The Best Time to Specialize or to Generalize
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- Опубликовано: 8 июл 2024
- Patrick Bet-David talks about Generalizing vs specializing in this episode. Subscribe to Valuetainment for all new videos bit.ly/2aPEwD4
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"Wealth is created by specialization and preserved by diversification" .
Rujo Onye wow good one
a better way of phrasing it could be "wealth is started by specialisation but grows by diversification".
gabriel onibudo disagree.
Awesome quote
@@gabrielonibudo5710 It grows much more quickly by specialization in my experience. I think he worded it right.
This guy makes me feel extremely at ease and comfortable.
thankyou... as always ... you give me a good lesson in time of needs. May family be safe and protected . Respect always !!
First of all, you are a real teacher I been following you along with my university studies. Today I think you shared a very golden insight, I am pretty sure it's 'the secret' and all entrepreneurs must study this. 👏
*It's key to niche down in the beginning. What are you know for? Then once you're established you can add other tools to your belt.* 😉
Great takeaway, this principle applies to investing too
Focus, then diversify after a certain point
Specialise (necessary) early, so you become a generalist (enjoyable) later.
got ya again
Focus is the key! 💪
I Opened a one year ago my own Business DREAM SERVICES and needed that advice, 1st. Specialize and then Generalize...Thanks Patrick
I really appreciated this short and concise video, Patrick. I will apply what I learned from this.
Even here bro. It's almost like your omnipresent
Start off by focusing win one thing and expand from there
I'ma buy your book just to support you Pat because I love your content man.
This is excellent. I have always tried to generalize and do many things at once now I see the importance of specializing many aspects of my life and work
This is a very important that is pointed out here in order to build a solid foundation!
I have ordered your book, can't wait to read it. Meanwhile I am getting into business studies, the time is now!
The original money in the economy was labor and value so either way, do something valuable and prosper.
RUclips algo diverted me here after the latest, and i see your point why you would generalize your youtube channel and i'm all for it!
This Chanel with Patrick is a godsend💯
Found this at the right time.
The way i look at it is, it never hurts to learn something new.
Pat is a war time leader
Great post for people to listen and follow in growing their business. Especially in these times, the name of the game is focus.
Wow, this is an awesome video! I was struggling with my photography business and now I Know I need to specialize first and be great at something and later generalize little by little; thank you!
Thank you for another amazing video! I think this video is your best so far. Perfect choice of examples and you talked about all the methods in a short span amount of time.
Valuetainers,
YOU are the reason why I wrote this book.
“Your next five moves” is a book I wish I had in my hands when I was 25. It would’ve saved me millions and helped me do everything I’ve done in half the time.
Can’t wait to get it in your hands.
Click here to order a copy:
www.amazon.com/Your-Next-Five-Moves-Business/dp/1982154802/ref=nodl_
Thank you for providing so much quality content! Just preordered your Book and looking forward to it.
Pay, this is tearing at me a bit. I’m about to launch a Crowdfunding campaign to enter a really competitive market and I have been thinking of leaning into the audacity of “just coming out of the blocks hard”, getting people psyched on being pat’s of the 1st percent of something huge.
Maybe even highlighting the fact that 99% of people do it the sensible way, we want to be the radical 1%.
Thoughts??
😀🕺🏻🎥🏖🇦🇺
*Five
All the best on your next move Patrick 👍🏽👍🏽👍🏽
I need it in ebook
Love it!!🙌 You bring so much clarity Patrick Thank you sir
very needed video thank you so much Mr Bet-David.
Thanks man! This applies to other areas of building a life as well!
Keep the videos coming, I started my digital marketing business about 19 months ago and I am def still in phase 1! Thank you for the tips! 👍
Dammit Patrick this is EXACTLY what I'm doing right now!!!!!!!!!! Man I needed this. To me this was just my own common sense. Now I know I'm on the right path, simply because I heard it from the master. Thank You!!!!!!! UPWARD AND ONWARD!!!!!!!!!
I love your channel. I'm not sure why I'm so interested in business. You have given me some priceless advice. Thank you. I need to order your book!
Good stuff Pat 💪🏽
Thank you Patrick bet david ❤️
He's so brilliant I'm watching this. For the third time. Once before I go to bed. To make it sink in, me what he saying, matters to me. Just listen to what he saying here.
Both are important!!
Great content👍🏻. Keep pushing peoples envelope and enable them to think for themselves. Sometimes you also have to reverse specialisation because the road has come to an end.
Thank you man... this has been very helpful!
🔥. Great message Pat. Another great Valuetainment production
This guy is amazing big up from Portugal
Thank you for this. This was something i needed to hear.
Happy to see some content that will keep the nutters away. Thanks!
*Specialization seems to have real big benefits, but if one goes that route i think its important to keep training the brain to learn new things perhaps completely unrelated, so the brain remembers how to learn new things faster,*
ruclips.net/video/w9f1izqMtnI/видео.html
can't wait to get that book
I'm glad that i came accross pbd in 2016. If you're reading this comment then I want to thank to follow creating this RUclips channel
Needed this, thanks Pat !
Great content!!! Thank You for that.
Thank you Patrick your videos are really helpful. I am in my journal to build a business.
pat you are hero
You are a busy guy, working smart!
Great Video! This reassured me that I am doing the right things at this phase of my business growth.
Thank you for this amazing content Patrick !
Thanks Patrick! Just purchased the book!
Thank You for this very valuable
Book comes out on my birthday! That’s a sign! 🙏🏻 can’t wait to be an author one day too
Pat I love Hugo Boss jogger suits .. I had the black one with white pipes along the side. Very comfortable and doesnt look too casual
This guy is great teacher
Learned alot from this video.
Very helpful regardless of my specialized profession. There's so much more to monetize than I ever initially conceptualized.
Facebook started with university students at just a few universities then expanded to more universities eventually expanding to people in the US and then people everywhere.
This is REALLY helpful. Thank You!
Missed these kinda videos.
What an easy explanation!
Well needed
great vid Pat!
I agree, specialize. More is not always better
💯 brotha!
Perfect 👍🏻
Thanks for the excellent insights Patrick 🙏🏻
Great job at explaining this.
Great content. Your book is brilliant.
Brilliant video
Two books on this topic: Blue Ocean Strategy and Small Giants. Thanks Pat for the video
Good topic PBD 👊
Great video , never thought about it
Great video Patrick - This is mistake that I’ve made many times. When I focused on one service we built our 500 staff agency from this... it is a trap to try and sell everything when starting in business. Jack of all trades master on none - comes to mind. PS let’s all support PAT and get the book - I have ordered mine 👌
100% I agree with this focus on one to start with..
P.S I have bought the book! Lets support Pat!
Katie Johnson auesome!
Katie Johnson 100%💪💪
Lets go
The book comes out on my son's birthday...looks like I'm buying it!
What we need now is a conduct to bring together business and aspiring entrepeneurs. More practical steps!
Good example you gave about amazon. Very helpful though try one thing master than slowly gradually try another and another.
It’s pretty ironic how you can do much more by limiting yourself in the beginning....I had learn this the hard way 😂
Thank you for ur wisdom ❤❤
🔥🔥 content thanks man!!
Great video. Peter Thiel talked about this in his great book "Zero to One".
Seems like good advice. 🤘
Are you currently specializing or generalizing?
I'm specialised for the first time in my life. All in cash, keeping it simple and trying to be nimble while I'm waiting for a bit of clarity and value
Specializing
I am specializing like a consulting engineer, focus on adding value in 2-3 types of activities, with a great team of professionals in their fields. When we will grow and stabilize to a certain level, adding more value proposals to new clients and contracting more employees/partners I think is the rational path for prosperity.
Specializing
*Patrick is a beast, how do you get so much energy*
He loves what he does! I hope I have his energy when I’m his age!
Please please please make these kind of videos more.
Grwat work thank you!!!
Always on Point Pat, It's a good reminder to remind us that Amazon started small..I have forgotten 🤣
This couldn't come at a better time
Great video. Great topic ;)
This is very helpful! Thanks for breaking it down. 💪👊✊☝️🙏 #sequencing
Selling insurance is like selling beans but hey that's why you do valuetainment + $
Thanks Pat
You are great
Ty very well said.
"Sequencing." "Next 5 Moves" didn't resonate with me. But now it does.
My Business mentor said the same thing to me 2 days ago. He introduced me to "The Beach Head Strategy". I'd advise all small businesses to look it up.
Good video Mr. Pat. 👌👌 First do what you are good at. Then expand. 😄😄
In my field Specialisation is the only way forward.
What field?
@@hectorcardenas2171 MBBS(Doctor).
This video is geared for businesses. For most employees it may make more sense to specialize. Most entrepreneurs usually have to wear many hats. I've been both but I remember when I was an employee I was never one to say that it's not my department. My mentor and former boss, a very wealthy man, allowed me to work in all departments and that was set me off to starting my own business. Too many employees, especially Engineers, are notorious for saying things such as "that's not my department". Perhaps Pat can make a video from moving from a specialized employee to entrepreneur.
Yes.
I thought it was cool already when Amazon was selling books.
He was overwhelmed with the response at the beginning-just books, at that! 😊
there are only two channels on RUclips I have notifications turned on. One of them is yours