I believe you're 500 machine has a decompression system built into the camshaft, that is either not working properly or has broken.
The self proclaimed 'expurts' because they have a phone and can make a video have a phone that is smarter than they are!In continuing to work on and research this possible decompression problem, am finding some conflicting information concerning valve clearance/timing at top dead center. Some info says that after moving the piston to top dead center, valve clearance for both intake and exhaust should be .006", but if the decompression mechanism is working properly, wouldn't there be no clearance on the exhaust valve at tdc because the exhaust valve is being held open slightly by the decompression mechanism, as some have indicated.