MILLIONAIRES EXPLAIN: How To Start A Business From Scratch (w/ Patrick Bet-David)
ฝัง
- เผยแพร่เมื่อ 19 พ.ค. 2024
- JOIN THE $2K CHALLENGE HERE (It's free, but spots are limited): 2kchallenge.com
I sat down with Patrick Bet-David to discuss how to start a business with $0, hope you enjoy!
Patrick's channel: @VALUETAINMENT & @PBDPodcast
TIMESTAMPS:
00:00 💸 The $2K Challenge
00:41 🏢 Shadow experienced industry leaders for insight, not just success, and learn from their wins and mistakes.
01:53 💼 Negotiating equity after increasing value can lead to ownership or leverage elsewhere if declined.
03:30 🌟 Define your ambition within a role: leadership or support, and excel accordingly.
05:37 💸 Leaving comfort for growth often yields rewards, even if initially uncomfortable.
05:51 🌈 Sequencing matters: passion might not always align with financial success.
11:49 🤝 People skills, conflict resolution, and keeping promises are universal business assets.
14:54 📱 Personal branding on social media is crucial today for credibility and connections.
17:18 🤝 Networking is about value exchange; even small gestures can lead to significant opportunities.
19:23 🎭 Faking it till you make it might work temporarily, but the market tends to expose inauthenticity, especially today.
20:05 🌟 "Future Truth": declaring future successes is fine, but consistent progress is necessary to uphold those claims in the future.
21:16 📉 Making commitments you can't keep in business can severely damage credibility and relationships in a brutal market.
21:30 🚪 Having an exit plan isn't necessary at the start, but evolving goals and visions over time is crucial for sustained motivation.
22:12 🌌 Beyond money, finding a deeper purpose and mission often emerges during the journey of business development.
23:34 ⏳ Immediate financial success isn't the focus at the outset; long-term visions can take decades to achieve.
24:02 🤝 Establishing upfront agreements and responsibilities in partnerships can prevent future conflicts or uncertainties.
25:10 🛠 Having a clear hierarchy or a designated decision-maker in partnerships can streamline operations and avoid deadlock situations.
![ตั๋วเมีย( ຕົວະເມຍ) - SOMBATH.97 Ft. YOUD SALAVAN [ Official music video ]](http://i.ytimg.com/vi/GV6qHagpp50/mqdefault.jpg)
Starting a business is stupid easy. Making it a successful business that get you to your dream life well that takes more than can be taught
Patrick I love your way of providing advice, no bs, no show, you seem genuine
I'm less than 8 minutes into the video and I had to pause for a second. I'm already thankful this interview took place and this information is going out to the masses. I am truly impressed and appreciative and proud to be a viewer since Mark and his son showed up on You Tube. All you guys in your 20s especially need to listen to this. - Rob from Texas
Hi Rob, thanks for your support my friend. MT 😎🇺🇸
@marktilbury you do know that Patrick ran a dodgy MLM life insurance scheme where 95% of the licensed sales agents make less than a minimum wage worker making $7.25hr!
66% make less than $250/year! That barely covers the enrollment fee!
Valuable 26 minutes, appreciate that Mark didn't interrupt or hyped the conversation too much like much younger interviewer out there.
The production quality is absolutely gorgeous, really enjoyable to watch! Would be awesome to have that quality in every video from now on!
I discovered PBD about a year ago and think he's one of the smartest, coolest, likable people I've ever 'met' through the internet.
lol
Patrick is a very interesting person who gives some great perspectives. 10/10 for this one Mark.
Very good talk. I love when other people talk about what’s going on in my head
Two of my favorite TH-camrs in one video. I love it.
That was fantastic! I thoroughly enjoyed it!!
The only time where there is no BS, no marketing but straight to the discussion 😊
Mark excellent discussion with Patrick. Patrick your sage advice is 🔥
Man this interview was incredibly well done
Mark is dressed like the guy about to hire you. Patrick is dressed like the guy about to fire you 😂
Hm !? 😇🤩nope نفهم
پاتریک خیلی دیر پیدا کردم پلی خوبه احمق نیست
He is wise and high IQ but I found him but Kate but found it 👧🏻😇🥰🤩🤩
Thanks guys for the show🙏🏼 Patrick is the man👌🏽
Thanks Mark. This is a phenomenal interview for the come up.
Great podcast. A side note Mark, the dr from the events of Blackhawk down Dr Marsh is the most compassionate dr ever. He was my dad’s dr and even made home visits. He still practices.
Thank you for sharing. Great advice!
Im definitely gonna save this video so i can watch it whenever i need to.
Really interesting podcast, I appreciate Patrick mindset and how he speaks and behave.
Didn’t know about Mark but I’m glad I’ve seen this podcast
Thanks Mark and Patrick for the knowledge I wish I have mentors like you guys 🙏🏽🙏🏽🙏🏽
What a wonderful chat to listen to! 20 mins just flew by.
This is really good!!! straight to the point
Congrats on two million mark couldn’t think of someone who deserves it more then you
P.s you are the reason I decided to set up my business so thank you
What is your business?
@@Jamster869 I do dropshipping
It’s clear both speakers respect each other and the host is very good. Great job!
Great advices! As also Mark's videos are more of an asset than a liabilities
Two of my favourite people in one video.
i quit my job and worked free for a successful businessman for 18 months. I defaulted my mortgage, lost my house, wife and kids. The business went bankrupt and the guy is now a youtuber showing ppl how to start a business
Awesome xD
Sounds like great results please share his name.... you have to share the wealth knowledge lol
@@dermo10how it that awesome
Maybe you should have thought that threw when you had so much on the line
@@road_to_riches2000 that joke went right above your head. Perhaps you should watch the video...
This was very insightful, thanks a lot!
Thank you both for the wisdom 🙏 i enjoyed listening to this
Some great advice from PBD. Make the money first, then pursue your passion. Be knd and engaging, people will forgive your mistakes. I always tell people if I got what I deserved for all my mistakes I'd be in prison and staying there for a long time.
So much value in this video thank you
Fantastic listen with great wisdom nuggets ....i immediately started following you all !
PBD!!!!!! Goood one!!!
This is so good and informative. Great diamonds to use.
Two of my favorite guys in 1 video 💯🥃🙌🏾
Awesome video Pastor Patrick Bet David!!!! 👏🏽
Tremendous Businessman / Leader / Father Patrick Bet David 🙌🏻
Let's go! Can't wait to devour this content! 🤩
Awesome vid Mark. Hope to meet up next time you're here in Dubai
This is great! I am interested in making music but I work as a software engineer to fund it. It takes all the pressure off and makes it that much more enjoyable. If it goes somewhere great, if not, then that is okay too.
I love the PBD Podcast!
Great video, Mark!
Patrick is 🔥🔥
Was amazing 🚀
PBD legend
Collab of the year! 🎉
Two guys I follow in one room, great listening to you both! Congratulations!
2 great entrepreneurs to learn from.
diamond advice!! Most people won't listen tho, they're still here just for entertainment. Have a great weekend!
Patrick is the GOAT👊
Great ideas. Thank you.
Was hoping for some concrete examples of how to start a business as the title suggests. Like loans or finding investors or business plan etc
Seems like u got it man time to stop preparing and do🎉
This man made me to create my own business from Senegal west Africa.
Patrick is everywhere! Just saw him with Bradley Martyn
Much love and success for all
Who ready for this ⬇️
OH MY GOD. WHAT AN EPISODE 💎
Hi Mark this is a great content, the challenge we are facing as upcoming entrepreneurs is, how to get a killer to shadow, can you please help us with an appropriate approach that can help us be behind closed doors with killers we wanna shadow
Great video. Thanks for the advice.
Sounds great. Thanks for having me.
man. that was deep.
No a waste of time. Great interview
sir mark tilbury very nice your ideas and sketch about business ,,,,, mind blowing ideas question and answers
"How to start a business from scratch."
Patrick: get a job! 😂
😂😂😂😂
@@290revolver290 lol. You saw that, right? First question, so pat what would you say to a new entrepreneur who wants to start a business today? Well... Go work at a company... blah blah blah...
I actually respect pbd, just saying what I saw. 🤷♂️😅
@@felixsupreme22 I saw it too. He didn't just say it plainly because that would be to short and would have ended the podcast 😂, but that was it 💯 😂.
Such a nice interview 🎉😊
Great video!
Excellent🏆
its amazing listen to this two moguls...
Thanks 👍
Brilliant
Thank you :)
Amazing discussion. Alain Faber
Like my grandad told me when I started my business. He said son you won’t be able to build a business like mine the way I did it will be much harder. Back in my day I went to the bank and got enough money to float my business and personal expenses for an entire year off of a hand shake.
14:15 the guy going on a 10 min rant is 100 % Adam hahaha.
PBD is probably my biggest mentor, and I have never even met him.
best 26 minute of 2024 already
23:48 Prenuptial Agreements - Say who owns what Before Marriage so they don't get 50/50 split. Putting Prenuptial Agreements Upfront could Prevent Future Arguments and it Eleminates Risk
I committed to the future true and it absolutely worked....
You can see the eye of the tiger in PBD’s eyes.
24:16
Patrick: "What happens in UK if you get a divorce though?"
Mark: "You just say 'bye'"
😂😂
looool
🔥🔥🔥
Bossman patrick
Easier said than done, but we doing it anyway thanks.
i started my investment journey on friday finally took the plunge after seeing your videos mark and i just wanted to say thank you, their are so many youtubers who say stocks that are trending or way over but i stuck with your advise i made $100 return in my 2nd day and rising its tempting to sell as $100 would be a great return for my curcumstancs, at the minute i put in $1200 in what you advised and $100 is lifechanging for me already im not looking for big returns just want to keep above water all my investments are green and was a big risk as that is all the lifesavings i have but im happy that your advise was fair honest and realistic, i hope in a years time i can get better and keep learning , again from the bottom of my heart thank you.
Where did you invest if you dont mind me asking
Or what specific video did you you watch to get a lead on where to invest
🔥🔥🔥🔥
Heavenly Father I pray that you keep the person reading this alive, safe healthy and financially blessed Amen ✌🏾✌🏾... And you will never lose a loved one🖤
lets go
You will never find someone that allows you to shadow them
Nice Video Mark but the Link for the challenge is not working for me. Does anyone has an soloution for that?
My passion is producing and making instrumental music. As of yet I have made no big money from my passion or from the music industry only peanuts you can't live on. So there goes the passion.
How do you produce anad make instrumental music ?
@@crazypato3752 I produce instrumental music on my computer and then sell them on online stores like Spotify. I am making pennies on each sale per stream. I can't live on pennies.
This was not long enough hoping for an extended or full poddy with your son and PBD
It’s on the way my friend 👊 MT
@@marktilbury Thanx mate all the way from New Zealand
Two very different characters and backgrounds there ✌️
Looking for Advice i am planning to strat business import good and selling wholesale in my country i don't have any staff i have do solely my slef so what are skill should i learn ( ex: sale and marketing ) what is the key skill should i study and improve
selling my kidney is faster
What blood type?
Lol
At 14:38 we all know he’s talking about Adam 😂😂
❤❤❤
Good
#futurelooksbright
Strike It Big episode with Patrick Bet David? 👀👀👀
Very soon
Let’s gooo
Making millions with a few phone calls by selling insurance. Got it.
Can’t scroll on link from phone to sign up