Million Dollar Relationships - Ryan Niddel

Author: Kevin Thompson
Published: Wed 07 Dec 2022
Episode Link: https://sites.libsyn.com/407312/million-dollar-relationships-ryan-niddel

Ryan Niddel is a General Partner, CEO, Board Member, and Entrepreneur. He is also the leading authority on improving the revenue of companies by improving EBITDA through increased operational efficiency, lean manufacturing principles and more. He has helped with the acquisition or exit of more than 11 companies while seeing their collective revenue surpass more than $237M. Niddel has successfully tripled the revenue of more than 5 companies in under 2 1/2 years adding an extra $950M in valuation to these companies.

Niddel began his entrepreneurial journey at the age of 10, and was taken under the wing of a local business titan and began being mentored at the age of 14, ultimately changing the trajectory of his life forever. He currently runs a private equity group, the CEO of two 8-figure companies, and sits on the board of directors for several other companies. He has built a reputation as Ohio's top business growth specialist, and as someone able to rapidly improve the profitability of a company in order to achieve a higher valuation and sell for significantly more revenue.

Ryan Niddel contributes to multiple charities including Big Brother Big Sister, Operation Underground Railroad, The Buckeye Ranch, and other causes he cares about. He is in the process of launching a foundation focused on the education of the youth of today to help with practical application on business, entrepreneurism, and capitalism.

[00:00 - 05:53] A Bifurcation of Efforts

Ryan Niddel is a business owner and has started his own private equity fund and is also able to provide consulting services to businesses looking to grow their revenue.
Currently, he manages a total of 155 million in a private equity fund.
He helps business owners transition from accidental to more intentional entrepreneurs, and eventually sell their businesses.

[05:53 - 21:44] Why the People We Met Are our Most Valuable Asset

Ryan was introduced to Vinnie Fisher and Mark Jenney, two individuals who completely changed the course of his life.
Ryan was offered a job at Vinnie Fisher and Mark Jenney's web hosting company, which he accepted.
Vinnie shared with Ryan the basics of affiliate marketing, which Ryan found to be the pillars of his career as an entrepreneur.
Ryan gradually began to take on more responsibility within the company as it was growing. Eventually, Vinnie and Mark wanted to start another company, so Ryan became CEO.
Ryan tells the story of how he learned to accept his limitations and the battles that he had to endure with his experience as CEO and shares his biggest regret.

[21:44 - 28:12] The Great Lessons of Life Can Be Unexpected

Ryan tells the story of how a party was an unexpected experience that changed his perspective on life and how it has helped them in his business ventures.
Ryan discusses how experiences like this are monetizable, and what are the benefits of networking and meeting people and having a good time with them can propel your business.

[28:212 - 29:16] Closing Statements