![]() ![]() Looking to scale up your company? Learn more from the Scaling Up summary! MOVE #5: GET GOOD AT POWER PLAYS Demand the best from people, hold them accountable for their own career or life goals, role-model the expected levels of rigor and accountability, and track the key metrics in your business. Grow your people alongside the company.Raise and use capital wisely, to generate both linear and exponential growth.To scale up and achieve exponential growth, you must: There are several strategic elements that determine if your business will grow, stagnate, or even collapse. Read more on team-building and performance management in the summaries for Work Rules! and High Output Management. This involves establishing common values, principles and beliefs, translating them into concrete behaviors in your daily work, building trust, developing a succession plan, encouraging constructive conflict, and tailoring your approach to each team member’s love languages and motivators. This involves attracting the right talents and advisers, having a robust recruitment process, and developing an attractive compensation plan to retain people. How to hire and retain the right people.Bet-David addresses several key aspects, including: This move probably warrants a book all by itself. Surround yourself with the right people who can address your weaknesses and blind spots, multiply your strengths, and help you and your business to grow. No matter how brilliant you are, you can’t do everything alone. find and address the root causes or underlying issues behind a problem or situation. Bet-David shares the “Investment-Time-Return formula” you can use to optimize your resources, and how to take full responsibility for your desired outcomes. Learn how to process issues rigorously.Hone your problem-solving skills to get better outcomes and pre-empt problems in the future. This requires that you: To achieve success and fulfillment, you must handle thousands of problems and decisions. Or, get the complete version of Your Next Five Moves summary to dive into each of these areas and start discovering yourself! MOVE #2: SOLVE PROBLEMS EFFECTIVELY Does entrepreneurship really suit you? Or are you better off striking out as an intrapreneur within your company?Ĭheck out the Strategize to Win summary to get more strategies on finding your ideal career. Knowing where you are now, by being totally honest with yourself on your strengths/weaknesses, what motivates you, and what you truly want (not what you think you should want).Knowing who you want to be (including your deepest desires, core beliefs and values) and start behaving as if you were already that person.To be the best you can be, you must first know who you want to be, where you wish to go, and what factors should drive your decisions. Meantime, here’s a quick overview! Taking Your Next 5 Moves MOVE #1: UNDERSTAND YOURSELF In our full summary of Your Next Five Moves, we’ll elaborate on each of these 5 moves in detail. There are 5 key moves required for success in any business: understand yourself, solve problems effectively, build a winning team, strategize to scale, and master power plays.This is enough to let you know your possible moves and countermoves without overthinking them and.Specifically for business, he recommends planning 5 moves ahead since: One of Bet-David’s key messages is this: to succeed in business (or virtually any area in life), you need to plan several steps ahead. Sheryl Sandbert, Bill Gates, Ray Dalio, Robert Greene, Kobe Bryan) and his insights after reading >1,500 business books. This book captures the lessons he learned from his own experiences, successful people he met/studied over the years (e.g. Yet, he successfully built a YouTube channel (Valuetainment) with >2mil subscribers, advised business-people from startups to CEOs of billion-dollar companies, and founded a financial services marketing firm PHP Agency (which grew to >15,000 agents with 120 offices in 10 years). He never graduated from college, grew up in a single-parent home, and was told he wouldn’t amount to anything. The author, Patrick Bet-David, is a self-made entrepreneur. It answers the questions: Is entrepreneurship suitable for you? And, what does it take to become the best possible version of yourself? In this free summary of Your Next Five Moves, you’ll get an overview of the 5 strategic moves and what they entail.ĭo also check out our complete summary bundle in pdf/mp3 infographic, text and audio formats! In this book, Patrick Bet-David explains the 5 moves you need to succeed as an entrepreneur, CEO or business leader. No matter where are you are in life, you must plan ahead to move from where you are to where you want to be. ![]()
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