How To Make Money On Vacation
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 10 March 2023
⏱️ 61 minutes
🧾️ Download transcript
Summary
It’s common for entrepreneurs to think that if they take a week away from their business, it will fall to pieces and burn up. Others believe that they can rest and take vacations once they’ve reached their financial goals, or that they need to accumulate as much wealth as possible so their children can enjoy it after they’ve died. However, these entrepreneurs are mistaken. In this episode, Ryan and Blake discuss each of these misconceptions and more, so sit tight and enjoy!
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Going on vacation is a memory, and memories with your family have a very big return. They also give you the chance to rest and reflect; to see your efforts and progress from a new perspective. Like fasting and sleeping benefit you directly, vacations give your body, mind, marriage, and family the attention that they need in order for you to operate at your best.
It’s also important to understand that your children will be more successful and happy if you give them your time now instead of leaving them your money in your will.
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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'm grateful that even when we were broke we got to go on vacations because they you know they solidified our marriage |
| 0:05.1 | And guess what it's hard to build wealth when your marriage is on the rocks number one |
| 0:08.9 | I think that by going on vacation with my wife |
| 0:11.3 | It made me that much better in business |
| 0:13.9 | We don't have time to go on vacation because I got to go build my business |
| 0:18.5 | And if I leave it's gonna crumble and I'm like guys first off |
| 0:23.1 | What's the point of even building a business right isn't it so you could enjoy things from the business? |
| 0:28.2 | Is your child gonna value a hundred thousand dollar stipend every month into their |
| 0:33.9 | You know trust account or are they gonna look back at a lifetime of memories with their dad where they climbed Mount Kilimanjaro |
| 0:41.5 | And they walked across Israel together and they |
| 0:44.9 | Scooby dive to the bottom of the Red Sea like all these memories that he's created with his kid |
| 0:49.0 | And jump on a ship should bring some freedom to your life. Nice |
| 0:52.9 | Labyrinth there's a wealth of knowledge to be had that he just can't be learned in school can't be learned anywhere else |
| 0:59.6 | The resources we're pouring back into ourselves those vacations those memories with our families |
| 1:04.5 | Like those are the things that sustain you in a way that a Ferrari and that social credibility of owning expensive things |
| 1:11.8 | Can't sustain you for those who are new to the show, you know |
| 1:14.8 | We do this every Wednesday at 3.30 p.m |
| 1:17.0 | We usually go for like an hour and a half and |
| 1:19.5 | We talk about all things building wealth and just entrepreneurship social media real estate everything else |
| 1:26.3 | We talk about current events and man. I'm excited for this because |
| 1:31.9 | There's so many things to unravel here |
| 1:33.9 | But one of the things that we do is we call people on stage live on Twitter |
... |
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