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Wealthy Way

Transforming Potential into Power

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 21 October 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Maximize your impact with the 4 forms of leverage.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: Ryan Pineda has been in the real estate industry since 2010 and has invested in o...

Transcript

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0:00.0

I like that you're actually just saying hey I'm a focus on my craft and do it really good and I'll just go invest my money into syndication so I can just keep building my business. I think a lot of people

0:11.8

need to take that path especially when they're a high-income earner, because I see a lot of high-income

0:15.8

earners who are like, hey, I'm going to go buy a rental property.

0:18.6

And then they go spend like hundreds of hours researching one rental property. It's going to go make them 200 bucks a month.

0:24.4

Precisely so I think that it's like an issue of focus and what I believe to be true is like the average human has like 27,550 days on planet Earth. It's about 75 years in

0:34.9

the industrialized world. Women have a tendency a little bit more than men, but

0:38.2

that's what's average. So as somebody who's entrepreneurial, you see money

0:42.4

everywhere and there's 10 out of 10 opportunities. As somebody who's entrepreneurial, you see money everywhere.

0:43.8

And there's 10 out of 10 opportunities everywhere.

0:46.0

So I have to make an intentional, conscientious, purposeful decision

0:49.2

about what to stack my time on top of.

0:51.7

And what I realized is that I don't believe

0:54.9

that people should focus primarily on their investments,

0:58.3

the majority of people, until their investments

1:00.8

produce more income than their earned income.

1:03.8

And that's, for the most part, most people.

1:06.6

So by staying completely dialed in and focused to selling real estate in high volume, I would store and invest about 50% of all the income I was earning

1:16.7

into assets that pay me money because I saw that as

1:21.2

the vehicle to create freedom.

1:24.0

And I'm aware that that works.

1:25.2

It takes a while, but it does work.

1:28.6

And that allows me to just be 100% focused on what it is that I'm doing instead of getting

...

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