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Those who can tolerate pain the most-the ones with the most endurance-give themselves the highest chance of winning in business.īy the time we've been on our own for a few years, many of us have become cynical. It's an ugly thing, but I've seen it happen too often.

We all have big dreams growing up, and we make a lot of plans for ourselves. Then life gets in the way, the plans don't happen the way we thought they would, and we lose faith in our ability to focus on who we want to be. You may not notice it, but it also hurts your ability to make your next moves. Patrick Bet-David went from escaping war-torn Iran to founding his own financial services firm, raising tens of millions of dollars, and creating Valuetainment, the leading YouTube channel for entrepreneurs. His unorthodox approach to business as well as life has led to compelling interviews with Ray Dalio, Kevin Hart, the late Kobe Bryant, President George W. His content on social media has been viewed over a billion times. Patrick never obtained a college degree and went from the army to selling health club memberships before entering the field of financial services. At age thirty, he founded PHP, a financial services agency. He lives in Dallas with his wife and three children.Įxcerpted from Your Next Five Moves by Patrick Bet-David with Greg Dinkin. Copyright © 2020 by BetDavid Enterprises LLC. Used w ith the permission of the publisher. Simon & Schuster is a property of ViacomCBS. Bet-David thinks giving employees the opportunity to earn equity is the best form of compensation because they’ll feel they have a stake in the success of the company and will work harder to make it succeed-a win-win. He argues that when employees-Thiel focuses in particular on CEOs-work for equity, they shift their thinking from short-term to long-term, which leads to healthy, sustained growth for the company.) Task 3: Build the Right Culture (Shortform note: In Zero to One, Peter Thiel provides additional context for why equity is a good form of compensation. Once you’ve hired the right people and incentivized them to stay, build a company culture, says Bet-David. Culture is critical because for employees to put in their best effort, they must identify with the company and its values. (Shortform note: In his book, Bet-David lists culture as the third step of creating a winning team, after retaining employees. Best Radio Show for the Morning Commute Morning Blend on 89.However, others see establishing a strong culture as preceding the successful retention of employees.Best News Radio Station KERA 90.1 Think.

Best Broadcast Journalist With a Message Dale Hansen.

Ultimately, it's an atmosphere that feels more like family than retail: Everyone is part of the pop-culture conversation at Zeus. Like his Birds of Prose Women's Book Club, which meets the first Wednesday of every month over cocktails and crafts and often features Skype sessions with authors like Brian Michael Bendis of "Jessica Jones" or Jen Van Meter of "Hopeless Savages." Zeus offers a Girl Scout badge program in the spring that fills up in seconds and has hosted lively LGBTQ mixers for years. It's an inclusive atmosphere, honed by owner Richard Neal, whose smiling face has greeted almost every customer over the past 18 years - and in countless conversations about storylines and superhero deaths, he's been able to key in on what fulfills his customers. Zeus does, in fact, have an amazing range of books and collectibles, but it's more than that: In a realm of pop culture that has largely been dominated by straight white male points-of-view, Zeus creates experiences that amplify the voices and speak to the interests of female, LGBTQ and young comic book fans. We like just about any comic book store, but we love Zeus.