Patrick Bet-David: I Built My Insurance Empire By Hiring Young Latina Girls (Part 2)

Watch Full Interview: • Patrick Bet-David Tell...
Part 1: • Patrick Bet-David on F...
Part 3: • Patrick Bet-David on L...
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In this clip, Patrick Bet-David continued to narrate his interesting life journey. After his mother moved back to Iran, Patrick stayed in the U.S. and lived with his sister, selling his Chevy to make ends meet. He was innocently arrested for being thought to be part of a notorious gang, adding to Patrick's challenging life situation. Eventually, he joined the Army and later attended Santa Monica College for a short stint, motivated by the life of his hero, Arnold Schwarzenegger. Patrick then began working at Bally Total Fitness and later at Morgan Stanley just before 9/11. He transitioned to Transamerica, World Financial Group, for more than seven years, and in 2009, Vlad established his own insurance company. The agency grew from 66 to 45,000 agents across the U.S. before being sold to Integrity Marketing Group. The company facilitated individuals to get an insurance license and sell life insurance and annuities, mostly on a part-time basis. He clarified they did not sell auto insurance and the goal was to help people improve their financial situations.

[@vladtv]

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

[@verticalintegration5222]

You need to start pinning a valuable comment

[@firstinstinct420]

Upload the full interview at some point. Interview icp again

[@firstinstinct420]

Interview rehab, madchild, Everlast, nappy roots

[@hollywoodcheremonkey]

A real self made man disclosing what he does and how he did it. I worked at a restaurant and they only hired pretty young girls as servers. It really does work. This guy did it in the life insurance business with young Spanish speaking women. Makes sense. I can see how that would work, especially in an increasingly Hispanic US population. I like the transparency of this guy.

[@nickdavinci2196]

Lots of companies do that. Hire pretty women to sell. Real estate. Jewelry stores. High end luxury good sales, etc, etc. Pretty common

[@hollywoodcheremonkey]

@@nickdavinci2196 Exactly. He found a dying industry that had middle age white guys selling instead. Then he focused sales on the demographic group that was growing the most, Hispanics. Not bad, not bad.

[@Azzury.]

@@hollywoodcheremonkeyBecause gullible, capricious retards are the clientele. The ‘old white guys’ were selling to people who wanted a product with real value, knew what they wanted and wanted to buy off reputable salesmen from reputable companies.

[@Mr.TRX2021]

Self made ? 🤣🤣🤣🤣🤣🤣🤣 his mom lived in a house that was $3500 a month in 1980s-90s 🤣🤣🤣🤣🤣🤣 his mom left him a brand new car he forgot to mention the business his grandpa and uncle was running 🤣🤣🤣🤣

[@Mr.TRX2021]

Dudes just a pathological liar and a grifter

[@thetony8959]

Pat about to get me too’d 😂😂

[@TaataGeo]

He’s Rich already

[@TheJohhnyE]

Get with the times. You're like 6 years too late.

[@nickdavinci2196]

Lol it all comes back eventually. Rich or not

[@marekfalk5369]

thats the problem@@TaataGeo

[@jbevolve2023]

PHP stands for People Helping Patrick. Get it right Vlad! :P

[@JakeHunter2010]

Gift of the silver tongue. Can talk circles around a fox and make the fox think he’s a lion.

[@TheJohhnyE]

Pretty weird way to describe running a literal pyramid scheme...

[@michaellopez4789]

Everything is a pyramid scheme

[@hollywoodcheremonkey]

What pyramid scheme? You didn’t watch the video here?

[@willpower3317]

What he described is how all insurance brokerages operate

[@sevensages5279]

​@willpower3317 not even close! What other non-mlm insurance companies requires the agents to recruit ? At Pat's MLM, they rely on that and then they sell the new recruits an insurance policy! 1)Find financially strapped people. 2) Tell them they can easily make six figures selling life insurance 3) Now the new recruit has to buy an insurance policy from you! 4) Get the new recruit to bring more people to sign up and you make a piece of all his commissions! Rinse and repeat!

[@willpower3317]

@@sevensages5279 you’re right

[@user-lg1oo6ev7k]

Vlad has 127 different tones for the word "okay" to make the transition.

[@DaygoG]

Okaaay

[@ShockAndAwePod]

PBD stormed in the boardroom one day, nearly breathless and said: "I got it!!!!!... Big Booty Latinas!!!!" 🤣🤣🤣

[@fightsportspace7327]

💀

[@JoshuaRivers-us7xt]

Body-language is telling me this guy isn't exactly proud of what his business was. Pay attention to the first half of the video and then when he starts explaining his insurance company. He keeps adjusting his suit. PHP = MLM but it's all legal but Patrick knows deep down it isn't honest..

[@Independent365]

Facts! I peeped that too

[@ricardoaguilar7764]

You don’t know Pat, that’s how he talks, always has, it’s his personality.

[@JoshuaRivers-us7xt]

@@ricardoaguilar7764 I watch Patrick's podcast all the time.. That's why I made this observation. He never seems uncomfortable to the point where he has to keep fidgeting his attire.

[@TheWholeDamnShow007]

@@ricardoaguilar7764that means he’s always lying lol

[@SapphireKnightofWhiteLotusCity]

Well I don't have to read your body language to tell you that you are speaking straight up sh*t... This is Patrick Bet David... He got Sammy the Bull & Michael To sit down together... He has interviewed the most interesting people from all walks of life... Just check for yourself, he teaches business and gives back... This man has integrity and success you can't comprehend that's why you you'll grasp at any reason to hate... Hence a doctorate in body language... Peep that shit brooo

[@sevensages5279]

5:01 He claims he has 45k sales agents but 66% (about 30,000) make less than $250/year! 95% make less than a minimum wage worker making $7.25hr! MLM's are complete scams!!!

[@tsmithdir]

MLMs are not scams. MLM is nothing more than a business and revenue generation model. The harsh truth is that MLMs expose the realities of our society. In short, the 80/20 rule is on point. Most people are either not capable and/or refuse to do what it takes to succeed. And, what it takes to succeed is thick skin, perseverance, and the ability to ignore losers (quitters and cowards).

[@haqqotes360]

PBD and and Vlad freaking love it totally unexpected

[@no009limit]

Pbd!!! My favorite con man. Hell of a podcast too.

[@errolm8313]

I've been following bet David for probably 10 years now, back to when he bought that red Ferrari.... The man's story is amazing

[@La_ilaha_illallah__]

His books are worth the read.

[@Bpaynes]

When someone starts an answer with "That's a great question" beware of the answer

[@rhysjeffery1630]

Why

[@502kingpaul]

Dropping gems 💎

[@cutlass403]

I met him in person in New Orleans when I was with PHP. He's a very nice, down to earth guy!

[@dcpainting6605]

He’s a beast simple but super effective strategy well executed

[@HT_Ray]

Facts!

[@Jose_santana47]

He’s a great story teller 👌

[@hisagisan]

A sentence would do but he takes you on a journey starting in 1986 and I appreciate it

[@pavanSingh-ts5ym]

His pitch of asking a person, are you happy with your job? How much money are you making? What are your dreams? What kind of money do you need to do that? Reminded me of a sleazy AMWAY salesperson from back in the day. When I was young and naive, I worked with a guy who did Amway on the side, so he hooked me line and sinker, so I invited him to my house, and he spewed his script on my Dad, who almost kicked his ass ending up throwing him out. Never again.

[@kdpwt]

Cool dad

[@pavanSingh-ts5ym]

@@kdpwt I agree, I learned there are no shortcuts in life, be honest, work smarter and you shall succeed.

[@assierberhane6973]

Stop with the lies

[@assierberhane6973]

The nba is a competitive field. If a individual is better then a billion contemporaries. He deserves his share

[@assierberhane6973]

The nba is a competitive field. If a individual is better then a billion contemporaries. He deserves his share

[@zubayzimbo9794]

Love PBD , Valuetainment all the way , so many gems in this interview.

[@darknight1676]

got me subscribed

[@pimpineasy1100]

Absolutely fascinating interview. Hats off to Vlad.

[@crzpodcast]

He already knew Vlad TV would put these type of titles. He has a book out and any publicity is good publicity

[@f.iyanda3838]

Great content.

[@sgtzomie7877]

I can listen to Patrick all day .

[@TheBookofrhymes]

“Your Next 5 Moves” is one of the best business books I ever read.

[@dalesimpson7730]

Vlad said yeah he was under the breakfast like i own my ish😂😂😂

[@Lu-sj6ni]

this is the dude that runs the PHP pyramid scheme lol

[@GDSprodify]

PBD is an excellent business KZbinr, real business not get rich quick but good practices that will help anyone in any industry.

[@mikestarks8464]

PBD is a hard worker however his 'Insurance Company' was actually a MLM direct sales model where 1% made over $100k and 85% made less than $10k annually. No hate here, he learned to outsmart the system, worked hard and now he does well on KZbin.

[@homeroquinonez1142]

I mean he looks the part

[@davruck1]

Everyone works hard. Not everyone is a scammer

[@dassolosyndikat5113]

Becoming a youtuber is for people who don't make alot of money.

[@MK-we9sw]

He outsmarted people...not the system.

[@johnmadden6482]

@@dassolosyndikat5113yeah ok buddy compared to who you?

[@deswinder5432]

Word play is crazy

[@tyryll8743]

All these KZbin personalities are scammers. I like some of his newer interviews though. 😅

[@MyDk2009]

this is the guy that invites a certain type of black person on his show to talk bad about black people.

[@tarikviaer-mcclymont5762]

Lmao

[@tarikviaer-mcclymont5762]

I noticed that too and stopped watching

[@MyDk2009]

@@tarikviaer-mcclymont5762 He's the typical, " I can't say it so let me get someone that can say what I want to say about Black people"

[@willpower3317]

*this is the guy that invites black people on his show who don’t go along with the victimhood mentality

[@h.seraphin9429]

the 🐐

[@prosperwithcj]

Yo the way he just breezed over that months later they found the car in Tijuana 🤣🤣🤣🤣🤣🤣

[@busyOli24]

😂😂😂 that part

[@Dwight_Chayer]

Lmfao! The Arena! I haven't thought about that club in years! Great times, but he is right, I wouldn't brag about it, too! That ish was hood as hell!

[@chasehadley5230]

Makes perfect sense (the strategy) but he hasn't explained it well. There is actually a much simpler (and thus easier to replicate) explanation.

[@AaronPleasant]

Most productive Vlad interview ever

[@JetseTurner]

Me Too case's Coming Soon!

[@KIRRAH1]

They were and still are many many products, shows interviewing urban artists.

[@intelligentfool09]

9:35 Doggie Diamond’s, Combat Jack!!!!

[@MrBiggharv]

PBD da goat 💯

[@2cleeng]

His concept is dope and I’m on that EXACT tip. With my business and where I reside know one is doing what I’m doing. So I’m doing something different empowering a whole other demographic and group man this was gold. Simple yet very smart and strategic.

[@thechunkyone7118]

Gonna start a plumbing business and hire only Hispanics woman.....it's a winner

[@tannerm5811]

Bro this guy greazy

[@Healmylifejoe]

I swear, the guys who enlist under 3yrs be the ones always talking about their service 😂 this dude spent most his career in bootcamp lol

[@dopemusic6414]

I did basic training and I tell people I'm a vet. I expect a full salute

[@TheWholeDamnShow007]

Rumor has it he was discernible discharged from the army

[@MrJzaldivar]

I’ve noticed that friends and family members who’ve actually been to war never talk about it but the ones who were in the military for two years or only doing office work are the ones that thing there are Rambo😂😂😂😂

[@plutobaby9996]

My aunt and uncle got bafooned by his “insurance” agents lmfao

[@Hoolagans]

Do you have proof?

[@reaverofhearts7657]

He got the game figured out

[@Bg36300]

He explains it exactly like a MLM scheme… I get it though 😂

[@mandokg9730]

Holy shit those 12 minutes went by fast, I can listen to this guy all day

[@Eiitotpwpaqo]

How I use to be feeling listening to him at work

[@hearditfirst8010]

Yeah, he sounds like a sleazy salesman.

[@_CashFlowTy]

Hey vlad make Pat a regular, he is my hero

[@jbevolve2023]

Go get you a new hero.

[@_CashFlowTy]

@@jbevolve2023 calm down

[@jbevolve2023]

@@_CashFlowTy I never used an exclamation mark or wrote in caps. Don't get your panties in a wad.

[@treedillinger5801]

-Insurance empire- MLM scheme

[@user-qn6pf6hw3x]

Envy wont take you no where broski. Just to the dumps of hell.

[@T_Time_]

@@user-qn6pf6hw3xpaid fake accounts lmao

[@craigtyler3189]

⁠@@user-qn6pf6hw3xI mean it was an insurance mlm it’s not hating if it’s facts I mean the biggest mlm Is Amway and they own a damn NBA stadium (Amway Center)😂

[@remmytvENT]

MLM literally means multi level marketing which is legal per the FTC and SEC. Building a Real estate TEAM is based on the same structure. There has to be a viable product or service being offered. If not then it becomes scheme.

[@rdsrn365]

You thought you cooked. But I can bet my last dollar on you being broke and living in the rat race - pay check to pay check. Only brokies look down on oppourtities

[@bloodcurdling3581]

How do you get a job at Morgan Stanley without a colledge and with bad grades in high school?

[@MillZ56]

Get the referral from the hot chic that works there that ur smashing

[@TheWholeDamnShow007]

Same way he tap rooted his way into politics, but I don’t have an a politics degree! He manipulated his way throug the door.

[@bloodcurdling3581]

@@TheWholeDamnShow007 yes,no other way around.

[@kenetik13]

Latinas remain unmatched

[@shottakush8404]

Another self hating black man SMH. The black woman is the most disrespected and least protected.

[@thetony8959]

Don’t say this around black women it will strike a nerve 😂

[@kenetik13]

@@thetony8959 they are bomb as well 🔥

[@SatoshiFibonacci]

@@thetony8959 they’re too masculine

[@kingiam9271]

​@SatoshiFibonacci you sensitive boy

[@dustinanddylc]

He left out the part where he pays his reps 40% commissions when street value commissions are 90-150%. Gotta support that MLM model somehow.

[@sevensages5279]

What a racket!

[@luisamaya5963]

Can you elaborate on how you make 90-150% on selling policies? I'm assuming life insurance correct?

[@dustinanddylc]

@@luisamaya5963 yes that’s what most fair non MLM GAs pay. Depends on the carrier and contract, they’re all a bit different. But PHP, WFG, and primerica are the worst commission wise

[@nbafan784]

​​@@luisamaya5963assuming you write a policy that a client keeps into perpetuity, the agent will get paid 90-150% of the policy. But the agency will make most of the money in the long run. They'll get 100% of the annual premium for year 2, 3,4,5 and so on. Some companies give their agents residuals on polices paying out after year one at around 5-7% irregardless, the insurance company is pocketing over 90% of premiums after year one.

[@millennialentertainment5083]

I passed both state exams fire and casualty and life insurance, but being a felon as a child denied me in which wasn’t fair I was a kid then. They have problems with people passing the tests, but if you ever did some wrong you stuck

[@Hype_vybe]

That’s life ….shouldve known before you took the test you couldn’t work as a felon …like buying a car but you can’t afford the insurance …there are rules to life ,step outside of them and tuff luck …and I’m sure you weren’t a “child” had to be over 14 that’s a young adult

[@dimka-ls4cx]

That's tough, they're plenty more BS jobs out there but stability and finances might be an issue😒

[@thenoblemarketer6599]

Life is about problem solving.... Partner with something with a good record who also passed the EXAMS, both of you start a company as a partnership...

[@princecamm]

ngl you screwed you should try to get your felony expunged

[@centralcoastcommunitywatch]

cmon, son. call up a cheap lawyer n get that expunged

[@mazera_sushi]

I used to not like him for being so confident.. i know sounds dumb but he felt fake, these interviews and podcast ive watched lately shows me why he speaks so confidently. Huge respects

[@carlosgarcia5458]

Says a whole lot about anyone able to see their faults, openly admitting it .. Respect

[@mazera_sushi]

@carlosgarcia5458 I wish I was half as confident dude really a made man

[@marcjacobs8559]

I like how he still remembers everyone’s name. Didn’t get too high to forget who helped him!!

[@TheWholeDamnShow007]

5:11 , I LOVE HOW PATRICK SAYS, WE HAVE “45K AGENTS “ HE NEVER SAID THEY WERE “LICENSED AGENTS” LOL

[@the_shadow_realm5110]

He couldn't explain what PhP did very clearly, because it can easily sound like a pyramid scheme. It's Multi-Level-Marketing life insurance. Not an insurance company like AIG etc. Not sure why he couldn't just say it's an MLM. No shame in that....or is there?

[@jeezy8360]

It's about branding

[@Godismiracles18]

He has multiple insurance companies that do diff things other than marketing! Term life, securities aka stocks, reg life insurance, auto , etc...and u can borrow against your policy for free basically free money tens of thousands most people or more

[@michaelevans-benton275]

He did it was an FMO Financial marketing organization. And it sounded like he did they sell life insurance and annuities. How much more in detail can you go?

[@OddNaud]

AYO...the title is WILD. It's one thing to refer to the grown ass women he hired as "girls". But to toss in "YOUNG" as well is downright foul 😂😂

[@danlowe8684]

So, an MLM scam? You get the recruits to pay an entry fee, seminar fees, 'toolkits', etc., and rely on a huge turnover of 'agents' that realize they will never make money only after spending thousands?? Makes much more sense, now. As does his body language...

[@fightsportspace7327]

Yep, PHP is an MLM. Kudos to him for being successful with it but most of his employees are better off working at McDonald’s with the amount of money they make

[@danlowe8684]

Exactly!! I know enough about MLM Ponzi schemes to know that PBT didn't 'hire' young Latina girls. He scammed them out of their meager funds by promising them riches. The only way MLM or Ponzi schemes make money is to keep new money coming into the scam. You sell them the 'training' and 'sample' kits for several hundred dollars a copy and then tell them they can buy product at cheap prices to maintain their 'level' in the company. The product makes no money. It is the 'tools' that make money. Then, once they lose their house, marriage, and families that they have been brainwashed into scamming - they lose their storage lockers full of product that they purchased in order to stay in the game. So f'in low. @@fightsportspace7327

[@nellynell2577]

Pat is that dude. No excuse come up story fasho

[@kylehogg2780]

Vlad is out of pocket for this title. The average agent is a 34 year old hispanic woman. NOT some underage hispanic girl

[@user-xr1xs1zy2z]

All Click bait

[@astrozoo]

He used Patricks words, poorly chosen

[@user-jv9kq3oo1x]

He the Elon of the insurance game

[@TheWholeDamnShow007]

HAHAHAH MORE LIKE THE RAY CROC OF LIFE INSURANCE.. PAT PULLED A RAY CROC ON THE FOUNDERS OF WFG!! HAHAH NOW PATRICK ACTS LIKE TOP G THAT INVENTED SOMETHING..

[@gilbertotejeda4167]

I remember the arena,Hollywood

[@leoboi178]

I could listen to this guy all day 💪

[@GersonChacon-hi2mv]

This is the most retarded comment that’s never missing from any comment section. Would you also like to deepthroat him?

[@HT_Ray]

Boom!

[@danielceja3729]

Latinas...they get me EVERYTIME lol

[@Tariacurie]

The Arena was the shit though

[@phillycrimestories30]

He’s a sharp dude

[@ideozublake8036]

aren’t they always

[@lilmovieperp3599]

For certain things, sure. Other subjects I’ve seen him make an ass out of himself. Look at his “I’m just asking questions” stuff with joe rogan. I’m like “bro, you are not uncovering some deep conspiracy with the ‘im just asking questions’…especially if I can look up the answers on freaking google, Sherlock”

[@aaronemmett2785]

he tells a story of being 14 in the army recruiter but he makes it sound like he did he went back four years later because for whatever reason in his life this and that he’s hustling he’s this and that figuring it out yada yada he couldn’t sign up at 14 but he doesn’t he doesn’t make that clear makes it so cloudy that it four years later he went to the army because he wanted to then

[@TheWholeDamnShow007]

@@aaronemmett2785 that’s because he’s hiding the fact that he got discharged from the army

[@qxxx6624]

PBD what do you do? 30 min explanation… oh so you sell insurance 😂

[@comedyislander]

🤣

[@dhowto3005]

Interesting.

[@jamesgoode753]

We figure it out... that's how, why, and what it is.

[@joeyyc8515]

Nice suit and tie he's got on

[@AnimeSlaps]

That's a bit of a salacious title 😂

[@hustleboyfloyd8089]

u better not be in club arena after 2am thats when the transmissions come out 😂😂

[@MK-we9sw]

😂😂😂 that title is crazy.

[@jdjd9935]

Fr makes pbd look like a pimp 😂

[@juan-josegarza7039]

I swear I have met this guy back in 2010 on larger convention or something at large hotel.

[@user-xb7xs4hn8q]

fox hills mall is in baldwin/ crenshaw not inglewood

[@louthawriter]

I know that look PBD. My man can't stop playing with his nose 😂

[@KeizeShow]

@ 8:27 - Shout out Ron Paul. He had a huge fan base & always raised more money than other candidates. He kept getting blacked out by the mainstream media.

[@jatorianwinfree5350]

Yo titles be killing me

[@agmcroom2374]

lol Definitely an MLM😂😂😂😂

[@Davidjames35879]

The insurance guy is now a right-wing grifter.

[@TheGOAT-hj6sl]

*Everyone that I don't agree with is a grifter. I fixed it for you.

[@catchwreck928]

@@TheGOAT-hj6sl he is a grifter This is why non blks shouldnt partake in our culture cause yall not with it

[@erickandrade1921]

​@@TheGOAT-hj6slHe is a right wing grifter but he also has good advice on stuff

[@TheGOAT-hj6sl]

@@erickandrade1921 You already stated that lie on your alternate account, troll. Way to like your own comment, insecure much?

[@lilmovieperp3599]

@@TheGOAT-hj6sl I mean he’s either grifting or he’s really dumb. Which one?

[@entrepreneurcorner4146]

Direct sales insurance, I do amway myself know a lot of people with them, network marketing is business systems like franchise and corporate

[@adamdavis7314]

This tile is crazy 😂😂😂 this is why Vlad gets in trouble with people

[@MS-ql8ek]

I watched this guy when he first started his KZbin, he helped me with my finances and helped me manage my money and improve my credit score from 500 to 780

[@george._sir._gemini.175]

Lies...

[@kanajingly8957]

Did you use the same Pyramid scheme he used?

[@wikiorg379]

@@kanajingly8957What pyramid scheme did he use?

[@musashi-san____1409]

They only say Fox Hill is in Inglewood, because it's a Black mall. It's not in Inglewood. Near there though.

[@bostons2826]

This guy is the definition of someone to never trust

[@Luciphers_Workshop]

LoL, yes, I rather trust some ignorant rapper that cant spell

[@TheExclusiveOne720]

@@Luciphers_Workshop or trust your bosses to pay you the $$ you want, your teachers to teach you what you REALLY need to know in life or trust your church to help you reach God Patrick may or may not be trustworthy but the conditioned/traditional things that the average person followed in their lives is 100x more untrustworthy

[@Luciphers_Workshop]

@@TheExclusiveOne720 I was being sarcastic

[@sc12100]

Insurance is the biggest racket

[@christiangrey0077]

Title is nuts 😂 tryna set pat up

[@lawr8th]

As someone who spent his childhood playing football, basketball and everything else in LA, I don’t know what these fools are talkin bout. The Fox Hills mall is not in Inglewood. It’s in Culver City 😂

[@vladtv]

My bad - the two of them border each other and I got it mixed up.

[@MyDogSteppedOnaBeee]

Fox hills mall is the ish I used to go to the place a lot and buy clothes

[@michaellopez4789]

I was there today bro it’s the same thing to me 😂

[@edygarrido6785]

Yup. They don’t know the difference. As soon as I heard Fox Hills Mall, I thought Culver City. They don’t know. And I’m from Hollywood

[@complexblackness]

​@@vladtv You just don't know, which is expected from a culture vulture. We see how shook you were when talking to Former NF member Boxer.

[@Luiiciano]

Classless Vlad did PBD dirty with this video title. Made him sound like he started a webcam site

[@edelduarte6282]

Pat is such an inspiration many of us young immigrants can relate to his life story.

[@RetroFutureHD]

Vlad really said "So you do the whole army thing for 3 years" 🤦😂😂

[@lubosimaboshe]

Pat is business strategy expert awesome video

[@samuelogunfojuri]

WTF PBD at Vlad??? I love it

[@Thedude897]

Someones getting indicted soon..

[@afrofy2431]

Pimping pat 😅

[@pimpslapahoe]

Vlad coming for Pat watch out peep the titles.

[@gonk4793]

never have I ever wanted to be a insurance business man. Then I saw the title