Patrick Bet-David Breaks Down How He Built Generational Wealth (Part 13)
ฝัง
- เผยแพร่เมื่อ 21 ธ.ค. 2023
- Watch the full interview now as a VladTV TH-cam Member - th-cam.com/users/vladtvjoin
Part 14: • Patrick Bet-David on H...
Part 12: • Patrick Bet-David: My ...
Part 1: • Patrick Bet-David on F...
--------
In this clip, Vlad and Patrick Bet-David chat about the philosophy of strategic long-term planning, likening it to a chess player planning their moves ahead. Vlad believes that successful people often plan far into the future, with wealthy individuals typically planning for even after their lifetime. Referencing his own experience, he achieved different financial milestones, examined how generational wealth was managed, and used the lessons he learned from reading "The Ultimate Gift" by Jim Stovall. Patrick asserts that the key to everything is sequencing, comparing it to various professions, from coaching to coding. He implores individuals to think several steps ahead, just like in a chess game or a business negotiation, and prioritize the sequencing of their response, actions, and planning. - บันเทิง
Watch the full interview now as a VladTV TH-cam Member - th-cam.com/users/vladtvjoin
I’m trying to become move valuable so you can interview me someday bro
Pat explaining how he planned ahead to build generational wealth. And Vlad: “ya know when I was in high school I was planning for college. I’m a grand master at life planning.”
i enjoy vlad but fuck let the person who's getting interviewed say his persepective.
Sequencing is all about arranging your priorities in order of importance
No lie every time I hear this man speak I start try to mentally picture my every next step to make this first million
Stop lying
Wow very interesting and detailed!
Thank you Vlad. Best interview youve gotten so far!
This is your all time best interview
some real fucking gems right here.
read the book “what would the rockefellers do” amazing book and life changer
Thank you
Bro this clip is epic!
Listening to this guy talk you can tell why he is successful
The ultimate gift great movie it makes you think different I watched it a few months ago
Great words 👍🏻
Good book, I deff listened to the audiobook during the pandemic
What’s the name of the book
@@zombieplayer4782 Your Next Five Moves: Master the Art of Business Strategy
PBD thank you for always dropping jems 💯
I don't like what his platform became but I will always love his business mind. He's taught me a lot.
What’s his platform become?
@@patrickpellegrinonuanced political discussion
Same
@@toshoshi1551That’s because you don’t agree with politics.
@@patrickpellegrinoIt’s a great platform go check it out
storytelling live life thru the story you want told
Great advice
this one hit different
I talk about sequencing in the book and the generational wealth thing as well.
Heres a little sample of the sauce: The first generation builds the wealth, the second generation maintains it, the third generation destroys it. Most wealth does not last past the 3rd generation.
“the book” 😂 what kind of self-advertisement is this? You didn’t even tell us the title & nobody knows who you are
Going to be checking out these books
People hating on Patrick for building an MLM. At least he does insurance which is better than a lot of other services that actually screw people
Bruhhh… 95% of his license agents lost money
Yeah I’ll definitely concur with you there, his business was deceptive in nature but when you think about it just about every business runs on some degree of deception to be successful. At least you can say insurance actually does help families in a major way. He’s definitely an opportunistic person in ways that are glaringly obvious, but his advice is sound there’s no denying that…
@@serafin1797 That happens with most people selling life insurance. it has a high turnover rate. Just like being a real estate agent. But you get lured in by the promise of mega paydays
Insurance is a scam
the only way to "build massive wealth" in history
is to scam, to enslave, or to actually invent something... well he's no inventor lol
Hot damn....I love this kind of talk. It's like financial porn to me. I don't have any mentors that taught me this. So I get excited to hear affirmations of what I'm already doing.
Porn is a fantasy like the BS he’s spewing
Nobody cares about how you feel about this video. Your weak and pathetic with a 600 credit score
Made a lot of sense
AMAZING INTERVIEW GLAD!!👏🏾👏🏾. When is Part Two coming? Pat dropped a ton of Gems on this Interview and I know he has a ton more!💪🏾😎👏🏾🤙🏾
Gladimir
One of the best videos on vlad i have seen in a long time. I have recently realized what he is saying is true.. i didnt think of the term sequencing.. i thought of it as a pattern... life is a series of patterns.. how much money you make is based on the pattern you use every day. In my case i ha e had mediocre success for a long time.. then found a mentor who looked at my business model and changed the pattern. Basically i was doing too much... sometines less is more. I was able to lower costs in half.. and triple my revenue.. and its so easy. Because i mastered the pattern.. aka.. the sequence.. pbd is a real one for this video.... im about to download that movie 🎬 he talked about.... happy near years folks..
bless...
Basically it's about mastering the art of anticipation and the laws of probability. Once you've mastered those 2 sequences, you'll have the world in the palm of your hands.
@@sinatrabeatz I agree with that especially on a Macro level.. im speaking on a day to day level of a pattern of movements/routine that you formulate and execute daily in order to create a life that reflects your worth....
1st Bucket
*Short term 6-12 months
-Money market/Brokerage account , emergency fund, side hustle
2nd Bucket
*Medium Term 1-10 years
Building a self sustainable business
3rd Bucket
*Long Term
-Real Estate, Roth IRA, 401k, Brokerage account
A sit-down between you two & Warren Buffett would be most beneficial
8:30 “Glad”
When I listen to him, I feel like I can make it too.
😅
The world will always need easily led followers like you
@@agmcroom2374how does wanting to be rich and successful make him a follower? Everyone should want to succeed in every aspect of life
Thinking in systems
I gotta watch this damn movie!
I didnt even catch the dang name… yall know it? Help me out
@@therealhollywoodtv The Ultimate Gift book written by Jim Stovall.
this is a crazy collab😂
Bro! 👏👏👏👏
Okay this dude is a great mind, not gonna lie
I promise to buy you book
Priority's!
TBH the Vanderbilt's lost most of their generational wealth by the fourth generation.
The third generation pulled away from the business enterprises that made them wealthy and were all about extravagant spending and high society living...By the fourth, a majority of the original fortune was already spent.
The Ultimate Life
PBD will tell story after story after story.
Vlad: I’m just like every single person I interview.
That was good
Pat is solid! Had the pleasure of learning a lot from him when I worked for his agency some years back and still do today from his content.
Hey what advice would have for me am trying to get into the insurance sales I have a friend that works for php agency
@@davidrosa-hy7zi Not sure the exact time of advice you were looking for, but what I’ll say is this. Find the right agency (look for culture, ethics, growth opportunities, training, range of products), look at the leaders representing that agency in your city and see what their tangible successes are (these are the people who will be leading / helping you in the start at least), and figure out if you want to be a builder (building a team that sells) or a seller (make most of the sales on your own).
the book is ultimate gift same is the movie on netflix
😂 He really had to sneak in his movie review of “Napoleon”
🤣
Everybody with generational wealth screwed over business partners and a lot ppl that don't know they're being used. But that's the world we live in.
It don’t have to be that way. But y’all only listen to white adjacent people.
This person eats Chinese food and drinks soy milk for breakfast
You would have to know everybody with generational wealth to make such an absolute and ridiculous statement. Of course you don't, and it's nonsense.
@@ZukoTheShinigami you eat PBDs 🍆 for breakfast. Stfu.
Yeah I just watched the Rockefeller documentary. That was an eye opener.
I think PBD kinda schooled Vlad on this interview.. like he had to love it!
It’s called priorities
Interviewer: How long can you answer a question?
PBD: Yes
In Business.... When your comfortable; "Your" loosing. Its "Only" when your "Succeeding".... That you are "Truly Successful"; $$$ The Realist....Never the Hopeful!
Wdf are you on about. Stfu. By the way, it’s ‘you’re’ not ‘your’. Learn to spell.
It was 2006 or so, I was working for some mortgage company in the Valley and I was asked by somebody outside of the company if I wanted to come and check out this insurance company. I said sure. The company was named World Financial Group and one of the guest speakers was Patrick Bet David, along with a few others. Patrick was just going on and on about his life, going to Glendale HS, the military and etc. This caught my attention, since I had friends around his age that went to Glendale HS. Patrick began ranting that WFG will make your dreams come true, yada yada yada. I was asked if I was interested by one of the recruiters and the company seemed a bit sketchy and I said let me do some research and I'll get back.
So, the next day at my work, I asked my friend who was a AVP and went to Glendale High if he knew this guy. I was like, "Dude, do you go to HS with Patrick..." and he was "Bet David?" I was like "Yeah, you know him, he was like "Yeah" what about him. I was like "do you know he works for this company WFG... what can you tell me about the company and him?..." He was like "Well, I don't know much about the company but Patrick was a DIRTBAG" and begins to laugh. He says the guy was conning people even in HS and went off to the military and got jacked. He basically said, whatever he is trying to sell, do not follow him. Everybody knew Patrick was bad news.
I did my own research on WFG and sure enough it was a giant MLM. He seems to have taken that companies policies and created his own business model. In theory, what these companies do is, they tell you, that your first ten sales or so go to the company itself, however, if you bring in more and more people, i.e. recruit and let them work under you, you have a team and you get a cut of their sales as well! He and whatever he is selling a whole lot of BS.
There is a reason why so many people now call his company a MLM and see him as a grifter and swindler.
Patrick talks about how the Military was the best thing for him and he didn't really start growing/learning until he read his first book at 21 - I wouldn't judge someone based on what they did/said in high school as much as what they did or said in middle school...
Wow that’s crazy. Been hearing a lot about Pat lately. When you see him on TH-cam he seems like the coolest guy you would ever want to meet.
Yea this was a big thing going on a few years ago with him. But his not stupid he sold his company so his name wouldn’t be involved in the mix since his doing media now
He does come off as a really cool guy. I went to one of his meetings at php. He speaks really well. As he was speaking I noticed in his white shirt pocket he had a $100 dollar bill. That's a pimp move. He shows you things in life you want to attain and if you work with him, you can get it. But he is going to get his pimp cut from everyone "working " for him. Can't knock the hustle, pimping ain't easy but somebody gotta do it.
I’ve heard of people that done business with him, but than I met him. People just talk, never judge someone based off other peoples judgement
And the ultra wise plan for eternity, which neither one of them talked about
GEM 💎
Ha! Ive seen that movie based on the book he is talking about. It's pretty good. One of those "lifetime/hallmark"-esque type of things though
He does not SCAM! He worked for a 💩 insurance company called WFG and decided he wanted a better company and then created PHP. Insurance isn’t a SCAM. It’s the losers and didn’t make it associates that didn’t amount to much that claim scam.
Insurance is gray market.. it's not a hard-core scam.. but its definitely scammy 😂😂😂
What’s the difference between WFG and PHP? Show us data bc your argument is weak and you are more than likely associated with his company.
Translation: he started a mim business found a couple of dummies sold them a bullshit dream and a little bit of luck 20+ yrs later worth a couple hundred million dollars
Think about all those idiots who paid $199 and quit. Patrick scammed them. That’s how he made his millions not bc his insurance company is helping that many ppl. Lol
🐐 goat
Sold his company before the lawsuits came flooding in!!
He hasn’t sold yet.. he’s lying. Google PHP and who’s running it still:
Sequencing.
Whats the book?
oh brother
Pat a G
💯💯
What’s the movie he’s talking about?
What’s the book called?
PBD never gets to the damm point
LOL it's called an attention span
@@ghstletter5978listen to the whole thing. He don’t say shit
He rambles and goes on a million tangents like get to the point.
What's the name of the book
What’s the movie he’s referring to?
So basically what Vlad is saying is that he planned to get pistol whipped by Rick Ross, and then use the money he got from the resulting lawsuit to start vlad tv? LOL I can't with these two guys man 😂
Ding ding ding. Crazy how people don’t put the Sequence together when assessing Vlad’s come up
😂😂😂 yeah he knew bootlegging cds was short term the real money is getting beat up for it now that's how you make it 😂
Glad you mentioned this a lot of people don’t know that’s how he started
Vlad snitch on Rick Ross? I thought he was about the streets?
Always wondered how this stuffy nosed dude did so well.
Pants or socks first in the morning, sequencing.
whats movie name again ?
What’s the movie called?
Everyone saying scamming . But not one saying how he scammed hmmm…
EXACTLY 💯
Bro, he charges the most joining fee to start up at his MLM.. most are free to join or $100. Patrick is charging $199. He’s scamming ppl and over charging them to join and that’s just to join then there’s other fees.. he works his recruiting like a gym membership. Don’t believe him he’s a scammer
So make a budget?
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller
she's mostly on Telegrams, using the user name
MILLER599 💯.. that's it
vlads*****
Scammers... I'm sure you guys from Nigeria
He meant priority? I don’t know what he meant from sequencing?
What's the name of the movie
Ok show me your tax filings for 2022 season
What movie is he referring to in this interview?
Vlad 2000 the return of the bearded Jew
The comments on this video tells me a lot about those people posting it
Call me selfish but I ain't gonna worry about securing my 7th generation families financial security😂
What was the name of the book? 😬
5:05 its amazing how he can talk and say nothing at the same time; "sequencing" common that means nothing but it sounds profound
Bro, you like the 1,000,000,000 who says that about him:
@@TheWholeDamnShow007 1,000,000,000.0001; So is it even possible for him to have made that much money via insurance? I guess ed mylett would be the guy to compare him to but I just don't think those type of earnings are possible. Wish there was a an insurance guy that would be willing to expose it on coffeezilla or something. This guy is now a major influencer but I think there must be some govt money involved
how:
MLM lol
"Sequencing"
Maybe it's me but i learned nothing about how to gain generational wealth in this video lol. Easiest way is get a 401k and life insurance if you can't get out of the trenches and you won't your people to be well off.
Yea that might work to get wealthy but then you don’t really enjoy your life your constantly working and then everyone has a plan until life changes everything example Kobe all that money and time he had after retiring he never enjoyed like the way he had planned why cause just like you have plans life also has plans. I think you should plan ahead and make money but don’t be to greedy and keep wanting more enjoy it while you have time
You see how Vlad is quiet. With these rappers he basically dominates the interview. Not with men like this.
Bc supposedly he’s worth 300m.. so he acts like a king so ppl treat him like one.. it’s not true he’s not worth 300m he just acts like it..
What’s the name of the movie? Can somebody tell me I appreciate it.
I keep thinking it's Brewster's Millions but I'm not sure
@@socdy600 thank you I appreciate it
@@angelaortiz3406the movie is called The Ultimate Gift
He won his bet against David.
Ok I'm confused, do you mean sequencing 😅
His business mind is Serious he knows his stuff. I just H A T E his views on the African American Struggle. I will start watching him more though due to this Vlad TV interview. he is mad Transparent and giving out gems.
He makes great educational videos…but the insurance company he built is a MLM (multi-level marketing). It’s a fancy word for pyramid scheme.
Bro; he gotcha you with his “ FREE” education videos in business.. remember when it’s FREE you’re the product..
So.... how exactly did he build his generational wealth?
He never says bc he hasn’t.. he’s been lying about selling his company for 300m he hasn’t sold his company..
What is the name of the book??
The Ultimate Gift by Jim Stovall
@@MedusahGoddess thanks!
Pat’s sequencing book is Your Next 5 moves or something close to that…good book
Alll the kings of Egypt tried to take all the gold and riches when they died.. money dont mean a thing time is the most valuable thing in life.
He is a pimp on a higher level.
Hahahah true
yo
I’d like to answer the question Alex trebek I’m going to say scamming ✅
Alex: that’s correct ✅
Fliped that arab money 💰🤑