On this week’s episode of The Art of Passive Income, Mark and Scott welcome a Founder and product person, active angel investor, mentor, advisor, author, and speaker, Ryan Frederick to the show.
Ryan Frederick is a Founder and product person, an active angel investor, mentor, advisor, author, and speaker with an unbeatable track record for starting and growing many software and service companies from inception, to viability, through to sustainability. As an innate Founder and product person, he has authored two books, The Founder’s Manual: A Guidebook for Becoming a Successful Entrepreneur and Sell Naked – And Other Advice for Growing and Managing Service Firms. Ryan conducts frequent speaking engagement about product, startups, and company leadership, while devoting his time to assist all who seeks him out for mentorship, whether locally or internationally.
With his many years of working with small, medium, and large scale companies, Ryan had gathered enough hands-on experience to make him one of the most highly sought-after Founders in the world. His experiences have led him to believe that many aspects of being a Founder, creating a product, and building a company are counter-intuitive. He outlines ways to deal with them in his highly acclaimed book, The Founder’s Manual.
Ryan’s success is not the only facet that makes him so valuable among his peers and anyone who has ever heard his speech. His charitable launch of a non-profit workforce development program to train under-employed adults on digital skills called i.c.stars is just one of the many contributions to the betterment of those in need that makes him so valuable.
Listen in as they discuss:
- Ryan’s journey to becoming a master Founder and products person, and how he enjoys his successes today.
- How to build a team that is capable of doing the things you are not good at doing.
- Getting your business to the place where your clients, employees, and leads feel so comfortable they develop a love of doing business with you.
- Creating clear, attainable goals and a plan of how to achieve them in a specific time frame.
- Focusing on strategy and how it impacts opportunity.
- Understanding how to remain humble and listen to what your stakeholders have to say about a product or service.
- Focusing on solving a problem instead of only focusing on the money you want to make.
- Reevaluating the meaning of a side hustle and passive income. Then determine which one is the right fit for you.
- Getting comfortable with uncomfortable situations that are necessary to help you grow personally and professionally.
Founders have to run to the fire, not away from it.Ryan Frederick
TIP OF THE WEEK
Mark: My tip of the week is: learn more about Ryan Frederick at ryanfrederick.biz. Check out the book, check out what he’s doing.
Scott: Check out sayless.email, it’s a website. What you would do is just type in what you want, hit on the button and it will go back, and it will use AI to compress all the words that you’re using into something that’s short and sweet. And what happens when you send something short and sweet, you get a response. Use something like this to think about what you’re going to say, make it stream-line, and try to get them to respond back to you.
Ryan: My tip of the week is to leave people with to be intentional, be disciplined, and value that over hustle. I think this hustle narrative is sort of societally swept us, it sort of misguided a lot of people so if you’re going to do something be intentional and disciplined about it. Also, one of my favorite books from my favorite author is Ryan Holiday, one of his books that I think is the best is “The Obstacle is the Way”. It talks about running through the fire, confronting problems, being comfortable with this comfort. I will highly recommend it.
Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?