Ryan Begelman

Ryan Begelman, a veteran entrepreneur and investor, shares his expertise in business structuring and wealth creation. He discusses an innovative idea that culinary classes could net millions annually. Ryan also offers insights on hosting influential events and how to draw on private equity strategies for startups without venture capital. He dives into the psychology of selling high-ticket items and reveals his thoughts on balancing ambition with a fulfilling personal life. The conversation is packed with unique concepts for aspiring entrepreneurs.

Ryan Begelman, a corporate mogul turned life coach, opens up about his journey from a $13 million windfall to financial mismanagement. He candidly discusses lifestyle inflation and misguided investments that left him grasping for security. Discover how coaching helped him slash monthly expenses and develop a newfound respect for money. Ryan shares insights on budgeting, the importance of financial literacy, and overcoming emotional ties to spending, all while navigating the complexities of post-exit life.

Ryan Begelman, an entrepreneur known for founding Summit Series and acquiring Powder Mountain, shares his remarkable journey from Wall Street to mountain ownership. He discusses how community engagement and innovative strategies paved the way for his success. Ryan explores the rise of 'drop-servicing' as a new business model, while both he and Sam delve into the allure of subscription memberships. Additionally, he offers insights on reinventing museums with immersive experiences and the potential for entrepreneurial ventures like a Southern Burning Man.

Who Is Ryan? Ryan Begelman co-founded Summit Series, described as “TED meets Burning Man” & “The Davos of Gen Y” by Forbes They’ve become known for hosting incredible events with thousands of leading creators like Richard Branson, Jeff Bezos & Jessica Alba. Summit acquired Powder Mountain, America’s largest ski resort after pre-selling the opportunity to their community. Ryan also bought into Bisnow Media, became CEO & sold for a reported $50mil+, all without venture capital. What You’ll Learn Part 1: Business Frameworks + Backstory Framework For Business Ideas – a technique to generate ideas: marketing, monetization + markets Bootstrapping + Buying A Mountain – how they pre-sold an idea to their community to buy a mountain for $50mil + why you should consider bootstrapping too Joint Venture Waterfalls – applying a concept from private equity to real estate + businesses Dealflow – four ways to think about generating deal flow: hunting, trapping, farming, trading Replacing Yourself – how to find, hire & train someone to replace you Part 2: Holistic Entrepreneurship, Philosophy + Mental Fitness Redefining Wealthy + Holistic Entrepreneurship – creating a well-rounded, fun & meaningful life through entrepreneurship “Software For The Brain” – train your brain for mental fitness, developing awareness + neuroplasticity Practical Philosophy – concepts from greek philosophy, Buddhism & stoicism to help you be less reactive + less annoyed The Story of the Chinese Farmer – a parable about nature + grounding yourself in truth Ego – is wanting to leave an indelible mark on humanity a form of ego or something to strive for? Time Stamps (YouTube) 00:00:00 Preview 00:01:54 Welcome 00:04:16 Summit Series 00:10:12 Buying A Mountain 00:12:18 Revenue & Size of Summit & Bisnow Sale 00:15:28 Holistic Entrepreneurship: The Trap of Venture Capital 00:22:43 Life Cycle of Real Estate Investing 00:25:34 Joint Venture Waterfalls 00:31:22 Business Idea Framework 00:34:42 Pickleball Example 00:41:01 Finding Trends 00:42:39 Dealflow: Hunting, Trapping, Farming, Trading 00:47:20 Hiring Someone to Replace You 00:50:43 Part 2: Mental Fitness, Philosophy & Holistic Entrepreneurship 00:58:16 Mindfulness 01:05:53 Developing Awareness 01:08:30 The Story of the Chinese Farmer 01:11:14 “Don’t Be the Tree Limbs, Be the Trunk” 01:14:12 Assumptions and Biases 01:17:02 Dropping Your Concept of Right and Wrong 01:18:48 Appeal of Stoicism: Controlling What You Can Control 01:22:56 Training Your Brain 01:24:36 Getting Out Of The Worst Phase Of Your Life 01:28:37 Relationships Aren’t for Happiness 01:32:11 Dealing with Ego 01:34:00 Training Himself To Complain Less 01:35:40 Is Making An Impact On The World Driven By Ego? 01:37:30 Avoiding Unsolicited Feedback 01:38:22 Alternative To Jumping To The Solve 01:39:13 Wrap-Up   Thank you to our partner   This week's episode is supported by InstaSleep Mint Melts, the drug-free, convenient sleep aid.   They’re easy to take without water & melt in your mouth like a mint. They’re designed to help you fall asleep faster & wake up without feeling groggy in the morning.   If you’ve had issues sleeping like I have, try them out - available at select Walgreens stores and their website: www.upgradeyoursleep.com

Ryan Begelman, a successful entrepreneur known for selling BizNow Media for $60 million, shares valuable insights on operational excellence and high-performance leadership. He discusses strategies for effective hiring, emphasizing the importance of filtering for high intelligence and innovative testing methods. Ryan also dives into his unique approaches to community building and operational practices that drive business growth. His inspiring journey of bootstrap entrepreneurship highlights the challenges and triumphs on the path to building successful ventures.