BROKE TO 29 YEAR OLD MILLIONAIRE IN 3 YEARS

Pursuing Dreams and Overcoming Failure

In this section, Ryan discusses his experience of pursuing his dream of playing baseball and how it felt when he failed. He also talks about the importance of understanding the cost of achieving one's goals.

Pursuing Dreams

• Ryan pursued his dream of playing baseball since he was five years old.

• He played pro baseball in his adulthood and has many memories associated with it.

• His memories revolved around playing baseball, camaraderie with teammates, winning, and wanting to be the best.

Overcoming Failure

• When Ryan failed at baseball, it was rock bottom for him.

• He thought that if he couldn't succeed in real estate or get a job interview, what could he do?

• Ryan learned that to accomplish a purpose, its value must exceed its cost.

• The reason why he wrote "The Wealthy Way" is that many entrepreneurs spend all their time growing their business and making money but have no time for anything else.

Early Memories That Define Who You Are Today

In this section, Ryan talks about his early memories as a baseball player and how they shaped who he is today. He also discusses the role of competitiveness in his life.

Early Memories

• Ryan's earliest memories revolve around playing baseball with family and friends.

• His dad filmed him during games and did great things for him.

• These early memories give him joy today and shape his beliefs.

Competitiveness

• Playing sports taught Ryan discipline, competitiveness, losing, failure which helped him succeed in business later on.

• Being competitive has played a beautiful role in his life by giving him the ability to do incredible things like speaking in front of 10k people at Cardone's event.

• Ryan believes that competitiveness is necessary to succeed in business but it should not cross the line of consuming you or becoming an obsession.

Dealing with Failure and Jealousy in Sports and Business

In this section, the speaker talks about his experience dealing with failure and jealousy in sports and business. He shares how he learned to handle these emotions over time.

Learning to Deal with Failure

• When the speaker was younger, he struggled to deal with failure in baseball because he didn't know how to handle it.

• The speaker got used to failure in baseball since it's a sport where you fail more often than not.

• The speaker has always taken the mentality of "just move on" when faced with failure, whether it's in business or social media.

Overcoming Jealousy

• The speaker used to get jealous of other people's success but realized that sometimes people are just naturally gifted or talented.

• The speaker believes that everyone has unique talents and abilities, and it's important to figure out where they can be best utilized.

• The speaker encourages others not to use their lack of natural talent as an excuse for not succeeding. Instead, they should focus on making the most of what they have.

Personal Experience

• The speaker shares his personal experience of being a homeless drug addict at 12 years old and how he overcame those challenges.

• The speaker believes that God gave him unique talents and abilities that were better suited for business and social media rather than baseball.

Overall, the section provides insights into how one can learn from failures and overcome jealousy by focusing on their own strengths.

The Importance of Paying Attention to Signs

In this section, the speaker talks about how paying attention to signs can help open up opportunities. He also discusses how his upbringing as the child of entrepreneurs influenced his desire for control over his time.

Influence of Upbringing on Resiliency

• Growing up with parents who were entrepreneurs and watching them build businesses helped instill a desire for control over his time.

• Entrepreneurship gave him the freedom to do what he wanted and control his own schedule.

• His parents never explicitly told him to become an entrepreneur, but their example had a subconscious influence on him.

Becoming an Entrepreneur Out of Necessity

• After getting drafted by the Oakland A's in 2010, he needed to find a way to make money while still having time for baseball.

• Realizing that he couldn't get a traditional job due to the demands of baseball, he got his real estate license as a way to have more control over his schedule.

• Although he didn't enjoy being a realtor, it taught him the importance of controlling his own time.

Lessons Learned from Parents

In this section, the speaker reflects on lessons learned from growing up in a Christian home and having parents who were not always present due to personal struggles.

Importance of Faith

• Growing up in a Christian home instilled faith as the most important lesson learned from his parents.

• Despite rebelling against faith at one point, he has always been faithful and values its importance in his life.

Absence of Parents

• Due to personal struggles with drugs and alcohol, one parent was often absent during important moments such as winning tournaments or championships.

• Despite this absence, he did not feel jealous of other kids whose parents were present, but rather admired their support.

Knowing Thyself

• The speaker reflects on the importance of knowing oneself and being aware of personal strengths and weaknesses.

• He acknowledges his stubbornness as a driving force in his life, but also recognizes the need for others to rein him in at times.

Lessons Learned from Parents

In this section, the speaker talks about his parents' struggles and how they taught him important values.

Struggles of the Speaker's Parents

• The speaker's parents had plenty of issues, including his mother's struggle with gambling and their ups and downs in business.

• In 2008, the speaker's parents lost everything - all of his father's businesses, his mother's clients, rental properties, and even their childhood home.

• The speaker's parents hoped that he would be the savior to get them out of their financial problems when he got drafted for baseball. However, it didn't work out that way until later on with business.

Values Taught by the Speaker's Parents

• The biggest thing that the speaker learned from his parents was faith and all its associated values like integrity and morality.

• Hard work was another value that the speaker learned from his parents. He watched his father being an extremely hard worker.

• The most significant thing that the speaker learned from his parents was what true love looks like. They showed him love through serving, sacrifice, discipline, and actions.

Modeling Love as a Parent

In this section, the speaker talks about how he models love as a parent based on what he learned from his own parents.

Showing Love Through Actions

• The way to show love is through actions. Showing up is essential because it shows effort and energy put into something.

• As a parent today with three kids on the way, the speaker models what being a good dad looks like based on his father's example.

Displaying Love as an Adult

• The speaker believes that the way to show love is through actions, even if one doesn't know how to express emotions.

• The speaker finds it hard to pinpoint a single moment that defines his parents' love. However, he understands himself better as a visionary and appreciates his parents' efforts in showing up for him.

• As a father, leader, and man, the speaker shows love through his actions. Showing up is crucial because it shows effort and energy put into something.

Prioritizing Family and Time Management

In this section, Ryan Pineda talks about the importance of prioritizing family and time management as an entrepreneur. He shares his personal rule of not working past 5 pm, spending weekends with his family, and being present with them.

Making Family a Priority

• Entrepreneurs often prioritize their business over everything else, leading to depression and unfulfillment.

• Ryan makes his kids and wife a priority by showing up for them first with his time.

• He has a rule of not working past 5 pm, which makes him more efficient in managing his time.

• Ryan spends weekends with his family and has a date night every Friday.

Being Present with Family

• Being intentional with family is important but challenging for entrepreneurs who are always thinking about business.

• Ryan tries to be present by doing activities that his kids enjoy like going to the pool or playing outside.

• As children grow older, it becomes harder to balance work and family life.

Lessons Learned

• Many entrepreneurs regret not putting their families first after building successful businesses.

• There is pressure on men to be successful and have the biggest house in the neighborhood, but it's important to prioritize what truly matters in life.

Overall, Ryan emphasizes the importance of prioritizing family over work as an entrepreneur. He sets boundaries for himself by not working past 5 pm and spending weekends with his family. However, he acknowledges that being present with family can be challenging when running multiple companies.

Understanding the Cost of Achieving Goals

In this section, the speaker discusses how understanding the cost of achieving goals is important in determining whether or not to pursue them.

The Importance of Knowing the Cost

• Understanding the cost of achieving a goal is crucial in deciding whether or not to pursue it.

• If the purpose behind pursuing a goal does not exceed its cost, one may not be motivated enough to achieve it.

• A real-world example is starting a podcast. It involves financial and time commitments, as well as difficulties in getting guests and increasing exposure.

• Passion for one's mission can motivate someone to pay the necessary costs, including financial, time-wise, effort-wise, and failure-wise.

Determining the Cost

• To determine what it takes to achieve a goal, one must understand what it takes to get there. For example, reaching 1 million downloads on a podcast requires knowing what it took to reach 500k downloads first.

• One must also consider what it will take to reach even higher goals beyond their current one.

Pursuing Goals Despite Setbacks

In this section, the speaker shares his personal story about pursuing his goals despite setbacks.

The Couch Flipping Guy Story

• The speaker started out as a realtor but realized he hated it after a few years. He was engaged at that time and needed money to support himself and his future wife who was going through college.

• He decided to sell used furniture from Craigslist that he had bought for $1000 for $3000. This led him to start flipping couches and eventually become known as the "couch flipping guy."

• Despite setbacks, such as being sued by a competitor and losing his business partner, he continued to pursue his goals and eventually became successful.

Lessons Learned

• Pursuing one's goals requires determination and persistence despite setbacks.

• Success may not come easily, but it is possible with hard work and dedication.

Flipping Couches to Real Estate

In this section, the speaker talks about how he stumbled upon his first entrepreneurial endeavor by flipping couches and how it led him to real estate.

From Couch Flipping to Entrepreneurship

• After successfully flipping a couch for $200, the speaker realized that he could make a lot of money by buying and selling couches.

• He started buying more couches, bought a truck and storage unit, and turned it into his first-ever entrepreneurial endeavor.

• The speaker built the business up to making $8k per month net but realized that he needed to do something more with his life.

• He heard a whisper from God telling him to get into real estate, which he initially resisted because he had failed at it before.

Discovering House Flipping

• While on vacation in New Orleans, the speaker saw a TV commercial about house flipping and felt compelled to look into it further.

• He researched online and found out that you can flip houses without any money down.

• By the end of the trip, the speaker told his wife they were going to start flipping houses even though they only had $10k saved up.

• They maxed out their credit cards for a down payment on their first house flip but made $25k profit.

Overcoming Fear

• Despite taking on significant risk by maxing out their credit cards, the speaker was not scared because he felt like God was calling him to do it.

Taking Risks for Success

In this section, the speaker talks about taking risks to achieve success and how it has worked out for him. He also invites people to join his community to learn more about real estate investing.

The Importance of Taking Risks

• The speaker emphasizes that doing nothing will lead to an obvious outcome, and he had to take risks to achieve success.

• He invites people interested in growing their real estate investing business to join his community at Wealthy Investor, which offers coaching programs and events.

The Role of Supportive Relationships

• The speaker credits his wife for always supporting him in pursuing his dreams, even when they seemed unconventional.

• His wife's support helped him think bigger and expand his mindset beyond being frugal.

• She encouraged him to pursue opportunities with potential and have faith in himself.

Balancing Personal Life with Business Goals

• The speaker mentions that his wife is now a stay-at-home mom after teaching eighth grade students at an underprivileged school for three years.

The Importance of Being Intentional

In this section, the speaker discusses the importance of being intentional in various aspects of life.

Being Intentional with Time

• The speaker's spouse knows not to bother him during work hours because he is completely focused on his tasks.

• The speaker wants to be more intentional with his time spent with family and in business.

• He struggles with being intentional because he often wings it, but he knows that being intentional is necessary for growth.

Intentionality in Interviews

• The speaker aims to ask questions that no one has ever asked before in interviews.

• He studies successful interviewers like Oprah and Katie Couric and takes notes during interviews to ensure he can get to know his guests better.

• By getting to know his guests better, listeners can find inspiration from their stories.

Rock Bottom and Intentionality

• The speaker believes that everyone has a different rock bottom, but being intentional can help people overcome difficult times.

• He shares his own experience hitting rock bottom at 25 years old when he was overweight, smoking two packs a day, had a car repossessed, and was $50k in debt.

• Being intentional helped him turn his life around.

Rock Bottom Moment

In this section, Ryan talks about his rock bottom moment when he was released by The Oakland A's baseball team.

Releasing from the Baseball Team

• Ryan was called into the office and got the news that he was being released from The Oakland A's baseball team.

• At 24 years old, Ryan felt like his dream of pursuing a career in baseball had ended.

• He went home and broke the news to his fiancee, feeling lost and unsure of what to do next.

Feeling Lost

• Ryan started looking for jobs but didn't have any luck getting interviews.

• He realized that if it wasn't for baseball, he didn't know what else he could do since he had already failed at real estate.

Pulling Himself Out of Rock Bottom

• Ryan decided to make a change and picked up the phone to call his little brother who had just returned from Afghanistan.

• However, his brother hung up on him and refused to talk to him again.

• Eventually, they were able to heal their relationship after 13 years.

Taking Risks and Trusting Yourself

In this section, Ryan talks about how he took a risk to play independent baseball and how it led him to his best memories. He emphasizes the importance of paying attention to the path that is leading you and taking action with intention and speed.

Taking risks in life

• Ryan took a risk to play independent baseball even though he was unsure about it at first.

• He decided to take the opportunity because he had nothing else going on in his life.

• This decision set off a chain of events that led him to play for another five seasons, which were his best memories.

Paying attention to the path

• People often miss opportunities because they don't pay attention to the path that is leading them.

• Ryan emphasizes the importance of taking action with intention and speed in order to create change.

• He also talks about trusting yourself and not getting caught up in other people's opinions or expectations.

Conclusion

• Ryan believes that if you are in tune with what you feel is guiding you, then you will be on the correct path.

The Importance of Mentorship

In this section, the speaker talks about the importance of mentorship in life and business.

Dependence on God and Mentors

• Life is hard if you rely only on yourself because everyone makes mistakes.

• Depending on God and mentors who have more experience can help avoid mistakes.

• Having a good mentor helps understand the cost of achieving goals.

Inspiration from Mentors

• Talking to successful people like Cardone inspires and shows what needs to be done.

• Going to events like 10x can inspire and lead to life change.

• Seeing mentors face-to-face helps understand their success better than just watching videos.

Future Goals with Mentorship

• Holding an event similar to 10x is a future goal for the speaker.

• Events lead to life change, as seen by the success of past events.

Investing in Yourself

In this section, the speaker talks about the importance of investing in oneself and how it can lead to success. He shares his personal experience of investing in a course despite being in debt and how it changed his life.

The Importance of Investing in Oneself

• The speaker shares his personal experience of investing $50k in a course by Brendan Burchard despite being in debt.

• Investing in oneself is the best investment one can make as it helps develop skills that can lead to success.

• Real estate is a good investment, but investing in oneself is even better as it can help develop skills that can make more money than real estate.

• Learning sales, marketing, communication, and other skills helped the speaker become successful at house flipping and real estate investing.

Overcoming Fear

• Fear often stops people from taking risks and pursuing their dreams.

• The fear of failure, not being successful, judgment from friends and community, or losing money often holds people back.

• Anything is possible if one takes risks and overcomes fear.

Hiring Coaches to Learn New Skills

In this section, the speaker talks about hiring coaches to learn new skills. He uses golf as an example and explains how hiring the best coaches has helped him accelerate his learning process.

Hiring Coaches for Learning New Skills

• Hiring coaches is essential for learning new skills as they teach the right habits and techniques.

• Learning from the best coaches can accelerate the learning process and help achieve goals faster.

• The speaker uses golf as an example of how hiring the best coaches has helped him become a better golfer.

Surrounding Yourself with Positive Influences

• The people around you can influence your future, so it's important to surround yourself with positive influences.

• Pursuing one's dreams often requires taking risks and overcoming fear, but having supportive friends and community can make it easier.

Importance of Mentorship and Education in Business

In this section, Ryan talks about his initial reluctance towards education and mentorship in business. He shares how attending a conference and hearing from successful entrepreneurs like Russell Brunson and Tai Lopez changed his perspective on the importance of investing in education and mentorship.

Changing Perspective on Education and Mentorship

• Ryan's friend gifted him a $10,000 ticket to GrowthCon with the condition that he be open-minded about it.

• At GrowthCon, Ryan heard Russell Brunson speak for the first time, which completely changed his mind about education and mentorship.

• Despite not knowing much about ClickFunnels or digital marketing, Ryan was convinced by Brunson's speech to invest $3,000 in his program.

• After hearing Tai Lopez speak at the same event, Ryan decided to invest another $4,500 into his program.

Importance of Investing in Yourself

• Someone told Ryan that just as athletes pay for coaches to improve their performance, entrepreneurs should also invest in mentors and coaches to improve their businesses.

• Ryan believes that investing in yourself is necessary because it proves your value to yourself and puts you in proximity to incredible people who can help you grow.

Learning from Others

• The podcast host asks Ryan what he has learned from interviewing successful entrepreneurs.

Building Relationships in Business

In this section, the speaker talks about how building relationships is more important than having a good product. He shares his experience of building a relationship with Cardone and how it led to other opportunities.

Building Relationships

• Building relationships is more important than having a good product.

• The speaker shares his experience of building a relationship with Cardone after interviewing him for the first time in 2021.

• The relationship grew deeper as they met again and filmed another podcast and TV show together.

• The speaker emphasizes that every person he has interviewed has become an important connection for him outside of the podcast.

• People are the most important aspect of business.

Future Plans

In this section, the speaker talks about his future plans for personal and professional growth.

One Year from Now

• The speaker prefers to think about where he will be in one year rather than five or ten years from now.

• His goals include growing existing companies, acquiring new ones, becoming the best celebrity golfer, homeschooling successfully, having another healthy baby, holding a massive conference for Christian entrepreneurs through his new company called Wealthy Kingdom, buying a second home internationally and getting into the best shape of his life.