Episode 46
In this episode, we will be reviewing the book, “12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur” by Ryan Daniel Moran. Ryan founded Capitalism.com, an online resource to teach entrepreneurs how to build successful businesses and invest the profits. More than 300 of Ryan’s students have now succeeded in building seven-figure companies using his “12 months to one million” methodology.
Let’s dive right into this review and learn more about building a business from zero to a million.
[00:01 - 05:02] Opening Segment
- We gave a backgrounder about Ryan Daniel Moran
- David talks about the core content of the book
- How many products at what average price and at how many units selling daily can you say you have a million-dollar business?
[05:03 - 13:44] Grind, Growth, Gold
- Ken talks about the highlights of the Grind Stage of building a business
- Build an audience
- David discusses the Growth Stage of building a business
- Do a face-to-face outreach to know what your audience wants
- Ken talks about the Gold Stage of building a business
- Start experimenting with different types of advertising techniques to see what works for you
- We share in what stage of growing your business you can start paying yourself
[13:45 - 22:21] Closing Segment
- We share the parts of the book that we like to wrap up our review
- Build an audience before launching the product
- Focus on one thing at a time
- Learn from successful people
- David talks about how he likes the examples cited in the book and how it is practical for people
- Where does your audience hang out?
- David shares what separates Ryan from other people
Tweetable Quotes:
“You need to make fast, bold decisions when you’re starting out.” - Ken Wilson
“You have to be comfortable with the fact that you won’t get everything right.” - Ken Wilson
“Efficiency should be top of mind in this grind stage.” - David Schomer
Resources Mentioned:
- 12 Months to $1 Million
- Capitalism.com with Ryan Daniel Moran
- The Brand Builder Podcast
- Tribe of Mentors
- Freedom Fast Lane
- The One Percent Podcast
- Scott Voelker
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Connect with Ryan on Linkedin, Facebook, Instagram, Twitter, and YouTube. Check out his personal website. Visit his company online at Capitalism.com and their social media channels: Facebook, LinkedIn, and Instagram.
Ready to scale your Amazon business? Click here to book a strategy call. https://calendly.com/firingtheman/amazon
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