Sara Blakley found her blue ocean and become a billionaire in about 10 years, did not use investors. Her company is still private. It would be awesome to see u interview her.
@@RichHxmie of course and the story given, just gives you the mindset of actually building a system for running your business effectively, instead of chasing the "multiple revenues myth" from one business.
I love how Pat, as great as he is, still always pays attention to the interviewee and takes notes on certain points rather than just waiting to butt in like some interviewers do.
Read built to sell, recommend by Alex Harmozi. It stung. I thought I was further along. I automated my systems and reduced the work load but still a 1 man crew. This man gave me a new perspective. Will probably read all his other books too, when all current info is implanted. Great podcast!!
@@randiaz95 I meant it in general. That’s kind of like saying that there are 5 guys and 1 body armor and I say, the safest one is the one with the body armor. It’s true for everybody but, not everybody gets the body armor. Get it?
Not true, according to statistics small and medium businesses dont survive long-term. Nature of businesses is there are always loozers and winners. A small or medium business is just fine as a side hustle, its better to have a safe job plan long-term than ignore facts of statistics. People that have the most wealth today are more likely to take over most markets because they have so much money to have the ability to do so.
Pat, thank you so much for having these interviews that have inmense amounts of value for all of us. As a Latin American I think that there is also a good amount of spanish speaking people that do not understand english very well and that would love to have access to this knowledge (via spanish subtitles in your videos). That could help entrepreneurs in this region that are looking for world class mentors and would give them the tools to accelerate the development of our economies. I hope this suggestion may be considered by you and your team. Thank you again and keep killing it!
@@businessacount9891 no hablan de ese canal en este ni en el podcast (o al menos no lo suficiente). Yo sigo Valuetainment hace un par de años y es primera vez que escucho de Valuetainment en español. Creo que deberían promocionarlo más en sus otros canales para que gente como nosotros podamos recomendarlo a aquellos latinos que no hablan inglés.
28:50 The difference between normal entrepreneurs and Bezos is vision. It's freedom most people desire, where Bezos and Musk have visions so far beyond themselves that it's in their best interest to stay with the company.
Yh you're right there are a minute few who want to be exceptional in new endeavors and aren't looking for money or just freedom, the gates, Musks, etc. But they are unique as they start from a pretty good beginning, they have options and financial needs isn't their motivation. Musk was already in a PHD program, Gates came from a wealthy family and was at Harvard, Bezos worked in Wall Street etc.
So good to hear from alive, energetic Entrepreneurs. Brooklynne is so adorable. Her eyes are locked on to her Papa's. God bless you, Pat, and your beautiful family.
As of 2022, the average daily social media usage of internet users worldwide amounted to 147 minutes per day. Imagine how differently our lives would be if we used that 147 minutes consuming information like this instead of scrolling through Facebook and Twitter.
I’ll never understand the appeal of that guy. His hatred towards everything we stand for is written all over his face. George Gammon also have his a friendly interview. I don’t get it at all.
He was delusional, I’ve spoken to people in Russia first hand, whose families suffered and starved under the evils of the Stalin regime. People need to educate themselves on the objective reality instead of living in their bubbles..
I watch quite a bit of Valuetainment and that sometimes takes away from my reading time and/or time I could be spending working on my business. Episodes like this make the ones that aren't worth too much to me personally even though they're good to hear worth it because you often stumble upon gold. Thank you Pat
recently sold ...it was a quick sale, im wondering after listening to this if I did the right thing or if I should have talked it over with John first, i had some pretty unique markets,and was disrupting my competitors who ended up buying my out bcs they knew in a few years id become a pain in the ass.better niche product,and was growing fast.w excellent branding.others tried to duplicate my success but didnt put in the work necessary,or understand all the moves i was making that was going to revolutionize the industry.
Master of educational, comprehensive interviews and profound insights. Your style of mentorship is second to none. Always a valuable and entertaining investment of time. Thank you.🙏
This is everything that got me watching the channel. Great information and my next port of call is Amazon to buy the book. Keep away from the politics and the boo-hoo he lost stolen election conspiracy bs and the channel is both a valuable use of my time and entertainment.
If you go to 36 minutes - what you're hearing is a financial bubble in the process. And this process is driving private equity deals... this is a great interview - great channel... PBD rocks...
This is by far the most valuable video that I've watched. I plan on starting a business. And this is exactly what I needed to hear to help me strategize
I am in the carwash/pressure washing business,,, and I will say that Patrick is correct,,, with carwashes,, selling memberships is were the money is! You get paid regardless if the customer uses your service or not! You get paid,, monthly,,, regardless. Brilliant!
Love the information from both of you guys! Me and my wife own a wedding, fashion, commercial, photography company for some time now and till this Day, we get stuck on what to do when it come to generating clients. Lord please help us.
Funny, here I am listening to this interview and I did the cross selling services when I 1st retired at 30 and it worked out well. Now im building my new business project with the complete vertical integration aspect built in that would be an easy turn key or addition to a bigger company to acquire and lower their cogs along the way. Pretty cool and great feeling when one does freely what others charge how to "learn to do" these steps.
its 2023, I am age 20 watching this while sending messages to prospects, I worry too much but I have been consuming such content since I have old enough to read. My trajectory is solidified God willing
What do you need to focus on to get a great multiple? Surely it's more than avoiding cross-selling your customer base - which can't always be bad to do.
Just starting a discussion, say you got your business to the point where it's a valuable business that you could sell at 10x rev, and now you have the opportunity to go public. Would you sell your business and give up ownership, or would you go public, retain some ownership and sell part of your shares at a later date? If you would do something different, I'd want to hear that too.
I’m a “Goat” Multiple facets here…I’m an Anarcho-Capitalist. I have put most of my money…meaning 90% of the money I have made doing what I have been doing for 10 years, back into my business.
Great talk, makes you wonder, mountain climber, freedom fighter or craft? Why selling? Cause there's time and place and 💰 and development for every stage of the business.
Patrick the way I look at things is this mate, it’s better to go through life, with nothing and to know nothing, that way nobody can take anything, and hopefully nobody will want to hurt you or silence you, just look what they did to John McAfee Patrick, don’t get me wrong mate, we all need something, but as long as I have food in my stomach and a roof over my head mate, for me Patrick, I’m contented with life. The more people have, the more they want.
I think you can do both, the issue is keeping it a strong fit. Tesla has its own insurance company and it’s perfect fit. However a wedding planer decides to start a catering business because it could work together will lead down horrible path. Just my thought. Some businesses need multiple sources of revenue.
Sara Blakley found her blue ocean and become a billionaire in about 10 years, did not use investors. Her company is still private. It would be awesome to see u interview her.
Sara is actively trying to sell her company!
Really?? Interesting.
Great suggestion
@@yaniktube she was already in business for herself before she met her husband
@@samtx5518 Trying to sell her company? You mean she was planning on selling shares. B/c she sold shares to Blackstone.
He's right, what i want most of all as an entrepreneur is freedom
1000%
TGR
Absolutely 100
1,000,000,000,000%
"Built to Sell" is One of the best Real business books.
have you read it?
@@RichHxmie of course and the story given, just gives you the mindset of actually building a system for running your business effectively, instead of chasing the "multiple revenues myth" from one business.
Agree!
What other books do you recommend on real biz?
A simple but BIG thank you Patrick for all the incredible work you do for others!
Patrick, you are truly an inspiration. Mad Respect on you, Sir.
Great!
This interview is amazing. John Warrilow’s books and podcasts have revolutionized the way I think about business.
I love how Pat, as great as he is, still always pays attention to the interviewee and takes notes on certain points rather than just waiting to butt in like some interviewers do.
Read built to sell, recommend by Alex Harmozi. It stung. I thought I was further along. I automated my systems and reduced the work load but still a 1 man crew. This man gave me a new perspective.
Will probably read all his other books too, when all current info is implanted.
Great podcast!!
30:35 three profiles of entrepreneurs
1. Mountain climbers
2. Freedom fighters
3. Crafts people
It’s helpful to know which you are!!
Instant click. Thank you Patrick and the Valuetainment team.
The most safety you can experience is not a “safe” job, it’s controlling your own income and destiny.
This is not true for most people as not everyone has the work ethic required and self motivation.
@@randiaz95 I meant it in general. That’s kind of like saying that there are 5 guys and 1 body armor and I say, the safest one is the one with the body armor. It’s true for everybody but, not everybody gets the body armor. Get it?
@@randiaz95 following that logic, most people won't have "safety" then. Doesn't bother me to be honest. I love seeing people hustle and succeed.
Not true, according to statistics small and medium businesses dont survive long-term.
Nature of businesses is there are always loozers and winners.
A small or medium business is just fine as a side hustle, its better to have a safe job plan long-term than ignore facts of statistics. People that have the most wealth today are more likely to take over most markets because they have so much money to have the ability to do so.
@@randiaz95 its actually true for everyone, but to your point. Most people don't recognize it and stay trapped under an illusion of safety.
Pat, thank you so much for having these interviews that have inmense amounts of value for all of us.
As a Latin American I think that there is also a good amount of spanish speaking people that do not understand english very well and that would love to have access to this knowledge (via spanish subtitles in your videos). That could help entrepreneurs in this region that are looking for world class mentors and would give them the tools to accelerate the development of our economies.
I hope this suggestion may be considered by you and your team. Thank you again and keep killing it!
There's actually a channel called Valuetainment en Español
@@rafizxDx No lo conocía! Qué gran iniciativa de Valuetainment, ojalá sigan subiendo y creciendo muchísimo 🙌🏼
@@sebastiansaldia3245 cielos, tiene casi 7 meses subiendo contenido en ese canal y recién lleva poco mas de 3k subs cual será el problema?
@@businessacount9891 no hablan de ese canal en este ni en el podcast (o al menos no lo suficiente). Yo sigo Valuetainment hace un par de años y es primera vez que escucho de Valuetainment en español. Creo que deberían promocionarlo más en sus otros canales para que gente como nosotros podamos recomendarlo a aquellos latinos que no hablan inglés.
28:50 The difference between normal entrepreneurs and Bezos is vision. It's freedom most people desire, where Bezos and Musk have visions so far beyond themselves that it's in their best interest to stay with the company.
Yh you're right there are a minute few who want to be exceptional in new endeavors and aren't looking for money or just freedom, the gates, Musks, etc. But they are unique as they start from a pretty good beginning, they have options and financial needs isn't their motivation. Musk was already in a PHD program, Gates came from a wealthy family and was at Harvard, Bezos worked in Wall Street etc.
Back to the biz stuff. Thanks PBD!
One of the best interviews I’ve seen. So much knowledge
Absolutely!
So good to hear from alive, energetic Entrepreneurs. Brooklynne is so adorable. Her eyes are locked on to her Papa's. God bless you, Pat, and your beautiful family.
I would love to see a guy or girl who really understands patents come onto the show.
We all can agree that Pat asks the interviewers the best questions!
The hardest thing for a lot of people is finding what they’re really good at finding their “niche”
As of 2022, the average daily social media usage of internet users worldwide amounted to 147 minutes per day. Imagine how differently our lives would be if we used that 147 minutes consuming information like this instead of scrolling through Facebook and Twitter.
One of the best business books
Pat is the Content King. Legit.
Keep these Legendary interviews coming P.B.D
This is better than the Communist Interview
I’ll never understand the appeal of that guy. His hatred towards everything we stand for is written all over his face. George Gammon also have his a friendly interview. I don’t get it at all.
More business value less rhetoric value
I was brain dead listening to that nonsense.
He contradicted himself a lot.
He was delusional, I’ve spoken to people in Russia first hand, whose families suffered and starved under the evils of the Stalin regime. People need to educate themselves on the objective reality instead of living in their bubbles..
This is exactly what I was looking for...!! Just bought all 3 of John's books.
I watch quite a bit of Valuetainment and that sometimes takes away from my reading time and/or time I could be spending working on my business. Episodes like this make the ones that aren't worth too much to me personally even though they're good to hear worth it because you often stumble upon gold. Thank you Pat
recently sold ...it was a quick sale, im wondering after listening to this if I did the right thing or if I should have talked it over with John first, i had some pretty unique markets,and was disrupting my competitors who ended up buying my out bcs they knew in a few years id become a pain in the ass.better niche product,and was growing fast.w excellent branding.others tried to duplicate my success but didnt put in the work necessary,or understand all the moves i was making that was going to revolutionize the industry.
Master of educational, comprehensive interviews and profound insights. Your style of mentorship is second to none. Always a valuable and entertaining investment of time. Thank you.🙏
This is everything that got me watching the channel. Great information and my next port of call is Amazon to buy the book. Keep away from the politics and the boo-hoo he lost stolen election conspiracy bs and the channel is both a valuable use of my time and entertainment.
If you go to 36 minutes - what you're hearing is a financial bubble in the process. And this process is driving private equity deals... this is a great interview - great channel... PBD rocks...
This is by far the most valuable video that I've watched.
I plan on starting a business. And this is exactly what I needed to hear to help me strategize
The subtleties of Patrick taking notes !
This was probably the most informative interview I've ever seen on a great subject !
Yes, very informative.
I am in the carwash/pressure washing business,,, and I will say that Patrick is correct,,, with carwashes,, selling memberships is were the money is!
You get paid regardless if the customer uses your service or not!
You get paid,, monthly,,, regardless. Brilliant!
Love the information from both of you guys! Me and my wife own a wedding, fashion, commercial, photography company for some time now and till this Day, we get stuck on what to do when it come to generating clients. Lord please help us.
Wonderful interview!! So much gold in here!!
Ahh finally, more entrepreneurship videos plz
Awe, She's precious. Congratulations on your addition to the family 🤗 I have a daughter named Brooklyn too😁
Lots of Gold bombs dropped on this interview Well done !
Finally Patrick. An interview about small private equity deals. Thank you.
Funny, here I am listening to this interview and I did the cross selling services when I 1st retired at 30 and it worked out well. Now im building my new business project with the complete vertical integration aspect built in that would be an easy turn key or addition to a bigger company to acquire and lower their cogs along the way. Pretty cool and great feeling when one does freely what others charge how to "learn to do" these steps.
Thank you for this insightful opportunity to be able learn so much from being able to listen in on such a honest conversation at no charge.🤗
Great vid. Got yourself another subscriber. Can’t believe this information is free!
Just Started this Audiobook "Built to Sell" today.
One of your best interviews for content, thanks Pat!!!
Just went and bought 2 of his books-thanks Great guest
Thanks to whole team Valuetainment. Good job. Keep it Up. Guys you are killing it. 👍
Finally i had a glimpse of my dream life 😀
I don't comment often, but I had to for this. An amazing interview. Hats off to the both of you.
Thank you PBD for making this video, so much value.. 1 hour just flew by like it was 5 minute video
Oh wow. I'm currently reading his book the Automatic Customer. Wow. I need to finish the book.
its 2023, I am age 20 watching this while sending messages to prospects, I worry too much but I have been consuming such content since I have old enough to read. My trajectory is solidified God willing
Amazing interview and guest. Thank you for sharing Patrick!!
Hes a Great interactive interview, the two of you vibe WHOLELISTICALLY LOL
What do you need to focus on to get a great multiple? Surely it's more than avoiding cross-selling your customer base - which can't always be bad to do.
Just starting a discussion, say you got your business to the point where it's a valuable business that you could sell at 10x rev, and now you have the opportunity to go public. Would you sell your business and give up ownership, or would you go public, retain some ownership and sell part of your shares at a later date? If you would do something different, I'd want to hear that too.
I'm early in my business, but I identify with all three types of entrepreneurs
I’m a “Goat”
Multiple facets here…I’m an Anarcho-Capitalist.
I have put most of my money…meaning 90% of the money I have made doing what I have been doing for 10 years, back into my business.
1 of the best, i've seen on this stream...pure.
Great talk, makes you wonder, mountain climber, freedom fighter or craft? Why selling? Cause there's time and place and 💰 and development for every stage of the business.
Great interview. Learned A LOT. I heard about the book and now it's time to read it.
Thank you!
"ive found its usually best to sell and move on. becayse FREEDOM is the goal"
mountain climber vs freedom fighter. key insight
Share the vision as well as your passion for what you do.
All value
He’s spot on when saying that you throttle back growth to keep 100 percent ownership, just bought his books.
Im doing this right now. My business is growing so rapidly, im not sure what the right answer is.
@@RDA8191 slow and steady wins the race
Love ❤️ Pat's shirt
Great job Patrick 👏 👍 👌 excellent interview 👏 👍 🙌
This is the shit everyone need to hear.. very Informative and inspirational!.. well done Valuetainment!
Yo! This is Fire!! Another Gem Mr. David. #respect
Great interview, I am a freedom fighter thinking I wanted to be a mountain climber. Great perspective
Amazing interview 🚀🚀
Loved that you did this interview. One of my favorite books 👍👌
Wow!!! You were talking to me!! Thanks guys!! Champion's
I am long term.
More long term than most.
And especially within my sector of business.
I just finished the book after you david recommend it,, GOOD TIMING
This is the book recommendation I needed for my drive across the country to the vault! Thanks pbd
Best podcast episode ever
Looove the interview! Pleaase Pat moore of this type of interviews!
Thank you, Patrick and John!
GOD BLESS YOU GUYS AT VALUETAINMENT
Patrick the way I look at things is this mate, it’s better to go through life, with nothing and to know nothing, that way nobody can take anything, and hopefully nobody will want to hurt you or silence you, just look what they did to John McAfee Patrick, don’t get me wrong mate, we all need something, but as long as I have food in my stomach and a roof over my head mate, for me Patrick, I’m contented with life. The more people have, the more they want.
This gave me so Much, Thanks PBD and John
Wow! Straight Value!! I’ve been doing business all wrong 😅
Its worth watching again 👍🏻
52:00 segment your business.
Great Video! I learned a lot. Thank you for doing this!
Very much enjoyed this video especially the car wash part. Because I’m leaving the Convenience store business for the car wash business.
John has a very good book, on this topic, totally recommended!
LOVE THIS EPISODES PBD & team !!!
This guy dropped so much knowledge!
This was a great one👌 ..... "Think like a grand master entrepreneur" hit hard too!💥
Superb, greetings from Sri Lanka
start up + value+ ipo +sell= Financial Freedom
The intro is so true!
EXCELLENT episode. Sharing with everyone
Patrick you've done it again! Fantastic content and knowledge given here, thank you so much!
Excellent interview
Because of the values as well
Please make video on business automation
Could you do both?
Cross sell, and look for new customers at the same time?
I think you can do both, the issue is keeping it a strong fit. Tesla has its own insurance company and it’s perfect fit. However a wedding planer decides to start a catering business because it could work together will lead down horrible path. Just my thought. Some businesses need multiple sources of revenue.
this is one of the best videos I have just watched today... thanks for sharing :.//