8 Core Business Concepts You Need To Know (10min MBA)

Рет қаралды 91,445

Күн бұрын

If you're thinking about starting a business, learn from self-made entrepreneur, Marcus Whitney, and his eight core business concepts that are essential to running a successful business.
0:00 - Intro
1:03 - Leadership
1:41 - Finance
2:18 - Operations
2:48 - Growth
3:30 - Product
4:04 - Service
4:47 - Sales
4:57 - Marketing
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Full Video : • 8 ESSENTIAL Things To ...
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Host: Chris Do
Content Director: Matthew Encina
Producer: Mark Contreras
Cinematographers/Editors: Stewart Schuster, Ricky Lucas, Jona Garcia
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Пікірлер: 143

@ReesieWorldPeace 3 жыл бұрын

As a CPA and Finance professional, it blows my mind that so many business leaders don’t get this. Amazing, thanks for sharing.

@kelvinjerezgutierrez7129 3 жыл бұрын

Hands down. One of the best summary I’ve seen.

@xAckarax 3 жыл бұрын

I like how he breaks this down.

@Frank004 3 жыл бұрын

yes

@abdullahsiddiqui6501 3 жыл бұрын

This is by far THE BEST business and operations guide out there! We will create a MO for our organization based on these concepts! Super dooper smart and efficient!

@wellnessleads 3 жыл бұрын

So crucial to break it down into these categories. This is basically a mini course 🙌

@perezgroupfilm 3 жыл бұрын

Thank you for having Marcus on; WOW that was solid! Thanks Marcus for the outline and the book.

@Captyvate 3 жыл бұрын

I'm in the process of starting a new business venture and this whole channel but in particular, THIS VIDEO is such a great guide for wrapping my head around everything I am not well versed at.

@mawrmcmahan 3 жыл бұрын

Feeling good! As you are discussing each topic, I am checking them off in my head, as I am currently doing each of them! A confidence boost that I really needed, today.

@cathysolarana7674 3 жыл бұрын

So much insight packed into such a short time! Thank you.

@Design.Theory 3 жыл бұрын

Thanks for sharing, guys! Communication is indeed the key to great leadership. In a lot of studios, the most skilled designer is promoted to a manager level, even though the skill set for management/leadership is completely different from the skills necessary to be a technically proficient designer. I'm glad this was called out!

@hilmy7822 3 жыл бұрын

It’s really helpful to guide me in the process of creating my business, thanks 🔥🙏🏼

@classicromancespace5891 3 жыл бұрын

This is very comprehensive and a punchy summary of what business is all about. Thanks.

@nightofsummerside 3 жыл бұрын

most valuable content on the subject, like big WOW, i'm so so grateful you're sharing this !

@skepticbubble3166 3 жыл бұрын

I had this list upside down, I'll shift the priority list I think it will have a good impact on how things turns out to be. Thanks

@abasis.baruti9819 3 жыл бұрын

Good God this is one helluva video! Best business video I've watched in a week. Thanks.

@mauricioac 3 жыл бұрын

Super value packed video. Thanks for sharing your core concepts.

@ExecutionerO 3 жыл бұрын

I love this breakdown. Such a valuable video. Thank you Futur🤘🏼

@erniea5843 3 жыл бұрын

I have an MBA and have started a couple of businesses and still find tremendous value in this video. Well done! 👏

@thefutur 3 жыл бұрын

Thank you 🙏

@jasonthigpen5784 3 жыл бұрын

Great video and insight. Marcus slapped some sense in me with that definition of Service.

@Jonnyfresh45 3 жыл бұрын

Oh man this is exactly what I needed right now. Thank you guys.

@LetsGoEd 3 жыл бұрын

This is a clearer way to manage a company. Thank you for sharing. Now, get my priorities in order.

@christpierre Жыл бұрын

Great energy from this guy, really infectious

@jaquesadv 3 жыл бұрын

I love it!!! Great video!!!! Thanks for sharing!!!

@speargrowth 3 жыл бұрын

This is THE BEST video on business I've seen till date. 🙇‍♂️ I've watched and made notes on over a 100 business videos till date.

@speargrowth 3 жыл бұрын

For some reason, based on the name of the book and the cover, I would never think of buying it. This video made all the difference. Will read it then might even add it to my list of books that I gift out regularly.

@user-vi6sd1ke5b 3 ай бұрын

3 years late but are they online notes that you can share? trying to catch up on things 😭

@thirstywarrior9298 3 жыл бұрын

Kudos Marcus, very articulate flow and description of business.

@lavenderbee423 4 ай бұрын

I'm working towards running my own studio salon, and this information was so helpful! Thank you!

@ryanfrizzell736 2 жыл бұрын

Great video. I enjoy learning more about running a successful business.

@jonsmith7718 Жыл бұрын

Great breakdown of things required to have business mindset.

@princesymenouh2949 3 жыл бұрын

What a breakdown ! As clear as cristal.

@waeez1799 3 жыл бұрын

Loving this breakdown.

@louierubbish8374 3 жыл бұрын

crystal clear. No fuss no bullshit. This man is amazing.

@MarketingLeap 3 жыл бұрын

Awesome tips!🙌 Thanks for this!

@leandrobaron3608 3 ай бұрын

U give a lot of motivation bro. Ur great, thanks

@TonnerV 3 жыл бұрын

This is GOLD information! thx so much

@langhya 3 жыл бұрын

This is such an eye-opener.

@Sarav 3 жыл бұрын

Needed this so bad. Thanks Marcus :)

@taebner 3 жыл бұрын

great video. I work with indigenous farmers in Peru and I used these concepts to build out an agri business workshop.

@matthiasokonoboh9945 9 ай бұрын

Waoh! This is a great lecture. No fluffs. MBA in a page!!

@rochendlywouters9113 3 жыл бұрын

Love this breakdown

@wise_nut 3 жыл бұрын

Cool summary thanks!

@goshniiAI 3 жыл бұрын

Thank you for the summary.❤️ :)

@calilz8297 3 жыл бұрын

Thanks for this team.

@HoangNguyen-pv6fz 2 жыл бұрын

Great overview!

@akashdeshpande 3 жыл бұрын

That is lit, damn! That is detailed and makes so much sense!

@5E__ 3 жыл бұрын

Wow. I'm right at that 2-year mark in the business with the same problems he mentioned. Crazy. Great content, I'm hoping to learn and recover this Q4. Thanks!

@thefutur 3 жыл бұрын

Best of luck!

@SimpleeKomplex 3 жыл бұрын

Took a screen shot of that priority list! So useful.

@KumarKumar-vv4tb 3 ай бұрын

Thank you for wonderful information

@Truesoda 3 жыл бұрын

Awesome video. Great value

@ERIX91 3 жыл бұрын

Great information!

@ravigoyal1000 3 жыл бұрын

Great video!

@jeffjessop5514 3 жыл бұрын

Awesome video!

@GrowWithWill 3 жыл бұрын

Product when it comes to software solutions is crucial for long term survival. Product market fit is a long push and pull battle that requires constant work at

@BharathKrishnaBhatDJBjauXkronn 3 жыл бұрын

Thanks for this ❤️❤️🔥🔥🙏🙏

@carsv.2501 3 жыл бұрын

❤️Great tips...Gotta get my act together🤔😁

@3dgarMendez 3 жыл бұрын

This is GOLD.

@Smart-Alex 3 жыл бұрын

Great stuff Marcus! These are the 8 things that power my passion AND keep me up at night as an agency owner.

@ilamalihilustan22 3 жыл бұрын

Same here! What type of agency do you run?

@Smart-Alex 3 жыл бұрын

ilamali hilustan digital marketing, sales enablement, motion graphics

@kalamarimuguruza3656 3 жыл бұрын

This video goated for sure

@shresharma2403 2 жыл бұрын

Thank you Mr Brother

@digusolaskar9725 Жыл бұрын

thanks for valueabel inforrmation

@jasonng3239 3 жыл бұрын

Loves the books 🙂. Gonna need more of books

@edwintsvangirayi3001 Жыл бұрын

A succinct snapshot of the fundamentals

@Adlip_Kun 6 ай бұрын

Thanks for sharing

@Lenh92 3 жыл бұрын

Wow. This is an 10min MBA 👌

@mohit.sehgal 3 жыл бұрын

Tons of value

@SirDMX 3 жыл бұрын

Thank you for share

@joeclay4700 3 жыл бұрын

Esse cara é muito bom!

@armandmorin5016 3 жыл бұрын

This was super great! Do you think this applies the same to platform business models (non linear value chain) as it does to the traditional pipeline model (linear value chain)?

@Influx.media_ 2 жыл бұрын

Thank you sir

@rossmarshall466 3 жыл бұрын

awesome sauce

@Dwayne_M 3 жыл бұрын

knowledge bombs!

@syedrehanfida 3 жыл бұрын

Thank you!

@calilz8297 3 жыл бұрын

Dope!!!!

@sevexxan 3 жыл бұрын

This guy is so cool!

@adam3089 3 жыл бұрын

All this in 10min quite insane :D A bit sad that the video quality is bad on Marcus :( Love u Chris and The Futur

@ToHerbiarz Жыл бұрын

That was intensive

@amolsgill1 3 жыл бұрын

This guy is literally saying everything I’m being crying to the people for last two years

@dmery10 3 жыл бұрын

It’s very interesting your point of view about the hierarchy of the eight core concepts. But I would like to understand more why Marketing is in the 8 position. As you said, this area need to know a lot about the others areas and at the same time it’s the only one that you can’t find in the other concepts. Other thing that is resonating with my is when you said “when you don’t make a profit you don’t have a business” but I could said “if you don’t have a client you don’t have a business” so is kind of the chicken or the egg, what’s first? Once I heard that the only reason that your business is running today is because you have a client who is buying your product and marketing is the main area who focus on them. Clearly I’m not the expert here but would be interesting to have feedback about this point of view. Cheers!

@varshaalbert6588 2 жыл бұрын

Nice

@stimbhoqo 3 жыл бұрын

Hey Chris, for your online course, do you teach live or do we just download videos for the course?

@TheRonellCross 3 жыл бұрын

Yeah, um, if he could just wrap this up and put it in a course, that would be great. Maybe expand on it a bit more. He needs to promote this video and retarget anyone who watched >50% of this video and target them with an ad for his book.

@thefutur 3 жыл бұрын

Good suggestion.

@sparkmdesign 3 жыл бұрын

Sales is hard its all about compassion. Well that works for me

@rakshan4903 3 жыл бұрын

Hi, can you please suggest me which is best for 3d modelling and animations ipad pro or wacom cintique pro???

@SamMartinPeakPerformance 3 жыл бұрын

Mose useful channel on KZfaq 👏

@benmangum8561 3 жыл бұрын

I believe learning sales is underrated especially to creatives

@thefutur 3 жыл бұрын

Me too

@ajsuk0 3 жыл бұрын

Any chance of an audio book?

@abaniahmadbani 2 жыл бұрын

I just revisit this video because now I have a question: From all of 8 things there, where is branding? Is branding not important so he didn't mention it, or maybe I missed it?

@1kennylo Жыл бұрын

Being realistic is key

@monero1981 3 жыл бұрын

Cool

@digitale93 3 жыл бұрын

His ebook on Amazon Kindle is on sale for $.99

@OCUBOX 3 жыл бұрын

People, your FIRST FOCUS in any business venture is...let me hear you say it, SALES. Without which you'll have no cash-flow, and no cash-flow, well, you already know the flipping answer or starting a business should not be something you should consider. Also read 'Ready Fire Aim' by Michael Masterson, he'll HELP YOU See The Light XD

@MaximilianBerkmann 3 жыл бұрын

I'm not sure I'll agree with this but that's possibly my CS background talking. But as Josh Kaufman said in his book ("The 5 parts to every business: My Personal MBA"), there are 5 parts which should all be looked at. I wouldn't go to the extent of saying one is more important than the 4 others but all 5 are important. If you can sell but have nothing to sell then you've got a problem, if you've got a product but can't promote it then you've also got a problem even if you're the best salesman out there.

@juventushq675 3 жыл бұрын

Chris has really really changed my life. 🤑

@kennroja 11 ай бұрын

✔️

@GrowWithWill 3 жыл бұрын

Don’t underestimate #2. Otherwise you’ll have to close your business.

@jerryoverton7037 3 жыл бұрын

OUT-STANDING...I'll have to watch this 10 times at half speed.

@thefutur 3 жыл бұрын

it's dense.

@HaroldEscalona 3 жыл бұрын

👏👏👏👏👏

@jonathanjohnson7636 3 жыл бұрын

Not going to GSU masters program! 🙃

@jonathanjohnson7636 3 жыл бұрын

💎🛎

@mebeasensei 3 жыл бұрын

I have so many ideas I get anxiety attacks.....but I don’t know the first thing about finance or how to stop others stealing my ideas when I am seeking tech or engineering help.

@dawsdep 3 жыл бұрын

Ideas are nearly worthless without execution. Focus on acquiring the necessary skills yourself or on building relationships with the right people. Simply having an idea and hoping to get funding and a team behind it doesn't have great odds for success. Best of luck bringing your idea into reality!