Patrick Bet David ON: Mental Discipline, Entrepreneurship & Big Picture Thinking
Oct 26, 2020
auto_awesome
Patrick Bet David, an entrepreneur and founder of Valuetainment, shares his inspiring journey from war-torn Iran to the world of business. He discusses the power of mental discipline, emphasizing how it can elevate ordinary lives to extraordinary successes. Patrick introduces his “Next Five Moves” strategy, tackling fears of the unknown in entrepreneurship. The conversation also highlights the necessity of embracing challenges for personal growth and the impact of genuine relationships in navigating the competitive business landscape.
Embrace the unknown and push yourself to achieve more, even if it means taking risks and facing challenges.
Gain mental and emotional strength by pushing through pain and hardship, drawing from experiences in the military.
Visualize challenging scenarios to maintain mental discipline and stay focused on goals.
Discover your own motivations and unique path to success, rather than comparing yourself to others.
Deep dives
The Importance of Embracing the Unknown
Patrick emphasizes the importance of not settling for a normal life and embracing the unknown. He shares his personal experience of making the decision to pursue his dreams instead of taking the safe route. He encourages listeners to push themselves and not be afraid of the risks and challenges that come with it.
The Influence of the Army on Patrick's Success
Patrick discusses the impact of his time in the army on his success and mindset. He highlights the structure and discipline he gained from the military, as well as the mental and emotional strength required to endure the challenges. The army taught him the importance of pushing through pain and hardship, which has helped him in his entrepreneurial journey.
The Power of Visualization and Mental Discipline
Patrick shares his habit of visualizing his dad's funeral to motivate himself. He explains that visualizing such scenarios helps him maintain mental discipline and stay focused on his goals. This practice allows him to confront the unknown and push himself to achieve more.
Knowing What Drives You and Embracing Your Unique Path
Patrick emphasizes the importance of understanding what drives you and embracing your own unique path to success. He encourages listeners not to compare themselves to others, but to discover their own motivations and contributions. Recognizing one's purpose and unique strengths is key to finding fulfillment and achieving greatness.
Identifying the Right Industry and Working for the Best
One of the first steps in starting from ground zero is to identify an industry that aligns with your talents. Then, find the best person in that industry and work for them. If that's not possible, work for someone in the top five of the industry. Dedicate yourself to supporting their goals and helping them succeed.
Knowing Yourself and Building the Right Team
The key to success in business is knowing yourself and understanding your strengths and weaknesses. By identifying your role and the type of leader you are, you can build the right team around you. Surround yourself with true believers who share your values and have the skills that complement yours. Finding the right team members who are aligned with your vision and goals is crucial for long-term success.
Adapting and Innovating During a Crisis
The COVID-19 pandemic presented a significant challenge for Patrick and his company, which relied heavily on face-to-face sales. However, instead of panicking, he embraced the crisis as an opportunity to adapt and innovate. He immediately researched how other pandemics had affected the market and found that historically, the market had always recovered within 12 months. With this knowledge, he pivoted to selling through Zoom and worked with insurance carriers to provide flexibility for clients. As a result, his company not only recovered but thrived, achieving record-breaking sales and profits during the pandemic.
Are you an entrepreneur or have dreams of being one? Do you crave mental discipline that will set you apart from others? In this ON Purpose episode, Jay Shetty sits down with Patrick Bet David to share how you can take your life from the ordinary to extraordinary by practicing mental discipline and big-picture thinking.
Tune in to hear how to overcome the fear of the unknown and apply Bet David’s “Next Five Moves” strategy to launch you toward success. -
Text Jay Shetty: 310-997-4177
Train your mind for peace and purpose everyday. Grab a copy of Think Like A Monk, or listen to the audiobook now!
