Your Next Five Moves: Master the Art of Business Strategy

by Patrick Bet-David

When you refuse to process issues, you live a lie and pay the consequences. Don’t waste your time, personally or professionally.

Have an opinion, have evidence for that opinion, and state that opinion with certainty.

This is not deep psychology; it’s a commonsense power move. If you don’t think you are worthy, others won’t, either. If you don’t believe in your product (or yourself), no one else will, either.

Outwork. It’s critical to put in the time. But hard work alone won’t be enough. Outimprove. This constantly gives you new ways to take your business to the next level. It gives you confidence. If there was an area I was always obsessed with competing in, it was improving faster than my peers. Outstrategize. This means thinking five moves ahead. It means figuring out how to scale and having the patience to plan many moves ahead before they bear fruit. Outlast. You really learn about people both when you achieve great success and when you suffer tragic failure. It’s hard to know who will keep going. To outlast, you need endurance, which comes from making choices that keep you alert and focused on the game.