Ryan introduced his layered business model of running three companies with shared staff and discussed how it allows for diversification and flexibility. He described his event production, marketing materials, and wholesale liquidation businesses.

Ryan discussed pausing his event business during the pandemic but pivoting his wholesale business to supply essential goods like PPE. He commended businesses' rapid adaptations to unprecedented challenges.

Ryan emphasized maintaining multiple revenue streams, as one business's fortunes may change. He looks to acquire passive businesses and plans selling his event business in 5-10 years. Exits must be planned to avoid surprises and headaches.

Ryan seeks new acquisition opportunities in different industries. He'll grow his marketing and events businesses but diversify by finding replacement verticals as industries evolve past certain products. Continual adaptation is needed to avoid obsolescence.

Half of 2000's Fortune 500 companies no longer exist. Industries constantly change, requiring anticipating new opportunities and exits. Businesses must evolve or risk becoming obsolete like buggy whip makers. Continual evaluation and flexibility are key to long-term survival.

Both men find inspiration and networking through diverse interests like volunteering. Variety prevents burnout while helping others. Business success need not be sole focus; life should be enjoyed through meaningful pursuits.