Social Media and the Impact it has on Your Business with The Hormozis
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 17 September 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
Every business and business owner should be on social media...
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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 | let's talk about how you even get these businesses to come to you so you know social media has been |
| 0:05.3 | something that's drastically changed um you know the world period and business owners as a whole right |
| 0:10.6 | like it's like dude if you're not on social media you know it's like does anyone know about your |
| 0:15.4 | business right like that's just what it seems like and you both recently came on the scene like |
| 0:22.3 | you know going full force what was the catalyst behind that |
| 0:26.5 | yeah we can yeah so I figured with this company you know in contrast to some of the other companies |
| 0:34.4 | we've had in the past it had to be something that was inbound and so like true inbound like I |
| 0:38.7 | wouldn't like I would say paid ads is like in between you know inbound and outbound um but like |
| 0:43.3 | I didn't want to build a company where we're soliciting people saying hey we're going to help |
| 0:46.8 | you grow your business you don't know who we are um and by the way you know we're gonna you know |
| 0:51.9 | buy in firm and or it just like you know there wouldn't be trust there's just a lot of things |
| 0:55.1 | that'd be missing so I figured that this company would make the most sense to build off of |
| 0:59.1 | an organic inbound you know following and I didn't have one and so I was like okay well you |
| 1:03.4 | know looking at Grant and what he did with uh with his fund and whatnot I was like all right well |
| 1:07.6 | real estate's not my game um but you know I feel pretty confident that you know high cash flow |
| 1:12.2 | of digital businesses are our game and so what if if that's what we're going to do in 10 years |
| 1:18.0 | then um start today you know that was kind of the the thought process a year and a half ago |
| 1:22.8 | yeah and honestly looking at like because we both you know we're ideeing about this business |
| 1:29.0 | the how you bring in customers affects the entire business and so even like looking at the |
| 1:33.5 | kind of talent that you can acquire when you have like a very volatile acquisition strategy |
| 1:38.4 | you're not going to acquire the same kind of talent you can if you have a very stable |
| 1:42.1 | reliable acquisition strategy and so we know that if we can build this moat which maybe it takes |
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