Ryan Carroll, known as the “matrix breaker” – is a content creator and entrepreneur who found freedom through his business, Wealth Assistants. Wealth Assistants helps its clients generate passive income and gives them the luxury of not having to do anything other than making the original investment by completely creating and operating eCommerce stores using proven systems and automation. Relying on years of detailed experience and research, Ryan happily helps others achieve returns greater than they’d see with traditional forms of investing, such as real estate and stocks. He refers to this as “breaking the matrix.”
This company is a natural progression for the bright businessman who can trace back his entrepreneurship and skills in sales to when he was a kid. On one such occasion, Ryan took a small investment and was able to multiply his returns by almost ten times, ultimately selling out on the first day his online store went live. This is when he began to realize he had a gift for business and put his creative endeavors on hold.
Aside from running his business, Ryan is passionate about creating content and producing media. Ryan believes that the reach of his experience and knowledge can be optimized on social media and is putting in the work to make it happen.
How did you get started in this business?
Ever since I was 15, I would buy products wholesale and sold them on eBay. Arbitraging the pricing made me money quickly, so I have stuck with the entrepreneur route.
How do you make money?
I sell services through my company, Wealth Assistants. We help clients build their own eCommerce stores and create compelling offers.
How long did it take for you to become profitable?
With selling, it never took me longer than a few days. When you study the market and take calculated risks in what you’re going to sell, it works. It’s only when you jump in too quickly that it doesn’t work.
When you were starting out, was there ever a time you doubted it would work? If so, how did you handle that?
Oh yeah, all the time. But it’s important to stay optimistic every time you fail. It’s natural to have negative emotions once you fail, but the only way to overcome failure is to stay optimistic, learn from them, and keep moving forward.
How did you get your first customer?
My first customer came from Facebook after I posted ads for my product. Social media is great for marketing.
What is one marketing strategy (other than referrals) that you’re using that works really well to generate new business?
Paid advertising. If you can get good at running paid ads, it shouldn’t be a problem converting prospects into buyers.
What is the toughest decision you’ve had to make in the last few months?
I had to turn down some exciting travel experiences with people just because I wanted to stay hyper-focused on work. At the end of the day, all I want is to travel the world and experience life, so turning them down was extremely difficult. However, I knew that if I stayed focused, I could have everything I wanted on my terms in a few years.
What do you think it is that makes you successful?
Being good at sales. Once you understand what people desire, you can tailor it to their needs and create an offer they would feel stupid for not accepting. Another thing that makes me successful is having a good mindset that allows me to be relentless in what I do and not give up.
What has been your most satisfying moment in business?
Readings messages from clients that express how happy they are to work with me and how they enjoy our service. That always puts me in a good mood, especially when the business is going through a rough patch.
What does the future hold for your business? What are you most excited about?
I’m excited about tapping into multiple different money-making ventures soon that will allow me to help more people become financially independent. There are ways to make money that most people are unaware of and don’t require much money to get started, so I’m excited to share that knowledge.
What business books have inspired you?
Rich Dad Poor Dad, by Robert T. Kiyosaki
Think and Grow Rich, by Napoleon Hill
Profit First, by Mike Michalowicz
Principles, by Ray Dalio
The 48 Laws of Power, by Robert Greene
What advice would you give to your younger self?
Stay present and appreciate each moment. Time flies by faster than you think. Also, try always to do your best to enjoy the process and be optimistic through all the pain and failures because everything you go through provides a lesson that will get you to where you want to go if you stay strong.
Are you willing to be a mentor? If so, how should someone contact you?
I wish I had the time to mentor people individually, but the reason I’m creating content about my craft is to mentor as many people as I can. If you reach out on Instagram and I happen to have a moment and feel I could help you, I might respond.