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Wealthy Way

Spending $1 Million on The World's Largest Pizza Party

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.92.2K Ratings

🗓️ 29 October 2023

⏱️ 7 minutes

🧾️ Download transcript

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This pizza party would've been insane! 
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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

The world's largest pizza festival I throw for free that cost me a million dollars to throw every time the world's largest pizza festival

0:06.0

Yeah, I've done it twice for my birthday. Oh, why do you throw that?

0:09.8

I thought it's for a thousand influencers. It's 850 girls 150 guys

0:14.1

And I bring in last time with Steve Aoki and little Wayne

0:16.9

So wait you have 850 girls and what do what are they doing? It's a party. It's a one-day party

0:21.9

So it's a one-day pizza party. Yes, the last one cost me 972 thousand dollars to be exact

0:27.3

Okay, so what how do you even potentially get profitable? I can't I don't charge anything

0:32.8

Okay, so you just charge a million, but you lose a million party. Yes, I just my birthday party, but branding wise

0:39.7

A thousand people with the phones out are posted about my birthday party

0:42.8

Yeah, pizza festival and I did it twice the other one I had

0:45.8

Tiger two chains and whiskey for perform and same thing same venue same thing. Yeah, I'm doing it again next year

0:52.7

and so

0:54.3

That is branding my charity events cost me a ton of money. Obviously. I don't monetize that yep elevator nights

0:59.7

I thought that 52 times it cost me 20 to 50 grand every time

1:03.6

You can do the math on 52 times 20 to 50 grand. I spent over a million dollars doing elevator nights for free

1:09.6

And so some of them are loss leaders for me that are not gonna convert to sales, but stuff happens

1:14.8

Yeah, right when people show up to my birthday parties charity events

1:18.7

Elevator nights, etc

1:20.4

They're talking about me. They're posting about me. They're introducing me. They're doing stuff

1:23.5

It only it only works if you have the back end

1:26.3

Right to do stuff after like that's how I always looked at social media

1:30.1

It's like dude, it doesn't make sense that I'm gonna go spend 50 grand a month like to produce all this content

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