Lessons - Where do 9-Figure Entrepreneurs Get Advice? | Patrick Bet-David - Author, Speaker & Podcaster

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