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Wealthy Way

The Rise of Phony Experts: Is Social Media Overrun with Fake Gurus?

Wealthy Way

Ryan Pineda

Entrepreneurship, Business

4.92.2K Ratings

🗓️ 9 October 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

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With so many self-proclaimed experts on social media, it’s getting harder to tell who’s real and who’s just putting on a show. But maybe the rise of ‘fake gurus’ isn’t as widespread as it seems.

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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

You know what's interesting like there is this narrative of like there's a lot of fakes and all this stuff but

0:06.8

I actually don't know that that's the case you know I think that used to be what the internet was

0:15.6

because back in the day you know the you had all these digital marketers and so they're running all these ads and

0:18.6

you're the only ones who really understood it you know people being

0:21.8

content creators weren't really a thing and so there's all this, you know, it was just tough.

0:27.0

Today in this climate, I know for a fact, you know, a lot of those digital marketers are out of the game because they could not compete

0:36.1

because now there's guys like me and you and you know, legitimate guys making real good content that people want to watch.

0:43.9

It's not an ad.

0:45.3

And, you know, it's like, how do you compete?

0:48.0

Yeah.

0:49.0

If I'm selling the same product and I'm putting out really good content,

0:51.4

you are not gonna compete.

0:52.6

Yeah.

0:53.5

No, and that's where like in any business,

0:56.0

let the market decide.

0:57.2

Yeah, the market will decide.

0:58.4

People can feel that.

0:59.6

People can feel like, oh, they like, they care about this. This is what they're about. this is what they're about this is what they think

1:05.0

about yeah and that resonates when people watch you know a podcast or even just a

1:09.8

20 second clip yeah there's something to that for sure. Yeah, and I mean like there are always going to be people scamming on the internet or off the internet like that's the world but this whole idea of like the fake guru and stuff that in my opinion that used to be a thing.

1:25.8

I just don't really see it in you.

1:28.8

I think it's this one thing in people's minds.

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