From $49k In Debt To $500M+ Net Worth (Patrick Bet David)

can you break down the business model of PHP are you familiar with how multi-level marketing works that's Patrick Bet Davis you've probably seen some of his videos on YouTube but do you really know his story and how he's made his million insurance is very hard like what you're doing it's not hard work today Patrick unpacks his journey from escaping War zones it's just terrible man one time we got bombed 167 times a day pursuing the American dream of Entrepreneurship I love America I love capitalism I'm just going to get louder to selling his company for nine figures can you give us a ballpark of how much you sold PHP for shy up $300 million what was it like selling for hundreds of millions of dollars incredible how' you enjoy the money get a 200 foot yacht and we go to Monaco and we're going to live on the Yacht for 2 months what would you say your net worth is with all the stuff Equity everything I think I'm close to it that's a lot of of money capital's on work for the people that don't know you can you share like in 30 seconds your story yeah born and raised in Iran lived there 10 years we escaped 6 weeks afteri died went to Germany lived at a refugee camp there for 2 years 18 months came to the states November 28th 1990 went to the Army was in the Army for 2 and a half years H first Airborne aerosol got out I went to school wanted to be a bodybuilder I was going to go be Mr Olympia and then I met a girl in N Venice Beach she and I started dating she was working on Morgan Stanley Dean Witter I'm like you always got nice cards you drive when you pick me up so while I work at Morgan Stanley dewood I'm an investment adviser I'm a financial adviser I start with Morgan Stanley Deanwood a day before 911 series 766 all the stock bonds all all the things you could sell then I left Morgan I went to Trans America World Financial I'm there for 7 and a half years and then after that October of 9th I started my own insurance company I sold the company a year and a half ago almost two years ago and then accidentally started a YouTube channel called value tment turned into a podcast turned into a consulting firm turn into product development business and how we do a bunch of different things through uh line holding vitam and all of that can can you share can you paint a little picture of your childhood share a little bit more about that cuz I I think I heard you speaking German I you're in a refugee camp but you said it was good parents got parents got divorced and married marri to each other twice when a half a million people died in Iran I'm living in capital tan the war is going on between Iran Saddam Hussein I'm a revolution baby was just terrible man we getting one time we got bombed 167 times 165 times in a day eventually my mom's like listen we got to take your son out here out of Iran because he's 10 years old the moment he's 12 he can't leave because he's going to have to serve the U Iranian military my that's a good idea we left and you went to a refugee camp in ger what's a refugee camp like dude I mean it's it's you're around other people that are trying to skipe Communism socialism dictatorship a bunch of guys that are trying to come to America and we all have that in common it's a dream to one day leave their Homeland that they love to come somewhere that they can be free of their religion of the amount of money they want to make of the strong opinions they may want to have of the fact that they can sit there and assemble and give their thoughts their ideas fight compete do all that stuff that's what we're escaping from why did your family decide to move we never had plans of living in Germany even though we had family in Germany man there's there was no no opportunity there Germany was like the pit stop to us how was it for your family when you got to us dream first we landed at New York the airport I'm looking for Rocky I'm looking for Goonies I'm looking for literally and you come to La I'm living in Granada Hills and you're like okay well we're finally here let's make it work you'd watch TV and you watch the news and you see how open they are there there's a business model to trashing presidents and everybody's like oh my God you can talk like this year yeah it's actually a business model to to Media Free Press we're not used to Free Press in Iran are you kid Free Press you're going to get killed there is no Free Press so all these unique little things that you're trying to adjust to and saying this is kind of weird right it one makes you realize wow this actually exists what are my real dreams can I really build a life like that so I was the kid that was a dreamer but skeptical it's not going to happen to me so I needed my belief system to come up I need somebody to believe in me but I was a dreamer always one day what if one day what if one day how do you think all that turmoil impacted you long term or helped you as an entrepreneur having you're in Iran and you have to change to Germany and they have come to America start all over anytime you're trying to do something big with your life you have to know if you can truly handle if you're mentally and emotionally tough sometimes in life we want everything to be easy but you need a little bit of the chaos and Madness and craziness because that either toughens you up or guess what you realize you're not meant to do something really big and with a lot of pressure to it and then it kind of stays here and you either use that as a field to do something with it or you don't I eventually ended up using it how was it for you guys when you were in America did you guys feel poor very poor my dad was a cashier at a 99 cent store in Englewood California right next to Great Western form we were welfare babies we had nothing going on but you know we're just happy to be in America what was high school like for you I loved it never missed a day school never I had a 1.8 GPA but I never missed a d School 1.8 I had a one point in GP in school I love math I love pre-calculus I love math analysis and I could car less about anything else anything else all I loved was numbers and math and people it seems like you you liked selling things you had Big Dreams but I'm kind of curious and surprised you went to the military at that point versus I think where you went after the military I was kind of surprised you didn't go there first military for me was an escape I was trying to get the hell out of glendle a lot of bad things were going on at the time so for me it was kind of like to just get away from everybody one night I'm at my sister's house and I'm at the apartment I'm in the jacuzzi with a bunch of my friends we partying we're being very loud we finish up at 4: 5:00 in the morning next day she's about to get evicted and I'm upstairs I sleep in I got to go to my job Burger King in glendel California off of central I go downstairs to get my car and my car that my mom left me behind Chevy Toyota Corolla silver one 1983 was stolen and I call my dad in a moment I'm sitting the balcony I said Dad I'm joining the Army says what do you mean I says come pick me up take me to glendel we go to glendel I talk to Asus G I said if you can get me in the Army tomorrow I'm in he said it's going to take three months after a bunch of calls two weeks later I was in South Carolina Fort Jackson boom calling my mom who was in Iran saying mom I got 30 seconds love you but I'm in the US Army what I got to let you go click never look back best decision I made joining the Army I wouldn't be where I'm at right now if I don't join the Army what was the experience like it was great because I was forced to make friends with people from all walks of life who have never met a middle eastern before it got me to learn how to talk to different people from different walks of life but you really learn about teamwork camarad having fun fighting for each other it's a lot of great experiences I'm wondering for people who aren't immigrants necessarily or didn't join the military but they want to learn some of these different lessons like what would you recommend them to do go in an environment in a startup environment with a guy that's being R by an operator that's a maniacal guy that's hypomanic that's not going to slow down and see what it is like to survive in a startup environment for the first three five years and after five years if you can make it there dude good for you respect everybody wants to be part of a or I'd love to be part of a startup working with Elon Musk oh really yeah yeah okay great you think is like working with an Elon Musk the guy buys Twitter he buys turns it into X day one 7500 employees day two he fires 3750 day three 1,50 people quit day four he's left with 2250 and you want to work with that guy yeah but he I bet it's such a great experience I bet playing with Michael Jordan was such a dream go watch the last stands if you're lucky enough to work in that kind of an En environment for 5 to 10 years you're you're a human specimen what you're going to be able to do and what you're going to be able to take from people you're bulletproof but regardless your market value increases if you can be in a place like that so if you don't want to do military go in an environment where it's high octane High intense nonstop see how you react so when you left the military there there's some things I'm excited to get to the PHP and some of the things you've been been up to these years but what were those years like before PHP and what did you learn through them like I think you worked at a at a gym then you worked at a Morgan stanle B was awesome we had the smallest Club in America I think well we won the Triple Crown Triple Crown is membership sales personal training sales and supplements we killed everybody with a small club because we had such a United team and so from there they took me out and they put me in uh Hollywood which was the biggest Club in El Centro and then from there they sent me to chadsworth I got a promotion and we took it from 42% of the goal to 118% 115% the goal and that's when my moment came and I said I think I'm going to be a general man of a club one day and I'm eventually going to be a supervisor making $2 $300,000 a year and my boss Robbie came in I said what do I need to do to be the weekend assistant manager of Hollywood CU I want to go back to that pays $55,000 you're just pays 40 I won that job he says if you beat Edwin Gera you have that job Edwin's at a big club I'm at a small Club I end up beating Edwin G at a smaller Club I was number eight he was number 10 I beat him you told me if I beat him I get I get El Centra weekend assistant he says I no but we had to give it to Edwin I said why is that tenure so you didn't think I was going to beat him did you you didn't think I was going to beat him I said well you told me that's my job so I can't give it to you I said I quit I can't do that bro my dad taught me that you know keep your W you ain't keeping your W with me I can't trust you I got to move on and I left lost everything I in that $49,000 a year later yeah a year later I call Robbie begging for a job he gives me the worst position in the world I'm working at Hollywood opening The Club at 4:00 in the morning till noon who do you buys gym memberships from 4 to noon nobody in no one ever goes buying a membership everybody buys a gym membership after 6 that morning made me realize how bad I don't want to be there 5 months later quit my job went in uh Financial Services with World Financial working 800 hours a week literally 7 days a week I work seven days a week for God knows how many years 10 15 years and then all of a sudden crazy things started happening first time of my life I made 8,495 in a month May of 2004 I go show my dad I said Dad I just made $8,495 how I said selling insurance that was the last day my dad ever reached in his pocket to pay for anything that he ever went out with me what was your Peak salary or money you were making when you had the job at at is it Trans America or World Finance Trans America World Financial Group is a part part of what was your top like yearly C with that shy of half a million I'm making probably 450 430 a year and so you transitioned into that because you saw that there was more money from that doing the financials versus working at the gyms and when you quit back I knew I was going to do sales and I wanted to be somewhere where I was appreciated so you're making half a million dollars life is good and then one day you're like hey they're not taking me seriously yeah I'm done because I went to Atlanta to meet with them on all their lawyers and I told them I said I'm here because of one of four things going to happen today I'm I going to stay here and be the COO of the company number two I'm going to sell my business and walk away I'm going to linger around and find something else to do or I'm going to leave and start my own company and be direct competitor but I'm going to make that decision at the end of this meeting and they said you'll never never leave I said I'll never leave says no everybody that comes to the room like this comes to us they want money from us and we always give them money and then they stay you're not going anywhere you have too good of a job and I say you need to tell me to Vision the company CU if you don't have a vision I don't think you have a vision with the I think you're lost because you're so wealthy and you have money now you just want to play golf and kick it and relax I don't think you when you want to te it up the guy would I trusted respected about the fact that 30 minutes later he flat out told me you're right I don't know what I want to do with the company I said I can't be in a company can you break down the business model of PHP it's a high volume recruiting model so I took what I learned from Bal so Bal to me was a very scripted environment everything was scripted so I realize in every product you ever sell you need an FAQ so I created an FAQ for term for perm for annuity for the opportunity for investors for everybody once you know the FAQs you just have to know the FAQs and then I worked at World Financial World Financial taught me the concept of high volume recruiting if I'm looking to build a business to sell if I'm a personal pror producer and I make $3 million a year no one's going to buy my business cuz they have to buy me and I don't want to sell for the rest of my life I saw a massive niche of nobody was targeting Middle America Hispanics African-Americans we became 54% Hispanic while America's only 24% we became 24% African-American while America's only 133% and then we became you know 51% Millennial 34 years old young and the insurance industry isn't that and that's not the case and I said let's Roll High volume recruiting high volume recruiting and then we created the the licensing the bonuses the tiers that we would pay bonuses on and then all of a sudden we moved people from California to Texas to Chicago to Florida and then once I had guys spread across the country then we started recruiting this way and then we eventually ended up being in all states so taking a step back on this on PHP business model sounds like half the business is in the recruiting kind of an MLM of sort network marketing model and half is in actual profit from selling the insurances am I understanding that correct no nobody makes money from recruiting so for example are you familiar with how multi-level marketing works I'm trying to understand it because I think that's sometimes what people have said about okay so when you think about multi-level marketing who do you think about what companies do you think aboutway okay and we is A1 billion company so in MLM there is unil level there is bin binary there is Matrix okay if you want to I don't know if you're interested no I don't know if I want to do the whole thing just high level yeah so in un level companies that last long term nobody can get paid money from recruiting you have to make money that's a pyramid scheme so what Ponzi scheme was about I'll give you $250 you keep $100 of it but then you go get three people that you get $250 you get $100 but I get 50 and if they go get that's a Ponzi skin but the the business model part I'm still trying to understand cuz you said it's no one makes money from the licensing or the selling so which no one makes money from recruiting you only make money I don't make money if I recruit you I only make money if I recruit you and get you licensed and get you to sell so I can override you or if I sell you a product but just recruiting you I don't make any money what was your first year sales of PHP and then what were the the last $2 million so in 2009 did 2 million what did you end up in 2022 little over 100 million 120 million it's a good siiz business but insurance is very hard like what you're doing is not hard work it's work but you're smart you're wise I I I had to learn how to do that insurance is very hard that that's why I was curious the pitch I was just kind of curious how you sell insurance like cuz I'm having I have a wife and we're about to have a kid and I'm like I think I might need insurance so I'm curious I feel like you have a solid pitch about a wife but but but an insurance for you okay the average person is making 80 grand a year homem maker bread winner you need a quar million dollar life insurance policy to half a million dollar life insurance policy you're buying that CU God forbid if something happens to you what's your wife going to do taking care of the two kids we had a guy named hopo who's our manager at El El Torito in enino we go to him 38 year old guy with three kids wife didn't speak English guy's making $65,000 at Al Torito $70,000 at Al Torito we sit down and we talk to him my guy named Tony says hey aopo you need insurance what happens to your wife if you don't have any insurance the guy says I know what you're doing you're trying to pin my wife against me next week he dies he was 38 years old with three kids and wife didn't speak English what the hell is his wife going to be doing he could have bought a quar million dollar policy for $40 a month she would have $250 she had to go marry any guy just because he could pay the bills any guy can you imagine he's watching down from heaven and saying babe how could you marry a guy like that well babe you didn't buy life insurance policy I was forced to marry Julio that's what happens with insurance it's not for you it's for the 90% of America that desperately needs it you're worth money though so you don't really need insurance except for taxes so for a guy like you you're only buying insurance so your kids and your wife doesn't have to pay the taxes when you die you're not buying Insurance to protect money like a guy like you goes to the insurance agent and gets as much insurance as you can cuz it's nothing to you it's so cheap literally you not how much money it is for you like right now if you were to say how much is a $10 million insurance policy 42 years old 10 million are you a smoker no you drink alcohol yeah you drink a lot or not a lot one or two a day okay so I'm going to put your in come at 2 million a year let's just say you haven't told me this I'm just putting it up there household retirement whatever household debt whatever you're probably going to be getting a$1 million policy for th000 bucks a month what's $112,000 a year to you nothing if something happens to you they have to pay taxes that 10 million goes to the wife to pay for the taxes you're not buying it because your wife needs your life insurance policy can you give us a ballpark of how much you sold PHP for oh yeah I'll uh uh shy up $300 million by the time the whole thing is over with with our earnout and everything that we're doing it's going to end up being more than $300 million what was it like selling for hundreds of millions of dollars incredible we were at Monaco when we found out the money is being wired to Goldman Sachs my wife and I are having breakfast The Way We Cried during that breakfast was priceless because we've made money but we've never had multi- figure type of money that's when you kind of sitting there and saying hey family was really calling now they're really going to be calling you're going to find out you had you never knew about right but it was a moment where 6 months of me being on the road her doing payroll a day after we had a baby and she's sitting at the hospital while the baby sitting there she's doing payroll for everybody you go through those types of you you you go to those days and you realize how much we sacrifice how much we almost lost it all and the fears the anxieties the insecurities a husband and wife sees each other in that nobody else knows that Bond you can't describe so that was the most unique moment we had when when we're sitting across from each other saying hey it's official yeah great feeling how did you uh how did you treat yourself how didd you enjoy the money it's funny saying this I I keep telling everybody I'm like babe when we sell it I'm telling you right now babe I'm going to get a 200 foot yacht and we go to Monaco and we're going to live on the Yacht for two months we're just going to relax and all this other stuff anyways it happened we came back to work and of course we said celebrated we did a lot of different things for ourselves for our families Investments different opportunities Yankees ownership places we've gone with the kids our Christmas has become incredible the stuff that we're doing when we're creating Traditions with the family but we already had a great life I already was living in a $30 million home driving a million dollar Ferrari had bunch of nice clothes we go to the nicest restaurants we've been all over the world 40 plus countries it wasn't like dramatically was going to change this was now about really asking yourself you really think you're a big thinker let's see what you're going to do now cuz you don't have to work anymore let's see Mr pbd if you're a big thinker oh we're going to really learn about you now and that was the best exercise for us can you tell me more about buying the stin in the can you tell me more about buying the stin stin why am I get stin stank the stank in the Yankees the stank in the Yankees the Stak in the Yankees yeah I mean I'm I'm a big baseball card guy I love baseball I'm like the kid who when I have a baseball card I just I'm in a whole different place and I always was a fan of Mickey mano's 1952 Tops rookie card I made a an offer for $19 million to PSA 10 the guy turned me down he knows who he is and then I said okay let me see what's going to happen I got a call from a guy who knew I wanted to be a minority owner for sports team because longterm I'd like to be a majority owner I think I'd make a very good owner of a team he says hey I got some teams that there's some spots on said give me the names he gives it to me I said no I'm not interested he said who are you interested in said really it's only three teams I'm interested in he said give me the names Yankees Lakers Dodgers that's really in so maybe I would entertain Raiders and they call me back for Raiders I'm like I'm good then he calls me back a year later 6 months later he says a guy who was on the board of the Yankees is selling what do you want to do I said what is it he said well you got to go through an MLB background check all this stuff 15 months it took for me to go through the background check there's a Yankees background check there's an MLB background check eventually Yankees two weeks before the announcement they asked me to fly out to New York for me to interview see guys I'm very loud I talk a lot about politics I love America I love capitalism I'm just going to get louder so one want you to know this you can't call me tell me to be quiet I'm very loud and they're like as long as you don't tell us who to trade for who do do this and you realize he's the boss we're going to be fine I said then that's it and then we agreed we shook hands great conversation they took us to the Stein burner sweet the owner sweet incredible Yankees you know history giving us private tour on the field everything and obviously now you know it's it's a great experience because we'll go we go to Hampton's get in the helicopter go to Yankees game watch the game come back I mean it's a dream it's it's one of those things that you know it's truly a dream do you fly only private now I only fly private now what kind of plane do you have oh I don't I don't have a plane yet I haven't bought a plane because we're looking at buying a property that has a hanger where we can put the plane there but I don't want to buy the plane I want to buy the property first with a hanger God willing and then we put it there now I don't have a I have a guy I use and he books me typically with these three planes that I use and I Char her all the time how much do you think you spent a year on planes couple million awesome I told my wife I was like baby 50 like I that's all I want to fly as PR like I got we were in line security yesterday was 30 minutes I was like I'm going to work harder not harder just to work harder but it's like what a luxury of life to be able to afford that be able to take other people yeah do those things what was the best advice you ever received now that you're worth nine figures in life it's a different story than it is to be nine figures nine figures was truly reading Blue Ocean strategy I'm telling you when I read Blue Ocean strategy it was powerful because it made me realize cuz this one guy was saying we're going to be a holistic model we're going to sell everything under the sun and blue ocean says that's the worst way to do it pick and choose your Niche instead of being in a red ocean choose a blue ocean stop trying to directly compete with everybody compete like this don't compete like this once I figured that part out I said game we're good my confidence went up and I said I can pull this off I think I can pull this off and then it was just going then I saw our blue ocean was the right one and then it was game over and then I combined content creation and I never once sold Insurance to anybody from value tment never once but the moment value tment became something I was creating content on a side and then accidentally we took off and then all of a sudden we got a million subscribers you know whatever the people show up life of an entrepreneur goes viral interviews come up Podcast comes up then that part's growing then everybody's like what so these two are the same thing they are wow man I love your stuff great so that those are your values and principles yeah that's how you build this company and yeah I'd have to be part of a company like that natural organically it was taking place so that was that was probably one of the biggest thing for me was the Blue Ocean strategy and today you have eight businesses can you break down these eight businesses in the revenue that you're at yeah so insurance is the ninth one okay but let's set that aside because I got a couple more months left for earnout I'm still a full-time Co to that company by the way till today then you got bed Consulting B div consultant will be a unicorn probably within 18 to 24 months eight years ago when I was doing uh content we got like 100,000 subscribers or whatever it is 2016 say we got 100,000 Subs 200,000 Subs Mario one day calls me says Pat some guy's calling says he wants to hire you at his a consultant he's asking me what your hourly rates are I said I don't do no Consulting he I don't know what to tell said just make up a number and see what he tells you Mari goes by I'm like I'm running an insurance company I don't even know how to take a payment from you goes up to the guy he says $55,000 he comes back he said Pat he booked three hours I said you're kidding me no I said what does he want to do with me me he just got questions for you is he in the insurance industry not at all what does he do Transportation you're kidding me no now I don't even know if I can help you you understand what I'm saying like I'm like walking and saying why the hell you paid me $115,000 spend three hours with you but let's see what happens here we start the conversation by the time it's done I'm like I'm going to change your life I just made you a lot of money we took that business from 8 million a year to 60 million a year that guy's going to be a billion company within the next 3 to 5 years next guy comes in and then he kept coming back and the next guy comes I'm like guys I can't do that 5,000 anymore so then I went to 15,000 then I went to 40,000 then they started booking me for speaking we'll give you $100,000 I said it's not worth a lot of money to me $100,000 we'll pay $200,000 now it's 250 half a million and a million International and people cut the check and I only do four per year I don't even want to do them because my entire life today is built around a three mile radius of where you're sitting at right now so B David Consulting we do engagements for 4,000 businesses worldwide from 60 countries that's B Consulting then you have man all integrated businesses guy lawyer 7 Minute call bills me for 30 minutes I said what do you charge by the minute he says no lawyer charges by the minute I said one day I'm going to launch a company called Manet do you have a minute to connect let's Manet now there's the app very simple man is you know growing doing its thing I can choose to pay you to respond back in an audio I can choose to to get a respond back in video or I can have a 50-minute call with you the talent gets paid 80% Manet keeps 20% beautiful so that's the second one third is the pbd podcast that's turned into business it's generating God knows how much money right now AdSense sponsorship it's just driving traffic so that's pbd podcast then you have the merch company that we have with the gear that we're selling we want a million people this year we're in future looks bright gear it's our special future looks bright gear a hat or shirt we want every everybody to be optimistic everywhere they go and confuse the hell out of everybody because everybody is there's so much fear porn being sold we want that then we got the cigar business we got the comedy club and we got a couple other ancillary businesses but it's nine businesses we also have value tment Investment Group where people if they want to raise money you'll come to us hey I'd like to raise $10 million no problem if we come to you to be one of the co-investors we're always in ourselves with our own money we have a pool of accredit investors that if they want to be part of the list they send the email to the it Investment Group you're to the list every time we have a new investment we'll send the email you're interested what are you in I'll give quar a million I give 100,000 so yeah so those are some these are things that people don't know about it's a lot what would you say your net worth is with all the stuff Equity everything like halfon yeah I think I'm close to half a billion it could accelerate very quickly depending on a couple big moves if one of these things spreads that thing can go fairly quickly but I would say right now it's out a half a billion that's a lot of money that's a lot of capitalism works capitalism works it does and I love that about America America is the greatest country in the world I fully agree with that I was curious any poor performing assets you've had or bad investment experiences you know how much money I lost with penny stocks wasted my time with like not selling penny stocks so I'm the guy that was buying penny stocks that something could happen to them I have I bought a clothing brand that I wasted my money and time thinking I was going to get it to be the next you know Burberry or the next whatever now finally I'm like specialize specialize specialize the more I specialize the more I wanton the more I generalized the more distract that I got and more brain headaches unnecessary stress specialize specialize specialize how how do you get khabib and how much did you pay for like khabib and Tom br oh so let me give you that breakdown with the with the speakers yeah cuz you have these guys that I like you have kabib on stage and I'm like I never see kib in yeah no kabib doesn't do anything well kib's manager is a good friend so that's kind of unfair because Ali and and and they follow the content so it's not like funny story with kabib I invite khabib to come speak at our PHP conference yeah I saw it so while I'm there interviewing him they're thinking PHP hired me to interview him they have no clue I own the company so they say to me in the back what did they pay you to interview me he says cuz I wanted to I'm only doing this cuz you're interviewing me I said bro I own the company so if you think about some of the guys that we've interviewed that we brought to events we paid them it's not those like seven figures what you have to pay for no no Brady Brady somebody paid him 3.2 million we didn't but we paid him a good change but we didn't pay him seven figures but we had Kobe Kobe was a epic interview that we did the late Kobe Bryant a Shaq after our three four year Feud and he blocked me he was upset that was a fun one but anything we do with podcast we don't pay only when we do on stage because we're selling tickets podcast we don't K one was legendary but it's interesting cuz I saw I was interviewed one he has so many he has amazing morals I just love him as a man like khabib I just feel like he's just like he doesn't shake women's hands have respect for his religion my wife comes up he just stands like this does yeah yeah the guy's the guy's a stut up really yeah when you had khib and Brady on stage at your conferences what did you learn from them what do you still take away to this day Brady is I don't know why you know he he he plays like a psycho competitor but an interview he's diplomatic as much as I enjoy talking to kabib on stage I enjoyed it 10 times more behind stage such a great conversation him another guy named Rez Ali and by the way Muslims I'm a Christian religion wise we're we had the best conversation together you can tell a lot by man on how much pride he has and how much he defends his father he's uh he's my kind of guy he's a stud where'd you just go right there the video of when he is trying to pick up his dad and he can't pick up his dad and I don't know if you've seen it or not guys like I can never pick this man up you know and and you go back when khabib was a kid and he's wrestling with a bear and his dad is he says brother I grew up in the mountains I grew up wrestling Bears you think I'm worried about what you're going to do to me here I'm going to crush you I'm going to I mean you just listen to him the way he is and fatherson relationship to me is a beautiful thing I think too many fathers in America missed the mark since and Lyndon Johnson came up with his policy that destroyed the family nucleus in 1965 totally destroyed you know 4% of kids in America used to be born to single parent household in 1960 you know what that number is today no idea 40% 40% of kids are born today to a single parent how how terrible policies Lyon Johnson came with this welfare program giving entitle programs to everybody we went from 4% to 40% of fathers devalued who cares about fathers in a household who cares about this yeah we need we need strong men that raise great kids lowers taxes lowers crime safer Community better future citizens unemployment goes lower a a a strong father is we need we need a lot of strong fathers yeah so khabib's father look who he raised badass what regrets do you have what do you have regrets from working too much you have regrets from not making more money let me tell you about the regret thing you just had working too much my dad works 6 days a week and he would leave 5:00 in the morning and he would come home at 9: so we' never see him except for once a week and I said dad let me ask you a question when I was in Germany I had a refugee camp you didn't see me for a year and a half when you were in Iran I only saw you once a week so if I lived there for 10 years 52 * 10 you only saw me 520 days out of 3,650 days days and when I lived here you and Mom got a divorce I only saw you two days a month so two days a month over 6 years it's not a lot 24 days 144 days a year do you ever sit there and say man I didn't spend enough time with my son does that ever eat you up and bother you I'm asking for myself his answer so powerful he says zero regrets I said dad you can't say that you mean to tell me you wouldn't have rather spend time with me than doing what you were doing working 5 to9 or whatever you were doing is a zero regret said then how could you say that he says my job as your father that God chose for me to do was to raise a leader so for the rest of our lives when you're a leader we can become best friends are we not best friends today I said we are he says that's my job kid my dad's a g and he he he wanted to raise a leader and you got to give him props so now I got I got to do the same thing because he's only going to be known as a great father if I raise good kids because a great father you judge a great father based on his grandkids not based on his kids if you have great grandkids that means you duplicated good leaders and that takes 60 years to realize that takes a while you may not even ever see it by the way I hope so yeah I hope so me too what are we going to say out of you in the next 20 years I know it's something you're curious about Kobe I'm curious for Patrick about David you know I'm going on a 40-year run in my mind it's so clear what's going to happen I'm not Nostradamus I know everything what's going to happen but in my mind there's only one person that can fire me and that's the man upstairs if God keeps me healthy I'm going 40 years I don't like what they're doing to America I don't like what they're doing to kids confusing them I don't like what they're doing to parents I don't like how they're pinning us against each other I'm not a fan of that and some people are using their billions to divide manipulate and Destroy America and I think we need some people that are not afraid who can communicate and they're comfortable and bullying the bully they can stand up to guys that are intimidating and it's it's a shame if you don't use that fire that you have in your belly to do something about it because this country gave me an incredible life a life every day I wake up it's like a movie to me this doesn't make any sense to me and I'm going to sit there and do what just take from what America gave whether you read the Kennedy family Legacy or the Bush family Legacy you'll see one thing they have in common go make enough money to take care of your family to take care of your kids to take care of your wife retire all of them turn them into leaders and eventually have to figure out a way to give money give time back to Public Service public service you get to do through politics Church or nonprofit pick and choose how you want to do it this country is a too special of a country for us to not give back to if we just come and take and we don't give back it's a bit selfish so 40 years it's if if we do what we do well it's going to be a very good movie what what things can you share a few of those things that you're excited media movies Consulting influence politically counsel I'm not going to be involved in politics I'm not born here so I I can't run for president but you any other influential way we're going to defend the values and principles that brought us to America and will'll be one of the most powerful voices to do that the next 10 20 30 40 years America gets a black guy everybody wants to take a shot at America but go ahead and get her America and see what happens to everybody else why is everybody's becoming capitalist whose model are they duplicating after oh let me guess America okay so all the trash and that people want to talk about America be lucky that we have a proven concept that worked in change changed many people's lives not just in America but around the world so we we got we got some work to do and I'll never forget I was reading a book by coach of the New York Giants coach Coughlin he says my entire 40 Years of coaching I've tried to get my players to be motivated through money ah a little bit I try to get my coach to be motivated by starting whatever I try to get my coach by motivated of getting an MVP and all this stuff he says nothing gets us to fight and compete better than competing for for Pride what Pride do you have for your last name for your family for your heritage for your faith for your country khib isn't fighting for freaking $5 million he's fighting for his country he's fighting for what he believes in even though him and I don't believe in the same thing Faith wise you have to respect the guy and understand that this guy's a formidable opponent because there's Pride behind this fight money is whatever you're not going to give the go through the pain that another guy is willing to go through if you're doing it for money it's not enough Fame not enough big house not enough Pride you'll you'll tolerate pain for a long ass time until the other guy's given up it's a very different you know energy or what it tap to and the other guy will never understand it that's khabib that's Kobe that's Michael that's Brady that's you know certain people in politics and business and Sports in church it's very different and what what would your dad say today what does he my dad but if you come to my house right now and you talk to my dad my dad would say once Patrick knew his vision what he was going to do nobody was going to stop him the drive was always there awesome it's great seeing you my man this was great appreciate you sir you

Channel: Noah Kagan

Views: 90,498

Keywords: Patrick Bet David, pbd podcast, PBD Net Worth, millionaire interview, interview millionaires, success mindset, rags to riches, motivational business stories, business motivation, pbd, bet david, valuetainment, noah kagan, noah kagan interviews billionaire, noah kagan interview, million dollar weekend, net worth, high net worth, high networth individual, Rags to riches, debt to diamonds

Id: U3EaDKXvSY8

Length: 37min 14sec (2234 seconds)

Published: Fri May 03 2024