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Capitalism.com with Ryan Daniel Moran

3 Steps To Hitting $100k Per Month In 6 Months

Capitalism.com with Ryan Daniel Moran

Capitalism.com

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

4.8793 Ratings

🗓️ 30 November 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

100 sales per day is about enough to make $100k per month in top line revenue. And this number is important because it is a big goal post to having a business that you can sell.

It takes getting to about $100k a month to be able to support your lifestyle and be able to achieve financial freedom, whether you sell or not.

In this podcast Ryan shares the 3 step plan that can get you there as fast as humanly possible so you can get in the Freedom Fast Lane.

If you're ready to build a 7-figure business you can sell that doesn't eat up all of your time, watch Ryan's FREE 4-part video series - The Perfect Business
https://www.capitalism.com/perfect/?utm_source=CapPod&utm_medium=podcast&utm_campaign=episode

Transcript

Click on a timestamp to play from that location

0:00.0

100 sales a day is enough to have about $100,000 a month in top line revenue.

0:10.0

And I see that as the first checkpoint to having a business that you can sell.

0:16.0

The way that you become financially free is to build a profitable business and to invest the profits.

0:22.4

And it takes getting to about $100,000 a month in revenue to have the profit that you need

0:28.3

to be able to spit off so much that it supports your lifestyle and gives you the excess cash flow

0:33.8

for you to be able to invest.

0:35.7

If you do that for a couple of years,

0:38.1

you're in a position to set yourself up financially

0:40.8

for the rest of your life.

0:42.3

So the first checkpoint is getting that business

0:45.0

to $100,000 a month.

0:46.6

So let's just create the plan that gets you there

0:49.1

as fast as humanly possible.

0:51.1

If I had a magic wand and I could get you to do

0:53.8

anything that I told you to do

0:55.6

and you would only do that, here's what I would tell you to do to get to 100K a month. First,

1:02.3

put your energy on building an audience. And by audience, I mean one source where you're creating

1:08.9

content and one source where you're collecting email addresses.

1:13.2

Here's what that looks like inside of my business. I collect email addresses from prospective

1:19.1

customers and I give them an ebook that gives them a lot of value but also recommend some of

1:25.3

our products and the products of some of our competitors.

1:28.8

My goal is to build up as many active, engaged email subscribers as possible so that I've got

...

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