The Biggest Reason Most Businesses Fail

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In this video, Patrick Bet-David reveals the biggest reason why most businesses fail, and what you can do to prevent it. Get the limited edition hats here: vtmerch.com/collections/futur...
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Пікірлер: 584

  • @VALUETAINMENT
    @VALUETAINMENT Жыл бұрын

    Get the limited edition hats here: vtmerch.com/collections/future-looks-bright-signature-collection

  • @sandibenec

    @sandibenec

    Жыл бұрын

    This is great but the shipping to Slovenia costs 74 usd 😊

  • @rocobear5709

    @rocobear5709

    Жыл бұрын

    Pat, interview RICK CARUSO and I will buy a hat and a book!

  • @idolatrystudios

    @idolatrystudios

    Жыл бұрын

    This was a fantastic video. Thank you very much for posting it

  • @yamafanboy

    @yamafanboy

    Жыл бұрын

    OHHHHHHH YEAHHHH BABYYYY PBD IS BACK!!! Welcome to the REAL valutainment youtube channel ladies and gentlemen. This is the type of content that made me subscribe way back before the days of the red 1M Subscriber pillow.

  • @masternobody1896

    @masternobody1896

    Жыл бұрын

    sometimes andrew tate is wrong. but warren buffet is better

  • @frankhenry10x
    @frankhenry10x Жыл бұрын

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

  • @brad2943

    @brad2943

    Жыл бұрын

    Thank you

  • @kloud1174

    @kloud1174

    Жыл бұрын

    Thanks bro

  • @jmm1817

    @jmm1817

    Жыл бұрын

    Thank you. Basically Common Sense. Been implementing for almost 30 years now

  • @frankhenry10x

    @frankhenry10x

    Жыл бұрын

    @@jmm1817 agreed

  • @shacabweynaha801

    @shacabweynaha801

    Жыл бұрын

    @@jmm1817 sometime the basic common sense is always overlooked

  • @mendoza2489
    @mendoza2489 Жыл бұрын

    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.

  • @fishhuntadventure

    @fishhuntadventure

    Жыл бұрын

    There’s some pleasure when you can afford the Bentley I suppose… but really- having some freedom to choose or a lot of freedom to choose is the greatest satisfaction of all

  • @johngalt1967

    @johngalt1967

    Жыл бұрын

    Drive it till the wheels fall off, that's my motto!

  • @kayots

    @kayots

    Жыл бұрын

    he probably doubted the validity of your statement since you rejected to give him pocket change.

  • @JJ38255

    @JJ38255

    Жыл бұрын

    Most, not all , but most of those people driving the expensive luxury cars are just pretending to be rich or they financed the thing or they have a fairly high income but it's a big hat and no cattle situation. That kid watches too much social media and mtv. Needs to come back to reality

  • @mendoza2489

    @mendoza2489

    Жыл бұрын

    @@kayots lol

  • @rodneymyers6728
    @rodneymyers6728 Жыл бұрын

    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!

  • @tortureddummies1672

    @tortureddummies1672

    Жыл бұрын

    What is your business?

  • @Ruslantwotimes4790
    @Ruslantwotimes4790 Жыл бұрын

    This guy is the biggest role model for young men💯

  • @KidCity1985

    @KidCity1985

    Жыл бұрын

    And old woman, like me!

  • @ThuIaniNgobeni

    @ThuIaniNgobeni

    Жыл бұрын

    true story

  • @EnglishEvolution

    @EnglishEvolution

    Жыл бұрын

    @@KidCity1985 i love his content

  • @thejayperspective9781

    @thejayperspective9781

    Жыл бұрын

    Agreed( from South Africa). Salute!

  • @samgarretson

    @samgarretson

    Жыл бұрын

    And hes a good one!

  • @baretteroyce5120
    @baretteroyce5120 Жыл бұрын

    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

  • @BlenderPhysics

    @BlenderPhysics

    Жыл бұрын

    I totally understand. But sometimes learning the hard way is the best way!

  • @online82witness

    @online82witness

    Жыл бұрын

    Thank you for having a second point of view of similar experiences.

  • @XPLAINMYNAME

    @XPLAINMYNAME

    Жыл бұрын

    What business you in ?

  • @Vex916T

    @Vex916T

    Жыл бұрын

    Best thing I learned from my business mistakes... just don't make the same mistake again.

  • @EliteAutomation
    @EliteAutomation Жыл бұрын

    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

  • @kingboye2752

    @kingboye2752

    Жыл бұрын

    Impressive

  • @kingboye2752

    @kingboye2752

    Жыл бұрын

    @@Th3odora even IF he did….. pbd still had positive influence in him making a million

  • @SteveMiguel

    @SteveMiguel

    Жыл бұрын

    Awesome case study/testimonial right here!

  • @Corrabeauty
    @Corrabeauty Жыл бұрын

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

  • @edwarddick9673

    @edwarddick9673

    Жыл бұрын

    Very true Ann. I virtually lost my capital when I started out investing and trying to build my portfolio but with Levi Clemans’ guidance it’s been a better experience.

  • @edwarddick9673

    @edwarddick9673

    Жыл бұрын

    @David Bucker Sure! I'm not dishing out life nor financial advice but expert guidance is important and sometimes the deep end is where you discover where your true grit and it doesn't always have to get to that. Reach him to get acqauinted

  • @edwarddick9673

    @edwarddick9673

    Жыл бұрын

    Leviclemans(a)Gmai Lcom...even with the commissions i'm still raking earnings.

  • @Kantor895

    @Kantor895

    Жыл бұрын

    With Clemans’ help, I've understood the rudiments of trading and trust me, at this rate I’m breaking financial barriers.

  • @Ferocious923

    @Ferocious923

    Жыл бұрын

    @@edwarddick9673I immensely thank you for the recommendation. It's of great help to me. Thank you.

  • @Charlie_Alpha_Lima
    @Charlie_Alpha_Lima Жыл бұрын

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

  • @firefightr_spike3846
    @firefightr_spike3846 Жыл бұрын

    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!!

  • @georgeanderson3980
    @georgeanderson3980 Жыл бұрын

    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

  • @stealingmark995

    @stealingmark995

    Жыл бұрын

    It's weird how people talk about all the profits they've made through crypto trading, while I'm here with huge losses. Please can someone guide me to the right path or at least advise me on which strategy to follow?

  • @christabelcooper9174

    @christabelcooper9174

    Жыл бұрын

    @@stealingmark995 I have been earning monthly passive income with cryptocurrencies for more than a year, although I prefer to trade with the help of a professional broker because it saves my time and reduces the risk of losing funds in trading, since we all know how volatile the market is.

  • @christianawinston7545

    @christianawinston7545

    Жыл бұрын

    I am a crypto newbie and have some crypto in my wallet but I am afraid of losing my funds due to the recent crash.

  • @Smalzlanky

    @Smalzlanky

    Жыл бұрын

    @@christianawinston7545 No need to panic if you plan on a long-term holding, but if you hope to earn passive income from the coins you have in your wallet, it is recommended that you have a genuine professional broker manage your account.

  • @christianawinston7545

    @christianawinston7545

    Жыл бұрын

    @@Smalzlanky I am hoping to earn passive income maybe weekly or monthly... Can you suggest a genuine broker?

  • @patrikk3271
    @patrikk3271 Жыл бұрын

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

  • @drich1s
    @drich1s Жыл бұрын

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

  • @Scooby-Snacks
    @Scooby-Snacks Жыл бұрын

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

  • @timgribble2699
    @timgribble2699 Жыл бұрын

    Thank you Patrick for your invaluable content and encouragement as always.

  • @MoneyTalkwithMP
    @MoneyTalkwithMP Жыл бұрын

    Great valuable information. Appreciate you dropping the gems!

  • @JorgeMorales-xd2us
    @JorgeMorales-xd2us Жыл бұрын

    Hey Pad!!!! Love to see all but all your content. I follow you everywhere. Keep doing it because you are killing it.

  • @BrianClaypool
    @BrianClaypool Жыл бұрын

    Love It Brother! This is so right on.

  • @jahspazz6010
    @jahspazz6010 Жыл бұрын

    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.

  • @stone420
    @stone420 Жыл бұрын

    Pat.. thank you my friend. You are a Real inspiration for everyone brother. 👊🏼✊🏼😎

  • @bandana4814
    @bandana4814 Жыл бұрын

    Keep the content coming Pat!!!

  • @officialtobinshort
    @officialtobinshort Жыл бұрын

    Love it, Pat. Thank you for the tips. I also love the stories like when you were cooking for the guys in your apartment because we hear them all the time from those you started with. Shows how great you've been as a servant leader. Thank you!

  • @Sajin688
    @Sajin688 Жыл бұрын

    Good morning Patrick, hope all is well with you and your family. Stay well my friend. Keep on keepin on

  • @vedocapp
    @vedocapp Жыл бұрын

    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.

  • @Bkkriversidelifestyle
    @Bkkriversidelifestyle Жыл бұрын

    EXCELLENT CONTENT PATRICK, THANK YOU SO MUCH FOR ALL THE GREAT ADVICE & TIPS. ALL THE BEST

  • @TheSJVF
    @TheSJVF Жыл бұрын

    This is the content that made me a big fan. True business talk. Love the other content too btw.

  • @bryanderas351
    @bryanderas351 Жыл бұрын

    thank you for the wisdom!!! much apreciated!

  • @so145
    @so145 Жыл бұрын

    Thank you I needed it

  • @christopherresmini8254
    @christopherresmini8254 Жыл бұрын

    This advice is so valuable. Thank you for sharing this information!

  • @ThuIaniNgobeni
    @ThuIaniNgobeni Жыл бұрын

    this is amazing, how is Pat giving out this advice for free on the internet? wow

  • @justino.75
    @justino.75 Жыл бұрын

    Pat living up to his channels name! Thank you for the valuetainment sir!

  • @williamkamara5034
    @williamkamara5034 Жыл бұрын

    Valuetainment/pat is my business coach..... 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

  • @Dougkim916
    @Dougkim916 Жыл бұрын

    PBD always bringing the heat! Thank you Sir! #PBD

  • @RayMrCustumerService
    @RayMrCustumerService Жыл бұрын

    Music to my ears! Th am you PBD! You are the best!

  • @agnsprinting
    @agnsprinting Жыл бұрын

    More content like this Pat! This the type of stuff I became of fan of you. God bless

  • @NotAnnaJones
    @NotAnnaJones Жыл бұрын

    Great video, thank you.

  • @matthewboys3165
    @matthewboys3165 Жыл бұрын

    This is some of your best content Patrick!

  • @illuminatu5176
    @illuminatu5176 Жыл бұрын

    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.

  • @hedonist7962

    @hedonist7962

    Жыл бұрын

    You didn't watch the video did you? 6 minutes into a 17 minute video... And you have a business you say?

  • @illuminatu5176

    @illuminatu5176

    Жыл бұрын

    @@hedonist7962 I specified salaried employees, there's a huge difference between outsource and the 9-5 worker. When you're starting out, avoid the 9-5 worker. That was clear in the video. I operate out of the EU, so employment laws are tricky.. you can't fire at will. You can't fire people for a bad attitude or negativity (a. However, you do need individuals to grow your business, so outsourcing when starting up is the way to go. Rope them full time in when you have better cashflow, and have judged their character and work. And yes, I do have a very successful business by all metrics.

  • @praise_asalikeze
    @praise_asalikeze Жыл бұрын

    this man speaks what needs to be heard and done. I am definitely taking these ideas

  • @gobindakc5888
    @gobindakc5888 Жыл бұрын

    Thank you Patrick you inspired me and change my life you're a life saver. The value you provide I can't explain in text.

  • @billycasimir1469
    @billycasimir1469 Жыл бұрын

    The mentor I’ve never met. Thank you so much Pat!

  • @Make_Changes85
    @Make_Changes85 Жыл бұрын

    Thank you Pat for the advice!! Top P

  • @rohangt1
    @rohangt1 Жыл бұрын

    Hey Pat, you did a great favor by reducing my anxiety on this to almost 0. Thank You very Much. I watched the complete video

  • @tjdavid12
    @tjdavid12 Жыл бұрын

    Thank you Pat. GOLD CONTENT

  • @muyiwa508
    @muyiwa508 Жыл бұрын

    Great content!

  • @mutulicaaa
    @mutulicaaa Жыл бұрын

    Thank you Mr. PBD!

  • @stephenfloyd3522
    @stephenfloyd3522 Жыл бұрын

    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.

  • @philippeplouchart8156
    @philippeplouchart8156 Жыл бұрын

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

  • @docwill184
    @docwill184 Жыл бұрын

    Just discovered this guy; don't even know how. Great interviews; he knows his listeners' questions and follow-ups..

  • @youmayberight2434
    @youmayberight2434 Жыл бұрын

    Thank you.

  • @benhardwick1601
    @benhardwick1601 Жыл бұрын

    Thanks Pat!

  • @furqanshafiofficial
    @furqanshafiofficial4 ай бұрын

    Precious Content and every businessman should watch this video. Loving it

  • @CrashLarue
    @CrashLarue Жыл бұрын

    Thank you Patrick

  • @gsingson3
    @gsingson35 күн бұрын

    very good info. I've subscribed

  • @cnaccio
    @cnaccio Жыл бұрын

    This is the most raw and practical advice for an entrepreneur; spot on!

  • @harichandlal7205
    @harichandlal7205 Жыл бұрын

    God Bless you !!! Prayers for more success for you! 🙏

  • @engine2truck6
    @engine2truck6 Жыл бұрын

    Thank you

  • @Loudandproudcast881
    @Loudandproudcast881 Жыл бұрын

    Been watching you since I was 16 years old, amazing how far you've com pat!

  • @brianedghill2027
    @brianedghill2027 Жыл бұрын

    Praying you and your family are safe and well 🙏🏾❤️ what a storm

  • @toxichammertoe8696
    @toxichammertoe8696 Жыл бұрын

    This is exactly what I was looking for, and never even thought of, Thanx

  • @skysevensstudio3332
    @skysevensstudio3332 Жыл бұрын

    Great content Parto,it's relieving & eye opening insghts to all of us who aspire to be enterprenuers,👍👍.

  • @g.k.s.8336
    @g.k.s.8336 Жыл бұрын

    Been following u for a while now. I can say your the only genuine mentor for business

  • @thomaslindsey7685
    @thomaslindsey7685 Жыл бұрын

    I very much like your energy, stories and assertiveness. . Wish I was your friend when I was a young man. Please keep up these great videos.

  • @phantomfpss
    @phantomfpss Жыл бұрын

    This is Gold and so true!. My business has 6 years but I recognize I'm still having trouble to deal with issue number 7

  • @TSES89
    @TSES89 Жыл бұрын

    A lot of information for free.. Thanks pat ❤️💪🏿

  • @CesarGalanYT
    @CesarGalanYT Жыл бұрын

    Simply priceless. You sir are amazing.

  • @mikemcgeehan4321
    @mikemcgeehan4321 Жыл бұрын

    Great points.

  • @raykleiner3151
    @raykleiner31519 ай бұрын

    As always your are on point.

  • @aaron80769
    @aaron80769 Жыл бұрын

    I just clicked on the video and I already know you’re spot on! Like your videos

  • @dirtonthetrack
    @dirtonthetrack Жыл бұрын

    on point !

  • @skysevensstudio3332
    @skysevensstudio3332 Жыл бұрын

    Parto i've been following you for quite some time now & you have turned out to be the great business coach of all time,looking forward for your future linkage,👍👍❤❤.

  • @AR7_Crypto
    @AR7_Crypto Жыл бұрын

    Wow, incredible video. Thank you

  • @entre9199
    @entre9199 Жыл бұрын

    Been with you since the first 1,000 subs. Still love these quality vids.

  • @entre9199

    @entre9199

    Жыл бұрын

    When will you scammers stop the cap

  • @TonyMoze
    @TonyMoze Жыл бұрын

    Annnnnnd we are back to the 1:1 videos where Pat talks business with us! Let’s Friggin’ go!!!!!!!!! 🔥 🔥 🔥

  • @Pokevolver
    @Pokevolver Жыл бұрын

    Hi Patrick, I love this breakdown of what traps to avoid spending money on!! I learned a lot! As a start up business, I find myself always questioning what is most important to spend money on in the beginning to stretch the dollar as far as possible. Could you please give a list like this on the most important things to focus on & spend money on in the first couple years of business?

  • @MyApadana
    @MyApadana Жыл бұрын

    Pat your are legend as honest and helpful I find out you are different with others which from bottom my heart God bless you man.thank you

  • @creatingdigitalassets
    @creatingdigitalassets Жыл бұрын

    So good!

  • @armelromelus8529
    @armelromelus8529 Жыл бұрын

    These are great advice.

  • @debangsubanerjee2155
    @debangsubanerjee2155 Жыл бұрын

    Powerful Pat, accurate, one more time.

  • @eezaka2791
    @eezaka2791 Жыл бұрын

    great message even in lifestyle not just business. teens and young men need to learn from early

  • @undwye
    @undwye Жыл бұрын

    Thank you for the incredible content Pat! Just bought my hat and a I'm an Entrepreneur ship. Excited to receive them soon.

  • @valuetainment3701

    @valuetainment3701

    Жыл бұрын

    Reach out for more updates and assistant on cryptography strategies ⬆️

  • @fulfanueltubuah9596
    @fulfanueltubuah9596 Жыл бұрын

    Not only for startups Good message from a good man Thank you sir , watching from Africa

  • @nafeesahnaf2387
    @nafeesahnaf2387 Жыл бұрын

    One of your best video.

  • @doppschiropracticderby7816
    @doppschiropracticderby7816 Жыл бұрын

    Pat you are the MAN!

  • @D_one
    @D_one Жыл бұрын

    I started a business eight years ago failed since Covid I’ve been watching Pat bet/ David And this guy is truly onto some thing I have made my first million dollars and I haven’t stopped going since a lot of with this guy says is the basics but people forget the basics

  • @ElyWaves.
    @ElyWaves. Жыл бұрын

    Love the consulting advice. I’m a consultant/advertising service and I basically made my pricing on the month by month level instead of a big amount up front for that exact reason. It gives the client much more leg room to learn to trust me and trust what I’m doing. And if their product isn’t good and we can’t do much, then little harm is done and they have some new information to build from

  • @brandon7527
    @brandon7527 Жыл бұрын

    Patrick you are bang on.

  • @silvesteinrmartin
    @silvesteinrmartin Жыл бұрын

    awesome advice, I would love to join if I could afford it but I am a start-up, I watch everything from you, love from GERMANY!

  • @joig7242
    @joig7242 Жыл бұрын

    Good advices

  • @miranaradivojevic469
    @miranaradivojevic469 Жыл бұрын

    Amazing rules. I’ve seen all of this in a startup

  • @XEvolutionXXX
    @XEvolutionXXX Жыл бұрын

    Pat, thank you for such a great content as always. 😂😂👍👍

  • @georgeanderson3980
    @georgeanderson3980 Жыл бұрын

    Wow!! Nice to meet people who also traded with her, she is indeed genuine and will gently guide you until you understand everything.

  • @briangeorge3862
    @briangeorge3862 Жыл бұрын

    Ordered red can’t wait to get it

  • @anthonyvillalpando365
    @anthonyvillalpando365 Жыл бұрын

    Thanks Mr. Pat we have different business but same mind set for a bright future God bless you and your family always 🙏

  • @evangelistopoku6544
    @evangelistopoku6544 Жыл бұрын

    Great video

  • @seamesa4829
    @seamesa4829 Жыл бұрын

    Love It. Thanks PBD Respect. Most people want to be flashy business people. Stretching the dollar helps keep capital for other things.

  • @claudiamiranda8447
    @claudiamiranda8447 Жыл бұрын

    Mr. Pat, I’m in!!

  • @danielalam1360
    @danielalam1360 Жыл бұрын

    I love you Patrik 🙌🙌

  • @dm3988
    @dm3988 Жыл бұрын

    Very good video.

  • @pup4301
    @pup4301 Жыл бұрын

    Best video on the channel. Reminds me of the path way that Microsoft kinda took at the beginning of business as well as how indie game companies work at their beginning stages.