Start Scale Exit (eBook)

How to Start, Build, and Sell a Business While Living the Life of Your Dreams

Ryan Carroll (Autor)

eBook Download: EPUB

2023 | 1. Auflage
96 Seiten
Bookbaby (Verlag)
979-8-3509-0932-6 (ISBN)

Infos

'Start Scale Exit' by Ryan Carroll is a comprehensive guide for entrepreneurs at all levels, offering valuable insights on various ways to build and exit a business. In this book, Ryan challenges the notion that selling a business is the only way to exit, sharing his own story of successfully exiting a multi-million-dollar business in his mid-twenties while retaining ownership and control. With a desire to be a 'thriving artist, not a starving artist,' Ryan takes readers on a journey filled with victories and setbacks, offering fundamental business advice that inspires, entertains, and educates entrepreneurs at any stage. With features in esteemed publications like Forbes, Business Insider, and Entrepreneur, Ryan Carroll's expertise makes this book an invaluable resource for aspiring and seasoned entrepreneurs alike.

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"e;Start Scale Exit"e; by Ryan Carroll is an indispensable guide for entrepreneurs at all levels, offering valuable insights and strategies for building and exiting a business successfully. Contrary to popular belief, selling a business is not the only way to exit it, as entrepreneur and vlogger Ryan Carroll reveals in this eye-opening book. Drawing from his own experiences, Ryan shares his remarkable journey of exiting a multi-million-dollar business in his mid-twenties while retaining majority ownership and control. Motivated by his aspiration to be a "e;thriving artist, not a starving artist,"e; Ryan takes readers on a rollercoaster ride of his victories and setbacks as a young entrepreneur. Along the way, he imparts essential business advice that will inspire, entertain, and educate entrepreneurs at any stage of their wealth-building journey. Each chapter of "e;Start Scale Exit"e; acts as a practical and comprehensive guide, presenting a step-by-step approach to starting, scaling, and ultimately exiting any business. Novice entrepreneurs will benefit from the breakdowns of fundamental concepts such as business formation and branding, while seasoned entrepreneurs will find validation or discover new directions to propel their ventures forward. Ryan Carroll's expertise and achievements have garnered recognition, with his companies being featured in esteemed publications like Forbes, Business Insider, Entrepreneur, and Fast Company, among others. His wealth of knowledge and proven track record make him a trusted source of guidance for anyone aspiring to build a thriving business and achieve financial success. Whether you're a budding entrepreneur seeking guidance or a seasoned business owner looking for fresh perspectives, "e;Start Scale Exit"e; is a must-read. Ryan Carroll's unique blend of personal anecdotes, practical strategies, and professional insights make this book an invaluable resource for navigating the complex world of entrepreneurship and crafting your own path to success.

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Chapter 2

Conformity Is the Killer

Get good grades. Don’t skip class. Go above and beyond in extracurricular activities. Get into a good college. Graduate. Get a respectable career. Start a family. Push your kids to do the same. The American dream. Right?

Nope!

Not for me. I always knew deep down from a young age that the traditional route wasn’t one I planned on taking, but there’s no denying the pain and hardship that come with taking the path less traveled. Today’s societal expectations are force-fed to us and passed down to each generation, where society now believes no one can have a good quality of life without formal education. We’re also taught that the more educated you are, the better the career and the better the life. Right? I’m betting that many doctors worldwide would disagree as they chip away at their student loans and endure long days full of highly stressful situations.

Because of my resistance to this narrative, I didn’t have much support growing up. If anything, I had a lot of the opposite. I used to be very shy and quiet, which was worse when I couldn’t perform well academically. This was because I’ve always had difficulty taking things I didn’t understand or thought mattered seriously. Sports and competitive projects, however, are where I found my confidence.

The competitive aspect of sports helped me become more social—too social—to the point where I became the class clown. I can’t count the times teachers pulled me aside and put me down, promising that unless I got my grades up and started behaving, I’d spend the rest of my life flipping burgers. These projections were communicated to my parents, who would regurgitate them to me with the hopes of scaring me into conformity. I don’t blame them; society had them believing that if I didn’t get into college, I’d be a failure, which meant that my parents failed at parenting. Society is savage.

The truth is that my parents were far from failures. While they did file for divorce when I was two, they always maintained a healthy relationship without drama and provided me with a pretty good childhood. We never really had a lot of money or luxuries, but I was always taken care of. My mom was a physical therapist who helped me live a healthy lifestyle. At the same time, my dad was an HR manager for the video game company Blizzard, which fueled my creativity and imagination.

My parents always wanted the best for me, so they enrolled me in a small private religious school that I attended from kindergarten through high school. Despite the effort put forth by my parents to set me up for success, I could never shake the feeling that grades, along with the rest of the school system, really didn’t matter. To me, the school system was just a manufactured simulation that was intended to manipulate people into living lives they didn’t want to live. I always knew it was bullshit. Becoming the black sheep in this bubble was inevitable, but better to be a black sheep than a regular one.

For that very reason, I never desired to go to college. Many of my friends at that time were taking their studies very seriously and investing all their time and energy into school out of fear of becoming a failure after graduation. Ironically, I believed the opposite. To me, failure meant going to college and working a traditional job. I refused to believe that’s all life is. I just wanted to have fun. However, fun isn’t cheap. The real question was, how could I afford to live this wonderful life full of fun without college?

The Price of Fun

When I got my first car at age sixteen, I drove down the infamous PCH in Southern California and had the most incredible time. It was a two-door Toyota Celica that at the time was more valuable to me than a Bugatti. It probably cost less than $5,000 and had already been around the world twice in terms of miles. Instinctively, I knew that one day this car would be a Ferrari. It was not a wish or a hope; it was a deeply embedded feeling of destiny. How I was going to connect the dots from Toyota to Ferrari was yet to be decided. Still, I drove with the windows open, the cool California breeze was cutting through the air in the car, creating a powerful contrast between the cockpit of my ride and the limitless ocean just a few feet away outside of the window. This car represented more than four wheels and an engine; it was my freedom. The freedom to travel and see all the beautiful parts of life, a mission that was subconsciously embedded in my mind since birth, what I now call my North Star.

Knowing your North Star in life is important. Your North Star is that one desire that drives you more than anything in the world. If you had to choose one thing to do with the rest of your life, that is your North Star. When you know what it is, and that every action you take every day will get you either closer or further from this, you become very powerful, and very intentional in every action you take and how you spend every moment of your time. So discovering this North Star early on in life was a blessing. Traveling the world, free of traditional notions of success, owning my time, and making my own decisions was my North Star. I knew that is how I wanted to live, so I needed to make enough money to support my lifestyle and my dream. I remember researching how to make a lot of money around that time, and I came across people doing well for themselves by selling products on eBay.

Before e-commerce took off and became trusted by society, I still took the gamble and tried it myself. After much due diligence in researching manufacturers and online sales, I began buying things wholesale and selling them online for a markup. Surprisingly, it worked out, and I put a little money in my pocket. That would become my first “fuck you” moment to the matrix.

It would have been so easy to give up on myself and follow suit with the rest of the world, but I would never have been able to be where I am today if I didn’t experiment with alternative routes. While the constant doubt and negativity were taxing, I’ve learned from a very young age to take the negative energy you get and find a way to make it positive. All the people who said I’d never be anything motivated me to prove them wrong. Same for all those teachers who said I wouldn’t be successful without going to college. I wanted to prove them wrong too. And for all of those who said I’d be flipping burgers unless I conformed, I wanted to prove them right—I thought about how fun it would be to see their faces after opening a burger franchise with all the money I planned to make from not attending college.

Ultimately, life is what you make of it, and I refused to live a normal life. I wanted to be a multi-millionaire who made incredible content of my worldwide travels, so I did everything I could to get there. From a very young age, I learned how powerful manifestation and visualization could be. I learned that if you can see something play out in your mind, you can find a way to turn it into reality. The critical thing to know about having a solid vision is that it’s a double-edged sword. On one edge, you can envision where you want to be—so well that you might get caught up in the fantasy and neglect the other edge.

Due Diligence

Since that first drive down PCH, my true North Star never changed. The only thing that evolved was how I would end up getting there. After graduating high school, I could finally escape the bubble of private school and do what I wanted. I was lucky enough to land an incredible job at a surf shop in Dana Point, California, a quiet little beach town just south of Laguna Beach. The job paid decent enough to enjoy myself while also allowing me to meet a lot of different people and greatly expand my network. While surfing every morning and having enough money to travel gave me the fun I’d been chasing, it was too comfortable for me to develop a hustler mentality. Can you blame me? Give a teenage kid more money than he’s ever seen mixed with sunshine and popularity, and it’s a safe bet he’ll choose short-term fun over long-term gains.

However, those glorious years weren’t all a waste. They taught me some precious lessons. During that time, I was fortunate enough to travel worldwide with my friends and make some incredible memories. I became passionate about creating content about my travels, and each trip was an eye-opening experience that led me to truly understand myself and know why I do what I do. I wanted to see the world and film my experiences. I wanted to fly first class. I wanted the best waterfront penthouses available. I wanted to travel and see the world without limits, but as many people reminded me, I was just a teenager working at a surf shop. They weren’t wrong. The truth hurts.

I could live comfortably between the surf shop and my e-commerce business, but it was nowhere near enough to live the life I’d dreamed about. I needed to do more to get there, so I spent a few weeks with my head down in research, trying to find the best way to make money, and ultimately landed on wholesale real estate. I learned that you could make good money by flipping wholesale real estate to investors, so I decided to give it a shot. I began by cold-calling and showing up to all the properties I found on Zillow and positioning myself as part of an investment firm. Once I had information on suitable properties, I started calling escrow companies looking...

Produkt-Details

• Erscheint lt. Verlag: 4.9.2023
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• ISBN-13: 979-8-3509-0932-6 / 9798350909326