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Wealthy Way

The Ultimate 9-5 Escape Plan | Daniel Kong

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 1 March 2024

⏱️ 115 minutes

🧾️ Download transcript

Summary

Gain valuable insights into the transformative power of coaching, breaking limiting beliefs, and strategies for overcoming business plateaus with Ryan and Daniel! Essential viewing for entrepreneurs seeking growth and financial prosperity!
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If you want to level up, text me at 725-444-5244!

Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/

Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/
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Connect with Daniel!
Instagram - https://www.instagram.com/danielkong808/

How To Invest in 2024 (How ANYONE can be RICH) - https://youtu.be/TpwkAI1Gsqk

In this episode, one of Ryan Pineda's exclusive one-on-one mentees, Daniel Kong, shares his success story of flipping houses in Hawaii, generating over $1 million. Daniel and his team saw the value in paying for Ryan's one-on-one coaching, justifying the cost as long as it helped them recoup the investment within the same year or the next. Working with Ryan has not only contributed to Daniel's financial success but has also helped him identify and overcome limiting beliefs. Despite initially being skeptical about coaching, Daniel realized the need for guidance to reach the next level in his business.

Ryan sheds light on the coaching process, emphasizing the importance of humility and openness to feedback. Acknowledging that no one is perfect, both Ryan and Daniel admit that they don't always implement advice immediately, but maintaining an overall open mindset is crucial. Ryan shares his journey from initial reluctance to pay for education and coaching to realizing its transformative impact on his business after flipping over 100 houses.

Daniel, a former software developer who quit his job two years ago at the age of 41, details his investment strategy, which involved leveraging his 401k plan and personal credit to start the BRRR strategy. Initially investing in Indiana, Daniel later expanded his ventures to Hawaii, where he saw how coaching, particularly from Zasha, another Hawaii investor and Wealthy Investor student, significantly accelerated their businesses.

The conversation delves into valuable advice for entrepreneurs who have achieved financial goals but face a plateau. Ryan provides insights into navigating post-plateau growth, choosing worthwhile opportunities, and shares personal experiences. The episode covers various business growth strategies, including the 10-step Pineda sales method, lead generation, business structure, mindset, and more.

Transcript

Click on a timestamp to play from that location

0:00.0

How scary is it quitting when you're 41 years old?

0:02.4

Honestly, wrestling changed my life.

0:04.0

At that point, when I quit, I was actually making more for my rentals

0:07.0

than I was making at my W-2.

0:08.7

When I got into like some of these coaching programs in different rooms,

0:11.1

it's just having conversations with guys like

0:13.2

yourself. It's almost like this intangible thing that happens to change like who you are

0:16.8

and it levels to kind of like you up as a person. The best way I can

0:19.3

simplify this to people and this might be the most important thing I say all

0:21.6

podcasts so listen to this part's gonna really help you guys figure out how to navigate the different stages.

0:26.5

The first thing is...

0:27.5

What's up, Well, Bidders today?

0:29.9

I have got a guy from Hawaii doing over a million dollars a year flipping houses but on top of that I think he has a relatable story to many of you.

0:38.0

He actually was a W-2 guy for a long time and software ended up becoming financially free after just three years

0:45.6

quitting his job and he's actually one of my only one-on-one students I have I don't

0:51.2

take a ton of them and so you know I'm very picky with the guys I want and you know I've come to really enjoy

0:58.0

coaching and then developing friendship and everything else with this guy he literally takes everything I say and just applies it and is just so great and along with that he's grown a following over a over a hundred thousand people and so I got none other than Daniel Kong. What's up man?

1:13.0

So man, thanks for welcoming, having me on the podcast.

1:16.0

Yeah, yeah, now we just finished a long conversation about your business.

1:20.0

What has been your biggest takeaway?

1:22.0

Because you tell me things that like make me think of,

1:26.0

man, oh, I didn't even know that that's something that's helping.

...

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