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PBD Podcast

Blackwater founder Erik Prince | PBD Podcast | Ep. 372

PBD Podcast

PBD Podcast

Business

4.44.1K Ratings

🗓️ 29 February 2024

⏱️ 131 minutes

🧾️ Download transcript

Summary

Patrick Bet-David sits down one-on-one with Blackwater founder Erik Prince. Erik Dean Prince is an American businessman, former U.S. Navy SEAL officer, and the founder of the private military company Blackwater. He served as Blackwater's CEO until 2009 and as its chairman until its sale to a group of investors in 2010. Prince heads the private equity firm Frontier Resource Group and was chairman of the Hong Kong-listed Frontier Services Group until 2021.


TIMESTAMPS

  • 3:47 - Erik's background and his family's business success.
  • 11:19 - Erik discusses why he founded Blackwater.
  • 16:27 - Erik explains who Blackwater's first client was.
  • 27:02 - How the United Nation's hypocrisy led to Blackwater's founding.
  • 29:57 - How the bombing of the U.S.S. Cole led to Blackwater's landing a $7 million a year military contract.
  • 34:27 - The difference between a country's nationals fighting for their countries vs hiring a Private Military Company.
  • 41:26 - Was Blackwater better at training soldiers than the U.S. government?
  • 54:27 - Is there an oath soldiers took to train with Blackwater.
  • 55:16 - Erik discusses the CIA's role in the Ukraine vs Russia war.
  • 1:05:18 - Erik explains why he left defense contracting.
  • 1:14:32 - Was Blackwater hired to train soldiers for The Wagner Group?
  • 1:22:52 - Erik claims a Chinese Cyber Attack was behind the AT&T outage.
  • 1:34:31 - Did "Leave the World Behind" predict a future cyber attack on the U.S. electric grid?
  • 1:41:07 - Erik discusses which social and political issues Americans are united on.
  • 1:48:52 - Erik explains who was behind the Cinema Rex fire that started the Iranian revolution.


MINNECT:

  • Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE
  • Connect with Patrick on Minnect: https://bit.ly/3OoiGIC
  • Connect with Tom on Minnect: https://bit.ly/3UgJjmR
  • Connect with Vincent on Minnect: https://bit.ly/47TFCXq
  • Connect with Adam on Minnect: https://bit.ly/42mnnc4


CHOOSE YOUR ENEMIES WISELY:

  • Purchase PBD's Book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD


BET-DAVID CONSULTING:

  • Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz'


VT.COM:

  • Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz


VALUETAINMENT UNIVERSITY:

  • Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0


TEXT US:

  • Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!


YOUR NEXT 5 MOVES:

  • Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m


ABOUT US:

  • Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Transcript

Click on a timestamp to play from that location

0:00.0

30 seconds.

0:01.0

Did you ever think you would make good?

0:04.0

I feel I'm so much like it takes sweet the story.

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I know this life meant for me.

0:10.0

Yeah, why would you bet on Goliath when we got bet David?

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Valuetainment, given values contagious, this world of entrepreneurs, we get no value to

0:18.3

hate us.

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0:28.0

Okay, we got an interesting guest today. Let me tell you why.

0:29.0

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...

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