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Capitalism.com with Ryan Daniel Moran

6 Things To Know Before You Become An Entrepreneur

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 20 May 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Entrepreneurship isn't just about becoming financially free.

It isn't about running away from money problems, or putting in years of hard work so that you can actually be happy at some future date.

It is about doing work you enjoy every day.

I've learned a lot of lessons like this over my years building and selling companies.

On this podcast I share some of these insights from my new book 12 Months to $1 Million.

Get your copy today at:
www.Capitalism.com/Book

Transcript

Click on a timestamp to play from that location

0:00.0

Hey friends, what's going on? Welcome to the show. This is Ryan. This is capitalism.com.

0:10.0

And today I'm going to chat with you about six things that I wish I had known when I had started

0:15.5

my entrepreneurial journey. And this is straight out of the introduction of my book 12 months to 1 million, which is available now on Amazon.

0:24.8

And at bookstores nowhere, because bookstores are not open.

0:29.1

And you can't go there right now and you can't buy my book there.

0:32.1

So actually, you could buy it there if it was open, but they're not open.

0:36.0

So you can drive to the curbside pickup and grab it,

0:40.6

which no one is doing. Or you could just click the Add to Cart button on Amazon by searching my name.

0:46.0

So in my introduction to 12 months to $1 million, I go through a little bit of how we got here,

0:52.4

a little bit of the journey of getting to the

0:56.1

point in which I can formulaically build million dollar businesses. And being on the other

1:02.6

side of all of the struggle and the hardship and the sleepless nights and the worries

1:08.6

about money and fears of failure after having a more than

1:13.6

$10 million exit, after having lots of failures to get there, I condensed what I wish I had known

1:20.9

at the beginning of my journey into six major lessons. And I'm just going to share with you.

1:25.4

I'm going to do a little bit of a free flow while

1:27.8

also reading a few selections from the introduction of the book. But I'll just jump right in with

1:36.5

the first thing that I wish someone had told me when I had started. Number one, this is harder

1:40.6

than you think. And if I could say this differently today, I would say, I would just say, this is a life sentence.

1:49.6

Most entrepreneurs get into this game because they're looking for a short-term win rather than the beginning of a lifelong adventure.

1:57.5

I wish I had known at the beginning of my journey that the goal was not to be free from work,

2:05.9

free from struggle, free from financial worries.

...

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