How to Make Your First $1 Million

1 צפיות· 08/02/23
Wealthy Way Podcast
Wealthy Way Podcast
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Learn how to scale your real estate business from being a solopreneur to having a thriving team!<br/><br/>How To Buy Your First Rental Property Even If You're Broke - https://youtu.be/x224SVyrhGw<br/>How to Make Your First $250K - https://youtu.be/Qdoa5EllsS8<br/>The Fastest Way to Build Wealth Investing in Real Estate: The BRRRR Strategy - https://youtu.be/7ke-4QO0FUw<br/>How To Estimate House Flipping Repair Costs In 2023 - https://youtu.be/2qzgggqAc9Q<br/><br/>Want to be coached by me on real estate investing? Apply at https://wealthyway.co/jmi<br/><br/>Are you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my course the “Wealth Builder Academy” where I go over all the fundamentals of building wealth in all areas of life.<br/><br/>https://www.wealthyway.com/<br/>______________________________________________________<br/>Here's how my businesses can help you:<br/><br/>Looking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthyway.co/dyy<br/><br/>Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthyway.co/rj9<br/><br/>Want to utilize a full service social media agency? At Pineda Media, we film, edit, and personally coach you to create top level content and build your personal brand. Apply now! https://www.pinedamedia.com/<br/><br/>Create your business to grow your revenue, scale your organization, and make an impact with help from Wealthy Business! Book a call here https://wealthyway.co/50d<br/><br/>Want to partner with me to supercharge your business? Apply at https://www.pinedapartners.com/<br/><br/>You can invest in my real estate deals! Go to https://pinedacapital.com<br/><br/>Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/<br/><br/>______________________________________________________<br/>My other social media channels:<br/><br/>Subscribe to my real estate only channel "Wealthy Investor" https://www.youtube.com/c/futureflipper1<br/><br/>Follow me on Social Media: <br/>https://www.instagram.com/ryanpineda<br/>https://www.tiktok.com/@ryanpineda<br/>https://www.twitter.com/ryanpineda<br/>______________________________________________________<br/><br/>Moving from a solopreneur to a big business owner allows for sustainable income and life-changing opportunities for you and your loved ones. The key steps are "make, manage, multiply," as Ryan often teaches. Once you can make $250K per year on your own, focus on the "manage" stage, which is what this video expounds upon.<br/><br/>Small businesses have more risk, so the goal is to go big. The visionary is the CEO, setting the company's big vision and being a great leader. The integrator is the COO, executing the vision and ensuring day-to-day operations align with it. Think of employees as investments, hiring people better than you at tasks that consume your time.<br/><br/>Marketing is the first funnel for deals. The head of marketing should handle KPIs, budgets, and lead generation. Sales come next, tracking KPIs to ensure salespeople perform with quality leads. Operations (OPS) handles administrative tasks, transaction coordination, and more. Dispositions focus on exit strategies. All these departments constitute the workings of your business. If you are a solopreneur, you are performing all of these jobs yourself and you might be ready to hire a team.<br/><br/>To scale successfully:<br/><br/>1. Hire top-down.<br/>2. Focus on core values when choosing employees.<br/>3. Train daily.<br/>4. Hire fair players.<br/>5. Hire people with no ego.<br/>6. Ensure employees are in the right roles.<br/>7. Create clear SOPs (Standard Operating Procedures).<br/><br/>Following these steps will help you conquer the "manage" stage and build a successful real estate business!

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