The School of Greatness

The MONEY Expert: If I Was Broke Today, This Is EXACTLY What I’d Do | Patrick Bet-David

Dec 18, 2023

Patrick Bet-David, an immigrant from Iran, shares his journey to success, strategies for rebuilding from scratch, identifying 'Worthy Enemies', and insights on investments. Topics discussed include the importance of choosing the right circle, expressing opinions respectfully, promoting wealth without arrogance, active ETFs, leadership, and building relationships.

01:13:13

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Patrick Bet-David

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Quick takeaways

Respecting money and successful people is crucial for achieving financial success.

Effective leadership is essential for building wealth and creating high-performing teams.

Constantly recreating oneself through self-reflection, learning, and growth is key to achieving higher levels of success.

Deep dives

The Power of Gratitude and Giving Back

The podcast episode celebrates the 10-year anniversary of the School of Greatness podcast and expresses gratitude to the listeners. It announces a big giveaway of $500 a day for 10 days to members of the community. The episode emphasizes the importance of showing appreciation and giving back.

The Need for Emotional Logic in Business

01:21

What it takes to be a successful leader

00:34

A Father's Defense 20 Years Later

01:53

Struggling to Accept Generosity

00:20

Introduction

4min

Choosing the Right Circles and Learning from Others

18min

Expressing Opinions Respectfully

8min

Promoting Success and Wealth

18min

Active ETFs and the Mindset of Money

5min

The Importance of Leadership and Building Relationships

16min

First Form: Your Source for Health Supplements

5min

Competitors vs. Enemies: A Shift in Perspective

11min

Conclusion and Ads for Walmart and Discount Tire

2min

Patrick Bet-David immigrated to America at twelve years old, when his parents fled Iran as refugees during the Iranian Revolution. After high school, Patrick joined the U.S. military and served in the 101st Airborne before starting a business career in the financial services industry. At age 30, he founded PHP Agency, an insurance marketing organization with 66 agents. He grew the firm to 40,000 agents before making a multi-nine-figure exit.

A serial entrepreneur, Bet-David founded Valuetainment, which became the #1 YouTube channel on entrepreneurship with nearly a billion views, and expanded into a media, consulting, and production company. He hosts the PBD Podcast, the #1 business podcast on Spotify. He lives in South Florida with his wife and four children.

Buy his new book Choose Your Enemies Wisely: Business Planning for the Audacious Few

In this episode you will learn

Patrick’s journey to his first major financial milestone, including the story behind his first $1,000,000 and the pivotal decision that significantly contributed to his success.
How to effectively analyze the past year's experiences and data for a productive outlook, setting up a foundation for a successful 2024.
Patrick’s strategies for rebuilding success from scratch, offering practical advice and a step-by-step comeback plan for those starting anew.
The five 'Unworthy Enemies' that drain energy, and how identifying a 'Worthy Enemy' can be a source of motivation and vitality.
Insights on successful investment strategies, including his top five personal investment choices and the reasons behind their selection, as well as their outcomes.

For more information go to www.lewishowes.com/1547

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More SOG episodes we think you’ll love:

Rob Dial – https://link.chtbl.com/1516-pod

Dr Joe Dispenza – https://link.chtbl.com/1494-pod

Inky Johnson – https://link.chtbl.com/1483-pod

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