Challenges Of Scaling Up A Business
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 22 June 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Here's what problems my COO faces behind the senes...
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My businesses have been growing so quickly, and one of the issues Javi is facing is keeping the company culture with the many new additions to the team! With this growth, new levels of leadership are emerging, and the company structure is becoming more complex.
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | You know, one of the things was up to this point, we were strictly about starting up companies |
| 0:06.6 | and we'll get into acquisitions here later, but you know, what have been some of the challenges |
| 0:13.0 | you have seen behind the scenes of like problems that we have to fix? |
| 0:18.2 | I think part of it is that we've just grown so quickly in a short period of time that |
| 0:25.5 | the business isn't the same as it was six months ago. |
| 0:28.9 | Yeah, so the people who have been here for a very long time, they have a hard time adjusting |
| 0:34.8 | to like this new structure and this new growth. |
| 0:37.5 | So it's how do we continue to not only drive like your vision down, but maintain the culture |
| 0:42.3 | too and like make sure that the culture stays high performing. |
| 0:48.0 | I think is like one of the biggest challenges when you change so quickly and so many new people |
| 0:53.2 | get added to the teams. |
| 0:54.4 | It's like how does everybody still have the same vision? |
| 0:57.9 | I think is one of the things that like keeps me up at night. |
| 1:02.5 | Yeah, because I'll tell you this, I mean, now it's to the point where every week, you |
| 1:07.0 | know, I walk in the office and I see someone new. |
| 1:10.0 | I don't know their name. |
| 1:11.4 | I don't know like what they do. |
| 1:13.2 | I don't know what company they work for. |
| 1:14.9 | Yep, it's true. |
| 1:15.9 | You know, like they they're all different and a lot of them are even like scared to introduce |
| 1:20.4 | themselves. |
| 1:21.4 | So they keep their head down. |
... |
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