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Dr. Finance Live Podcast Episode 43 - Ramy El-Batrawi Interview - Author - Billionaire Entrepreneur
(Originally aired 1/6/22): https://www.youtube.com/watch?v=nQSJqcJ49O0
This is Episode 43 of the Dr. Finance® Live Podcast hosted by Dr. Anthony M. Criniti IV (aka “Dr. Finance®”). Dr. Criniti interviewed Ramy El-Batrawi, an American businessman, billionaire, entrepreneur, philanthropist, author of Can You Really Think and Grow Rich? published by Extraordinary Life Publications.
A dealmaker, Ramy El-Batrawi is the Owner and Managing Member of X, LLC, and an effective negotiator, known for his expertise in structuring winning transactions.
Highlights include:
-Structured $18B in equity and debt financing to support a bid for Vivendi Universal; aligned high-net-worth individuals consisting of Marvin Davis, Texas Pacific Group, Apax, Alen & Co, Carlyle Group, Bain Capital, Blackstone, and other private equity firms for a total equity of $10 billion and secured debt financing of $8 billion from JP Morgan, Fleet Bank and Deutsche Bank.
Acquired Global Leisure Travel the parent company of several travel-rated organizations producing $220 million in annual gross sales, and held full-scope accountability for staffing, P&L, sales management, marketing, compliance and eventual sale to Carl Icahn.
Ramy sourced and negotiated the purchase of NeWays International for $700M. He strategically partnered with renowned businessman, Adnan Khashoggi.
Most recently In 2016 El-Batrawi formed YayYo, Inc. a holding company which lists amongst its assets Rideshare Rentals, a leading provider of rental cars for Uber/Lyft drivers.
0:00 - 44:34 - Podcast welcome and Ramy's story
44:35 - 59:43 - About Ramy’s books; what made you want to write a book now?
59:44 - 1:06:31 - How does it feel to be a billionaire? Dr. Criniti's concept of the "prosperity tipping point"
1:06:32 - 1:08:00 - How do you define billionaire?
1:08:01 - 1:15:34 - Why do you want to be rich?
1:15:35 - 1:18:56 - Is everyone meant to be wealthy?
1:18:57 - 1:21:26 - From Principle 53 of The Most Important Lessons in Economics and Finance book: “The price of great wealth is responsibility” (Criniti, 2014, p. 84). Agree?
1:21:27 - 1:22:57 - What role has Napoleon Hill’s Think and Grow Rich book played in your life?
1:22:58 - 1:25:53 - What is your top 3 material possessions that you ever owned?
1:25:54 - 1:31:14 - If you wanted to establish a business relationship with a very powerful person that you don’t know, what techniques would you use in the pre-internet era?
1:31:15 - 1:36:31 - Why did you want to work with Adnan Khashoggi (the former richest person in the world) so much?
1:36:32 - 1:40:11 - What role have you played in the success of John Gray (Men Are From Mars, Women Are From Venus)?
1:40:12 - 1:43:20 - How does it feel to have been homeless?
1:43:21 - 1:48:14 - Why is owning a plane so important?
1:48:15 - 1:49:17 - Can 1 book change the world?
1:49:18 - 1:53:21 - What role has networking played in your life?
1:53:22 - 1:58:30 - Is mentoring important? Who are some of your mentors?
1:58:31 - 2:00:37 - What are your favorite financial books?
2:00:38 - 2:01:53 - Do we need money to survive?
2:01:54 - 2:02:43 - Is finance necessary for everyone?
2:02:44 - 2:10:59 - How important is having a purpose in business? What is your purpose?
2:11:00 - 2:13:43 - What would you like to accomplish in the next 10 years or so?
2:13:44 - 2:25:36 - What would you like to be your legacy to this world? People and irrelevancy...deep conversation
2:25:37 - 2:31:13 - Wrap up thoughts and Outro
Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). As a prolific writer, he also frequently contributes articles to Entrepreneur, Medium, and Thrive Global. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance.
For more information about Doctor Finance, please visit https://DrFinance.Info
Disclaimer: This Podcast is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity.
Also, the opinions and views expressed by any guests on this Podcast do not necessarily represent the opinions and views of Dr. Finance® or its affiliates.
Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.
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