The Best Time to Specialize or to Generalize

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  • เผยแพร่เมื่อ 2 ธ.ค. 2024

ความคิดเห็น • 244

  • @rujotheone
    @rujotheone 4 ปีที่แล้ว +127

    "Wealth is created by specialization and preserved by diversification" .

    • @alexlee8639
      @alexlee8639 4 ปีที่แล้ว +4

      Rujo Onye wow good one

    • @gabrielonibudo5710
      @gabrielonibudo5710 4 ปีที่แล้ว +1

      a better way of phrasing it could be "wealth is started by specialisation but grows by diversification".

    • @alexlee8639
      @alexlee8639 4 ปีที่แล้ว

      gabriel onibudo disagree.

    • @naijawindandsolar
      @naijawindandsolar 4 ปีที่แล้ว

      Awesome quote

    • @peterlewis6832
      @peterlewis6832 4 ปีที่แล้ว +5

      @@gabrielonibudo5710 It grows much more quickly by specialization in my experience. I think he worded it right.

  • @johnmoney7626
    @johnmoney7626 4 ปีที่แล้ว +18

    This guy makes me feel extremely at ease and comfortable.

  • @VALUETAINMENT
    @VALUETAINMENT  4 ปีที่แล้ว +64

    Valuetainers,
    YOU are the reason why I wrote this book.
    “Your next five moves” is a book I wish I had in my hands when I was 25. It would’ve saved me millions and helped me do everything I’ve done in half the time.
    Can’t wait to get it in your hands.
    Click here to order a copy:
    www.amazon.com/Your-Next-Five-Moves-Business/dp/1982154802/ref=nodl_

    • @prolifeloudness9612
      @prolifeloudness9612 4 ปีที่แล้ว +6

      Thank you for providing so much quality content! Just preordered your Book and looking forward to it.

    • @bradhouston4734
      @bradhouston4734 4 ปีที่แล้ว +1

      Pay, this is tearing at me a bit. I’m about to launch a Crowdfunding campaign to enter a really competitive market and I have been thinking of leaning into the audacity of “just coming out of the blocks hard”, getting people psyched on being pat’s of the 1st percent of something huge.
      Maybe even highlighting the fact that 99% of people do it the sensible way, we want to be the radical 1%.
      Thoughts??
      😀🕺🏻🎥🏖🇦🇺

    • @alantinoalantonio
      @alantinoalantonio 4 ปีที่แล้ว +4

      *Five

    • @ahmedalthaf2028
      @ahmedalthaf2028 4 ปีที่แล้ว +2

      All the best on your next move Patrick 👍🏽👍🏽👍🏽

    • @deepaklaishramz
      @deepaklaishramz 4 ปีที่แล้ว

      I need it in ebook

  • @MikeBarron1
    @MikeBarron1 4 ปีที่แล้ว +1

    Focus is the key! 💪

  • @PassiveIncomeTom
    @PassiveIncomeTom 4 ปีที่แล้ว +31

    *It's key to niche down in the beginning. What are you know for? Then once you're established you can add other tools to your belt.* 😉

    • @epsilon3821
      @epsilon3821 4 ปีที่แล้ว

      Great takeaway, this principle applies to investing too
      Focus, then diversify after a certain point

  • @VALUETAINMENT
    @VALUETAINMENT  4 ปีที่แล้ว +13

    Are you currently specializing or generalizing?

    • @joeludemann
      @joeludemann 4 ปีที่แล้ว

      I'm specialised for the first time in my life. All in cash, keeping it simple and trying to be nimble while I'm waiting for a bit of clarity and value

    • @alexlee8639
      @alexlee8639 4 ปีที่แล้ว

      Specializing

    • @luistrejo7249
      @luistrejo7249 4 ปีที่แล้ว

      I am specializing like a consulting engineer, focus on adding value in 2-3 types of activities, with a great team of professionals in their fields. When we will grow and stabilize to a certain level, adding more value proposals to new clients and contracting more employees/partners I think is the rational path for prosperity.

    • @taqimckinzie
      @taqimckinzie 4 ปีที่แล้ว

      Specializing

  • @francelinopereira2468
    @francelinopereira2468 4 ปีที่แล้ว +1

    I Opened a one year ago my own Business DREAM SERVICES and needed that advice, 1st. Specialize and then Generalize...Thanks Patrick

  • @thetriumphanthustler7001
    @thetriumphanthustler7001 4 ปีที่แล้ว +6

    Start off by focusing win one thing and expand from there

  • @_.occult._
    @_.occult._ 4 ปีที่แล้ว +3

    First of all, you are a real teacher I been following you along with my university studies. Today I think you shared a very golden insight, I am pretty sure it's 'the secret' and all entrepreneurs must study this. 👏

  • @Pmlivelife2023
    @Pmlivelife2023 ปีที่แล้ว +1

    This is excellent. I have always tried to generalize and do many things at once now I see the importance of specializing many aspects of my life and work

  • @fchd3746
    @fchd3746 4 ปีที่แล้ว +1

    Pat is a war time leader

  • @thaihealthylung
    @thaihealthylung 4 ปีที่แล้ว

    thankyou... as always ... you give me a good lesson in time of needs. May family be safe and protected . Respect always !!

  • @ssdskully
    @ssdskully 4 ปีที่แล้ว +1

    I'ma buy your book just to support you Pat because I love your content man.

  • @agapuzio3056
    @agapuzio3056 4 ปีที่แล้ว +5

    I have ordered your book, can't wait to read it. Meanwhile I am getting into business studies, the time is now!

  • @osse1n
    @osse1n 4 ปีที่แล้ว +19

    Specialise (necessary) early, so you become a generalist (enjoyable) later.

  • @TheRealGuywithoutaMustache
    @TheRealGuywithoutaMustache 4 ปีที่แล้ว +4

    I really appreciated this short and concise video, Patrick. I will apply what I learned from this.

    • @mrblexit7152
      @mrblexit7152 4 ปีที่แล้ว

      Even here bro. It's almost like your omnipresent

  • @Je.rone_
    @Je.rone_ 4 ปีที่แล้ว +15

    *Specialization seems to have real big benefits, but if one goes that route i think its important to keep training the brain to learn new things perhaps completely unrelated, so the brain remembers how to learn new things faster,*

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 4 ปีที่แล้ว +16

    The original money in the economy was labor and value so either way, do something valuable and prosper.

  • @harshitbhalla1178
    @harshitbhalla1178 4 ปีที่แล้ว +5

    Found this at the right time.

  • @jaydhillon
    @jaydhillon 4 ปีที่แล้ว +27

    Great video Patrick - This is mistake that I’ve made many times. When I focused on one service we built our 500 staff agency from this... it is a trap to try and sell everything when starting in business. Jack of all trades master on none - comes to mind. PS let’s all support PAT and get the book - I have ordered mine 👌

    • @amandakaur1684
      @amandakaur1684 4 ปีที่แล้ว +2

      100% I agree with this focus on one to start with..

    • @amandakaur1684
      @amandakaur1684 4 ปีที่แล้ว +3

      P.S I have bought the book! Lets support Pat!

    • @jaydhillon
      @jaydhillon 4 ปีที่แล้ว

      Katie Johnson auesome!

    • @jaydhillon
      @jaydhillon 4 ปีที่แล้ว

      Katie Johnson 100%💪💪

    • @christosorphanides
      @christosorphanides 4 ปีที่แล้ว +1

      Lets go

  • @JerryCrow
    @JerryCrow 4 ปีที่แล้ว

    TH-cam algo diverted me here after the latest, and i see your point why you would generalize your youtube channel and i'm all for it!

  • @RevenueSharePartner
    @RevenueSharePartner 4 ปีที่แล้ว +7

    *Patrick is a beast, how do you get so much energy*

    • @ClarkCapitalMedia
      @ClarkCapitalMedia 4 ปีที่แล้ว

      He loves what he does! I hope I have his energy when I’m his age!

  • @joshuagilliam4557
    @joshuagilliam4557 4 ปีที่แล้ว +2

    Good stuff Pat 💪🏽

  • @santiagotoro3388
    @santiagotoro3388 4 ปีที่แล้ว

    Wow, this is an awesome video! I was struggling with my photography business and now I Know I need to specialize first and be great at something and later generalize little by little; thank you!

  • @aleafox1675
    @aleafox1675 4 ปีที่แล้ว

    I love your channel. I'm not sure why I'm so interested in business. You have given me some priceless advice. Thank you. I need to order your book!

  • @rohitroll2119
    @rohitroll2119 4 ปีที่แล้ว +6

    In my field Specialisation is the only way forward.

  • @fredricklee
    @fredricklee 4 ปีที่แล้ว

    Great post for people to listen and follow in growing their business. Especially in these times, the name of the game is focus.

  • @wandilewawazile8722
    @wandilewawazile8722 4 ปีที่แล้ว

    This is a very important that is pointed out here in order to build a solid foundation!

  • @checkreactz
    @checkreactz 4 ปีที่แล้ว +8

    It’s pretty ironic how you can do much more by limiting yourself in the beginning....I had learn this the hard way 😂

  • @LoRdDyY45
    @LoRdDyY45 4 ปีที่แล้ว

    The way i look at it is, it never hurts to learn something new.

  • @pedalman4595
    @pedalman4595 4 ปีที่แล้ว

    Dammit Patrick this is EXACTLY what I'm doing right now!!!!!!!!!! Man I needed this. To me this was just my own common sense. Now I know I'm on the right path, simply because I heard it from the master. Thank You!!!!!!! UPWARD AND ONWARD!!!!!!!!!

  • @Santos.Falcon
    @Santos.Falcon 4 ปีที่แล้ว

    This Chanel with Patrick is a godsend💯

  • @dawiddowbusz
    @dawiddowbusz 4 ปีที่แล้ว +1

    Great content!!! Thank You for that.

  • @KettlebellCarlos
    @KettlebellCarlos 4 ปีที่แล้ว +1

    Keep the videos coming, I started my digital marketing business about 19 months ago and I am def still in phase 1! Thank you for the tips! 👍

  • @mohamedhadagha5713
    @mohamedhadagha5713 4 ปีที่แล้ว

    Can you please provide a special episode to teach children how to earn money?

  • @superjuddy
    @superjuddy 4 ปีที่แล้ว

    very needed video thank you so much Mr Bet-David.

  • @christianpalmer8444
    @christianpalmer8444 4 ปีที่แล้ว

    Great Video! This reassured me that I am doing the right things at this phase of my business growth.

  • @AskMeStartUp
    @AskMeStartUp 4 ปีที่แล้ว +1

    Great content👍🏻. Keep pushing peoples envelope and enable them to think for themselves. Sometimes you also have to reverse specialisation because the road has come to an end.

  • @pashakhosravani231
    @pashakhosravani231 4 ปีที่แล้ว +1

    The book comes out on my son's birthday...looks like I'm buying it!

  • @ahmad-surchi
    @ahmad-surchi 4 ปีที่แล้ว

    Thank you for another amazing video! I think this video is your best so far. Perfect choice of examples and you talked about all the methods in a short span amount of time.

  • @kingali1606
    @kingali1606 4 ปีที่แล้ว

    I'm a hip-hop artist and started out by specializing at first, I only did the vocals, and had the mixing and mastering done by an engineer, the beat produced by a producer, the artwork done by a graphic designer, and the lyric video done by a video editor. However, i've been trying to learn and takeover all these roles so I can take care of 100% of the means of production, as it costs quite a bit of money to delegate every task to someone else. But it's been quite hard, as i'm having difficulty learning how to do all of those other things and can't do them as well as other people can. I've been wondering for a while whether it's better for me to specialize and let other people handle the other stuff and just take the financial bullet, or generalize and try and do everything myself, even if it's lower quality?

  • @AthleticArtillery
    @AthleticArtillery 4 ปีที่แล้ว +1

    🔥🔥 content thanks man!!

  • @kibromamaniel4662
    @kibromamaniel4662 4 ปีที่แล้ว

    Thank you Patrick your videos are really helpful. I am in my journal to build a business.

  • @maxriderzx107
    @maxriderzx107 4 ปีที่แล้ว

    This guy is amazing big up from Portugal

  • @LeoandLongevity
    @LeoandLongevity 4 ปีที่แล้ว +4

    Do you think we live in a world of increasing specialization that inherently makes us more dependent on society?

    • @JewTube001
      @JewTube001 4 ปีที่แล้ว

      yeah but it seems to bring more good than harm for the most part.

  • @jamesharris40001
    @jamesharris40001 4 ปีที่แล้ว

    Pat I love Hugo Boss jogger suits .. I had the black one with white pipes along the side. Very comfortable and doesnt look too casual

  • @AmitMishraEnglish
    @AmitMishraEnglish 4 ปีที่แล้ว +1

    Learned alot from this video.

  • @leomartinezjr316
    @leomartinezjr316 4 ปีที่แล้ว

    I agree, specialize. More is not always better

  • @IMANESAMMAN
    @IMANESAMMAN 4 ปีที่แล้ว +9

    Love your work ethic Patrick. You’re truly inspiring ✨

    • @jamesgallant28
      @jamesgallant28 4 ปีที่แล้ว +2

      I love you lol

    • @IMANESAMMAN
      @IMANESAMMAN 4 ปีที่แล้ว +1

      James Gallant haha love you too

    • @VALUETAINMENT
      @VALUETAINMENT  4 ปีที่แล้ว +3

      Thanks Iman.

    • @superduperjoi6800
      @superduperjoi6800 4 ปีที่แล้ว

      Ikr I used to hate becaude there were so many notifications, but now I appreciate it. You editing team is dynamic.

  • @Sims8705
    @Sims8705 4 ปีที่แล้ว

    🔥. Great message Pat. Another great Valuetainment production

  • @harshvardhansharma7081
    @harshvardhansharma7081 4 ปีที่แล้ว

    I'm glad that i came accross pbd in 2016. If you're reading this comment then I want to thank to follow creating this TH-cam channel

  • @julianbdeveloper
    @julianbdeveloper 4 ปีที่แล้ว

    Great video. Peter Thiel talked about this in his great book "Zero to One".

  • @deepaklaishramz
    @deepaklaishramz 4 ปีที่แล้ว

    Thank you Patrick bet david ❤️

  • @WoodsDog
    @WoodsDog 4 ปีที่แล้ว

    Thanks Patrick! Just purchased the book!

  • @Deepak.Bharadia
    @Deepak.Bharadia 4 ปีที่แล้ว

    Perfect 👍🏻
    Thanks for the excellent insights Patrick 🙏🏻

  • @wolfpackfootball3379
    @wolfpackfootball3379 4 ปีที่แล้ว

    Love it!!🙌 You bring so much clarity Patrick Thank you sir

  • @adrianbanda4614
    @adrianbanda4614 4 ปีที่แล้ว

    Happy to see some content that will keep the nutters away. Thanks!

  • @deepaklaishramz
    @deepaklaishramz 4 ปีที่แล้ว +1

    Good topic PBD 👊

  • @Atem_S.
    @Atem_S. 4 ปีที่แล้ว

    Both are important!!

  • @Worlds_to_Explore
    @Worlds_to_Explore 4 ปีที่แล้ว

    You are a busy guy, working smart!

  • @NimaKhosravy
    @NimaKhosravy 4 ปีที่แล้ว

    Two books on this topic: Blue Ocean Strategy and Small Giants. Thanks Pat for the video

  • @liveforthelordbeforeitisto5141
    @liveforthelordbeforeitisto5141 4 ปีที่แล้ว

    Thanks man! This applies to other areas of building a life as well!

  • @sethwallacephd3418
    @sethwallacephd3418 4 ปีที่แล้ว

    Very helpful regardless of my specialized profession. There's so much more to monetize than I ever initially conceptualized.

  • @andreastevens3146
    @andreastevens3146 3 ปีที่แล้ว

    Great content. Your book is brilliant.

  • @sibendramallick
    @sibendramallick 4 ปีที่แล้ว

    Please please please make these kind of videos more.

  • @demeke773
    @demeke773 4 ปีที่แล้ว

    can't wait to get that book

  • @ivanmartinez5230
    @ivanmartinez5230 2 ปีที่แล้ว

    Thank you man... this has been very helpful!

  • @kurts3779
    @kurts3779 4 ปีที่แล้ว

    This video is geared for businesses. For most employees it may make more sense to specialize. Most entrepreneurs usually have to wear many hats. I've been both but I remember when I was an employee I was never one to say that it's not my department. My mentor and former boss, a very wealthy man, allowed me to work in all departments and that was set me off to starting my own business. Too many employees, especially Engineers, are notorious for saying things such as "that's not my department". Perhaps Pat can make a video from moving from a specialized employee to entrepreneur.

  • @sohaibahmed226
    @sohaibahmed226 4 ปีที่แล้ว

    Good example you gave about amazon. Very helpful though try one thing master than slowly gradually try another and another.

  • @danielhyeonlee218
    @danielhyeonlee218 4 ปีที่แล้ว

    Book comes out on my birthday! That’s a sign! 🙏🏻 can’t wait to be an author one day too

  • @waterheaterservices
    @waterheaterservices 4 ปีที่แล้ว

    This guy is great teacher

  • @amirMahmed
    @amirMahmed 3 ปีที่แล้ว

    pat you are hero

  • @divyamurugesan5557
    @divyamurugesan5557 4 ปีที่แล้ว

    Good video Mr. Pat. 👌👌 First do what you are good at. Then expand. 😄😄

  • @stanislavognyanov4660
    @stanislavognyanov4660 4 ปีที่แล้ว

    Needed this, thanks Pat !

  • @nobodypak9882
    @nobodypak9882 4 ปีที่แล้ว

    What an easy explanation!

  • @bb-jv5mj
    @bb-jv5mj 4 ปีที่แล้ว

    Missed these kinda videos.

  • @pauld9933
    @pauld9933 4 ปีที่แล้ว +14

    Pat: generalist to specialized
    Every other example: specialized to generalist

    • @alantinoalantonio
      @alantinoalantonio 4 ปีที่แล้ว +3

      There's always exceptions I suppose. Either way, analysis is always needed.

    • @christianocrew
      @christianocrew 4 ปีที่แล้ว +2

      When he was employed he was a generalist. When he started PHP he went specialist into life insurance. Do you think thats all he'll do with a company called People Helping People? He'll branch out into other areas when the time is right.

  • @maxwellswanson9657
    @maxwellswanson9657 4 ปีที่แล้ว

    This is REALLY helpful. Thank You!

  • @whitecannon2185
    @whitecannon2185 4 ปีที่แล้ว

    Thank you for this. This was something i needed to hear.

  • @jejewa2763
    @jejewa2763 4 ปีที่แล้ว

    What we need now is a conduct to bring together business and aspiring entrepeneurs. More practical steps!

  • @LightningStrikes66
    @LightningStrikes66 4 ปีที่แล้ว

    Thank You for this very valuable

  • @niranmojo
    @niranmojo 4 ปีที่แล้ว

    Brilliant video

  • @dougwilliamsIII
    @dougwilliamsIII 4 ปีที่แล้ว

    Well needed

  • @edwinreynolds6940
    @edwinreynolds6940 4 ปีที่แล้ว

    My Business mentor said the same thing to me 2 days ago. He introduced me to "The Beach Head Strategy". I'd advise all small businesses to look it up.

  • @Dim4ik2012
    @Dim4ik2012 4 ปีที่แล้ว

    there are only two channels on TH-cam I have notifications turned on. One of them is yours

  • @michaelx158
    @michaelx158 4 ปีที่แล้ว

    I want the book NOW!! :) Patrick, it would be nice if we could get digital version because now shipment to EU could take a while.

  • @petersrule
    @petersrule 4 ปีที่แล้ว

    Facebook started with university students at just a few universities then expanded to more universities eventually expanding to people in the US and then people everywhere.

  • @omi_mindset
    @omi_mindset 4 ปีที่แล้ว

    Great video , never thought about it

  • @yassine_1380
    @yassine_1380 4 ปีที่แล้ว

    Thank you for ur wisdom ❤❤

  • @aryanverma834
    @aryanverma834 4 ปีที่แล้ว

    You are great

  • @TimLevi
    @TimLevi 4 ปีที่แล้ว

    Seems like good advice. 🤘

  • @theravers100
    @theravers100 4 ปีที่แล้ว

    Thank you for this amazing content Patrick !

  • @Zulaany
    @Zulaany ปีที่แล้ว

    Yes.

  • @jameconradi8269
    @jameconradi8269 4 ปีที่แล้ว

    Selling insurance is like selling beans but hey that's why you do valuetainment + $

  • @questionresearch8721
    @questionresearch8721 4 ปีที่แล้ว

    Great job at explaining this.

  • @christosorphanides
    @christosorphanides 4 ปีที่แล้ว

    This couldn't come at a better time

  • @vazo1489
    @vazo1489 4 ปีที่แล้ว

    Great video. Great topic ;)

  • @markeleven6226
    @markeleven6226 4 ปีที่แล้ว

    Always on Point Pat, It's a good reminder to remind us that Amazon started small..I have forgotten 🤣

  • @JodieDavisCuckooClockArtist
    @JodieDavisCuckooClockArtist 4 ปีที่แล้ว

    "Sequencing." "Next 5 Moves" didn't resonate with me. But now it does.

  • @МаратЮсупов-в7б
    @МаратЮсупов-в7б 4 ปีที่แล้ว +1

    I think this video help me. I learn English online, in time karantine