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Your Next Five Moves: Master the Art of Business Strategy

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Rather than competing in games where you’re an underdog, find unexplored new markets in which you can win. I swore that my dad would never again work at the ninety-nine-cent store on the corner of Eucalyptus and Manchester in Inglewood, where he was regularly held up at gunpoint. He was never going to get lousy health care for the rest of his life. Neither he nor I was ever going to feel ashamed again. Keep figuring out how to replace yourself because your time is most valuable in this process. Once you figure out what you’re passionate about and as long as you’re doing it, you’ll be successful in doing that one thing and you keep doubling down yourself learning more.” Learn Each Individual’s Love Language In a November 2016 interview with Inc. magazine, Corcoran said that she had turned fury into her best friend. “The minute a man talked down to me, I was my best self,” she said. “I was going to get from that person what I wanted, come hell or high water…. He was not going to dismiss me. I would not tolerate it. I would say quietly to myself, ‘F@#& you.’?”

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

Read more on team-building and performance management in the summaries for Work Rules! and High Output Management. MOVE #4: STRATEGIZE TO SCALE UP Here are three methods for negotiating in a way that sustains long-term success: Method 1: Prepare Extensively for Meetings I said to myself, “ Bet-David. The world’s going to know this last name. I know the pain we went through. I know the challenges we went through as a family when we came to America from Iran. I remember how embarrassed Mom would get from speaking broken English. I remember the look on Dad’s face at family gatherings when he was looked down upon by people. Before long, you’re going to be so proud of your last name. You’re going to be so proud you came to America. You’re going to be so proud of the sacrifices you made.” Shortform note: In Zero to One, Peter Thiel provides additional context for why equity is a good form of compensation. 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 Don’t complain that the game is rigged. Instead, find a game in which you have a differential advantage.”I had to look inward and get clear about who I wanted to be—and where I wanted to go. The list I made looked something like this:

Your Next Five Moves ebook by Patrick Bet-David - Rakuten Kobo

The second reason was that once I had that picture, I then asked myself how a company that looked like that would have to act. I then created a picture of how IBM would act when it was finally done. 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. To achieve success and fulfillment, you must handle thousands of problems and decisions. Hone your problem-solving skills to get better outcomes and pre-empt problems in the future. This requires that you:Shortform note: In The Oz Principle, Roger Connors and Tom Smith agree with Bet-David that employers should hold employees accountable for achieving goals and that employees should hold themselves accountable for achieving those goals. To encourage this kind of accountability, Connors and Smith suggest teaching employees that accountability doesn’t mean blaming themselves for everything that goes wrong. Rather, it means doing whatever is within your power to improve your odds of success.) Part 4: Build and Maintain Momentum

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