Multimillionaire businessperson and investment expert Patrick Bet-David has a profound appreciation for the difficulties parents encounter. Having earned a personal net worth of roughly $200 million, Bet-David is not only a successful individual himself — but he’s also working hard to pass the principles of success on to his kids: Patrick, Dylan, Senna, and Brooklyn.
From Iran to the American Dream
The millionaire was born in Iran and encountered the unrestrained Iranian Revolution as a young person. At the age of 10, Bet-David and his parents migrated to the United States in an attempt to attain the American Dream.
This early contact with struggle and the search for a better life certainly molded his outlook on prosperity. His enrollment in the military after high school taught him discipline, perseverance, and a stout labor ethic inside him. Subsequently, he created PHP Agency Inc., which has become one of the quickest-growing companies in the financial industry.
Inside Bet-David’s Unique Parenting Philosophy
One of the most intriguing aspects of Patrick Bet-David’s parenting philosophy is his use of “pages as currency” within his family. In a world where children are often inundated with digital distractions, Bet-David has found a creative way to promote reading and education.
He explains that at home, currency is pages because books hold the ultimate value. Bet-David’s approach is simple but effective: the more a child reads, the more they can ask for.
Applauding a Genius Approach
Patrick Bet-David’s unique parenting technique has garnered widespread attention and praise. People from various walks of life have applauded his approach, with many expressing their intent to incorporate this strategy into their own parenting.
People shared their own experiences, affirming that similar approaches had been effective in their families. Many people across platforms were nostalgic, commenting upon how their parents instilled similar values in them since childhood.