#TBT - How To Get To $1 Million With Zero Employees w/ Elaine Pofeldt

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 11 April 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

If it seems unlikely at first glance, an employee-less million dollar company is possible. You don’t have to have everything figured out to start your business, but there are a few key things to consider if you’re going to go it alone.

Your business is a means to an end, your ‘end’ is ultimately the lifestyle you want, and so that needs to be the first thing you establish. Find out what non-employee options exist out there. Tune in for an expert breakdown of what is required to launch and grow your one-person show.

Transcript

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0:00.0	I think that we're getting pretty close to having more $10 million one-person businesses,
0:05.8	because I noticed just in speaking with some of the entrepreneurs from the book,
0:10.6	they're already getting into the $3 million range and beyond in some cases.
0:16.7	It's just a matter of time.
0:18.3	It's such a great opportunity right now for people who are really smart about figuring out
0:23.6	how to put all these trends to work for themselves to create a better life.
0:31.9	Hey, capitalists, in traditional throwback Thursday fashion,
0:36.8	we're re-releasing one of our most popular episodes
0:39.5	that we've had on capitalism.com. Enjoy.
0:42.9	Today I'm going to be speaking directly to those of you who are thinking about starting a
0:47.7	business, who have been listening to some of the stories that we have featured here on
0:51.6	Freedom Fastlane, and you're like, hey, I want to do that.
0:55.6	Because I'm going to be joined by Elaine Pofelt who wrote the book, The Million Dollar One Person Business.
1:02.2	So she's literally written the book on how small entrepreneurs can get to the million dollar point and beyond, which is something that I have
1:12.6	personally specialized in. Several hundred million dollar businesses have come out of listening to the
1:19.6	show and through the tribe and our training programs that we have at capitalism.com and freedom
1:26.0	fast lane. So I wanted to bring Elaine on to talk about
1:29.3	some other business models that are working for entrepreneurs. And she also mentions members
1:35.3	of our community inside of her book, which was just featured on the Tim Ferriss podcast and
1:42.6	Tim's website.
1:45.1	So a bunch of our students are getting featured in big media, I guess.
1:51.3	So I wanted to bring her on to talk a little bit about some of these stories because
	...

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