Latest / Success Story with Scott Clary / Lessons - Where do 9-Figure Entrepreneurs Get Advice? | Patrick Bet-David - Author, Speaker & Podcaster
Transcript
- 0:00You mentioned that Napoleon Hill's book is something that you would have used and you
- 0:17would have recommended for people that are earlier on in their journey, whatever that may
- 0:21be.
- 0:23What is something that you rely on now?
- 0:25You speak to some of the most incredible people of our time.
- 0:28Where do you go to learn?
- 0:30I have advisors, I have a whole board, I have people that give me direction, I have people
- 0:36that have bounce ideas off of on a daily basis, I have people that I'm held accountable
- 0:40to, I have funds of people that have $2 billion who rely on me to make the right decision.
- 0:45So many times I'll call them and I'll bounce an idea, so what do you think about this,
- 0:48what do you think about that?
- 0:49So what if we take this route, what if we take that route, I have several people around
- 0:53me that on a monthly basis, I go and process issues with.
- 0:58And this has always been the case for me, once I figured this part out, I mean it's
- 1:01painting behind me, every day I come to work, I look at this painting behind me.
- 1:05That's Milton Friedman, Martin Luther King, the Shah Senna, that's myself, Tupac Lincoln,
- 1:09Kennedy, and Einstein, and there's a bunch of different hidden messages in there.
- 1:13I had this custom made by a local painter here every time I come to work, I look at these
- 1:18guys and I'm thinking, what would he do, what would she do, what is he thinking about?
- 1:23How would he handle a situation like this?
- 1:25But I have a lot of living mentors who advise me in many different aspects of my life and
- 1:32some may give me counsel on marriage, but I'll never take advice from them on business.
- 1:37Some may give me counsel on business, but I will never take advice from them on marriage
- 1:40that makes sense.
- 1:41You don't take advice from somebody on all aspects of your life.
- 1:45Some may give me a spiritual message, but I would never take message from them physically
- 1:49because they're out of shape.
- 1:50Some may give me a physically in shape, address on their advice because they're in shape,
- 1:56but I wouldn't take any advice from them on any other aspect of life.
- 1:59You have to know who's giving you the advice based on the credit history they have of being
- 2:04an expert in that topic and if you do that properly, you'll typically get the right kind
- 2:08of counsel.
- 2:09Unfortunately, too many people take advice from the wrong people.
- 2:11These times, what these times are exploiting is you're realizing whose counsel isn't ever
- 2:19green.
- 2:20You get a lot of people on social media that are great at saying caches trash, caches
- 2:24trash, caches trash, caches trash, caches trash, and people are like, oh, that's right.
- 2:29Cash is trash.
- 2:30I don't see a single person worldwide saying caches trash right now.
- 2:34Everybody wishes they had more cash.
- 2:36You can say caches trash when the economy's going up and the economy expansion is 129
- 2:41months straight.
- 2:42You cannot say caches trash today.
- 2:44You can say real estate is the American dream, real estate is the American dream, real estate
- 2:49is not the American dream.
- 2:52Entrepreneurship and equity only the piece of a company, that's the American dream, not
- 2:56real estate.
- 2:57It's an element.
- 2:58It is not the American dream.
- 3:00All these people countered on real estate to create their wealth.
- 3:03How many people are doing reports right now?
- 3:04There's going to be more people being laid on their payments today in America than ever
- 3:08before.
- 3:09Yeah, people that say don't study politics.
- 3:12I stay away from politics.
- 3:13I used to subscribe to that mindset until I read a quote by Plato that says, those who think
- 3:17it's foolish to study politics will be governed by fools who do.
- 3:23Let me say it one more time.
- 3:24Those who think it's foolish to study politics will be governed by fools who do.
- 3:31So you think it's foolish, you're not going to study politics.
- 3:34A fool is going to study politics.
- 3:36He or she will govern you.
- 3:38Now you have to do what they tell you to do because their laws dictate the land.
- 3:41So if you don't study politics, you may be voting the wrong people in just because you
- 3:44like them.
- 3:45You don't understand their policy.
- 3:46But I like the way he sounds.
- 3:48He sounds good.
- 3:49So no, you got to question everything and see which people's advice and counsel is evergreen
- 3:54and more latch on to that and eliminate 90% of influencers who are just talking and they're
- 4:00loudmouthed with no value behind it and you're realizing they have some cracks in their
- 4:05philosophies.
- 4:06You got to kind of identify them.
- 4:07By the way, that means filtering anybody, that includes myself.
- 4:10You got to get your own philosophies in place by watching and listening to the right people.
- 4:14So that's what I'd say to you.
- 4:16How do you find those people?
- 4:17What's like, how do you like get rid of all the BS?
- 4:20Great question.
- 4:22You said you got a girlfriend, so I'm assuming you're not married with kids.
- 4:25No, no, no.
- 4:26Okay.
- 4:27So in life, we get judged on a lot of different things.
- 4:32When we were younger, our parents worried about who were our friends, who your friends
- 4:38were, you were judged on who you are.
- 4:40Are you hang out with those guys?
- 4:42Okay.
- 4:43All right.
- 4:44That says a lot about you.
- 4:45You're going to get judged on who you're married.
- 4:48You're going to get judged on what career choices you make.
- 4:51You're going to get judged on how you take care of your health.
- 4:54You're also going to get judged on who you take advice from.
- 4:57And at part, there's not a 16 step process on how to do it.
- 5:00Some of it is intuition, but a big part of it is you doing your own due diligence
- 5:03to realize, is this person just kind of saying this to make money off me or what's this
- 5:09person's motive?
- 5:10Yeah.
- 5:11I always go back to motive.
- 5:12What is this person's motive?
- 5:13Okay.
- 5:14The woman marries me.
- 5:15I have money.
- 5:16Her motive is she wants to be with somebody that secures that a bad thing.
- 5:20No.
- 5:21Okay.
- 5:22Let me see if there's a deeper reason why she wants to be with me.
- 5:23Okay.
- 5:24I see the motive here.
- 5:25She wants her kids to be safe.
- 5:26That's a safe.
- 5:27No.
- 5:28No.
- 5:29But I would want my daughter to think about that as well.
- 5:30Yeah.
- 5:31If you go back to motive, it reveals a ton.
- 5:34Always go back to motive.
- 5:35If the motive is just for you to buy another of their products, well, eventually you
- 5:40kind of know where the motivation is.
- 5:42If the motive is bigger and it's a certain sense of doing something that's a form of persuasion,
- 5:49not manipulation because manipulation, I when you lose persuasions, I when you win,
- 5:53well, then that's kind of effective.
- 5:55I'm good with that.
- 5:56But if it's only one sided, I'm not good with that because that's a lot of side of
- 5:59victory that only benefits one person.
- 6:01It's going to be a big part of your intuition and figuring out ways to filter things out
- 6:04and that means studying what their motives are.
- 6:07Typically, when you do that, a lot will be revealed.
- 6:09I love it.
- 6:10Last question, respectful of your time.
- 6:13This is a vanilla question, but I love it.
- 6:16One question, one factor, one thing that you tell your 20 year old self that would change
- 6:24your life for the better.
- 6:27Try to be as aligned as possible in life.
- 6:31Here's what I mean by alignment.
- 6:34I'm all about values and principles.
- 6:36Once my life, I live based on my values and principles, I sleep on a soft pillow.
- 6:43The moment I might behavior doesn't match the values and principles that I claim I live
- 6:50by, that's when you have internal conflicts.
- 6:53When you start having internal conflicts, you can't get along with other people and
- 6:58get not get along with everybody else has nothing to do with everybody else.
- 7:01You're having the biggest battle with yourself.
- 7:03But the moment you figure out a way that your behavior matches the values and principles
- 7:07that you have subscribed to, you are fulfilled, you're confident, people feel the confidence
- 7:12in your eyes and your spirit and the way you move and that creates a following, that creates
- 7:16certainty, that brings poise that helps you get to the next level.
- 7:20So I kind of tell my own self, figure out a way to be aligned, your behavior matching
- 7:25your values and principles and a lot of good things are going to happen in your life.
- 7:28Awesome.
- 7:29Thank you, man.
- 7:30Patrick, how do people contact you, learn more about your attainment if they haven't
- 7:35checked it out already?
- 7:36Yeah, well, I'll tell you the first thing right now is I've got a book coming out with
- 7:39Simon and Schusser that we've been working on for the last five years called Your Next
- 7:42Five Moves.
- 7:44This is kind of what people have been asking me about again to write.
- 7:49This is a five step process for you to identify your next 15 moves.
- 7:53You know, the average chess player knows they're one to next three moves, one with three moves,
- 7:58throws no five moves, masters no 10 moves, grand masters no 10 or 15 moves.
- 8:02In this book, you're going to get the formula on how I identify at any phase of my life.
- 8:08My next 10, 15 moves, so by the time you're down reading it, you'll know exactly what your
- 8:11next 15 moves are.
- 8:12So the title of the book is Your Next Five Moves and you can find that anywhere, it'll
- 8:17be launched June 30th, but you can already buy them at Barnes & Noble at Simon and Schusser
- 8:22or Amazon.
- 8:23Awesome.
- 8:24So next, next five move you said, next five moves.
- 8:26Your next five moves.
- 8:27Your next five moves.
- 8:28All right.
- 8:29Or at value payment.
- 8:30You got it.
- 8:31Yep.
- 8:32Your website.
- 8:33If you go type an entrepreneur on YouTube channel, you'll find us.