Hiring Your First Employee as an Entrepreneur

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  • Опубликовано: 27 фев 2017
  • For detailed notes for this video, visit www.patrickbetdavid.com/hiring...
    You're an entrepreneur. You just started a business, and you're asking the question everybody struggles with. "Who do I hire first as my first employee?" Do I hire somebody in sales, marketing, operations, accounting, finance, product development, legal? Who do I hire first? Answering that question when hiring your first employee is a very simple answer that I get into in this video.
    Visit the official Valuetainment Store for gear: www.valuetainmentstore.com/
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    Valuetainment- The best channel for new, startup and established entrepreneurs.
    Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics.

Комментарии • 323

  • @VALUETAINMENT
    @VALUETAINMENT  4 года назад +7

    Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid

    • @ivansandoval946
      @ivansandoval946 3 года назад

      Hi Patrick! Would you give me some advice? I've noticed some of my greatest weaknesses are related to coding. How do i get my first software dev to build the inner structure of an app without having him stealing/replicating the main idea? Thanks in advance man. This young enthusiastic boy sends his greetings from Argentina.

  • @pocketman5510
    @pocketman5510 7 лет назад +194

    Steve Jobs couldn't actually code. He was good at electronics but not as good as he was at Sales, Marketing, branding and design. However Wozniak was the opposite; an INSANE engineer in electronics and coding however was super introverted and wanted to give the Apple 1 away for free (and did at first). The two complemented each other perfectly. Great video Pat

    • @matthewk1878
      @matthewk1878 Год назад +1

      This is true; listening to Jobs' biography right now!

    • @Cyrus0w
      @Cyrus0w 10 месяцев назад +1

      @pocketman5510 Wow! This is a perfect example of hiring your opposite strength thank you

    • @andreimitrica77
      @andreimitrica77 2 месяца назад

      Extreme capitalism wins again …

  • @buckledealer
    @buckledealer 7 лет назад +52

    Forget theories! I'm learning from Valuetainment!!!

    • @NuCents44
      @NuCents44 4 года назад

      Eli Allen I agree lol

  • @DaveTalksBusiness
    @DaveTalksBusiness 3 года назад +22

    This is awesome! One piece of advice I would add is the incredible importance of having having written copy for your processes. To new business owners, your company is what you write. When it comes time to onboard staff you will have the tasks you want to delegate on hand, in writing and ready to go for your job description!

  • @100ralfus
    @100ralfus 7 лет назад +169

    I dont want to be a millionaire..I have to be!

  • @LifeMasterz
    @LifeMasterz 7 лет назад +82

    Dam, I swear that these videos come out exactly when I need. I am literally in the process of picking my first partner/employee and i've been debating. The part about picking someone who is like you is so right. I realize I was not moving forward because It was "fun" to think about someone with my same skills along side but at the end of the day, I need to focus on fixing the weaknesses. TY!

    • @crevthabeing
      @crevthabeing 7 лет назад +2

      Life Masterz same here man, I knew off the rip I couldn't choose friends. Wish you the best in your journey.

    • @polaadillaaa3219
      @polaadillaaa3219 7 лет назад +2

      Life Masterz buddy remember if you want to grow yourself and your business
      Then its all about good leads sales and marketing thats bussiness

    • @RomanLeBg
      @RomanLeBg 4 года назад +2

      Hi, has your company worked out ? Just for curiosity

    • @pakalzhub9654
      @pakalzhub9654 3 года назад

      I am so in your position right now. a rising businessman hiring a friend and a perfect equal. didint seem to work out in the long run. 2020 sucks

  • @rogeliogamez5377
    @rogeliogamez5377 3 года назад +5

    Not a lot of people watch this 4 years later I’m sure but what id like to say is we are truly blessed and lucky to have this man. We have seen him apply his own discoveries that he has taught us over years and the proof is literally all there. He has duplicated his buisiness over and over again. One of my biggest role models❗️

  • @hanryfloreschan
    @hanryfloreschan 7 лет назад +21

    Thank you Lord I took engineering. Because now I'm learning business thru valuetainment and did not waste money on business schools lol!

    • @Saviiq
      @Saviiq 7 лет назад

      Hanry Chan can u code apps??

    • @DoubleBurgerCheese
      @DoubleBurgerCheese 7 лет назад +1

      Hanry Chan in some ways I can understand what your thinking, business schools tends to be like that - schools of Medical, Architecture, Engineering, Law etc. tend to be better. As Patrick said in the video - 'Should you drop out of college' something like that, I'm not entirely sure. 'Those schools require more detail'.

    • @TasX
      @TasX 6 лет назад

      Wait, I thought most business schools were mainly post grad like Wharton. Like there’s a undergrad program, but they expect you to already have a business to do business school. Plus, it helps you build really strong connections.

  • @alyoshenka1207
    @alyoshenka1207 6 лет назад +3

    Mr. David, seems like you have perfectly felt every one of those situations. You clearly understand each and every category of your audience and you know exactly what to teach them in every episode. I appreciate your time, effort and consistency to continuously educate humanity with the most valuable information. God bless.

  • @VALUETAINMENT
    @VALUETAINMENT  7 лет назад +16

    For detailed notes for this video, visit www.patrickbetdavid.com/hiring-your-first-employee/

    • @thebusinesschannel3270
      @thebusinesschannel3270 7 лет назад +1

      Valuetainment I agree 50/50 because without sales your business is dead. If you dont have much money starting out and you're the salesperson you can hire a second salesperson to double income then hire admin. Do you agree?

    • @arjunvichur
      @arjunvichur 7 лет назад

      The Business Channel you would then be losing out in other dipartments 🤔🤔

    • @yugimudo
      @yugimudo 7 лет назад

      The Business Channel Sales is converting prospect to customer whereas marketer turn stranger to prospect.
      You can quadraple your sales team but in the end, without leads you will not able to get people to close your sales pitch.

    • @giorgiosalutogirsang2765
      @giorgiosalutogirsang2765 7 лет назад

      This helps a lot. Thanks for everything Patrick

    • @thebusinesschannel3270
      @thebusinesschannel3270 7 лет назад

      ARJUN Vichur have you done sales? Have you succeeded in sales ? Nope 👎

  • @robin7891
    @robin7891 7 лет назад +2

    There's something about this channel that I can't explain, even though about 65% of the time the message conveyed is that which am already acquainted with, there is just something, some passion, I can't explain it....All I know is that it keeps bringing me back and everyday am always learning and taking notes. Keep it up because one day, you and I are gonna meet at a whole new different level. And by the way am following from Kenya.

  • @taylorleavelle9616
    @taylorleavelle9616 Год назад

    that analogy right before the 3 minute mark is priceless game for me

  • @raunakshetty5924
    @raunakshetty5924 5 лет назад

    I needed this so much... I just got 2weeks to hire ppl on board before I sail.. and you popped up at right time... bless you, guys... big fan..all time

  • @lindseywarren209
    @lindseywarren209 7 лет назад +1

    Thank you for making this video!! I needed to see this! 😍😍😍 Your channel is my absolute favourite, I have learned so much from you and watching your content ❤

  • @LacROI
    @LacROI 6 лет назад +1

    Appreciate the advice Patrick, it is incredible that this is available free of charge. My favorite part was when you were talking about hiring someone that has your opposing strength. I never thought about it that way! Thank you!

  • @Studiofaeltube
    @Studiofaeltube 6 лет назад

    Your videos have helped me react in our family business. You're a good man! Thank you!

  • @monicao7344
    @monicao7344 7 лет назад

    Came in at the right time. I think I paused a qn a few days ago. Thank you. Ty

  • @lupegavaldon7191
    @lupegavaldon7191 Год назад

    Thx. for the insight. You are one of the few who actually answers their own subject question very well. Now it's time for me to git er dun!

  • @siddharthsethi4979
    @siddharthsethi4979 7 лет назад

    This was much needed ...
    Thanks Pat
    I take you as my mentor
    This channel is the best thing on RUclips for me...
    You're doing a great job
    Thanks Sir

  • @infinite3397
    @infinite3397 6 лет назад

    The last line sums it all up. It's great to have people like us around but that's better suited for a friendship and not business. Major self-reflection is coming from this video but much needed information that I will be implementing. Keep the value coming!

  • @dewadebadon
    @dewadebadon 6 лет назад

    Really need this, Thank you Valuetainment!

  • @Healitall
    @Healitall 6 лет назад +10

    Great stuff. I coach entrepreneurs making better decisions and executing better strategies. Great advice.

  • @armanebadi6176
    @armanebadi6176 3 года назад

    The hell!! Was the best piece of advice I’ve ever heard!! Seems obvious but once you realize how many times you made the mistake of partnering with the wrong person you’ll find this advice extremely powerful!! Way to go Patrick. Thanks ✌️

  • @saadbasim5112
    @saadbasim5112 7 лет назад

    Hey Patrick , Great video as usual !
    I'm starting a business and a partnership !! Your videos are the ONLY videos that makes sense to me !! I recommend your videos and book to my friends and family !!
    I actually started sending your videos to the people that I'm going into a partnership just to see if we share same values and business goals!!
    Thanks man and I appreciate every second of your videos!!

  • @prabudoraisamy
    @prabudoraisamy 7 лет назад

    So impressed with your videos PBD. Thank you

  • @sirpetrov3945
    @sirpetrov3945 7 лет назад

    Pat, you are amazing ! One of my favorite and most inspiring entrepreneurs of all time ! :)

  • @andrepedzik2047
    @andrepedzik2047 7 месяцев назад

    You put it in every day words I can understand thank you.

  • @jasonbean7296
    @jasonbean7296 7 лет назад +7

    with my tree care service, I thought I needed help in the field, both for safety and productivity. I went through a lot of helpers and my productivity remained flat. once I hired an admin assistant, my productivity soared, even without a helper in the field.

  • @davidkiker3786
    @davidkiker3786 3 года назад

    I’ve been asking this question for 5 months, just answered this question for me. Thank you!

  • @NachoTV
    @NachoTV 7 лет назад

    Love this channel. Straight to the point without all the fluff.

  • @kundanadhikari2446
    @kundanadhikari2446 7 лет назад

    finally pat finally.. thank you soo much man.. love you.. this is what i was looking and asking for soo long .. thanks my man...

  • @cakesart4168
    @cakesart4168 7 лет назад +2

    Thank you so so so so much this was a hurdle thank you for clearing that up..

  • @crevthabeing
    @crevthabeing 7 лет назад +1

    The ending had me rolling on the floor, awesome video! I'm Sales & Product Development. My weakness is Marketing, Accounting, and Admin. S/o to everyone in the comments hope to see you at the Top!

  • @conqueeftadorjones8234
    @conqueeftadorjones8234 7 лет назад

    Great Content as always Pat! Keep it up.

  • @Mayasoflya
    @Mayasoflya 5 лет назад

    love your content!! thank you. and yes I subscribed... you made a good point

  • @susanedmonson1208
    @susanedmonson1208 4 года назад

    I subscribed a week ago, and on this video you are challenging me to test you vs. college. KK, you're on. Am enjoying the videos very much, extremely detailed and helpful. I am single owner of a mobile pet grooming, servicing affluent and summer residents since 1993. I have every check list, EXCEPT hiring employees the big step. Now heading in that direction. Will keep you posted.

  • @aimebabi2184
    @aimebabi2184 5 лет назад

    So much love Patrick. Thank you.

  • @Cyrus0w
    @Cyrus0w 10 месяцев назад +1

    Awesome pat thanks for your valuable info!

  • @joelow63
    @joelow63 7 лет назад +9

    hire opposing strength hire ehat u need logically nothing happens without sales hire your opposing strengths dont hire friends

  • @simafatemipour2483
    @simafatemipour2483 3 года назад

    Every video of your is a real class. Thanksssss Patrick. 🎯🎯👍👍👍⭐⭐⭐⭐

  • @ryuli1
    @ryuli1 2 года назад

    Subbed amazing energy great prompt content thank you

  • @jeromsminddandis7500
    @jeromsminddandis7500 4 года назад

    Love 4 u mate... Thanks and thanks and thanks sooooo much...Valuetainment!!!👍👍👍👍👍

  • @xxmamaxxable
    @xxmamaxxable 6 лет назад

    Superrr useful! Thank you Pat!!!

  • @40EntrepreneurDrive
    @40EntrepreneurDrive 3 года назад

    I came back to watch this one a 2nd time. I think my opposing strength/partner is sales. Thanks for pointing me in the right direction for how to start building my team.

  • @dhanyajr1728
    @dhanyajr1728 7 лет назад

    Thank you so much for adding value..

  • @ajinkya-more
    @ajinkya-more 4 года назад

    Thank you so much for this information! 💯

  • @mr.randallinc.8591
    @mr.randallinc.8591 5 лет назад

    Wow big stuff brotha. It’s spot on... last two months I drew back and went solo, just partnering w financial guys to keep expanding 👌🏽🌊🏄🏽‍♂️

  • @edwardolasode5289
    @edwardolasode5289 4 года назад +1

    Great value video. Thanks

  • @zakUSDedelman
    @zakUSDedelman Год назад

    Thanks bruh. I’m writing a book on the subject. Very insightful pointers

  • @mahendrakori5787
    @mahendrakori5787 7 лет назад

    really helpful information and thanks for subtitles. .

  • @tairam9383
    @tairam9383 3 года назад

    Thanks! Appreciate your efforts.

  • @revenez
    @revenez 5 лет назад

    Very good advice, much appreciated, thanks!

  • @curlytop07jd
    @curlytop07jd 6 лет назад

    Great!! Im a sales and marketing person. I absolutely agree... my first hires need to be accounting and payroll admin. Thanks soo much for adding clarification.

  • @arashghanbari5907
    @arashghanbari5907 7 лет назад

    wow amazing!! great info. just needed this.

  • @thedev2143
    @thedev2143 7 лет назад +3

    I love valuetainment!!

  • @gonzalocor1530
    @gonzalocor1530 6 лет назад

    i quit my uni and been following Valuetainment since then!

  • @GetHelpTax
    @GetHelpTax 3 года назад +1

    We help small business owners all across the country with accounting, payroll and taxes. We’ve found that the businesses that grow are the ones where the owner delegates tasks to others and spends his or her time focused on selling.

  • @hbergman1237
    @hbergman1237 Год назад

    Spot on as usual Patrick 👍

  • @ricozyung6329
    @ricozyung6329 6 лет назад

    I agree with what you said at the end. Learn from people who have already made it and went through all the mistakes.

  • @HamedAdefuwa
    @HamedAdefuwa 5 лет назад +1

    I agree 100%, I need an Admin ASAP. Thanks Pat.

  • @TheAmine1997
    @TheAmine1997 7 лет назад

    The new "You must subscribe outro" obliged me to click the like button :D
    I'm already subscribed since 3 months.

  • @entrepreneurstartupnow-off1821
    @entrepreneurstartupnow-off1821 7 лет назад

    Pat delivers like no one else!

  • @gumerzambrano
    @gumerzambrano 7 лет назад

    man pay your information is so helpful!

  • @BlogginBrandi
    @BlogginBrandi 6 лет назад

    Great video starting to binge this channel :)

  • @jesusk7554
    @jesusk7554 7 лет назад

    great advice!
    thanks

  • @gibransaliba8801
    @gibransaliba8801 7 лет назад

    I really needed this video
    Thanks

  • @Mark-zk7mv
    @Mark-zk7mv 6 лет назад

    I just stumbled across your videos and they are very informative. Thank you for taking the time. My wife and I own a small hood cleaning company in Sacramento California, we're doing very well but we are working very hard. We need to hire two people to replace us so we can bring on more work and go to the next level.

  • @kellyburton4222
    @kellyburton4222 5 лет назад

    Excellent content. Thank you!

  • @ferdinandcastro7399
    @ferdinandcastro7399 7 лет назад

    Thank you Pat!

  • @noaman456
    @noaman456 7 лет назад +3

    Hi Pat,
    Thanks a lot for this video.. it was really helpful..
    Could you pls make a video on how determine the productivity of your employees..
    thanks

  • @DavideRuggiero-gt9ub
    @DavideRuggiero-gt9ub 2 месяца назад

    Excellent advice!

  • @flowleopard893
    @flowleopard893 6 лет назад

    Getting my education here thank You fellas

  • @anamericanentrepreneur
    @anamericanentrepreneur 4 года назад

    Great info and presentation!

  • @bostonbyerly6480
    @bostonbyerly6480 7 лет назад +1

    Agree that you need to build on your weaknesses!

  • @clintwestwood4545
    @clintwestwood4545 7 лет назад +2

    Hey Patrick! I gathered some cool video ideas you might enjoy making on Valuetainment:
    How To Keep Your Word
    How To Inspire / Motivate Others (Ex. Steve Jobs' Reality Distortion Field)
    How To Conform To Any Social "Type" (Introvert, Extrovert, etc.)
    How To Toughen Up Emotionally and Mentally
    How To Get The First Few Followers (Not social media, just in general)
    Best Decisions You Made As An Entrepreneur
    What You Should and Shouldn't Retain From High School

  • @poohdiddydarezeal3738
    @poohdiddydarezeal3738 6 лет назад

    great job Pat

  • @vika.k.avictormoyo6718
    @vika.k.avictormoyo6718 7 лет назад

    Thank you Pat.

  • @luisabelmejiamarquez876
    @luisabelmejiamarquez876 2 года назад

    wow I find this video really interesting. Even I am not running a business , I will probably need this knowledge in future.

  • @naturalallnaturalwhitepist1789
    @naturalallnaturalwhitepist1789 7 лет назад

    Thank you for your content it's brilliant 🍻

  • @vijaybejaisingh6936
    @vijaybejaisingh6936 4 года назад

    Extremely helpful

  • @Rahulee7
    @Rahulee7 7 лет назад

    Just Purely awesome 👏🏻🙏🏻

  • @paulrivera3252
    @paulrivera3252 5 лет назад

    This was a fantastic vid!!!

  • @jakeford1560
    @jakeford1560 7 лет назад

    Thank you for the great video

  • @akilbozbas
    @akilbozbas 5 лет назад +4

    I wonder how he explains this sentence he makes so many times to his employees. "If you run out of money, you shut down the business and go back the having a job."

  • @e_entrepreneur415
    @e_entrepreneur415 6 лет назад

    Choose opposing and most valued.

  • @BHappyLoveLead
    @BHappyLoveLead 7 лет назад

    Thank you Pat , God bless you!

  • @SharronBizMentor
    @SharronBizMentor 5 лет назад

    Thanks so much for this information 😁

  • @KKLTTL
    @KKLTTL 2 года назад

    Thank you so much very helpful

  • @GaurashtraEnterprises
    @GaurashtraEnterprises 5 лет назад

    Strong presentation! Good job!

  • @adityadocoot07
    @adityadocoot07 6 лет назад

    Very Helpful Video

  • @OPSQCINC
    @OPSQCINC 2 года назад

    Abolutely. Balancers are key and help you leverage your strengths.

  • @LuzadexGaming
    @LuzadexGaming 5 лет назад

    Thank you for great video!

  • @braziltokyoschool
    @braziltokyoschool 8 месяцев назад

    I agreed 100%
    I felt it over years on my business, finally I understood I am the administration guy and I needed sales driven people.
    Sales department is the most important.
    I think first we evolve then we administrate the new chaos from growth, not the inverse.

  • @miguelsmith9589
    @miguelsmith9589 7 месяцев назад

    Valuetainment all the way PBD👍🏾👍🏾

  • @mandeepsharma1564
    @mandeepsharma1564 6 лет назад

    I was looking for exactly this

  • @oumaymabenadjel6830
    @oumaymabenadjel6830 3 года назад

    That’s smart.. really
    Thank you

  • @Finance.investmentAbdul.Haksaw
    @Finance.investmentAbdul.Haksaw 3 года назад

    Really appreciate 😻 and really good explanation using other examples like sport team etc, not like others , mumbling or confusing, great learning thanks
    Have a great day 😚

  • @gnarlyDUCK
    @gnarlyDUCK 3 года назад

    This video solidifies a lot of thinking I had but wasn't sure due to lack of experience.

  • @martinkkyalo10
    @martinkkyalo10 4 года назад

    this is the business channel were i get every financial knowledge i need

  • @that1djnexusguy659
    @that1djnexusguy659 2 года назад

    Sales. Thank you.