How to Take Your Business From $3M to $30M
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 16 September 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
The Hormozi's share how you can scale your business by fixing these bottlenecks...
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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 | So, you know, your target is to get a, you know, business currently doing 3 million, maybe minimum, minimum, right? |
| 0:07.0 | And, you know, obviously you get the biggest return taken on from 3 million to 30 million, right? |
| 0:12.0 | So, selfishly, I have a couple of companies like that in the internet space. |
| 0:20.0 | So, what are the biggest bottlenecks you see to go from 3 to 30? |
| 0:26.0 | Yeah, yeah. You know, if I were looking at it, I think to go from 3 to 30, first off is they're typically missing. |
| 0:35.0 | They don't even have the completed first layer of leadership. |
| 0:38.0 | And then in order to get, you need that in order to get to usually 10 to 15. |
| 0:42.0 | And then you're going to need that second layer of leadership in order to get to 30. |
| 0:45.0 | And so, it's typically building out, you know, to get to 10, usually you need like one high level executive. |
| 0:51.0 | And then you need to fill out that like manager level leadership team. |
| 0:55.0 | And then in order to get to 30, you need to have really both of those levels. |
| 0:58.0 | So, that's the first thing in terms of people. |
| 1:00.0 | In terms of like the other piece of the business, their product packaging and pricing is usually not optimized at all. |
| 1:07.0 | So, typically we have to redo the whole structure. |
| 1:10.0 | So, all their offer structure, all the product, all the pricing, all the packaging. |
| 1:14.0 | It's just not optimized. |
| 1:16.0 | So, typically they don't, they're undercharging or they're not charging for the right things. |
| 1:20.0 | They don't know what's actually valuable to the customer. |
| 1:22.0 | And so, we help them figure out what's the thing that's actually valuable to the customer. |
| 1:26.0 | And then who is your freaking customer? |
| 1:28.0 | Because you can say who it is, but like who's actually buying and who's actually like in your Facebook group or in your CRM is a different story. |
| 1:35.0 | And then I would say that the other two pieces to our data. |
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