- Hey everybody, what's up?
Pat here, (laughing)
I have my son Keoni,
- Hi.
- Doing a collab today.
You have a YouTube channel, is that right?
- Uh huh.
- What's it called?
- The Keoni Show.
- The Keoni Show, we'll put a link to it so
everybody can subscribe to it and check it out.
We do some fun games and things there.
But we wanted to do a video today to talk to
all of you young entrepreneurs out there,
maybe you're as young as Keoni,
Keoni how old are you right now?
- Eight.
- Eight. Maybe you're younger, maybe you're a little
bit older, either way we're gonna talk about
five things that you should stop doing
and you like business and entrepreneurship right?
- Yeah I like making videos.
- You like making videos, you like being on YouTube.
What's exciting about that for you?
- I get to be in front of people, it's like people
are actually watching you do that which is cool,
like there's actually watching me play my game.
- And why is it nice that they're watching?
Like what can happen from that?
- I can help them and they can create a YouTube
channel of their own, and it's just really fun to play.
- Is building a YouTube channel the only way
to have a business?
- No.
- What are some other ways that you can have a business?
- You can build a company.
- Like what's an example of
- Build you own website.
- You can build a website, as long as you're doing what?
Like how do you actually win and do
well as a business person?
What's the one rule for every successful business?
- Never give up.
- Well, that's definitely a rule because if you give up
then you're definitely gonna lose.
- Yeah.
- But, what does every good business do?
A good business does what?
- Helps other people.
- Yes it solves a problem of some kind.
Now the problem that a YouTuber is solving for example
is just boredom, right so making something
entertaining and fun, that's a way to solve a problem,
and the problem is boredom.
But every business solves a problem.
So that's the most important thing,
when you're creating any sort of company,
what problem are you solving?
That's the most important thing, not how much
money you can make.
The money comes from how well you can serve.
- Helping other people.
- Exactly.
So let's talk about these five things.
The first thing I wanna talk about, this holds
a lot of people back, especially the young
entrepreneurs, and that is just they're afraid to start.
Right, and can you relate to that, being afraid
to start something for the first time?
- Yeah.
When I first did my YouTube video I like, didn't do it.
- No, what was that experience like for you,
when you first tried to do a YouTube video?
You said you wanted to do a YouTube video,
- Yeah
- And then once the camera turned on
You just like (laughs),
you just froze a little bit.
Tell me what was going through your head.
- I don't know, because these people, strangers
were watching me.
- Yeah it's kinda scary right?
- And just people watching me in general.
- So what were you afraid of when
people were gonna watch you?
- I think people watching me .
- Yeah but why was that scary to you?
- I think because random people are watching me
or I just freaked out.
- You just freaked out, it's a little scary right
when you know that there's other people watching you.
But how did you get over that, because you're
really good on camera now, obviously five billion
people are watching you right now.
- Yay.
- Not really five billion, although if that were to happen
that would be pretty cool, but how did you get
over your fear of getting in front of the camera?
- You like, told me something I think?
- What did I tell you?
I said do it or you're gonna go to your room!
(laughing)
I didn't say that.
- No, it was a long time ago that was my first video.
So yeah I don't think I remember.
- Okay well here's how it went down.
So we were gonna shoot his first video, and I don't even
remember what it was about - Breakdown
Pokemon
- No it was about Pokemon, you're right.
So we'll put a link to that video that actually
did get filmed, but it took a few takes,
and i think he was just so worried about being perfect.
Remember you were like, ah I'm gonna forget what
I'm gonna say, and you just started to kind of freak out
a little bit because you were worried about getting
it wrong, but the cool thing is you don't have to be perfect
to make something great, and that video wasn't even
perfect, this video
- That was 20 minutes.
- It was a 20 minute video, so you know that's
good for watch time and stuff, but when it comes to
just trying to make something for everybody else
to have or to use or to watch,
it doesn't have to be perfect.
You were so worried about being perfect, but guess what,
you can still do great things without being perfect,
and you know for me when I tried starting new things
I was scared because I was scared I was gonna fail.
Like I was scared to start a business because
I didn't wanna fail, I was scared because I was worried
about what other people would say about me.
I was scared because you know I like to win, I like
to do well, and I don't like to fail,
but what I realized is that when you're building a business
that's part of the process.
You have to fail because that teaches you.
That's what I taught you.
- That like, you know that you shouldn't do it.
- Yeah so you can do it again in a different way.
So we've talked about this many times in other parts
of life, not just business right?
Other times that you've tried and failed,
like when you were riding your bike for the first time.
- Yeah.
- Or swimming, or building certain things.
We do a lot of science experiments and stuff
and sometimes that fails, like remember we tried
to build that rocket the other day?
And it just like (blowing raspberry)
- Yeah.
- Didn't really do so well.
I think it's cause we were using organic vinegar
instead of the Heinz, like legit stink vinegar,
but anyway.
So let's move on to number two now.
I think this is a big problem, this was a big problem for me
and I think this is a big problem for a lot of people
nowadays because when you try something and you
hope to build it, maybe it's like a business,
maybe you go out there, you build a product
and you try to sell something and then,
you get no customers.
A day goes by, you don't get any sales.
- That's kind of good.
- That's kind of good?
Tell me why that's good?
- Cause you know that your product is not good
so you can improve it.
- You can improve your product, it's not just the
product that might be good, maybe you're selling it
in the wrong place, right?
Because what's the big L word when it comes to selling
that's really, really important?
- Location.
- Location, right, you need to in the right spot
where your target audience is, so maybe you have
a great product but it's just in the wrong location too.
And the only way you can really figure that out
is just by, again, trying.
But I think what I was going for was,
sometimes people want results, they want to see customers
the day they go, the day they launch their business.
They want results right away, and it doesn't feel good
when you try something hoping to get something
and you don't get it, right?
So what's the big lesson there when it comes to,
you try something and it doesn't really work the
first time, you get impatient.
What should you be doing instead?
- Try to think about how you can improve your product.
- That's good.
- And thinking about your location.
- And your location, but you also need patience.
And that's something that we've had to work on a lot
because I know a lot of times you want things to happen
right away and we live in a world where we can get a lot
of things quite quickly, but when it comes to building
your business, especially for all you young entrepreneurs,
you gotta be patient.
You gotta work hard, but you have to be patient
for the results.
Okay, does that make sense?
Do you know what being patient means?
- Waiting.
- Waiting.
But I like that you were kind of talking about being
actively waiting, so as you're waiting for results
you're still trying to figure things out,
I think that's really smart.
Okay, number three.
This is something that a lot of people don't want to do,
but I think it's one of the most important things to do.
So if you don't know how to do something, you try something
and it fails and you are just stuck.
what do you do?
- Try again
- Try again, that's actually a really good one,
because sometimes you try it for the first time and
it doesn't work, but maybe you're trying and you're just
stuck, and you don't know the right information
to move forward, where else might you be able
to get that information?
- You can get it from other people that were successful.
- Yeah, so you can ask for help.
Some people are afraid to ask for help.
Why do you think they're afraid to ask for help?
- Cause they wanna be good, and not ask for help.
- That's a big one, there's a lot of pride involved
with just trying to figure things out on your own,
that's really smart, but is that really the smartest thing?
- No.
- To not ask for help?
- No.
- Because what if somebody could just say oh,
you just have to change this thing and then it will work.
Wouldn't that make more sense than kind of just
getting so frustrated and waiting so long?
- And you could, by that there's a risk you could mess up.
- Say that again.
- There's a risk that you could make the wrong move.
- Yes, so it's always good to work together with
other people, and if you don't know something,
go ahead and ask somebody who, maybe they've
already done it before and they're gonna be able
to help you out.
You know what, there's a lot of really friendly people
out there, there's some people out there who maybe
don't wanna tell you how to do something but,
if you get connected with the right friends
and the right people in your space then yeah,
you're gonna have a good, good support system
who when you get stuck you can go to for help.
Does that make sense, who do you go to for help?
- Either my teachers or my friends, I guess.
- Okay, who else?
- You.
- Thank you.
- And who else?
- Mommy.
- Yes, definitely Mommy, Mommy is always the first answer.
Cool, but your friends, teacher, love it, love it man.
Okay, this one is a big one, and this is something
you and I always work on, and this is when
something goes wrong, sometimes the first reaction
that we have is to just get really frustrated
and start complaining, right.
Can you define for everybody, well what does
complaining mean?
- Where you just like don't wanna do it anymore.
When you're saying that you don't like, don't wanna do it.
- Yeah, or you might get really frustrated,
you might start yelling or even like throwing things.
You haven't done that, but you know some people
when they get really frustrated, their mind goes crazy.
So what happens, and you've done this before,
you've gotten so frustrated about something,
what happens next usually?
- You give up.
- That definitely happens when you get frustrated sometimes.
Sometimes your brain doesn't really think when
you're in that frustrated mindset
- Oh yeah.
- Like there's probably a way to solve that problem,
but when we get frustrated we forget about trying to do that
we just get so upset because things didn't work out
the way that we had hoped,
but is the world always going to work the way we want it to?
- No.
- No, but you know what you can control?
- Your body.
- Your body, (laughs) I hope you would wanna control
your body, that's good - Yourself
- Yourself, right exactly, you're on the right lines.
Meaning, how you react to it is something you
can control, right?
So sometimes things are gonna happen to you that
maybe aren't so good, and it's not gonna feel great
and yes, you're gonna wanna be frustrated.
Now I'm gonna say this, and it might sound a little weird,
but it's okay to get frustrated.
I'm not saying don't get frustrated.
What I'm saying is, don't get so frustrated so that
you don't think anymore, and you're doing things
that are hurtful to others or saying things
that are hurtful, or doing things that aren't
trying to solve that problem.
But what I'm saying is how you react is the thing
that you can control,
and I remember when I lost my job,
this was before you were born,
I lost my job and I got very upset, I cried a lot,
I was trying to figure things out and I thought
the world was just against me.
But it was when I finally told myself, you know what
there's something I have to do about this,
I have to take control, that's when I built my business,
and that's when things started to change,
and that's why Mommy and Daddy get to walk you to school
everyday and pick you up everyday and all that kind of stuff
and it's because I made that decision to take control
and to do things and react to the situation,
which was a bad situation,
but turn it around and turn it into a good thing.
Does it make sense?
- Yeah, cause if you lose your job, you can make
a better business after.
- You could, you could.
- And spend more time with us.
(laughing)
- Now the fifth and final thing I wanna talk about
that you'll need to stop doing is stop giving up.
Because what happens when you give up?
- You just say you can't do it anymore and when your
mind says that, you don't.
- Wow, that's very profound.
When you don't think you can do something,
you're probably not gonna do it, right?
- Your brain is like the controller of your body,
so when you say, like in your brain you can't do it,
your body won't do it I don't think.
(laughing)
- You're thinking right man I love it.
So don't give up, keep going, you're gonna make mistakes.
You're gonna fail, you're going to get frustrated
but hopefully you'll react in a way so that
you'll learn from those experiences, right?
So that every time you try again, you get better and better.
Dude, I love it.
Any final words of advice for all the
young entrepreneurs out there?
You've still got a long way to go, and hopefully
I can coach you along the way, as long as you still enjoy
this process of building a business.
Whatever you wanna do bud, I'm there to support you,
and I hope you all have a great support system too.
But any final words of advice for all the
young entrepreneurs out there?
- Don't be afraid to start a business?
- Don't be afraid to start a business, try.
My piece of advice for you, is have fun.
It's your business, you can make it anyway you want,
you might as well have fun with it too.
So do something you love, create a business out of it
if you want, and enjoy the process.
Alright man, thanks so much, I love you bud.
- Love you too.
- Bye.
- Bye
- Oh and subscribe, subscribe.
- Oh yeah, subscribe - Subscribe
Check out Keoni's channel if you want, and
yeah have a good day.
- Bye
- I love this, I love this.
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