12 Reasons Why Smart People Fail in Business

There are a lot of smart people that come up to me and say, "Pat, this business thing is a piece of cake. I'm an executive, and I have a degree from XYZ. I'm thinking about being a business owner, and it's going to be so easy for me." They go in extremely arrogant and cocky. Then then boom, they fail, and then they wonder why. So in the video I get into 12 reasons why smart people fail in business.

#1: Shoshin Disappears - 1:41

#2: Too Conservative - 3:44

#3: Over Promise, Under Deliver - 4:53

#4: Fact-Driven - 7:10

#5: Me Mentality - 10:33

#6: Entitlement - 13:39

#7: Won't Admit Mistakes - 17:14

#8: Lack of Selling Vision - 18:44

#9: Outsmart Hard Work - 18:55

#10: No High Road - 21:32

#11: Fear of Adapting - 23:39

#12: Not Getting Hands Dirty - 25:07

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[jjkingler]

If you're the smartest in the room, find another room.

[luisrocksinn]

Pat im confident that 5 years from now ill go to meet you and you will see what you have built! i love you pat thanks so much man!

[XanderBlanc]

Hey Patrick, every morning I watch at atleast one of your videos, and then watch somemore here and there in the day to catch up what I missed. At first, I thought this is just another channel wanting subscribers, but as the content is so good and relatable from the 1st video I ever came across, thanks to youtube's auto suggestions, I got hooked with this brain food! I subscribed 2 days later! I come from a really poor background and built my way to a comfortable level thanks to God (He introduced hard work and faith in me!). I'm an aspiring entrepreneur, I keep learning and I gotta say, your contents are magic! I just wanna say a big thank you for what you're doing (which isn't even enough) and God bless!!!

[PriyankaVerma-dbjr]

every point you made in this video is something a person with a great vision in their life must work on- thanks for putting up such an awesome content that makes us think where we are at the moment and how much more we need to commit to dilver the vision and the purpose

[iTryaiK]

EVERY video you post motivates and educates, I love it.

[yvonneruvinski]

Being smart means being intelligent, or being able to think quickly or intelligently in difficult situations.

[andyt]

Funny story about asking about their dream and where do you want to be. I told Regional manger, “I want your spot in a couple of years. Lol, I don’t think he liked that cause now he has me doing all of the grunt work. Even thought I should be at the desk. I think he wants me to quit. Hahaha I’m not that easy, well I am polish and we are stubborn.

[Wilson_Cool]

9:00 story based. Bad numbers but we go forward.
17:16 WHAT IF YOU MADE MISTAKE

[clashgamerxp]

awesome content like always (watched it 3 times :D) love 0:30 and 19:40 :) and for 16:40 can't wait for what's gonna happen :) maybe a university for entrepreneurs ( you mentioned that some where In the past :D)

[Peanut]

no way you are from san bernardino too!? me too!

[businessyoungsters]

Hello Patrick sir, I am 15 years old and every video of Valuetainment is better than 1000 lectures at school. Thanks sir for putting up great content

[paul_neff]

This dude should be at 10 million subscribers already.

[notatheist]

"12 Reasons Why Arrogant People Fail In Business: The Value of Humility"

[strangersound]

"If you're the smartest person in the room, you're in the wrong room."

"Have no fear of perfection - you'll never reach it." - Salvador Dali

[joelow]

when u become full of yourself and you stop learning and growing you are dead in business

[NachoTV]

Basically smart people need to humble down. Another great lesson today Pat!

[juliantreidiii]

So what you are talking about is not smart; it is ego. A lot of smart people do not understand that people operate under a different logic from the rest of the world. Smart people like change.

[JonnySelProductions]

As a smart, yet humble guy myself, this was a big wake-up call and a source of assurance for me.

Thank you so much Patrick for making this video. I don't know where I'd be without watching this.

[sbdru]

Very educative eye opener. The humility of admitting you're not as good as you think you are and staying in learning mode is priceless. Thanks Pat for always giving value.

[akmalraksa]

Man, thanks a lot for the lecture.. I'm 24 just promoted as a CEO for this small company. I started here in this company as a writer, now I can do a lot of things and I'm the CEO of the company in just 5 months. And your vids are just inspiring, thanks for everything, Man!