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Wealthy Way

Saving $10,000,000 by Selling Beanie Babies?!

Wealthy Way

Ryan Pineda

Entrepreneurship, Business

4.92.2K Ratings

🗓️ 30 January 2024

⏱️ 10 minutes

🧾️ Download transcript

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He made millions selling what?!
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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 started my first business when I was 15 and it was selling sports cards because that's what I collected my whole life and I was really passionate about it and I went to these sports card shows every single week and started selling them and I got really good at it.

0:12.0

So when I was 15 I started making

0:13.6

close to a thousand dollars a week. By the time I was 16 I was making a thousand

0:16.8

two thousand three thousand a week, 17 four or five six seven thousand a week,

0:20.4

every week just buying and selling cards at these shows and eventually that

0:24.4

turned into other businesses so from a baseball card show people started selling

0:29.5

Beanie Babies if you know what the remember. Yeah, yeah.

0:33.0

So I started selling beanie babies because I saw people sound on making way more money than

0:36.9

baseball cars and then that went into something else and something else.

0:39.3

And eventually I got into gold and I started selling jewelry and that was the business I made the most money on.

0:46.0

I made like my first million dollars and I saved my first million dollars when I was 19 years old from sports cards.

0:51.0

Got it. Then I got into Beanie Babies and I made and saved my first $10 million with Beanie Babies.

0:55.8

How old are you at the time to save $10 million?

0:57.8

So I was in my late 20s.

0:59.8

I was in my late 20s and I had like 10 million dollars saved.

1:02.7

And I was born in 75, so this is back in.

1:06.6

That's crazy because like, you know, for me, I've been successful,

1:09.8

but being a real estate guy,

1:10.7

your money is always getting deployed.

1:12.0

I've like never had 10 million dollars

1:14.4

liquid saved. Yeah, that's crazy. Yeah, I mean if you're just making so much money that like, like I got to points,

1:22.0

especially my next business. I mean I literally made me and my partner we made a

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