In the third episode of the Passive Investing Show, Ashley and J look back at an interview with top commercial broker and social media and branding expert Ryan Serhant. J and Ryan discuss how your mindset is one of your greatest assets. Shifting your perspective and changing the way you approach your business can make all the difference. In all of your endeavors, stay hungry!
J and Ryan also talk about building brands and scaling success.
Here are some power takeaways from today’s conversation:
Episode Highlights:
[3:06] Nice Guys Finish First
The entrepreneurial world can be a ruthless place, but if your business fails, you’ll be left with who you are as a person at the end of the day. This is why Ryan strives to be someone who is smart and hardworking — and kind.
Ryan didn’t always think this way. He had a rough start in real estate, but both his desperation and his passion made him the entrepreneur he is today.
[7:50] The Winner’s Mindset
Ryan admits to being money-driven starting out in real estate. Being mentorless and an outsider to New York City shifted his perspective to wanting to self-teach, improve, and become better than everyone else.
Even after having established steady passive income streams through deals and agents, Ryan didn’t falter. He couldn’t stop pursuing business ventures knowing there was still more he could do.
[13:21] Goals and Giving Back
Ryan works hard for his future for the simple reason that he’ll have to live it out someday. It can be easy to want to shirk today’s responsibilities for tomorrow, but you will have to face them eventually.
Ryan admits to being money-driven starting out in real estate. Being mentor-less and an outsider to New York City shifted his perspective to wanting to self-teach, improve, and become better than everyone else.s possible.
[17:00] Ryan’s Passive Investments
Ryan believes strongly in education so he invests a lot into a digital education business — evergreen content. He also invests in real estate and has a rental portfolio.
In spite of COVID, Ryan believes that the real estate market is still going strong. With so much wealth creation as of late, people have been investing more in hard, unique, and alternative assets, and real estate.
Notable Quotes from the Episode:
[3:41] “If all the business goes away, the world blows up, you're a good person or you're a bad person and I want people around me that like me.”
[10:07] “I love [being ranked eleventh best sales team in New York City]. Because now I only have up to go, and everyone else, one through 10, just gets to fucking wait.”
[14:12] “It's easy to roll through today and, ‘Whatever– I'll get to it tomorrow,’ but pretty soon, tomorrow shows up. And you have to live with the consequences.”
Resources Mentioned:
