈❤️ for the math fans
@_xqf_Ай бұрын
00:03 Not understanding the pendulum of decision-making process. 01:50 CEO should not just focus on positives 05:18 Do not second-guess yourself in areas you're an expert in 07:12 The importance of making timely decisions as a CEO 10:46 Avoid favoritism in team management 12:32 Importance of knowing who to take counsel from 16:05 Maintain a positive attitude even after facing a loss 17:45 Avoid hiring resume builders 20:43 Comp plan must align with desired results 22:15 Avoid micromanagement and hold people accountable
@BadarS1475 жыл бұрын
PBD expression at point # 10 so hilarious :P
@BadarS1475 жыл бұрын
PBD expression at point # 10 so hilarious :P
@saarthakpanda91435 жыл бұрын
Janet Bet David's new content is here!
@matt86375 жыл бұрын
This is better. Please stop interviewing gangsters and gangster lawyers. Stay away from that world, Patrick. Don't be fascinated by it. Stay on track, my friend.
@VALUETAINMENT5 жыл бұрын
There’s ton to be learned by many of these personalities.
@matt86375 жыл бұрын
Yes, but positive lawful people are the best to learn from, unless someone has a strong turnaround story. That's my opinion, anyway.
@fredericksweetenhue68575 жыл бұрын
"We had a funny conversation afterwards IsaiddidyoutakeacoldshoweryetNoHahaha" lmao you talked so fast here
@nyakarundi5 жыл бұрын
Would love to watch a video on how you build your KZbin subscribers
@PatrickCogen5 жыл бұрын
Great video! Patrick is really inspiring! He actually inspired me to create my own KZbin channel. I jumped out of my comfort zone and start documenting my journey as an online marketer. I would love some support/ feedback, check it out, thanks. Peace!
@LordDecapo5 жыл бұрын
#NotificationSquad #VaultConfrence :) Great tips pat!
@TechyTalk5 жыл бұрын
Great
@JustinDon5 жыл бұрын
Learning from ur mistakes
@VALUETAINMENT5 жыл бұрын
👊🏼
@jasonroberts93575 жыл бұрын
LOL @17:33 Which one of these are not like the others?
@xGARIDx5 жыл бұрын
Thank you! its saved my 3 million dollars that i dont have yet
@eliglbe5 жыл бұрын
This is what it's all about,SUB
@SportsIncorporated5 жыл бұрын
If only these videos were available when we were kids :) old guy
@ryanpaulgomez86365 жыл бұрын
So cleaver!
@Hacimoto5 жыл бұрын
Sound Volume is quite low -
@shad0wyenigma5 жыл бұрын
I love number 2, there was a story that Ben Horowitz told in a 'the hard thing about hard things' that really brings this to life. Ben talked about an exec he met, this exec worked in the same company as his uncle, so he called his uncle and asked if he knew the guy, the uncle responded ' yeah I know him, every so often he comes down to blow sunshine up my ass'.
@omeryehezkely30965 жыл бұрын
When you list your mistakes you should either give a list of mistakes or a list of advices, not a mix of both.
@julianfrost48275 жыл бұрын
Can't agree with #10. Credibility is obviously important but I would not want to make people feel like they can not speak out. Sometimes the people on the bottom can see almost as much as the people on the top. The fuzzy ideas usually come from people in the middle who are just kissing backsides or those too blind to see your vision because they their vision is through a tunnel.
@robhingston5 жыл бұрын
I’ve walked out of jobs because managers have shown too much favouritism to the wrong people...
@cupofmozzarella5 жыл бұрын
I want to be at a point in life where I'm featured as stock footage on KZbin videos
@georgesmith91785 жыл бұрын
Thanks for the video Patrick. There is a lot of useful information. However, I could not give you the thumbs-up because you have some very heavy biases. Some examples: #1. "... you shouldn’t be taking advice from somebody that’s never made more than $45,000 a year. " "... There are a lot of consultants asking for $20,000 to identify and fix your problems for you." Heavy bias here - choosing a particular lifestyle does not mean you are not an expert at something. By the way, I know many CEOs who consult on the side. And, if you are such a great CEO, why are you looking to hire consultants to tell you what the problems are? Why do you need a 2nd board to back you up? Aren’t they consulting you, in their own way, perhaps for free? Maybe it is the 20K price tag consultants are putting on their services that’s bothering you, Patrick :) #2. "Running a business is not easy. Business as a completely different ballgame and you have to understand who to take advice from and who not to take advice from based on where they’re at" Toyota empowered its production line workers to make decisions and quality went through the roof, customer satisfaction improved, sales also improved (LEAN and Sig Sigma principles). Isn’t that taking advice from someone who makes less than 45K per year? In fact, many CEOs are so removed from from everyday problems the business is facing that they are completely out of touch with customer experience. There numerous and articles on this but Simon Sinek described it best in hist TED talks. #3. "Avoid hiring resume builders" Everyone is a resume builder, whether they do unconsciously, semi-actively, or completely strategically. Actually the last ones are the people who work the hardest - they strive for great results and a rewarding career. One of your T-shirts reads "I love capitalism". Well, that is what capitalism leads to, Patrick - people want more: more money, bigger houses, faster cars, beautiful girlfriends wearing expensive clothes or rich boyfriends driving expensive cars, etc. They are looking at all of this and they say "Man, I got go go up, and I can't do it here" With these types of models, how do you expect support people to be loyal? . Unless, you earned their trust first - had their back during a recession or a general business decline, helped them move up in their career, got through a rough patch. And the bigger the organization gets, the harder it becomes for CEOs to earn people's trust. They tend to rely on culture to do it for them and completely forget they once did this very important job themselves. Sorry, I went so deep on the negative. There is a lot of good stuff in your videos but there are also a lot of holes. I pointed just a few of them. Hope you will take this positively.
@selfawaredevices5 жыл бұрын
16-worked with nvidia.
@Slayr. Жыл бұрын
I'll let you know when I become successful. 🥳
@giovannip.14335 жыл бұрын
The pendulum effect - when you take the middle ground you have to dodge the fast ball. However when well informed you can see where it is coming from and you can step out of the way- and let the extremists on either side waste their energy amplifying the swing... I believe in Unemployment benefit- As a business do you want to employ someone with poor work ethics? Do you want the person you don't want in your business so desperate for income they resort to breaking the law because 'they just don't get it' w.r.t. work ethic? In Data don't ignore 'the outliers'.
@jerryroberts72855 жыл бұрын
I love what you do, Pat, but your generalizations regarding consultants are somewhat off base. To say that if a consultant was really any good they'd go out and build a successful company, is assuming that's what they want to do. For those who have been down that road it ties you to an office and a concrete set of responsibilities. Been there, done that. It's a massive commitment if you do it right. Consultants are free to work when they want, where they want, and to choose the situations they're willing to get involved with. There's also a satisfaction in helping someone like you solve a problem you want to get rid of. I don't have all the answers, same as you, but maybe I've learned something in my travels that can help you to get further and do better. If I can help you salvage a great worker who is thinking of leaving and they generate $1 million for you, or $10 million, you'll open your wallet and pay me a big number because your problem is gone. Choosing a consultant is tough because there are gazillions of people claiming the title. Some of the best don't have pedigrees with big companies. You can hire someone who came out of Deloitte or McKinsey and probably do okay, but the guy who ran a tiny business for 20 years and walked away might be the best fit for what you need. One more thing. Based on the quality of information you give in this channel I'd say you're 20X the CEO I was. That said, I don't need to be as good as you to be of value. I only have to help you solve a problem - likely a problem with people - that's keeping you up at night. Blessings to you Pat, I'm a big fan of what you're building here.
@aquilatempestate95275 жыл бұрын
16: Not enough cowbell
@brotherschannel98105 жыл бұрын
liked before watching
@cuh7205 жыл бұрын
“Don’t hire resume builders” Then how do I get experience?!
@eliglbe5 жыл бұрын
Need too watch at least 100 times until it's invaded in me