Digital Social Hour - Unveiling the Secrets to Building Influence and Wealth with Ryan Pineda | Digital Social Hour #48

Episode Date: July 17, 2023

📢 Attention, listeners! This is your host, Wayne Lewis, and I am thrilled to present our latest episode of The Digital Social Hour. In this installment, we have a special guest, the incredible Ryan... Pineda, who knows the three pillars of wealth like the back of his hand: entrepreneurship, investing, and being an influencer. Ryan takes us on a journey through his life, from his athletic dreams and his real estate ventures to his dedication to family and building influence. We dive deep into the challenges he faced, like entering the real estate market during the recession, and how he overcame them with his unique approach to marketing, selling, and prospecting. But it doesn't stop there. Ryan shares with us the secrets of his success, from his high hourly rate and flexible work schedule to his passion for experiences rather than material possessions. And speaking of experiences, Ryan spills the beans on the upcoming Wealth Con event in Vegas, where you'll have the chance to join him along with other incredible speakers and gain invaluable insights on real estate, entrepreneurship, investing, and social media. But that's not all. Ryan also shares his wisdom on the misconceptions around investing, the power of homeschooling, the benefits of marriage, and even his thoughts on alternative treatments and diet. This episode is packed with knowledge and inspiration that will leave you ready to conquer your own personal and financial goals. So, what are you waiting for? Don't miss out on this incredible episode filled with captivating stories and game-changing advice. Tune in now to The Digital Social Hour, and join us as we unleash the power of wealth and influence. --- Support this podcast: https://podcasters.spotify.com/pod/show/digitalsocialhour/support Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Starting point is 00:00:00 You also spent nearly half a million dollars throwing a party. We throw big events every quarter. We were in Hollywood. You know, we had a thousand people there. Cost probably half a million dollars. I think there's three pillars that you can build wealth on. Three pillars would be entrepreneurs. The second is investing.
Starting point is 00:00:17 The third pillar of wealth is influencer. Those who have influence, those who have relationships, those who can get attention will build wealth. Welcome to the Digital Social Hour. I'm your host, Sean Kelly. I'm here with my co-host, Wayne Lewis. What up, what up? And our guest today, Ryan Pineda. What's good? How's it going, man? Happy to be here, man. This is a cool little set you guys got. Thanks, thanks. It's a little
Starting point is 00:00:53 sum sum. Yeah. Nothing like your 100k studio, but. You know, we actually just built out another studio and an event center in the office. So we're just kind of just like what you guys got going on here, investing for sure. Yeah. You're ramping up on content this year right that's the goal man it just keeps getting like more important and you know it just keeps growing so it's like you gotta keep throwing money where where the attention is i agree it's something i put a major focus on this year i was that shy kid most of my career but it's time to get out there yeah that's over so does your barber live with you you know he should he should um no every monday dude he comes to the crib and just get lined up right before uh i gotta you know because i usually do all my filming monday and i'm like
Starting point is 00:01:36 done for the week oh you bang it up yeah how many hours do you usually film um on monday i'll film for like three hours and then actually i take that back now i do wednesdays too so monday i'll film for like three hours and then actually i take that back now i do wednesdays too so monday i'll do like my shorter youtube videos any reels i gotta do and then wednesday's my podcast day so i'll go hit a couple of podcast wednesdays and i'm pretty good nice yeah you spent a lot of your life playing baseball right yeah dude i never thought i'd be a business guy or you know social media guy all i ever wanted to do was be an athlete and so you know i was born and raised out here in vegas where we're at so you're the reason why the oakland a's is coming out here right i was like guys you know 13 years ago i never made it you didn't pay me any money
Starting point is 00:02:19 but you got to get out here come check me you were close to making the pros right um well i got drafted by them and then you know i moved up uh three different levels so you i started in rookie ball then short season then low a then high a actually four levels and then um yeah you know that i still had double a and triple a to go and didn't uh get to those levels but wait so even when you get drafted you gotta work your way up your way up? Baseball got levels, bro. There's a lot of levels. It's not just single A, double A, triple A. Some of the best players don't even make it, bro, because there's so many tiers
Starting point is 00:02:52 to it. That's crazy, because when you get drafted in the NFL, you just get on the team, right? It's different. The turnover rate in baseball is super low, bro. They sign 10-year contracts. They're there for years, bro. NFL, you're there for a couple of years, and you're done. You're done. Baseball is up. They're there for a long time might nfl you're there for a couple of years and you're done you're done baseball is up there there for a long time look at a ride oh that's you can play baseball till 40 probably yeah yeah probably older than that yeah yeah for sure and then from there you
Starting point is 00:03:14 got into real estate right yeah you know while i was playing i had to make some money because in the minor leagues you know we were making 1200 bucks a month. And so, you know, yeah, dude, it's crazy. So, you know, in 2010, I ended up getting drafted by the Oakland A's. Then I said, you know what, I need like some way to make money. So I got my real estate license in 2010. And, you know, it was out here in Vegas where we had just like hit the bottom of the recession, you know, prices were all time lowstime lows houses near here were like fifty thousand dollars it's crazy and so like as a realtor it was really hard because if i did sell something the commission was small and everybody else hated real estate because everyone just got burned even though that was the best time to buy yeah so it was a tough time yeah that was a tough time
Starting point is 00:04:04 to enter for sure a lot of real estate agents i feel like don't make a lot of money right yeah i think they say like 10 make 90 of the income yeah um but i mean like that's all things in life you know 80 20 rule but why do you think uh a lot of them don't make money is it it too competitive? I think that they don't treat it like a business. They probably just get their license and they think that, Oh, something to post on. Yeah. My friends will all use me. And it's like, dude, your friends have 20 other realtors. They know too. You're not the only one, you know? And so they just have this false assumption. They're going to just, all these people are going to come to them when in reality, it's like, no,
Starting point is 00:04:42 you got to market, you got to sell, you got to prospect, you got to go do all these people are going to come to them when in reality it's like, no, you got to market, you got to sell, you got to prospect, you got to go do all these things that every business has to do. So you go from making 1200 a month to 12,000 an hour. That's a big, that's a big, that's a big junk. You know what? That's how much he charges. Oh,
Starting point is 00:04:57 his hours worth $12,000, right? Man. I don't know what it's worth these days, but, uh, yeah, I don't,
Starting point is 00:05:04 I don't do too many one-on-ones but uh yeah we were doing the math the other day and it was like five thousand an hour was like what it came out to if you were to just take the hours i work divided or however much i made divided by the hours i work that's 10 mil a year right five thousand hour well i don't work uh 40 well i don't work full-time oh you don't work full time. Oh, you don't work 40 hours a week? No. Wow, you got a good life. Hey, he gets it done. Yeah. It's all about family for you then.
Starting point is 00:05:30 Right. Yeah, I mean, also too, like, how much money do you need? Right? Like, I'm happy with where my life's at. I'm happy, you know, I got a third kid on the way. Oh, congrats. Thank you. That's good.
Starting point is 00:05:43 And, you know, I know that, like, you know that God willing, my income will continue to grow even not having to work 60 hours a week. I think the businesses keep growing year over year so those should still just grow with or without me. We're constantly starting new businesses. We're now acquiring
Starting point is 00:06:01 businesses. You have six, right? Yep. What level of money was that. So you have six, right? Yep. Wow. What level of money was that limit where you were like, I'm good? Dude, honestly, I hate to say this because on one hand, competitively, I'm always trying to get better. Right. As an athlete, you look like you used to be an athlete, too.
Starting point is 00:06:21 Yeah. I still work out every day. I play football. Football. So like you want to get better every day, right? There's always like the next level. And so I think in business it's the same thing, but you also have to have like your standards for which you're willing to go for it. So, you know, there are some people in sports, they're like, I will literally do whatever it takes to get there.
Starting point is 00:06:41 And so they'll take steroids, they'll do whatever, right? And we know people like that in business too. They'll cut any corner to get there. And so they'll take steroids, they'll do whatever. Right. And we know people like that in business too. They'll cut any corner to get there. Um, for me, it's like, man, I want to be the best business person I can possibly be within my own constraints of, Hey, I only want to work these hours, these days. Hey, I'm not going to be in these types of industries. Hey, I'm not going to partner with this type of person no matter how much they could make me, right? So I think life's all about that. It's like figuring out what game you're going to play in,
Starting point is 00:07:14 what are the rules. And play that game. And play it to the best of your ability. What do you think the play is with J.P. Morgan purchasing all that real estate? What do you think that's about? Do you feel like they want to control a certain percentage of the market so that they can have a huge say-so in where the prices go? I haven't heard about what they're doing in real estate. I mean,
Starting point is 00:07:38 like if you just look at JP Morgan in general, I mean, just they got everything they own everything real estate probably just a micro piece of yeah the i mean they just bought first republic bank they you know a billion dollars in real estate yeah really yeah that's probably not that much no that's not that much for them but i was talking to because they just bought first republic for like 200 million or something that's how much they had under assets but um i was i was telling somebody this the other day they're like so what bank is the safest and well i'm like yeah none but uh jp morgan would be the safest i mean the literal jp morgan bailed the u.s out of the great depression like the entire banking system was going to collapse a hundred years ago like go read about it.
Starting point is 00:08:25 Like he, like literally the president called him. They're like, yo JP, like it's about to go down and we don't know what to do. Wow. And he cut the deal together to make everything survive and to, you know,
Starting point is 00:08:38 get the U S word is today. And it's like, you see the same thing happening now. JP Morgan's still doing it. I actually, they weren't connected events but i actually just moved my money to jp morgan and jp morgan's different than chase chase is kind of like their uh i don't know normal person bank anybody can bank with chase okay the peasant
Starting point is 00:09:00 bank so jp morgan is only ultra high net worth people i think you have to have like a 10 million dollar plus net worth wow to to bank with the bank with them yeah like you can't just go up an account at jp morgan yeah no no um and so they had been talking to me for like six months about like moving money over there and you know they wanted to manage just different things and so finally um we did it and then all this other stuff went down i'm like yeah if i'm gonna trust somebody it's gonna be people bailing people out yeah the guy who's always bailed people out for a hundred years so what's the difference between the banks is there higher interest or anything so i mean once
Starting point is 00:09:40 you get to that level with like jp morgan I'm not even like, I'm probably their poorest client, right? Let's just put it that way. So they are all about relationships. So before, like when my money's at Wells Fargo, I don't know about you guys, but Wells Fargo doesn't give me anything. Like I get no special treatment. It's scary to bank there. No. And like they don't even know who I am. Right. I'm just a number to them, JP Morgan. And you know, once you get these higher end things are all about relationships. And so just a number to them, JP Morgan. And you know, once you get these higher end things are all about relationships. And so to give you an example, one of the reasons why we switched over there was I bought a new house and we are refinancing it. And I had some issues on the refi with a different lender. Right. So I said to them, I said, Hey, what could you do on this
Starting point is 00:10:21 house? The house was appraised for 3.9 million. I was trying to get a loan for 3 million. And they said, here, let me let us run all our stuff. And they're like, yeah, we can do it. And they're like, we just have our own funds. Like we don't need to go go through the typical underwriting and all these things that other banks go through. Like if you bank with us, we don't even really want to do mortgages. It's not our specialty, but we'll do it for you because that's the relationship. And I was like so what's the rate what are the fees they're like there are no fees like we're just doing it and what yeah and so it's just zero percent well not the interest rate the fees the interest the interest rates still going to be
Starting point is 00:11:00 cheaper than everything else probably going to be like six percent yeah wow um this is a one-on-one conversation he's having this isn't like yeah this is like yeah we'll do it for you type yeah and so that's that's what these guys do once you get to the those kind of levels it's all relationships that's sick i want to get into some of your interesting spending habits i saw you spend two thousand a week on food i spent a lot of money a week on food yeah yeah why do you uh that's a lot yeah break that down for food. Yeah. Yeah. Why do you, uh, that's a lot. Yeah. Break that down for me. Um, so we've had a personal chef for like the last year, um, maybe a little over that now, but that's basically like 200 bucks a day. So it's like, and that's just for dinner.
Starting point is 00:11:38 That's not like the whole. All the week is seven days, right? Five days. Five days. Yep. So that's a thousand bucks you know on the weekdays and some days we do less than a full week but whatever right um i don't get them the whole week because we like to go out still so on the weekends you know go out and eat and so like
Starting point is 00:11:55 if my wife and i go on a date night you know we might spend three four five hundred dollars for that night and if we go on two or we bring, we bring friends or we like 1500. Yeah. It's coming out to like 1500, 2000 a week. Got it. Yeah. It's easy to do that in Vegas. Yeah. Restaurants are expensive on the strip. I value experiences, you know, like I don't have like all these cars or like crazy stuff. Like I would rather just build my businesses, invest wisely in real estate and then spend the rest on experiences and all the things I want to do. Like traveling and stuff. Yeah.
Starting point is 00:12:30 Like I was just in Dominican two weeks ago. How was that? It was beautiful, dude. So good. You know, we're going to Costa Rica in two weeks. Wow. How often are you traveling? Well, my wife's pregnant right now. So like we're going a lot
Starting point is 00:12:45 because we're trying to go now because, uh, probably in like two months, all of travel's done for the next six months, nine months. So we're really like, all right, where are we going next? Where are we going next? But yeah, I mean, usually we'll go on one big vacation once a quarter. Um, but you know, I'm kind of thinking now as time goes on and this is probably a couple years down the road but just having like a second home somewhere tropical and so we've been looking at these different uh places on vacation but also smart yeah investing you also spent nearly half a million dollars throwing a party. When did I do that? Last week. I think you're referring to my event.
Starting point is 00:13:29 Your event, yeah. Okay. So, yeah, that was, we said that as an ad before, but yeah, I mean, we throw big events every quarter too. You know, I know it's, we were in Hollywood last month and, you know, we had a thousand people there. Cost probably half a million dollars to go get the venue and throw it and, you know, all the after parties and all that stuff. But it was great. You got a new event coming up too, right?
Starting point is 00:13:55 Yep. Wealth Cons here in Vegas, July 11th to the 13th. Love to have you guys there. Yeah, let's do it. Yeah, it's going to be going to be another half a million dollars. What is that even about? Yeah, so it's interesting. I started out as a real estate guy, so everything I always did was real estate.
Starting point is 00:14:15 That was how I made my money initially. And then I eventually got into general entrepreneurship and started other businesses. And then I started getting in social media and like started going on that route. And so wealth con is a culmination of everything I believe you need to build wealth. And so to me, I actually thought of this on the way here and it's something that I never really pieced together until now, but I think there's three pillars that you can build wealth on. And most people have one if they're like successful but like the ultra successful do all three so the three pillars would be entrepreneurs
Starting point is 00:14:53 so you know you're building a business and that's how most people build wealth they they get really good at a skill and they build a business around it and you know that makes them money the second is investing so they go from entrepreneur to an investor so now okay I'm making money from my business right how do I invest it wisely because you know like Warren Buffett says you know the number one rule is don't lose your money right right and so so many good entrepreneurs are bad investors but so they make money they go throw it at whatever this thing is doesn't work the next meme coin and then it's gone right and they work so hard yeah Pepe and so it's gone right so you have to become a great investor once you
Starting point is 00:15:34 start making money right but the third pillar of wealth is influencer right like at the end of the day those who have influence those who have relationships those who can get attention will build wealth. You know, the fact that I chose to start making content has allowed me to meet so many big people in the space. I've got new partners. I've got new investors, new business opportunities, and it'll continue to be that way. Right.
Starting point is 00:16:00 Right. So if you can master even just one of those influencer investor or entrepreneur you're good but if you can get all three powerful you're you're not you're just gonna kill it right so wealth con is about that i got guys who are just the most savage investors speaking people who are the best entrepreneurs and people who are the best you got some heavy hitters there bro yeah you got some heavy hitters and you were able to assemble those speakers from your podcast right yeah it's funny man like we've been doing this every quarter and i haven't really had to pay anybody like it's just everybody wants to speak on the state the state because that's influence right it's like
Starting point is 00:16:39 man because i have influence you know i can go text whoever and be like hey you want to speak at my event yeah and the answer is yes it's not even like up here's my fee it's like oh yeah dude like i got you i'm on there yeah there's any random guy if they wanted to pay a grand cardone it probably cost 100k yeah i've never paid i've never paid grand a dollar and you know him and i have done so many things together you know like we filmed on his tv show he's come to my office for a whole day we filmed podcasts i've been to his office a bunch. Like it's just, you know, and it's not because I'm just such a great entrepreneur or investor. There's way better entrepreneurs, way better investors.
Starting point is 00:17:13 But the thing Grant values is influence because he's like, oh, okay. Like if this guy has some influence, it's going to help me out by being with him. Influence might be the hardest one of the three to get, right? Easily. You think so? Yeah, it's the hardest. You don't think so? It depends on a person.
Starting point is 00:17:32 I think if you have a certain drive and you're pushing, I think you can gain an audience. It's kind of easy to do that with social media, especially if you understand how the algorithm works, when to post, how to post. Just understanding the definition. understand how the algorithm work when to post how to post if you're just understanding so let me add one pushback to this is like it may not i still think it's the hardest one to like even build from initial but it is also the hardest one to maintain yeah because there's no like passive influence right like the moment i go buy real estate if I want to just be done, just let it be. And I'm going to build wealth for the next foreseeable future. If I build a business that's really good and it can function without me, I don't have to do it.
Starting point is 00:18:15 Like it's just going to do its thing. Influence is not that way. It's an active thing that always has to be, you know, adapted and changed to stay relevant. You got to love it the same way well yeah i agree because people fall off man people fall off a lot there's a guy who's hot for a couple of years and then liver king fell off yeah then there's somebody who will copy your whole style yeah i get his hair and liver king's a buddy of mine too he might come he might come speak at wealth con sorry no but a lot of artists fall off like oh yeah i mean look at actors and music artists they're the
Starting point is 00:18:46 number one like yo if you don't put out another good movie or another hit you're dead you're done yeah yeah one of the tweets you tweeted i thought was interesting you believe uh people that save 20 for down payment is stupid on a house i mean look at the end of the day um when you're first starting to build wealth cash is the most limited resource you have right typically you have time you have hustle cash is the the thing that limits you and you know if you're gonna go put say 20% down on house let's just say you know the median house and the US is 400,000 ish right now, I think. So it's like, you got to save $80,000. That's a lot of money. And here's the thing. Most people can't save that. No, there's no way. You can't save
Starting point is 00:19:30 $80,000 for most people. The only way to even get to $80,000 is by using your money to go make the $80,000, right? So you can't just save your way to $80,000 in most cases. So when you know, when you go put 80 grand in something, um, for, for all investors, we always want to have a high velocity of money. We want to like turn the money over as fast as humanly possible. The problem is people buy a rental, they put 80 grand into this rental and then it's just there. It's stuck. And you know, what's that rental make? It makes fricking 200 bucks a month. It's like, no, that is not a good use of 80 grand. At all. I don't care how much it'll be worth down the road.
Starting point is 00:20:10 Right. The better choice is, hey, it's not like I don't want you to own rental properties, but try and figure out how to own them without having to put 20% down. So what's the way to do that? I mean, there's multiple ways. One is use other people's money. Right. So it's like, that's what I do in all my multiple ways. One is use other people's money, right? So it's like, that's what I do in all my deals.
Starting point is 00:20:26 I'm always using other people's money to go buy more real estate. Two, the BRRRR strategy, right? So if you get a good enough deal, you can refinance a few months later and get all your cash back out. So that's okay. If you're going to put 20% down then, and then you know you're getting it back here in the next four to six months, I don't have a problem with that. The other way is simply buying a primary for low money down and then, you know, turning it into a rental down the road.
Starting point is 00:20:52 You know, it's illegal to do it right away, but, you know, you can go get a home right now if you're a vet for 0% down. You could go get a 3% down conventional loan, 3.5% down FHA loan. So, you know, on a $400,000 house to save $12,000 is very attainable. Literally. And so I would rather go to that same house, put 12 grand down. If I'm truly trying to go own real estate and build wealth, I'll go live in it for a year and then I'll go do it again. I'll turn that house into a rental. I'll go buy another house with 3% down and just keep repeating the process. Wow.
Starting point is 00:21:27 I need to use that strategy. I haven't bought a house yet, so I could use that. I mean, it's most people, because most people are locked into the 20% down. They don't even think about it. They don't even think they can buy a house. Yeah, they don't even think they can buy a house. It's too expensive. Well, your first one you get
Starting point is 00:21:43 3%, right? Or 5%. What is it? On your first house? It's expensive well your first one you get three percent right or five percent what is it on your first house it's not even your first you could do it on any primary house yeah oh people don't know that yeah no they don't it's not like a one-time deal you can always do it okay yeah that's why you have events like wealth con and stuff yeah you can go yeah learn those different strategies and stuff like that wow 100 yes educating i want to dive into family stuff because i know you're a big family man yeah um what are your thoughts on homeschooling your kids? Yeah. You know, we just made the choice to do that. Um, it's interesting because my wife was a public school teacher and we both are from Vegas. We both went to public school here in Vegas. And,
Starting point is 00:22:18 uh, when we first got married, I mean, we were broke and we didn't really think we were ever going to be rich. And so we just always assume our kids are going to go to public school. Then as we started to make some money, um, we were like, all right, you know, probably we'll put them in private school. Like that's just what you do and whatever. But then as time went on, as I, you know, interviewed all these people on my podcast, there was just this common theme, like every successful entrepreneur I interviewed, kids, they were homeschooled. And I was like, and I would ask him, I'd ask Cardone, I'd be like, why do you homeschool? He's like, because, you know, if somebody's gonna mess up their kids,
Starting point is 00:22:58 I'd rather it be me. You know, he's like, you already know, the school system is gonna mess them up. Like whether it's some crazy, like leftist agenda, whether it's just sitting in the classroom for six hours learning things that aren't even applicable you know whatever it's like if they're in homeschool i can teach them exactly what i want to teach them both from morals and ethics to like actual skills that are going to be applicable in the real world so that's one thing but the other part that like he and these other entrepreneurs have is just like the travel and the lifestyle it's like yeah we're going to be traveling a lot they got to come with you they got to come with us so you know we can't just pull them out of school for a whole month and then right that doesn't fly right so you you kind of end up in the situation where you have to like and it
Starting point is 00:23:38 makes complete sense on all fronts and i think too the stigma when how old are you guys i'm 34 26 okay we're about the same age so you know the stigma when we were in school was like if you were homeschooled you're a weirdo i mean same with my generation yeah like it is just like dude you're weird um that's not the stigma anymore it's like no i mean especially with online learning and just like i mean i run an online education company it's like online learning and just like i mean i run an online education company it's like online learning is here to stay and it's going to continue to grow you know metaverse will continue to grow one day and be where it needs to be right like so this this learning from home thing ain't going anywhere so how long do you actually um is that for everything
Starting point is 00:24:21 or you let them go to high school do they get to go to prom where you kind of like my kids are so young they're not even like they wouldn't even be eligible for school yet my son's about to be five he's my oldest um so i mean look uh who knows where the the world holds maybe he homeschools for however long and then all of a sudden he's like i want to go to high school and whatever and i'm like all right well we're gonna be going to the dominican i'll see you later right right enjoy it right because they still need to develop social skills too yeah and that was the thing too was uh back then there wasn't like ways to develop social skills but it's like you know when cardone came to my office for a podcast uh he brought his daughter his daughter i don't know i think she's like 12 years old or something. But she just literally goes into office to office to country to country and is just socializing with everyone.
Starting point is 00:25:13 Yeah. You know, like amazing social skills. Networker. Yeah. Already. She's just hanging out with adults all day and like, you know, understanding how to speak to them and relate and like hold herself so like she was a thousand times more mature and like social than a normal 12 year old who just hangs around other dumb 12 year olds that's what i was doing at 12 yeah i was playing
Starting point is 00:25:38 the game all day yeah sure yeah i believe marriage can make or break your business yeah you know i tell uh people this all the time. They're like, do you think you'd be further along if you're single and grinding and everything else? I'm like, well, here's the case study. We like case studies and info. It's like before I got married, I was broke. After I got married, I got rich. So like case study wise, marriage has helped me from that perspective. I would also say, you know, obviously having like a partner in life is, it makes.
Starting point is 00:26:10 It's always beneficial. Yeah, it makes the hard times better. It makes the good times sweeter. It's somebody else there. Like, dude, doing anything lonely sucks. Nobody wants to be lonely. I don't care how many, like, you know, lone wolves there are. They ain't happy, right?
Starting point is 00:26:30 I don't think God created any of us to be just solo by ourselves. That's why he created Eve for Adam, right? So, yeah, I think marriage is great. Now, on the other hand, what I think is a lot of people aren't ready for marriage right because i meet a lot of young entrepreneurs who are like really devoted to their business and i'm like that's great you know and they're like i couldn't i can't get married right now like i just can't give up all this stuff for business i'm like kudos to you for recognizing that because you'd be divorced right so uh you you got to count the cost being married is
Starting point is 00:27:07 amazing but everything in life has a cost having a business has a cost starting a podcast has a cost being married has a cost and so three has a cost having all three has a cost then you decide to have a kid that has a cost yeah so you have to decide like it do your cost benefit analysis right this is the cost of having a wife there's financial emotional there's all these things is it worth the reward what did you learn about your body when you took the 10x health test because i just took that a few months ago oh did you yeah what'd you what'd you find out about your body i found out a lot man i'm really happy i took it like i had a lot of deficiencies, vitamin wise and, uh, some stuff I needed to work on for sure. Yeah. I haven't taken it yet. So you should take it. Yeah. I'm going to. So Gary, Gary Brekka was on my podcast. Who's, um,
Starting point is 00:27:54 Grant's partner in 10 X health and good buddy of mine now. And let me tell you, you know, as much, uh, hate as Cardone gets and just all this other stuff, both of those guys are very true. They want to help. And that goes for the rest of their 10X team too. Like Jared, I text him pretty regularly whenever I have questions about things. But like Gary, he came on the podcast. We talked about a lot of different health things. We reviewed my, um, my results on the 10 XL test. And, uh, it was super eyeopening,
Starting point is 00:28:30 but you know, after the podcast, we started talking because, um, I had a, a few things I wanted to ask him. So like my son has some special needs and I was like, Hey, like, have you ever heard of like any treatments or anything that we don't know about? Because like here in the U.S., they just like if it's not FDA approved, which is like a huge scam, like it's just a money making scam. Yeah. Like then you can't do it. Right. And so, you know, long story short, he got us hooked up with this stem cell research and these just different things. And so we've been doing that and it's been
Starting point is 00:29:05 super good for him. Um, yeah. And you know, like they literally, his team comes to our house whenever they're in Vegas and they do it. And it's like, great. Wow. Um, you know, another one was, and I won't name names, but like one of my friends who's a pretty big influencers wife, um, has cancer and young, young couple. And couple and uh he had reached out to me he goes dude i know you know gary like we're just looking for any kind of like answer or hope and everything else and i was like let me ask him if he if there's anything long story short he's like yeah there's this treatment in mexico that's like super big and like well it's not big like the u.s doesn't want it to be a thing.
Starting point is 00:29:49 Um, because at the end of the day, like the government makes so much money or these pharmaceutical companies, government, whoever makes so much money on sick people. Like that's absolutely. Yeah. Like 75% of the pharmaceuticals in the world are consumed by the U S alone. Whoa. That's the statistic. So we're the sickest people. We're the sickest people we're the sickest people we just keep giving ourselves more covid vaccines and everything else right like we need another
Starting point is 00:30:10 booster apparently right so you know and by the way i never got vaccinated so um number one though he he goes let me um see if i can get him to the front of the line of this this new treatment and you know they did it and she's like showing amazing progress from being like really towards the end like it was late was it stage four yeah wow and um it's just crazy man like uh so yeah i'm a big fan of gary and everything he talks about you know what's funny too is you know you talked about Liver King earlier. So I had interviewed Liver King and Gary very close together, and they both have the same ideology. So as much as Liver King gets hate, too, for all the steroids and other things, his ideology is correct.
Starting point is 00:30:58 Him and Gary both believe you should just eat a ton of red meat. They believe you shouldn't be eating carbs or vegetables. They believe that you should be eat a ton of red meat they believe you shouldn't be eating carbs or vegetables they believe that you know you should be getting sun like d vitamin d but um is the biggest deficiency yeah and gary you know sun fixes that you know and supplements fix that so like they're very in tune with you know believing the same thing interesting yeah only thing about is that the red meat and the fish everybody has has their conflicting beliefs when it comes to that. So it's like, you don't know what to believe. Yeah, you'll talk to a vegetarian who tells you one thing.
Starting point is 00:31:31 You'll talk to a carnivore who tells you the other. Yeah, it's hard. And I think, I don't know. I think there's only one thing I believe about just food is that, for sure, you need a protein. Like, you need a gram of protein per body weight that's the only thing i know for a fact everything else like you could convince me both ways yeah depends on your body too because i took the gene test also and then i found out
Starting point is 00:31:54 i'm allergic to like all the bread stuff yeah i think everyone's allergic to bread man literally yeah i think that yeah actually i'll take that that. That's two things. One, I think everyone needs a gram of protein per body weight. And two, everybody, like, if you eliminate gluten, you'll be good. Yeah. Like, I've changed my eating habits. I'm more protein and vegetables and no rice, none of that pasta. Yeah, that's how I am, too. We'll end it on this.
Starting point is 00:32:21 What's been your best and worst investments of all time? Yeesh. Oh, man. It doesn't have to be money-wise, just, like, in general. Yeah. It could be time, too. Time, time. You know, I'm always, like, an optimistic guy.
Starting point is 00:32:36 So even, like, on my failures, I have a hard time even remembering them because I'm just like, no, that was, like, there was a thing that made me able to do this next thing because I did this, right? Yeah. That makes sense. So it's hard for me to just be like, yep, that was a complete, just terrible investment, whatever. But that being said, I'll say this, just like on the real estate side, I've lost millions of dollars over my 10 plus year career on just like bad deals. And it doesn't matter how good I get at evaluating deals. I've bought hundreds of homes and apartments and other things and like, you still can lose. You like, you run all the numbers, right. And then something happens,
Starting point is 00:33:16 a contractor screws you, the market shifts, the government decides they want to double interest rates. You know, I lost seven figures last year because of that. Like who could predict that the government's going to go double rates, you know, in the shortest amount of time ever like that, like impacted my business heavily. And it sucks. It is what it is. So that that sucked. Now, did I still get through it?
Starting point is 00:33:41 Yeah. I mean, thankfully, we had also a lot of properties that were winners to offset it. I had rentals that I could sell to offset it, you know? So it's like, instead of having this massive cashflow issue that, um, most had, uh, I was able to get through it and, you know, we still have some bad deals that are going to sell and it's going to be done here in the very near future. But, um, you know, real estate and investing, I don't care like how good I am. I'm still going to get losses.
Starting point is 00:34:07 Right. So now as far as the best investment, I've had many real estate deals that have made me millions of dollars. And so, like, those are great. But I would say, you know, beyond the generic response of investing in yourself, I will say the investment into media was probably the smartest thing i ever did so the content the content you know spending the money to hire the right people spending the money on the consultants spending the money on the studios um and i think that's going to continue to be a massively good investment that's why we keep putting more there because your content is working when you're asleep somebody's up watching it yeah studying it's getting millions of views without spending a dollar yeah you have to spend a dollar
Starting point is 00:34:48 you don't have to uh you know you you can be everywhere at once um you know if you got a new product or service you can talk about it and create content around it like it's a skill that's going to continue to get bigger and like when I see these other entrepreneurs doing, um, trying to do media even bigger, for example, you know, we're talking about Cardone. He's got his, um, 10 X studios. He's like trying to produce his own TV shows and stuff. Right. Um, when I see Patrick, but David and value attainment, and he just made like Tucker Carlson, a hundred million dollar offer, right? Oh, he did. Yeah did yeah yeah so he just offered him a hundred million dollars and equity and value attainment tuck gotta take that that's a lot of money he should take that so you know you see patrick like hey all in on media you know you
Starting point is 00:35:36 look at um dave portnoy with barstool he sold it for 600 million yeah look at a big move like i see all these guys saying the same thing doing the same moves and you're like yeah this is they know yeah this is where it's at facts i love that ryan it's been a pleasure any closing comments things you're trying to promote um we talked about wealth con i'd love to see everyone at wealth con um july 11th to the 13th you can go to wealthcon.org to go get your tickets. Go see all three of us. And we got after parties.
Starting point is 00:36:09 The events are crazy. We got, man, off the top of my head, Bradley, Brandon Turner, King Keto, Brandon Carter. Dude, I can't even think of all three. There's literally like 20 speakers. Anthony O'Neill, great dudes. It's one of the best events in Vegas. It sounds like. Yeah, it's going to be lit.
Starting point is 00:36:27 I'm there for sure. Support this man, guys. He just spent half a million dollars for you guys. Just for you. Half a million dollars to go network. Yep. Guys, follow me on Instagram. And thanks for watching the Digital Social Hour.
Starting point is 00:36:40 Digital Social Hour. See you guys next week. Thanks for tuning in.

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