#49 REACTIV: Lessons in Risk, Reward, and Entrepreneurship | Ryan Boykin, Founder & CEO

In Episode #49, we explore lessons in risk, reward, and entrepreneurship. We’re joined by Ryan Boykin, Founder and CEO of REACTIV. We cover building for the long-term, how Atlas Real Estate and REACTIV began, and what makes a person an entrepreneur. “You have to start businesses with an eye towards what they will become, but also an eye towards some of the risk associated with it. And a two-miracle deal requires way too much risk, and you've got to walk away from those before you start them.” – Ryan Boykin EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/ryan-boykin1-outlier-academy-show-notes  FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/ryan-boykin-outlier-academy-transcript  CHAPTERS This episode is our definitive guide to risk and reward in entrepreneurship. In it we cover: (00:00:00) – Introduction (00:01:42) – Ryan’s thoughts on business as a problem solver (00:06:44) – What makes a person an entrepreneur (00:09:42) – How Atlas Real Estate and REACTIV began (00:18:19) – On risk, reward, and overcoming negativity (00:29:08) – Overcoming fear (00:31:45) – Building for the long-term (00:45:39) – Advice for entrepreneurs (00:49:12) – Reflection and self-care (00:53:16) – Entrepreneurs: just do it! ABOUT REACTIV Ryan Boykin is the Founder and CEO of REACTIV. In this episode, we explore how he got started investing in Detroit in the depths of the 2009 financial crisis, how he raised more than a billion dollars to invest in single family, residential homes across the US, and how he founded in scaling his latest company Reactiv in the commercial real estate space. In this episode, you'll learn how Ryan thinks about risk and reward, including how he takes advantage of opportunities that are disguised as gut-wrenching risk, and the lessons he's learned as a serial entrepreneur, building Atlas, Archipelago, and now Reactiv, an online listing platform geared toward the commercial real estate industry. Ryan also shares his advice for entrepreneurs, including why he's building a venture back company now, after building multiple bootstrap companies. 💌 FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 ABOUT OUTLIER ACADEMY Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK. Website: https://www.outlieracademy.com Twitter: https://www.twitter.com/outlieracademy ABOUT DANIEL SCRIVNER Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts. Website: https://www.danielscrivner.com Twitter: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices