The Iced Coffee Hour

How Patrick Bet David Spends $400,000,000 | The Full Story

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Aug 15, 2022
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ANECDOTE

From Refugee To Insurance Founder

  • Patrick Bet-David escaped Iran as a child, lived in German refugee camps, then moved to the U.S. and built PHP Agency from 66 agents to 20,000 nationwide.
  • He made his initial money in insurance and financial services before expanding into media and consulting.
ADVICE

Use Recognition To Drive Sales Performance

  • Recognize and reward top performers to create competition and drive results in sales organizations.
  • Use recognition events and data-driven metrics to keep teams motivated and improving.
ADVICE

Build Daily Reading As Family Currency

  • Make reading a daily habit early: Bet-David requires his kids to read 20 pages daily from age six.
  • Use small consistent rituals to create long-term intellectual currency in a family.
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