How to Get People to Say Yes | Ryan Serhant
· Summarized
Key takeaways
- Being willing to embarrass yourself can lead to higher income, as risk-taking and public vulnerability often open more opportunities.
- Visualizing yourself as future successful self helps you act with confidence and authenticity, which attracts opportunities.
- The best sales approach is to focus on building genuine relationships by finding common ground and asking questions, not hard selling.
- Over-communication and respecting egos in negotiations can turn difficult deals into wins, especially with high-stakes clients.
- Consistency in content creation and personal branding on social media leads to long-term business success and recognition.
- Persistence in follow-up is crucial; Ryan followed one client for five years before closing multi-million dollar deals.
- Success is driven by continuous growth and a sense of responsibility to leave a positive legacy, even after reaching high levels of achievement.
- Treat your time as a finite resource—like money—and manage it meticulously to maximize productivity and results.
Summary
The Value of Embarrassment and Leveling Up
Ryan Serhant emphasizes the importance of being comfortable with embarrassment as a key to success. He argues that taking risks and risking public shame can lead to greater monetary rewards, as those who are willing to embarrass themselves often make more money. He shares his personal rule that if someone invites him on a podcast, they better give him a gift first—highlighting how small gestures or surprises can influence perceptions and opportunities. He then discusses the importance of leveling up by placing oneself in high-stake situations. For example, he transitioned from focusing on rentals to sales, which was initially a 'fake it till you make it' situation but with a mindset of future self-visualization rather than deception. He advises that entrepreneurs should say no to comfort and routine, actively seeking out opportunities to stretch their capabilities in order to increase earning potential and reduce burnout.
Ryan's Approach to Media and Acting
Ryan recounts his experience auditioning for 'Million Dollar Listing' and how he prepared himself as if he were already on the show, acting as his future self. He details the strategic and psychological preparations, such as waking early, showing a exaggerated lifestyle, and creating a persona that projected confidence. He emphasizes that his goal was not to fake anything, but to align current actions with his future self—an approach he considers more authentic. He describes how he used staged efforts, like arriving at the audition early, and how he manipulated perceptions—such as pretending to be tired or unfiltered—to make himself stand out. Ryan also talks about the importance of follow-up, persistence, and the art of relationship-building, which he applied even in unconventional scenarios involving potentially shady deals or encounters. His story underlines the importance of acting as if you are already where you want to be, to attract the opportunities you desire.
Mastering Sales and Negotiation through Relationship Building
Ryan details his sales philosophy grounded in building genuine relationships rather than traditional selling. He advocates for the 'two Cs'—finding something in common, then asking questions to keep the conversation going, avoiding the hard sell. His philosophy is that the best sale is no sale; instead, you craft an environment where a client feels engaged and not pressured. He describes an approach called 'Codo,' which involves establishing clear expectations and next steps early on. Ryan also emphasizes the importance of understanding that selling the dream is more effective than selling a product, especially in high-end real estate. When dealing with egos or complex negotiations, he recommends over-communication, respecting all parties, and partnering with ego rather than fighting it—playing for everyone to win, which ultimately closes more deals.
Building a Business with Attention and Content
Ryan shares how early in his career he recognized the power of media to generate leads and grow his personal brand. He discusses leveraging reality TV, social media, especially Instagram, and YouTube to showcase his properties and personality. Ryan highlights that distribution is the most valuable business asset, and that showing up consistently on video helps him stay relevant and attract clients. He stresses that content creation doesn't require full-time effort—he recommends simple solutions like recording short videos using AI avatars or engaging small business owners for content. Ryan's strategy of building community and trust through pull marketing—rather than push advertising—has been pivotal in his success, allowing him to command premium deals and embed himself deeply in the industry.
The Power of Persistence, Follow-Up, and Overcoming Low Points
Ryan narrates a series of challenges, including his lowest moments when he lacked money and faced rejection, such as a card being declined in a store or feelings of failure. He recounts specifically how he called his mom and friends for support and how he decided to persist with real estate despite starting from scratch during the economic crash of 2008. His long-term follow-up practice—such as contacting a potential client biweekly for five years—paid off when he finally closed several multimillion-dollar deals. Ryan advocates for relentless follow-up, explaining that most people give up too soon. His relentless attitude towards following a lead or prospect, paired with strategic relationship-building and patience, enables him to convert seemingly lost opportunities into major successes.
Reflections on Success, Growth, and Personal Responsibility
Ryan discusses his perspective on success, emphasizing happiness, legacy, and making a positive impact as his macro goals. He admits that despite achieving great wealth and fame, he feels driven by a sense of responsibility and the desire to help others. He speaks about continuous growth as essential to his happiness, acknowledging that even with wealth, he remains ambitious. Ryan also reflects on his humble beginnings and how his childhood experiences with rejection and being an outcast fuel his resilience and drive. He advocates for hard work, endurance, and maintaining a positive attitude, emphasizing that one should not excuses based on past hardships but instead use them as motivation to improve.
Sponsors
- Applovin · Launch your first AppLovin campaign and grow your business.
- Matic · The robot vacuum that does it all—grab yourself a year of free bags here.
- HeyGen · A message-first AI video platform that helps people and AI agents turn ideas into professional video in minutes. Try for free.
- LMNT · My go-to zero sugar electrolytes—get a free LMNT Sample Pack here.
Show notes
Ryan Serhant is a real estate broker, founder of SERHANT., and star of Bravo’s Million Dollar Listing New York and Netflix’s Owning Manhattan.
He explains how to sell without making people feel sold to: build a connection, help first, and earn the right to ask. He also breaks down the psychology of attention and persuasion, showing how to get people's attention, hold it, and turn it into business.
We explore why he rejects “fake it till you make it,” how he approached his Million Dollar Listing audition as the person he wanted to become, and why ego gets in the way of closing deals.
Ryan explains his time management framework of treating each day as a bank of 1,000 minutes changed the way he works, and why success can still feel insufficient after you achieve all of your dreams.
Enjoy
-----
(00:00) Intro
(02:19) Get Chosen Before You're Established
(10:03) Why Sellers Should Take Acting Classes
(11:11) What Is Embarrassment Costing You?
(12:28) The 1,000 Minutes a Day Framework
(16:26) Why Buyers Resist Your Pitch
(20:57) Are You Giving Up Too Soon?
(21:39) How to Use Google Alerts to Land Leads
(23:21) The Craziest Deal in Serhant History
(31:21) How to Handle Ego in Negotiations
(33:02) Your Next Move at Rock Bottom
(38:56) Why Attention Isn't Making You Money
(43:11) Find Clients Where Nobody Knows You
(44:55) Why Strangers Ignore Your Offer
(46:51) What Is Success Costing You?
(52:03) The Excuse That Costs You Respect
-----
Follow Ryan Serhant: https://www.instagram.com/ryanserhant
-----
+ Members get the longer, extended version of this conversation, with additional content not included in the public release.Learn more: https://fs.blog/membership/
------
Thank you to the sponsors for this episode:
+Applovin: Launch your first AppLovin campaign and grow your business: https://applovin.com/shane
+Matic: the robot vacuum that does it all—grab yourself a year of free bags here: https://maticrobots.com/shaneparrish
+HeyGen is a message-first AI video platform that helps people and AI agents turn ideas into professional video in minutes. Try for free at https://www.heygen.com/tkp
+LMNT: My go-to zero sugar electrolytes — get a free LMNT Sample Pack here: https://DrinkLMNT.com/TKP
-----
Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it’s completely free. Learn more and sign up at fs.blog/newsletter
------
Follow Shane Parrish:
X: https://x.com/shaneparrish
Insta: https://www.instagram.com/farnamstreet/
LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Follow this show on AudioBrevity and new episodes get summarized for you. Create a free account