Entrepreneurship, Failure & the Power of Staying Consistent

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 20 February 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Success isn’t built on perfection—it’s built on consistency, resilience, and learning from failure. Dive into this conversation on entrepreneurship, real estate, and how mindset shifts can turn setbacks into setups for bigger wins. --- If you want to level up, text me at 725-527-7783! Get access to our real estate community, coaching, courses, and events at Wealthy University https://www.wealthyuniversity.com/ Join our FREE community, weekly calls, and bible studies for Christian entrepren...

Transcript

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0:00.0	And to set the stage, if you guys don't know Dave Ramsey's story, Dave Ramsey was a wonderful
0:04.4	house flipper for a long, you know, he was a million, he had a million dollar net worth
0:08.2	back when a million dollars met something.
0:09.7	Yeah, it was a lot of money.
0:10.7	It was a lot, it was probably like 10 million today or maybe 15 today, so a big number.
0:15.4	And the market turned and the market got him, right? 90-day debt, bankrupt, you know, it was all kinds of
0:22.4	pain and suffering. And the first thing I wanted to ask is when Dave was reliving that story,
0:29.5	I was wondering if you were thinking in your mind going, oh, I remember how this feels,
0:33.7	because you've shared privately that you had a pain. I share privately, publicly.
0:37.3	Okay. Yeah, and share privately, publicly.
0:37.8	Okay.
0:41.1	Yeah, and I kind of prefaced with that.
0:45.0	I told Dave during that interview, I was like, hey, Dave, I want you to know, like, I kind of used to be a hater, dude.
0:47.1	And because most real estate guys don't really like Dave.
0:50.2	Yeah, that one message about debt, right?
0:51.9	Yeah, because as real estate guys, we love debt. We're like, hey, this is like why real estate's great.
0:56.6	You get write-offs, you can leverage.
0:59.9	You know, you get into properties for very little capital.
1:03.1	Like, that's great.
1:04.4	And he's just like, no debt at all.
1:06.5	Period.
1:07.0	Period.
	...

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