A Dynamic Approach to Entrepreneurship: Ray Chang on Achieving Business Success

What qualities do you look for in a potential project, and how do you determine which opportunities are worth pursuing? Join us as we welcome Ray Chang, a dynamic entrepreneur, and executive who has successfully built companies in real-estate development, motorsport experience, and tourism space. With over 15 years of experience developing, managing, and delivering business-to-business and business-to-consumer events and experiences, he is a results-driven and event-focused veteran. In this episode, Ray shares his inspiring story of success, from helping his parents manage their restaurant growing up to founding Motorsport Lab. He digs into his successes, failures, and curiosity about what will happen next for those he has invested in. Listen to Ray’s insights on embracing diversity within entrepreneurship, networking, modernizing investments, and marrying your passions with good business decisions. Let’s dive in![00:01 - 06:50] Opening Segment• Ray’s journey to entrepreneurshipMoving from Taiwan to the US at a younger age15 years of experience in real estate development, Motorsport experience, and tourism• How Ray started selling energy drinks door to door before founding Motorsport Lab[06:51 - 13:45] Managing Multiple Businesses• How Ray developed a community on trips to share ideas, and business deals• The growth of F1 and its association with lifestyle, culture, and community• Balancing out the Asian American Community[13:46 - 20:47] Exploring the Opportunities of Real Estate Investment• Discovering the opportunities for real estate investing in PortlandBuilding units in Portland to create more housing stock• Building Asian American community through venture Angel investing• Experiences with successes and failures[20:48 - 27:25] Navigating the Angel Investing Space• Investing in people rather than companies• Ray’s experience investing in a variety of industriesReal estate, cannabis, fashion, consumer tech, retail, and more• The power of helping entrepreneurs and investing in them[27:26 - 34:55] Closing Segment• Factors that can lead to the success or failure of a company• How to combine your passions and businesses• Learns from other industries to bring ideas back and work smarterWant to connect with Ray? Follow him on LinkedIn, or email him at [email protected] Key Quotes:“My job as an entrepreneur is to really understand more and do the best I can to create a cognitive and customized experience to help the entrepreneurs grow.” - Ray Chang“You gotta make a decision, it may not be the right decision, but you eventually want to make it right.” - Ray ChangDownload our FREE Strategizing for Inflation Guide here: https://www.excelsiorgp.com/download/Connect with me on LinkedIn!LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in, and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.