011: From $400k in Debt to a 7-Figure Business with Ronsley Vaz

Published: Sept. 3, 2018, 5:01 a.m.

b'Ronsley Vaz is the founder of Amplify, an award-winning content marketing agency. In the course of three years, Ronsley dug himself out of massive debt from his failed restaurant to starting this seven figure business. He also hosts the podcasts Bon App\\xe9tit and Should I Start a Podcast, and launched We Are Podcast, the first podcasting conference in the southern hemisphere. Ronsley sits on the board of Free to Shine, an organization that prevents sex trafficking by fostering community and education in impoverished parts of the world.
\\nIn this episode, Ronsley discusses his long but ultimately fruitful climb out of debt, how he became involved in anti-sex trafficking initiatives, and how to go about approaching our own daunting debts.
\\n 
\\nShow Notes:
\\n
\\nWhat is Ronsley most excited about right now?
\\n
\\nThe upcoming We Are Podcast conference (October 18-20 this year), where he and his group will launch the Amplify Impact sustainability and anti-sex trafficking initiative.
\\n
\\n
\\n
\\n
\\nWhat beliefs did Ronsley hold about money growing up and how did they influence his success?
\\n
\\nUsed to hold deeply ingrained belief that money corrupted people, but after realizing how greatly he valued freedom he started to view money as a tool to enable freedom.
\\n
\\n
\\n
\\n
\\nWhere was Ronsley in his personal journey when he came to this realization?
\\n
\\nHis restaurant had just failed, leaving him over $470,000 in debt.
\\nExperience taught him that running a successful business requires many skills, some of them not formally obtained.
\\n
\\n
\\n
\\n
\\nHow did the failure of Ronsley\\u2019s restaurant and being so in debt impacted his mindset about money?
\\n
\\nFelt that he lacked self-worth and didn\\u2019t have anything to give.
\\nMoney didn\\u2019t feel important in and of itself, more that by not making money and being so in debt he didn\\u2019t feel like he was contributing to society.
\\n
\\n
\\n
\\n
\\nWhat\\u2019s Ronsley\\u2019s advice for those wanting to take control of their debt?
\\n
\\nTaking it one step at a time and trying not to think of his debt as a mountain to climb.
\\nNever stop following your gut instinct.
\\n
\\n
\\n
\\n
\\nHow did Amplify begin and grow?
\\n
\\nAfter losing his restaurant and going through several jobs, Ronsley took an entrepreneurial course called Key Person of Influence; helped him get out of his head.
\\nStarted and sold podcast training program Broadcast Your Message, earning him $32,000 in a week. Built up from that training program, ultimately creating the We Are Podcast conference and then Amplify.
\\n
\\n
\\n
\\n
\\nDoes Ronsley think that trying to enact his goals right away rather than plan them contributed to his success?
\\n
\\nHe sees the benefit in going \\u201call out\\u201d and figuring out what does and doesn\\u2019t work along the way.
\\n
\\n
\\n
\\n
\\nWhat were the biggest challenges in getting that first We Are Podcast off the ground?
\\n
\\nWasn\\u2019t worried so much about losing money as hurting the credibility of his clients and collaborators if the conference didn\\u2019t work out.
\\nCountered this by creating a backup plan for every conceivable scenario.
\\n
\\n
\\n
\\n
\\nWhat challenges is the Free to Shine initiative trying to address?
\\n
\\nMany girls who become victims of sex trafficking are sold because of the very poor economic conditions of their communities. Traffickers only tell parents that the girls will have a better life.
\\nFree to Shine provides basic needs (food, water, shelter, clothing) and education to these locations and helps to foster an important sense of community.
\\n
\\n
\\n
\\n
\\nHow does Ronsley feel that achieving professional success has...'