Why Companies Exist with Ryan Coon
Today I had the pleasure of speaking with the Co-Founder and CEO of Avail, Ryan Coon. Avail is an online platform that provides unlimited use of listings syndication, tenant applications, lease agreements, and collecting rent. Before building his own company, Ryan worked as an investment banker at BMO Capital Markets for 3 and a half years.Let’s dive into Ryan’s story of how pursuing your passion and happiness will lead you to success.Things you will learn in this episode:[00:01 – 05:45] Opening SegmentI talked briefly about the valuable information that you can take advantage of in this episode I introduce guest Ryan Coon into the show Ryan talks about his backgroundGrew up in a family that had small businessesTook up accounting and finance in college[05:56 – 11:25] Starting Your Journey In Real Estate InvestingRyan talks about seeing investing in passive income-producing properties as an opportunity (building-up wealth)Ryan’s interest in technology and how it helped him manage his side business while working a corporate jobThe great recession and how Ryan was able to take advantage of itMaking his first real estate deal[11:26 – 23:26] The Story behind AvailReflecting on my passion and what I want to do in the futureAha moment: Apps for landlords to handle their business easierLearned how to write codes for 2 to 3 years to launch a technology companyFinding a different way of being happyRyan talks about how he wants to help their people in Avail grow, but also help them when the time comes for them to move on[23:27 – 31:13] Why Companies ExistRyan talks about the main purpose of creating AvailHow it worksHelping DIY landlordsHow do you stay true to your purpose as opposed to just making money?Making the renter and landlord the center of what we doConstantly thinking on a deeper level why your company exists[31:14 – 37:16] Facing the COVID-19 EraRyan talks about their strategies in handling their business during this crisisTaking care of the teamHow could we help the customers?Gathering and providing informationFinding a solution[37:17 – 43:51] The FOCUS FIVE SegmentWhat book have you gifted most often?Delivering Happiness by Tony HsiehIf you can get an hour of somebody’s time and ask questions, who would that be and why?Al Michaels because I think he’d be a fascinating person to talk withWhat is one thing that you believe that most people would disagree with you on?I believe that homeownership is not the perfect answer for everyoneMorning routine, How do you start your day?Amidst the COVID-19 crisis, it is more important to maintain a healthy routineWhat is the best place we can connect with you online?See below for links Finals words from meTweetable Quotes:“Uncertainty breeds fear, anything that we could do to help remove that uncertainty to make people a little more calm is gonna be one of the major ways to help us get through this.” – Ryan CoonResources Mentioned:Avail WebsiteBMO Capital MarketsRich Dad Poor DadDelivering Happiness (Audiobook)Delivering HappinessAl MichaelsYou can connect with Ryan on LinkedIn and Twitter or connect with their company @helloavail on Instagram, Twitter, and Facebook. You can also visit their website Avail.coLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.Are you working HARD but not really moving the needle on anything? You should check out my POWER LIST and find out how you can get more done to move your business, project, or relationship closer to where you want it to be. Let’s go!To know more about Hans Struzyna and all the real estate opportunities you can find, check out his website at Hansstruzyna.com. Get the chance to talk with Hans for FREE. Set up a call with him using this link https://calendly.com/h-struzyna/15min See acast.com/privacy for privacy and opt-out information.
Duration: 44 min