7-Figure Plan: What I Told A New Seller About Building A Million Dollar Business
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 20 June 2022
⏱️ 50 minutes
🧾️ Download transcript
Summary
Joe Duff is a healthy food fitness influencer with a ton of followers.
500k YouTube subscribers and over 400k Instagram followers!
So when he reached out to Ryan for some advice he had to get on the phone to do a 1 hour consult - he already has a loyal following, but how could he build a million dollar brand around this?
Of course, if you aren't an influencer yourself, everything in this podcast applies to how you can use anyone else's audience, list, or following to turn this traffic into some real sales.
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
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| 0:00.0 | The most predictable way to set yourself up for a seven-figure business and also an eight-figure |
| 0:09.3 | exit is to control an audience, a group of people who want what you have to sell them. |
| 0:16.6 | So when I was contacted by an influencer with 500,000 YouTube subscribers, 400,000 people |
| 0:22.6 | following them on Instagram, and a sizable email list in my favorite niche market, that's |
| 0:29.6 | food, I had to bring this person onto the podcast and do a one-hour consult with him. |
| 0:35.6 | Now, I had a sneaky reason for bringing Joe Duff onto the podcast, |
| 0:41.6 | and that's because he's in my favorite market and he's my ideal type of person to work with |
| 0:47.1 | on a one-to-one basis. Because I know that by pointing out a few specific things that he does |
| 0:53.4 | in his business, he could have |
| 0:55.0 | a seven-figure business en route to an eight-figure exit. As a result of you listening to this |
| 1:00.1 | consult, you're going to walk away with two things. One, you're going to see the clear plan |
| 1:04.9 | that I give him to launch a successful business and grow something that I think can be an |
| 1:10.7 | absolute smashing home run. |
| 1:13.8 | But the second thing you're going to get is some insight into how the influencer mindset works. |
| 1:18.7 | Because if you're a brand builder or a new entrepreneur, working with an influencer can sound |
| 1:22.9 | intimidating or out of reach. But what you're going to discover after listening to this conversation is that |
| 1:29.3 | influencers see equity or business building as just as difficult as some people see building an |
| 1:37.2 | audience or putting out content. And it's a beautiful opportunity to partner with someone that already |
| 1:43.7 | has the reach. It's one of the things |
| 1:45.3 | that we encourage our students to do inside of the capitalism incubator is to partner with people |
| 1:50.3 | who already have an audience and use their audience to launch your business and to get the |
| 1:55.9 | exposure that you need to take something to seven figures. In fact, that's when I end up recommending that Joe do, partner with someone within our community |
... |
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