12 Months To $1 Million: What Changed Since 2020?

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 3 July 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Since publishing 12 Months To $1 Million 3 years ago a lot has changed in the market.

When it comes to building eCommerce brands you can sell for over $1 million, the basic audience building strategy with a focus on "The Grind" in the beginning is just as important as ever.

But in this podcast Ryan shares all of the updates he would make if the book were to come out today in 2023.

To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:

http://www.Capitalism.com/Million

Timestamps:

(0:00) - Intro

(3:10) - How Amazon's Algorithm Has Shifted

(6:15) - How The Market Has Compressed

(9:35) - How Influencer Marketing Has Affected eCommerce

(11:55) - Why You Should Still Expect 12 Months To Get To $1M

Transcript

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0:00.0	I've helped over 500 people build seven-figure businesses. That was before I published 12 months
0:09.4	to 1 million in May of 2020. I've said 500, even though some people have read the book
0:15.7	and built million-dollar businesses beyond that. So the number is probably a lot bigger now.
0:20.4	I'm really proud of that.
0:21.7	But it's been three years now since I published 12 months to 1 million. And the market has
0:26.8	changed a lot since the publish of that book. So today I want to share with you a few things that
0:33.1	have changed in the market or in the strategy in regards to the 12 months to $1 million plan.
0:39.3	First of all, if you found this and you have no idea who I am, my name is Ryan Daniel Moran,
0:43.3	I help entrepreneurs build million dollar businesses by building brands that get to 100 sales a day.
0:48.5	And in my book, 12 months to $1 million, I break down the million dollar strategy into getting four products at 25
0:55.6	sales a day at a $30 price point. The entire process takes a year to do. And I break this into
1:02.5	three phases. The first phase is the grind. The purpose of the grind is just getting a darn sale.
1:13.2	It's making all the hard decisions like what am I going to sell and how am I going to sell it and what's my product going to be and
1:17.0	how is it going to be different from everybody else? And what am I going to charge? It's doing
1:20.7	all of those hard decisions that everybody gives up on over about 90 to 120 days and then you
1:26.3	take your first sale. If you do what I share inside of 12 months to 120 days and then you take your first sale.
1:27.8	If you do what I share inside of 12 months to 1 million and in my mentoring program the 1%,
1:33.4	you will come out of the gate with many sales because you'll stack the deck and have people
1:37.9	ready and waiting to buy from you as soon as your product is ready.
1:41.9	So that's the first phase.
1:43.0	It's getting the first sale. The second
1:44.8	phase is called the growth. And the growth is about getting a consistent 25 sales a day. And we do
	...

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