Ryan Doucet and Max Edson with PRYCD
Join your hosts, David Pere and Alex Felice, with their guests, Ryan Doucet and Max Edson, as they talk about land investing and the experience of starting a business whose services focus on automating the processes of land liquidation and investments.
Before their current venture, Ryan and Max partnered in a crypto app project that their target users didn't receive well. The project eventually arrived at its ultimate failure. Despite the hurdle they faced as creators, their collaborative spirit glued them to continue to their now growing project: LandX.
In this episode, Ryan and Max put the limelight on the making of their platform and the whole mindset of creating something that the market needs. All of that and more as you tune in.
About Ryan Doucet and Max Edson:
Max has been involved with real estate for the past two years and is a program manager with a background in economics and business management. He is currently getting his lean six sigma green belt certification that focuses on process improvement techniques and strategies. In his free time, Max enjoys building data analytics models for various industry sectors.
Ryan is a software engineer with a background in computer science and web application development. He is currently getting his masters at UT Austin in Computer Science with a focus in Artificial Intelligence. In his free time, Ryan loves to develop software and build computers.
Outline of the episode:
[01:25] Integrating backgrounds in land investment and software.
[03:20] Entering an interesting niche – Land investing.
[03:48] LandX: A platform for rapid land property investments.
[04:45] Automating direct marketing campaigns.
[08:09] Blind offers: The primary stage of a deal.
[09:14] The variables in land investing and what makes it less risky.
[11:01] Your target market demographic.
[13:45] LandX's website feature that helps categorize lands by codes.
[15:25] LandX: The different processes and cost of sending out a letter.
[18:36] On ensuring growth for a better LandX.
[32:22] Realizing competition where it mostly is.
[34:18] On lime lighting the lessons of the Pareto Principle – know your vital few.
[35:36] An advice to anyone who wants to make investments or start a business.
[40:30] Pen and paper-ing – plan and understand your ideas, get feedback!
Advice to an 18-20-year old: Understand the work ethic and go for it…it is okay if you fail early on!
Recommended resource(s): Rich Dad Poor Dad by Robert Kiyosaki, and
Sponsor: Carrot websites https://www.frommilitarytomillionaire.com/carrot
R.E. Tipster by Seth Williams:
Rich Dad Poor Dad by Robert T. Kiyosaki:
Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom by Robert T. Kiyosaki:
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