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, the founder of Valuetainment and a bestselling author, shares his journey from immigrant to serial entrepreneur. He discusses practical strategies for rebuilding success from scratch and emphasizes the importance of analyzing past experiences for future growth. Patrick highlights the difference between 'Worthy' and 'Unworthy Enemies' as sources of motivation. He delves into the mental blocks hindering financial success and the significance of authentic relationships in business, all while encouraging listeners to stay true to their values.

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

Ways to Increase Market Value and Evergreen Skill Sets for Any Business

01:18

The Market Will Pay You What You're Worth

01:17

A Father's Defense 20 Years Later

01:53

Intro

4min

Rebuilding Connections and Cultivating Authenticity

18min

Convenient Nutrition: Meal Kits and Superfood Shakes for the Holidays

4min

Lessons of Growth and Resilience

22min

Understanding the Mental Blocks to Financial Success

4min

Leadership and Market Value

17min

Wellness Supplements and Business Growth Insights

3min

Harnessing Emotions for Success

7min

Book Recommendations and Innovative Networking App Discussion

2min

10.

Faith, Legacy, and Personal Values

4min

11.

Wrapping Up with Appreciation and Holiday Solutions

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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