Patrick Bet-David Quotes

If there is one guarantee in life, it is that there will be heartbreak and then more heartbreak. People will let you down, and it will hurt more when it is people you love and trust...

No matter how brilliant your mind or strategy, if you’re playing a solo game, you’ll always lose out to a team. — Reid Hoffman, cofounder of LinkedIn

Worried genius or happy simpleton? The moment you get caught with the reading bug and learning, you get addicted to it, and you have to know that your mind is going to process stuff and the debate starts happening [in the head] and it’s forever — it never stops. You lose a little bit of happiness when you get too interested in wanting to get certain questions answered in life because it’s never going to end. If you choose to subscribe to wanting to be a lifelong learner you must be ready to lose some happiness and freedom that you once had when you didn’t know everything.

I’ve said countless times that many of the world’s problems are going to be solved by entrepreneurs. The simple reason is that entrepreneurs are problem solvers.

The moment you understand who you will have to spend the rest of your life with and learn to accept it, you’ll eliminate self-judgment, which will empower you to make more bold moves.

Set Your Lions Free, and Empower Them to Build Empires The philosopher Ludwig Wittgenstein said, “If a lion could speak, we could not understand him.” You have to learn how to deal with lions (standout performers). Lions build empires, and they lead people. They’re also going to provide the most revenue and the most headaches. They’re demanding and short-fused. At times, it may seem as though they have no feelings. Many are disorganized and seem to be all over the place.

Know how to process issues.

If you’re going to lose, don’t lose the lesson.

A phrase I use all the time is future truth. It means to live in the present as if your future truth has already become a reality.

The difference between being smart and being wise is that a smart person thinks he knows all the answers while a wise person is comfortable knowing he doesn’t.

The 6 Biggest Mistakes of Business Planning 1. Not having a plan 2. Not examining last year’s plan 3. Not having an enemy that acts like rocket fuel 4. Failing to integrate logic and emotion in the current plan 5. Not making it a living document — don’t use it to manage 6. Not sharing it (so no one could hold you accountable)

You can’t build a world-class headquarters or license the slickest software until you have cash flow.

Assign each new hire to read a book and write a one-page report so you can see how serious they are about working there.

You can shear a sheep a hundred times, but you can skin it only once.

I didn’t realize that, to find the key to my success, exactly what I needed was someone to insult my last name and my father. I learned that I do better fighting for others than for myself.