Your Next Five Moves: Master the Art of Business Strategy

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That’s just paranoia, I reassured myself. Give him the benefit of the doubt and hear what he has to say. 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. Whether you are a business major in college or someone who is already running a business, you can benefit from Your Next Five Moves. Additionally, the book is an easy-to-read and well-structured book that you can zip through In The 5 Love Languages, Gary Chapman divides the ways you give and receive love into 5 categories: Do you know who you want to be? Do you have a clear vision of what that looks like? At this very moment, is the way you are acting consistent with your future truth?

Your Next Five Moves by Patrick Bet-David - Audiobook Your Next Five Moves by Patrick Bet-David - Audiobook

Shortform note: Bet-David recommends building momentum but doesn’t clearly define what “momentum” means to him. We can conceive of momentum in business as the continually increasing ability to succeed easily in whatever new venture or campaign a company attempts.) Method #1: Build Internal Trust The purpose of this Move is to identify what matters to you the most and help put a strategy together that fits your level of commitment and vision. I may influence you to question certain decisions or ways you’ll go about fulfilling your vision, but it’s up to you to decide to stretch yourself and think bigger. I want to get my hands on every single strategy book out there to see the game from a broader point of view so I can learn how to minimize corporate bullying. Know your company’s practices and procedures. Write down each department’s practices and procedures to help transfer skills

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You will stop hiring people and delegate it to an HR manager. You’ll hire an accountant to handle your books. 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. Bet-David breaks this down into 3 parts:

Your Next Five Moves - Patrick Bet-David | Book

While his title talks about Five Moves (something that maybe only true geniuses can handle), its really his Rule of Three that he uses most often, especially urging one to always think about having three options, and evaluating each one of them before moving in any particular direction. Doing this very few people do, and it would be highly advantageous to many people if they did. Just stopping to think and force oneself to ask What else could I do? will often generate highly creative and profitable solutions. Shortform note: Even if you provide your mentor with the information Bet-David recommends, they still might not want to connect you to investors unless you give them something in return. In Never Eat Alone, Keith Ferrazzi proposes that in exchange for their help, you can offer your mentor loyal support in the future. For example, if they embark on their own business venture, you can loyally support them by using your social media platforms to promote their work.) Part 2: Find Ways to Grow Both Steadily and Aggressively How to hire and retain the right people. This involves attracting the right talents and advisers, having a robust recruitment process, and developing an attractive compensation plan to retain people.If you want to get clear on who you want to be and learn to think strategically with a long term view this is the book for you! Yet another thing is effectively working with others to find out what their goals are, especially in hiring them to begin with, and then, when/if their performance falters, asking them to compare their goals and their performance. Shortform note: Bet-David suggests that small companies grow incrementally to take down their large competitors, but he doesn’t specify what sort of growth companies should try to achieve. Small companies might grow competitively by committing to superior customer service. Their small size allows them to have more personal interactions with their customers, which boosts customer satisfaction and competitiveness.) Tactic #2: Tell Your Story Effectively What determines if you win in any game (or business) isn’t how good you are; it’s how good you are relative to your competition.”