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Ryan D. Lee

Founder of Wealth Outside Wall Street and creator of the Passive Income Machine, teaching ordinary investors to retire in 10 years or less via real estate and insurance strategies.

Sep 30, 2026

0:54
So as we start off today talking about these 14 frequencies with you on the subject of accountability, talk about, because proximity is a cheat code, talk about a relationship in your life that helped you go to the next level in a specific area, Bob.
1:09
Man, so, so, so many.
1:11
You know, Ken, you're helping me balance my life with running a business.
1:15
It's a trifecta when you've got kids, a spouse, and a business of just chaos.
1:21
So you're helping me, the proximity to you helps me in so many areas of my life.
1:24
But I'm going to give you one that's specific to kind of the season of life I'm in right now.
1:30
You know, when I first started in the world of taking control over my money, I read books, right? I read books, and I read Rich Dad, Poor Dad, and it gave me a new perspective of what, you know, how to measure success and what money's all about.

16 MINS LATER

17:38
What should they do?
6:11
What is what you call the passive income machine, and how does it work at a high level? 'Cause you've gone beyond just buy two proper single family homes and retire a year and retire in 10 years.
6:21
Yeah, man.
6:21
[laughs] And I'll tell you, most of this came from learning the lessons by doing it myself.
6:25
I feel like I was the guinea pig.
6:27
You know, I went out and I, I made every mistake in the book.
6:30
Um, but as I made mistakes, I learned, and as I learned, I refined my decision-making process, and over time, I started getting predictable, solid results.
6:40
Um, I walked away from a six-figure salary after about four and a half years of running the system that is now documented in this book.

6 MINS LATER

13:12
For a business owner, how should they think about turning business income into durable wealth?
5:52
So what does that blueprint look like in practice?
5:56
practice?Yeah, man.
5:57
John, I love, I love this question.
5:59
You know, for me, I went down the traditional path, right? I, I, I graduated college.
6:02
I started max funding IRAs.
6:04
I started doing everything traditionally the way you were told to do it.
6:08
And in 2008, um, I realized two very powerful lessons.

10 MINS LATER

15:58
[laughs]

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