Excellent video! This gift is for you: 1. Not taking time to plan. 2. Not having data around them. 3. Overestimate what they can do. 4. Not knowing what to measure. 5. Not going your research. 6. Not learning new skills. Make a list 3-5 skills set and order top books on the subject. 7. Not having cash. 8. Not preparing for the worst case scenario. 9. Not knowing how to incentivize. 10. Eliminate negative people in your life. / Not cutting the fat. 11. Asking small thinkers for feedback. 12. Focusing too much on competition. 13. Letting competition intimidate you. 14. Not planning with calendar. 15. Not knowing who your next recruits are. 16. Not giving every year a theme. 17. Not having the next five move in order. 18. Going into the year with the wrong partner. 19. Not doing business plan with their team. 20. Keeping the business plan as a secret.
20 common mistakes people make when creating a business plan 1. Lack of Quiet Time 2. Lack of Data
3. Overestimating 4. Lack of Metrics 5. Not Doing Research 6. Not Learning New Skills 7. No Cash on Hand 8. Lack of Preparation 9. Rewards 10. Keeping Toxic People 11. Unwise Council 12. Distracted by Competition 13. Intimidated by Competition 14. Failing to Plan 15. Lack of Recruiting 16. No Theme 17. Not Knowing Your Next Moves 18. Wrong Romantic Relationships 19. Not Casting a Vision 20. Lack of Accountability Thank you so much for your advices . So helpful! WILL POST THEM ON MY WALL AND REMIND MYSELF IN 2021.
100 %.......READ HIS INTERVIEW WITH THE AUTHOR WHO WAS A GENERAL & WROTE "STEALTH WAR" oh my what an interview.....You will be glued to your seat....I have watched it 2 times and tell everyone I talk to about it.....smart man I tell you.....
A little late but here are my notes: A business plan is also a life plan. It's not just limited to business. Consider these aspects: 1. Financial, 2. Family, 3. Business, 4. Health, 5. Personal development, 6. Spiritual Recap the year that has passed: 1. Study trends 2. Good/bad/ugly 3. compare the previous year (i. month to month, and ii. quarter to quarter ) 4. Missed opportunities 5. SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) Look up potential threats 1. Industry 2. Politics 3. Economy 4. Regulation 5. Family/Health/Personal 6. Anticipate expected events in company - Are you on track to meet the events and deadlines that will take place in 2021? Things to anticipate in the company- 1. New hires 2. New products 3. New compensation plan 4. Next 15 moves in every aspect of your life Numbers to measure - Every month's record - Every quarter's record - 2021 goals - Revenue/Net profits - New subscribers/customers Topics to follow in 2021 1. Trade war 2. 5G 3. Brexit 4. Election 5. US/Iran 6. Epstein People to follow closely in 2020 1. President of the US 2. Presidential candidates etc. 3. Stonks man 4. Kushner 4. Musk 5. Dorsey 6. Zuccc People to follow closely in 2021: 1. Donald Trump Jr. 2. Xi Jinping 3. Joe Biden 4. Kamala Harris 5. AOC and the Democrats 6. Michael Osterholm 7. Dwayne Johnson(President?) 8. John Roberts (He votes against the Republicans at times) 9. Jerome Powell (Interest rates) 10. Lebron James Be careful of these- 1. Take time to plan. Quiet time to think is important. 2. Have data: Having numbers is important to compare and judge. Example: Tracking money and value (Checking account, Savings account, Investment, Stocks, Mutual funds, Artefacts, Collectibles, Cards etc) 3. Don't overestimate what you can do in one year: Be realistic, be patient. 4. Know what numbers to measure.: Understand what is the most important data to measure. 5. Do your research: When you have an idea of what is likely to happen, you can take good decisions. 6. Learn new skills:Identify what skills you need to learn for the next year and learn them. Make a list of 3-5 skill sets and order every top book on the subject. 7. Have enough cash: Have enough cash in case of emergencies. 8. Prepare for the worst case scenario: Prepare for unexpected things to happen so they don't take you by shock. 9. Know what to incentivize: Don't spend on what will not give good returns. Plan ahead. Reward and punishment: Keep your word for yourself. 10. Cut the fat with some people in your life : Unfollow toxic and negative people in your life. 11. Don't ask small thinkers for feedback: Ask them in details about the business plan. Somebody who can hold you accountable. 12 and 13. Don't focus too much on competition, don't let them intimidate you. 14: Plan with the calendar: Consider the events that will happen and have them written down. Consider the plan accordingly. 15. Know who you are going to recruit next. 16: Give the year a theme: When you have a theme, you will be emotionally connected to it. 17: Have *your next five moves* in order. (!!!!!) 18. Don't go into the new year with the wrong partner: Can you live with the worst of the person you are in a relationship with? Do your visions match? 19. Do your business plans with your team: Consider your direct reportees in your plan 20. Don't keep your business plan a secret: Don't keep it secret so that you are accountable and take it seriously.
It is so crazy how God sends you directly to something. Here I am in bed reflecting on my life and decisions I’ve made thus far. My mother passed away November 1, 2021 and listen, the pain I feel is unbearable but I used that pain to fuel every business idea I had and have, challenged myself to do 30 days of consistent business planning (on day 8) and all of this fire I felt and feel is due to the fact that I couldn’t bury my mother myself financially. I thought to myself I can’t leave my daughter’s like this and as a single parent (bad decisions) I will bust my butt until the day I am no longer! This video mentioned Nov 18th and today is Nov 18th…I KNOW i am suppose to be here right now at this moment. I say this to say wherever you are your higher being, God, The universe, Allah…will always guide you to exactly where you need to be and stay a front liner for YOU!! You are on the right path. Blessing to you if you are trying…don’t fold you got this!!
YOU ARE AN ABSOLUTE GENIUS. My multi-millionaire great-uncle in New York shared your name on a recent phone call, and I have been watching video after video. I'm literally taking notes with every video. Thank you for sharing the wealth!
My favorite part of this video is the cutting the fat advice. I started off as a casual youtuber and fell into some bad habits to grow my following. The fat I desperately want to cut is of fellow "creators" who only want to grow, but don't want to actually create and serve the community with something of value.From now on, I only want to follow channels and influencers who are DOING something of worth, not just following to be nice
How many millions have you made, Haris King? You’ve named yourself “Million Dollar Dream” because you have dreams and hopes. I’m not convinced you’re providing sound advice, even though I’m sure you’ve got ideas and enthusiasm. You need to know what you are taking action on; thus the reason for a plan. You’re in the right place here with PBD to learn from someone who knows what he’s doing... he’s got the millions most of us are dreaming of. Rather than telling people not to listen, I’d recommend heeding his advice. This is an opportunity for you!
@Shane Jones Who am I opposed to and how did politics just happen? That’s strange. I see a lot of enthusiasm in this man’s name and post... I was encouraging this man to take the energy expended into hopes and dreams to make a doable plan that will help him make those dreams happen. PBD is all about action, and so am I. Clearly, so is Haris King! I’m not sure what your comment is about, but that’s ok. Maybe I just needed to clarify for Haris that he looks like he’s going to go somewhere great, and he’ll be really glad to follow PBD’s guidance. It’s such a blessing to have such wonderful resources available to us, unlike when I was young and had to figure everything out on my own. Have a blessed day Shane! 🙂
Be inspired by competition focus on yourself getting better ..but still be alert of competition is normal...but improve your own circle...compete with bigger dogs!! Use calendar alot write down everything
My Mom passed away from Covid 5- months ago... 2021 DRAGON RISING!!!! I have let go of EVERYONE except 3 people in my life!!! DONE with toxic individuals. Thank you Pat.
Just love how you translate a well know concept of planning into a simple and common sense approach. I sent to my kids to listen too! I’m 55... my boys have decided to work with me over the last year and a bit. I tell them everyday, this was my dream and doesn’t have to be yours. I also tell them that their relationship is much more important to me than this business. If they choose this for their life, their relationship cannot be compromised ever! As a father, that would make me sad to know so I told them they have 5 years to prove to me they can get it right or I’ll sell it and then they can each do their own thing. They each have unique strengths that if managed well, they can be successful in second generation. I enjoy your approach and interviews and would love to see some interviews on successful second generation businesses that could guide us as well. Keep up the awesome work Patrick!!
So I suspected you were a brother, and glad to hear it confirmed. At 70 when I complete this video, or maybe watch it a couple of times as very busy today, but at 70, I'm going to write a plan for the next year. Off to lumber yard to get stock for the rest of the week - Rec-room for my granddaughter, about 75% done. Will pass this on to younger contractors I work with around here. Great stuff, regretting I never learned all this but will make the best of time left. Thanks Pat. PS - committed to Christ at 23, 1973. Old friend said recently, he thought it saved my life - was headed in a bad direction. I'm thankful.
Good morning Pat. Let’s check out your business plan this morning. I’m ready to listen, learn and implement pieces, parts and maybe your entire plan, if sounds good for me. I enjoy all your videos. God bless you.
GLAD YOU ENJOY THIS, but check out his interview with THE AIR FORCE GENERAL , author of "STEALTH WAR" what an interview you do not want to miss this one.....
The 20, as I understood them: 1. 4:50 Quiet time. Plan solitary thinking for an entire day with as much data and materials as you need. 2. 6:30 Data. Keep your data around you and measure it. 3. 7:00 Estimate within scope. Don't over estimate your year and do not under estimate your ten year. 4. 9:38 Important measures. Measure what matters. OKRs. 5. 11:15 Research. Seek out your own information on important matters. 6. 12:30 Up skills. Immerse yourself in 3-5 new skill sets to learn. 7. 14:00 Liquid cash. Emphasize increasing cash reserves to be able to pivot. 8. 15:16 Prepper. Create a standard operating procedure with biz and fam in case of another shut-down. 9. 16:46 Incentive reprograming. If you make a threat or pinky promise, keep your word. 10. 19:55 Unnecessary toxic. Cut out counterproductive relationships from your life. 11. 21:10 Small thinking. Give proper weight to your counsel's advise. 12. 22:25 Aim focus. Zone into what you are doing not on to what the competition is doing. 13. 23:18 Competition inspiration. Inspire your plan by competitors who are not a threat at your level. 14. 24:29 Calendar. Unify all your calendars into one calendar to plan all your events. 15. 25:30 Inner circle. Identify who are going to be the next people you recruit into your life. 16. 26:50 Name your year. Identify the theme of your year and give it a title. 17. 28:10 Next five moves. Come up with next steps for each area of your plan. 18. 29:11 Ball and chain. Consider if your non-spouse partner should stay or go. 19. 30:44 Team plan. Get a pulse on your team by scheduling planning time with each team member. 20. 32:20 Publish the plan. Share your plan to reinforce accountability to yourself.
Thank you. I jounaled all your advice. I prayed and asked God who to listen to as I pray about everything and your channel came up. What spoke to me and confirmed it was when you said you went to Guatemala to give out bibles. And you also spoke about spirituality and how you speak to your pastor. I have little knowledge about things but with your advice and God the giver of wisdom I'll pray I'll get to where I want to be. Thanks for sharing also how you are a family man that's so important.
I thought this video was just too heavy for me as a start up owner but within a few minutes in it, I found myself writing down very important points. Thank you kindly.
You spoke to me when you said some people have big dreams and ideas but never do anything with them. I've been too comfortable for the past 12 yrs but I'm finally shaking this fear and comfort off. I want to be that 1 percent that does something about it.
2020 has been the year of discovering my thirst for personal development. Discovering Patrick RUclips channel has been just luck. I can t skip my treadmill daily session anymore because I can’t do without my 30 mins on Valuetainment. Thank Patrick, you are so motivational and inspiring, you are helping me become a better leader of Akka Kappa Ltd. Greetings from Ghana. Jolanda
Love this guy so much, no filler words, no need for thoughts, just spitting fire with his words said with true intention. Thanks Patrick for the guidance!
Hi Pat, hope you and your family are doing well. I wanted to take the time to let you know how much I appreciate everything you are sharing with your audience here on RUclips, along with your other platforms. I can only imagine the stress and hardship you go through everyday, making these videos, writing things down and sharing them with everyone around you. So I want to say thanks, and thanks a whole lot for your efforts you put in. Sending you a gratitude message is the least I could do, and I hope this can help you like you've been helping all of us for the future. 💪 Stay Healthy Stay Strong
Yeah me too, they've sure kept this guy hidden.....where has he been all this time, I just found him a few weeks ago and can't keep from watching him.....I just wish he didn't talk so fast.....but he does a great interview....,he lets the person talk that he's interviewing instead of butting in like Hannity always does on his show.....he irks me at times....Hannity I want to hear what the other person has to say so shut up and listen.....he does this a lot when he interviews MARK LEVINE I really like and I'm sitting here yelling over the video for Hannity to shut up and let Mark talk.....Levine is a very smart man.....a lot of people can't learn anything because they don't know how to listen.....just sit back & listen and you will be surprise at how much more you can learn.....Talk,talk,talk drives me crazy.....with these interviews.....
Thank you... Been following for years. Never commented until now. You do not have to do this. We are just peons living in a controlled world... Thank you. Good thing is... for now we still live in a world where hard work will be rewarded.
I named the year 2020 the Year of Alignment. I did it when I started doing research like tu said and noticed I had been voting against my values as well as the general awareness of what is happening in the US and the world. This year I started putting my life in order
When you write a business plan, you write it down as if you are going to war inorder to win that WAR! How to use military tactics and strategies in business requires discipline, a well organized structure, rules and regulations with flexibility and feedback built into them. BE UNPREDICTABLE TO YOUR PRESENT AND WOULD BE FUTURE COMPETITORS. Be ready to bypass obstacles and go toward the target while containing all obstacles and allowing them to surrender to you.
Part of the problem I've had is looking at other people's data instead of my own. I love this channel so much. Edit: Even as a small enterprise cash is most definitely king.
I just received your book from Amazon...and I sent one to my friend who is a Investor Relationship Manager and I also sent one to my 30 year old niece who has enterprising mind. Thank you.
@@sherlockhobbes423 alright brotha. I will come back with a link. My responsibility is to tell you as fellow internet user what's good and whats bad but alright. Gimme a little time.
Disagree....the reason people remain poor is they have the wrong Spouse.....haven't you heard ??? Behind every good man there is a good Woman.....??? or something like this, I have heard it all my life but now no one seems to know what it is !!!! The man always gets all the credit for everything, and he could not have done what he's done without a having a good woman .....get my point ???
* existing companies need a business plan *more of a life plan for the ceo *recap past year, with numbers *write threats *take time to plan, a day would be good with no distractions, with business information so there won't be any guess work. It will be easier to compare and set proper goals * do not overestimate what you can do in a year and underestimate what you can do in 5 to 10 years * not knowing what to measure, estimate based on the most important data you have * not enough research on important subjects eg how other pandemics fared so you can plan well around it * learn new skill set every year, 3-5 would be good, be better * you must have cash just in case of anything either problems or opportunities * not preparing for worst case scenarios, we must be ready for anything * not knowing how to incentivize - keeping promises to self and others after a goal had been reached * unfollow people who are negative or toxic * dont ask small thinkers about their opinion but find people who will ask you searching questions * do not focus on competition, competitors, look/study the market know what they are doing and focus on you, your growth * do not let competition intimidate you, be inspired by them * plan with calendar, mark all important dates to you eg stock take etc * know who you need to recruit, advisors, friends, mentors, etc, * every year needs a theme for the company so that everyone will resonate with it, year of growth, expansion, * have next 5-10 next moves for each and every goal, most will not do it * do business plan with key leaders *do not keep your business plan a secret, everyone must take some of the pressure
Well I'm glad it is free, he has already given this info out and gotten paid for it I'm sure and written books, so now he is giving back and that's the reason he's rich .....but don't know if he would own up to being rich.....LOL....
Advertise on this Free Speech/Social Media Site/Not Censored Not Affiliated with Google/ Totally Independent - Various Chat Groups-Upload Videos, Create your profile And much more.. Multi Language-- Let customers/clients your business existence Low Cost Business Advertising Month to Month. Your business is not Listed? Let us know www.transparentthoughts.com Spread the word REALTORS Only $60 to place your business card or Video Ad (month to month) Only $125 to post your Residential Listings (unlimited)Per Month Only $135 to post your Commercial Listing (unlimited) Per Month Only $119 to post your Residential Rentals (unlimited) Per Month Only $129 to post your Commercial Rentals (unlimited) Per Month DIRECT PROPERTY SELLERS Post your RESIDENTIAL Property and your email for ONLY $245 per month DIRECT COMMERCIAL SELLERS: Post your Commercial Property for ONLY $285 per month MEDICAL Professionals & Other Professionals Advertise (MONTH to MONTH) from $115 - $ 285 Average.. Direct Job Posting $55 per month Trade Business - Food & General Business Advertise(MONTH to MONTH) from $75 - $ 250 - Including Mortgagors, Finance plus a long list of Businesses/Go to Business Memberships on top of page and choose which category fits your Business. Let customers/clients your business existence. Month to Month Very Low Pricing/Please spread the word. www.transparentthoughts.com Thanks
there is the classic store let's call it 1.0 products almost never change the owner chose the products it is boring now, there must be a new store let's call it 2.0 products always change people choose the products there will be via an app on the app, there is a huge catalog, people choose the products that will show up in the store the store is constantly being supplied with the products people choose
This is the most substantial video by Pat this whole 2020. It's really the best and most useful video for people this year ,but has one of the lowest views sadly.
Measure your certain data point figure out which ones make you better... Talents of employees, calls, grassroot, secretaries, etc...have more than one hustle man
Thank you for that statement Mr. Patrick. I never said it but that makes more sense. A business plan should be a life plan, I've been mentally trying to focus on a business plan (concepts) without considering the rest of my life.
Spot on. Most people confuse plans with wishes. Another way I like to rephrase is to have a vision for your business. vision/plan is more attainable because it is backed up with actionable steps. As you pointed out, vision is more holistic. Thanks.
Oh that's because all we need to worry about is China & Patrick knows this.....you should watch some of his videos that state this too....when you get a chance watch the Video where he interviews the guy who wrote "STEALTH WAR" sorry can't think of his name but he was General and went to China to learn their language and he learned much more than that !!! You just have to go watch it.....I wrote info down, here somewhere....but you should be able to find it this way.....I think he has done more interviews than one with this General.....but just look up the Author of "STEALTH WAR" .....
Like clock work, I setup my calendar with ALL events, birthdays, etc to be ahead of the game! Definitely recommend to do it. I do need to improve with my business plan, although I do look at it, but it can be better in my process.
Always coming through with realistic expectations. I definitely need to find people that hold me accountable. I know that the circle I have around me have small minds (nothing wrong with that) because they never give me great feedback, they only say, "good for you" or "that's good", and I immediately change the conversation because everything gets quiet and awkward 😅
That's because they are JEALOUS of you, like they've been of Trump.....forget them and get on with your life and do what you want to do ...........with friends like that who needs enemies......??
I punder on how my retirement experience would generally feel like because I've not yet been able to save enough money and according to my spreadsheet I'm 9 years closer to my retirement schedule.
You can start by investing in the forex market, it's one of the most liquidated market in the world with no limit to profits and in less than two months you should start saving in a bigger volume.
forex isn't like any other work as you must learn the basics and then practice before engaging in real time. unfortunately, You can benefit handsomely from an investment adviser's strategies and trading software while learning from your portfolio.
I get to earn a biweekly trading income of £19,000 pioneered by Mr Carlton Jefferson,ensuring sustainable profitability in my investments. I’d say things are working out perfect
Carlton gave me everything I needed and the perfect basis to begin trading. I value his stand on minimizing risk because this is something I haven't seen on other website and tutorials. greetings from the UK
I recently saw a series called "Young Rock". It stars the Rock running for president in year 2032 and it reflects to his childhood. Episode 1 aired on February 16, 2021. It's crazy how perfectly you called that.
Great advice on the small thinker/big thinker, even for ourselves...to remember to be objective with others. Otherwise, you're not really helping them or adding value.
Take courses on those 3 to 5 skills like me I want to get better at options trading just now learned about how much profit in it ...and I'm great at picking stocks all you need is a few nice plays and you automatically it's a given to double an triple your money minimum!!! So easy just got to put the work in... I 6x my money without options before i learned about options...and I'm great at hitting my mark on what prices of stocks will be in the future ...all you need is a few every year
You are so amazing and I appreciate you helping folks like us. If I would have had you as my teacher back in my school days, I might have been further down the road. I’m following you and your guides now.
I really appreciate the topics you pick to discuss. I like your content with those topics, as well. You bring a really honest and straightforward approach. Thanks!
She has been trading for me, her techniques is marvelous, she made me see binary options and forex trade from another angle, I keep making profit monthly.
Thank you Patrick, it has been obvious to me but I was ignoring the fact that both my spiritual and marriage relationship are severely strained. This is also severely effecting my relationship with my children, so my self confidence and ability to do well in my business planning and stick-toitivness, has been a huge struggle. I need to step back work on those most important relationships first before I can continue in business.
![How to Write a Business Plan [Powerful Step by Step Approach]](/img/1.gif)
Nobody on the streets of RUclips actually give this much of information. Thank you so much 🙏😄
Excellent video! This gift is for you:
1. Not taking time to plan.
2. Not having data around them.
3. Overestimate what they can do.
4. Not knowing what to measure.
5. Not going your research.
6. Not learning new skills. Make a list 3-5 skills set and order top books on the subject.
7. Not having cash.
8. Not preparing for the worst case scenario.
9. Not knowing how to incentivize.
10. Eliminate negative people in your life. / Not cutting the fat.
11. Asking small thinkers for feedback.
12. Focusing too much on competition.
13. Letting competition intimidate you.
14. Not planning with calendar.
15. Not knowing who your next recruits are.
16. Not giving every year a theme.
17. Not having the next five move in order.
18. Going into the year with the wrong partner.
19. Not doing business plan with their team.
20. Keeping the business plan as a secret.
Thank you.
Mahalo!
#thankyou
20 common mistakes people make when creating a business plan
1. Lack of Quiet Time
2. Lack of Data
3. Overestimating
4. Lack of Metrics
5. Not Doing Research
6. Not Learning New Skills
7. No Cash on Hand
8. Lack of Preparation
9. Rewards
10. Keeping Toxic People
11. Unwise Council
12. Distracted by Competition
13. Intimidated by Competition
14. Failing to Plan
15. Lack of Recruiting
16. No Theme
17. Not Knowing Your Next Moves
18. Wrong Romantic Relationships
19. Not Casting a Vision
20. Lack of Accountability
Thank you so much for your advices . So helpful!
WILL POST THEM ON MY WALL AND REMIND MYSELF IN 2021.
Hello Yan🥰🥰
Who on the internet give you this kind of information. Nobody.
Thanks Pat
100 %.......READ HIS INTERVIEW WITH THE AUTHOR WHO WAS A GENERAL & WROTE "STEALTH WAR" oh my what an interview.....You will be glued to your seat....I have watched it 2 times and tell everyone I talk to about it.....smart man I tell you.....
A little late but here are my notes:
A business plan is also a life plan.
It's not just limited to business.
Consider these aspects:
1. Financial,
2. Family,
3. Business,
4. Health,
5. Personal development,
6. Spiritual
Recap the year that has passed:
1. Study trends
2. Good/bad/ugly
3. compare the previous year (i. month to month, and ii. quarter to quarter
)
4. Missed opportunities
5. SWOT analysis (Strengths, Weaknesses, Opportunities, Threats)
Look up potential threats
1. Industry
2. Politics
3. Economy
4. Regulation
5. Family/Health/Personal
6. Anticipate expected events in company
- Are you on track to meet the events and deadlines that will take place in 2021?
Things to anticipate in the company-
1. New hires
2. New products
3. New compensation plan
4. Next 15 moves in every aspect of your life
Numbers to measure
- Every month's record
- Every quarter's record
- 2021 goals
- Revenue/Net profits
- New subscribers/customers
Topics to follow in 2021
1. Trade war
2. 5G
3. Brexit
4. Election
5. US/Iran
6. Epstein
People to follow closely in 2020
1. President of the US
2. Presidential candidates etc.
3. Stonks man
4. Kushner
4. Musk
5. Dorsey
6. Zuccc
People to follow closely in 2021:
1. Donald Trump Jr.
2. Xi Jinping
3. Joe Biden
4. Kamala Harris
5. AOC and the Democrats
6. Michael Osterholm
7. Dwayne Johnson(President?)
8. John Roberts (He votes against the Republicans at times)
9. Jerome Powell (Interest rates)
10. Lebron James
Be careful of these-
1. Take time to plan. Quiet time to think is important.
2. Have data: Having numbers is important to compare and judge. Example: Tracking money and value (Checking account, Savings account, Investment, Stocks, Mutual funds, Artefacts, Collectibles, Cards etc)
3. Don't overestimate what you can do in one year: Be realistic, be patient.
4. Know what numbers to measure.: Understand what is the most important data to measure.
5. Do your research: When you have an idea of what is likely to happen, you can take good decisions.
6. Learn new skills:Identify what skills you need to learn for the next year and learn them. Make a list of 3-5 skill sets and order every top book on the subject.
7. Have enough cash: Have enough cash in case of emergencies.
8. Prepare for the worst case scenario: Prepare for unexpected things to happen so they don't take you by shock.
9. Know what to incentivize: Don't spend on what will not give good returns. Plan ahead. Reward and punishment: Keep your word for yourself.
10. Cut the fat with some people in your life : Unfollow toxic and negative people in your life.
11. Don't ask small thinkers for feedback: Ask them in details about the business plan. Somebody who can hold you accountable.
12 and 13. Don't focus too much on competition, don't let them intimidate you.
14: Plan with the calendar: Consider the events that will happen and have them written down. Consider the plan accordingly.
15. Know who you are going to recruit next.
16: Give the year a theme: When you have a theme, you will be emotionally connected to it.
17: Have *your next five moves* in order. (!!!!!)
18. Don't go into the new year with the wrong partner: Can you live with the worst of the person you are in a relationship with? Do your visions match?
19. Do your business plans with your team: Consider your direct reportees in your plan
20. Don't keep your business plan a secret: Don't keep it secret so that you are accountable and take it seriously.
21:30 a person to be accountable
Wishlist vs plan
24:25 mindset
Everybody sells courses, PBD shares the wisdom and knowledge for free. Incredible man
It is so crazy how God sends you directly to something. Here I am in bed reflecting on my life and decisions I’ve made thus far. My mother passed away November 1, 2021 and listen, the pain I feel is unbearable but I used that pain to fuel every business idea I had and have, challenged myself to do 30 days of consistent business planning (on day 8) and all of this fire I felt and feel is due to the fact that I couldn’t bury my mother myself financially. I thought to myself I can’t leave my daughter’s like this and as a single parent (bad decisions) I will bust my butt until the day I am no longer! This video mentioned Nov 18th and today is Nov 18th…I KNOW i am suppose to be here right now at this moment. I say this to say wherever you are your higher being, God, The universe, Allah…will always guide you to exactly where you need to be and stay a front liner for YOU!! You are on the right path. Blessing to you if you are trying…don’t fold you got this!!
YOU ARE AN ABSOLUTE GENIUS. My multi-millionaire great-uncle in New York shared your name on a recent phone call, and I have been watching video after video. I'm literally taking notes with every video. Thank you for sharing the wealth!
My favorite part of this video is the cutting the fat advice. I started off as a casual youtuber and fell into some bad habits to grow my following. The fat I desperately want to cut is of fellow "creators" who only want to grow, but don't want to actually create and serve the community with something of value.From now on, I only want to follow channels and influencers who are DOING something of worth, not just following to be nice
*I wouldn't stress too much about writing a business plan*
The MOST important thing is taking action 😤💯💯
If you haven't written it down. You haven't thought about it enough. Ask a psychologist!
How many millions have you made, Haris King? You’ve named yourself “Million Dollar Dream” because you have dreams and hopes. I’m not convinced you’re providing sound advice, even though I’m sure you’ve got ideas and enthusiasm. You need to know what you are taking action on; thus the reason for a plan. You’re in the right place here with PBD to learn from someone who knows what he’s doing... he’s got the millions most of us are dreaming of. Rather than telling people not to listen, I’d recommend heeding his advice. This is an opportunity for you!
@Shane Jones Who am I opposed to and how did politics just happen? That’s strange. I see a lot of enthusiasm in this man’s name and post... I was encouraging this man to take the energy expended into hopes and dreams to make a doable plan that will help him make those dreams happen. PBD is all about action, and so am I. Clearly, so is Haris King! I’m not sure what your comment is about, but that’s ok. Maybe I just needed to clarify for Haris that he looks like he’s going to go somewhere great, and he’ll be really glad to follow PBD’s guidance. It’s such a blessing to have such wonderful resources available to us, unlike when I was young and had to figure everything out on my own. Have a blessed day Shane! 🙂
You may forget what actions to do so writing them down will remove that concern
Be inspired by competition focus on yourself getting better ..but still be alert of competition is normal...but improve your own circle...compete with bigger dogs!!
Use calendar alot write down everything
My Mom passed away from Covid 5- months ago... 2021 DRAGON RISING!!!! I have let go of EVERYONE except 3 people in my life!!! DONE with toxic individuals. Thank you Pat.
Just love how you translate a well know concept of planning into a simple and common sense approach. I sent to my kids to listen too!
I’m 55... my boys have decided to work with me over the last year and a bit. I tell them everyday, this was my dream and doesn’t have to be yours. I also tell them that their relationship is much more important to me than this business. If they choose this for their life, their relationship cannot be compromised ever! As a father, that would make me sad to know so I told them they have 5 years to prove to me they can get it right or I’ll sell it and then they can each do their own thing. They each have unique strengths that if managed well, they can be successful in second generation.
I enjoy your approach and interviews and would love to see some interviews on successful second generation businesses that could guide us as well.
Keep up the awesome work Patrick!!
I'm sick and tired of just being a thinker!🦅 future looks bright!🙏🏽
A whole I was searching the internet for a video like this. It s like you heard my prayers. Thanks Patrick! You are the king!
Man I absolutely love this channel. You’re like a mentor who’s directly coaching me!
So I suspected you were a brother, and glad to hear it confirmed. At 70 when I complete this video, or maybe watch it a couple of times as very busy today, but at 70, I'm going to write a plan for the next year. Off to lumber yard to get stock for the rest of the week - Rec-room for my granddaughter, about 75% done.
Will pass this on to younger contractors I work with around here. Great stuff, regretting I never learned all this but will make the best of time left.
Thanks Pat. PS - committed to Christ at 23, 1973. Old friend said recently, he thought it saved my life - was headed in a bad direction. I'm thankful.
Pat, I've been watching Valuetainment for years now. You've help me come a long way. Thank you, hope you and your family are doing well. Stay great.
Good morning Pat. Let’s check out your business plan this morning. I’m ready to listen, learn and implement pieces, parts and maybe your entire plan, if sounds good for me. I enjoy all your videos. God bless you.
GLAD YOU ENJOY THIS, but check out his interview with THE AIR FORCE GENERAL , author of "STEALTH WAR" what an interview you do not want to miss this one.....
The 20, as I understood them:
1. 4:50 Quiet time. Plan solitary thinking for an entire day with as much data and materials as you need.
2. 6:30 Data. Keep your data around you and measure it.
3. 7:00 Estimate within scope. Don't over estimate your year and do not under estimate your ten year.
4. 9:38 Important measures. Measure what matters. OKRs.
5. 11:15 Research. Seek out your own information on important matters.
6. 12:30 Up skills. Immerse yourself in 3-5 new skill sets to learn.
7. 14:00 Liquid cash. Emphasize increasing cash reserves to be able to pivot.
8. 15:16 Prepper. Create a standard operating procedure with biz and fam in case of another shut-down.
9. 16:46 Incentive reprograming. If you make a threat or pinky promise, keep your word.
10. 19:55 Unnecessary toxic. Cut out counterproductive relationships from your life.
11. 21:10 Small thinking. Give proper weight to your counsel's advise.
12. 22:25 Aim focus. Zone into what you are doing not on to what the competition is doing.
13. 23:18 Competition inspiration. Inspire your plan by competitors who are not a threat at your level.
14. 24:29 Calendar. Unify all your calendars into one calendar to plan all your events.
15. 25:30 Inner circle. Identify who are going to be the next people you recruit into your life.
16. 26:50 Name your year. Identify the theme of your year and give it a title.
17. 28:10 Next five moves. Come up with next steps for each area of your plan.
18. 29:11 Ball and chain. Consider if your non-spouse partner should stay or go.
19. 30:44 Team plan. Get a pulse on your team by scheduling planning time with each team member.
20. 32:20 Publish the plan. Share your plan to reinforce accountability to yourself.
Thank you!
@@ravbadial8856 yes....THANK YOU !!!👋🏻😊
"What gets measured gets improved"
Thank you. I jounaled all your advice. I prayed and asked God who to listen to as I pray about everything and your channel came up. What spoke to me and confirmed it was when you said you went to Guatemala to give out bibles. And you also spoke about spirituality and how you speak to your pastor. I have little knowledge about things but with your advice and God the giver of wisdom I'll pray I'll get to where I want to be. Thanks for sharing also how you are a family man that's so important.
I thought this video was just too heavy for me as a start up owner but within a few minutes in it, I found myself writing down very important points. Thank you kindly.
You spoke to me when you said some people have big dreams and ideas but never do anything with them. I've been too comfortable for the past 12 yrs but I'm finally shaking this fear and comfort off. I want to be that 1 percent that does something about it.
2020 has been the year of discovering my thirst for personal development. Discovering Patrick RUclips channel has been just luck. I can t skip my treadmill daily session anymore because I can’t do without my 30 mins on Valuetainment. Thank Patrick, you are so motivational and inspiring, you are helping me become a better leader of Akka Kappa Ltd. Greetings from Ghana. Jolanda
Watching this end of January 2021, the accuracy!
Mr. Bet-David you are my role-model. I'd just like you to know that, and I'd like to say I'm really grateful you exist. Thank you.
100%
Love this guy so much, no filler words, no need for thoughts, just spitting fire with his words said with true intention.
Thanks Patrick for the guidance!
Hi Pat, hope you and your family are doing well. I wanted to take the time to let you know how much I appreciate everything you are sharing with your audience here on RUclips, along with your other platforms. I can only imagine the stress and hardship you go through everyday, making these videos, writing things down and sharing them with everyone around you. So I want to say thanks, and thanks a whole lot for your efforts you put in. Sending you a gratitude message is the least I could do, and I hope this can help you like you've been helping all of us for the future. 💪 Stay Healthy Stay Strong
Love Valuetainment! I just started listening about 3 months ago and it's changed my life tremendously. I wish I would've known about this sooner.
Yeah me too, they've sure kept this guy hidden.....where has he been all this time, I just found him a few weeks ago and can't keep from watching him.....I just wish he didn't talk so fast.....but he does a great interview....,he lets the person talk that he's interviewing instead of butting in like Hannity always does on his show.....he irks me at times....Hannity I want to hear what the other person has to say so shut up and listen.....he does this a lot when he interviews MARK LEVINE I really like and I'm sitting here yelling over the video for Hannity to shut up and let Mark talk.....Levine is a very smart man.....a lot of people can't learn anything because they don't know how to listen.....just sit back & listen and you will be surprise at how much more you can learn.....Talk,talk,talk drives me crazy.....with these interviews.....
Thank you... Been following for years. Never commented until now. You do not have to do this. We are just peons living in a controlled world... Thank you. Good thing is... for now we still live in a world where hard work will be rewarded.
I named the year 2020 the Year of Alignment. I did it when I started doing research like tu said and noticed I had been voting against my values as well as the general awareness of what is happening in the US and the world. This year I started putting my life in order
When you think about it - it is a dream!
When you write it down - now it is a plan! 😉🥂
When plan is executed - dream come true!
i see you every where .
When you write a business plan, you write it down as if you are going to war inorder to win that WAR! How to use military tactics and strategies in business requires discipline, a well organized structure, rules and regulations with flexibility and feedback built into them. BE UNPREDICTABLE TO YOUR PRESENT AND WOULD BE FUTURE COMPETITORS. Be ready to bypass obstacles and go toward the target while containing all obstacles and allowing them to surrender to you.
Ma'am Thank you so much.
@@trantran7064 sometimes
This is so awesome! I took notes through the whole video and I'm going to start my business plan TOMORROW
My first video. I have aspirations and I love connections. I’m saying this with my whole heart: I need this man in my social circle.
Part of the problem I've had is looking at other people's data instead of my own. I love this channel so much.
Edit: Even as a small enterprise cash is most definitely king.
I just received your book from Amazon...and I sent one to my friend who is a Investor Relationship Manager and I also sent one to my 30 year old niece who has enterprising mind. Thank you.
Wish list is completely different than business plan. Thank you for that reality check! 💯
Imagine Pat talking with Dan Pena for 3 hours. Quality Content as always.
Hes a bullshitter bro, u should do sum reasearch on that "billion" dollar man
@@mr.e9778 I think you should do "sum reasearch" and offer a link to back your claims
@@sherlockhobbes423 alright brotha. I will come back with a link.
My responsibility is to tell you as fellow internet user what's good and whats bad but alright. Gimme a little time.
@@mr.e9778 Your responsibility is to cite, specially when you mention something you pull outta your ass.
Disagree....the reason people remain poor is they have the wrong Spouse.....haven't you heard ??? Behind every good man there is a good Woman.....??? or something like this, I have heard it all my life but now no one seems to know what it is !!!! The man always gets all the credit for everything, and he could not have done what he's done without a having a good woman .....get my point ???
* existing companies need a business plan
*more of a life plan for the ceo
*recap past year, with numbers
*write threats
*take time to plan, a day would be good with no distractions, with business information so there won't be any guess work. It will be easier to compare and set proper goals
* do not overestimate what you can do in a year and underestimate what you can do in 5 to 10 years
* not knowing what to measure, estimate based on the most important data you have
* not enough research on important subjects eg how other pandemics fared so you can plan well around it
* learn new skill set every year, 3-5 would be good, be better
* you must have cash just in case of anything either problems or opportunities
* not preparing for worst case scenarios, we must be ready for anything
* not knowing how to incentivize - keeping promises to self and others after a goal had been reached
* unfollow people who are negative or toxic
* dont ask small thinkers about their opinion but find people who will ask you searching questions
* do not focus on competition, competitors, look/study the market know what they are doing and focus on you, your growth
* do not let competition intimidate you, be inspired by them
* plan with calendar, mark all important dates to you eg stock take etc
* know who you need to recruit, advisors, friends, mentors, etc,
* every year needs a theme for the company so that everyone will resonate with it, year of growth, expansion,
* have next 5-10 next moves for each and every goal, most will not do it
* do business plan with key leaders
*do not keep your business plan a secret, everyone must take some of the pressure
Plan your work, work your plan. Health, Wealth, love balance.
Literally
would've been willing to pay a lot of $$$ for access to this video.
The fact that this is free... Blows my mind.
Well I'm glad it is free, he has already given this info out and gotten paid for it I'm sure and written books, so now he is giving back and that's the reason he's rich .....but don't know if he would own up to being rich.....LOL....
When you improve your skills, you improve your character 💯
I feel for London and I feel for you Brian. Praying that you will absolutely make a difference!
God bless you brother!
For all the wisdom you share .
Thank you 🙏🏽
The individual with plans closer to reality is the one that will succeed.
You haven't heard of GC son
@@ln3041 Damn that's crazy.
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- not Grant Cardone 😂
there is the classic store
let's call it 1.0
products almost never change
the owner chose the products
it is boring
now, there must be a new store
let's call it 2.0
products always change
people choose the products there will be via an app
on the app, there is a huge catalog, people choose the products that will show up in the store
the store is constantly being supplied with the products people choose
Man I wish you could run for president one day SMH your story is what the American dream is all about I believe you can insight hope again
My mom actually got me to read by paying me to read as I hated reading but now I love reading and writing so much im going to write books
This is the most substantial video by Pat this whole 2020. It's really the best and most useful video for people this year ,but has one of the lowest views sadly.
I went to Zion this year. With no phone for 4 days! Came back a new person. Now I on pace to be a millionaire
Action and execution create results.
Completly agree with you and is for the reasons that you explained that we're always focus on control, details to score and save our business mission
Lotta advice everywhere. I listen to you because your faith.
Measure your certain data point figure out which ones make you better...
Talents of employees, calls, grassroot, secretaries, etc...have more than one hustle man
Patrick, you are a true leader and inspiration. I trust a lot of your advice which is rare these days.
Thank you for that statement Mr. Patrick. I never said it but that makes more sense. A business plan should be a life plan, I've been mentally trying to focus on a business plan (concepts) without considering the rest of my life.
Anyone else coming back in December to get their life BP ready for next year?
Just a reminder, finish the year strong this month instead of waiting until next year to get started.
This guy educates me every video!
Let's do it! 💪🏾
100 %
Nothing but value here - big respect Patrick.
This man right here is helping me become a man, I LOVE YOU BROTHER
Thanks PBD for helping us improve, your one of the few that gives actual practical advice
Spot on. Most people confuse plans with wishes. Another way I like to rephrase is to have a vision for your business. vision/plan is more attainable because it is backed up with actionable steps. As you pointed out, vision is more holistic. Thanks.
The segment on working on the business plan with the team and how it broke down how to do it revealed an aha moment in there for me - thanks PBD
Recruiting....I like that term. For 2021 I want to recruit advisors, mentors, investors, partners, and contract workers
Patrick this is gold 👌
I am surprised you didn't include the big tech guys on the list of "those" to watch in 2021.
Oh that's because all we need to worry about is China & Patrick knows this.....you should watch some of his videos that state this too....when you get a chance watch the Video where he interviews the guy who wrote "STEALTH WAR" sorry can't think of his name but he was General and went to China to learn their language and he learned much more than that !!! You just have to go watch it.....I wrote info down, here somewhere....but you should be able to find it this way.....I think he has done more interviews than one with this General.....but just look up the Author of "STEALTH WAR" .....
Totally agree Pat. An objective without a strategy is just a wish.
Great info! I run a consulting business who makes RUclips videos as well, and it's great to see people like you helping others grow in their business.
Hello Susan 🥰
Like clock work, I setup my calendar with ALL events, birthdays, etc to be ahead of the game! Definitely recommend to do it. I do need to improve with my business plan, although I do look at it, but it can be better in my process.
Hello Miriam
I believe we do choose our family. And the family is the best environment to develop Christlike attributes.
Thank you! This is the cycle where I get SERIOUS about my business, finances, and building a solid team with the same vision!
Always coming through with realistic expectations. I definitely need to find people that hold me accountable. I know that the circle I have around me have small minds (nothing wrong with that) because they never give me great feedback, they only say, "good for you" or "that's good", and I immediately change the conversation because everything gets quiet and awkward 😅
That's because they are JEALOUS of you, like they've been of Trump.....forget them and get on with your life and do what you want to do ...........with friends like that who needs enemies......??
This episode is GOLD!!! And it’s perfect timing!!! THANK YOU!!! And I love your accent!
So much energy! So much information in the general life goals and building success.
Can you make a video about the importance of setting up a deadline for a project, what are the things to consider to set a realistic deadline...
Loved this. Taking it serious. Felt like you were talking to me directly from within that room
I've been a winger all my life. Let's change that for 2021.
I punder on how my retirement experience would generally feel like because I've not yet been able to save enough money and according to my spreadsheet I'm 9 years closer to my retirement schedule.
You can start by investing in the forex market, it's one of the most liquidated market in the world with no limit to profits and in less than two months you should start saving in a bigger volume.
forex isn't like any other work as you must learn the basics and then practice before engaging in real time. unfortunately, You can benefit handsomely from an investment adviser's strategies and trading software while learning from your portfolio.
I get to earn a biweekly trading income of £19,000 pioneered by Mr Carlton Jefferson,ensuring sustainable profitability in my investments. I’d say things are working out perfect
Carlton gave me everything I needed and the perfect basis to begin trading. I value his stand on minimizing risk because this is something I haven't seen on other website and tutorials. greetings from the UK
Trading got more easier with Carlton Jefferson
Taking Notes 📝 Thanks .... 2021 will be BIG
Thank you for sharing David, may God continue blessing you mightly!!!
Patrick, thank you for putting this all together...here's to a wonderful 2021!
This is great for anyone that is looking to better themselves and their future.
It's an aye opening for 2021 good job @pat,.
I recently saw a series called "Young Rock". It stars the Rock running for president in year 2032 and it reflects to his childhood. Episode 1 aired on February 16, 2021. It's crazy how perfectly you called that.
Great advice on the small thinker/big thinker, even for ourselves...to remember to be objective with others. Otherwise, you're not really helping them or adding value.
Take courses on those 3 to 5 skills like me I want to get better at options trading just now learned about how much profit in it ...and I'm great at picking stocks all you need is a few nice plays and you automatically it's a given to double an triple your money minimum!!! So easy just got to put the work in... I 6x my money without options before i learned about options...and I'm great at hitting my mark on what prices of stocks will be in the future ...all you need is a few every year
You are so amazing and I appreciate you helping folks like us. If I would have had you as my teacher back in my school days, I might have been further down the road. I’m following you and your guides now.
100 %
Absolutely love the way you present and follow up with a pdf. Lots of good reminders and guidance.
Page 5 of the Biz Plan PDF is excellent. Best lay out for results, straight forward. Thanks VT team!
One of your best be real and looking forward videos I've seen! Thanks for making it!
Your ministry is blessing me
I really appreciate the topics you pick to discuss. I like your content with those topics, as well. You bring a really honest and straightforward approach. Thanks!
so happy i stumbled upon your channel, you sir are a breath of fresh air and a mega leader. THANK YOU FOR THE INSPIRATION
You're such a blessing man. So glad I found this channel. 🙏
Wow God bless you this is Gold
Your content is always on point. I appreciate your dedication and solid information!
Thanks for the video
Sometimes i wonder how people get rich at these days.
She has been trading for me, her techniques is marvelous, she made me see binary options and forex trade from another angle, I keep making profit monthly.
Thank you Patrick, it has been obvious to me but I was ignoring the fact that both my spiritual and marriage relationship are severely strained. This is also severely effecting my relationship with my children, so my self confidence and ability to do well in my business planning and stick-toitivness, has been a huge struggle. I need to step back work on those most important relationships first before I can continue in business.
Hello Rosemarie 🥰
The best video business video I've seen this December! Greatly appreciated work here! 👏