meta_pixel
Tapesearch Logo
Wealthy Way

Run Your Business Like a Team, Not a Family: Lessons from the Front Lines

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 12 April 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

What if the key to scaling your business and serving your purpose was learning when to let go? From being mentored by legends like Coach John Wooden to navigating $25M in losses, this raw, real talk dives into leadership, hiring, firing, and the God-ordained journey of growth. 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 entrepreneurs and b...

Transcript

Click on a timestamp to play from that location

0:00.0

I was mentored by a couple great coaches. Coach John Wooden of UCLA fame was a mentor of mine.

0:05.4

He's no longer with us. And Coach Dale Brown, I've learned a lot about, you know, running sports teams just based on their mentorship.

0:13.1

And you want to be on a winning team. There's nothing, even as a CEO and owner of a company, if you are losing everybody's morale is low, it's painful.

0:21.6

It exacerbates all of the flaws and problems in a company.

0:25.6

And when you're winning, it's exciting and fun.

0:28.6

So your job is to make sure you're making the personnel changes.

0:31.6

You're correcting people frequently.

0:33.6

You're moving toward conflict.

0:35.6

And you blow the whistle. When a player's not performing at their best, you pull them off the floor and you blow the whistle.

0:45.7

When a player's not performing at their best, you pull them off the floor and you let them know that there's standards that they need to be playing toward and that you expect more of them.

0:49.6

And you have to run your company like a sports team, not like a family.

0:54.5

As you said, a family is, and you know who makes the biggest mistakes at this, believe it or not,

0:59.6

kingdom building entrepreneurs. I know. Right? They can't fire anybody. Well, that's why I don't fire people anymore. I took it out of my hands because I can't do it. I, I mentor, I want to see

1:04.5

someone redeemed. Yeah, I mentor a CEO who called me and he said, the reason why I'm inviting you to, into the board is a big company

1:11.0

is because it breaks my heart to let a person go. And I'll give you a framework that I've

1:16.0

developed. My job is not to keep you from the wilderness. If you're supposed to go to the wilderness,

1:20.4

that's between you and God. Yeah. And if I'm making a bad mistake by firing you, the marketplace

1:25.8

is going to pick you up and pay you more. Yeah. you're going to call me and say, thank you. Yeah. Right? So it's my ego that keeps you here.

1:33.1

Yeah. Because if you're supposed to go into the wilderness, that's between you and God and you're going to

1:36.7

come out stronger. But if I keep you here, I'm stopping you from the growth that God has planned for you. And if I'm wrong and the marketplace is going to reward you more,

1:46.2

then let you go. And frankly, I've never been upset about a fire. I've never looked back and

1:51.3

said, I should not have fired that person. Yeah, I've never regretted it. Never. I've always regretted

...

Transcript will be available on the free plan in 17 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Ryan Pineda, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ryan Pineda and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.