December 22, 2023
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In this clip, Vlad and Patrick Bet-David chat about the philosophy of strategic long-term planning, likening it to a chess player planning their moves ahead. Vlad believes that successful people often plan far into the future, with wealthy individuals typically planning for even after their lifetime. Referencing his own experience, he achieved different financial milestones, examined how generational wealth was managed, and used the lessons he learned from reading "The Ultimate Gift" by Jim Stovall. Patrick asserts that the key to everything is sequencing, comparing it to various professions, from coaching to coding. He implores individuals to think several steps ahead, just like in a chess game or a business negotiation, and prioritize the sequencing of their response, actions, and planning.
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