How to Start an Insurance Agency in 2023 | Shawne Merriman
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 30 August 2023
⏱️ 90 minutes
🧾️ Download transcript
Summary
In this podcast episode, Shawn Merriman, a former NFL Rookie of the Year, takes center stage. Unlike many athletes, Shawn transitioned smoothly into the business world after retiring from football.
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He currently owns an insurance company with over two hundred agents and is involved in an MMA venture. Shawn's interest in MMA training stemmed from his family's background in professional boxing, and he found the techniques helpful even in his football career.
Shawn is working on obtaining accurate, real-time data to enhance fan engagement in sports due to the significant influence of fantasy football. He and Ryan discuss the potential impact of virtual reality and headsets on transforming the sports viewing experience.
The conversation shifts to the impressive entrepreneurship of Jake Paul, recognized for his salesmanship and marketing skills in consistently selling out fights and making substantial profits. Shawn has ventured into MMA with partners, aiming to provide an alternative and engaging experience for fans beyond the UFC.
Shawn draws parallels between sports and business, emphasizing the importance of a winning mentality, preparation, and handling pressure. The discussion touches on the value of learning from failures and cultivating a resilient attitude to face challenges. He shares his approach to assisting friends in business endeavors by providing financial support without expecti
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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 just saw Jordan sold the hornets for 3 billion. |
| 0:03.1 | David Beckham, with Miami, he got it for 25 million. |
| 0:06.2 | You see LeBron and these guys are buying pickleball teams. |
| 0:08.7 | I always draw so many parallels between sports and business because they really are just like so similar. |
| 0:14.8 | People want to say like business is family and it's not. |
| 0:17.2 | But if you're not holding up your end of the bargain, we gotta get you out of here. |
| 0:20.5 | That's it. If I want to accomplish big things in business or sports or whatever the case is, right? |
| 0:24.7 | The stakes just become higher. |
| 0:26.1 | If I can't solve a million dollar problem, how am I gonna be worth 10 million? |
| 0:29.6 | Or 100 million? |
| 0:30.6 | You made a lot of money in your football career. |
| 0:32.4 | What did you do with it? |
| 0:34.0 | I blew some of it too. |
| 0:35.4 | You were the rookie of the year. |
| 0:37.3 | First round picked. I had a long career. |
| 0:39.6 | I mean, to go from killing quarterbacks to now, |
| 0:42.4 | discretion in business, man. I want to hear about the transition. |
| 0:45.2 | I had a TV show on Fox Sports and then I had my roommate company that was also at the time of Fox Sports. |
| 0:50.4 | And so when everything shut down, I was sitting around like, I don't know what to do. |
| 0:55.3 | What's going on, Wealth Builders? |
| 0:56.4 | Today, I've got the former rookie of the year in the NFL. |
| 1:01.2 | This guy was a defensive monster for the San Diego Chargers. |
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