"Wealth is created by specialization and preserved by diversification" .
@alexlee8639
4 жыл бұрын
Rujo Onye wow good one
@gabrielonibudo5710
4 жыл бұрын
a better way of phrasing it could be "wealth is started by specialisation but grows by diversification".
@alexlee8639
4 жыл бұрын
gabriel onibudo disagree.
@naijawindandsolar
4 жыл бұрын
Awesome quote
@peterlewis6832
4 жыл бұрын
@@gabrielonibudo5710 It grows much more quickly by specialization in my experience. I think he worded it right.
@VALUETAINMENT
4 жыл бұрын
Valuetainers, YOU are the reason why I wrote this book. “Your next five moves” is a book I wish I had in my hands when I was 25. It would’ve saved me millions and helped me do everything I’ve done in half the time. Can’t wait to get it in your hands. Click here to order a copy: www.amazon.com/Your-Next-Five-Moves-Business/dp/1982154802/ref=nodl_
@prolifeloudness9612
4 жыл бұрын
Thank you for providing so much quality content! Just preordered your Book and looking forward to it.
@bradhouston4734
4 жыл бұрын
Pay, this is tearing at me a bit. I’m about to launch a Crowdfunding campaign to enter a really competitive market and I have been thinking of leaning into the audacity of “just coming out of the blocks hard”, getting people psyched on being pat’s of the 1st percent of something huge. Maybe even highlighting the fact that 99% of people do it the sensible way, we want to be the radical 1%. Thoughts?? 😀🕺🏻🎥🏖🇦🇺
@alantinoalantonio
4 жыл бұрын
*Five
@ahmedalthaf2028
4 жыл бұрын
All the best on your next move Patrick 👍🏽👍🏽👍🏽
@deepaklaishramz
4 жыл бұрын
I need it in ebook
@johnmoney7626
4 жыл бұрын
This guy makes me feel extremely at ease and comfortable.
@PassiveIncomeTom
4 жыл бұрын
*It's key to niche down in the beginning. What are you know for? Then once you're established you can add other tools to your belt.* 😉
@epsilon3821
4 жыл бұрын
Great takeaway, this principle applies to investing too Focus, then diversify after a certain point
@VALUETAINMENT
4 жыл бұрын
Are you currently specializing or generalizing?
@joeludemann
4 жыл бұрын
I'm specialised for the first time in my life. All in cash, keeping it simple and trying to be nimble while I'm waiting for a bit of clarity and value
@alexlee8639
4 жыл бұрын
Specializing
@luistrejo7249
4 жыл бұрын
I am specializing like a consulting engineer, focus on adding value in 2-3 types of activities, with a great team of professionals in their fields. When we will grow and stabilize to a certain level, adding more value proposals to new clients and contracting more employees/partners I think is the rational path for prosperity.
@taqimckinzie
4 жыл бұрын
Specializing
@Je.rone_
4 жыл бұрын
*Specialization seems to have real big benefits, but if one goes that route i think its important to keep training the brain to learn new things perhaps completely unrelated, so the brain remembers how to learn new things faster,*
@mandorianmacintosh4186
4 жыл бұрын
kzitem.info/news/bejne/2G-cl52wqn-loX4
@_.occult._
4 жыл бұрын
First of all, you are a real teacher I been following you along with my university studies. Today I think you shared a very golden insight, I am pretty sure it's 'the secret' and all entrepreneurs must study this. 👏
@jaydhillon
4 жыл бұрын
Great video Patrick - This is mistake that I’ve made many times. When I focused on one service we built our 500 staff agency from this... it is a trap to try and sell everything when starting in business. Jack of all trades master on none - comes to mind. PS let’s all support PAT and get the book - I have ordered mine 👌
@amandakaur1684
4 жыл бұрын
100% I agree with this focus on one to start with..
@amandakaur1684
4 жыл бұрын
P.S I have bought the book! Lets support Pat!
@jaydhillon
4 жыл бұрын
Katie Johnson auesome!
@jaydhillon
4 жыл бұрын
Katie Johnson 100%💪💪
@christosorphanides
4 жыл бұрын
Lets go
@CaseyBurnsInvesting
4 жыл бұрын
The original money in the economy was labor and value so either way, do something valuable and prosper.
@thetriumphanthustler7001
4 жыл бұрын
Start off by focusing win one thing and expand from there
@TheRealGuywithoutaMustache
4 жыл бұрын
I really appreciated this short and concise video, Patrick. I will apply what I learned from this.
@mrblexit7152
4 жыл бұрын
Even here bro. It's almost like your omnipresent
@checkreactz
4 жыл бұрын
It’s pretty ironic how you can do much more by limiting yourself in the beginning....I had learn this the hard way 😂
@fchd3746
4 жыл бұрын
Pat is a war time leader
@osse1n
4 жыл бұрын
Specialise (necessary) early, so you become a generalist (enjoyable) later.
@rrr5_Finance2
4 жыл бұрын
got ya again
@agapuzio3056
4 жыл бұрын
I have ordered your book, can't wait to read it. Meanwhile I am getting into business studies, the time is now!
@MikeBarron1
4 жыл бұрын
Focus is the key! 💪
@thaihealthylung
4 жыл бұрын
thankyou... as always ... you give me a good lesson in time of needs. May family be safe and protected . Respect always !!
@francelinopereira2468
4 жыл бұрын
I Opened a one year ago my own Business DREAM SERVICES and needed that advice, 1st. Specialize and then Generalize...Thanks Patrick
@Pmlivelife2023
Жыл бұрын
This is excellent. I have always tried to generalize and do many things at once now I see the importance of specializing many aspects of my life and work
@RevenueSharePartner
4 жыл бұрын
*Patrick is a beast, how do you get so much energy*
@ClarkCapitalMedia
4 жыл бұрын
He loves what he does! I hope I have his energy when I’m his age!
@harshitbhalla1178
4 жыл бұрын
Found this at the right time.
@IMANESAMMAN
4 жыл бұрын
Love your work ethic Patrick. You’re truly inspiring ✨
@jamesgallant28
4 жыл бұрын
I love you lol
@IMANESAMMAN
4 жыл бұрын
James Gallant haha love you too
@VALUETAINMENT
4 жыл бұрын
Thanks Iman.
@superduperjoi6800
4 жыл бұрын
Ikr I used to hate becaude there were so many notifications, but now I appreciate it. You editing team is dynamic.
@ssdskully
4 жыл бұрын
I'ma buy your book just to support you Pat because I love your content man.
@joshuagilliam4557
4 жыл бұрын
Good stuff Pat 💪🏽
@rohitroll2119
4 жыл бұрын
In my field Specialisation is the only way forward.
@hectorcardenas2171
4 жыл бұрын
What field?
@rohitroll2119
4 жыл бұрын
@@hectorcardenas2171 MBBS(Doctor).
@AskMeStartUp
4 жыл бұрын
Great content👍🏻. Keep pushing peoples envelope and enable them to think for themselves. Sometimes you also have to reverse specialisation because the road has come to an end.
@LeoandLongevity
4 жыл бұрын
Do you think we live in a world of increasing specialization that inherently makes us more dependent on society?
@JewTube001
4 жыл бұрын
yeah but it seems to bring more good than harm for the most part.
@JerryCrow
3 жыл бұрын
KZitem algo diverted me here after the latest, and i see your point why you would generalize your youtube channel and i'm all for it!
@pedalman4595
4 жыл бұрын
Dammit Patrick this is EXACTLY what I'm doing right now!!!!!!!!!! Man I needed this. To me this was just my own common sense. Now I know I'm on the right path, simply because I heard it from the master. Thank You!!!!!!! UPWARD AND ONWARD!!!!!!!!!
@pauld9933
4 жыл бұрын
Pat: generalist to specialized Every other example: specialized to generalist
@alantinoalantonio
4 жыл бұрын
There's always exceptions I suppose. Either way, analysis is always needed.
@christianocrew
4 жыл бұрын
When he was employed he was a generalist. When he started PHP he went specialist into life insurance. Do you think thats all he'll do with a company called People Helping People? He'll branch out into other areas when the time is right.
@harshvardhansharma7081
4 жыл бұрын
I'm glad that i came accross pbd in 2016. If you're reading this comment then I want to thank to follow creating this KZitem channel
@dawiddowbusz
4 жыл бұрын
Great content!!! Thank You for that.
@KettlebellCarlos
4 жыл бұрын
Keep the videos coming, I started my digital marketing business about 19 months ago and I am def still in phase 1! Thank you for the tips! 👍
@wandilewawazile8722
4 жыл бұрын
This is a very important that is pointed out here in order to build a solid foundation!
@Santos.Falcon
4 жыл бұрын
This Chanel with Patrick is a godsend💯
@mohamedhadagha5713
4 жыл бұрын
Can you please provide a special episode to teach children how to earn money?
@jameconradi8269
4 жыл бұрын
Selling insurance is like selling beans but hey that's why you do valuetainment + $
@petersrule
4 жыл бұрын
Facebook started with university students at just a few universities then expanded to more universities eventually expanding to people in the US and then people everywhere.
@santiagotoro3388
4 жыл бұрын
Wow, this is an awesome video! I was struggling with my photography business and now I Know I need to specialize first and be great at something and later generalize little by little; thank you!
@pashakhosravani231
4 жыл бұрын
The book comes out on my son's birthday...looks like I'm buying it!
@ifeelfantastic8956
4 жыл бұрын
Patrick looks like a smart sophisticated mob guy.
@felixsmokes420daily8
4 жыл бұрын
He's so brilliant I'm watching this. For the third time. Once before I go to bed. To make it sink in, me what he saying, matters to me. Just listen to what he saying here.
@fredricklee
4 жыл бұрын
Great post for people to listen and follow in growing their business. Especially in these times, the name of the game is focus.
@leomartinezjr8795
4 жыл бұрын
I agree, specialize. More is not always better
@MikeBarron1
4 жыл бұрын
💯 brotha!
@LoRdDyY45
4 жыл бұрын
The way i look at it is, it never hurts to learn something new.
@NimaKhosravy
4 жыл бұрын
Two books on this topic: Blue Ocean Strategy and Small Giants. Thanks Pat for the video
@kurts3779
4 жыл бұрын
This video is geared for businesses. For most employees it may make more sense to specialize. Most entrepreneurs usually have to wear many hats. I've been both but I remember when I was an employee I was never one to say that it's not my department. My mentor and former boss, a very wealthy man, allowed me to work in all departments and that was set me off to starting my own business. Too many employees, especially Engineers, are notorious for saying things such as "that's not my department". Perhaps Pat can make a video from moving from a specialized employee to entrepreneur.
@AmitMishraEnglish
4 жыл бұрын
Learned alot from this video.
@Talkinglife
4 жыл бұрын
Persona takeaway. *It's better to specialize than to be generalized and be all over the place.
@ahmad-surchi
4 жыл бұрын
Thank you for another amazing video! I think this video is your best so far. Perfect choice of examples and you talked about all the methods in a short span amount of time.
@aleafox1675
4 жыл бұрын
I love your channel. I'm not sure why I'm so interested in business. You have given me some priceless advice. Thank you. I need to order your book!
@TealJadeTurquoise1
4 жыл бұрын
You are a busy guy, working smart!
@haroldmichael7294
4 жыл бұрын
Why is nobody talking about Bitcoin
@KennyGee369
4 жыл бұрын
Harold Michael Many argue that it is extremely volatile and not worth investing into. That doesn’t mean you shouldn’t invest some eggs into the nest though.
@JodieDavisCuckooClockArtist
4 жыл бұрын
"Sequencing." "Next 5 Moves" didn't resonate with me. But now it does.
@maxriderzx107
4 жыл бұрын
This guy is amazing big up from Portugal
@davidshamiri1448
4 жыл бұрын
Pat I love Hugo Boss jogger suits .. I had the black one with white pipes along the side. Very comfortable and doesnt look too casual
@wolfpackfootball3379
4 жыл бұрын
Love it!!🙌 You bring so much clarity Patrick Thank you sir
@waterheaterservices
4 жыл бұрын
This guy is great teacher
@AthleticArtillery
4 жыл бұрын
🔥🔥 content thanks man!!
@sethwallacephd3418
4 жыл бұрын
Very helpful regardless of my specialized profession. There's so much more to monetize than I ever initially conceptualized.
@deepaklaishramz
4 жыл бұрын
Good topic PBD 👊
@edwinreynolds6940
4 жыл бұрын
My Business mentor said the same thing to me 2 days ago. He introduced me to "The Beach Head Strategy". I'd advise all small businesses to look it up.
@Dim4ik2012
4 жыл бұрын
there are only two channels on KZitem I have notifications turned on. One of them is yours
@Sims8705
4 жыл бұрын
🔥. Great message Pat. Another great Valuetainment production
@christosorphanides
4 жыл бұрын
This couldn't come at a better time
@danielhyeonlee218
4 жыл бұрын
Book comes out on my birthday! That’s a sign! 🙏🏻 can’t wait to be an author one day too
@christianpalmer8444
4 жыл бұрын
Great Video! This reassured me that I am doing the right things at this phase of my business growth.
@MelindadelosSantos
4 жыл бұрын
I thought it was cool already when Amazon was selling books. He was overwhelmed with the response at the beginning-just books, at that! 😊
@sohaibahmed226
4 жыл бұрын
Good example you gave about amazon. Very helpful though try one thing master than slowly gradually try another and another.
@markeleven6226
4 жыл бұрын
Always on Point Pat, It's a good reminder to remind us that Amazon started small..I have forgotten 🤣
@adrianbanda4614
4 жыл бұрын
Happy to see some content that will keep the nutters away. Thanks!
@julianbdeveloper
4 жыл бұрын
Great video. Peter Thiel talked about this in his great book "Zero to One".
@keanajordan7825
4 жыл бұрын
This comment has nothing to do with the video. Pat I think you really need to have 6ix9ine on for an interview. You are the only guy that would give him a fair interview and it would 100 percent get 20 million views if not more. I also think doing a video like this will open up your content to a new audience that might be needing some of the great content and value you put out!
@ivanmartinez5230
2 жыл бұрын
Thank you man... this has been very helpful!
@deepaklaishramz
3 жыл бұрын
Thank you Patrick bet david ❤️
@demeke773
4 жыл бұрын
can't wait to get that book
@stanislavognyanov4660
4 жыл бұрын
Needed this, thanks Pat !
@sibendramallick
4 жыл бұрын
Please please please make these kind of videos more.
@jejewa2763
4 жыл бұрын
What we need now is a conduct to bring together business and aspiring entrepeneurs. More practical steps!
@Atem_S.
4 жыл бұрын
Both are important!!
@bb-jv5mj
4 жыл бұрын
Missed these kinda videos.
@amirMahmed
3 жыл бұрын
pat you are hero
@mrswealth2883
4 жыл бұрын
Mrs Wealth a young lady who started her channel cause she believes everyone is entitled to wealth was here 👍 Thanks for sharing this with us Pat have personally learnt a lot from this video👍
@superduperjoi6800
4 жыл бұрын
Awesome check out Lavidh Ruby she makes 100k a year just from one business. She has a bunch of other businesses and does forex! Btw she is only 22 Black girl Biomed major from NY
@TasX
4 жыл бұрын
Lol
@liveforthelordbeforeitisto5141
4 жыл бұрын
Thanks man! This applies to other areas of building a life as well!
@andreastevens3146
2 жыл бұрын
Great content. Your book is brilliant.
@divyamurugesan5557
4 жыл бұрын
Good video Mr. Pat. 👌👌 First do what you are good at. Then expand. 😄😄
@superjuddy
4 жыл бұрын
very needed video thank you so much Mr Bet-David.
@kernryan
4 жыл бұрын
So basically, if you provide a service, generalize then specialize, and if you sell a physical product, specialize then generalize, I go you!
@kibromamaniel4662
4 жыл бұрын
Thank you Patrick your videos are really helpful. I am in my journal to build a business.
@whitecannon2185
4 жыл бұрын
Thank you for this. This was something i needed to hear.
@Adam.Reader14
4 жыл бұрын
I'm an Industrial Engineer It's a generaliztion of Engineering, which itself is a specialization 🤣🤣🤣
@WoodsDog
4 жыл бұрын
Thanks Patrick! Just purchased the book!
@Sensachannel
4 жыл бұрын
Easy to say, the hard part is knowing what to specialise in.
@francescotesser43
4 жыл бұрын
The example of Spotify is great now!
@Deepak.Bharadia
4 жыл бұрын
Perfect 👍🏻 Thanks for the excellent insights Patrick 🙏🏻
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