Real Estate Struggles, How to Succeed, and What Your Visions for the Future Should Be

Ryan Smith didn’t enter the real estate industry until very recently. Already owning a trucking business that earns him 40k a month, he took a risk to be a real estate agent. And believe it or not, he sucked at his first real estate venture.

Now a broker and CEO of his very own real estate company, Cinch Home Buyers, he wants to educate buyers & sellers on getting the best deals. And in this interview, he shares how a can-do attitude, love for risk-taking, and surrounding oneself with the best people can help anyone achieve their business goals.

Don’t Forget To Reach Out To Ryan Smith:

Email: ryan@cinchhomebuyers.com
Facebook: https://www.facebook.com/CREIGroup/
Instagram: https://www.instagram.com/CinchInvestor/
Website: https://cinchhomebuyers.com/

Quotes -

“My vision for a company is to be able to scale nationally.” -4:50

“I have just been a very risk-oriented person.” -7:50

“In the world of business, you can’t learn everything until you go do it.” - 8:46

“A lot of times, it’s just in your head. A lot of this stuff is just in your head.” -9:30

“When you make that first step, [...] maybe you’re not sure. You might fall. You might get hurt. It’s not the end of your life.” -9:50

“It’s a lot easier if you have other people surrounding you, and you actually learn from the great.” - 11:52

“Age does not matter at all.” - 40:42

“I think the earlier you start, The better it’s gonna be for you.” - 40:47

“Just do it. You’re gonna take a risk. It’s okay to fall; you’ll get better.” - 41:13

“Put your aces in their places.” - 42:02

“If you put money in people’s hands that aren’t ready for it, It causes crazy damage.” - 45:01

“They say money is like an accelerator. In a good path, money will accelerate. If thrown in a bad path, it will accelerate them sometimes to their death.” -50:06

“I think you should attack that fear and conquer it.” - 50:35

Concepts -
If you’re still new in your industry, it pays to ask for help from people who have enough experience. -1:15
Have the vision to expand a business. Learn to be patient and think of the big picture. - 4:57
Having a ‘Just jump, take risks’ mentality can lead you to success. - 6:24
Don’t just be a thinker but be a doer. - 8:32
Sometimes, you learn more from doing things or experiences than from reading a book. -8:46
Failures are always there. Be bold and take risks. Every day is always a new beginning - 9:40
Surround yourself with the right people (mentors) who can teach you important things. -11:50
Beginning a new business venture is not pretty at first. But don’t lose hope. -14:00
Be optimistic. This mindset can motivate you to do better. 16:30
Look for employees that are independent, social, high drive, flexibility. -24:00
Age doesn't matter when it comes to success. The earlier you start, the better it’s gonna be for you. - 40:45
Success does not move in a diagonal line. It all depends on you at the end of the day. - 41:09

Time Stamps -

0:00 Introduction
0:39 Lost transaction in Raleigh, North Carolina
2:13 Putting the memorandum in
3:17 Background and getting into real estate
4:14 Being a real estate agent
5:45 “I have no thought process at all.”
7:42 Making the jump
9:00 Applying BMX skills in real estate
10:50 Skydiving experience
13:24 3 to 6 months of investing–trucking company
16:04 Getting your first deal is pretty cool
17:47 Value of money
23:34 Challenges and struggles experienced
25:28 How are you finding these deals?
27:57 Scaling your business
33:24 80% guy vs 17% guy
35:20 Talking about your role in your business
36:58 When is the right time to let go of control?
38:39 You're a pusher.
40:08 Advice to anyone in their early 30s
43:38 Vision in the future
46:34 Loving to do extreme stuff
50:30 Talking about fears.
53:52 What are you going to do in the next 6 months?

Sources Mentioned -

Zach and Rick on Youtube - Flip With Rick (https://www.youtube.com/c/flipwithrick)

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Real Estate Struggles, How to succeed, and what your visions for the future should be, housing market, jeremy lefebvre, mortgage rates, economy