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Capitalism.com with Ryan Daniel Moran

The NEW Way to Build a 7 Figure Business

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 17 May 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

Question for you…

Would you be okay with owning only 10% of the business you founded? Not so much?

What if that business grew to be worth a billion dollars? Would you be okay with that percentage then? 

Ryan's conversation with Brian Lee (founder of Legal Zoom, ShoeDazzle, Art of Sport, and the Honest Company) took a surprising turn when Brian revealed he "only" owns a small percentage of each of his businesses. But, as he said, "Look, I'm out to build billion dollar companies. I'm okay if I only own 10% of it."

While most entrepreneurs wear all the hats in their businesses, clinging to their ownership stake rather than bringing others on board, the Owner's Model Ryan teaches blows that model to smithereens. As Ryan asks, "Do you want to eat a grape or do you want to eat a slice of a watermelon?" When an owner is willing to build a bigger pie, everyone benefits.

In this episode, you'll discover exactly what you need to build a 7-, 8-, or even 9-figure business. And if you're expecting to hear that you'll need to work your face off for the next decade, you're in for a very happy surprise.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, welcome back to capitalism.com. I'm Ryan Daniel Moran. In today's episode,

0:05.1

I'm going to be sharing with you a model that we teach our students inside of the capitalism

0:09.8

incubator. It's actually the foundation of how we build businesses with the intention of having

0:15.4

an eight-figure exit. And the way that this is going to be different than some of the other

0:19.6

stuff that you've heard from me or anybody else in this space is we're going to talk about how to have eight figure companies with very small teams.

0:27.6

You can use this to make seven figure businesses or nine figure businesses or even billion dollar companies.

0:32.6

But what you're going to notice is that we follow a strategy and a model that allows you to not have to work 16 hour

0:40.5

days. It actually frees you up to just be in the vision seat and get the heck out of the way.

0:46.1

So if you've got ideas but you've struggled with the execution of those ideas, this is going to

0:51.0

free you up to stay in that vision seat. And if you're the operator of a business, this is going to free you up to stay in that vision seat. And if you're the operator of a

0:55.0

business, this is going to show you how to prioritize those relationships that build the business

1:00.4

for you so that you can stay in big thinking mode. Now, please note that this was originally a video

1:07.5

that we did teaching this stuff, and we took the audio to share it with you today. So this is a whole training on what we call the owner's model. Enjoy.

1:20.3

The new way to build really successful businesses is not to be working 16 hours a day being really stressed.

1:29.7

Moving forward, there are going to be massively successful, profitable businesses that

1:34.5

are built with teams of one to four people that become seven, eight, even billion

1:41.7

dollar businesses.

1:43.1

And it's something that we call the owner's model.

1:45.2

In this video, I'm going to show you what the owner's model is, and I'm going to teach you

1:49.4

why it's different than being an entrepreneur and how thinking like an owner can free you

1:54.6

up to build a bigger business, make more money, and have a better lifestyle.

1:59.6

I was first introduced to this idea when I was giving a conference, we do a yearly conference

...

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