Season 1,

74: How to Lose Money by Being Investigated by the FBI with Ryan Stewman

August 19, 2017

Ryan Stewman, CEO and Founder of Hardcore Closer and Break Free Academy, is a 4x best-selling Author, Motivational Speaker, Sales Coach, Podcast Host, Blogger and all around Entrepreneur. He’s also a regular contributor to Forbes, Entrepreneur, Addicted2Success, Good Men Project, Lighter Side of Real Estate, Huffington Post, and more.

Ryan is best known for consulting with alpha personality business owners on rapidly growing their sales through the use of strong marketing and advertising. With his no BS, ‘take action’ approach, Ryan has been able to help high income and high net worth performers make adjustments in their businesses that unleash windfall profits. In the day and age of sales trainers advertising their success by bragging about the private jets and expensive cars they’ve been able to purchase themselves, Ryan prefers to brag about the mansions and exotic cars his clients have been able to purchase through the utilization of his teachings. His programs have propelled numerous clients from 5 and 6 figure incomes to 7 figure a year earners, and he has a new group he’s working on each year in his top tier program “The Tribe”.

Time Stamped Show Notes

[4:15] After writing for 7 years on his blog, Entrepreneur approached Ryan to write blog posts for them, and later Forbes did too.

[7:40] Being a prolific mistake maker, after 8th grade Ryan dropped out of school and started selling car washers until at age 18 he met a drug dealer, offered him something that made him go to jail 2 years later.

[9:27] Out of jail and working at the car wash again, he was offered a job at a mortgage business, within two month at age 23 Ryan was making around $10,000 a month.

[10:44] Instead of looking for people, he went to investor’s seminars and started a mortgage business giving loans mostly to investors. Hired a friend to work with him and trouble begins when this man’s mother forges a signature in the title company.

[13:10] The man working with Ryan convinces him to partner up to sell houses. In a few months, they went on to have around 30 transactions.

[13:50] Having his company credit card declined at a gas station, Ryan went to his office to find it empty and he was locked out of it.

[16:10] After several calls, the partner was found and told him the FBI told them the way they were doing business was illegal, but the money wasn’t really frozen by the FBI.

[18:12] Two days later, the mom sues Ryan, the ban, the title company, and everyone involved except for his son.

[19:44] The partner kicks Ryan out of his house as it was on his name. This period was worse than prison.

[20:38] Claiming she was misled, the mom got everyone to settle and pay her. Ryan would not settle as he knew he did nothing wrong.

[24:24] Pulled over by a cop under an already-paid 7 year old speeding ticket, the FBI tried to hold him for something, but couldn’t find a thing.

[31:20] After a year, Ryan settled for a $1 and went on to focus on not having more business partners and taking the experience from the lesson.

[34:10] Failing Forward Segment

  • What is the bottom line reason of this failure? – “So I can learn a lesson. I don’t have any ‘formal education’ so the only way to gain is to go through experiences and learn lessons.”
  • What is the single most important lesson you learned from this? – “I should have scanned their character better.”
  • What are the major ways you protect yourself from future failures? – “I don’t have any business partners in any of my Hardcore Closer and Breakfree Academy but I do have some joint ventures.”
  • Who do you turn to when you need help? – “I’m fortunate enough to have some great advisors in my life.”
  • What advice would you give to someone in a similar position? – “ The only way that I could’ve lost in this situation was to fold and quit.”

[38:54] You can get a copy of Ryan’s best-selling book Elevator to the Top at www.elevatortothetop.com. In www.hardcorecloser.com you can learn about persuasion and selling.

[40:18] If you get at least $1,000 profit or commission from a sale or more, Ryan may be the one to help you.

[41:50] Ryan’s final thought: “No matter how bad things get, it’s probably not as bad as you think it is.”

To hear this episode and many more like it on your mobile device, you can subscribe to How To Lose Money via iTunes or Stitcher.

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