How I'm Building $10M E-Commerce Brands in 2024
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 3 June 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
Most entrepreneurs get stuck at 7 figures.
That’s why I’ve made it my mission to get those entrepreneurs the resources they need to get to 8 and 9 figures. In this podcast, I explain how we can best help you on your road to $1M.
Not all brands have the potential to go to $10M and beyond, but as an investor I have learned what to look for. Whether you are looking to raise capital to scale faster or not, the criteria I share in this podcast will help you build a brand that can go beyond 8-figures.
If you’re just getting started, head to https://capitalism.com/playbook to download our free playbook.
Work with me in the fund at https://capitalism.com/fund
Scale to the $1M/year mark and beyond in the Capitalism Incubator at https://capitalism.com/inc
Connect with me on Instagram at https://instagram.com/ryandanielmoran
Timestamps:
(0:00) - The 3 Steps To $10M
(4:00) - How We Changed Our Deal Structure
(8:12) - How To Become A Brand I’ll Invest In
(11:11) - Building An Audience Of 10,000
(16:50) - Restructuring The Business To Collaborate With Entrepreneurs
(19:00) - How You Can Work With Us
Transcript
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| 0:00.0 | Most entrepreneurs get stuck at seven figures, but an eight-figure business is totally possible |
| 0:09.5 | if you follow this playbook. I had a massive mindset shift a few months ago that changed the way |
| 0:14.5 | that I will do business for the next five years. I had Dan Martel here on the podcast at |
| 0:19.3 | Capitalism.com, and he talked about being the 10.0 |
| 0:22.9 | version of yourself and casting goals and visions from that 10.0 version of yourself. |
| 0:28.4 | I can think of times where I felt like the 10.0 version of myself, and if I was that person |
| 0:33.2 | all the time, I would set very different goals than the neurotic person who wakes up feeling chaotic |
| 0:39.2 | and worried that everything is going to crumble. So when I thought about the 10.0 version of |
| 0:43.8 | myself casting goals, one of the things that I wrote down was that I wanted to build a $100 million |
| 0:48.7 | fund. I run an investment fund that invests in e-commerce brands. I get really excited about investing in the businesses that come from this community, |
| 0:59.4 | meaning the clients that I have at capitalism.com, the people who are on my email list, |
| 1:03.4 | the people who watch my videos. |
| 1:05.0 | I get so jazzed about the fact that somebody will launch a business after reading my book, |
| 1:10.3 | after watching our content, |
| 1:12.0 | and then I can come in and invest in them and advise them to $10 million and we can have a |
| 1:17.2 | ridiculous exit and we all party together. That is so cool. That is so much fun. In fact, |
| 1:24.4 | it's one of the most enjoyable and one of the most meaningful things that I can |
| 1:28.3 | think about doing with my time. So when I think about the 10.0 version of myself, I think about |
| 1:34.1 | building that part of my business to $100 million. And when I had that thought, I realized I needed |
| 1:40.1 | to restructure the way that I do deals. I also needed to prepare the people in our community |
| 1:47.1 | and the people who watch our content to be able to have that type of scalability. Because I teach people |
| 1:54.1 | how to build million dollar businesses and I get excited about coming and partnering with them |
... |
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