Season 1 · Episode 35
Ryan Begelman, Summit Series // Holistic Entrepreneurship, Philosophy + Buying A Mountain
Creator Lab - interviews with entrepreneurs and startup founders
September 8, 20201h 42m
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Who Is Ryan?
Ryan Begelman co-founded Summit Series, described as "TED meets Burning Man" & "The Davos of Gen Y" by Forbes They've become known for hosting incredible events with thousands of leading creators like Richard Branson, Jeff Bezos & Jessica Alba. Summit acquired Powder Mountain, America's largest ski resort after pre-selling the opportunity to their community. Ryan also bought into Bisnow Media, became CEO & sold for a reported $50mil+, all without venture capital.
What You'll Learn Part 1: Business Frameworks + Backstory- Framework For Business Ideas – a technique to generate ideas: marketing, monetization + markets
- Bootstrapping + Buying A Mountain – how they pre-sold an idea to their community to buy a mountain for $50mil + why you should consider bootstrapping too
- Joint Venture Waterfalls – applying a concept from private equity to real estate + businesses
- Dealflow – four ways to think about generating deal flow: hunting, trapping, farming, trading
- Replacing Yourself – how to find, hire & train someone to replace you
- Redefining Wealthy + Holistic Entrepreneurship – creating a well-rounded, fun & meaningful life through entrepreneurship
- "Software For The Brain" – train your brain for mental fitness, developing awareness + neuroplasticity
- Practical Philosophy – concepts from greek philosophy, Buddhism & stoicism to help you be less reactive + less annoyed
- The Story of the Chinese Farmer – a parable about nature + grounding yourself in truth
- Ego – is wanting to leave an indelible mark on humanity a form of ego or something to strive for?
- 00:00:00 Preview
- 00:01:54 Welcome
- 00:04:16 Summit Series
- 00:10:12 Buying A Mountain
- 00:12:18 Revenue & Size of Summit & Bisnow Sale
- 00:15:28 Holistic Entrepreneurship: The Trap of Venture Capital
- 00:22:43 Life Cycle of Real Estate Investing
- 00:25:34 Joint Venture Waterfalls
- 00:31:22 Business Idea Framework
- 00:34:42 Pickleball Example
- 00:41:01 Finding Trends
- 00:42:39 Dealflow: Hunting, Trapping, Farming, Trading
- 00:47:20 Hiring Someone to Replace You
- 00:50:43 Part 2: Mental Fitness, Philosophy & Holistic Entrepreneurship
- 00:58:16 Mindfulness
- 01:05:53 Developing Awareness
- 01:08:30 The Story of the Chinese Farmer
- 01:11:14 "Don't Be the Tree Limbs, Be the Trunk"
- 01:14:12 Assumptions and Biases
- 01:17:02 Dropping Your Concept of Right and Wrong
- 01:18:48 Appeal of Stoicism: Controlling What You Can Control
- 01:22:56 Training Your Brain
- 01:24:36 Getting Out Of The Worst Phase Of Your Life
- 01:28:37 Relationships Aren't for Happiness
- 01:32:11 Dealing with Ego
- 01:34:00 Training Himself To Complain Less
- 01:35:40 Is Making An Impact On The World Driven By Ego?
- 01:37:30 Avoiding Unsolicited Feedback
- 01:38:22 Alternative To Jumping To The Solve
- 01:39:13 Wrap-Up
Thank you to our partner This week's episode is supported by InstaSleep Mint Melts, the drug-free, convenient sleep aid. They're easy to take without water & melt in your mouth like a mint. They're designed to help you fall asleep faster & wake up without feeling groggy in the morning. If you've had issues sleeping like I have, try them out - available at select Walgreens stores and their website: www.upgradeyoursleep.com