Best Tips for Startup Entrepreneurs

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Throughout the years of meeting with many successful entrepreneurs, I've noticed a difference in their mentality as to the way they approach life and their business. In this episode Patrick wants to equip you with 40 Winning Principles for Startup Entrepreneurs because they can truly benefit anyone planning on taking the entrepreneurial road to success.

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1. Celebrate victories quickly and move on.
2. They focus on leading their business rather than controlling it.
3. Continuously improve themselves and their business (reading books etc)
4. They demonstrate and practice financial habits.
5. They avoid working from a panic standpoint.
6. They are not seasonal with their work.
7. They never stop selling and prospecting.
8. They take responsibility when things go wrong and do not blame others.
9. They feed their minds with positivity and don't let negative influences linger in their minds.
10. They do not obsess about profits too early in their business.

arx
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Don't celebrate too long, lead don't micromanage, feed the beast, be good with finances, keep negativity away, be consistent, always be selling and getting leads, take responsibility, keep positive people around them, focus on revenue over profit

clarkbolding
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The way he handled panic is probably the most sound advice ive been needing to hear for a while now

leslienull
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40: 1)one day at a time 2)lead. Dont control 3)life long learning and good attitude. Constantly. 4)be good with money 5)Don't panic. It's bad panic 6)Be consistent(w/ time). Be reasonal. 7)Never stop selling and prospecting. 8)Just take responsibility. 9)keep it positive. 10)Don't obsess over profits.

alexanderohnemus
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This is so helpful. When I started my first business in my 2nd year at university. It was very difficult to engage in long conversation, which was purely because I wasn't well informed about entrepreneurship. A lot of people looked over me because of that. Not being able to engage someone in a conversation was my problem, until I started reading more and more. I totally agree with him on reading more to be informed. I will have to make a video on this as a lot of young entrepreneurs such as myself became a victim of this. Many young entrepreneurs need to see videos like this hence why I decided to start my YouTube channel to tell my story and give practical advice on topics like this.

Nice one ☝️

Shapeways_io
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Pat thanks to your wisdom I've been able to take the first step of building my startup. And I'm certain that as long as I maintain myself humble and teachable I'll be able to build a successful business. Thank you so much Pat! Words can't express how sincerely grateful I am for your help.

rafizxDx
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#38 is important for me, I’d like to get direction on how to create a predictable schedule I can stick to
Also, remembering to check myself when i am getting irritated with others is important for me

averywade
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Thanks VT. Wrote all of em down, asked my self - am doing this and all of the week points showed up, that needs to be improved.

nobertstanel
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Some of these 10 have been covered before. The rest are in the link in the description. All of these are good things to think about and implement. Honestly a lot of these I hadn't ever thought about. That is why I'm here through.. So I can learn!

Thanks Patrick!

johnrolfson
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Thanks bro....u champion one of the greatest causes across civilization.

unitatm
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By now I watched over 40 hours of your channel and you are doing great work that I can tell is because your main goal is to deliver value to others. Thank you very much for that. I'm an entrepreneur and I'm more successful entrepreneur after your videos because now I understand who I'm better. I didn't know there is something called "Entrepreneur" but now at least I know who I'm so thank you for that. I would love to share this wisdom with my brothers which French is their strongest language especially that people in France seems to be week in this area. Do you know any channel that is in French? or do you have your videos translated to French? Same request but for Arabic language. I know this knowledge is much needed in the Arab world as well. Again, thank you very very much Patrick.

NourLababidi
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These are such insightful tips on entrepreneurship!💫 Keep rising to be who you want to be! 💫 #keeprising #risingtobe #aswerise #riser

ProspectivePlans
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good inspiration it shows success is always a journey without destination

jikandlela
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Thank you PBD for these ideas .. Man you rock !!
Thank you & God Bless - Jai Hind.

bikashdev
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Greetings from Kenya!! Great Video. Thank Pat I'll definitely put them von practice.

dennismuhika
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Great points to start being all habits in life and business.

baldeepbirak
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Thank you so much. it's very informative I'll surely apply.

dennismuhika
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I just love your style of teaching! 💡💰 Thanks for all! #entrepreneurlifestyle

DanNistorx
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Honestly you are amazing. I've spent the whole day watching your videos. Your videos are like inspirational business porn. Thank you!

projectrebirth
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Patrick, what if the business is seasonal? What's your advice doing during the non-season? Preparation?

capoeiraguy_official