Run Your Business Like a Team, Not a Family: Lessons from the Front Lines
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 12 April 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
What if the key to scaling your business and serving your purpose was learning when to let go? From being mentored by legends like Coach John Wooden to navigating $25M in losses, this raw, real talk dives into leadership, hiring, firing, and the God-ordained journey of growth.
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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 was mentored by a couple great coaches. Coach John Wooden of UCLA fame was a mentor of mine. |
| 0:05.4 | He's no longer with us. And Coach Dale Brown, I've learned a lot about, you know, running sports teams just based on their mentorship. |
| 0:13.1 | And you want to be on a winning team. There's nothing, even as a CEO and owner of a company, if you are losing everybody's morale is low, it's painful. |
| 0:21.6 | It exacerbates all of the flaws and problems in a company. |
| 0:25.6 | And when you're winning, it's exciting and fun. |
| 0:28.6 | So your job is to make sure you're making the personnel changes. |
| 0:31.6 | You're correcting people frequently. |
| 0:33.6 | You're moving toward conflict. |
| 0:35.6 | And you blow the whistle. When a player's not performing at their best, you pull them off the floor and you blow the whistle. |
| 0:45.7 | When a player's not performing at their best, you pull them off the floor and you let them know that there's standards that they need to be playing toward and that you expect more of them. |
| 0:49.6 | And you have to run your company like a sports team, not like a family. |
| 0:54.5 | As you said, a family is, and you know who makes the biggest mistakes at this, believe it or not, |
| 0:59.6 | kingdom building entrepreneurs. I know. Right? They can't fire anybody. Well, that's why I don't fire people anymore. I took it out of my hands because I can't do it. I, I mentor, I want to see |
| 1:04.5 | someone redeemed. Yeah, I mentor a CEO who called me and he said, the reason why I'm inviting you to, into the board is a big company |
| 1:11.0 | is because it breaks my heart to let a person go. And I'll give you a framework that I've |
| 1:16.0 | developed. My job is not to keep you from the wilderness. If you're supposed to go to the wilderness, |
| 1:20.4 | that's between you and God. Yeah. And if I'm making a bad mistake by firing you, the marketplace |
| 1:25.8 | is going to pick you up and pay you more. Yeah. you're going to call me and say, thank you. Yeah. Right? So it's my ego that keeps you here. |
| 1:33.1 | Yeah. Because if you're supposed to go into the wilderness, that's between you and God and you're going to |
| 1:36.7 | come out stronger. But if I keep you here, I'm stopping you from the growth that God has planned for you. And if I'm wrong and the marketplace is going to reward you more, |
| 1:46.2 | then let you go. And frankly, I've never been upset about a fire. I've never looked back and |
| 1:51.3 | said, I should not have fired that person. Yeah, I've never regretted it. Never. I've always regretted |
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