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Valuetainment

Episode 405: Rituals & Traditions Of A $32 Billion Company

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 23 December 2019

⏱️ 5 minutes

🧾️ Download transcript

Summary

Episode 405: Rituals & Traditions Of A $32 Billion Company by Patrick Bet-David --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:01.0

One time for the under down.

0:04.0

Ignition sequence star.

0:07.0

Let me see you put them up.

0:09.0

Reach the sky to the stars up above because it's one time for the underdow. One time for the underdow.

0:17.0

Almost all great families and all great businesses have rituals. Rituals that they keep, certain traditions that they keep.

0:23.9

You know right now I'm in Vermont at Lake Champlain, which is incredible weather's, high 30s,

0:30.8

40s, and we went for a walk early this morning.

0:35.0

And yesterday we had a chance to visit a good friend of ours.

0:38.0

Mahron Asade, who's a CEO of National Life Group, they employ,

0:41.0

one of the largest employers,, I think the second largest employer

0:43.4

of Mount Pillier, outside of the city of Mount Pillier, who worked for the

0:47.5

government. And we got a tour of the place. And it was very interesting seeing

0:50.8

this place. And at the end of the tour they brought a

0:53.8

historian to tell us the history of the company think about one day your company

0:57.8

requiring a historian to tell the history of your company.

1:02.8

So initially we're like, okay, let's see what this really means.

1:06.0

I mean, how often I've got a lot of tours of companies.

1:08.1

I don't get a lot of historians to come and tell me the history of the company.

1:11.5

Well, they came up, and it was the most interesting thing. He walked us through.

1:16.0

This company has been around since 1848, and he showed the first pen, pencil, that was used to write the first policy with a red ruby on top of it.

1:27.6

He showed how downstairs they kept painting, they painted the picture of the first policyholder and the beneficiary.

...

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