Nov 21, 2014
Ryan Blair is
a serial entrepreneur but his path to becoming a millionaire is
both unique and fascinating. From a middle-class family who
lost it all, Ryan became a gang member and, at times, carried an
AK-47. life changed for Ryan due to a strong work ethic and a will
to succeed. He overcame great obstacles to achieve extraordinary
success. With six multi-million dollar companies by age 30, Ryan
vowed to make his current company, ViSalus Sciences, be the first
billion dollar company to come out of the Great Recession and to
help many people along the way. He is a philanthropist and New York
Times best selling author.
In this interview, Ryan mentions and
incentives, rewards, compensation, leveraging, poverty,
entrepreneurialism, economic systems, philanthropy, venture
capitalists, investors, Game Theory, complementary goods and
How being a gang member
is similar to being a business person:
- "A gang is an economic system.
Similarities exist between being an entrepreneur and a
legitimate businessman and doing business as a gang member on the
- "A gang is simply illegal
entrepreneurship. It has a management hierarchy. Generally a gang
will have various revenue streams. It has a compensation system.
There are incentives and rewards as a recruiting system to recruit
new members. There's replication that occurs as a business model.
The gang will have different hubs and different cities and
countries it operates in. There are so many
theory is simply the idea of a game of chicken.
Sometimes you have to be willing to risk it all and a lot of
the time you have to be willing to walk away from a
- what life was like for Ryan
growing up with a violent, drug-addicted father and how his family
- how Ryan overcame this to
teach people how to overcome their poor decisions or the decisions
of their family or the environment they were born into.
- what skeletons Ryan takes out
of the closet (revealed in his book) giving us some insight in
- why people are shocked that
he was in a gang but how people that he knew in the past are even
more shocked by his appearance, level of education and his ability
to articulate on subjects that he is passionate about.
- how over-leveraging and keeping-up
with the Jones' fuelled by credit in the economic 'good times' can
be destructive for some families.
- how Ryan went from
middle-class to poverty to multi-millionaire.
- how Ryan went from earning
minimum wage at 18 to earning 6 figures within 2 years.
- how staring at a 60-year old
prisoner became the defining moment that changed Ryan's
- how Ryan overcame dyslexia
and ADD to create his own auditory learning system, something
which the current educational system failed to do.
- why Ryan believes that
'vision' is so important in your life.
- how Ryan helps people facing
life in adversity: Clue? - The creation of foundations and
- about Ryan's work with
- about the importance of having
mentors and having a life purpose.
You can find the shownotes to this episode'along with all the
links mentioned, at www.economicrockstar.com/ryanblair