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The 3 Pillars to Building Wealth

The 3 Pillars to Building Wealth

FromWealthy Way Podcast


The 3 Pillars to Building Wealth

FromWealthy Way Podcast

ratings:
Length:
35 minutes
Released:
Dec 12, 2023
Format:
Podcast episode

Description

Use one or more of these pillars to build your wealth in 2024...Want to be coached by me on real estate investing? Join our Wealthy Investor program today at https://wealthyinvestor.com/podcast---Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where I go over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like my team to help build your personal brand? Apply to join Pineda Media at https://pinedamedia.com/podcastLooking to grow in your faith and business? Join Wealthy Kingdom today https://wealthyway.co/dyyCreate your business to grow your revenue, scale your organization, and make an impact with help from Wealthy Business! Apply here https://wealthyway.co/50dWant to partner with me to supercharge your business? Apply at https://www.pinedapartners.com/You can invest in my real estate deals! Go to https://pinedacapital.com ---Ryan emphasizes the importance of treating real estate like a business. He notes that the top 10% of real estate agents, who make a majority of sales, approach their work with a business mindset. This involves strategic planning, prioritizing, and not cutting corners.Contrary to the common notion of working long hours in real estate, Ryan follows a disciplined approach, not working more than 40 hours a week. He prioritizes family, making it a point to balance his professional and personal life. He advocates for being a successful businessman while adhering to personal rules.Discussing JP Morgan's involvement in real estate, Ryan commends the bank's emphasis on relationships and client treatment. He sees JP Morgan as a safe place to invest and believes in its role in stabilizing the US economy. However, he notes the high net worth requirement for account opening.Ryan reflects on Wealthcon as a valuable networking opportunity. He identifies three pillars for wealth building: entrepreneurship, investing, and influencing. He highlights the significance of active influence building, considering it essential for sustained success.Ryan challenges the traditional notion of putting 20% down on a house, considering cash as a limited resource. He explores alternative methods, such as the BRRR method and using other people's money, to buy property without hefty initial investments.Observing successful entrepreneurs, Ryan notes a trend of homeschooling among them. He sees it as an avenue to impart specific skills and facilitate family travel for business purposes.Ryan credits his marriage for contributing to his wealth. He believes that having a supportive partner has made challenging times more manageable and sweetened successful moments.Despite financial setbacks in bad investments, Ryan maintains optimism and views them as valuable lessons. He highlights the significance of investing in content creation, considering it a skill in high demand.
Released:
Dec 12, 2023
Format:
Podcast episode

Titles in the series (100)

The Ryan Pineda Show features inspiration, content, and top guests from all industries. This includes business, real estate, social media, sports, health, and entertainment.Ryan Pineda is an Entrepreneur, Real Estate Investor, Influencer, Retired Pro Baseball Player, and Best Selling Author. Visit RyanPineda.com to learn more about how we can help you! For inquiries please email media@ryanpineda.com