How I Turned $49k In Debt To $500 Million

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  • čas přidán 10. 06. 2024
  • Ever wonder how Patrick Bet David is worth $500 million?! He breaks it all down in our interview! Today, we're delving deep into the remarkable journey of Patrick Bet David. From chaotic childhood in a war zone to becoming a $500 Million dollar man!! Patrick reveals the secrets behind his early hustles, the epic $300 million sale of his insurance company, and his plans to make an even bigger impact in the next 20 years.
    💸 Need help starting a business?: milliondollarweekend.com/ 💸
    📚 Buy my book on Amazon: bit.ly/buy-million-dollar-weekend
    Timestamps:
    00:00 - Intro 😎
    00:49 - Patrick’s Story in 30 Seconds
    01:50 - Growing Up in a War Zone
    02:23 - Coming to America
    03:53 - Effects of a Traumatic Childhood
    04:31 - Poor in America
    05:04 - Lesson Learned in the Military
    07:47 - Beginning of Sales Career
    09:39 - Making $400K in Financial Services
    11:26 - PHP Business Model is NOT MLM
    18:02 - The RICH LIFE: Selling Business for $300M
    21:40 - 9 Figure Advice
    23:06 - Patrick’s Portfolio of 8 Businesses
    26:37 - $500,000,000 Net Worth 🤯
    27:02 - Bad Investments
    27:43 - Interviewing Khabib
    29:50 - Importance of Good Fathers
    31:24 - Does PBD Have Any Regrets?
    33:06 - Patrick’s NEXT Moves to Make More Money
    🔔 Subscribe: / @noahkagan
    ✉️ My Newsletter (I reply to emails): noahkagan.com
    📸 Connect on IG. I reply to DMs. / noahkagan

Komentáře • 697

  • @noahkagan
    @noahkagan  Před měsícem +21

    Want to start a business? My new book teaches you how to start a business in just 48 hours. Get the first chapter for free at www.milliondollarweekend.com

    • @roygerner9557
      @roygerner9557 Před měsícem

      can you please send me 540 $

    • @angelique935
      @angelique935 Před 27 dny +3

      You can't truly possess real sustenance, wealth, and wisdom without living according to the Holy Torah - the Tree of Life reality.
      Right, Noah?

    • @rasul407
      @rasul407 Před 26 dny +1

      Patrick is a good guy the interview of him with Reza Aslan made me smile and tear at the same time. It’s like a nephew and an uncle having a dinner and an argument Iranian style 😅God Bless you Pat. Salam!

    • @realitynotfictionii563
      @realitynotfictionii563 Před 5 dny +1

      PBD is a Billionaire!!! He offered Tuk 100m to join the pod. Love PBD

    • @thealbertascene6635
      @thealbertascene6635 Před 5 hodinami

      Noah what happened to the part at 13:18 min about Amway, why did it get cut out?

  • @JWC249
    @JWC249 Před měsícem +393

    13:36 - 14:15 This guy isn't even trying to hide that he made money scamming people. Part of me respects that honesty.

    • @chrislanejones
      @chrislanejones Před měsícem +8

      Yep, Patrick Bet the Pyramid Scheme Boy

    • @jett4894
      @jett4894 Před měsícem +9

      What is the scam??

    • @Gojimaru
      @Gojimaru Před měsícem

      @@jett4894 MLM marketing.

    • @Maudegr
      @Maudegr Před měsícem +8

      He literally said that's NOT how his business works lmao

    • @Gojimaru
      @Gojimaru Před měsícem +6

      @@Maudegr You believe everything someone says ?

  • @julienkabangu5436
    @julienkabangu5436 Před měsícem +32

    great conversation ! love your interviews Noah, keep it up !

  • @KrisGramlich
    @KrisGramlich Před měsícem +14

    great convo Noah. Really enjoyed this.

  • @abrahammanzo2455
    @abrahammanzo2455 Před měsícem +52

    Great interview. Love hearing about his childhood and about his ambition to continue to grow!

    • @noahkagan
      @noahkagan  Před měsícem +2

      The story is always in the journey!

  • @kenrod5321
    @kenrod5321 Před měsícem +14

    Very great interview with PBD 💯💯

  • @SeasonalParadise
    @SeasonalParadise Před měsícem +28

    Really loving these interviews Noah. Awesome people and you have just the right style to get them to open up and be super crazy interesting.

  • @cookingwithdad1970
    @cookingwithdad1970 Před měsícem +12

    I'm no expert but it seems like the immigrants are so much more willing to go and work to achieve the American Dream. I think it's because us born here kinda take it for granted and aren't so motivated. Entitlement I suppose. Or not realizing how good we have it. Or not realizing how bad it could be somewhere else. People coming here can see the opportunity we sometimes can't.

  • @johnhubler5905
    @johnhubler5905 Před měsícem +67

    I sincerely appreciate that you brought this man on, and allowed him to speak on matters of faith, and the things going on in the world right now. So many people shy away from these types of conversations for fear of being "cancelled". I also really appreciate that you let people talk. You ask questions... but then let them talk. Great stuff!

    • @felus711
      @felus711 Před měsícem

      You know PHP is an absolute con artist company
      The dudes a scumbag

    • @John_GGG
      @John_GGG Před 6 dny

      Oh, but he’s a man of God! /s
      Where have we heard this before?

  • @salalfda5433
    @salalfda5433 Před měsícem +23

    Bro , pat made all his money off the pyramid scheme was running . No one wants to talk about it lol

    • @delaslight
      @delaslight Před 2 dny +1

      He literally explained how mlm works and how it is not a scam or a ponzi scheme. And you genioud just missed it.

    • @thorasguardselectrician2013
      @thorasguardselectrician2013 Před dnem

      ​@@delaslight broke minds gonna stay broke lol

  • @Williams-Bey
    @Williams-Bey Před měsícem +5

    Great video and insight

  • @makingdoughshow
    @makingdoughshow Před měsícem +16

    Great interview questions, and great editing. Made it concise. Big PBD fan

  • @Bogeyfree69
    @Bogeyfree69 Před 17 dny +17

    I have to admit l was one of those guys that hated on him before l really knew his life changing events that occurred during his up bringing. Very bright man and super ambitious, he deserves everything he’s worked for . God bless him and his family 🙏

  • @dsaspur
    @dsaspur Před měsícem +3

    Great interview with PBD, I'm really impressed with him, well done

  • @HratherLandley
    @HratherLandley Před měsícem +16

    I've been listening to pay for a while now and his success story gives me hope that the future still can look bright

  • @MaximeJP86
    @MaximeJP86 Před měsícem +4

    Thanks Noah and PBD ❤

  • @thestevenjay1
    @thestevenjay1 Před měsícem +42

    By far the best guy you've interviewed 👏👏

  • @JayYangInspires
    @JayYangInspires Před měsícem +16

    can’t wait to listen to this! 🙌🏼

  • @TidusColeman
    @TidusColeman Před 22 dny

    Awesome chat, Noah! I've got mad admiration and respect for Patrick Bet-David, and it's great to see you both sit down and deliver such a solid interview💯

  • @MenofHighValue
    @MenofHighValue Před měsícem +26

    Amazing. Love to meet PBD one day! I'll have to book him on Minnect haha

  • @Float_Locker
    @Float_Locker Před 6 dny +2

    Great interview with PBD. My father was born in Iran, came to the U.S. where I was born, I joined the military as well. Tried to be a bodybuilder at one point of my life as well. 🤣
    Great to hear his story 🤝🏼

  • @thestevenjay1
    @thestevenjay1 Před měsícem +5

    Great interview 👏

  • @user-xp4qu2gh9h
    @user-xp4qu2gh9h Před měsícem +1

    amazing content

  • @RJsArtandAnimation
    @RJsArtandAnimation Před měsícem +16

    Amazing Interview with an amazing man, man of faith ( unashamedly), hardworking, focused and driven. Thank you Noah for having him on. Thank you Patrick for sharing your life and knowledge it was very motivating and encouraging.

  • @DanielGabriel
    @DanielGabriel Před 16 dny

    This was a very insightful interview. The passion, pride and respect that PBD has is very relatable.

  • @sigstuko5270
    @sigstuko5270 Před měsícem +1

    Awesome interview ❤

  • @amonifinau4048
    @amonifinau4048 Před měsícem +2

    Thank you!

  • @jakekarlen6077
    @jakekarlen6077 Před měsícem +1

    Great interview!

  • @mohamedtherealtor7900
    @mohamedtherealtor7900 Před 14 dny +2

    I respect this man

  • @stadix4454
    @stadix4454 Před měsícem +7

    Great Interview. Really liked how he didn't start a business until he was 40... too many people give up way too early

  • @josephroel498
    @josephroel498 Před měsícem +2

    I hope we could see the video uncut! Thanks.

  • @Jahguaar
    @Jahguaar Před měsícem +2

    Knowledge supports growth.

  • @EcomCarl
    @EcomCarl Před měsícem +21

    Incredible journey! Patrick's story is a testament to resilience and seizing unexpected opportunities. His ability to pivot from a CZcams channel to a consulting firm shows the power of adaptability in business. 🌟

  • @user-qn6pf6hw3x
    @user-qn6pf6hw3x Před měsícem +1

    Let’s Go PBD!!! What a guest

  • @307586040
    @307586040 Před měsícem

    Great interview

  • @JakeMaddockCoaching
    @JakeMaddockCoaching Před 26 dny

    damn this was an absolutely incredible interview! 10/10!

  • @JAEHAUGEN
    @JAEHAUGEN Před 16 dny

    GREAT INTERVIEW BROTHA

  • @ericsageman5731
    @ericsageman5731 Před 9 dny +1

    Very motivational and real. Definitely keeping a disciplined mindset with a humble attitude is key, long term vision associated with key networking strategies.

  • @abdesamad6616
    @abdesamad6616 Před měsícem +8

    Boooy I m telling PPD is always dropping exclusive knowledge. and for u Noah I see u in 10 years. big things coming through believe that my brother. ❤

  • @kirezenra
    @kirezenra Před měsícem

    great work

  • @llss3319
    @llss3319 Před měsícem +21

    Patrick is amazing. His hard work and tenacity, his views on religion and ease on speaking it out on CZcams is just amazing. He manages to look back over his life and highlight all his learnings and verbalise it, encouraging others.

  • @EscalpelandoCrypto
    @EscalpelandoCrypto Před měsícem +5

    Thanks for sharing your story, Patrick. Powerful.

  • @jackdunne-wq3iz
    @jackdunne-wq3iz Před 25 dny

    Thanks Noah and PBD

  • @waynelawson782
    @waynelawson782 Před měsícem +1

    So good!

  • @kalkydra
    @kalkydra Před 14 dny

    Well done!, cheers!.

  • @kapitan.kloss.
    @kapitan.kloss. Před 6 dny

    Phenomenal!!!! Thank you!!!

  • @leadgenjay
    @leadgenjay Před měsícem +2

    interesting interview

  • @Calmness_in_Christ
    @Calmness_in_Christ Před 24 dny

    What a great podcast ♥️♥️♥️

  • @phillipkeenan6092
    @phillipkeenan6092 Před 5 dny

    Brilliant interview, what a guy loyal, honest, motivated, and a true person of pride. ❤

  • @matthewthompson0
    @matthewthompson0 Před měsícem +89

    its kinda crazy how no one talks about book called the hidden truths of wealth

    • @fazeopgg1911
      @fazeopgg1911 Před měsícem +1

      Can't find it?

    • @Sam-fp8zm
      @Sam-fp8zm Před 29 dny

      the book with that name on amazon by henry smith looks interesting... The pursuit of wealth can lead to a constant state of stress and anxiety, as individuals strive to maintain or increase their financial status. This can result in a never-ending cycle of work, which can take away from time spent with loved ones or pursuing personal passions.
      Furthermore, the accumulation of wealth can sometimes lead to a sense of isolation or disconnection from others. It can be easy to fall into the trap of associating with people solely based on their financial status, rather than building genuine relationships.
      Moreover, the pursuit of wealth can lead to unethical and immoral behavior.
      .. it is likely free on annas archive

    • @chicogrinchthebarber5468
      @chicogrinchthebarber5468 Před 22 dny

      Wtf is that bro

    • @insoninenine8749
      @insoninenine8749 Před 5 dny

      @@chicogrinchthebarber5468 spam

  • @Dominic-bl9jo
    @Dominic-bl9jo Před měsícem

    Fascinating

  • @producedbypodcast
    @producedbypodcast Před měsícem +12

    Noah, you need to start posting more frequently! 😄 Miss your content. Just kidding, such a guest once in a while is 💣 Thanks and excited for more!

    • @noahkagan
      @noahkagan  Před měsícem +1

      More to come!

    • @davesteckler
      @davesteckler Před měsícem

      @@noahkagan thanks for being such an inspiration and helping me with my $1 challenge. posting daily about your book!

  • @bradstrickland3501
    @bradstrickland3501 Před měsícem

    VISION FOR THE COMPANY!!

  • @jackreacher4297
    @jackreacher4297 Před 23 dny

    fire cast

  • @charlesdalberto4974
    @charlesdalberto4974 Před měsícem +2

    Great interview... Thanks... Pat is a killer...!

  • @ArminTurcinovic
    @ArminTurcinovic Před 19 dny +1

    Just plain out amazing.

  • @jerrygandia2650
    @jerrygandia2650 Před 21 dnem

    David, been grinding for a long time. If you believe in what your doing it will be successful.

  • @anrod185
    @anrod185 Před 8 dny +1

    31:29 great story on fatherand son relationship.

  • @kaysmiff1949
    @kaysmiff1949 Před měsícem

    “I was a dreamer, what if one day…what if one day”….wise words from a wise man.

  • @_bhproductions
    @_bhproductions Před měsícem +11

    So excited to watch this interview thank you Noah for providing so much value

  • @Joel_Legacy
    @Joel_Legacy Před měsícem +2

    Amazing interview!! 🔥🔥🔥🔥

  • @joehenriod
    @joehenriod Před měsícem

    You might want to check the editing on the "Interviewing Khabib" part. Looks like the section repeats a few times.

  • @remmytvENT
    @remmytvENT Před měsícem +2

    Massive value.

  • @cortesvictorh
    @cortesvictorh Před měsícem +6

    Everyone cheers on the underdog until they make it. People hate seeing others achieve success. This comment section proves it.

  • @mrsmith677
    @mrsmith677 Před 20 dny +1

    excellence!!!!!!!!

  • @AndrewLXiong
    @AndrewLXiong Před 22 dny

    Great interview with Patrick...this guy story is amazing and he shares a wealth of knowledge and wisdom here in this short video, with his drive and vision there's no doubt he'll be a Billionaire in the future!

    • @mda0214
      @mda0214 Před 2 dny

      Not too hard when you run a mlm scam

  • @brianbonito
    @brianbonito Před měsícem +2

    This is a great interview!

  • @mkjyt1
    @mkjyt1 Před měsícem +12

    Dude why pick outfit of a schoolboy if you know he is definitely wearing a suit? That is disrespectful to begin with. Lessons learned. Keep up!

  • @jreola
    @jreola Před 19 dny

    From rags to riches. This was a great interview. Gonna follow him more!

  • @Channelofchannelz
    @Channelofchannelz Před měsícem

    So 😂😂😂😂 CZcams is a peace of mind business with no loss🎉🎉🎉 i am done learning this ❤😂

  • @Ivna486
    @Ivna486 Před 3 dny

    Omg that Julio from el Toronto sales pitch was GOOD . This guy can sell ice to esckimos

  • @One-Two-T
    @One-Two-T Před měsícem +7

    "Specialize, specialize" says the guy with 100 businesses.

    • @ryanusa860
      @ryanusa860 Před měsícem

      He specialized for decades.

    • @itsTOPGtime
      @itsTOPGtime Před měsícem +1

      @@ryanusa860You’re right. People don’t realize that you can build out once you’ve specialized and built a brand.

    • @samhustle5631
      @samhustle5631 Před 24 dny +1

      Different businesses in the same niche 🤦🏾‍♂️

  • @Brc-kg1mg
    @Brc-kg1mg Před měsícem +36

    Even though Patrick is shady as fuck. He has learned his lesson and moved to a new company that produces massive amounts of value. Dude at the beginning of valuetainment was giving the best entrepreneurial advice you could find for free.

    • @retroautodetailstl
      @retroautodetailstl Před měsícem +12

      How is he shady?! I’ve been following his content for years.. nothing but hard work and giving value?

    • @codygilbert6056
      @codygilbert6056 Před měsícem

      The things he has done don’t even compare to some of the corruption at the higher level, I can’t knock the little guy climbing to the top

    • @CH-tv1cy
      @CH-tv1cy Před měsícem

      He's not shady at all.

    • @kimboost9686
      @kimboost9686 Před 21 dnem

      @@CH-tv1cy😅😅😅😅😅😅😅😅😅😅😅

    • @gregorymiron8116
      @gregorymiron8116 Před 8 dny +1

      I've been reading the comments and I posted one that was not complimentary to Patrick Bet David N I see you're one of the few that has posted something negative about this less than honest and I'll use your word Shady individual. Because that's the sense after watching him on many podcasts is that I get from this individual. Obviously your radar is similar to mine

  • @ScottLarry-fk5pn
    @ScottLarry-fk5pn Před 21 dnem +2

    Absolutely !!!! I love I'll have to be debt- free in every sense before purchasing my first supercar. The best thing to do with your money is to infuse rightly because money left saving will end up with no returns.

    • @BrianAlbert-hh3pi
      @BrianAlbert-hh3pi Před 21 dnem +1

      patience is your best friend here, although you can benefit from the help of advisors, especially when it comes to smart financing.

  • @mirellaraffles6971
    @mirellaraffles6971 Před měsícem +36

    A bunch of you people must not understand that nobody forces you to buy something, you might get convinced but ultimately it is up to you as the buyer.

    • @Way2EasyDIY
      @Way2EasyDIY Před měsícem +1

      Doesn't justify selling snake oil nobody needs

    • @serafin1797
      @serafin1797 Před měsícem +1

      I like Patrick but, mlm’s fool everyone to join, although they don’t promise results they try to show off a crazy rich lifestyle. Patrick himself is in videos saying you can work at his mlm part time and somehow make 30-40k. At the end of the day mlm’s are Ponzi schemes but maybe even worse cause 99.8% of people lose money.

    • @JohnStockton7459
      @JohnStockton7459 Před měsícem +4

      Imagine being gullible to this snake oil salesman😂

    • @VideoVerdict
      @VideoVerdict Před měsícem +1

      @@JohnStockton7459 ditto!

    • @applecatnyango
      @applecatnyango Před měsícem +1

      LOL no, in MLM you're always put in a situation where you lose your certification/rank/whatever unless you continue buying the product from the MLM you're part of. There's even a term for this called "garage qualified" where people fill their garages with products they can't sell just to stay certified. MLM's biggest customers are actually their own agents, not unaffiliated ones.
      Just because no one's pointing gun at you doesn't mean the scheme isn't coercive and/or exploitative. Illusion of choice is a thing, you know.

  • @Camcentral4532
    @Camcentral4532 Před 16 dny

    PBD is f*****g solid.

  • @boodgiek8146
    @boodgiek8146 Před 5 dny

    The Guy should write a book.

  • @ryanfscott
    @ryanfscott Před měsícem

    Awesome listen!

  • @randymankoto2196
    @randymankoto2196 Před měsícem +1

    Beautiful

  • @ChrisLagos77
    @ChrisLagos77 Před 27 dny

    All the hard work and success is great. Sad part when you die you lose it all.

  • @HarrezHarrez-to7dp
    @HarrezHarrez-to7dp Před měsícem +1

    really enjoyed your podcast.

  • @Goodfortunez
    @Goodfortunez Před měsícem +11

    Where are the honest entrepreneurs that have made success without screwing others over ? Very hard to find

    • @gregsthatguy2273
      @gregsthatguy2273 Před měsícem +1

      how did he screw people over?

    • @alanv3185
      @alanv3185 Před měsícem

      @@gregsthatguy2273 He didn't spare any change for Goodfortunez and Goodfortunez took offense to that. All he was asking for was 50 cents. Poor guy

    • @micaiahmoore4191
      @micaiahmoore4191 Před měsícem +1

      If you feel this way, you could be the “first” one to make it happen.

  • @Horizon3165
    @Horizon3165 Před 27 dny

    I wish (only an impossible wish) that pat and my oldest son had a chance to talk each other.

  • @MarI0I0
    @MarI0I0 Před měsícem +4

    Loved the authenticity of both! Impressive man, thanks Noah!

  • @RyanHoltz
    @RyanHoltz Před 11 dny

    16:27 - “you drink alcohol?” Haha…. noah was on the hot seat a bit lol

  • @HastaLuegoFromDiego
    @HastaLuegoFromDiego Před měsícem +11

    Noah loves asking the tough questions! 👀

    • @noahkagan
      @noahkagan  Před měsícem +4

      Just trying to get you the juicy info!

  • @Boost.success1
    @Boost.success1 Před měsícem +2

    So inspiring 👏

  • @JamalHakimi-ig2nm
    @JamalHakimi-ig2nm Před měsícem

    Legend 👍🏻🥃

  • @pradippun5801
    @pradippun5801 Před měsícem +4

    Why so short interview

  • @SowingSeedsWithChristy

    Yes. Strong fathers!

  • @franklinhopkinsjr1065
    @franklinhopkinsjr1065 Před měsícem +3

    PBD and Noah Kagan are two of my favorites. I appreciate this interview…

  • @vanshmidha5720
    @vanshmidha5720 Před měsícem +1

    Time well spent

  • @thealbertascene6635
    @thealbertascene6635 Před 5 hodinami

    Noah what happened to the part at 13:18 min about Amway, why did it get cut out?

  • @afflatus444
    @afflatus444 Před 19 dny

    8:51 if you can beat a , Guerra at anything you are one special specimen! Haha! God bless you, PBD

  • @nikkiarya3259
    @nikkiarya3259 Před měsícem +1

    Cool video- and great editing!!

    • @noahkagan
      @noahkagan  Před měsícem

      There's more where that came from! Subscribe for more!

  • @samaforjindam6779
    @samaforjindam6779 Před měsícem +2

    Slow clap. Good stuff. This one's a real gem. Thanks.

  • @FORGETYOU8
    @FORGETYOU8 Před 19 dny +2

    Did he say chevy toyota corolla 5:42

  • @LarryZAR
    @LarryZAR Před měsícem +3

    Why's the video so short?

  • @kajilai
    @kajilai Před měsícem +1

    🔥🔥

  • @0xBerto
    @0xBerto Před 17 dny +1

    25:15 love PBD but he doesn’t even have by the minute on his own app