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Wealthy Way

If I Were Starting a Company In 2024, This is What I'd Do [FULL 0-$200M GUIDE] | Chris Lee

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.92.2K Ratings

🗓️ 27 October 2023

⏱️ 99 minutes

🧾️ Download transcript

Summary

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Chris Lee, the host of The Founder podcast, shares his entrepreneurial journey, including the exit from a nine-figure solar company he sold in May 2022.
Create your business to grow your revenue, scale your organization, and make an impact with help from Wealthy Business! Apply here https://wealthyway.co/50d
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Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where I go over all the fundamentals of building wealth. https://www.wealthyway.com/

Want to be coached by me on real estate investing? Join our Wealthy Investor program today at https://wealthyway.co/yt

Would you like my team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9

Looking to grow in your faith and business? Join Wealthy Kingdom today https://wealthyway.co/dyy

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 
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Connect with Chris! 
Instagram - https://www.instagram.com/chrisleeqb/
Podcast - https://podcasts.apple.com/ie/podcast/the-founder-podcast/id1687030281

His first business venture faced difficulties, including partnership issues and the economic downturn in 2008.

Chris explored various business opportunities after these setbacks, learning from larger companies' owners. The realization of internet marketing's potential for scaling his business prompted his entry into this field. 

According to Chris, timing is crucial for seizing opportunities, and many miss them because they aren't actively seeking or aren't prepared when the right moment arrives. 

Core values, represented by SOLGEN (Synergy, Outside-the-box, Love of family, Generosity, Excellence, No excuses), play an essential role in Chris's company. These values guide hiring and firing decisions and drive business growth. 

Chris addresses the imposter syndrome prevalent among entrepreneurs and emphasizes the scalability of online businesses.

In the solar industry, which typically yields margins of 6-8%, Chris focused on providing a superior customer experience. He highlights the importance of being prepared for a potential sale to ensure that expenditures and organizational aspects

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

Click on a timestamp to play from that location

0:00.0

We grew from zero to 1,300 employees in five and a half years.

0:04.3

Most businesses suck at marketing, sales, and culture.

0:07.6

You absolutely do not need to compete in a price.

0:09.9

You need to compete on the value and the experience

0:13.2

that you've been using to create something

0:15.3

that has true enterprise value.

0:17.2

Because most people are creating cash cows

0:19.4

that have no enterprise value.

0:20.9

What do you think is the biggest problem you see

0:24.1

in these businesses that are in the 1 to 10 million range?

0:26.4

They don't have...

0:28.3

What's up, well-builders today.

0:30.9

I've got a guy who's exited a nine-figure company.

0:35.2

You don't see that too often.

0:36.7

And he's also very young.

0:37.8

He's got his own podcast called The Founder.

0:40.0

I've got Chris Lee. What's up, man?

0:41.5

What up?

0:42.8

Happy to have you, man.

0:43.6

Good to be here.

0:44.4

Excited.

0:45.3

Yeah.

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