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Wealthy Way

The Poverty Programming Trap | Rich Somers

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 7 November 2023

⏱️ 79 minutes

🧾️ Download transcript

Summary

Ryan's journey into content creation and social media during the pandemic reflects the shift in the value of attention as "the new currency."
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The pandemic witnessed a surge in content consumption; however, maintaining viewership in the current environment, where attention spans are shrinking, poses a challenge. Many content creators fear judgment and find it hard to justify the investment in consistent, long-term content creation.

Ryan's transition from baseball to real estate followed a circuitous route, marked by perseverance. He turned to real estate after a less successful stint as a realtor in 2010 and a period in independent baseball. His initial foray into entrepreneurship involved flipping couches, teaching him the importance of speed and presentation. These skills translated well to flipping homes, emphasizing the centrality of selling oneself, whether in relationships or business.

Ryan's success reflects his intuition, which has led him to embrace unconventional strategies, such as flipping houses in unexpected areas. He recognizes the value of communities and masterminds that provide support and proven strategies. His firm belief in himself, even in times of relative financial constraint, became a springboard for success.

The confluence of strategy and mindset, as well as the balance between vision and details in planning, is crucial to consistency and success. Ryan's decision-making process regarding new opportunities reflects a focus on timing and profitability. As for personal well-being, he's experienced benefits from taking testosterone and maintains a workout routine.

Shifting the conversation, Ryan has gained fame from his videos about his numerous car choices and, especially, his iconic hairstyle. His morning routine revolves around his planner, with time allocated to gratitude, family, fitness, scripture study, business strategy, and future opportunities. Ryan divides his office hours into content creation, team meetings, and future planning.

Ryan's journey underscores the value of persistence, intuition, and a strong self-belief in achieving entrepreneurial success, as well as the multifaceted approach to balancing a content creation career with strategic business planning and personal well-being.

Transcript

Click on a timestamp to play from that location

0:00.0

Being broke as a mindset. I truly did not feel like it was broke. You know, at no point did I think,

0:05.7

man my life sucks, this is terrible. For the last 10 years, my mindset really has never changed.

0:11.2

It's just been...

0:16.1

With what my mind has always believed. I remember walking in the Mandalay Bay, I'll never forget. I mean it was 2018 at that point

0:20.3

in my mind I was already a baller and I was a beast because you know I was making really good money I'm looking at all the people around me and I'm looking at grand and all these people on stage I was like I'm gonna eat these guys lunch one day and that was my mindset and I was like I'll be on that stage one day and I'm probably

0:35.5

gonna have my own event just as good.

0:39.0

What projects are you most excited for right now?

0:41.0

I was just telling you about it. The newest thing we just

0:44.1

launched we did a webinar for it yesterday actually was the brand

0:48.6

blueprint so you know just really helping entrepreneurs build their personal

0:52.0

brand right now and you know just really helping entrepreneurs build their personal brand right now and you know

0:54.0

showing them the power of a podcast as you know and how much it can really help them.

0:58.7

Yeah. How long ago was it when you started putting out content?

1:02.6

I, you know, I tell people it was COVID, but the reality was I officially started in 2016.

1:09.5

You know, I would just post on Facebook, like write a little blog type deal and show some before and

1:14.7

afters of some house flips I was doing and you know that alone just making maybe like one post a week got me

1:22.1

deals, it got me investors, and allowed me to just kind of grow.

1:26.2

But I would say I really started taking, like I called myself a content creator in 2020 during COVID.

1:33.3

That was when I realized I was like, wow,

1:36.1

this is the future.

1:37.6

People don't get it.

1:38.6

I need to go all in on this right now.

...

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