He's Sold 30 Companies | Derik Fay
Wealthy Way
Why You Shouldn't Sell When You're Ready to Sell
"I am an expert at selling when things seem like they're the best and they probably are," he says. "That's how you get exit multiples higher than anybody else." He adds: "If we have 10 coffee shops, let's say, and we've got leases on seven more, we can sell all of them"
A hustler at heart, Derik Fay has worked his way from scratching deals together as a 15 year-old to earning over 1.2 billion dollars in acquisitions last year. At this stage of his career, he’s committed to helping as many entrepreneurs as possible achieve success alongside him. If you want some hard earned advice for how to manage your companies, how to find an edge that gives you an advantage in any deal, or when to sell a company, this podcast is for you!
For only .99 CENTS order my new book “The Wealthy Way: Don’t Go Broke Trying To Get Rich” and get FREE access to my new course “Business Builder Academy” where I go over all the fundamentals of building a 7-figure business.
https://www.wealthyway.com/book
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Here's how my businesses can help you:
Want to be coached by me on real estate investing? Apply at https://wealthyinvestor.com
Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.io
You can invest in my real estate deals! Go to https://pinedacapital.com
Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/
For a free consultation with my team go to https://RyanPineda.com
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My other social media channels:
Subscribe to my real estate only channel "Wealthy Investor" https://www.youtube.com/c/futureflipper1
Follow me on Social Media:
https://www.instagram.com/ryanpineda
https://www.tiktok.com/@ryanpineda
https://www.twitter.com/ryanpineda
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Derik and Ryan talk about several skills that a successful entrepreneur needs to know, including:
- How to make sure your employees are working hard (spoiler: keep them happy; employees who work happy = employees who work hard)
- What mindset to have when considering a deal (seeing angles is everything)
- When to start selling a business for the largest profit
- Where AI is going and how it’s affecting businesses
- How a beginning entrepreneur should get started
- What role social media marketing plays for an entrepreneur
Follow Derik on social media for more golden advice, and get your own social media
Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/
Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.com
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/
Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda’s private golf mastermind for high-level founders and dealmakers. www.mastermind19.com
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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 and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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