Entrepreneurs Masterclass: AI Takeover, Business Trends and Philosophy - Daniel Priestley
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- เผยแพร่เมื่อ 14 ก.ค. 2024
- This is an Entrepreneurship Masterclass, I sat down with an incredible entrepreneur, author and friend, Daniel Priestley for almost a 3 hour conversation diving into how AI will impact businesses, the business models and trends that we need to know about and our philosophies for life and success.
Daniel explains how we stand on the cusp of a new era where AI is a multi purpose invention that will affect every single aspect of our lives. With a keen eye on future trends, he discusses how businesses can adapt to remain competitive and relevant in an increasingly automated world.
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Who am I?
My name is James Sinclair and I'm the founder and CEO of The Partyman Group of Companies. I started building my business when I was just 16 as a family entertainer after that I built up an entertainment agency, then moved into building a leisure and day nursery businesses. Today we operate a £30 million business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest Ice cream companies; The Rossi Ice Cream Company.
⌚️Timestamps:
00:00 Intro
01:56 Are you satisfied?
04:25 World Demographics
12:13 What do you think about?
13:40 Business VS. Politics
31:57 Daniel Priestleys Businesses
35:55 Working from home VS. Office
46:50 Content Creation & Marketing
56:48 Favourite quote to live by?
01:03:25 Rare and protected forms of leverage
01:17:30 Who do you admire?
01:23:37 8 Traits of Great Entrepreneurs
01:35:30 The generational wealth shift
01:45:00 Property and Investments
01:51:30 Are you comfortable with debt?
01:58:18 Richard Branson or Bill Gates?
02:02:40 Disney VS. Apple
02:09:15 Artificial Intelligence
02:19:20 Your Legacy
02:23:07 SWOT analysis on Daniel Priestley
02:26:10 Globalist Economy
02:31:59 Daniel Priestley Podcast
02:39:46 Gift from Daniel Priestley
![[TH] VCT Pacific Stage 2 - Playoffs Day 2 // PRX vs GEN | DRX vs TLN](http://i.ytimg.com/vi/gmrSk-_ahlA/mqdefault.jpg)
I loved this chat!!
You are literally everywhere Dan…almost like you’re a Key Person of Influence 😉 honestly, it’s so great watching this happen for you 👏🏻👏🏻👏🏻👏🏻
So true
I enjoyed this more than the DOAC interview. Bartlett's superficial fluency doesn't make for the best of interviews.
Thank you for defending working remote! Fantastic chat. I found you through Diary of a CEO and look forward to listening to more interviews in the future.
The best take away for me from this podcast was, how professionally they agreed to disagree on some topics, but put on a great show overall. Thank you for this value bomb.❤
I love how open and honest is Daniel, I agree with everything he says. James, please wait until the other person finishes sentences, don't interrupt all the time. You speak more than Daniel. Presenters' listening skills are more important than speaking.
I couldn't agree more
We're here to listen to Daniel. Let us hear him
I'm 30 mins in and I'm leaving. I can hear the guest better on other podcasts
I disagree. I really enjoyed this conversation. And I want to hear from James as well as Daniel.
If I want just Daniel I go to his socials.
I have to say I agree. I appreciate all the questions he's asked ...but I wish he(James)felt comfortable enough with the silent pauses and letting Daniel answer.
D'you know what? I love how this interviewer pushed on certain questions but I love even more how Daniel stood by what he believes and was willing to back it up. I was watching a clip of Angelina Jolie the other day where she said "I will never understand why this is my life and why that is theirs", referring to a woman on the other side of the earth and now lives their life as a refugee not knowing where the next meal for their family will come from. Acknowledging that she is probably no more talented and no more hardworking than that person, but somehow, she was born at the right place, at the right time and with access to plethora of opportunities. Thank you Daniel, you are a good person for thinking like this!
Really touched by the discussion about grandparents. My gran loaned me the money to get my first few property deals under my belt at 90 years old. Coming from a large family, she never wanted to favour anyone, and told me that if she died before the deals finished, she told me that I had to repay it immediately so that no-one got upset.
Ill never forget how my gran helped me and how that changed our family forever!
What a great thing. Grandparents are so influential. Really warms the soul hearing your story.
Ali Abdaal’s audience is so engaged, I think my interview has now had 180,000 downloads and produced 1,500 leads in the first 90 days. So conservatively with Dan’s 2m+ views that’s easily 15,000 leads and based on my revenue from the interview, at least £1m in new business for Dent and ScoreApp. Not bad for a few hours work 😉😉
Great interview! I do wish the interviewer didn't cut the guy off so much. I do like the push for answers but it would be awesome to let them finish a thought. Looking forward to more.
Thanks Daniel…I am a nurse in ED….at least someone understands
Daniel Priestley and James Sinclair - what a convesation!
I can’t tell you how much I enjoyed this. Two switched-on, committed, emotionally intelligent, thoughtful entrepreneurs talking about what it really takes to be successful. A wonderfully bro-free environment for all to learn and be inspired!
Oh wow Dan…The clarity with which you explain concepts like escape velocity, distinguishing between different types of entrepreneurs and businesses and explaining why you are interested in the businesses that you are, is impressive. Your confidence in your identity and your work is admirable, and your unwavering perspective on business is inspiring…I love that you are not shaken by any other type of entrepreneur’s pov and you still engage respectfully without ego which is rare to see. My husband and I are now adopting your approach for our businesses. Thank you, Dan!
I discovered Daniel Priestley via Ali Abdalʻs TH-cam/Podcast, and then after that watched him on Diary of a CEO. What he said here is so true. The real value is not one of the events but in the pattern of events. And the long tail effect of it ... I enjoyed this TH-cam/Podcast chat too. Thank you.
Two of the best. Dan is everywhere at the moment!
wow fabulous James! Been listening to Daniel all day with the DOAC and yours. Thank you what amazing time to be in business.
This statement really hits, "Good things happen to people who have access to rare and protected forms of leverage."
Now you know, make sure you find ways to get it!
ooooohhhh super long format content - yummy ! - that's me sorted for most of my working day window cleaning on the Shokz headphones. More 1+ hour episodes please. Love listening about different businesses and industries. Same similar challenges are in most businesses
That was a really lovely, and informative chat. It felt like James was super genuine in his compliments to Daniel.
The insights on AI's impact on business from Daniel Priestley are spot-on. For entrepreneurs looking to stay ahead, consider leveraging AI for predictive analytics in your sales process-it can significantly enhance forecasting accuracy and pinpoint untapped opportunities. The key is to integrate AI in a way that complements human creativity and strategy.
Daniel Priestley was one of the first of the modern business people I came across, probably 10 or so years ago. It's weird that he's now only just trending. He missed a trick by not going onto digital platforms like TH-cam sooner. As such, others have stole his true thunder - he'd have 100M+ subs if he'd have moved first.
With young kids I didn’t want it. I feel like industry fame is better than real fame.
A fantastic chat, two and half hours flew by, and i will watch it again tomorrow. 2 very switched on men, discussing honestly about everything. Its wonderful to see the admiration and respect that they have for one and other.
Thank you for the great information that I got for this podcast. I do agree Daniel is a very smart person. He knows his way.
I didn't like the interruptions but to be fair , if i'm not mistaken these 2 guys know each other quiet well and overall it is a general chat. GREAT GENERAL CHAT
Exactly - this was a great chat between good friends. James and I have known each others for years.
I really enjoyed this interview and although I know there were some responses cut short (now I think back on the interview, didn't notice too much at the time) I just enjoyed two friends "talking shop" and bromancing. James is such a fan boy 😆 but I think it made for a nice relaxed interview. I think DOACEO can be a bit heavy for me at times so I'm glad of an interview where it's a two way conversation.
Absolutely fascinating information in this podcast, what a treat!
I could have listened to hours and hours more!
Top content Mr.Sinclaire! 🎉
this is just beyond a brilliant chat, some clashing point of views in conversation making the intelligence of both beyond clear
Best podcast I have ever watch!! It was so entertaining!! What a conversation 🔥🔥🔥
Brilliant podcast this, James. Your TH-cam career is getting better and better 👌🏻
That was an amazing journey that you both took me on... I thank you both for being so honest & interacting with each other so well. And being an Aussie of English grand parents I totally enjoyed it.... All the Best from Linda
super interesting chat …. stoic philosophy is the way to go
Great interview, that guy's a genius
Really great conversation. Was interesting that there were points you agreed on the idea but not necessarily the implementation. Makes it so much better than people agreeing with each other all the time.
Love both daniel and James, two people i respect very much. Great podcast!
Loved this episode
I read a lot ! Well said Daniel 👏
What a great podcast today. Great to see the variety of views and mind expansion. Good job lads.
Sorry about your Nan. Condolences. Great to hear both of your ideas.
Thanks 🙏
My two favourite entrepreneurs
So true
Great conversation between 2 great Entrepreneurs! I had the privilege of meeting Daniel many years at a local Entrepreneur event, actually opposite Roller City James. Great stuff, keep them coming. 👍
Great video James, I've listened to Daniel at an recent event. Love his score app. 👍
As somebody who was diagnosed with a large brain tumour a month ago, I was somebody who also said I'm not scared of dying. Now I absolutely have the opposite view on that.
I am so sorry to hear that. Hope you have the best people helping you.
Sorry to hear it. I hope that comment didn't come off as insensitive. It's a hard question to answer.
Thanks for sharing this talk between two smart hardworking people. Really enjoyed it. Cheers from Mexico 🇲🇽.
Really good, watched it all. 2 of my favourite people, great info.
Really honest! I’m a new listener - first time actually- I’m so impressed with the way this interview began with and held high to the end, so much open minded honesty- no fear of offending someone or fear of judgment, just intelligent conversation with two good looking men who value learning, thinking and curiosity! Well done my friends!
Amazing conversation. Lots and lots of food for thought especially around AI. Thank you
Fantastic listen fellas, thank you!
Always a pleasure to listen to Daniel, something new on every podcast
Time stamps would be a added bonus
Timestamps added :)
What an absolute brilliant interview. Great to see two entrepreneurs bouncing off each other even if they don't always agree on certain things.
Oh and James, I'm really sorry to hear about your nan. Deepest condolences.
Thansk and thanks 🙏
I LOVED THIS
Fantastic video! I honestly think we are living in the best time ever.
We are living in a dying civilisation, people are not reproducing. Going extinct.
Awesome conversation! 🙏🏼🙏🏼
Glad you enjoyed it!
What a great podcast gents...really good insights, Thank You!
One of the most captivating interviews I’ve watched recently.
An absolute banger of an episode!
Nightclubs, raves pubs, couldn't agree more, they're Disappearing and that culture is dying.
I too am moving abroad, Portugal in June, 5 years ago + I would've said London is best place (and I've travelled the world) but there's been a sharp shift in the last two years.
Value for money isn't there, and I'm not even referring to how expensive things are.
Plus side, I never heard of dodge so will be subscribing to his channel.
Keep up the great education you share James.
Great interview Thank You 🤩 Touched on so many relevant issues
Good Morning Campers.
Great video 😎
Thanks 😁
Love the FRIENDLY banter here gents. Daniel is GOLD. You had different view points but kept it professional. Only tip would be letting the guests talk more on what in their heads--- but good job nonetheless James!
I’ve watched many interviews with Daniel and I love that this interview goes in a different way. Love this
Looking forward to this one!!!
great interview
Interesting and valid points shared.
James interrupts Daniel quite a few times when he's replying to a question 😖 would've loved to have heard the response....🙄 Steven Bartlett from Diary of a CEO is an expert at that, he asks a question then shuts up & waits...
Absolutely.
Dan's the man.
I bought all of your books after hearing you on Ali’s Podcast. Cheers from Australia! 😊
Great Interview James, really enjoy your content and love your channel. To give some honest feedback, many times you’ve cut off Daniel mid sentence. I know you’re excited to respond to him, and you have amazing insight yourself but sometimes I really wanted to hear what he had to say and you politely bit somewhat abruptly cut him off. Not to be critical, just an observation and possibly something that can be improved upon for upcoming interviews.
Thank you for having Daniel on, you both are amazing and inspirational entrepreneurs!!
Candice
1:12:00 onwards was refreshing.. in fact that whole section was great.
As much as I appreciate the wide array of topics, I have to agree with other commenters that the constant interruptions are not useful and distract from the point of view and wisdom Daniel has to offer. If James worked on his listening skills he would probably arrive at deeper insights about the topics he seems to care so much about.
Every graph I've seen population is growing. UK grown 10million since 2001.
James, I love your channel. I have a lot of friends that have small businesses and they don’t really have them financed correctly, they don’t have a bank behind them and with interest rates on credit cards over 20% they are getting killed. Can you do a video explaining how you got your bank relationships to where they are today
Slowly slowly slowly. You need to take the 20 years it’s taken to get them. It’s so hard.
Dan. Nice work on explaining AI as a seed. Useful 🎉 good conversation u two
James you need to go on Question Time next time they have a business segment
I’d love to!
He's right they do want the same things as the politicians a rentier economy.
There is a country is coming up now in Oman 🇴🇲 everyone need to watch this country
Killer podcast James. Rory Sutherland at some point would be amazing.
I do like him.
That was worth paying for, thank you.
i love the topics but why so many side comments and interruptions?
Would really like to see these split into chapter timestamps like you see on Diary of a CEO and Random Show by Tim Ferriss. Not many people have the time to sit through 3 hours of content when they aren't sure what topics are being covered
People have the time, they waste hours on consuming useless content scrolling through tiktok and the likes, they don’t have the patience or attention span.
Timestamps added, thanks!
@@JamesSinclairEntrepreneur Awesome, I know it's a pain, but timestamps also increase rankings in the TH-cam algo so it is worth it. I actually watched most of this and it was good, but I had to gamble on whether 2 hours was worth it, it was though 👍
@@hassanamir387No, business people and entrepreneurs don't actually, with most working 60 hour+ weeks. You aren't going to gamble on watching something for 3 hours without knowing specific detail of what is covered. People's time is precious, so give people the option.
What a conversation! Good to see James channel exploding after all that graft
I thoroughly enjoyed this chat but if future podcasts have this many ads i might give it a miss
We don’t put any ads on it that’s TH-cam that does that.
That’s why I have premium….. no more ads; changes your life!
Love the content.
Just a heads up the audio is out of sync in places
Good interview. Could have been great. The interruptions were too many.
James is not just geo based - hence this video
Only made it half way, too frustrating. Looking for another interview with Priestly, he's got some fantastic points but he can't get 2 words in edgeways.
Try diary of a CEO
Minute 1.53.21 houses do not make money in the Uk..? This applies to houses in the south but not in the north or specifically Yorkshire where both rental yields and capital growth is great. It’s mostly a hands off business if you do it right and choose great tenants. And it’s low risk compared to other businesses. Not everyone has 500,000k to invest into a saas. Managing more than a handful of employees would be a pain to me not managing great tenants.
Let your guests speak and don’t interrupt their ideas
Would love to know more about those CS folks based in the Philippines, I'm in CS myself, what is it that sets them apart ?
interesting. but the tapping sound is a bit irritating
UAE - If you earn 100K you get the keep 100k? Well, that not true mate - cost of living is high in Dubai & negates the zero tax advantage. I have seen people who moved to Dubai 3 to 4 years back move out of Dubai due to this reason.
James, have you considered that you may have ADHD? Your behaviour, inability to just listen, the need to say what comes to your mind immediately, the difficulty recalling what was just said.....
Knowing this about yourself will change your life.
I disagree about Lego not innovating. Maybe not innovating the core IP of how the bricks stick together but they've innovated in other areas to ensure their ongoing success (see JS' company quadrant #2 - Company you want to be).
Risks, data and insights were all involved to achieve this.
They've innovated their channels: Movies, Video games.
They've innovated their partnerships: Minecraft, Disney, Nintendo, etc.
They've innovated to understand their markets through different age ranges
They've innovated to understand their markets through collectors sets.
To achieve that innovation Lego had to go through a digital transformation, and think bigger than being just children's toy bricks at a retail store.
James, with all due respect, please give more chances for your podcast guest to speak. You keep interrupting and talking over them too often.
James, not here for you, it’s the people your being on. Take a backseat on your next interview, or get your team to being in someone to coach you on listening.
I’m so sorry. I’ll try harder.
Just an FYI It’s not an interview, it’s a conversation.
Don't worry bout ai Bizz, we will all be dead soon🤣😅
Everything he is saying is just obvious common sense if you have been researching online business for the last few years like I have. Also the quiz idea is widely known as the top lead generator for years. It’s not his creation like the interviewer seems to think 😂
Arrr thanks for your positivity and kindness
ITV has less adverts than this James!
I have zero adverts; what are you talking about?
Hi James, love your energy and stuff .. it’s great! But honestly only came here because you interviewed Dan …. could you please interrupt your guests less? & allow them to speak more … I think Dan didn’t say as much as he wanted to.
Very cool conversation. The Bible (The Word of God, whether you believe or not) already talks about a one world system thats going to come into play. Guys wrap your heads around that one. Hate to be doom and gloom but some seriously hard times are ahead. Hope once youve invested materially I hope you've also invested spiritually 'cause all we see and have now wont last forever. Jesus is a good place to start.
Store up your treasures in AI and you will live forever and ever and be just like God. That's the new religion. That is, until the grid goes down.
So many contradictions in a few minutes: we shouldn't be taxing people, but we need a strong military, food security and energy independence. Don't these things come from taxation? Or am I missing something?
Of course we should tax people. From my side, we should make tax fairer so it’s from profits not turnover.
Enjoying the chat but and it is a big but, you both seemed to push a totalitarian system of government (25.00 mins in)but a libertarian low tax capitalist economy................
Absolutely not interested in anything remotely close to a totalitarian government.
I think we talked about a government that could get stuff done with less in-fighting … hopefully that could be achieved with a smaller government that does the few things government is good at well.
Demography is so important. The West as a whole is replacing it’s population with a lower IQ one, implementing quotas on recruitment, the result? “Competency crisis”, planes catching fire, trains derailing and so on. My advice is get as rural, and as independent as you can. There is no chance that Western civilisation continues under these conditions. Collapse, and ethnic breakup is inevitable.