How to Create a 7-Figure Business
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 29 June 2023
⏱️ 12 minutes
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Summary
Ryan Pineda shares how he's built multiple 7-figure businesses...
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Ryan Pineda has built multiple 7-figure businesses from the ground up, and today he shares how you can do the same! Ryan goes step by step on how you can build your business and market appropriately.
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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 | If we're going to create a seven-figure business, the first thing that we have to do is number one, |
| 0:06.6 | create an offer. If we don't have an offer, how are we going to go? Have a seven-figure business. |
| 0:13.8 | You've got to create an offer that people are interested in that is selling itself essentially. |
| 0:20.6 | The better the offer is, the easier it is to sell. You don't have to market it as hard. People |
| 0:24.8 | want to refer it. You don't have to compete on price. The offer is just so good that people |
| 0:31.5 | want to buy it. That is the first key before doing anything. A lot of marketers fail because |
| 0:37.9 | maybe they're really good at getting attention and getting traffic, but the offer itself isn't |
| 0:43.3 | that great and so it doesn't convert as well. If we can just nail down the offer from the beginning, |
| 0:49.2 | it's going to make marketing and running the business and everything else so much easier. |
| 0:53.8 | The first thing you've got to think about when you're doing an offer is just number one, |
| 0:59.6 | understand that the value has to greatly exceed the cost. I don't know. That's the greater than |
| 1:06.2 | sign, but I want it extremely greater than. This may seem like common sense, but people don't get it. |
| 1:11.8 | At the end of the day, if you're going to go pay, let's just say $10 for a big Mac meal at McDonald's. |
| 1:21.1 | How much value are you getting out of that at the end of the day? Would you probably say |
| 1:26.0 | you're getting close to what you paid for it? You're like, yeah, this big Mac is probably worth |
| 1:31.4 | $10 to me and it costs me $10 with fries and a drink and everything else. It's a wash. That's |
| 1:38.7 | the worst offer giving something of value that is the same as the cost. Please really line up |
| 1:47.6 | to buy that. You're really only buying that because you have to eat and everything else. The only |
| 1:52.8 | reason people really want the big Mac is because it may taste good to them. It's fast and convenient |
| 1:58.7 | and it's cheaper than a filet mignon. We'll actually go into depth why the big Mac sells even though |
| 2:03.6 | it's not really that great of a deal. If we could go create an offer that say gave us $1,000 of value |
| 2:11.4 | and it costs the customer, call it $30. Don't you think that would be a lot easier to sell? People |
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