The Biggest Reason Most Businesses Fail

Recommended Video:

Private Coaching from Patrick Bet-David - Apply Now:

#valuetainment #patrickbetdavid

[mendoza]

Met a 17yr old one time begging me for some money out in front of a grocery store. I politely said no thank you and proceeded to my car. As I was driving towards the front of the store to leave out the parking lot I saw him again. I rolled down my window and told him I can teach him how to make 6 figures. He laughed at me and said “bro, you make 6 figures and drive a Toyota Camry!?” And just proceeded to laugh at me. Year 2 running my own business and we’re set to do 200k by the end of this year and imma drive my Camry till the engine blows and by a used one all over again lol.

[frankhenryx]

Avoid...

1. Office leases
2. Overhiring
3. Saviour consultants
4. Lavish employee perks
5. Expensive tools
6. Business Travel
7. Uncontrolled enthusiasm

[rodneymyers]

PAT- I’m 80 yrs old & owned my own company a couple of times. Sure enough, I did all the wrong things that you mention in your talk today! AND I WENT UNDER THE FIRST TIME THE ECONOMY TOOK A DOWN TURN!
Second time I did everything you talk about ( failure is a wicked teacher) and I stayed afloat for 30 years. So glad you spelled it out - hope a lot of newbies were listening!

[SOLOX]

This guy is the biggest role model for young men💯

[baretteroyce]

I’ve been in business for 5 years now and I can say wholeheartedly that I made a few of these mistakes when I first started and only wish someone would’ve given me this advice when I first started out

[EliteAutomation]

I miss this type of content. I've been watching you for 7+yrs now. Went to the first vault. bought the sales program. You definitely sharpened the business side of me. We are on track to do 1M this year and in yr 2 of business

[georgeanderson]

Your channel has really changed my life. I have been studying and researching about crypto for a while now and got stuck somewhere along the learning curve. I can now say that am really improving my understanding of this whole new world and making huge profits on a weekly basis, all thanks to you guys

[Charlie_Alpha_Lima]

Pat once again smashing it with some invaluable and sage advice!

[firefightr_spike]

8:40 same way we operate in the fire department. The bonds you make cooking for your crew, nothing else like it!! Love the value you're putting out there for us man, one hell of an inspiration!!

[Corrabeauty]

From my experience, all I can say is that nothing beats expertise when it comes to investing.

[illuminatu]

Totally agree. I run and own a 3rd generation family business. I'm in my mid twenties and I drive a Ford Focus.
We're in the ad space. Constantly trying to optimise. It's very difficult to have a start up mentality when you've been in business for 25 years, in a small market.

I would add another mistake one can make, over hiring salaried employees. Outsource trial areas and new areas of business before committing. Set the stage. Many people want comfort and they tend to be negative, even in smaller companies. Identifying the right talent and team is the best investment one can make.

[stephenfloyd]

I built my own landscape company over the past 19 years, I can attest to the wisdom in this video from Pat. We grew on the current year revenue and stayed out of debt.

[vedocapp]

Great content! It took us 2 years to build a team. Most people settle for a good paying job. The risk route is where its at.

[philippeplouchart]

This is great, very savvy. That’s why America survives business ups and downs. There’s great hope for starting and maintaining any business.

[Scooby-Snacks]

These are the type of videos I appreciate the most. Thank you

[patrikk]

Thank you Pat, for all your content! It’s educational, motivational and entertaining!

[williamkamara]

Valuetainment/pat is my business I'm a fuel dealer running with gas ⛽ stations for 7 years now, your videos have helped me a lot. I am in Sierra Leone West Africa

[jahspazz]

amazing examples, thank sm pat. you've been so helpful as a start up company these past months. My business Artist Shoppers grew immensely when I focused less on comferting things such as a big office space etc.

[drichs]

Such invaluable advice for any new and inspiring entrepreneurs! Thank you Pat!

[TonyMoze]

we are back to the 1:1 videos where Pat talks business with us!

Let’s Friggin’ 🔥 🔥 🔥