A CEO’s 15 Tips to Building a Successful Business
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- čas přidán 11. 06. 2024
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0:00 - Intro
0:40 - Hire Fast, Fire Faster, Promote Fastest
2:07 - Be passionate about retention
2:41 - Don’t take money off the table too early
3:30 - Ideas mean nothing without a plan and execution
4:00 - Progress before goals
4:47 - Stop comparing and start creating
5:16 - Be long term greedy
5:47 - Bet on yourself first
6:10 - Speed to lead above all else
6:46 - Focus on the horizon not the competition
7:25 - Everyone should be uniquely qualified
7:52 - Supply customers with the most value for the lowest possible cost
8:20 - MIT: market idea team
9:00 - Give customers what they want, not what you think they need
10:09 - Treat everyone with respect. Even the assholes.
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Ryan Serhant is one of the most successful and well-known real estate brokers in the world. After a decade leading one of New York City’s top-ranked real estate teams, he founded SERHANT., the first brokerage designed for the marketplace of tomorrow. In addition, Ryan is an entrepreneur, producer, public speaker, bestselling author, and star of multiple TV shows.
SERHANT. Studios is an in-house marketing arm and production company for Ryan's real estate and television endeavors. To date, content produced by SERHANT. Studios averages over 100 million impressions per month. The media arm has helped grow SERHANT. into the most-followed real estate brand in the world through Ryan's CZcams channel, the Facebook Watch show Unlocked, and the first-of-its-kind real estate media network, LISTED.
Okay so I turned 400 into 14k in a month. That's more than 10x return on investment, but if this strategy was indeed viable in the long term, I would be the world's richest man in less than a year.
Yeah but just like how they said if you get lucky and just like you said what if.. just appreciate your blessing. If you can do that again well you’re amazing.
You can get lucky streaks...but eventually you'll lose it all. So you have to work with this..
Unless he was simply lucky?
"Better to be lucky than good"?
Then why didn"t you invest the 15k to get 50k, then a few times over again to become a trillionaire ?
I did the same but later you get the buffet effect. The more you have the less risky stuff you do and you play with less and less %
Because you can't do it whenever you want. You can't move the market (unless you're an MM kek). You have to work with an advisor to keep that cosistent. I made 10k from gamestop with $4000, but that will literally never happen again.
i've made 130k dollars in 1 month in a real estate deal in a balkan country. And i was only 19. Now I'm 24 and I work with a financial advisor (Michelle Christine Parker - to keep a consistent passive income of 25% every month.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@luckygrane3228The adviser I'm in touch with is ' Jayden Nadav Bishopson" He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
INSPIRING!! Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most people tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.
@@MarkFreeman-xi3rk Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Cant reveal much info, Margaret Johnson Arndt is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
You don't become financially successful over night. You must put in background work to achieve success, but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
Not fear all the time. It could be some practical factors which discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.
@@ericprunty3734 The is it, most times people with minimal or zero knowledge of the market try investing by themselves. I was once a victim. I learned my lesson and contacted a finance consultant by name KATHLEEN CAROLE YANELLI and my story changed. I started enjoying huge returns from my investment.
10 years is the key number
Awesome! your potential seems timeless. Good time management, diversifying income flow and chalking out a plan remains the smart way to prepare for the unexpected and the best way to grow and sustain wealth. 4yrs in investing space and extremely pleased with the decision I made. The good news is - it’s not too late.
Congrats! I'm fascinated with investing, I am single and juggling all these things are quite difficult. Invested in few sectors but haven't seen any profit yet. Do you think I'm missing out something?
The market volatility is really incredible at this moment and i know that now is the best time to watch them, get to know them better and strike when the opportunity presents itself and i am learning with my CFA lisa michelle pacillas, she has seen a lot of market cycles over the past few decades and she has a feel for how they move and what comes next
LISA MICHELLE PACILLAS seems to really know her stuff. I found her page online, read his resume, education, qualifications and it was really impressive. She's a fiduciary who will act in my best interest
All those fancy words to distract from the fact that you need to pay for permission to live like the slaves you are!!! And think its some grand achievement 😂😂😂😂 what a bunch of clowns!!!!
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1. Hire fast, fire faster, promote fastest
2. Passionate about retention
3. Do not take money off the table to early: reinvest in the business,
4. Ideas mean nothing without plan and execution
5. Progress before goal
6. Stop comparing start creating
7. Long term greed: short term success is nothing
8. Bet on yourself: do not trust other, you can only control yourself not other
9. Speed to lead: slow response, recruiting, perfect, acknowledge
10. Focus on horizon not competition: don’t worry about anything else
11. Everyone should be uniquely qualified: not hire only because candidate is good
12. Most value lowest cost:
13. Market, Idea, Team
14. Give customers what they want, not what you think they need: survey! ask your customer!
15. Treat everyone with respect, even a**hole
Ycombinators rules mostly
👊👊👊
Which one was your favorite?
Thx
@@sellitsalestraining "Progress before the goal" and "most value - lowest cost", have completely changed my view on how I want to start my agency. I had to pause the video and think about it for a minute, and I'm glad I did. I genuinely believe this short video helped increase my odds of successfully starting up! Appreciate it.
Great value man! You have a new subscriber here.
Started my own real estate company in april 2022 and i have been selling more than 3 million worth of real estate in 10 months. Been watching your stuff for years. You helped me a lot and i wanted to say thank you.
I'll love to learn a lot from you coz I just start my own real estate business.
Greetings from Freetown Sierra Leone.
I would love to learn from you how you did this as I have also started the journey in real estate
The trick to being a successful business person is to understand personal finances and investing, because these will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it.
Yeah, financial advisors are highly underrated. I started using one since 2019. I have been returning about 21k every month, and that is on a very bad month. I just think if you want to make money this season, you need an FA who has very good experience.
@taylor Green Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
@@emilyhowe3359 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with James Fletcher Brennan for about four years now, and he's really, really good. If he meets your discretion, then you could go ahead with him. he's someone I can vouch for.
@@taylorgreen5908 I'll like to get through to him. And I think I have heard that name on the news before. Can't remember if it was CNBC. Any idea if he can transfer my already existing portfolio from another hedge fund?
Ryan, I want to express my sincere gratitude for your videos. Since I turned 23, I have achieved financial independence, and now at 29, I am the proud owner of a thriving auto dealership in Chicago. My business operates nationwide, offering door-to-door delivery services. I arrived in this country as a war refugee from the Balkans in 1999. Even before obtaining my driver's license, I began buying and selling cars. It took considerable effort and time, but I eventually realized my dream of opening a dealership with just five vehicles. It took me more than a decade to save enough money, as I started from scratch. Presently, I sell approximately 700 cars annually through Haus of Imports in Lemont, IL. Cheers!
I used to be an accountant for a big firm, what i realized was my bosses always went all in on particular stocks and the stocks used to end up paying for their sports cars and vacation homes, obviously they had to invest a lot to get that but i thought to myself "What's stopping me from doing this" So i reached out to one of my bosses and he introduced me to his FA and he helped me invest and taught me a few things about the market, one of the tips were to keep a small "in case the market crashes" fund to try and take advantage of the low prices, he taught me i had be greedy when others were fearful. I'll always be grateful for my old boss and his F.A they really changed my life, I now have a 7 figure portfolio and my old boss and my FA are now one of my closest friends
I also think that we salary earners need to realize that monthly income will not make you rich.
Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
@@chrisanthony3560 i keep buying my targeted stocks on low days. I'm pretty sure the market will recover soon and continue the climb
@@jerryscotfield6913 Did a quick web search, he has a pretty decent bio, I wrote him and I'm waiting on his reply.
@claire frewman his name is James Fletcher Brennan, look him up
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
I appreciate how transparent you are in your videos. It's clear that you're passionate about
financial freedom and that you genuinely care about helping others. Thank you for being such a positive force in the CZcams community!
Hi from the UK. We convert shipping containers into homes, Garden rooms and workspaces and more.
After a few years of getting Things wrong with my team !
I have found that knowing my team's dreams and aspirations, while doing little things to keep them stay on track to their dreams goals from time to time , has given my team a love for our company and it's growth, that is organic and self propelled. We have all become of one mind. Our company now seems to have value in their eyes. Our productivity has gone up six fold with less men.
Your video has been helpful and a real blessing. Thank you so much for posting.
This is so damn powerful thank you for making this video!
First week of my own company in Real Estate in Dubai. Thank you man 🙏🏻
Succes
Good luck
The best video and advise I have received this year so far.
Many thanks for sharing
I have been searching and listening to many contents here from different creators and This so far is the best and most relatable tips I ever heard🙌 thank you for sharing Ryan 🙏❤
I'm impressed! Whoever's coming up with these topics & content is really good. I own a 50 person company and started watching you for the escapism of cool properties. I really only started watching this channel for curiosity. I'm more invested in this channel now.
The points you've stated here are all very true and very valid and very applicable. Between this video, the conversational capacity video, the negotiating video etc. it's really good content.
Kudos to @hastaluegodiego and the STUDIOS team! More to come!
one of the best biz advice videos. this is so authentic and helpful. thank you Ryan!
Thank you, Mr. Serhant. I'll do my best to apply what you said as I take steps towards starting a business again. Kudos and much more success to you and your team.
I love the focus on speed, passion, and customer value! Definitely taking these tips to heart! 🔑
Ryan you are an incredible man and watching you evolve ober the years has been special. Tha ks for the awesome content and all you add to the world. We appreciate you.
These tips are incredibly helpful!!! Thanks for sharing Ryan! 🚀
These are really great and helpful. Thanks for sharing!
This was amazing man! Thank you
Thanks, I needed that information.
Thanks for sharing.
Love EVERY single advice here!!! I wish I had a mentor like you earlier
This is simply Gold!
RYAN, YOU ARE A GENIUS! I mean, there's so much I can learn from you and every time when I watch a video, my mind goes crazy like what the.... braaa. No really, it's INSANE and I really hope that you'll be my mentor one day. Thank you!
This video is short and sweet and useful. Thank you.
Thanks. All so good.
I miss this kind of content! You’re the best at this!
You are actually on point with your information. Keep it up bro.
Thank you!
Thank you for this 🙏
When it comes to investing, diversification is the key, that's why I engage in sectors based on projected growth. There's no shortcut to getting rich but there are smart ways to go about it
Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations. Anyone who thinks of breaking out of financial struggles should consider investing crypto market.
@@kanobale195 Wow! You are right. Telling someone about forex market and those assets to invest in isn't financial advice but it's life advice
After watching several CZcams tutorials videos about trading, I'm still making losses. Please I seek for a better website.
@@emilyoakland8419 It's not watching tutorials videos and wasting time on strategies. I was also ignorant doing so till I met Mrs Bonnie Berville sometime last year in New York at a startup funding event
Trading with Mrs Bonnie Berville will be the greatest opportunity anyone can ever think about to breakthrough financial crisis. She is the best I have ever seen
Thank you so much. 🙏
Lot’s of eye opening moments for me in this video.. really amazing video!!
Binge watching all of your videos!
My CEO lessons?
1.) There's more wisdom in listening than speaking.
2.) Embrace failure as its the best teacher and at times it required to maintain focus
3.) Those in the trenches have a perspective of value. You can have vision but success is in the details.
4.) If it feels like a competition to being right - you're wasting your time.
5.) If the team doesn't feel the thrill of success its the teacher who fails.
That's my sample from public speaking talks I've given.
Are you a coach?
5/5 Gold mine!
@@74cacao Life spent managing people and money are my coaching lessons. Aside from giving a few corporate seminars, nope, I'm just a guy. :)
czcams.com/video/03V1FI-uAlA/video.html
Can you expand on number 4?
thank you so much. this is good tips not only creating a business, but also continuing a business
Many thanks
Love the content, love your transparency. I still struggle with the "fire fast" line, I like to think I do all the others fairly well. I need to improve on relationships with those peers that are stagnant and not open to change/improvement. I have, over the course of years and different roles, come up with my own acronym for team building. I was asked when I left one of my roles how I was able to build high performing teams in a short period of time and have them both functional and loyal. I said this, I keep them SAFE: Supported; Appreciated; Fulfilled; Empowered. I think that has summed up my successes at multiple agencies.
Thanks again for the great insight and content!
Love your angle on it! I'm going to have to incorporate SAFE into my thought flow
@@sellitsalestraining you put a love heart on a crypto scam. It's not this thread but in the comments section.
Great tips, thank you for sharing!
Thank you very much
Thank you, will start to working on this today
This is excellent! Thanks, Ryan. I would love to hear your approach and tips on dealing with "difficult" clients.
This is cool. Thank you!
I love this dude. His energy and enthusiasm is exceptional.
Love you Ryan!
This is some really good stuff. I really like his contents.
Thanks for sharing
incredible knowledge!
I loved the concept of long term greedy, and Retention. I am a Media buyer, my boss is a short term thinker and hate being advised by a Junior employee. He’s very slow at making decisions and executing plans which is affecting his entire business. I love watching videos of this kind, because I love learning from the best.
Thanks for sharing Ryan ❤!
This was golden... Very informative
Great advices.
If you're not supporting and promoting the good ones, they'll leave and only the bad ones will stay if you don't fire them.
And with the trust advice I'll keep it like Cameron Poe once said:" There's only two men I trust. One is me. The other is not you."
YOU will always be in your life... others come and go.
This is so true. Learned this the first time I opened my software office. Especially about firing fast!
Hello sir Ryan… my name is Bertrand from Cameroon 🇨🇲 in Africa and I must say your video has been the most inspiring video I’ve had so far.. I’m an architect and entrepreneur and I’ve always wanted to own and run a very successful business for my career… and this video has helped a lot.. anything I can do to extend my help to helping this channel I don’t mind doing so ten times over…
Class. Love the content. Easy and true.
Ryan thank you so much about your advice made some notes, thanks
Good stuff man! As a business owner I can say you gave a lot of useful value here.
Thanks so much for sharing!
Thxx, helped a lot
Super valuable. Thank you!
love your videos!
Great advices! Thanks Ryan 🙌
Great valuable information for any business owner. Thank you
Thanks for all of this 💖💖
Thanks for sharing,this help alot
Ryan, Ryan, Ryan! First saw you on MDL and at about Season 2 I realised that you've got this thing called "emotional intelligence" - which is your strong suit, and a great contributor to your success.
Thanks for a great video, and keeping it real with your 15 things.
Appreciated.
All the way from Australia!
Thank you 🙏, I really appreciate your advice.
"Expansion always, in all ways"...was that 15 years ago. It's still One of my favorites.
Amazing video!
Amazing tips. Thank you 👍
This helps ! Thank You
Thank you👏🏽👏🏽👏🏽
Wow!! This video was excellent..
Wow, love the tips, thank you
inspiring video, congratulations for the content
Great video, thanks a lot
First month in Real Estate in Vancouver, Canada!!! Thanks for your guidance, and sharing all your knowledge with us!!!
Thank you for your insight , idea's and actions go together
Tabethia
Thank you for your sincere help :) it applies to any leadership. It is good to remind ourselves these tips, cause we tend to forget some in the day-to-day tasks.
Some excellent advice here, in some areas almost counter intuitive, speed to lead and Hire Fast, Fire Faster, Promote Fastest are particularly valid for me. As this is an area where I'm normally very cautious.
As always top notch info!
great advice!
Bro Thank You 🙏
Nice advice sir
Incredible Presentation. Very Detailed Information. Thanks For Your Prospective. You're Are Incredible Indeed. Thanks For Sharing.I Wish You More Success . 👍.
Great advice.. also know your numbers when you’re going into business!!
Informative ❤
I believe that this applies to leadership in general. I'm up and coming in the food industry and these are the pieces of advice that I've been getting lately from my mentors.
Be persistent and consistent
Ryan I needed this video!! Specially about being nice to A ....e customers lol. Makes sense thank you!!
Thanks
Point no. 15 all the way! Maybe a video on how to scale? Who is your number 2,3,4 etc ? And how did you find them.
I'm a middle schooler who will be taking over a family company, pool business. So much pressure trying not to fail, trying not to ruin everything my grandfather has worked his hole life on. Your video really helped!
Nail it 💯🎯 these are my strategies that I've always work with. I thought I was the odd one standing out.