How to Build a Nine-Figure Net Worth (PBD Interview)

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In this Nomad Capitalist interview, Patrick Bet-David reveals the mindset and formula for building a successful business, one that could ultimately lead to you achieving a nine-figure net worth. Mr. Bet-David and Mr. Henderson also discuss key traits of successful entrepreneurs and contrast them with modern-day influencers who are dabbling in entrepreneurship.

00:30 PBD's Motivation and Drive
02:09 Meaning of Chasing Capacity
03:11 Focus vs. Distraction in Business
05:07 Entrepreneurs and Influencers

Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[queenwarrior]

I know a few self made 9 figures businessman..they all in a very niche indusry and focus on one business/industry then grow from there.

[Ctrl_Del_]

"Maybe there is a bigger thing you are put here (for) to do".
These words hit home for me. For the longest time I lived, feeling without purpose, without a greater goal to work towards until my life went into a whirlwind.
I lost almost everything but I gained something more beautiful and valuable. Finally I started to build myself. I completely changed everything in my life. The only thing left from my ""old" life is one friend.
And last February I found my greater greater purpose only a few months before my 56th birthday.... and it is growing and growing.
It feels like a volcano waiting to erupt.
I have finally found my place in this world. A meaningful place. I am almost there.

[erniesulovic]

Love how he said who cares what the competitors are doing, and to rather focus on my capacity. I have been that way all along. I don't really have any major competitors, so I am doing my own thing. Is it more difficult? Sure, yet long term, I know I'm going to get to where I want to get with ppl beside me.

[gerasmus]

"It's me versus me", damn right, this should be taught in schools.

[JXZ-JAM]

The focus can be hard, spread yourself thin and you don't grow and become overwhelmed. There's so many demands these days in the modern world. But its best to learn how to master the best Hot Dog first before you try the Burger, Cheese Burger, Steak, Salad, Pasta Dish, brisket, fish tacos, 5 course at once.

[mattanderson]

Woooah!!!
Amazing guests, I love PBD!!
Thanks Andrew

[tntfyah]

Where can I find the full interview? On the nomad capitalist or PBD channel/podcast?

[tiomoidofangle]

Being a passive investor more suits my native indolence. Some people think of Sloth as a Deadly Sin; I think of it as more of an aspirational lifestyle.

[glenndoty]

Spot on! Building it is the best and only part !

[GrantStinnett]

People don't want a Wholistic Professional to help them. They want a specialist who is focused at being great at what they do.

[ThrowBackZone]

Controversial opinion: I think Canada's weather is underrated! But seriously, the idea of escaping harsh winters for a better quality of life is really compelling. ☀🌴

[Kieranvl]

Didn’t PBD own an MLM insurance agency?

[annthrockmorton]

Gulp! I wasn't Subscribed! 😮
Glad I fixed that!! 😊

[elyon]

Keep playing with Monopoly Money!

Keep playing rich!

This is also why the word is in Chaos!

For being business men, how do they not know what a dollar is?

[SushilaSingh-xvjn]

Please help me to open a single parent group

[iamaleena]

I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stock market but now making around
$10k to $15k every week trading different stock and cryptos.

[ThomasBoyd-losi]

Duncan Mcphee Lawyer Age 54 do it no Thomas. Matthew Smith computing Lecturer Age 60 retired he sacked in Scotland Labour government in England London. Awesome thanks. Lawyer honest Thomas. He knows Matthew Smith computing Lecturer Age 60 retired do it.

[NoorD]

If someone has a 8 or 9 figure net worth you should know that they have cut corners, cheated, or dealt with money in an unethical way.

[tommy]

2nd Collaboration with PBD, must be good! The 1st with him in early 2021 was awesome!