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Capitalism.com with Ryan Daniel Moran

How To Make Money With Your Passion When You're Broke #FreedomFastLane

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 18 October 2019

⏱️ 48 minutes

🧾️ Download transcript

Summary

Long time listener Steve Hutchings has been running his popular extreme sports blog since 2010. He's been looking to turn it into a business but isn't getting the traction he was hoping.

 

Have you been sitting on an idea? Ryan helps Steve see some golden opportunities he was blind to and shares tips on how to build

 

Mentioned in this episode

 

Want to be on the show? It's open to all for a limited time, visit: Capitalism.com/FFLpodcast

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Transcript

Click on a timestamp to play from that location

0:00.0

Is $10,000 a month a decent income?

0:03.0

I'm going to go with yes.

0:05.0

Okay.

0:06.0

I'm telling you that you are less than a year away from that.

0:11.0

Build a business, invest the profits.

0:14.0

I'm Ryan Daniel Moran and this is Freedom Fastling.

0:22.6

What's up?

0:23.6

Good looking people.

0:24.8

Ryan here.

0:25.5

Welcome to Freedom Fast Lane.

0:27.3

Hey, today I'm speaking with one of our longtime listeners who has built a blog that is doing

0:35.5

okay.

0:36.4

It's getting traffic, but it's not making money. And he has been beating

0:40.1

his head against the wall wondering, how do I monetize this thing? So what he was trying to do was build a

0:46.7

brand and build a store to monetize that following. He's passionate about his crowd. He's passionate

0:52.8

about his audience. He's passionate about this topic. But it's not making money. So what we did is we went under the hood to find where there was hidden profit and where there was hidden opportunity. And what you will discover after listening to this is how close Steve was to gold, how close he was to freedom.

1:16.6

And that's probably the case for you too. Maybe you're sitting on an idea.

1:20.9

Maybe you have been trying something for way too long and it's just not hitting pay dirt.

1:26.5

That means there's either something wrong in the

1:29.4

approach or you need to go in a different direction. But in this case, what was happening with Steve

1:36.6

was he was overlooking the opportunities that were in front of him because they seemed natural

1:43.0

and easy to him and he thought it should

...

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