Ryan Pineda, experienced in real estate, discusses the importance of having the right team, strategy, and time to acquire deals. He shares his journey from a minor league baseball player to a successful entrepreneur worth over $100 million. Topics include cultural factors in hiring practices, the advantages of being Latino in business, and utilizing virtual assistants for various tasks.
Imperfection didn't hinder closing deals, emphasizing networking and hustle as key strategies.
Transitioning to VAs for lead generation highlighted cost-effectiveness and performance, focusing on Filipino workers' work ethic and loyalty.
Deep dives
Diverse Skill Set and Hustler Mentality in Real Estate
The speaker highlights their background bridging a hustler mindset with an economics degree and problem-solving abilities. They share their experience in house flipping, where networking and hustle were key strategies. Mentioning their unconventional cold calling approach in 2018 without advanced tools like CRM, they emphasize that imperfection didn't hinder the closure of 150 deals that year.
Transition to VAs and Efficient Operations in Real Estate
The speaker reflects on transitioning from American cold callers to VAs in 2019, noting the higher performance and cost-effectiveness of VAs. They stress the importance of hiring VAs for lead generation and the potential for VAs to outperform traditional American workers. The discussion delves into the benefits of hiring from the Philippines and Latin America, highlighting the work ethic, loyalty, and English proficiency of Filipino workers.
Role Expansion and Specialization in Remote Work
The conversation expands to the varying roles VAs can undertake, including cold calling, lead management, graphic design, and executive assistance. It emphasizes the progression of VAs from entry-level cold calling to more specialized roles like acquisition managers, with a focus on skill development and leadership opportunities. The speaker underlines the negotiation skills and hustler mentality prevalent in Latin America, positioning remote Latino workers as versatile and capable across a range of responsibilities.
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media a...
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