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12 Mistakes I Made My First Year as an Entrepreneur

For detailed notes and links mentioned in this video, please visit http://patrickbetdavid.com/mistakes-made-first-year-entrepreneur

Today I want to talk to you about the dumbest mistakes I made my first year as an entrepreneur.
As I was making a list of all of the dumb mistakes I made, I realized that this episode could have lasted six, seven, or even eight hours, but instead of covering all of them, I’ll just share the 12 dumbest mistakes I made my first year as an entrepreneur.

#1: I Almost Quit – 0:22

#2: Trying to Become CEO Too Early – 0:49

#3 Trying to Take Advice from Too Many People – 3:16

#4: Not Knowing How to Ask for Advice – 5:22

#5: Forcing Vs. Influencing – 7:08

#6: Living the Dream Too Early – 8:21

#7 Trying to Sell Too Many Products as an Entrepreneur – 9:54

#8 Thinking I Knew it All – 14:01

#9: Partying Too Hard – 16:07

#10: Acting Like a Boss Instead of an Employee – 18:49

#11: Not Having a Schedule – 20:16

#12: Not Knowing the Value of a Business Plan – 20:59

Those were the 12 dumbest mistakes I made — there were a lot more! Comment at the bottom to let me know the biggest mistakes you’ve made, and if you haven’t already done so, be sure to subscribe.

For detailed notes and links mentioned in this video, please visit http://patrickbetdavid.com/mistakes-made-first-year-entrepreneur

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Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics. To see more videos from Entrepreneur Network partner, Patrick Bet-David check out VALUETAINMENT https://www.youtube.com/user/patrickbetdavid

Innovation First Person APM video – WCG Korea Qualifier 2013

First Person APM video of Innovation, recorded during the WCG Korea Qualifier 2013. Innovation was the first StarCraft 2 Champion for WCS in 2013.

By the way, this is what it looks like when I record one of those videos: http://i.imgur.com/cEm1u3X.jpg Taken by one of the korean journalists

Social Media Links:
– http://www.Twitch.tv/Khaldor
– http://www.Twitter.com/Khaldor
– http://www.Facebook.com/KhaldorTV
Video Rating: / 5

First Follower: Leadership Lessons from Dancing Guy

Official transcript at http://sivers.org/ff

If you’ve learned a lot about leadership and making a movement, then let’s watch a movement happen, start to finish, in under 3 minutes, and dissect some lessons:

A leader needs the guts to stand alone and look ridiculous. But what he’s doing is so simple, it’s almost instructional. This is key. You must be easy to follow!

Now comes the first follower with a crucial role: he publicly shows everyone how to follow. Notice the leader embraces him as an equal, so it’s not about the leader anymore – it’s about them, plural. Notice he’s calling to his friends to join in. It takes guts to be a first follower! You stand out and brave ridicule, yourself. Being a first follower is an under-appreciated form of leadership. The first follower transforms a lone nut into a leader. If the leader is the flint, the first follower is the spark that makes the fire.

The 2nd follower is a turning point: it’s proof the first has done well. Now it’s not a lone nut, and it’s not two nuts. Three is a crowd and a crowd is news.

A movement must be public. Make sure outsiders see more than just the leader. Everyone needs to see the followers, because new followers emulate followers – not the leader.

Now here come 2 more, then 3 more. Now we’ve got momentum. This is the tipping point! Now we’ve got a movement!

As more people jump in, it’s no longer risky. If they were on the fence before, there’s no reason not to join now. They won’t be ridiculed, they won’t stand out, and they will be part of the in-crowd, if they hurry. Over the next minute you’ll see the rest who prefer to be part of the crowd, because eventually they’d be ridiculed for not joining.

And ladies and gentlemen that is how a movement is made! Let’s recap what we learned:

If you are a version of the shirtless dancing guy, all alone, remember the importance of nurturing your first few followers as equals, making everything clearly about the movement, not you.

Be public. Be easy to follow!

But the biggest lesson here – did you catch it?

Leadership is over-glorified.

Yes it started with the shirtless guy, and he’ll get all the credit, but you saw what really happened:

It was the first follower that transformed a lone nut into a leader.

There is no movement without the first follower.

We’re told we all need to be leaders, but that would be really ineffective.

The best way to make a movement, if you really care, is to courageously follow and show others how to follow.

When you find a lone nut doing something great, have the guts to be the first person to stand up and join in.


Original video at http://www.youtube.com/watch?v=GA8z7f7a2Pk
Video Rating: / 5