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Ryan Hanley

πŸ‘€ Speaker
See mentions of this person in podcasts
17619 total appearances
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Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

I guess what I'm trying to get at is, like, I'm trying to break this down, because I'm in your camp.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

Like, I'm more in your camp.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

This is what really fascinated me, is you're one of the few people that I've heard who's at the level of success that you're at preaching this type of philosophy, and I'm trying to kind of wrap my head around why this is so pervasive, this constant, and maybe it's more of a, and I could be wrong, you're pushing me, maybe it's more of just an American belief

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

cowboy, you know, shoot the big gun first, always kind of philosophy?

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

Or is this just like talking point fodder?

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

And because the businesses that I've seen be successful and the entrepreneurs I've seen consistently be successful have more of the philosophy that you are preaching.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

Yeah, I love the recommendation of buying an already operating business.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

I don't know if you're familiar with Cody Sanchez's work, but she's been popularizing this idea.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

as well.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

She calls it buying boring businesses.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

So she advocates for buying plumbing shops and HVACs and you know, pressure washing businesses and stuff like that.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

And, and what I like about it is, I think for too long,

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

there was almost like an ego trip around.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

It had to be like this and nothing against Peter Thiel because I'm a fan of him and the way he thinks, but he kind of has this, you know, be a category of one type mentality.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

If you can't, you know, which I think I get what he's going for, but I also think it shuts a lot of people down who are sitting at home going, I really would like to run my own business.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

I feel like I had the chops to do it, but I don't have some idea the

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

That's a category of one.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

And I think it shuts them down where what you've just presented are ideas of, hey, maybe you see something working in, like you said, AAA cars, but now we can move that and say, okay, we can take this idea and maybe apply it to home service or we can apply it to, you know, insert other business.

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

But

Finding Peak w/ Ryan Hanley
The Billionaire Case for Small Bets

But I want to go into the buying a business.