Patrick Bet-David was born in Tehran, Iran, on July 5, 1971. His family immigrated to the United States when he was three years old, settling in Los Angeles, California. From an early age, Bet-David displayed an entrepreneurial spirit, starting a small business selling candy at his elementary school.
He attended California State University, Northridge, where he earned a Bachelor's degree in Business Administration. After graduating, he embarked on a career in financial planning and wealth management.
In 1999, Bet-David founded PHP Agency, an insurance and financial services firm. Under his leadership, PHP Agency grew rapidly, becoming one of the largest insurance brokerages in the United States.
In 2012, Bet-David launched Valuetainment, a media company focused on business education and personal development. Valuetainment's content includes podcasts, videos, and online courses that provide insights and strategies for entrepreneurs and individuals looking to improve their lives.
In 2017, Bet-David established PBD Capital, a private equity firm that invests in businesses with high growth potential. PBD Capital's portfolio includes companies in various industries, including real estate, technology, and consumer products.
Bet-David is an active philanthropist, supporting organizations that promote education, entrepreneurship, and community development. In 2018, he established the Patrick Bet-David Foundation, which provides scholarships to underprivileged students and funding for entrepreneurship initiatives.
In addition to his business ventures, Bet-David is a sought-after motivational speaker. He has delivered keynote speeches at numerous conferences and events, sharing his insights on success, mindset, and overcoming adversity. His motivational message has inspired countless individuals to pursue their dreams and achieve their full potential.
Bet-David has received numerous awards and accolades for his accomplishments:
Bet-David's success is built on a set of core principles and beliefs:
Bet-David's journey from a refugee to a successful entrepreneur is an inspiring story of resilience and determination. After immigrating to the United States, he faced many challenges and obstacles, but he never gave up on his dreams. He started his own business at a young age and built it into one of the largest insurance brokerages in the country.
In one of his most famous speeches, Bet-David shared the story of how he closed $1 million worth of sales in one day. He had been working on the deal for over a year, and it was about to fall through. However, he refused to give up and made one last effort. He convinced the client to sign the contract, and it changed his life forever.
Bet-David believes strongly in the importance of giving back to the community. He has donated millions of dollars to charities and non-profit organizations. He also established the Patrick Bet-David Foundation, which provides scholarships to underprivileged students and funding for entrepreneurship initiatives.
Based on his own experiences, Bet-David offers the following tips and tricks for success:
Bet-David encourages individuals to:
Company | Industry | Founded |
---|---|---|
PHP Agency | Insurance and financial services | 1999 |
Valuetainment | Media and education | 2012 |
PBD Capital | Private equity | 2017 |
Organization | Mission | Established |
---|---|---|
Patrick Bet-David Foundation | Provides scholarships and funding for entrepreneurs | 2018 |
Award | Year |
---|---|
Entrepreneur of the Year | 2007 |
Ernst & Young's Entrepreneur of the Year | 2011 |
Forbes 400 Richest Americans | 2020 |
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