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26 Reasons To Become an Entrepreneur — Transcript

by Valuetainment · 4,258 words · 461 segments · language en · Watch on YouTube

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0:02This video is dedicated to two different types of people.
0:04One, you're either not an entrepreneur - and I'm going to make a case why you out to become
0:08an entrepreneur - and two, you may be an entrepreneur and you've forgotten why you became an entrepreneur
0:15in the first place.
0:16So let's get right into it.
0:1826 why you ought to become an entrepreneur, in no specific order.
0:25#1: The Unknown - there's something exciting about becoming an entrepreneur because every
0:31day there's an unknown.
0:33What's going to happen with this?
0:35What if this takes place?
0:36What if that takes place?
0:37And it needs to prepare you for certain things.
0:40You need to bring out a certain side of you that you've never seen before.
0:43That's the unknown.
0:44The unknown part brings out a certain unpredictable side of you that you can only see if you're
0:49an entrepreneur.
0:50And being an employee, you know, it's pretty much, "Hey, we're doing this" - unless you're
0:53in an environment that's constantly growing, for the most part, most people it's every
0:55day it's the same exact thing.
0:58So #1, is unknown.
1:00#2:Constantly having to meet a newer, better version of yourself.
1:05So think about this.
1:06Think about you're 30 years old, watching this.
1:08If you're an entrepreneur, and you don't recreate yourself every 90 days, you aren't going to
1:14make it as an entrepreneur.
1:16You're going to get crushed by somebody else.
1:18If you aren't constantly improving yourself, you're going to get hammered by somebody else.
1:21So the great thing about becoming an entrepreneur and you're 30, imagine what you're going to
1:25be at 31.
1:26That's exciting!
1:28Imagine what you're going to be at 32, at 33, 34, oh my God, 40, 45, 48, 50!
1:34Man, how am I going to be at 50?
1:37You may be watching this and you're 17.
1:40How will you be at 22?
1:42How will you be at 27?
1:44At 29?
1:45That's the exciting part of seeing a better version of you.
1:49It's like an award-winning movie you're watching that every time I'm going to be the new character,
1:55but the entire character is who?
1:57You.
1:58#3: Freedom - you have the freedom to do a lot of different things.
2:01Freedom is a big part of it.
2:03Most people don't have the freedom that they want when you have a job.
2:06The freedom could be making as much money as you want to make, freedom to travel, see
2:09the world, freedom to where you want to live, zip code, all this other stuff.
2:12It's freedom.
2:13#4: It's the greatest game you'll ever play.
2:16So if you're watching this and say, "I love video games."
2:18For some people that love video games.
2:20If you're watching this, "I love board games."
2:23What are some of the board games we play?
2:25Monopoly, what else is there?
2:27Chess, Life, or Clue, Monopoly -- I mean, these things are games because it's like how
2:38can I win in this game?
2:40Becoming an entrepreneur is the greatest board game you'll ever play.
2:43Let me tell you.
2:44There's not a better board game than being.
2:46. . mark my words, there's not a better board game than becoming an entrepreneur, because
2:51it's a game you're playing, there's a score, there's excitement, there's strategy, there's
2:55team partnership, collaboration, it's exciting when you're running a game for the rest of
3:01your life, and can you imagine playing a game for 50 more years?
3:04That's becoming an entrepreneur.
3:06#5:No politics.
3:08When I say no politics, look, no matter what you ever do, there's going to be some level
3:12of politics.
3:13But in the world of business, as an entrepreneur, if you kind of want to do what you want to
3:18do, there's a lot of things you can do.
3:19You have flexibility.
3:20Now is it smart to go around and telling everybody off all the time?
3:24Of course not.
3:25Then you're not creating synergistic relationships.
3:27But you don't have the politics of I better do this before I move up and I have to kiss
3:32his butt before I move up.
3:33There is none of that going on in the world of entrepreneurship.
3:36#6: Get paid what you're worth.
3:37What do you want to make?
3:38You're going to get paid.
3:39By the way, if you're an entrepreneur and you're saying, "Well, you know, I only make
3:42$30,000 a year as an entrepreneur."
3:44That's what you're worth today, based on your effort, improvement, progress, innovation,
3:48thinking, creativity, work ethic, all of that stuff.
3:51If you're an entrepreneur making 2 million dollars a year right now, guess what you're
3:54worth?
3:55You are worth 2 million dollars a year as an entrepreneur.
3:57#7: You're fireproof.
3:59What's fireproof?
4:00No one can fire you.
4:02The only people that can fire you are your customers and your employees.
4:06But everybody else, no one can come and say, you're fired today.
4:09Nope.
4:10You can't get fired.
4:11There's no one that can fire you.
4:12You're fireproof.
4:13#8: Happiness.
4:16Generally, you meet bitter people, bitter people are simply coming from a state of not
4:21improving.
4:22If somebody doesn't improve, they're bitter.
4:24You meet happy people, they're typically improving and they're typically creating.
4:30Bitter people don't improve, don't create, Happy people improve and create.
4:35There's a certain level of high you get when you're improving and you're creating.
4:39Happiness comes from that.
4:40You know, a lot of people say, "My gosh, why are entrepreneurs so fired up and energized?"
4:45You go try to create an improve and see what happens to you.
4:47You'll be very happy yourself as well.
4:49#9: You don't have to be a genius.
4:51You know, you do not have to be a genius to make it as an entrepreneur.
4:55Why?
4:56You can always recruit geniuses.
4:58You can always recruit people that are 10 times smarter than you.
5:01Sometimes in the corporate world, you have to be a genius to move up, but you have to
5:04do a lot of things to move up, and all these fancy.
5:05. . you don't have to worry about that as an entrepreneur.
5:08You can simply be a very good recruiter of genius minds and then that helps you grow
5:14as an entrepreneur.
5:15#10: It's the closest thing you'll play to sports.
5:18So if you love sports, and you're a person that loves your football or baseball or basketball
5:23or swimming or soccer or hockey, whatever it is, and you played high school football
5:27or high school basketball, college maybe, or you were professional for some of you guys
5:31that are professional sports that you follow me and we talk about it all the time, and
5:34afterwards, if you've played competitive sports, and that part is missing - man, it's as if
5:41a part of you died.
5:42Literally.
5:43It's as if a part of you died.
5:46If you played sports and there's no more sports or competition, it's the sports of business.
5:52Similar things take place -- practice, putting a team together, competition, leaders, stats,
5:57showing up early, leaving late, hitting the weights, all of that is combined together
6:03because it's the closest thing you'll play to sports.
6:05#11: Creativity.
6:06You can use your creativity in so many different ways - strategies, marketing, creating an
6:12edge, product, events, sales, contests - so many different ways you can use your creativity.
6:21#12: Community - you're part of a community.
6:25You're part of a community of other entrepreneurs.
6:27You speak a certain language that other entrepreneurs speak.
6:30Have you ever gone to a certain city or certain country and they speak a different language
6:34and you kind of look at everybody like, "Man, I wish I spoke their language"?
6:37When two entrepreneurs speak, and other people are not entrepreneurs - everybody says, I
6:42spoke the language of entrepreneurship.
6:43Man, we speak a very nice, unique, language.
6:49That's sexy, ain't it?
6:51It's sexy.
6:52When you become an entrepreneur, you're part of a certain community that we speak a complete
6:55different language.
6:56#13: Contribution.
6:57You are contributing to society.
6:59You are creating jobs.
7:01You are helping people advance in life.
7:03You are helping design better products, better than competitors so customers are happy.
7:08Contribution.
7:09You help non-profit organizations.
7:11You help people that need help.
7:13Contribution - it's very fulfilling when you're contributing.
7:15#14: Control - You can control in many different ways.
7:18You can control in time, you can control in freedom, you can control in so many different
7:22ways that you have control over.
7:24#15: As an entrepreneur, one of the reasons why you ought to be an entrepreneur is if
7:28you're a little bit weird, if you're watching us and you're a little bit weird, you're off,
7:35you're crazy, maybe people have said you have ADD or ADHD, your hypomanic or manic or whatever
7:40it is - you're a little bit off.
7:41You're weird, you're different than anybody else.
7:43I mean, you've got like three or four different personalities.
7:45This is perfect for you, just so you realize it.
7:48In the world of business, that is a compliment.
7:51In a world of corporate, you're weird.
7:53In the world of business, you're a genius.
7:56Wow!
7:57Look at this mind!
7:58And you're kind of like, man, I felt like a fool and now I feel like I'm partying with
8:02a bunch of other weird people and I'm an entrepreneur.
8:05I've finally found a group I belong to.
8:08Next, dress attire.
8:11I had somebody that came to my office the other day, an executive from a major insurance
8:16company.
8:17He said, "Oh wow, so you're dressed casually today."
8:18I said, "No, this is my attire.
8:20I love capitalism.
8:22I am an entrepreneur.
8:23This is how I dress.
8:25And every once in a while I put on a suit for special occasions, and today doesn't happen
8:29to be a special occasion.
8:30Why?
8:31Because I'm an entrepreneur!
8:33This is how I like to dress.
8:34This is how I dress.
8:35Now my closet is stacked with a bunch of suits.
8:37I like to dress like this as an entrepreneur because I can dress like this as an entrepreneur.
8:41And as long as I'm professional and I know what I'm talking about, people still do business
8:45with me.
8:46Next, to have a voice.
8:48You can have a voice.
8:49You can have a voice in your community.
8:51You can have a voice in your state.
8:52You can have a voice because you're talking in an area where you know what you're talking
8:55about, as an entrepreneur you have a bigger platform, you have a bigger megaphone.
8:59You have a voice.
9:00#18:Changing the world.
9:02There's something special about changing the world.
9:03Let me tell you something.
9:04Some people say, My gosh, you know, you really think you can change the world?
9:09You're a dreamer!
9:10You sound like a six-year-old kid, watching some of these fantasy movies.
9:15You can't change the world!
9:17This isn't Avatar the movie.
9:19This ain't no cartoon.
9:20You ain't He-Man or Transformers or Spiderman or Superman or Batman or all this other stuff.
9:27Well, let me tell you something.
9:30There are a lot of superheroes in the world, except they don't have a cape on.
9:36They're entrepreneurs.
9:37And they're changing the world in many different ways.
9:39Bill Gates is a hero.
9:40He changed the world.
9:42Steve Jobs changed the world.
9:43Bezos changed the world.
9:45Walton changed the world.
9:46Musk changed the world.
9:48Rockefeller changed the world.
9:50So many people changed the world, as an entrepreneur.
9:53And not only with the jobs they created and the business they created, on the side, giving
9:58to charity.
9:59Maybe not everybody, but a lot of them give so much money to charity.
10:01Look at Buffett right now, and the kind of money he gives to charity.
10:03Look at what Gates wants to do.
10:05He wants to cure so many different viruses around the world, because it's his mission.
10:09He's worth 60, 70, 80 billion bucks - changing the world, baby.
10:13It's such an incredible high to know that you can change the world.
10:16#19: I got a message earlier today, I don't know if it's like a current thing or whatever
10:23it is, people message me and say, "Pat, what do you think about marijuana as a form of
10:28therapy?"
10:29So what do you think about LSD or cocaine or ecstasy because it helps with creativity.
10:34How do I describe this in the nicest way possible?
10:39Because we have a lot of young people that follow me.
10:40Let me explain it to you this way.
10:44Why do people use drugs?
10:47People use drugs because they get what?
10:50Either they want to escape their existing life that they don't like, and using this
10:56drug takes me to a completely different state, so I can escape the life that I don't like,
11:02or I can use the idea of me, when I smoke weed, I come out with some incredible ideas
11:07because I'm high, and it taps into my creativity, etc. etc. etc.
11:12And you know studies have shown that there's nothing wrong with smoking weed, all this
11:15argument that happens.
11:17Okay, weed is a natural thing to use, no problem, you want to make that case.
11:21Phenomenal you want to make that case.
11:24And you're high when you smoke weed for 30 minutes or an hour, or you do all these other
11:29things.
11:30Man, the greatest highs in life are natural highs that last 10 years.
11:35Can you imagine being high for 10 years?
11:38That's what it is when you're an entrepreneur.
11:39You're high for life.
11:41Literally, I am high half the time.
11:44I am always high.
11:45I'm currently high.
11:46You just don't know it.
11:48My eyes don't turn red.
11:49I don't start seeing like, when you do shrooms and I'm seeing like butterflies and I see
11:54like a flying dinosaur, like a unicorn, what as that one movie, Neverending Story, with
11:59that white dog that looks like a little shiatsu - like man, but literally, when I tell you
12:05this, I am high, like you wouldn't believe.
12:09I am high like you wouldn't believe.
12:11Except I don't use drugs.
12:13Naturally high.
12:14Somebody asked me today, they said, "Pat, how come you don't drink coffee."
12:16Because you know I don't drink coffee.
12:18I said, "It's very easy.
12:19The reason I don't drink coffee is, why would a 20-year-old kid use Viagra?"
12:22Wait a minute, I don't get it.
12:24A 20-year-old boy doesn't need Viagra.
12:25Maybe Viagra you use in your 50s and 60s.
12:28But at 20-years-old to use Viagra?
12:30Why am I going to drink coffee in my 20s and 30s?
12:34My coffee should be exercise.
12:35I'll drink coffee in my 50s and 60s.
12:39I don't need coffee right now!
12:40Because it's a natural high, baby.
12:43I want to be naturally high.
12:45As an entrepreneur, you can have a lot of natural highs.
12:49#20.
12:50Boredom?
12:51You ain't never going to be bored.
12:53You've got to be ready all the time because there's a lot of surprises.
12:58You don't have time to be bored as an entrepreneur.
13:00#21.
13:01Age doesn't matter.
13:02You're 21, it's okay.
13:04You're 16, all good.
13:05You're 38, fine.
13:0773, totally fine.
13:0982, cool.
13:11Age doesn't matter in the world of entrepreneurship.
13:14Let me explain to you why that's so important.
13:16I get so many questions.
13:17Pat, what do I do?
13:19I was a former executive for Sony, making 400 grand a year and I was with them for 20
13:26years.
13:27And now, nobody wants to hire me.
13:28I'm 62 years old.
13:29Everywhere I go, I hear the famous thing which is what?
13:32You are overqualified.
13:34Then I get comments from people, "I'm 15 years old.
13:37My mom and dad don't believe I can do this and.
13:40. . all this other stuff.
13:41What do I do?"
13:42In the world of entrepreneurship, your age doesn't matter.
13:44Your age doesn't matter at all.
13:46It's zero.
13:47It has nothing to do with your age, as an entrepreneur.
13:50We did a video last week - does age matter as an entrepreneur?
14:00If you haven't watched it, you can go watch it from last week, does age matter as an entrepreneur.
14:04And age has nothing to do in the world of entrepreneurship.
14:07#22.
14:08Legacy.
14:09You know, legacy is powerful.
14:11When you die, and this thing is done, and your spirit goes wherever it's going to go,
14:16whether you believe there's a heaven, reincarnation, nothing, you're done, you know, it replaces
14:22into an animal or plant - whatever you think.
14:24Whatever your belief system is on that.
14:28There's nothing like your kid saying, "My mom, my dad left a legacy for us that we're
14:35going to be talking about forever.
14:36There's nothing like your grandkids saying, "One day I'm going to be like you."
14:38You.
14:39I want to be like you.
14:40You know what that feels like?
14:41It's priceless.
14:42Legacy, baby.
14:43There's nothing like your community saying man, this gal, changed the entire city.
14:49This dude changed the entire world, because of the legacy you left behind.
14:54You may have only lived 80 years, but your legacy is going to live two, three thousand
14:59years.
15:00Your legacy doesn't have an age.
15:01Your legacy outlives your age of how many years you live.
15:05That's the legacy.
15:06Man, history books, like this, why not chase that?
15:11That's entrepreneurship for you.
15:13#23: Recognition - If you like recognition, competing and all that stuff, there's leaders
15:17in the world of entrepreneurship so you're going to be recognized quite a lot.
15:20#24: No degrees needed - I don't have a degree.
15:23I don't have a four-year degree, I don't have a two-year degree, and I just got accepted
15:27to a university.
15:28I'll be announcing to you guys here shortly on what took place; stay tuned for it.
15:30That's going to shock everybody on what happened.
15:32I told myself, If I ever go to college, or university, I will only go to one that accepts
15:38me, and I'll be announcing that here in the next few on which one that is and you'll hear
15:41about that here shortly.
15:42But no degrees needed.
15:44I don't have a four-year, I don't have a two-year, I don't have any of that stuff.
15:47None of those things.
15:48You don't need a degree as an entrepreneur.
15:50#25: You develop unique muscles.
15:52Let me tell you what I mean by developing unique muscles.
15:54In the world of body building, if I grab a dumbbell and I curl, what am I building?
15:59Biceps.
16:00If I grab a curl bar and I do nose crushers, right, I'm developing triceps.
16:06If I grab a bench press and I'm doing bench press, I'm developing my chest.
16:09If I do shoulder press, I'm doing shoulders.
16:11If I do traps, I'm working on my traps.
16:15If I do squats, legs.
16:17No matter how much you work out all these muscles, there's certain muscles you can't
16:21work unless you swim.
16:23There is no gym, there's no machine at the gym that works the muscles that your body
16:29works if you swim.
16:30There are no machines at the gym that can develop your muscles that swimming can develop.
16:36What does this mean?
16:37Have you ever seen a swimmer's body?
16:39Ever seen Michael Phelps, what he looks like?
16:42Their body forms in a completely different way, because there's a muscle you develop
16:45when you swim that you can't hit with the weights, right?
16:47So you say, "Pat, what does that have to do with anything?"
16:49See, you have so many gifts and talents you don't ever know about - most people never
16:53see it, unless you become an entrepreneur, you will never know about it.
16:58When you become an entrepreneur, you all of a sudden say, I never knew I was good in this,
17:02this, this.
17:03But I can write it and say that's this strength and that's that gift.
17:05The only way you'll know about that is if you become an entrepreneur.
17:08Can you imagine living 80 years and you die and never find out about those two, three
17:11gifts that you had that can make an impact on the world?
17:13Why would you want to sacrifice your capacity?
17:14Why would you want to sacrifice your capacity?
17:16Is it really worth it?
17:17I don't think so.
17:18But you become an entrepreneur, you find out about your unique gifts that you have.
17:21And last but not least, location.
17:23You can be an entrepreneur from any part of the world.
17:25It doesn't matter where you want to be.
17:27I used to life in L.A., decided to move my office to Dallas, Texas.
17:30Now we're headquartered out of Dallas, Texas.
17:32It's all good.
17:33I don't have to be in L.A. I can be out here.
17:34I talked to John Lee Dumas this morning when were were doing his podcast.
17:39John Lee Dumas, Entrepreneur on Fire, and he told me he's out of where?
17:43Puerto Rico.
17:44He was telling me all these things on why he just moved to Puerto Rico in May, which
17:46is fascinating for him to move to Puerto Rico.
17:49He can do that.
17:50He's an entrepreneur.
17:51There's so many -- where do you want to live?
17:52Do you want to live in NYC?
17:53You can do it.
17:54You want to live in Miami?
17:55You can do it.
17:56You want to run out of Austin, you want to run out of San Fran, San Jose, where do you
17:58want to run out of?
18:00You can do it as an entrepreneur because there's business to be done pretty much anywhere in
18:05the world.
18:06So, with that being said, listen.
18:09People often ask me, they say, Pat, man, you always wear those shirts.
18:14Let me explain to you.
18:15I can't stand it when I wake up in the morning or the night before and have to pick out my
18:20suit and my outfit.
18:22There's nothing like putting a suit on.
18:24I love putting a suit on.
18:26I mean, I love wearing suits.
18:30I love wearing suits.
18:31There's something nice about wearing a nice suit that fits you like a glove, that's a
18:35tailored suit that just feels so good when you wear a nice suit, right?
18:39It's fascinating when you wear a nice suit.
18:41But there's a uniform for entrepreneurs and that is called, I am an Entrepreneur shirt.
18:46If you see me in the mall, you see me in the airport, you see me on a plane, you see me
18:50speaking, you see me anywhere, I'm wearing a shirt that says, "I am an entrepreneur,"
18:55which looks like this -- let's put a picture up, so they can see it.
18:58Or, I wear a shirt that says, "I love Capitalism."
19:03Entrepreneurship, free enterprise, capitalism, it's all the same thing.
19:07You can't be an entrepreneur and not think about capitalism.
19:11It's the same exact thing.
19:14Entrepreneurship, capitalism, free enterprise is the same thing.
19:18If you don't like the word capitalism, maybe it's because the media has convinced you that
19:21it's not a good thing.
19:22Capitalism is a great thing.
19:23Entrepreneurship is a great thing.
19:25Free enterprise is a great thing.
19:26They don't go without each other.
19:27They need each other to be effective.
19:29So I love wearing these shirts that says, "I love capitalism."
19:34or enjoy capitalism, or I'm an entrepreneur.
19:36And I'll walk around in the airport and hundreds of people will come up to me and say, "Man,
19:41I'm an entrepreneur as well."
19:42So from the moment we launched these shirts, the first time I wore it, and the next thing
19:46people asked, "How can I get the shirt?"
19:47So then we had our guy design the shirts so other people can get it as well.
19:52I don't know what's the price point.
19:53I think it's like 22, 23, 24 bucks, all these different sizes.
19:56And people all over the world have ordered hundreds and they're wearing them proudly.
20:03So here's what I'm going to do.
20:05Order your shirt, I'm an entrepreneur, with the Valuetainment logo - you're going to hear
20:09a lot about this logo here pretty soon, or you order the shirt, I love capitalism or
20:16quit quitting - order your shirt, put it on, take a picture, #Valuetainment on Instagram
20:22or put it on Facebook, message us - we're going to do something special with those pictures
20:26that you take with the shirt so make sure you take those pics, and by the way, they
20:30can order the shirts on ValuetainmentStore.com and if you don't see the link here, you can
20:43click on the bottom description, and if you don't see it, just type in the URL, ValuetainmentStore.com.
20:47And throw me my favorite pillow, baby.
20:50And if you haven't subscribed to this channel yet, please do so.
20:53We are so close to 100,000 - we are so close to 100,000 and so many of you are helping,
20:59contributing, sharing, all this other stuff that you're doing.
21:01Thank you for everyone's help.
21:02I feel this channel has some of the most loyal, dedicated, serious fans out there for entrepreneurship.
21:09I keep trying to bring content to you that's not just about motivation.
21:12It's about inspiration, it's about how to and lessons that you can actually apply to
21:15your business and start getting results.
21:17And if you're somebody that watches this video and you're a proud entrepreneur, share this
21:20message with everybody else who is also an entrepreneur or invite other people who are
21:24thinking about entrepreneurship but they're afraid, they need to watch a video like this.
21:28So with that being said, thanks for watching everybody.
21:31Take care, bye bye.

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