How To Make $1M Starting With NO Money
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 31 July 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
Let's just say you had... NO money. How would you make $1 million starting from this low point?
In this podcast Ryan shares three strategies and his overall business philosophy you can use to build a million dollar brand, starting from the ground floor.
The key thing in all business is to provide more value for others and care about your potential customers and inevitably this value you create for others can turn into a highly valuable company.
To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:
http://www.Capitalism.com/Million
Timestamps
(0:00) - Intro
(0:30) - Change The Money Story You Tell Yourself
(1:40) - Money Energy Exchange
(4:00) - Attracting Capital & Raising Money
(6:00) - Lessons From Alex Hormozi And His Book Launch
(10:10) - Case Study Example - How Jake Cares About His Buyers
(11:50) - Prototypes And Creating Interest
(12:40) - Big Picture Summary
Transcript
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| 0:00.0 | All right, so you don't have any money. Can you still build a seven-figure business? |
| 0:07.0 | I'm going to show you how you can hit a seven-figure business in one year from today, even if you are dead-ass broke. |
| 0:14.0 | I mean, broker than your cat. I mean, you have no money. You are living in the basement. |
| 0:19.0 | You've been down in the basement drinking coffee for four hours because you live in a van down by the river. Hey, if that's you, don't worry, |
| 0:26.7 | I got you covered. But first things first, you got to stop telling yourself the story that you |
| 0:31.4 | don't have any money. Money is one thing that makes a company grow faster. It's also a thing that breaks companies because |
| 0:39.3 | people spend money in places that they shouldn't. So you've got to stop telling yourself |
| 0:43.2 | this story that because you don't have any money, you can't start a business. When people |
| 0:48.2 | start businesses in order to solve financial problems, it is kind of like saying, I'm going to have a baby so |
| 0:55.7 | that I have more free time. It just doesn't work like that. Having a business will expose your |
| 1:02.5 | financial challenges, but if you have the business that creates enough value that attracts money, |
| 1:07.7 | that will actually solve your financial problems. That's what we need to focus on. |
| 1:11.6 | So first things first, you've got to realize that this story that you play in your mind about |
| 1:16.0 | how you can't start a business because you don't have any money is just a story that you're telling |
| 1:20.7 | yourself. There are lots and lots of ways to start businesses that get to a million dollars |
| 1:25.8 | or even more or at least six figures |
| 1:28.4 | profit that started with no money or hardly any money. |
| 1:32.6 | You're just going to have to be creative, do things a little bit differently, maybe work |
| 1:36.2 | a little bit harder or meet the right people. |
| 1:38.2 | So let's go into what that looks like. |
| 1:40.1 | Instead of telling yourself the story that you can't start a business because you don't |
| 1:43.1 | have any money, the story that you do need to tell yourself is that you're going to create something of more value for somebody else than you're going to get in return. |
... |
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