Your Next Five Moves: Master the Art of Business Strategy

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According to Bet-David, to become an industry leader, you’ll need to become comfortable negotiating high-stakes deals with partners, vendors, and competitors.

Over-preparing can be symptomatic of a fear of failure and can lead you to deliver a poor performance because you’re not fully present. But in Blitzscaling, Reid Hoffman and Chris Yeh argue that if your company is in an internet technology-based field, you should only focus on rapid expansion.No matter where are you are in life, you must plan ahead to move from where you are to where you want to be. Shortform note: While Bet-David focuses on increasing the speed of internal company processes to maintain business momentum, you could also aid momentum by increasing the speed of your personal processes. In the formula, you first describe your company’s desire, then the problem hindering you from achieving the desire, and finally how you followed a plan to avoid disaster and find success. This can be just another book added to your list …or if your willing to dig deep and look at yourself it has the tools to take you where you want to go, whether that’s in business, relationships, or spiritually.

You really need to get clear about what you can sacrifice and what you absolutely will not sacrifice. I often plot my next five moves in this room because it’s filled with a spirit that makes me think big. Don’t take things personally and let ego-driven emotions, like resentment or vindictiveness, guide your actions.Whether you are a business major in college or someone who is already running a business, you can benefit from Your Next Five Moves. Patrick Bet-Davidwent from escaping war-torn Iran to founding his own financial services firm, raising tens of millions of dollars, and creating Valuetainment, the leading YouTube channel for entrepreneurs. This involves establishing common values, principles and beliefs, translating them into concrete behaviors in your daily work, building trust, developing a succession plan, encouraging constructive conflict, and tailoring your approach to each team member’s love languages and motivators. Now, let’s turn to the last step of your strategy for sustained success: making the bold business moves that position you as an industry leader. Interspersed amongst the various lists for various environments a business entrepreneur is likely to find himself are many fascinating stories given as examples of what to do and not do.