Why Social Media is a Game of Competition with Strategy
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 17 May 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
Finding your unique stride in the journey of social media.
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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 | One of the bigger mistakes is not looking at social media is competition. |
| 0:04.0 | Not looking at it as competition. |
| 0:05.8 | I think you need to look at social media's competition. |
| 0:08.0 | Oh, all right, tell me about this. |
| 0:09.3 | So what would you say the most valuable thing within today's attention. |
| 0:13.0 | So why do you think that you shouldn't compete for it? |
| 0:15.0 | Like why do you think that you're going to go on social media and then... |
| 0:18.0 | Oh, I think you should compete. |
| 0:19.0 | We're in agreement. |
| 0:20.0 | I just think... |
| 0:21.0 | Yeah. |
| 0:22.0 | It's just like, if you go there and you half asset and only do so much like |
| 0:25.4 | someone else is willing to do more than you and you're going to lose to that person. |
| 0:28.0 | Yeah you're competing for attention and you're also competing for attention against things that are entertaining. |
| 0:32.4 | If you're coming in as a business owner trying to grow your business, you're also competing for attention against things that are entertaining. |
| 0:32.7 | If you're coming in as a business owner trying to grow your business, |
| 0:34.7 | you're trying to be educational. |
| 0:36.5 | So you have to do even more than what the cat videos might have to do. |
| 0:40.0 | Yeah. |
| 0:40.7 | So I think that's one of the bigger mistakes that people make. |
| 0:42.5 | It's just, okay, I'm going to do it just to do it. |
| 0:44.5 | You're wasting time at that point, because you're going to lose. |
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