Patrick Bet-David made the most money in positions #2 through #6, not as the top leader. The #1 role means selling the vision, managing financial stress, and losing sleep over cash-flow crises. The real risk isn't following a proven model; it's doing nothing at all.
Chapters
I don't make a lot of money when I'm the number one guy. The most money I ever made is when I was number 2 through number 6. Think about saying that. Think about taking 52 years to realize, 50 years to realize the most money you ever made was when you were the number 2 guy or number 6 guy. Because there's burden with number one. Number one has got to sell the dream. Number one has got to sell the vision. Number one has got to seem like even though we're about to go out of business, They're at peace, they're calm. They carry the burden. Sleepless nights. Your finances. You can't reveal to people if you're about to run out of money. We're going to make the expenses, we're going to make salaries, we're going to pay payroll. That's the number one. Who wants that burden?
Nobody wants that burden. Funny, our business is so easy. Other people have already done what you consider risk. So for me, I'm like, is it really a risk when it's proven? And then you have to kind of take into account the risk of not doing stuff, in my opinion, is bigger than the risk of doing things.