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Your Next Five Moves Summary
About Your Next Five Moves Book
From the creator of Valuetainment, the #1 YouTube channel for entrepreneurs, and “one of the most exciting thinkers” (Ray Dalio, author of Principles) in business today, comes a practical and effective guide for thinking more clearly and achieving your most audacious professional goals.
Both successful entrepreneurs and chess grandmasters have the vision to look at the pieces in front of them and anticipate their next five moves. In this book, Patrick Bet-David “helps entrepreneurs understand exactly what they need to do next” (Brian Tracy, author of Eat That Frog!) by translating this skill into a valuable methodology. Whether you feel like you’ve hit a wall, lost your fire, or are looking for innovative strategies to take your business to the next level, Your Next Five Moves has the answers.
You will gain:
CLARITY on what you want and who you want to be.
STRATEGY to help you reason in the war room and the board room.
GROWTH TACTICS for good times and bad.
SKILLS for building the right team based on strong values.
INSIGHT on power plays and the art of applying leverage.
Combining these principles and revelations drawn from Patrick’s own rise to successful CEO, Your Next Five Moves is a must-read for any serious executive, strategist, or entrepreneur.
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Your Next Five Moves explores how you can improve your business and your life by learning how to strategize.
Know What You Want
You need to identify what matters the most to you to put a strategy together that fits your level of commitment and vision.
- Making a plan and committing to it will unleash all the energy and discipline you’ll ever need.
- If you’re looking to disrupt an industry, you’d better be armed with the right story, right team, right data, and right strategies.
- When you’re working on something you deeply care about, you will find the enthusiasm to make life a great adventure.
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Your Drive
You can break down Drive into four categories:
- Advancement. Wanting to reach the next goal (promotion, deadline, or task)
- Individuality. Having the lifestyle you desire and the security to do so
- Madness. Competing against others and proving you are the best at what you do
- Purpose. Self-actualization and having a positive impact on others.
You can have more than one type driving you. However, a driver can stop to work in your favor.
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Running Out Of Your Drive
People often feel lost after a big deadline because their driver is suddenly gone.
To solve this, you need to dive deeper into your Purpose.
Define your purpose by asking:
- How do you want to be remembered?
- How do you want to make an impact on other people’s lives?
- What does the greatest version of yourself look like?
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1. Know What You Want.
✅You need to identify what matters the most to you to put a strategy together that fits your level of commitment and vision.
Making a plan and committing to it will unleash all the energy and discipline you’ll ever need.
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2. Define your purpose by asking:
🔴How do you want to be remembered?
🔴How do you want to make an impact on other people’s lives?
🔴What does the greatest version of yourself look like?
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3. Find Your “Blue Ocean”
Rather than competing in games where you’re an underdog, find unexplored new markets in which you can win.
🚫Don’t complain that the game is rigged. Instead, find a game in which you have a differential advantage.
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Creating an effective strategy
Effective strategy is about making a move and being prepared to launch another series of moves based on how the market or your competition reacts.
You must think beyond your first strike to execute an effective strategy.
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Master knowing yourself.
Thinking ahead is impossible without self awareness. With self awareness you gain the power of choice and control over your actions.
Above all with the knowledge of who you want to be, you will know which direction to take as well as why it matters.
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Data Defuses Emotions
in situations of conflict or stress at work its easy to loose the focus by indulging on emotions like ego, anger and end up with blame game. This path don’t do anything to solve the problem. Data, on the other hand, points to solutions.
By relying on the data, you defuse the emotion from the situation. By focusing on the numbers, you help the other person acknowledge realities. This
not only provides the impetus for improvement but preserves your relationship.By striving for facts you start to look beyond emotions, bias and blame.
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