How To Strategize As An Entrepreneur

How To Strategize As An Entrepreneur
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When you go to the gym, do you ever see the same person there every time, working out really hard? With some, you notice you never see any progress with their body. How is that even possible? The same thing goes with business. You can have two people that became entrepreneurs at the exact same time. We’ll call them Bobby and Joey. Bobby and Joey are both all-the-timers, working 80 hours a week. But five years into it, Bobby’s business does million a year, and Joey’s business only does a couple hundred thousand dollars a year. Why is that? It’s all about priorities. So in today’s video I’m going to get into how to prioritize as an entrepreneur.

The Four Quadrants Covered in This Video

Next Innovative Campaign – 3:28

Leadership Development – 4:59

Operating Systems – 7:24

Biz Dev/Sales – 8:58

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34 thoughts on “How To Strategize As An Entrepreneur

  • January 18, 2017 at 8:04 am
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    do you recommend any user friendly software for managing an inventory of about 350 – 500 items ?

  • January 27, 2017 at 1:51 pm
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    What i find makes me special is that i can usually think up a great next innovative campaign from nothing out of thin air. At the moment my company is in survival mode and although i am probably not working hard enough (i dedicate my entire day to the business) i am doing my best to make it happen. I want my company to push through this phase so that i can start on leadership develop (which ive started to develop myself extensively) and now i am starting to develop others (in whichever areas i excell at) and hopefully they can develop me as well; such is reciprocation. Once i get to focus on innovative campaigns i tell yah pat i am going to unstoppable. I have i five year plan that i cant wait to implement. It will actually change the entire industry in my country. It revolutionizes the industry here and i can already see the level of explosion that will happen. We will be in every major city in my country and then i hope we can start upselling to existing customers. We might even be able to dominate this industry if we keep to these entrepreneur strategies.

  • February 1, 2017 at 1:12 pm
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    Hi Pat, Great video! I have 2 questions.

    1. I decided to become a founder of my own company and was curious how a tipical day looks like of an entrepreneur? How many hours do you work? How often do you take vacation? Do you work 7 days a week? How often do you hit the gym and read books?
    2. What is your opinion on crowd funding vs. traditional funding from “Angel investors” or taking a loan from the bank? Would you recommend one more than the other? Have you ever used any of those 3 financing vehicles?

  • February 3, 2017 at 1:21 am
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    do something that will exponentially grow your business

  • February 3, 2017 at 1:33 am
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    go for innovative ideas be visionary so you get huge explosions great vid

  • February 5, 2017 at 1:55 pm
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    HI,
    Mr.Patrick i am huge Fan of yours have seen all your Videos i am Computer Engineer doing job in Dubai 8 hours Job after work i joined small shop who does same computer repair service as a partner i work there 6-7 hours sometimes more hours i have family 2 kids House wife no other source of income apart from salary + my partner business we started about 3 months so far we r doing ok my partner is forcing me to quit job work full time i can’t effort to quit job & handle my family expenses can you suggest what i can do ?

  • February 19, 2017 at 8:03 am
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    As always, phenomenal content. You should offer entrepreneurship bootcamp!

  • March 21, 2017 at 7:09 am
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    Awesome video! Could you create a video on what to focus on when you reach the plateau level as a Business? Thank you

  • March 25, 2017 at 7:16 pm
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    Be a leader, be innovative, pay attention to the operating system and sales.

  • March 31, 2017 at 3:25 am
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    There’s only a few things you can do in a business which is leadership dev, innovate and problem solve, business development and operations (the last 2 listed cause linear growth while the first two cause exponential growth). You can’t focus too much on the explosion phase and neglect your linear or you’ll overextend yourself and the inverse it true and your business will die.

  • April 2, 2017 at 4:45 am
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    pat; how do you trust that the leaders that you develope ; especially the sales people; wont run out and create their own business; and leave you? (with the customer list of course)

  • April 3, 2017 at 1:17 am
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    Hi Pat you are doing amazing with these information about business,entrepreneurship,life. Is very helpful, I wanted to ask whats your take on service business I have a jewelry repair shop and its not completely doing well not enough customers coming thru the doors Ive advertise localy social media word of mouth no luck any advice??

  • April 5, 2017 at 6:23 pm
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    Wow this is so great Pat! THank you im in survival just starting but will def not forget this

  • May 10, 2017 at 7:08 pm
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    hey pat I love your channel and everything you stand for. I have a question, so I want to start a selfie drone buissness and there’s this camera company called runcam and I want to use there camera in my selfie drone, how I could approach them and make a deal?

    Please let me know if you need more detail and what questions you may have.

  • May 12, 2017 at 3:01 am
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    I never click like on youtube videos. But these… All the fucking time

  • May 15, 2017 at 7:58 pm
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    This is gold. The real life MBA. Your posts are a road map for my business growth. Thank you for sharing.

  • May 17, 2017 at 5:59 pm
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    hi patrick, I wonder why businesses always use pictures of laptops, coffee cups and people in formal attire on their websites, brochures and etc… i wanna know how we can be different and use something else. something that is totally different from those common stock photos. i hope u make a video on this someday. thanks and goodluck with your videos.

  • June 16, 2017 at 4:20 pm
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    I for some reason focused mainly on the left side of your chart; Campaign and Operation, but am only starting to get into the right side of it; Leadership and Sales as well… of course I had no clue of that in relation to this paradigm until watching this video but am happy to know better where I’ve been. Just before watching this I knew I at least needed to focus more on sales, and have known the value of a team, investing more in people but have only begun actually doing it gradually over a long time.

  • July 5, 2017 at 2:12 pm
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    Thank you ever so much pat. You are one of my best mentors.

  • July 23, 2017 at 9:35 pm
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    You are so good!! Every video is packed with so much beneficial information. When we were starting our business I would watch you every morning to get focused and motivated. I stopped watching because we had exploded and grew bigger and bigger. However I should have kept watching the videos. There’s so much good things not only about starting but how to maintain and grow strong. Love, love your videos! Now I’m putting these videos back into my daily routine. Thank you!!

  • July 28, 2017 at 11:58 am
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    thank you thank you thank you hope you have talks about doing business in a third world country how to strategize hehe

  • July 28, 2017 at 11:28 pm
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    You are amazing. Since I met you for about a month now, I mean your videos, my life has never been the same again. I will chat you some day, but just to let you know that your videos are really working and transforming me and my family. In fact, I am in the process of recreation. I love you. Keep it up. Omale Omachi Samuel, from Abuja, Nigeria.

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