Hiring Your First Employee as an Entrepreneur
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.
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@ivansandoval946
3 жыл бұрын
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.
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
Жыл бұрын
This is true; listening to Jobs' biography right now!
@Cyrus0w
11 ай бұрын
@pocketman5510 Wow! This is a perfect example of hiring your opposite strength thank you
@andreimitrica77
2 ай бұрын
Extreme capitalism wins again …
I dont want to be a millionaire..I have to be!
@BHappyLoveLead
7 жыл бұрын
Rafi yes ! ! !
@chavycash2518
7 жыл бұрын
"We're all going to fucking make it brah" - Zyzz
@teeneditor3743
7 жыл бұрын
I dont want to be a -->B
@Kiwinnit
7 жыл бұрын
you WILL be!
@DoubleBurgerCheese
7 жыл бұрын
Let's thinking even bigger - a trillionaire.
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
7 жыл бұрын
Life Masterz same here man, I knew off the rip I couldn't choose friends. Wish you the best in your journey.
@polaadillaaa3219
7 жыл бұрын
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
4 жыл бұрын
Hi, has your company worked out ? Just for curiosity
@pakalzhub9654
3 жыл бұрын
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
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!
@drokraebube2983
10 ай бұрын
Makes more sense.
Forget theories! I'm learning from Valuetainment!!!
@NuCents44
4 жыл бұрын
Eli Allen I agree lol
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❗️
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.
For detailed notes for this video, visit www.patrickbetdavid.com/hiring-your-first-employee/
@thebusinesschannel3270
7 жыл бұрын
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
7 жыл бұрын
The Business Channel you would then be losing out in other dipartments 🤔🤔
@yugimudo
7 жыл бұрын
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
7 жыл бұрын
This helps a lot. Thanks for everything Patrick
@thebusinesschannel3270
7 жыл бұрын
ARJUN Vichur have you done sales? Have you succeeded in sales ? Nope 👎
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.
Thank you Lord I took engineering. Because now I'm learning business thru valuetainment and did not waste money on business schools lol!
@Saviiq
7 жыл бұрын
Hanry Chan can u code apps??
@DoubleBurgerCheese
7 жыл бұрын
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
6 жыл бұрын
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.
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!
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 ✌️
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
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!
More support and help for scaling up: kzread.info
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!
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!!
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 ❤
This was much needed ... Thanks Pat I take you as my mentor This channel is the best thing on KZread for me... You're doing a great job Thanks Sir
Your videos have helped me react in our family business. You're a good man! Thank you!
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.
Pat, you are amazing ! One of my favorite and most inspiring entrepreneurs of all time ! :)
Great stuff. I coach entrepreneurs making better decisions and executing better strategies. Great advice.
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.
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.
Came in at the right time. I think I paused a qn a few days ago. Thank you. Ty
I agree with what you said at the end. Learn from people who have already made it and went through all the mistakes.
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!
I’ve been asking this question for 5 months, just answered this question for me. Thank you!
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.
Thank you so so so so much this was a hurdle thank you for clearing that up..
Love this channel. Straight to the point without all the fluff.
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 👌🏽🌊🏄🏽♂️
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.
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
i quit my uni and been following Valuetainment since then!
I agree 100%, I need an Admin ASAP. Thanks Pat.
finally pat finally.. thank you soo much man.. love you.. this is what i was looking and asking for soo long .. thanks my man...
Really need this, Thank you Valuetainment!
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.
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.
Agree that you need to build on your weaknesses!
So impressed with your videos PBD. Thank you
hire opposing strength hire ehat u need logically nothing happens without sales hire your opposing strengths dont hire friends
The new "You must subscribe outro" obliged me to click the like button :D I'm already subscribed since 3 months.
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
Another great video. You should do another one about how to calculate how much you can afford to pay for things. I always get confused on how much I can afford to spend vs how much I will get in return.
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."
that analogy right before the 3 minute mark is priceless game for me
You put it in every day words I can understand thank you.
Great Content as always Pat! Keep it up.
Every video of your is a real class. Thanksssss Patrick. 🎯🎯👍👍👍⭐⭐⭐⭐
love your content!! thank you. and yes I subscribed... you made a good point
I came here after watching the building a Dream Team video. I think this is a good start for me. I apologize for such _basic_ questions, but I don't yet know what I don't yet know. I have a good idea of my desired end result, I just don't know the pieces to put together to make it happen
Choose opposing and most valued.
Indeed, a good example of "opposing strength" relationship is the case of apple. Steve Jobs didn't have enough knowledge of engineering but he was good at marketing, public relations, and selling. On the flip side, Wozniak was a gifted engineer with a lot of experience in Electronics.
So much love Patrick. Thank you.
Great advice. I feel like an all rounder but weaker at sales tbh. Sales will be my are of focus when the time is right and increase revenue.
I love valuetainment!!
Great video starting to binge this channel :)
We just hired for a very early stage start up, and it was a simple choice for us. We simply asked, whose contribution will help our business the most? And this means a very different person for different Startups.
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 😚
I ordered those 10books off Amazon.. thanks for your inspiration
wow amazing!! great info. just needed this.
A video on more into the topics of business models, outsourcing, delegating, leveraging and systems. Thanks.
Abolutely. Balancers are key and help you leverage your strengths.
Thank you so much for adding value..
Getting my education here thank You fellas
Thank you so much for this information! 💯
Very good advice, much appreciated, thanks!
really helpful information and thanks for subtitles. .
love this channel Patrick, again always motivating. I do have a question not sure where my skills are at or where it stands but I do wanna perfect sales learn to close is that a skills that can be learned and perfected or is it a gift where you have or you don't? I ask because I'm not to sure if I'm good at it or not but love to perfect it.
This video solidifies a lot of thinking I had but wasn't sure due to lack of experience.
Thank you Pat , God bless you!
man pay your information is so helpful!
this is the business channel were i get every financial knowledge i need
wow I find this video really interesting. Even I am not running a business , I will probably need this knowledge in future.
I have just got investment to start my own recruitment business. I was just thinking about this. I am good a sales and can win business I definitely need someone to drive candidates and admin. Thanks Pat 👍
Thank you for that advice. I thought that I should hire someone in MARKETING, first. So SALES, first!
Pat delivers like no one else!
I really needed this video Thanks
What about hiring family members? One of my goals for the year is to hire my brother.
@VALUETAINMENT
7 жыл бұрын
+Siim Land - check this out: www.patrickbetdavid.com/work-family-business/ ~Rebecca (VT support)
@Agmaio
3 жыл бұрын
You made it big brother
@Gabriel.4190
3 жыл бұрын
Tough call, because the second he starts showing up late or becomes lazy “you’ll justify it and or allow it” not 💯 % of the time but because he’s your brother any Family member For that matter Ground rules must thoroughly be established & importance scale of the business success tip you either into 1. anger and frustration Causing a divide between said family member Or 2. Submittance You effectively become their employee as they stand around talking a good game but your the only one doing physical work. Don’t believe just wait and see if you don’t polite but firmly establish what needs established. will succumb to the familial hierarchy.
@therealloulove
3 жыл бұрын
Hire the most qualified your running a business
@haroonkhan5933
3 жыл бұрын
I’d be careful
This Blackboard breakdown is perfect! I didn't even know these people in the bubbles where what I needed.🤦🏾♀️ Like I said in my other comment, you don't know what you don't know.🤷🏽♀️
Thank you for your content it's brilliant 🍻
Thanks bruh. I’m writing a book on the subject. Very insightful pointers
Thanks Patrick and #Valuetainment. I have been wondering this for some time. I am more an Administrator and Product guy, I thought what I needed were persons to help me improve #BestYouPro products to make them even better. Your video showed me my error, It would cost to make those improvements and create more products, better to put those resources into driving sales for the products we already have THEN move onto new products to grow the business and offer better service. Much Appreciated.
Sales. Thank you.
Love 4 u mate... Thanks and thanks and thanks sooooo much...Valuetainment!!!👍👍👍👍👍
Excellent content. Thank you!
Thanks for the video! Somehow I came to those conclusions intuitively. I am a sales/bizdev/content/marketing/admin type of person, so I KNEW I need someone with tech expertise in the company. I co-founded my software development agency with someone I enjoyed working with in the past, and we had a couple of nice long talks not related to work, and understood that there is an interest, SO when the time came? We tried launching one product, failed, then founded another agency and it's still on after almost a year :) working on another product now. And much as we are different and annoy each other sometimes?.. We know that we need each other. He's the tech guy, I'm the bizdev gal. However, I wouldn't say that I'm the best salesperson ever (not the worst either), so I'd rather boost this side of our business and hire someone, and focus more on other roles (operations, project management, finance, content). WHICH is WHAT I'm going to do early next year at the utmost!
Thank you Pat.
Strong presentation! Good job!
Thank you Pat!
Awesome pat thanks for your valuable info!
pat, i love your subscribe intro.
Subbed amazing energy great prompt content thank you
Thanks! Appreciate your efforts.
Very helpful but maybe that's because I did exactly this. I am strong in sales in marketing but I operations are difficult for me.
I’m learning so much from your videos My next step is to build myself a great team and I like the way the spurs did it I can’t play basketball very well but my name is Tim Duncan ha ha