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

36m
πŸ“’ 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.
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Transcript

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.

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 a little something

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 got to keep throwing money 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.

No, every Monday, dude, he comes to the crib and just get lined up right before

I got it.

You know, because I usually do all my filming Monday and I'm like done for the week.

Oh, so you bang it out.

How many hours do you do you usually film?

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 do like my shorter YouTube videos, any reels I got to do.

And then Wednesday is my podcast day.

So I'll go hit a couple of podcasts Wednesdays and I'm pretty good.

Nice.

Yeah.

You spent a a lot of your life playing baseball, right?

Yeah, dude.

I never thought I'd be a business guy or a 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 Ace is coming out here.

Right.

I was like, guys,

you drafted me, you know, 13 years ago.

I never made it.

You didn't pay me any money, but you got to get out here.

Come check me.

You were close to making the pros, right?

Well, I got drafted by them, and then, you know, I moved up three different levels.

So I started in rookie ball, then short season, then low A, then high A, actually four levels.

And then,

yeah, you know, I still had AA and triple A to go and didn't get to those levels.

Wait, so even when you get drafted, you got to work out.

You got levels, bro.

Dude, there's years.

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 to it.

That's crazy because when you get drafted in the NFL, you just get on the team, right?

It was different.

The turnover rate in baseball is super low, bro.

They signed 10-year contracts.

They're there for years, bro.

NFL, you're there for a couple of years.

You're done.

You're done.

Baseball is there for a long time.

Don't look at A-Rod.

But you can play baseball until 40, probably.

Yeah, probably older than that.

Yeah.

For sure.

And then from there, you 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 $1,200 a month.

And so, you know, yeah, dude, it's crazy.

So, you know, in 2010, I ended up getting drafted by the Oklahoma 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, was out here in Vegas where we had just like hit the bottom of the recession.

You know, prices were all-time lows.

Houses near here were like $50,000.

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 die.

So it was a tough time.

Yeah, that was a tough time to own it 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.

But I mean, like, that's all things in life, you know, 80-20 rule.

But

why do you think a lot of them don't make money?

Is it too competitive?

I think that...

They don't treat it like a business.

They probably just get their license and they think that

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 gonna just, all these people are gonna come to them.

When in reality, it's like, no, you gotta market, you gotta sell, you gotta prospect, you gotta go do all these things that every business has to do.

So you go from making $1,200 a month to $12,000 an hour.

That's big.

That's a big joke.

You know what?

That's how much he charges.

Oh,

his hour is worth $12,000, right?

Man, I don't know what it's worth these days, but yeah, I don't do too many one-on-ones.

But

yeah, we were doing the math the other day, and it was like $5,000 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?

5,000 an hour.

Well, I don't work 40.

Well, I 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.

Wow.

It's all about family for you then right yeah i mean also too like

how much money do you need right like i i'm i'm happy with where my life's at i'm happy you know i got a third kid on the way um

thank you and you know i know that like i you know god willing my income will continue to grow even not having to work you know 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 businesses.

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.

Yeah, which you 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.

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.

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 can make me, right?

Like, so I think life's all about that.

It's like figuring out what game you're going to play in.

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 JP 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, you know have a huge say-so in where the prices go or

i i don't i haven't heard about what they're doing in real estate i mean like if you just look at jp morgan in general i mean they just they got everything they own everything and real estate's probably just a micro piece of yeah the in the i mean they just bought first republic bank they saw that you know

a billion dollars in real estate yeah really yeah that's probably not that much for them no that's not that much for them

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

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

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 100 years ago.

Like go read about it.

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, get the U.S.

where it 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,

I don't know, normal person bank.

Anybody can bank with Chase.

Okay.

Peasant bank.

So JP Morgan is only ultra high net worth people.

I think you have to have like a $10 million plus net worth

to bank with them.

Bank with them.

Yeah.

Yeah.

Like you can't just go open an account at JP Morgan.

Yeah, no, no.

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

we did it.

And then all this other stuff went down.

I'm like, yeah, if I'm going to 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 a higher interest or anything?

So, I mean, once you get to that level with like JP Morgan, and I'm not even close, 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 was scary to bank there.

No, and like, they don't even know who I 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 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 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 their 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

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 0%?

Well, not the interest rate, the fees.

The interest rates still going to be cheaper than everything else.

Probably going to be like 6%.

Yeah.

This is a one-on-one conversation he's having.

This isn't like,

yeah, this is like, we'll do it for you type.

Yeah.

And so that's, that's what these guys do once you get to 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 $2,000 a week on food.

I spent a lot of money a week on food.

Yeah.

Yeah.

Why do you, that's a lot.

Yeah.

Break that down for me.

So we've had a personal chef for like the last year, uh, maybe a little over that now, but that's basically like 200 bucks a day.

So, it's like, oh, and that's just for dinner, that's not like the whole all day, a week of 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, 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 $1,500.

Yeah, it's coming out to like $1,500, $2,000 a week.

Got it.

Yeah, it's easy to do that in Vegas.

Yeah.

These 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.

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 because we're trying to go now because

probably in like two months, all of travel is 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.

But, you know, I'm kind of thinking now as time goes on, and this is probably a couple of years down the road, but just having like a second home somewhere tropical.

And so we've been looking at these different 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.

Your event.

Yep.

Okay.

So, yeah, that was, we, we've said that as an ad before, but uh, yeah, I mean, we, 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?

Yep.

Wealthcons here in Vegas, July 11th to the 13th.

love to have you guys there

let's do it yeah yeah it's gonna be gonna be a another half a million dollars

what is it

what has that even about yeah so it's interesting you know i started out as a real estate guy so everything i always did was real estate that was how i made my money initially and then i eventually got into like general entrepreneurship and started other businesses right um and then you know 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.

Gotcha.

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.

So, you know, you're, 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 many good entrepreneurs are bad investors.

Right.

So they make money.

They go throw it at.

whatever this thing is.

It 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 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 gotten new partners.

I've gotten new investors, new business opportunities, and it'll continue to be that way.

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, you're powerful.

You're just going to kill them, right?

So WealthCon 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, although.

Yeah.

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 because that's influence, right?

It's like, man, because I have influence, you know, I can go text whoever and be like, hey, you want to speak at my event?

And the answer is yes.

It's not even like, oh, here's my fee.

It's like, oh, yeah, dude, like, I got you.

Because any random guy, if they wanted to pay a Grant Cardone, it probably cost 100K.

Yeah.

I've never paid Grant 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.

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 able to do it.

Yeah.

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.

I think if you got a certain drive and you're pushing, I think you can you can you can gain an audience.

It's kind of easy to do that with social media, especially if you understand how the algorithm work, when to post, how to post.

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 the moment I go buy real estate, if I want to just be done, you're done.

Just let it be.

Yeah.

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, you don't have to start another one.

I don't have to do it.

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 they say.

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 host out.

Yeah.

Like, get his hair cut.

And Liver King's a buddy of mine, too.

He might come speak at WealthCon.

Sorry for that.

No, but a lot of artists fall off.

Oh, yeah.

I mean, look at actors and music artists.

They're the number one, like, yo, if you don't put out another good movie or another hit, you're dead.

You're done.

Yeah.

One of the tweets you tweeted I thought was interesting, you believe people that save 20% for down payment is stupid on a house.

Yeah.

I mean, look, at the end of the day,

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 thing that limits you.

And, you know, if you're going to go put, say, 20% down on a house, let's just say, you know, the median house in the U.S.

is

400,000-ish right now, I think.

So it's like, you got to save 80 grand.

Right.

That's a lot of money.

And here's the thing.

Most people can't say that.

No, there's no way.

You can't save 80 grand for most people.

The only way to even get to 80 grand is by using your money to go make the 80 grand, right?

So you can't just save your way to 80 grand in most cases.

So,

you know, when you go put 80 grand in something,

for all investors, we always want to have a high velocity of money.

We want to turn the money over as fast as humanly possible.

The problem is people buy 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 freaking 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.

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.

Because 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 deals.

I'm always using other people's money to go buy more real estate.

Two, the bird 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 turning it into a rental down the road.

You know, it's illegal to do it right away, but

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.

You know, and so I would rather go to that same house, put $12,000 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.

I need to use that strategy.

I haven't bought a house yet, so I could do it.

I mean, it's most people, because most people are locked into the 20% down.

So 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 3%, right?

Or 5%.

What is it?

Like your first house?

It's not even your first.

You could do it on any primary house.

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 WealthCon and stuff.

You can go and 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.

What are your thoughts on homeschooling your kids?

Yeah, you know, we just made the choice to do that.

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 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 assumed our kids are going to go to public school.

Then as we started to make some money,

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?

And he's like, because, you know, if somebody's going to mess up their kids, I'd rather it be me.

You know, like, he's like, you already know the school system is going to 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 lifestyles.

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 right that doesn't fly right so you you kind of end up in this situation where you have to like and it makes complete sense on all fronts and i think too

the stigma when i how old are you guys i'm 34 26.

okay we're both 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 was 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 is here to stay and it's going to continue to grow yeah 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?

Or are you going to let them go to high school?

Do they get to go to prime?

Are you kind of like, no?

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, who knows?

We're the world hosts.

Maybe he homes schools 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 going to be going to the Dominican.

I'll see you later.

Enjoy it.

Because they still need to develop social skills, too.

Yeah.

And that was the thing, too, was 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,

he had 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 yeah you know like amazing social skills

already yeah

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.

I was playing a game all day.

Yeah, for sure.

Do you believe marriage can make or break your business?

Yeah, you know, I tell 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's

yeah, it makes the hard times better.

It makes the good times sweeter.

It

is somebody else there.

Like, dude, doing anything lonely sucks.

Nobody wants to be lonely.

I don't care how many like, you know, lone wolfs there are.

They ain't happy, right?

Um, 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 would be divorced.

Right.

So

you got to count the cost.

Being married is 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 all three has a cost.

Having all three has a cost.

Then you decide to have a kid.

That has a cost.

So you have to decide, like,

do your cost-benefit analysis.

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 did 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 some stuff I needed to work on for sure.

Yeah.

I should take it yet.

You should take it.

Yeah.

I'm going to.

So, Gary, Gary Breco was on my podcast, who's Grant's partner in 10X Health, and good buddy of mine now.

And let me tell you,

you know, as much hate as Cardone gets and just all this other stuff, you know, both of those guys

are very true.

Like, they want to help, you know, and

that goes for the rest of their 10x team too.

Like, Jared, you know, I text him pretty regularly whenever I have questions about things.

But, you know, like Gary, you know, came on the podcast.

We talked about a lot of different health things.

We reviewed my

results on the 10x health test.

And it was super eye-opening.

But, you know, after the podcast, we started talking because I had 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, they just like, if it's not FDA approved, which is like a huge scam,

like it's just a money-making scam.

FDA approved.

Yeah, like, then you can't do it.

Right.

And I'm so, you know, long story short, he got us hooked up with this stem cell research and these uh just different things and so we've been doing that and it's been super good for him really 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

you know another one was and I won't name names but like one of my friends who's a pretty big influencer's wife has cancer and

young young 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 right 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 just keep giving ourselves more COVID vaccines and everything else, right?

Oh, God.

Like, we need another booster, apparently, right?

So,

you know, and by the way, I never got vaccinated.

So

number one, though, he goes, let me 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, like it was late.

Was it stage four?

Yeah.

Wow.

And

it's just crazy, man.

Like,

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 like close together.

Yeah.

And they both have the same ideology.

So like, as much as Liver King gets hate too for all the steroids and other things, his ideology is correct.

Like 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 know, you should be getting sun.

Like D, vitamin D

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.

The funny thing about it is that the red meat and the fish, everyone has their conflicting like beliefs when it comes to that.

So it's like, you don't, I mean, you don't know what to believe.

Yeah, you'll talk talk to a vegetarian who tells you one thing, then you'll talk to a carnivore who tells you the other.

Yeah, it's hard to, 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 I'm allergic to like all the bread stuff.

Yeah.

I think everyone's allergic to bread, man.

Literally, yeah.

Yeah, I think that

actually, I'll take 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.

Nothing that pasta.

Yeah, man.

That's how I am, too.

We'll end it on this.

What, what's been your best and worst investments of all time?

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.

So even like on my failures, I have a hard time even remembering them because I'm just like, no, that was like learning.

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, like,

I'll say this, just like on the real estate side, like 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.

Like, you run all the numbers right.

And then something happens.

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 who could predict that the government's going to go double rates

in the shortest amount of time ever like that like impacted my business heavily and it just it sucks it is what it is um

so that that sucked now

did i still get through it yeah i mean thankfully we had also a lot of uh 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 cash flow issue that um most had

uh i was able to get through it and you know we still have some bad deals that are gonna sell and it's it's going to be done here in the very near future.

But,

you know, real estate and investing.

I don't care like how good I am.

I'm still going to get losses.

Right.

You're still going to be losses.

Yeah.

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.

And I think that's going to continue to be a massively good investment.

And 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.

It's getting millions of views without spending a dollar.

Yeah.

You don't have to spend a dollar.

You don't have to,

you know, you can be everywhere at once.

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 10x studios he's like trying to produce his own tv shows and stuff right um when i see patrick but david and value tainment and he just made like tucker carlson a hundred million dollar offer right oh he did yeah yeah so he just offered him a hundred million dollars and equity in value tainment tuck gotta take that that's a lot of money Tuck got to take that.

He should.

He should.

So, you know, you see Patrick like, hey, all in on media.

You know, you look at Dave Portnoy with Barstool.

He sold it for 600 million.

Yeah.

You look at

like, I see all these guys saying the same thing, doing the same moves, and you're like, yeah, this is, they know.

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?

We talked about WealthCon.

I'd love to see everyone at WealthCon.

July 11th to the 13th, you can go to wealthcon.org to go get your tickets.

Go see all three of us.

And, you know, we got after parties.

The events are crazy.

You know, we got,

man, off the top of my head, Bradley, Brandon Turner, King Keto, Brandon Carter.

Dude, I can't even think of all of them.

There's literally like 20 speakers.

Anthony O'Neill, great dudes.

It's one of the best events in Vegas.

Yeah, it's going to be late.

I'm there for sure.

Support this man, guys.

He just spent half a a million dollars for you guys.

Just for you.

Half a million dollars to go network.

Yeah.

Guys, can follow me on Instagram and thanks for watching the digital social hour.

Digital Social Hour.

See you guys next week.

Thanks for watching.