Patrick Bet-David Breaks Down How He Built Generational Wealth (Part 13)

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In this clip, Vlad and Patrick Bet-David chat about the philosophy of strategic long-term planning, likening it to a chess player planning their moves ahead. Vlad believes that successful people often plan far into the future, with wealthy individuals typically planning for even after their lifetime. Referencing his own experience, he achieved different financial milestones, examined how generational wealth was managed, and used the lessons he learned from reading "The Ultimate Gift" by Jim Stovall. Patrick asserts that the key to everything is sequencing, comparing it to various professions, from coaching to coding. He implores individuals to think several steps ahead, just like in a chess game or a business negotiation, and prioritize the sequencing of their response, actions, and planning.

[@vladtv]

Watch the full interview now as a VladTV KZbin Member - kzbin.infojoin

[@FernandoDiaz-ur2zo]

I’m trying to become move valuable so you can interview me someday bro

[@orangemanbad]

Pat explaining how he planned ahead to build generational wealth. And Vlad: “ya know when I was in high school I was planning for college. I’m a grand master at life planning.”

[@brianbest6097]

i enjoy vlad but fuck let the person who's getting interviewed say his persepective.

[@mlopez4546]

If you were smart enough Vlad you'll be planning for the afterlife. Where you gonna end up Heaven or Hell? Jesus Christ is the way and the truth and the life. No one comes to the Father except through Him🙏

[@crysismusix5479]

I doubt he planned that lol. The most important plan right lol

[@anonymousperson9735]

So basically what Vlad is saying is that he planned to get pistol whipped by Rick Ross, and then use the money he got from the resulting lawsuit to start vlad tv? LOL I can't with these two guys man 😂

[@MillZ56]

Ding ding ding. Crazy how people don’t put the Sequence together when assessing Vlad’s come up

[@reginaldcrain4428]

😂😂😂 yeah he knew bootlegging cds was short term the real money is getting beat up for it now that's how you make it 😂

[@darealphantom]

Glad you mentioned this a lot of people don’t know that’s how he started

[@MaximilianXXX]

Vlad snitch on Rick Ross? I thought he was about the streets?

[@910starlet]

Always wondered how this stuffy nosed dude did so well.

[@clearthejunk]

Hot damn....I love this kind of talk. It's like financial porn to me. I don't have any mentors that taught me this. So I get excited to hear affirmations of what I'm already doing.

[@davruck1]

Porn is a fantasy like the BS he’s spewing

[@grose93alexander67]

Nobody cares about how you feel about this video. Your weak and pathetic with a 600 credit score

[@shosho4real]

Sequencing is all about arranging your priorities in order of importance

[@TheFilmSpace1]

read the book “what would the rockefellers do” amazing book and life changer

[@dont9502]

He makes great educational videos…but the insurance company he built is a MLM (multi-level marketing). It’s a fancy word for pyramid scheme.

[@TheWholeDamnShow007]

Bro; he gotcha you with his “ FREE” education videos in business.. remember when it’s FREE you’re the product..

[@patrickpellegrino]

People hating on Patrick for building an MLM. At least he does insurance which is better than a lot of other services that actually screw people

[@serafin1797]

Bruhhh… 95% of his license agents lost money

[@Dynasty19]

Yeah I’ll definitely concur with you there, his business was deceptive in nature but when you think about it just about every business runs on some degree of deception to be successful. At least you can say insurance actually does help families in a major way. He’s definitely an opportunistic person in ways that are glaringly obvious, but his advice is sound there’s no denying that…

[@thehardtruth3027]

@@serafin1797 That happens with most people selling life insurance. it has a high turnover rate. Just like being a real estate agent. But you get lured in by the promise of mega paydays

[@davruck1]

Insurance is a scam

[@therearenoshortcuts9868]

the only way to "build massive wealth" in history is to scam, to enslave, or to actually invent something... well he's no inventor lol

[@tonyespinoza6973]

If you came to comments before watching let me save you some time. Dont watch. It was just a blubbering word salad of jibbering

[@FlannelGuy_1978]

TBH the Vanderbilt's lost most of their generational wealth by the fourth generation. The third generation pulled away from the business enterprises that made them wealthy and were all about extravagant spending and high society living...By the fourth, a majority of the original fortune was already spent.

[@roysmith9149]

Translation: he started a mim business found a couple of dummies sold them a bullshit dream and a little bit of luck 20+ yrs later worth a couple hundred million dollars

[@TheWholeDamnShow007]

Think about all those idiots who paid $199 and quit. Patrick scammed them. That’s how he made his millions not bc his insurance company is helping that many ppl. Lol

[@DrewbattleTheGreat]

1. Create pyramid scheme 2. Scam employees 3. Scam elderly people

[@thehardtruth3027]

If it was easy, everyone would be doing it

[@davruck1]

@@thehardtruth3027it’s easy. Everyone ain’t a scum bag.

[@wandabhala8516]

He doenst really give a clear answer, just anecdotes and references. Nah

[@psnisy1234]

I talk about sequencing in the book and the generational wealth thing as well. Heres a little sample of the sauce: The first generation builds the wealth, the second generation maintains it, the third generation destroys it. Most wealth does not last past the 3rd generation.

[@joojoobaw]

“the book” 😂 what kind of self-advertisement is this? You didn’t even tell us the title & nobody knows who you are

[@AlfredMacCallaIII]

He is a pimp on a higher level.

[@TheWholeDamnShow007]

Hahahah true

[@LouieOcean.]

Step 1 scam elderly people

[@wilcoxcmc]

😂

[@baw-mq4bt]

Step 2 Steal candy from babies

[@allanthomas6097]

Prove it

[@SAMZIRRA]

Haha facts

[@caper087]

How did he scam elderly people? I’ve heard this ina few comments.. can you or someone explain how he scammed them

[@therearenoshortcuts9868]

how: MLM lol

[@Convict2Corporate]

He does not SCAM! He worked for a 💩 insurance company called WFG and decided he wanted a better company and then created PHP. Insurance isn’t a SCAM. It’s the losers and didn’t make it associates that didn’t amount to much that claim scam.

[@blissdad13]

Insurance is gray market.. it's not a hard-core scam.. but its definitely scammy 😂😂😂

[@TheWholeDamnShow007]

What’s the difference between WFG and PHP? Show us data bc your argument is weak and you are more than likely associated with his company.

[@JoeRogansGutBiome]

Ok show me your tax filings for 2022 season

[@chriswilliams2452]

Thank you Vlad. Best interview youve gotten so far!

[@gentlemans.guidance365]

1st Bucket *Short term 6-12 months -Money market/Brokerage account , emergency fund, side hustle 2nd Bucket *Medium Term 1-10 years Building a self sustainable business 3rd Bucket *Long Term -Real Estate, Roth IRA, 401k, Brokerage account

[@creativemindz3133]

Damn the comments going in I just learned about him I like his speeches but I guess he a criminal? Idk ppl love to hate I’m about that pape

[@huna1950]

Sell dear I’m the form of life insurance is the country of unique scamaramaa …when instead of being called out your a magnet for other of same ilk then it’s normalised…. AVOID

[@user-ne5dt7fx2d]

Lol He dont wanna talk about his pyramid scheme He use to run back in the day Google it if you dont believe me😂😂😂

[@adrianvernon3538]

No one get rich without being dirty

[@TheWholeDamnShow007]

Or how he stole his idea from someone else. Basically pulled a Ray croc on WFG’s founders

[@AlexG-tp2ik]

Pyramid scheme

[@a.l.b8672]

No lie every time I hear this man speak I start try to mentally picture my every next step to make this first million

[@GaySlurpeeCart]

Stop lying

[@blissdad13]

One of the best videos on vlad i have seen in a long time. I have recently realized what he is saying is true.. i didnt think of the term sequencing.. i thought of it as a pattern... life is a series of patterns.. how much money you make is based on the pattern you use every day. In my case i ha e had mediocre success for a long time.. then found a mentor who looked at my business model and changed the pattern. Basically i was doing too much... sometines less is more. I was able to lower costs in half.. and triple my revenue.. and its so easy. Because i mastered the pattern.. aka.. the sequence.. pbd is a real one for this video.... im about to download that movie 🎬 he talked about.... happy near years folks.. bless...

[@Chap.13]

Basically it's about mastering the art of anticipation and the laws of probability. Once you've mastered those 2 sequences, you'll have the world in the palm of your hands.

[@blissdad13]

@@Chap.13 I agree with that especially on a Macro level.. im speaking on a day to day level of a pattern of movements/routine that you formulate and execute daily in order to create a life that reflects your worth....

[@LatinPolitcs]

Sold his company before the lawsuits came flooding in!!

[@TheWholeDamnShow007]

He hasn’t sold yet.. he’s lying. Google PHP and who’s running it still:

[@wilcoxcmc]

Maybe it's me but i learned nothing about how to gain generational wealth in this video lol. Easiest way is get a 401k and life insurance if you can't get out of the trenches and you won't your people to be well off.

[@unspokencrimemurders]

Wow very interesting and detailed!

[@joojoobaw]

😂 He really had to sneak in his movie review of “Napoleon”

[@lamentate07]

🤣

[@Biggiemarvs]

Everyone saying scamming . But not one saying how he scammed hmmm…

[@zubayzimbo9794]

EXACTLY 💯

[@TheWholeDamnShow007]

Bro, he charges the most joining fee to start up at his MLM.. most are free to join or $100. Patrick is charging $199. He’s scamming ppl and over charging them to join and that’s just to join then there’s other fees.. he works his recruiting like a gym membership. Don’t believe him he’s a scammer

[@mikelindner2646]

He never really gives a clear answer on how he made his money.

[@adrianvernon3538]

Never. From insurance selling to minorities. His target was minorities to get going

[@wandabhala8516]

Con artists usually don't

[@TheWholeDamnShow007]

That’s bc he hasn’t YET!! He says he sold his MLM For 300m but he you look up PHP he’s still running it. And there’s an article out there saying he’s a managing partner to IMG , so I’m thinking he’s going to promote and grow his MLM via his socials and help grow IMG, sell off and sell off some stock shares he probably got.. just my guess.

[@chaingangbiscuit]

I don't like what his platform became but I will always love his business mind. He's taught me a lot.

[@patrickpellegrino]

What’s his platform become?

[@toshoshi1551]

@@patrickpellegrinonuanced political discussion

[@mgee1723]

Same

[@trueempire8948]

@@toshoshi1551That’s because you don’t agree with politics.

[@trueempire8948]

@@patrickpellegrinoIt’s a great platform go check it out

[@decarlocalloway01]

PBD never gets to the damm point

[@ghstletter5978]

LOL it's called an attention span

[@davruck1]

@@ghstletter5978listen to the whole thing. He don’t say shit

[@brianbest6097]

He rambles and goes on a million tangents like get to the point.

[@thedivinegoddess2001]

When I listen to him, I feel like I can make it too.

[@GaySlurpeeCart]

😅

[@agmcroom2374]

The world will always need easily led followers like you

[@trustory8890]

@@agmcroom2374how does wanting to be rich and successful make him a follower? Everyone should want to succeed in every aspect of life

[@chrisallwhite]

Pants or socks first in the morning, sequencing.

[@tevonhennesy6110]

I use to like Pat but he is closed minded. He believes everyone can be wealthy and that’s just not mathematically possible. He ignored black issues when Roland Martin came on his show. That’s when I stopped watching.

[@TheWholeDamnShow007]

Bro; that’s bc he was relying on Jason to do the fighting for him.. that’s why he flew him out and was willing to pay Jason for the interview. Patrick doesn’t care, all he cares about is getting attention so he can plug his MLM company in a deceiving way. And btw; he hasn’t sold his company, that’s at lie. Where’s the proof he’s 22m house?? Bruh, IMG wrote him a 13m check for the partnership he prob used that for a down payment for his house

[@AtomicWinner]

Why does this vlad tv guy make everything about himself interview your guest bruh

[@toontumnetwork]

This is your all time best interview

[@YoungDirtyMexicanOfficially]

some real fucking gems right here.

[@mm9492]

THIS MAN IS A SCAM. TRUST ME. HE’S MY PEOPLE. WE KNOW EACH OTHER. GRIFTERS

[@TheWholeDamnShow007]

Hahah so you calling yourself a scam artist? Lol

[@mm9492]

@@TheWholeDamnShow007 well, your surname is Mexican. You definitely have no money, so you’re safe.

[@justinchamberlain3443]

5:05 its amazing how he can talk and say nothing at the same time; "sequencing" common that means nothing but it sounds profound

[@TheWholeDamnShow007]

Bro, you like the 1,000,000,000 who says that about him:

[@justinchamberlain3443]

@@TheWholeDamnShow007 1,000,000,000.0001; So is it even possible for him to have made that much money via insurance? I guess ed mylett would be the guy to compare him to but I just don't think those type of earnings are possible. Wish there was a an insurance guy that would be willing to expose it on coffeezilla or something. This guy is now a major influencer but I think there must be some govt money involved

[@tonymontez2358]

I’d like to answer the question Alex trebek I’m going to say scamming ✅ Alex: that’s correct ✅

[@cristobal9677]

" this has been my Philosophy as well" Vlad ( who got ripped off trying to sell coke and got ripped off)...smh

[@MillZ56]

Good book, I deff listened to the audiobook during the pandemic

[@zombieplayer4782]

What’s the name of the book

[@MillZ56]

@@zombieplayer4782 Your Next Five Moves: Master the Art of Business Strategy

[@ciscolicious87_32]

You see how Vlad is quiet. With these rappers he basically dominates the interview. Not with men like this.

[@TheWholeDamnShow007]

Bc supposedly he’s worth 300m.. so he acts like a king so ppl treat him like one.. it’s not true he’s not worth 300m he just acts like it..

[@jowill230]

alright well hes clearing not going to talk about how he made his money. he made it through a multi level marketing business. MLM. Which is considered one of the worst ways to scam your workers, he then sold it and got his millions then started a media company.

[@TheWholeDamnShow007]

Can you proof he sold it? Or you saying that bc he said it or someone else did? Bc I’m trying to find documents on his sale. It’s all hidden to the public from what I’ve seen. I just wanna see proof or data like he says

[@jowill230]

was sold to a private firm as well, which sucks because we can't see their financials, but he speaks about it in the link I sent

[@adrianvernon3538]

PBD will tell story after story after story.

[@alimohmmad2079]

PHP is a scam and pat as a crool

[@TheWholeDamnShow007]

What makes you say that? What’s your experience. I’m interested in PHP but I’d like to hear your story

[@SunnyReignz]

Everybody with generational wealth screwed over business partners and a lot ppl that don't know they're being used. But that's the world we live in.

[@davruck1]

It don’t have to be that way. But y’all only listen to white adjacent people.

[@ZukoTheShinigami]

This person eats Chinese food and drinks soy milk for breakfast

[@funkspinna]

You would have to know everybody with generational wealth to make such an absolute and ridiculous statement. Of course you don't, and it's nonsense.

[@davruck1]

@@ZukoTheShinigami you eat PBDs 🍆 for breakfast. Stfu.

[@blissdad13]

Yeah I just watched the Rockefeller documentary. That was an eye opener.

[@LatinPolitcs]

Was on his way up until he jumped on the Trump train. ZERO CREDIBILITY.

[@LaidbackSounds]

I see that fella PBD in another video talking about Europe with absolutely fake infos and datas and hate. Money doesn't make you clever.

[@TuneTuber]

Build an MLM with insurance. Aka scam people….

[@TheWholeDamnShow007]

Stealing ppl’s joining fee of $199!! Hahaha

[@SuccessMikeMatthew-gw5uh]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller

[@SuccessMikeMatthew-gw5uh]

she's mostly on Telegrams, using the user name

[@SuccessMikeMatthew-gw5uh]

MILLER599 💯.. that's it

[@AcidTrvp]

vlads*****

[@T.Ambrosio]

Scammers... I'm sure you guys from Nigeria

[@vinimarcben5889]

I think PBD kinda schooled Vlad on this interview.. like he had to love it!

[@JACKOTACO]

It was 2006 or so, I was working for some mortgage company in the Valley and I was asked by somebody outside of the company if I wanted to come and check out this insurance company. I said sure. The company was named World Financial Group and one of the guest speakers was Patrick Bet David, along with a few others. Patrick was just going on and on about his life, going to Glendale HS, the military and etc. This caught my attention, since I had friends around his age that went to Glendale HS. Patrick began ranting that WFG will make your dreams come true, yada yada yada. I was asked if I was interested by one of the recruiters and the company seemed a bit sketchy and I said let me do some research and I'll get back. So, the next day at my work, I asked my friend who was a AVP and went to Glendale High if he knew this guy. I was like, "Dude, do you go to HS with Patrick..." and he was "Bet David?" I was like "Yeah, you know him, he was like "Yeah" what about him. I was like "do you know he works for this company WFG... what can you tell me about the company and him?..." He was like "Well, I don't know much about the company but Patrick was a DIRTBAG" and begins to laugh. He says the guy was conning people even in HS and went off to the military and got jacked. He basically said, whatever he is trying to sell, do not follow him. Everybody knew Patrick was bad news. I did my own research on WFG and sure enough it was a giant MLM. He seems to have taken that companies policies and created his own business model. In theory, what these companies do is, they tell you, that your first ten sales or so go to the company itself, however, if you bring in more and more people, i.e. recruit and let them work under you, you have a team and you get a cut of their sales as well! He and whatever he is selling a whole lot of BS. There is a reason why so many people now call his company a MLM and see him as a grifter and swindler.

[@vladmkrtumyan1660]

Patrick talks about how the Military was the best thing for him and he didn't really start growing/learning until he read his first book at 21 - I wouldn't judge someone based on what they did/said in high school as much as what they did or said in middle school...

[@deeznuts3145]

Wow that’s crazy. Been hearing a lot about Pat lately. When you see him on KZbin he seems like the coolest guy you would ever want to meet.

[@winstontaveras6685]

Yea this was a big thing going on a few years ago with him. But his not stupid he sold his company so his name wouldn’t be involved in the mix since his doing media now

[@AlfredMacCallaIII]

He does come off as a really cool guy. I went to one of his meetings at php. He speaks really well. As he was speaking I noticed in his white shirt pocket he had a $100 dollar bill. That's a pimp move. He shows you things in life you want to attain and if you work with him, you can get it. But he is going to get his pimp cut from everyone "working " for him. Can't knock the hustle, pimping ain't easy but somebody gotta do it.

[@michaellopez4789]

I’ve heard of people that done business with him, but than I met him. People just talk, never judge someone based off other peoples judgement

[@enquirer2.0]

Call me selfish but I ain't gonna worry about securing my 7th generation families financial security😂

[@thanosdarth8651]

Yea that might work to get wealthy but then you don’t really enjoy your life your constantly working and then everyone has a plan until life changes everything example Kobe all that money and time he had after retiring he never enjoyed like the way he had planned why cause just like you have plans life also has plans. I think you should plan ahead and make money but don’t be to greedy and keep wanting more enjoy it while you have time

[@TheOneJPtv]

How ironic a guy that came from Money teaching us how to build Generational Wealth.

[@chapz1714]

Thought exactly the same about the napoleon movie, what a joke it was. Focused more on having sex with Josephine than military strategy disappointed to say the least. They just listed dates and the basic storyline

[@firebug1892]

And the ultra wise plan for eternity, which neither one of them talked about

[@nspodcast1479]

Vlad: I’m just like every single person I interview.

[@mateen420]

bro Vlad all you do is talk about yourself you did this and that you have this and that. what's wrong with you.

[@chatosancarlosligaliga8626]

The comments on this video tells me a lot about those people posting it

[@anasabubakar4125]

Running MLM

[@LatinPolitcs]

Generational wealth is when more than one generation keeps the wealth going. Not the case here with this scammer.

[@TbRius]

The ultimate gift great movie it makes you think different I watched it a few months ago

[@obrienortega6942]

Simple, he started a Ponzi Scheme Insurance mlm company called PHP (which I call it People Helping Patrick) cofeezilla put him on blast when he interviewed him. Now, he’s shying (not really) from the insurance mlm to focus on his media company. He never sold PHP. His name is still on the boards exec.

[@Monzaworldwide]

Alll the kings of Egypt tried to take all the gold and riches when they died.. money dont mean a thing time is the most valuable thing in life.

[@agmcroom2374]

M L M

[@Chap.13]

Okay this dude is a great mind, not gonna lie

[@Thumper68]

Didn’t plan ahead when you lost that house you overextended yourself on.

[@TheWholeDamnShow007]

What house?

[@Thumper68]

@@TheWholeDamnShow007 vlad’s first house

[@melanincertified5002]

This vlad interview wasn’t worth Pbd time . Each video every comment it’s about MLM Blah blah blah

[@jimmycarteriii317]

the book is ultimate gift same is the movie on netflix

[@TBIRDSPOON24-7]

AMAZING INTERVIEW GLAD!!👏🏾👏🏾. When is Part Two coming? Pat dropped a ton of Gems on this Interview and I know he has a ton more!💪🏾😎👏🏾🤙🏾

[@AForEh]

Gladimir

[@edwinhunnet2666]

He meant priority? I don’t know what he meant from sequencing?

[@silesia9527]

Scamming.

[@blocboi407]

Scamming duhhh

[@tombondcrispy6585]

Tax the rich. And oh yeah the inheritance tax should go up to...

[@rellyWrotethat]

storytelling live life thru the story you want told

[@c.falcon5045]

Horrible movie. They totally disrespected Napoleon

[@youngvillage5337]

Going to be checking out these books

[@prepper-sq9yj]

12 to.15 moves ahead Jesus there ain't even that many pieces

[@Brancononordeste]

You should’ve called your mom first.

[@voice88out]

Great words 👍🏻

[@peterc8021]

Need 200k? Better start slinging

[@firstinstinct420]

Interview Andrew Tate.

[@1979voice]

Ok I'm confused, do you mean sequencing 😅

[@angelaortiz3406]

What’s the name of the movie? Can somebody tell me I appreciate it.

[@socdy600]

I keep thinking it's Brewster's Millions but I'm not sure

[@angelaortiz3406]

@@socdy600 thank you I appreciate it

[@Steve_305]

​@@angelaortiz3406the movie is called The Ultimate Gift

[@rodneychassagne7243]

Life is to hard...just live in a little room and have a big bank account

[@ChrisCruzTV]

What’s the name of the movie?

[@jacquonethorne1948]

A sit-down between you two & Warren Buffett would be most beneficial

[@RohanRoy10g]

Can anyone tell me the movie name?

[@FLN62]

What’s the movie he’s talking about?

[@jarel101]

I gotta watch this damn movie!

[@therealhollywoodtv]

I didnt even catch the dang name… yall know it? Help me out

[@jovna5315]

@@therealhollywoodtv The Ultimate Gift book written by Jim Stovall.

[@Augusto0926]

So make a budget?

[@JoeMaama190]

Ha! Ive seen that movie based on the book he is talking about. It's pretty good. One of those "lifetime/hallmark"-esque type of things though

[@Mrjpleonardo]

What was the name of the book? 😬

[@jackroberts416]

He won his bet against David.