Delegate Menial Tasks To Elevate Your Lifestyle
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 2 May 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
Accounting is the backbone of your business, so you NEED to know your numbers!
Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/
Are you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my new course “Business Builder Academy” where I go over all the fundamentals of building a 7-figure business.
https://www.wealthyway.com/
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Here's how my businesses can help you:
Want to be coached by me on real estate investing? Apply at http://www.wealthyinvestor.com/case-study/yt
Looking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthykingdom.com/
Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.io
Want to utilize a full service social media agency? At Pineda Media, we film, edit, post, and personally coach you to create top level content and build your personal brand. Apply now! https://www.pinedamedia.com/
Want to partner with me to supercharge your business? Apply at https://www.pinedapartners.com/
You can invest in my real estate deals! Go to https://pinedacapital.com
For a free consultation with my team go to https://RyanPineda.com
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My other social media channels:
Subscribe to my real estate only channel "Wealthy Investor" https://www.youtube.com/c/futureflipper1
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If you're running a business, you need to know your numbers. Building a relationship with your accountant is the foundation to make more money and to save money on your taxes every year. Ryan Pineda is making money moves year-round with the advice of his accounting team.
Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/
Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.com
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/
Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda’s private golf mastermind for high-level founders and dealmakers. www.mastermind19.com
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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 | I would just implore everyone listening to this podcast. |
| 0:05.1 | I don't care if you use TrueBooks or not, but you need to understand your numbers this year. |
| 0:10.4 | Like, if for me, 2022 is about data and IP and creating softwares, for you, I would say the goal |
| 0:20.3 | is for you to basically track your numbers and to know the truth about what's happening your |
| 0:25.2 | business. Like, there's a reason we came up with the name TrueBooks. It's to literally know the |
| 0:30.8 | truth of what's going on in your books. And you will make more money if you understand the truth. |
| 0:38.6 | Like, it's not you're not doing it to save money and to cut it, you're doing it to make better |
| 0:44.2 | decisions throughout the year to make more money. But if you don't do it throughout the year, |
| 0:48.4 | let's just say you spend 2022 doing what you always did, right? Well, whatever happens happens |
| 0:54.6 | that year, right? And then you'll come to your accountant in March or April. And it's been |
| 1:00.5 | from this point listening to this, think about this. That will have been 16 months from the point |
| 1:06.4 | of listening to this, right? And your account is going to say, oh, man, like you did XYZ, like you |
| 1:13.2 | should have did this. And they're like, why didn't you tell me that? Well, it's like, full. You |
| 1:17.9 | didn't like take what you were supposed to do 16 months ago. Yeah. Which you bring up a really |
| 1:24.9 | good point because what a lot of people look at tax people as are a transactional business. |
| 1:31.9 | Oh, it's April. I'm going to turn in my shoebox of stuff and I'm going to get my tax return done. |
| 1:37.0 | And that's it. When in reality, and like this has kind of been our approach, right, to build |
| 1:41.7 | TrueBooks is you want a relationship based transaction, right? You don't want a one and done sort |
| 1:47.3 | of annual meeting. And so that's where we kind of stress the importance of you, right? This isn't |
| 1:52.7 | someone that you come to once a year. This is someone that you meet with monthly, quarterly, |
| 1:57.1 | whatever it is to help analyze your numbers, stay organized. And so that's just another way to look |
| 2:02.9 | at it is, right? It shouldn't be transactional. It's relationship based. Like, look at even before |
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