Breakout Brands: What $100M Businesses Do Differently Than You
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 23 August 2021
⏱️ 23 minutes
🧾️ Download transcript
Summary
Some people take ice cold showers. On purpose. Why? Because among other health benefits, it's an easy way to modify and optimize the way your body responds to stress.
But as an entrepreneur, what do you do to shock yourself out of being stuck? How do you level up and get to the next level in your journey?
As you'll hear in this episode, one way is to purposefully put yourself in a room with entrepreneurs who are way ahead of you. They've accomplished what you're after - and are now scaling heights you may never have imagined possible.
This is how we grow, how we gain insight, motivation, and proof that "yes, this is possible." When we immerse ourselves for a few days in a network of extraordinary entrepreneurs, we are transformed. Plus, you never know who you'll meet who will go on to play a key role in your journey.
In this episode, you'll get a little advanced intel about the people you'll meet when you attend this year's Capitalism Conference. Which one will you be especially glad you connected to, when you look back on this event as the pivotal moment in your journey?
Transcript
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| 0:00.0 | I was 21 years old and I had just graduated college. |
| 0:09.0 | I think this was 2009. |
| 0:11.0 | And throughout my college experience, I had been an affiliate marketer, which meant that I was, you know, running a full-time, six-figure a year business. |
| 0:20.0 | And once I graduated, I had no idea what to do. |
| 0:24.7 | No idea, right? |
| 0:26.4 | In my mind, it's like, well, I have a business. |
| 0:30.6 | So I'll just grow this business. |
| 0:33.0 | I'll just double down on this thing and it'll grow. |
| 0:36.7 | And when I graduated, I was absolutely freaking miserable. |
| 0:41.6 | Because all of a sudden, I realized I had no idea what I was doing. |
| 0:45.4 | I had no idea if I was gonna be able to grow this, |
| 0:49.6 | if I'd be able to sustain this. |
| 0:51.7 | And then the business started shrinking and getting smaller and smaller I started |
| 0:55.7 | losing my profits I started worrying about it all going away I remember one time my mom asked me |
| 1:02.9 | what are you doing this week and I said trying to pay rent because I was so afraid that it was all |
| 1:10.5 | crumbling and of course you start to mentally perpetuate that. |
| 1:13.8 | So what I did about it was I took $25,000, which was a lot of money to me. And I joined a group |
| 1:24.3 | of entrepreneurs that was way ahead of me. I had no business being in this room, |
| 1:30.3 | not really sure why they let me in. It could have been because I paid them $25,000. |
| 1:34.3 | But I had no business being in this room. And I did it simply because I knew I needed to think |
| 1:41.3 | differently in order for me to grow. And I knew I needed to think differently in order for me to grow. |
| 1:45.0 | And I knew that the strategy that I was following, the mindset that I had, the approach that I was |
... |
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