Reaction to SHAQ Telling Kids They Wouldn't Get Money
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- เผยแพร่เมื่อ 25 ก.ย. 2024
- Patrick Bet-David Podcast Episode 100. In this short clip, they talk about Shaq making his kids work for their money.
Watch the full podcast: • PBD Podcast | EP 100 (...
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Patrick is a successful startup entrepreneur, CEO of PHP Agency, Inc., emerging author, and Creator of Valuetainment on TH-cam. As a natural critical thinker, Patrick takes complex leadership, management, and entrepreneurial ideas and converts them into simple life lessons for today's and tomorrow’s entrepreneurs.
Patrick is passionate about shaping the next generation of leaders by teaching thought-provoking perspectives on entrepreneurship and disrupting the traditional approach to a career.
Follow the guests in this episode:
Tom Zenner: bit.ly/2FbacnW
Tom Ellsworth: bit.ly/3pvFrLT
Adam Sosnick: bit.ly/2PqllTj
Ricky Aguilar: bit.ly/37zokDc
Gerard Michaels: bit.ly/3fMja9z
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#PBDPodcast #ValuetainmentShortClips
As a parent I think it is important to teach kids “Service”. Teach them to be Grateful no matter what.
… To be Grateful in All Things
Generational wealth ends with entitled mindsets.
"I'm rich. You're not. That's life!" - Shaq Fu
💯💢💥💫💣
"Daddy, are you a Millionaire?"
"Yes, yes I am."
"Well......you're not a Billionaire like Batman!! BARS!!"
(Mic drop)
That's going to push PBD to hit the 10 figure mark lol 🤣
I agree with shaq although no matter what always give your kids the tools that will let them past you
Man what a beautiful bunch of people together there. So happy for you Pat, god bless your family!
Good dad Shaq
I told my son when I die he will get my money once his net worth reaches a certain amount.
This is to help prevent my generations worse attribute of pure greedy selfish entitlement.
Hm smart.
Interesting bro
Your money so your right to do it. However, if your expectations are too high or don't account for how the world is changing then it's kind of an unfair move.
I have a hard time listening to the older folks who bought houses at 90k and salaries were 55k. Gas was $1/gal and a new truck was 15k. The world is different and we can all see the incomes are not enough to keep up.
@@thevikingbeard89
Two things:
1: My son will easily be able to accomplish this because even though he’s only 12 he has the determination of three adults. It’s only a net worth of $300,000 which is easy attained.
2: I made my money with a blue collar construction job. Do you know who works in ALL of the construction jobs in my state? 95% of them are illegal immigrants. This is because my generation doesn’t want to get their hands dirty or do manual labor if this wasn’t the case how come I’m the o Lu white guy on every single job site?
You can make easily $200,000 a year doing construction if you are determined and if you have educated yourself on finance.
The reason why as you mentioned our money doesn’t buy what it use to is because people keep demanding shit for free even though our country is in massive debt. So they just print the money and devalue it. So they complain for free shit then complain that their money is devalued.
@@Westcoastrocksduh im pretty sure them hiring 95% illegals has to do with some making 200k a fuckin year
Jen seems like a wonderful human. Lucky man.
Texan and mexican. The best 🙌🏽
Shaq's kids stay with him and not their mother yet he's not there for them😂😂😂
I don't blame Shaq at all. They (his kids) were born into one of the most advantageous life styles possible. If they can not make their own money they do not deserve the money because that would mean that they already wasted their greatest advantage so of course they would waste all of the money that Shaq worked so hard for.
Not necessarily. Being born rich doesn't mean you should be able to become rich on your own.
What if they're disciplined, hardworking, but have an average paying job?
Do they not deserve an inheritance from Shaq because they didn't become multimillionaires?
And isn't the goal generational wealth? How you gonna work hard then leave your kids with no money or assets? Why not put them in an advantageous position? Why automatically assume they'll mess it up?
@@michael43567 if you’re disciplined and Hard working, you’re not going to have an average paying job. Especially with the resources they have.
Generational wealth sounds great but typically leads to a lot of problem. If you give a kid everything from a young age, what does he have left to work for when he gets in his twenties? Where is the excitement of life going to come from? He’s probably already traveled the world, bought expensive cars, went on yachts. Life will become boring. So the kid will lead to drugs for a high, or parting getting drunk and then race. They need to do something to get the excitement back. They can’t get excited building something because they’ve never had to there entire life.
@@amitpalbains9361 you sound naive. Working hard doesn't equate to earning a lot. A lot of gruelling jobs pay average. Him/her being hardworking doesn't mean they're gonna have an above average paying job.
I never said give a kid everything, you're strawmanning me.
And why are you making assumptions about the kid having expensive cars?
Then you go on to generalize saying the kid will end up doing drugs.
You're programmed to think a kid with rich parents turns out to be a screw up.
There's a bunch of people who actually did well even with rich parents e.g Trump, Bezos
Pat's famíly is such an inspiration.
Once your kid can walk you should never make their bed or clean their room. It begins with that. You have 12 years.
It’s strange, when people are broke they say they want to make money for their family. Then, they get money and they want their family to “Do it by themselves”.
I wonder why it’s so important for rich people to want their kids to do it by themselves when they don’t need to
Pat gave her his mic, that's love. He loves the shit out of that mic
hhaha thats kinda a mind fuck
@@thdgaming6619he is Iranian and they love control and they only accept submissive women....I went to school with students from Teran/ Iran
Someone said it's petty that Shaq block David but to someone you grew up poor and worked to where they are and has given back 100x over it can be disrespectful. No one has ownership over how disrespected someone can be.
It will be interesting how Pat's kids turn out...just keep LOVING THEM that's what they remember...
I grew up a migrat kid working in the fields as a family!
Poverty had a different face. I was not ever scared where I was gonna be and both parents would be there. Your wife is so radiant! And she doesnt have to try. Love it's like that.
Everything in balance.
I worked in my dads grocery 14 hours a day no overtime as teenager and I am successful today with education and nice family but one thing I do differently with my 2 boys are as follow :
Anything you do as your responsibility like homework and clean up your room is your job to live in this family but if they help me in landscape or cleaning pool is chores that they get paid for it and can buy extra stuff with it.
They are 6 and 8 years old.
God bless his wife. She’s lovely with hardly any make up. Besides that she’s seems so serene.
If I was his kid I'd be pissed but since I'm not I think he's a better father than ball player and that says a ton
I like Shaq's message. Agree wholeheartedly.
Why do you have guys making comments without knowing. Most people connected know about Shaq's kids. His Son just made a huge decision on what school he chose by choosing an HBCU.
You know quite a bit about a teenagers life
@@Colonelgliz Shaq had a show with his Son. He moved to Georgis specifically to be closer to his dad. His daughters play too. If you are in the basketball world it is something that most of us know.
My brother had this discussion with me and my mom and he asked me would I give or save money for my son and I said no, he has to make his own way, but I said if he had physical and mental illness then yes it’s my job to care for him if he can’t care for himself, both his dad and my job to care for him if he had a life threatening illness.
I had a lot of learning and comprehending issues but technology was behind and so I ended being shoved in all the wrong cracks. My parents also didn’t guide me or educate me because they didn’t educate themselves enough but I’m not broken, I’m sick but not ready to die.
However we had a health son who’s perfectly capable of making it in the world.
Why the concept of earning a living is so foreign to parents and young people is amazing. That shows how many are spoiled on the riches of this country.
My parents left me money for my future because they knew I was sick and that no one actually could help me, even now after being tested they say there’s no cure for adults, but guidance for children. The bottom line is there’s no cure, your body and mind is slowly dying and you just keep achieving your goals through the good and bad times.
I think that if your kids show you that they are responsible adults they can be trusted to continue to grow your wealth/legacy. I am giving my kids an inheritance once they are millionaires themselves
Oh I agree with the man who asked if Shaq even spends time with his kids! Good brain! Great point!!!!! And I also feel it's callus
shaq absolutely shares he does all kinda of charity, officially & offhand
Michoacán/ Jalisco.. !! Damn ! Patrick knows Michoacán. 😁 Thats sick!!
Mrs. Patrick Bet-David is so pretty. She has a natural type beauty.
I like the latin american guys view... this will be yours but for now you gotta help me with this
His kids that will all be first round draft picks if that’s their path😂
His kids even daughter have college degrees
Great conversation everyone. A famous jazz musician Marcus Miller told me that his son came home from high school one day after studying in music is one of the best bass guitar musicians, Marcus Miller. .... Dad I did not know it was you. Marcus told me he never did tell his children exactly what he does for a living.
There should be an inheritance draft. The estate of the richest American should go to the children of the poorest American, the estate of the second richest American goes to the children of the second poorest and so on. Watch how hard the kids of the richest start working and how they realise why socioeconomic fairness matters.
love your better half Patrick.
Shaq got that from JERRY LEWIS
Little Dylan with the Batman bars😂😂😂
good for Shaq
Dynamite that his wife is on there.
If you're worried your children are waiting for you to die for your inheritance, you messed up a long long time ago.
I have two boys under 2 right now. I’m thinking about this for the future lessons I teach them.
I think this is all a front so the kids can pretend to have inherited nothing when old but they will get checks from a secret trust fund every week.
Shaq should just establish a trust for the kids that says you have to get a degree before you can get payments from the trust. Make the trust a discretionary trust with a trustee that understands your intent.
Dudes acting like Shaq is a Doctor or entrepreneur who just out worked everybody else. He hit the genetic lottery….. he was lucky.
I'll go out on a limb and say more than half of his wealth is from non nba money.. he's more than turned his "luck" into Generational wealth
@@THEMASTER26 right but he got that capital from playing in the nba lol
@@brianholguin6338 oh I get that...and how many other nba players make their capital in that manner and still end up with nothing..you still have to know how to play the game (money)
@@THEMASTER26 a tiny minority of nba players end up broke. Most end up fine
@@michael43567 close...about 60% end up financially struggling after 5 yrs of retirement..2021 S.I article. But yes for sure more prevalent in NFL.
Adam is almost perfect for this talk show lmao. Hahaha. Adam reminds me of a GTA character hahahaha
If i reach that level of wealth Im leaving enough to change the lives of my unborne grandchildren and their grandkids. Shaq, got lucky he had talent for basketball. Period real life moat kids are going to have normal jobs and normal lives. His impact will be a footnote on his great great grandkids. I get people want to teach their kids good morals but its unrealistic to how life actually works in practice.
So you think luck and talent does the job? That couldn’t be further from the truth. You got to work for it.
@@saint_ofc Shaq got genetically lucky he had natural and learned talent for basketball. If it was not for that he would have been a normal guy at a normal job in a corner office.
@@jwoods9659 you don't know that 100%. Who knows he could have started multiple businesses and make potentially even more money. Nothing is absolute.
@@OlekDeejay We agree he would have been a normal guy. In a office.
@@jwoods9659 So it’s either Basketball Star or regular office guy, no other possible outcome. Ok… lol
Shaqtwizzle
It ain't shaqs bread that's what sounds like
I think millionaires need to put these comments into context. They make it sound how great they are. In reality , majority of people know they will inherit nothing and don't make it a virtue.
Kids with rich parents always have a sense of entitlement. I don't blame any of them for teaching kids how to make something out of themselves on their own.
I see both sides. By my thing is, don't we work hard so that we can provide for our family? Isn't the goal generational wealth? I'm not saying give them everything, but when you die, surely leave them behind something significant. Let's say 1m each & a house each. Then sure, donate the rest to charity or something.
And I hate this notion that your kids will end up screwjobs just because they inherity wealth. You gotta instill discipline in them. Show them how to invest & use money smartly. If they still screw up, that's on them
Shaq must have read the Dave Ramsey book on raising money smart kids!
I think when people do this to their children is totally wrong . For years , you brought them up living a certain lifestyle , and then you pull the rug out from them . It isnt right . I mean you can add a codicil to the will , that in order to recieve an inheritance , they must work a job and live responsibly . But to cut them off totally , is wrong.
it's not about the money, it's not necessarily about how good they are at making money. But, if you guys know how to make money and your kids grow up not knowing how to do that, then thats negligence. You didn't do your job. Also, as time goes on, people shouldn't have to spend so much capital on non sustainable business. In all forms. These kids should have a positive vision within industries that benefit the planet but that make money in a sustainable and profitable way. Great talk.
I think that's a safety strategy. The kids might be tempted to kill the guy to get his money 😂
I thought he said he's not giving them money ?? he said they will have to pitch to him what they need money for which I think is a good thing
stop with the click bate
You need to create space for children to go on a journey with challenges and tribulations. Do you not think he will support them? He's just not giving it to them.
Seems more like shaq wants his kids to satisfy an emotional need he wants from the kids. Like they can’t live without him
Unique pov.
If his safe is a liberty safe all he has to do is call them and get the code. Lol😂😂
Why im i watching this ? Im not even married XD
Adam his asking you its a easy question.
my Kids will get all of what I have no question
Shaq is the most sensitive person ever lmaooooo 😂😂😂😂😂
I dont understand how families breakup from inheritances
It was part of the EYL podcast
I feel like Shaq capping
80% to my kids 20% to my nieces and nephew
Good parenting talk
How she makes her husband look soooo good. Wow.
Sonny== Shaq don’t care about you so why should you care about him??? Nobody cares
wow he actually made a legitimate point! pigs grew wings on this day in history! lol
Dont give your kids money give them skills and instill a work ethic
No papers and 4 dealerships and 12 houses someone is a drug dealer.
Loved this
Unlike old money families of the past that will for sure leave money to their heirs these new money folks do not plan on setting up family dynasties or turn into old money families. I don't know being a family dynasty has it's perk you become immortal as your name is in history
Difference is Shaqs name is already immortalized in history
Adversity will ensure you kids will survive through anything. Your kids won’t learn anything if it’s just hand down to them . However if you have that much money pay off their college dregree make a lot of sense. So I will at least do that and give them a little bit of spent money .
Survey says 8/10 of Shaq goes to the kids in need. Jolly Giant of Toys for Tots
Make your will before Dementia is one main thing of many I got from this .
That's bad bad situation .
I would love to know if she did or did not . That's the answer Gerrard
How about releasing the sit down instead of being a news anchor…….
What's the Playstation for on the table Pat ? You guys having a game session after the pod cast?
I get Shaw wanting to make his kids have work ethic and respect for money and all… but don’t u wanna give your kids everything u never had? Obviously within reason, but to make there life enjoyable and easy, help them find there passion!!
It’s like they say “show me a man who’s work is there passion and I’ll show u a man who didn’t work a day in there life” it’s righteous of Shaw u was just a basketball player doing what he loved to become so rich!! And expect his kids who might not have that sorta talent or smarts to not enjoy life and his fathers wealth and do it harder!!
If you throw up where you get everything handed to you you don't know what real life is. So when they get 18 have to get a real job don't understand the value of money like Joe Rogan said if you don't know the value of something you're just going to assume Like a Diamond by it it's a thousand bucks that's not that much in reality it is a lot of money for a lot of people don't realize that but you have to go through the struggles to actually figure out what life is all about at least I think so
Look at all the sweet Merch $ on the table
Legit question:
How do people feel about parents that have built up wealth of a couple million dollars later in life,
one kid has struggled his whole life other kid is worth as much as the parents…
How do you’s feel about the parents decision by passing there own kids and giving the lot to the grand kids??
One kid that has money had money given buying first house at 19 car bought for him everything he needed as well as halves in real estate and a vineyard…
Other son had none of that and was also (in parents own words) treated badly growing up with physical and physiological abuse and while Parker’s building wealth didn’t have money to help second son…. 10 yrs age difference between both!!
Legit would love to know people’s thought!!
3 million this video only has 12 k views
People will say I won't give my kids the money they gotta work for theirs but I'll rather give it to strangers and different organizations. For some reason that sounds oxymoronic to me but I find logic on the internet to be lacking so ima head out lol.
A total waste. You work hard so you can so you can change the outcome of your bloodline for 3 or 4 generations
True , but they lose work ethic if you don’t give them insentive to maintain the wealth. You can give them money , but do it with incentive that way they have the work ethic to help maintain the wealth
@@kingray3139 ....If you say so, you all are assuming wealthy kids are lazy and stupid with money. Not true Maybe it's culture I know plenty of non Americans that have a completely diff view. It is my duty to create wealth for the generations ahead of me not even born or thought of yet. They may lose it. Also our hard working' kids may never reach it. We all know plenty of no wealthy kids that never amounting to anything. I'm 39 for all the hard work I did in my 20 it never amounted to anything. If you going to work hard do it for yourself and your own goals. Time is something you can't get back. Now I'm a web developer. Never going back to that old mindset EVER. Best thing to do is to teach your kids to own things and not "work hard" at your local grocery store. it's wasted time. Getting paid and making money direct from your skill is a far far different feeling than collecting a $600 check at Walmart or Target. Start your kid young wanting to learn, loving to learn them help them start something of their own.
@@jwoods9659 i never said they were lazy. Some get entitled though and that might make them lazy. I dad I rich, but am not lazy because I saw what it took him to get to where he is now
@@kingray3139 Well yes entitled they are wealthy family. What got him there was the fact he was good at Basketball. Outside that he would have had a normal job with a corner office. Shaq had a once in a lifetime talent used at the right moment.
@@jwoods9659 true
Shaq is dumb to block Pat.
Isn't that just a way to not pay taxes? Setting up Foundations? I'm skeptical.
All these standards set... but cursing is the last to teach them?????
Such a beautiful woman inside and out
Sponsors and ads are terrible transitions
Girl with the dimples is pretty as hell
Shaq is with his kids alot...what tha fook is that guy taking about?!
On Instagram
People filter their Instagram so you can’t go by social media
Im glad millionaire dads aren't giving their money rightfully to their kids.
Kids might squander the dads or parents money. It has happened before.
Paris Hilton was a lucky case.
Why assume the worst tho? They could just as easily NOT squander the money
@@michael43567 depends on how they're raised. If the kids are raised in today's consumer world based/ social media etc, no way will they be able to resist spending most of their money . It takes a strong & wise person to keep from splurging on themselves or their friends.
It's important that one must learn the value of money before acquiring a lot of money. Thats why a lot of lottery winners go bankrupt. Another factor is poor money mismanagement . There's many factors actually but CBA to go over them here.
@@kennymichaelalanya7134 you're completely right, it could go either way.
I'm just annoyed that people seem to think if they inherit the money, they're bound to squander it.
If I were to bet, I'd say more rich kids end up doing well than squandering it.
Ask them what a gallon of milk costs? Then give them the money.
Pbd with his wife is cute
It’s funny how Adam skates around how much money he would leave his kids and wife after he dies. That’s what you call a greedy bastard. He prob the guy who wants his money buried with him when he dies. It’s telling what kind of man Adam really is.
Majority of parents are narcissistic, they make kids for their own pleasure.. some people just enjoy watching their children suffer rather than helping them. Inheritance is also bs, you don't need to wait 4 or 5 decades to get a little bit of help in life
I couldn’t imagine my father having to think about him leaving his estate to me and my sisters .. wow Patrick had to pull teeth to get him to say he was leaving his kids anything dam people are really funny when it comes to there money . Who else would u leave ur money to other then family or someone like family to u.. charity ummm I guess a lil if u have it like that , but then is it really being used properly or is it just to make urself feel better saying I left money to charity
Dauphin River First Nation Manitoba Canada 🇨🇦