Your Next Five Moves by Patrick Bet-David: Summary and Notes
A Strategy Masterclass for your life and business
“Don’t complain that the game is rigged. Instead, find a game in which you have a differential advantage.”
Rating: 8/10
Related Books: The E-Myth Revisited, Work The System, Zero to One, The Hard Thing About Hard Things, High Output Management
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Your Next Five Moves: Short Summary
Your Next Five Moves explores how you can improve your business and your life by learning how to strategize. Patrick Bet-David shares how to master the art of Business Strategy with actionable advice and systems. Great book for everyone looking to find their path.
Move 1: Master Knowing Yourself
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.
But to develop a worthwhile plan, you need to answer the question: “Who do you want to be?”
“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.
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.
For example:
