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Ryan Leslie Speaks On The Wealth Plan, Hitting Rock Bottom + New Music and more | SWAY’S UNIVERSE
Jun 26, 2023
Ryan created Wealth Plan, a financial literacy and wealth-building program that supports everyday people in establishing a path to financial freedom by educating and empowering them through coaching and mentorship from the knowledge Ryanhas learned over the years in the finance world. Two years since its inception, the program has given users the opportunity to create wealth. Ryan is adamant about spreading his knowledge on wealth building, ownership, investing and closing the wealth divide.
He stopped by Sway In The Morning to talk about the plan and his new music dropping soon.
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Exclusive interviews from Sway Calloway and the Sway In The Morning/ SwaysUniverse.com team with some of today's biggest celebrities, like Kevin Hart, Kanye West, Eminem, Usher, Jessica Alba, Steve Aoki, Torey Lanez, Julia Stiles and so much more.
Ryan Leslie Speaks On The Wealth Plan, Hitting Rock Bottom + New Music and more | SWAY’S UNIVERSE
https://youtu.be/u98w_uvxfP8
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0:00
you can't burn the flame he said that
0:02
over 10 years ago
0:04
The Living testamental testament to his
0:07
own manifestation I'm too hot you can't
0:11
and the flame is still burning citizens
0:13
let me tell you man
0:15
I love this individual I really do love
0:19
this we got history
0:21
but International International history
0:25
I always love New York City New York
0:27
City we done party yes sir we don't
0:29
party and forgot we partied Heather on
0:31
purpose some of the spaces we've been in
0:34
we can't tell all the stories but he has
0:38
worked with some of the greatest in um
0:40
his legacy is cemented in the Hall of
0:43
Fame whether it's Usher fabulous Mary J
0:45
Blige P Diddy he's done it all man get
0:48
his man Cool J Kid Cudi he's done it all
0:50
man get this man a big round of Britney
0:53
Spears Beyonce Chris Brown he's done it
0:55
all man get this man a big round of
0:57
applause singer songwriter producer
1:01
and now wealth manager
1:04
give it up for Ryan Leslie
1:07
[Applause]
1:10
Ryan I just wanted to see you man yeah
1:13
it's been a minute it's been a minute
1:15
man but it's I've always found I always
1:18
find you fascinating because you always
1:20
been on a cusp of um progression uh when
1:23
it came to music even the way you
1:25
produce your music the reason why we
1:27
could play these songs that were made in
1:28
the past and they resonate today it's
1:30
because you make timeless music so
1:32
congratulations to you for that but you
1:34
also um have really
1:37
you know you've been very forthcoming
1:39
and generous uh which uh intelligence
1:42
and you're in in the academics you've
1:44
learned over the years and you've always
1:46
rather through technology and now
1:49
finances have always shared your vision
1:51
on how we could uplift and come up as a
1:54
people and as a community a lot of folks
1:56
don't realize when you work in a music
1:57
business it seems like it's always good
1:59
because anytime people see you it looks
2:02
good right rather it's on a music video
2:04
a talk show or a podcast or just your
2:08
wardrobe as well all of the chains the
2:10
latest bags egg yeah Fresh Cuts but it's
2:14
never that way it's never that way and
2:17
and when you work in a music or
2:19
entertainment business it might it might
2:21
be baffling that you could be a
2:23
celebrity and be broke right people can
2:27
know you all over the world you know and
2:29
you would think it's some value in that
2:31
but your bank account is skinny it's
2:34
happened to me Heather has it happened
2:36
to you oh of course I've always told the
2:39
citizens about what it's like signing on
2:41
to those first production deals and and
2:44
trying to figure out you know when
2:47
things start to slow down what's your
2:49
next move and then you start diving into
2:51
your deal which is why we hear so many
2:53
artists today talking about getting
2:55
their masters back and trying to get
2:57
their publishing thank God for
2:59
publishing and I I never lost my
3:01
publishing but otherwise it's a tough
3:03
game to navigate through it's a tough
3:05
game to navigate having that name and
3:06
face recognition and not having money to
3:09
to sort of support that right Ryan what
3:12
is your story you got a new wealth plan
3:14
you've been telling telling people about
3:16
but how did it come to be listen I I
3:19
agree with everything that y'all have
3:21
been talking about and uh it is really I
3:24
think important mostly because it's so
3:27
spot on what you said people see you in
3:30
front of the cameras people assume that
3:32
you're living a life that they dream of
3:33
living and uh even those that actually
3:37
get their deals Etc they just assume
3:40
that oh this is just going to be like
3:42
this forever and I think a lot of it
3:44
comes down to just youthful you have a
3:46
youthful sort of optimism like when you
3:49
first get on and uh you know it's it's
3:52
so important to actually have a plan so
3:55
that once you make the money you know
3:56
how to make the money work for you so
3:58
you work for the money then you know how
4:00
to make the money work for you and so
4:01
luckily for me uh even just in my early
4:04
days at school I had great mentors uh
4:07
one in particular uh that was like a
4:09
legend on campus because uh he had
4:12
basically taken his student loans
4:13
flipped them and then
4:15
once he paid off the student loans he
4:17
had money that he could actually use to
4:19
invest and we're talking about 10 20x
4:22
did and I I actually went to that person
4:24
said look uh I want to know
4:28
you know what I'm saying I want to know
4:30
how to do that and he was he was uh he
4:33
he was tough on me man he said look you
4:35
know everybody
4:36
says they want to know how to do that
4:37
but they're not serious and he was very
4:41
clear that when you
4:44
learn a skill
4:46
that could potentially you know we were
4:48
in the lobby just earlier today
4:50
um and you know I made seven thousand
4:52
dollars in the lobby on a trade uh
4:54
earlier today while we were just while
4:56
we just waiting 7 000 on a trade yes
4:58
okay and it's because I'm Central this
5:02
camera guy is here he looked at you yeah
5:04
that looked like a train nod okay all
5:06
right go no so so so and that that we
5:09
were just hanging you know what I mean
5:10
and to actually understand how to be
5:12
able to do that in a short amount of
5:14
time you think about that on an hourly
5:16
wage perspective in what other uh what
5:20
other career or profession do you make
5:22
seven thousand dollars in 30 minutes or
5:24
an hour right uh and usually those are
5:27
you know highly skilled professions
5:29
we're talking about doctors lawyers
5:31
neuroscientists but when you look at
5:32
just billionaires in general uh that are
5:35
self-made folks that came up and started
5:38
with you know meager amounts of money
5:39
nine times out of ten if you look at
5:42
their stories it's because they learn
5:43
how to navigate the financial markets um
5:45
a great great story from a Harvard Alum
5:48
a guy by the name of Ken Griffin if you
5:51
look him up on Wikipedia he just was uh
5:54
recognized for given one of the largest
5:56
donations back to Harvard okay and so if
5:59
you go to the Wikipedia and look him up
6:01
you'll realize that when he was 17 18
6:04
years old he was trading complex
6:07
Financial derivatives
6:09
as an undergrad at Harvard and Not only
6:12
was he trading them back then he
6:14
actually went to the school and made a
6:17
special request to install a Dish
6:20
Satellite so he could give real-time
6:22
stock quotes and so when I think about
6:25
that when I think about how early he was
6:27
doing that he's you know obviously a
6:28
multi-billionaire today it's about
6:31
actually developing that skill and too
6:33
often I've realized especially in our
6:35
community and then if you take it a step
6:37
further folks in the music business they
6:39
never got that education they never got
6:42
that information so
6:44
um for him it's also not about actually
6:46
starting with a lot of money so he knew
6:49
what to do but he didn't have any money
6:50
so the first money that he used to
6:52
invest he got from his dentist and his
6:55
grandmother right and so you know put
6:57
together a couple you know a couple
6:59
thousand or really like a hundred
7:00
thousand got from his dentist and his
7:02
grandmother right dentist yeah his
7:03
dentist right and so it's about just
7:06
understanding and knowing what to do and
7:08
um you know it's not complex is really
7:11
it requires like middle school math you
7:13
know and I feel like if it only requires
7:16
middle school math how come they're not
7:18
teaching us this at that age and stage
7:21
of Our Lives okay how how do you
7:24
um in terms of investing you were
7:26
talking stock market here right yes okay
7:29
financial markets like financial markets
7:31
right um it is something that I dabble
7:33
in have for decades yes you know I just
7:36
told a story about a friend of mine who
7:38
worked at Charles Schwab's for about 25
7:41
years he uh was one of the people who
7:43
first introduced me to open up a Charles
7:45
Schwab accountant creating my um my
7:48
portfolio and all and all those things
7:50
so I know how I got into it yeah but a
7:53
lot of us in our in our community I was
7:55
apprehensive about putting money in the
7:57
stock market because I felt like I'm I
7:59
might as well go to Vegas yeah you know
8:01
shoot some craps a little bit play the
8:03
cards you know play the numbers right
8:05
how do you explain to folks the the pros
8:10
and the cons well that's definitely a
8:12
100 difference between investing and
8:14
trading okay okay so trading what we did
8:16
this morning that's a that's an acquired
8:18
skill that's something you develop over
8:19
time and you know 95 of Traders they
8:22
lose money on an annual basis 95 of
8:25
Traders lose money yeah maybe more yes
8:27
and the taxes are different yeah taxes
8:29
are different taxes income Etc now when
8:32
you're a long-term investor
8:34
a Warren Buffett type then you when you
8:38
actually think about the odds of losing
8:40
right let's take for example one of the
8:43
most reliable Investments of the past
8:46
few decades it's the S P 500 the 500
8:50
biggest companies in America and you can
8:52
own them you can literally for probably
8:54
about you know 250 probably roughly uh
8:58
around four hundred dollars per share
9:00
you can put in 400 and actually own the
9:04
500 a piece of the 500 largest companies
9:06
in America the beauty of that though is
9:10
that it is an index meaning that if a
9:13
company is no longer worthy of being in
9:15
that index it will automatically
9:17
rebalance and readjust so you don't have
9:19
to worry about it at all but the best
9:21
piece about the S P 500 is that if
9:24
you've done any back testing and you
9:26
hold this for 20 years you have a zero
9:28
percent chance of losing money it's
9:30
never happened in the history so we're
9:32
talking about Great Depression dot com
9:34
crash subprime mortgage crisis you know
9:38
covet doesn't matter if you hold for 20
9:41
years you have a zero percent chance of
9:43
losing money so that automatically
9:45
should dissuade any fears you have about
9:47
investing because that's what investing
9:49
is it's about owning productive assets
9:52
that are going to beat inflation now
9:54
we've been talking a lot about inflation
9:55
just in general you you feel it at the
9:58
gas pump you feel it when you're you
10:00
know buying milk or groceries if
10:02
somebody was telling me the other day or
10:03
I'm not buying eggs no more they're too
10:04
expensive I mean you you you're you're
10:06
adjusting your spending habits but
10:09
really when you have productive assets
10:11
right and you know I got folks that are
10:13
in my wealth plan that um you know they
10:16
think about the things that they they
10:17
believe the future is going to look like
10:19
what is the future going to look like
10:20
and they want to be owners of that
10:22
future so if they believe that the
10:24
future is going to be electric vehicles
10:25
they're owners of Tesla folks that were
10:28
owners of Tesla at the beginning of the
10:30
year let's say you started with my
10:32
mentorship program beginning of the year
10:33
you more than doubled your investment so
10:35
if you came at the beginning of the year
10:37
100K you're at a at two hundred and ten
10:40
thousand dollars right now
10:42
um which is a uh an incredible sort of
10:45
byproduct of understanding how to
10:47
navigate financial markets but I I
10:49
totally agree with you especially even
10:52
from my family
10:54
um being of Caribbean descent yeah all
10:56
right they just said look you know this
10:57
is this is completely you know this is
11:00
100 you know gambling that's how they
11:02
felt and a lot of times it's because
11:04
people don't understand that the beauty
11:07
of investing is the partnership of a
11:10
productive asset and patience so you got
11:13
to have that patience so so that that
11:15
you're not it is
11:17
long game not trying to buy itself okay
11:19
you you I want to talk about your wealth
11:22
plan in particular all right all right
11:24
and then uh also we we have not gone
11:26
through this wealth plan citizen so it
11:29
may work for people that uh have already
11:31
tried it or signed up with with Ryan I
11:34
don't know those people yeah yeah so so
11:36
you it's your opportunity to call him up
11:39
and ask him for yourself for sure what
11:41
this wealth plan is all about but I know
11:43
this man intended to make you all some
11:45
good money yes all right so
11:49
888-742-3345 Ryan Leslie is here sway
11:52
the morning shave for fire Brian Leslie
11:54
is here let's talk about a couple of
11:56
things he got a new wealth plan he wants
11:58
to share with you as well he'll be doing
12:00
a concert July 8th right yes sir talk
12:03
about that man it's a open-air and album
12:06
release part what is this yeah what is
12:09
this man you know I figured we play the
12:11
album before we drop it so we're gonna
12:13
play it live uh and I've I've had a big
12:15
following for the longest time in in
12:17
Germany so uh we're doing a you know
12:20
open air festival type conference uh
12:22
concert actually uh so it's going to be
12:25
about 3 000 folks uh but folks are
12:27
really flying in from all over the world
12:28
it's it's going to be uh it's gonna be
12:30
great it's been a minute it's been a
12:32
minute
12:33
you have a great uh fan base overseas
12:37
yes sir that you've cultured and
12:39
cultivated over the years
12:42
um has that been a secret to you think
12:45
your longevity as an artist because you
12:47
don't have to be in the Forefront in the
12:48
United States to be successful right
12:50
right well I wouldn't necessarily say
12:53
I'm in the Forefront anywhere but what I
12:55
would say is that I do have a direct
12:57
relationship with the with the
12:59
supporters that I have and that's been
13:00
something that I've been cultivating we
13:02
built an entire technology company and
13:04
platform Venture backed around that
13:06
concept that the oldest social handle
13:09
that we have as human beings is our cell
13:12
phone number right so talking about
13:14
Harvard I have colleagues from Harvard
13:16
that still have their 617 area code
13:18
because that that cell phone number
13:19
became a part of their identity and so
13:22
in 2013 I started giving my cell phone
13:24
number out on Twitter you know I
13:26
remember
13:27
887-6978 and you know to this point it
13:31
wasn't like I got millions of people
13:33
right because I had only sold a couple
13:35
hundred thousand albums in total but the
13:37
130 000 people that I have in that phone
13:40
they have been responsible for millions
13:42
and millions of dollars of Revenue
13:44
because you have the ability based on
13:47
understanding the desires and uh the the
13:51
the preferences of that audience to
13:54
tailor experiences and products for them
13:56
and so you know at first it was like oh
13:59
twelve dollar album digital right
14:01
there's all pay what you want so some
14:03
people paid you know fifty dollars some
14:05
people paid a hundred dollars then it
14:07
was hey let's do a concert sixty five
14:09
dollars a ticket and it was hey let's do
14:10
a New Year's party it's two thousand
14:12
dollars a ticket and then uh at some
14:15
point we introduced crypto into the mix
14:17
so it was like Hey you could buy my
14:19
hoodie for fifty dollars but you know if
14:21
you're paying Bitcoin you get a little
14:22
discount but we've seen if we go back
14:25
and look at the the data because we're
14:27
very data driven at the organization we
14:30
look look at the data those 50 hoodies
14:32
in 2013 they they have you know uh
14:36
they're worth like
14:38
two thousand dollars based on the
14:40
payment type the payment so what's the
14:42
current the currency type a two thousand
14:44
dollar
14:45
um a two thousand dollar ticket to the
14:48
New Year's Eve party is worth a hundred
14:50
thousand right and so we we basically
14:52
banked all of that so that we could
14:54
actually see how the introduction of new
14:58
currency types the introduction of
14:59
blockchain the introduction of direct to
15:02
Consumer which really wasn't necessarily
15:04
prevalent in the music business now it's
15:06
a everybody's talking about it you see
15:08
folks coming out we independent and
15:10
Masters you know we et cetera et cetera
15:12
but at that point you know it's almost
15:15
The innovator's Dilemma when you're the
15:16
first one doing it you're very under the
15:18
radar but you understand that you're
15:21
really weaving a fabric a a floor a an
15:24
infrastructure that anyone who follows
15:27
behind you can actually you know use as
15:29
a launching pad in a Runway and you were
15:30
the first one doing it yeah it's
15:32
something to be said about I wouldn't
15:34
say I was the first one I was early but
15:36
yeah Prince was doing this with the
15:37
energy yeah he tried to you know but but
15:41
the social media the media the web there
15:44
wasn't enough adoption so there have to
15:46
be so many let's call it uh Elements
15:48
which which play together perfectly to
15:51
deliver the outcomes that that that uh
15:54
that we've been seeing now okay Ryan
15:57
Leslie when the last time you've been
15:58
broke
15:59
last time when did you hit bottom last
16:02
time you hit bottom man uh right after
16:05
college man right after college right
16:07
after college uh you know and it was
16:09
crazy too because I hit the rock bottom
16:12
after my boy got signed so my boy uh
16:15
Corey Latif Williams He yeah he had
16:17
gotten signed uh with hockey Islam uh
16:20
and kedar massenburg we went to Chicago
16:22
recording studio we did the album and
16:24
then there was as usual there were
16:27
delays in the release of the album and
16:28
you know I got paid as a producer maybe
16:30
ten thousand a track that was the most
16:32
money I'd ever seen for music maybe you
16:34
know somewhere between four and seven
16:35
tracks and I thought it was great and
16:38
then I realized man that's no money and
16:40
I ended up basically homeless in a you
16:43
know in a garage behind a barber shop in
16:45
Randolph Massachusetts man what in a
16:48
garage used to be homeless behind a
16:50
barber shop like literally you know
16:52
walking across the street to eat you
16:54
know shoplifting crackers you know what
16:56
I'm saying a Harvard grad and you know
16:58
yeah
17:03
[Laughter]
17:07
straight up you know and uh ended up on
17:10
my father's couch and uh my dad you know
17:13
basically said wow you know we worked
17:15
our whole lives to get you into an Ivy
17:17
League school so you would be straight
17:19
and you know they also worked their
17:21
whole lives as a Salvation Army officers
17:23
which meant that they sacrificed you
17:26
know financial gain here for what we
17:28
would call Treasures in Heaven by
17:30
actually you know serving other people
17:31
so they really looked at me as hey when
17:34
we get to that age we sent you to
17:35
Harvard so you could take care of us and
17:37
obviously I'm able to do that now but at
17:39
that time my father was getting a little
17:41
apprehensive but he made a deal with me
17:44
um he said look right you know if if
17:45
we're not gonna believe in you who is
17:47
what is it that you need and I said look
17:49
I need you know this keyboard I need
17:52
this computer I need this software and
17:54
he maxed out a credit card that he got
17:56
in the mail and he made a deal with me
17:57
he said look I'm gonna max out this
17:59
credit card and you got to make me a
18:01
deal that uh you know uh you pay me back
18:04
double within five years but there's an
18:06
insurance plan for that five years
18:08
you have a year to try to figure out how
18:10
you're going to make it in music and if
18:11
you don't then you got to apply to law
18:13
school and law school is three years so
18:15
when you get out of law school you
18:17
should after you actually are gainfully
18:19
employed you should be able to give me
18:20
back double uh fortunately for me in any
18:24
great story Serendipity plays a piece
18:27
and the late great Ed Woods actually
18:29
called me up maybe about four months
18:32
after I got all my equipment and he said
18:34
yo man I got an internship for you in
18:36
New York City it's unpaid it's 30 days
18:38
but you know come on out here and let's
18:40
see what you could do and man
18:42
um that was 2003 the rest was history
18:44
Restless history yeah Ryan Leslie so I
18:46
wanted people to hear your story so they
18:48
know where it's coming from the show
18:50
um Leslie has a comment in North
18:52
Carolina go ahead Leslie what up
18:55
good morning good morning
18:57
um
18:58
first off a shout out to all y'all but I
19:01
know I got to make it quick Ryan Leslie
19:03
is a genius
19:05
um musically the song gibberish which is
19:08
literally just what it sounds like I
19:10
still listen to that song it's probably
19:11
15 20 years old anybody that can make a
19:13
song with no words that hot like I
19:16
listen intently to everything he says
19:20
um but I just wanted to let y'all know
19:22
that there is a movement of black
19:25
investors that are making a point to
19:28
teach other people
19:29
um I'm gonna go to invest Fest for the
19:31
first time this year which is in Atlanta
19:33
oh no I'm hoping by Iron your leisure
19:37
earn your leisure yes
19:39
and then
19:40
um my homeboy from high school he
19:42
actually owns a company called red panda
19:44
that teaches people how to do investing
19:48
um Stock Investing and there's also a
19:50
Wall Street Trapper so there's a lot of
19:53
people that are trying to put people on
19:54
game we've we've got a big Advantage but
19:57
people are definitely investing in
19:59
themselves and then turning that around
20:00
and paying it forward for sure
20:02
absolutely we have Wall Street Trapper
20:04
up here did an excellent job too man
20:06
salute to that brother I've been in
20:07
contact with him every week since he
20:10
first yeah since he came on our show I
20:13
talked to him every week or we contact
20:15
each other I think it's important I'm
20:18
I'm sorry but it's just important like
20:20
the even his name I'm assuming he was
20:22
intentional with that because we don't
20:24
think that we can do we know it can be
20:26
done but Wall Street Trapper tells you
20:28
like y'all y'all can do this too if you
20:30
can you can stay out of jail making
20:32
money in the hood then you can
20:33
absolutely use that same brain and do it
20:36
legally and though these guys are
20:39
teaching us that I don't have middle
20:41
school math skills sadly but um I'm
20:44
cheering for everybody yeah you could
20:46
gain them yeah you know there ain't
20:48
nothing
20:49
hey lastly what's 12 plus 13.
20:53
the um
20:55
like it's really bad I think it's 25
20:57
right you got that right you know what
20:58
it was you got that on the point okay
21:00
you got it really hard that's all right
21:03
you got you got to the right answer it
21:05
less than 10 seconds yeah time is a
21:07
figment of your imagination all right
21:10
you're a Citizens I know why you called
21:13
because his first name is Ryan and your
21:15
name the twins right citizens
21:19
off one day so thank you guys all for
21:21
all y'all do and putting this
21:23
information out there is so important
21:24
thank you Leslie all right and let Ryan
21:26
any information you want her so she
21:28
could be how can she find out more about
21:30
your wealth plan yeah just uh shoot me a
21:32
text uh and if you it's hard to remember
21:35
the phone number just go to textryan.com
21:38
in your browser and you can just drop
21:40
your number and we can get a
21:42
conversation started from there but I
21:43
think really for for what what I do is
21:46
uh is way different from what anyone
21:48
else does because the way that I learned
21:50
was one-on-one so I don't have online
21:53
courses and watch this and you're on
21:55
your own we're basically building sort
21:58
of like a very very exclusive lifetime
22:00
wealth building club and I personally
22:03
Mentor each person that comes through so
22:05
that means I have very limited bandwidth
22:07
uh it's also very expensive
22:09
um but at the at the end of the day the
22:12
returns are really what we focus on so
22:15
this isn't a situation where it's just
22:17
like hey you pay for the education for
22:19
us we actually have a commitment to the
22:21
results so you pay you pay to learn
22:23
right that's right okay so you pay a fee
22:25
right and does that fee go to an
22:27
investment or it's just no no okay no so
22:30
it's like for me when I when I work with
22:32
my mentor he told me Ryan listen if
22:34
you're really dead serious go get
22:35
yourself a campus job commit to a year
22:37
and come back with 250 a week for my
22:41
time for my time okay for my expertise
22:44
my experience and the energy that it
22:47
will take to transform my knowledge to
22:48
you and to say that you know it's made a
22:51
multi-million dollar difference in my
22:53
returns would be an understatement yeah
22:55
right because it just compounds over
22:57
time so you're not going to tell us
22:59
exactly what it is you tell people when
23:00
you do that one-on-one consultation
23:02
right now well I mean it would take too
23:03
long okay you know it's really it's a
23:05
year it's for people that really are
23:07
dead serious like look I want to
23:08
actually like the craziest piece about
23:11
this is that the greatest investors in
23:13
the world
23:14
are
23:15
they are measured by their returns and
23:17
also by their assets under management
23:19
yeah okay so so when you think about
23:23
your profits that you're going to make
23:25
your profit is based on your principal
23:27
okay if everybody in an investment makes
23:31
10 percent
23:33
then the person that only put ten
23:35
dollars in is only going to make one
23:37
dollar the person that puts one million
23:39
dollars in is going to make a hundred
23:41
thousand dollars yeah okay so the bottom
23:43
line is that
23:45
um when you're when you have a small
23:47
amount of money you actually have a
23:50
structural advantage in the financial
23:52
markets because uh you know Warren
23:55
Buffett is famous for saying this he
23:57
said if I was running a million dollars
23:58
or 10 million for that matter I could
24:01
get you 50 per year okay so that means
24:04
any of my folks that are out there that
24:06
have a portfolio that's sub 10 million
24:09
that means that we can work together and
24:12
we can find the techniques and
24:13
strategies that can potentially there's
24:15
no guarantees but can potentially
24:18
deliver you a 50 compounded return 30 to
24:21
50 percent and I got folks that are in
24:24
my community that have done this and so
24:25
it's not just about working with me it's
24:27
also about finding camaraderie finding
24:30
community and a community that has care
24:32
concern and consideration for your
24:34
success in this journey because it's not
24:37
going to be you know that's why Traders
24:39
lose money it's not a one day one month
24:42
one year journey to get to hundreds of
24:45
billions of dollars really Warren
24:48
Buffett really saw his wealth take off
24:50
in 60s and 70s but why because the
24:53
principal Capital was higher so the
24:56
longer you have to like build up that
24:57
principal capital from five thousand to
25:00
adding a zero to fifty thousand adding
25:01
zero to five hundred thousand even if
25:03
you're just consistently getting that 10
25:05
percent the 10 on the 5 000 might only
25:08
be 500 but but that 10 percent when you
25:11
understand and learn how to do it
25:13
consistently nobody who's here at this
25:15
table or in this room wants to say hey
25:17
look you know in 10 years from now I
25:19
want to have less than what I have today
25:21
so if you're able to diligently earn an
25:26
income and save it's about understanding
25:28
what to do to just get those incremental
25:31
percentages because the larger your
25:32
principal in safe Investments the larger
25:36
your profit will be because the
25:38
percentage is just something you learn
25:40
how to build consistently and so that's
25:41
what we do Ryan Leslie all right the
25:44
last question this is great right I'm so
25:46
glad that you came going off of um our
25:49
caller Leslie when she had mentioned
25:50
this kind of explosion of financial
25:52
Educators and gurus what have you which
25:55
I think is awesome and then the I would
25:58
say fine print is that there are some
26:00
who either on their platform have had a
26:02
guess that maybe they didn't realize or
26:03
maybe they did but a lot of folks claim
26:06
that they've been scammed by or
26:07
manipulated taken advantage except
26:10
etc for you what would you say to those
26:14
who are very like skeptical about
26:16
financial Educators right now and also
26:20
too like when it comes to vetting the
26:22
folks that you work with can you tell us
26:24
a bit of that process yeah so for me uh
26:28
I'm I am the Arbiter of all information
26:31
that is distributed because I I want to
26:35
stand behind whatever I'm teaching right
26:37
and also we're very very transparent so
26:39
people want to look at my returns they
26:41
can see my returns they want to look at
26:42
broker statements they can see broker
26:43
statements they want to see actual
26:45
trades that were taken if they're
26:47
short-term it's all posted it's clear
26:49
screenshotted and it's not just
26:51
screenshots that can be manipulated it's
26:54
actually hey let's go to a screenshot
26:56
let's log in live and let's see what's
26:58
actually happening because a lot of
27:00
times you're absolutely right there's
27:01
folks that especially during uh 2020 and
27:04
2021 everybody was a genius because the
27:06
stock market was just going up so they
27:08
they have the actual reach turns as well
27:10
right but the difference I believe is
27:13
just in uh sort of the personal uh sort
27:17
of the personal responsibility that I
27:19
have right in most programs there's just
27:22
going to be a disclaimer that hey you
27:23
know what you're getting into and if you
27:25
lose money then that's on you for me uh
27:28
we will work with our mentees for them
27:30
to understand how to actually not lose
27:33
money once again I keep going back to
27:35
Warren Buffett but he always says the
27:37
number one rule of investing don't lose
27:39
money number two rule refer to rule
27:42
number one right so it's always for us
27:45
it's about preservation of the portfolio
27:48
the number one the Paramount priority is
27:50
Preservation of your principal Capital
27:52
as opposed to Too Much emphasis on
27:54
profits when you see folks peddling
27:56
emphasis on profits yeah you you have to
28:00
really you know pause mostly because
28:02
like we said the statistics show if
28:05
you're going to trade short term
28:07
there is a 99 chance that when you file
28:10
your tax return at the end of the year
28:12
you will be filing a capital loss on
28:15
those short-term trades and so it's it's
28:17
important that that you work with
28:18
someone and I I have very limited
28:21
bandwidth right so you know I I some
28:23
people might say hey Ryan it's unfair
28:24
for you to come out you know on the show
28:26
and say oh yeah I got a wealth plan but
28:28
the reason why my bandwidth is so
28:30
limited is because I literally want to
28:33
actually work directly with people that
28:36
whatever they come to the program with
28:37
we're going to add a zero and that's
28:39
that's a 10x and it takes time to do
28:42
that and so you know for me I've been
28:44
very blessed that I will probably never
28:46
need to ever work again in my life
28:49
um and when I look at the examples of
28:52
folks that have given back in this way I
28:55
think you know a lot of people gave
28:56
Warren Buffett a lot of flack because
28:58
they said look you're not contributing
28:59
enough you're not why don't you actually
29:02
you know why don't you uh donate more
29:04
and he said well my donation is it's
29:07
actually that I'm great at growing this
29:09
money so the longer I grow this money
29:11
the more I'll actually be able to donate
29:13
so once he got to a point where it was
29:15
hundreds of billions of dollars he said
29:17
well look you know
29:19
it would take me the rest of my life to
29:21
even spend one percent of this so I'm
29:22
giving 99 away and he pledged it away
29:24
and so I want our people to be able to
29:27
get to that point sometimes we're out
29:29
here trying to just figure out where our
29:30
next dollar is going to come from yeah
29:31
and so when we can put ourselves in that
29:34
right mindset because for me mindset and
29:37
mentality beats math and mechanics when
29:40
it comes to money in the markets if we
29:42
can get the right mindset and mentality
29:43
and that's really what I work with my
29:45
folks on in the mentorship and it's
29:47
one-on-one uh that's how I feel we can
29:49
make a real difference and it starts
29:51
with that first person in the family and
29:54
then that person in the family that's
29:56
how you start building the trust in the
29:59
actual systems and processes because
30:01
nobody likes the way he said he said I
30:02
don't know nobody in this wealth plan I
30:04
don't know anybody in it but when it's
30:06
actually hey that's my son that's my
30:07
daughter that's my uncle that's my mom
30:09
that's my grandmother they're applying
30:12
these principles and we're looking at
30:13
how they're able to live differently
30:15
because they have a different mindset
30:17
when it comes to money it's an abundance
30:19
mindset that's the kind of difference I
30:21
want to make and I know that that can be
30:23
generational and it can only be done
30:24
one-on-one and that's how we do our
30:26
program give it up for Ryan Lasley man I
30:29
love you brother thank you for coming
30:30
here
30:31
absolutely once again citizens if you
30:33
want to reach Ryan how can they reach
30:35
and find out more brian.com simple just
30:37
go to the URL leave your number let's
30:39
let's let's let's talk about it text
30:41
ryan.com thank you um and then you can
30:44
also find them on social but don't even
30:46
bother with that text ryan.com
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