How To Make $1 Million In 24 Hours, with John Fio
The Mike Dillard Show
Mike Dillard
4.8 • 583 Ratings
🗓️ 18 February 2021
⏱️ 51 minutes
🧾️ Download transcript
Summary
The single best way to build a million-dollar business is to solve a problem you have in your life at the moment.
For John Fio, one of those problems was stress and anxiety.
One day he was talking to a doctor who casually mentioned that sleeping under a blanket that’s equal to 10% of your body weight, triggers a calming response in your body that can dramatically reduce anxiety.
A light-bulb went off, and John went to work…
A few months later, he launched the idea for the weighted blanket on Kickstarter.
No one knew what a weighted blanket was, but people just seem to intuitively understand how it could help them, and how it works.
Within 24 hours, they’d sold over $1 million in pre-orders. Within their first 30 days, they’d made over $5 million in sales, and the Gravity Blanket was born.
Today, John’s going to fill you in on the entire story, and we’re going to discuss several important pieces of the puzzle that will be incredibly useful for everyone…
For example, should you invest time and money into patents?
And how do you fend off lower-priced competition, which they were swamped by within months?
Next, John and I dive into the dark side of entrepreneurship, including the hustle and grind lifestyle, and the expectations we can put on ourselves to accomplish big things, and make a difference in the world.
This is an absolutely fascinating interview with some lessons that will serve you for the rest of your career.
Now before we dive in, I have some pretty big news for you…
I’m incredibly excited to share that I’m launching my new business on March 1st.
After nearly 3 years of being sidelined by my health crisis, I’ve spent the past year personally focused on a single topic, which is creating passive income.
Dealing with a brain injury and unable to work for more than two years was insanely hard. Dealing with all of that without passive income made it 10 times harder, and it was an eye-opening experience.
The company is called Richer Every Day, and our mission is simple…
It’s to show business owners how to get a little richer every single day, by turning their active income, into passive investment income.
If you’re a business owner, it’s safe to say that 99% of your time is focused on revenue and growth.
But unfortunately no one in this industry talks about what to do with that money once you make it, and that’s a massive problem.
So Michelle and I made it our mission to hit $100,000 per month in passive investment income within the next 5 years.
If you’d like to see how we’re doing that, I’ll show you on March 1st.
But our strategy is just one piece of the puzzle.
What’s even more important and valuable than a strategy, is invisible work taking place in the mind behind it.
Specifically, your mind, and how all of your financial decisions in life are driven by your neuro-chemistry and subconscious programming.
These two factors are ultimately what determine a person’s financial success in life, and unfortunately, 99% of people in the world are completely unaware of them, and how to rewire these dominant mental components in a way that will allow you to create wealth and financial security in a truly effortless manner.
If you’ve ever read my book Magnetic Sponsoring, you know that it introduced a completely new paradigm shift that changed an entire industry.
Richer Every Day is going to do the same when it comes to money and investing.
I can’t wait to show you what I’ve learned and what we’ve been able to accomplish using this system. If you’d like to be one of the first people in the world to see it in action, just head to RicherEveryDay.com now.
Resources:
FioCreations.com
Follow John on Instagram
GravityBlankets.com
MoonPals.com
Shoe Dog: A Memoir by the Creator of Nike
Music:
Song: Jnathyn - Dioma [NCS Release]
Music provided by NoCopyrightSounds
Free Download/Stream: http://NCS.io/Dioma
Watch: http://youtu.be/r2Ig85ycGKQ
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to the Mike Dillard podcast. We help entrepreneurs like you get the knowledge and skills that you need to bring your dreams to life. |
| 0:12.3 | The single best way to build a million dollar business is to solve a problem that you have in your life at this very moment. |
| 0:19.7 | For John Theo, one of those problems was stress and |
| 0:22.8 | anxiety. One day he was talking to a doctor who casually mentioned that sleeping under a blanket |
| 0:28.3 | that equals about 10% of your body weight triggers a calming response in your body that can |
| 0:33.1 | dramatically reduce anxiety. At that moment, the light bulb went off and John went to work. A few months later, he launched the idea for a weighted blanket on Kickstarter. Now, nobody knew what a weighted blanket was at this time, but people just seemed to intuitively understand how it could help them, how it would feel, and how it works. Within 24 hours, they had sold over |
| 0:56.4 | $1 million in pre-orders. Within the first 30 days, they'd made over $5 million in sales, and at that |
| 1:04.1 | point, the gravity blanket was born. Today, John's going to fill you in on the entire story, |
| 1:09.5 | and we're going to discuss several |
| 1:10.9 | very important pieces of the puzzle that are going to be incredibly useful for everybody. |
| 1:15.7 | For example, should you invest time and money into patents? |
| 1:19.7 | And how do you fend off lower-priced competition, which they were swamped by within months? |
| 1:25.0 | Next, John and I dive into the dark side of entrepreneurship, including |
| 1:28.9 | the hustle and grind lifestyle and the expectations that we can put on ourselves to accomplish |
| 1:35.0 | incredibly big things and to try to make a big difference in the world. This is an absolutely |
| 1:41.1 | fascinating interview with some lessons that are going to serve you for the rest of your career. |
| 1:45.8 | Now, before we dive in, I have some really, really big news for you. |
| 1:50.3 | I am incredibly excited to share that I am launching my brand new business on March 1st. |
| 1:56.1 | After nearly three years of being sidelined by my health crisis, I have spent the past year |
| 2:00.4 | personally focused on a single topic, which is creating passive income. three years of being sidelined by my health crisis, I have spent the past year, |
| 2:05.1 | personally focused on a single topic, which is creating passive income. |
| 2:11.0 | So dealing with a brain injury and being unable to work for several years was insanely hard, as you could imagine. |
... |
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