Hey Patric, is it a good idea to incorporate some of the legitimate tests for personality (Big 5, 16personalities, gallup), as well as general QI test from Mensa, when you consider partnering up with someone on a start-up? So that you can analyze the particular psyche and how it can potentially work out between you, prior to engaging into a partnership?
It's so AWESOMELY weird how I come across these videos at just the right time when I'm entering a new stage in development with my business. Thank you Patrick & co, I'm incredibly GRATEFUL for all your hard work & energy it takes to put these together!!
What I love about Valuetainment is that there is no episode 1-227 on the concepts. A lot of other channels have that structure and it makes it daunting to watch something thinking "what did I miss before episode 34 etc" Valuetainment is great, all things are relevant no matter where you are in business whether you are a millionaire, startup or wannabe. 👌🏽
Meeting the family is a huge tip for me, never thought of meeting the family when hiring a new business partner or staff. great idea to put into practice. Thank you!謝謝你(thank you in Chinese )
+Shawn King Was just thinking the same thing. Guess you only attract/find the information you are really looking for and apparently, the number of people aspiring to be successful is ridiculously low :/
So true Shawn King! The value this channel, Patrick & the Valuetainment team put out is just invaluable! There is a reason there are so few successful people. You are what you surround yourself with right? In any case, this just means we have such an opportunity right now when not many other people are thinking big! Let's make the most of it =)!
business is all about partnerships. good partnerships = success. bad partnerships = failure. Thanks Pat. I will be studying this one. I found it at just the right time.
Phenomenal episode . More than 30 tips in total , 3 books recommendations and over 30 mins of pure experience being shared. One of my favorite episodes . Downloading it right now as mp3 . Thanks VT.
Patrick!!!!! Many people will write a book out of each of your videos. Your content is helping my company exponentially. You will be coming to Lagos Nigeria within the next 5yrs except there is another company that beats me to it. You are my Prophet🙏🏾🙏🏾🙏🏾
I followed you because I wanted to study about a business partner to analyse why my marriage worked from an angle of planning I did. Then boom you related in all. You are a mentor I would love
Oh this overwhelming good, its tough good too and the beauty with it is that it leads to better odds at not sucking in business or marriage for that matter. No single advert too, just pure solid value. Can’t believe I almost skipped this video 😅
Not only did I get a great lesson from this video, but I also got to go further into learning with the book references. Thank you for this video packed with golden nuggets, Pat.
It was THE BEST VIDEO, I have ever watched on finding Business partner. Such an incredible content. Thank you so much, Patrick. Kudos to Team Valuetainment.
I've just started to work on my startup and Finally found the right channel... Much appreciate all those "complete" and valuable information alike other who gives half tips and ask to join a seminar for tons of money. Thank you Pat.
Thank you for sharing priceless information. I started last week arching your videos and have been blown away since. I can feel myself shifting. I'm an entrepreneur in Direct Sales. Pat, you have made an impact in my life.
❤ Love how you preach about reading books 📚 Smart people read books! ❤ Also, heads up... Vet your landlord before you sign, and if they try to rush you it's like a used car. Landlords can reck even the best startups. Hire a Private Investigator!
---How to Choose the Right Business Partner--- Key Takeaways: 1.3 non-negotiables 2.Common long-term vision 3.Values 4.Opposing strengths (what did you bring to the table?) 5.Clear roles 6.Who gets credit? 7.Financial status 8.Purpose? 9.Schedule 10.Partner up 11.Track record (What people say about you) 12.Meet the family On my To read list: Working Together by Michael Esner
Really get to know yourself, and what do you want out of a business partnership. Partner up, and make sure that both of you will be able to work in synergy. Make sure everyone gets value out of the partnership
I consider this video as a book or a business class semester I have learned so much thank you for taking the time to instruct small business owner like me
PBD always delivering so much value. So great he can articulate what’s need other than experience and skills. Almost people missed these points. Thank you for sharing. So much value.
12 Key Points Before Choosing Business Partners 1) Non-negotiables 14:52 2) Common long term vision 18:50 3) Values 19:48 4) Opposing Strengths 20:25 5) Clear Roles 21:33 6) Who gets the credit 21:54 7) Financial Status 23:35 8) Purpose 24:00 9) Schedule 24:39 10) Partner Up 26:07 11) Track Record 27:37 12) Meet Family 27:50
I'm not in any position to partner up with anybody right now, but I definitely know a guy who could really do well with this information. I've shared a few of your videos with him and I'm definitely going to pass this one on too. Thank you for always taking your time to make these, Patrick.
Notes Finding the right business partner is like finding the right spouse. 6-Types of Partners 1) Equity Partner 4:37 owns a piece of the company with you 2) Product Partner 5:18 3) Executives 6:03 are absolute partners 4) Different Departments 6:59 5) Vendors, Consultants, Legal, and CPA 7:26 6) Sharing an office building 8:36
This has helped to widen my perspective on finding the right partners. You constantly give me new insights on how to accomplish certain aspects pf running a business; thank you so much!
You know, its almost as if running a successful business is a long-term way of life (Haha!). Great advice not just for business but, life. Thank you for this gem, Patrick.
Wooooww man, this channel keep amaze me every time... Every time I have a question on how to become a better entrepreneur there is a well detailed video about it...
Hi Patrick , I am 19yrs old and i have made a design of a solar power bank and i want to start my business on this stuff because of increasing smartphone market in India, i am doing my Mechanical engineering degree here i watch ur videos daily and take tips ...just want to tell u that "U R AWESOME"
You have your priorities right. Military training is great experience for a man (I believe - I think). I grew up in Ireland and national service had been abandoned. I wish I had some military discipline behind me. Not combat in war, just experience.
EXCELLENT breakdown!!!!!! Especially for understanding real VALUE. Today is Ujamaa. U hit the value right on the head. Much more than profit, strategy on value matters as paramount in business. Happy Kwanzaa!!!!
Fantastic video. Watching such videos and learning from your experience has further solidified my decision to make 2023 the year to act on my concept and proceed with greater confidence.
Thank you for this video. It really helped me to pull the trigger on what I've known i needed to do for a while but reluctantly put off. I'm feeling more confident now than I have been for a long while. Much appreciated.
Wow!…didn’t think I would watch this whole video but it was amazing!!! Your definitely right, you gotta put the work in and yes this does seem like a lot but this totally pin points every area. Awesome video Sir!
Sir great video and i personally believe in one thing that whether its a business partner or a life partner transparency is the topmost priority and it should be the topmost priority.
Curious what your thoughts are on establishing a value point when buying into a company as a partner. For example if I’m buying into a company for 30% and the economies on a bit of a downturn so the top line has decreased, but it’s been strong for let’s say 10 years prior, Now I’m coming on board to do marketing and sales and improve the brand and get more widgets out the door. Let’s say the top line starts increasing again and I want to earn more of this business toward becoming an equal partner. I am investing a substantial amount and want to make sure I cover all these bases upfront. What are your thoughts?
Yes, meeting friends and family is probably the most important thing as it will show you who you are dealing with. In relationships, if a man is hiding me from them I just leave...because he is dishonest and a manipulator. Envy is very dangerous and will kill you. That was a good point, too. I'm catching up with all your vids, Patrick. Best regards to your wife, Jennifer. She must be an angel :)
Amazing video, I go through a lot of these with relationships and business and I added some more thanks to this video, but I'm surprised how a lot get offended on what it takes to fill these roles on and off the job.
Some people have a toxic family, I don't think it's fair to judge them based on their family. Some may need to keep distance to avoid pain and be a better human being.
Funny, CAT & DOG videos have 1m+ views and videos like this have 21k ! Thank you for the lessons and motivation ! I have pretty much watched all your videos twice, read your wiki-pedia (I wish that was more in depth) and spent hours on your business & personal site. I work in Real Estate with close ties to insurance industry ! We'll see you in a few years Pat. Will be great conversation. Keep inspiring !!
I absolutely cannot stand business partners lying. You know at some point people will just screw you over. For instance, being on dishonest about the quality of a deliverable, that's a dead ringer they're going to do it again and maybe even worse. People moving behind your back, big red flag. Tell em what you think of it, and cut ties. It will hurt for a while, because you'll need to replace them with better people, which takes time and effort, but you'll be better off in the end.
This is excellent. I came in contact with Pat's material right at the point i was gonna give up all hope. Through these videos i realize it isn't hope or motivation i needed, but clarity. Many thanks for sharing these lessons! :D --greetings from The Netherlands
I started a business with a partner, she designs I sell to put it shortly. I feel our responsibilities (work) are unequally divided, I am at the end of my strengths. Also I notice our values and visions are different, or what each wants to do. Time to brake up before it moves any further? I don’t think we like each other’s family very much neither 😅
Question: is there a way we can access this in script format? To study it as you suggest, I would love to print it out and analyze it manually. Thanks for this video Patrick.
Patrick, please do interview with Gary V, as you know he's gonna launch his book on March, and I bet he wants to be interviewed by you. just make sure you bring some NY Jets gift for him. Can't wait for that to happen , because you and him is really a practitioner
+arif hidayat He reached out to us last month. I think we'll most likely do something together in the next few weeks or months. I'll keep that in mind. ;)
Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid
Hey Patric, is it a good idea to incorporate some of the legitimate tests for personality (Big 5, 16personalities, gallup), as well as general QI test from Mensa, when you consider partnering up with someone on a start-up? So that you can analyze the particular psyche and how it can potentially work out between you, prior to engaging into a partnership?
It's so AWESOMELY weird how I come across these videos at just the right time when I'm entering a new stage in development with my business. Thank you Patrick & co, I'm incredibly GRATEFUL for all your hard work & energy it takes to put these together!!
I can honestly say I learned a lot from this video and it brought to my attention things I hadn't thought of for starting my own business.
What I love about Valuetainment is that there is no episode 1-227 on the concepts. A lot of other channels have that structure and it makes it daunting to watch something thinking "what did I miss before episode 34 etc" Valuetainment is great, all things are relevant no matter where you are in business whether you are a millionaire, startup or wannabe. 👌🏽
You are right, +1 Sna Rzai I think the valuetainment team may number these videos for better management
I like Dennis Prager 'Fireside Chats' -)
Meeting the family is a huge tip for me, never thought of meeting the family when hiring a new business partner or staff. great idea to put into practice. Thank you!謝謝你(thank you in Chinese )
the views for this video is ridiculous compared to the amount of information being shared right now
+Shawn King 👍
+Shawn King Was just thinking the same thing. Guess you only attract/find the information you are really looking for and apparently, the number of people aspiring to be successful is ridiculously low :/
Shawn King True!
So true Shawn King! The value this channel, Patrick & the Valuetainment team put out is just invaluable! There is a reason there are so few successful people. You are what you surround yourself with right? In any case, this just means we have such an opportunity right now when not many other people are thinking big! Let's make the most of it =)!
Shawn King probably because many people still lack vision. A great vision needs a great team, hence only those with great vision needs the video.
business is all about partnerships. good partnerships = success. bad partnerships = failure. Thanks Pat. I will be studying this one. I found it at just the right time.
Phenomenal episode . More than 30 tips in total , 3 books recommendations and over 30 mins of pure experience being shared. One of my favorite episodes . Downloading it right now as mp3 . Thanks VT.
This man is literally taking us young aspiring entrepreneurs to school with these videos. Pure gold, thank you sir
Patrick!!!!!
Many people will write a book out of each of your videos.
Your content is helping my company exponentially.
You will be coming to Lagos Nigeria within the next 5yrs except there is another company that beats me to it.
You are my Prophet🙏🏾🙏🏾🙏🏾
I followed you because I wanted to study about a business partner to analyse why my marriage worked from an angle of planning I did. Then boom you related in all. You are a mentor I would love
Oh this overwhelming good, its tough good too and the beauty with it is that it leads to better odds at not sucking in business or marriage for that matter. No single advert too, just pure solid value. Can’t believe I almost skipped this video 😅
Knowing the family is really helpful. If we're going to be business partners I must meet your family... good lesson. Thanks
FANTASTIC PAT. The value in being thorough, especially UP FRONT is so valuable! Thank you for sharing!
Not only did I get a great lesson from this video, but I also got to go further into learning with the book references.
Thank you for this video packed with golden nuggets, Pat.
191k views, its crazy that you are not getting more views on videos like this Patrick. Thank you for your knowledge!
It was THE BEST VIDEO, I have ever watched on finding Business partner. Such an incredible content. Thank you so much, Patrick. Kudos to Team Valuetainment.
Storytelling, accuracy with dates, time and places...Pat, your brain is smarter than ChatGPT and thanks!
I've just started to work on my startup and Finally found the right channel...
Much appreciate all those "complete" and valuable information alike other who gives half tips and ask to join a seminar for tons of money.
Thank you Pat.
how i wish valuetainment could do 101 questions before getting a business partner,,good stuff
Thank you for sharing priceless information. I started last week arching your videos and have been blown away since. I can feel myself shifting. I'm an entrepreneur in Direct Sales. Pat, you have made an impact in my life.
+adrian canady 👊🏼
What are your advice for someone who is starting now any business?:)
❤ Love how you preach about reading books 📚 Smart people read books! ❤
Also, heads up... Vet your landlord before you sign, and if they try to rush you it's like a used car. Landlords can reck even the best startups. Hire a Private Investigator!
Thanks for being a role model!
This channel is my online university
This is absolutely amazing and exactly what I need. I’ve been a fan for a long time and learned so much from you. Thank you for ALWAYS COMING THROUGH!
---How to Choose the Right Business Partner---
Key Takeaways:
1.3 non-negotiables
2.Common long-term vision
3.Values
4.Opposing strengths (what did you bring to the table?)
5.Clear roles
6.Who gets credit?
7.Financial status
8.Purpose?
9.Schedule
10.Partner up
11.Track record (What people say about you)
12.Meet the family
On my To read list: Working Together by Michael Esner
Thank you
Really get to know yourself, and what do you want out of a business partnership. Partner up, and make sure that both of you will be able to work in synergy. Make sure everyone gets value out of the partnership
I consider this video as a book or a business class semester I have learned so much thank you for taking the time to instruct small business owner like me
PBD always delivering so much value. So great he can articulate what’s need other than experience and skills.
Almost people missed these points.
Thank you for sharing. So much value.
I'm planning to build a startup and I'm really attracted to someone for partnership. This video really helped me to clarify and strengthen things.
+JoseAnd97 that's great to hear.
Always trust PDB wisdom.
This is on point after 7 years
Thank you
Patrick.... YOU ARE TREASURE.... THANK YOU !!
👌
dude do you live in silicon valley, california? you would be a great mentor for me as i'm a younging starting out with 2 business
Getting into a partnership , I'm thinking consciously now. Thanks Pat .
12 Key Points Before Choosing Business Partners
1) Non-negotiables 14:52
2) Common long term vision 18:50
3) Values 19:48
4) Opposing Strengths 20:25
5) Clear Roles 21:33
6) Who gets the credit 21:54
7) Financial Status 23:35
8) Purpose 24:00
9) Schedule 24:39
10) Partner Up 26:07
11) Track Record 27:37
12) Meet Family 27:50
I'm not in any position to partner up with anybody right now, but I definitely know a guy who could really do well with this information. I've shared a few of your videos with him and I'm definitely going to pass this one on too. Thank you for always taking your time to make these, Patrick.
Choosing the ideal business partner is important! Thank you for your advice!
For me this makes it more beautiful for me to make a business. Thank you man. I love you!
You know what you're talking about!!! I can watch your videos all day.
Thanks for a great video. I thought my expectations on people are too high. I'm glad to see we share the same approach :)
Notes
Finding the right business partner is like finding the right spouse.
6-Types of Partners
1) Equity Partner 4:37 owns a piece of the company with you
2) Product Partner 5:18
3) Executives 6:03 are absolute partners
4) Different Departments 6:59
5) Vendors, Consultants, Legal, and CPA 7:26
6) Sharing an office building 8:36
Wow! Incredible video.. that I can only appreciate at this stage of building collaborative relationships.
This has helped to widen my perspective on finding the right partners. You constantly give me new insights on how to accomplish certain aspects pf running a business; thank you so much!
You know, its almost as if running a successful business is a long-term way of life (Haha!). Great advice not just for business but, life. Thank you for this gem, Patrick.
Wooooww man, this channel keep amaze me every time... Every time I have a question on how to become a better entrepreneur there is a well detailed video about it...
business Academy right here
Hi Patrick ,
I am 19yrs old and i have made a design of a solar power bank and i want to start my business on this stuff because of increasing smartphone market in India, i am doing my Mechanical engineering degree here i watch ur videos daily and take tips ...just want to tell u that
"U R AWESOME"
how is your business doing
Bytler its doing good for a start up just concerned about advertising.
But surely i ll find the way into it.
You have your priorities right. Military training is great experience for a man (I believe - I think).
I grew up in Ireland and national service had been abandoned. I wish I had some military discipline behind me. Not combat in war, just experience.
This advice is helpful for both business AND relationships! Thank you!
EXCELLENT breakdown!!!!!! Especially for understanding real VALUE. Today is Ujamaa. U hit the value right on the head. Much more than profit, strategy on value matters as paramount in business. Happy Kwanzaa!!!!
Wow, this is great . Emazing How you Share your know-how for everybody.
Thank you From Czech Republic ( Europe)
This guy is top shelf! Like him even more then I did when I originally just started watching his podcast interviews.
Fantastic video. Watching such videos and learning from your experience has further solidified my decision to make 2023 the year to act on my concept and proceed with greater confidence.
be very direct of what u want
Thank you for taking the time to break it down step by step. Great video.
+DeAnn Blackmon Thanks DB.
this episode start slow then it gets better after min 15 .. lots of good knowledge .. recommended
Wow ... what an incredible and comprehensive talk !
Sir Patrick ,
You teach me more than what my Engineering does.
Thanks!
I just found out my mentor for my business.
Thank-you, thank-you, thank-you. I would pay for this content.
Thank you for this video. It really helped me to pull the trigger on what I've known i needed to do for a while but reluctantly put off. I'm feeling more confident now than I have been for a long while. Much appreciated.
Wow!…didn’t think I would watch this whole video but it was amazing!!! Your definitely right, you gotta put the work in and yes this does seem like a lot but this totally pin points every area. Awesome video Sir!
Sir great video and i personally believe in one thing that whether its a business partner or a life partner transparency is the topmost priority and it should be the topmost priority.
Man,you have just given me the actual JUice extracted from the ocean of knowledge
Curious what your thoughts are on establishing a value point when buying into a company as a partner. For example if I’m buying into a company for 30% and the economies on a bit of a downturn so the top line has decreased, but it’s been strong for let’s say 10 years prior, Now I’m coming on board to do marketing and sales and improve the brand and get more widgets out the door. Let’s say the top line starts increasing again and I want to earn more of this business toward becoming an equal partner. I am investing a substantial amount and want to make sure I cover all these bases upfront. What are your thoughts?
many thanks sir Patrick! you are amazing.
You got it. Thank you.
Pat, thanks always for the great job you're doing here. I consume your contents every day.
You spend so much time with guys..
Yes, meeting friends and family is probably the most important thing as it will show you who you are dealing with. In relationships, if a man is hiding me from them I just leave...because he is dishonest and a manipulator.
Envy is very dangerous and will kill you. That was a good point, too.
I'm catching up with all your vids, Patrick. Best regards to your wife, Jennifer. She must be an angel :)
I'm glad I stumbled upon your channel. Your video is a treasure trove of entrep info. Thanks for the generous sharing of your business acumen.
This is extremely informative. Thank you so much for making this!!!!
Amazing video, I go through a lot of these with relationships and business and I added some more thanks to this video, but I'm surprised how a lot get offended on what it takes to fill these roles on and off the job.
@Patrick... Your videos have a lot of value. You guys are wonderful. Thanks!
Wow! Amazing value here Patrick. Thank you, brother.
i like how u put it cuz me& my wife working on this now. we learning now.
Thank you for this one Pat.
Some people have a toxic family, I don't think it's fair to judge them based on their family. Some may need to keep distance to avoid pain and be a better human being.
Funny, CAT & DOG videos have 1m+ views and videos like this have 21k ! Thank you for the lessons and motivation ! I have pretty much watched all your videos twice, read your wiki-pedia (I wish that was more in depth) and spent hours on your business & personal site.
I work in Real Estate with close ties to insurance industry ! We'll see you in a few years Pat. Will be great conversation. Keep inspiring !!
Exactly spot on! Many Thanks for sharing this valuable info Patrick
This helped me a lot thanks Pat
I am so glad I found your channel! Thank you for all that you do.
I've been watching almost all your videos, but haven't seen anything about how to chose the right employees.
Any tips on that ? :)
+Peter Istrate Here you go :) ruclips.net/video/aH4yDBqgqOA/видео.html
GREAT life STRATEGIES!!
I absolutely cannot stand business partners lying. You know at some point people will just screw you over. For instance, being on dishonest about the quality of a deliverable, that's a dead ringer they're going to do it again and maybe even worse. People moving behind your back, big red flag. Tell em what you think of it, and cut ties. It will hurt for a while, because you'll need to replace them with better people, which takes time and effort, but you'll be better off in the end.
This is excellent. I came in contact with Pat's material right at the point i was gonna give up all hope. Through these videos i realize it isn't hope or motivation i needed, but clarity.
Many thanks for sharing these lessons! :D
--greetings from The Netherlands
+Mister SatisfieD 満足 Glad you found us. You can find more content on www.patrickbetdavid.com. 👍👊😎
Thank You 🙏 Patrick
Thank you for share this powerful info..
+Jose Santana You got it, JS.
Pat, i love your work brother. keep pouring into us!
Taking notes....
Always learning from this channel 🙏🏿
This was great!...so going to share it!, why this video even got one thumbs down is beyond me.
Awesome what's common sense isn't always common practice. I just had this conversation with my partner.
Thankyou so much for explaining it so well. Loved it. I watch a lot of your videos and they are quite helpful. Keep up the awesome work 👌
I also learn a lot from your video.
*Find people who's strengths, compliment your weaknesses and visa versa.
ANOTHER GREAT VIDEO ;)!
Very nicely complied and informative. Great share of valuable information and experience. Thanks in Advance
Thank you Patrick.
NNNs- non negotiable needs. Jayson Gaddis teaches this in his relationship classes.
I started a business with a partner, she designs I sell to put it shortly. I feel our responsibilities (work) are unequally divided, I am at the end of my strengths. Also I notice our values and visions are different, or what each wants to do. Time to brake up before it moves any further? I don’t think we like each other’s family very much neither 😅
Question: is there a way we can access this in script format? To study it as you suggest, I would love to print it out and analyze it manually. Thanks for this video Patrick.
Patrick, thank you so much for this
I love you
Im going to use your 12 points to discuss with the team tomorrow. Thank you very much.
+Saksit Sangarun excellent.
Patrick, please do interview with Gary V, as you know he's gonna launch his book on March, and I bet he wants to be interviewed by you.
just make sure you bring some NY Jets gift for him.
Can't wait for that to happen , because you and him is really a practitioner
+arif hidayat He reached out to us last month. I think we'll most likely do something together in the next few weeks or months. I'll keep that in mind.
;)
Is this collaboration with Gary still in the works? I've been waiting for this and something with Alpha M for so long