cover of episode Ryan Begelman, Summit Series // Holistic Entrepreneurship, Philosophy + Buying A Mountain

Ryan Begelman, Summit Series // Holistic Entrepreneurship, Philosophy + Buying A Mountain

2020/9/8
logo of podcast Creator Lab - interviews with entrepreneurs and startup founders

Creator Lab - interviews with entrepreneurs and startup founders

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Shownotes Transcript

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

Part 2: Holistic Entrepreneurship, Philosophy + Mental Fitness

  • 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?

Time Stamps (YouTube) - 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)