The Owners Model - How To Pivot From "Entrepreneur" to "Owner"
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 18 January 2021
⏱️ 29 minutes
🧾️ Download transcript
Summary
Hey entrepreneur, are you sitting in the owner's chair? Or are you operating every piece of your business?
If it is the latter, you are probably way overstressed, way undercapitalized, way confused about the direction of your business, and growing really slowly.
You've discovered that the worst businesses in the world are seven figure businesses. Why would the author of 12 Months to $1 Million say a thing like that? Because:
- You have to hire really good talent, but you don't have the money to hire really good talent. You have to have the cash flow to be able to reinvest into growth, but you don't have enough cash to grow the business.
- You're just stuck paying yourself and then getting by on the rest of the revenue.
- You're able to pay yourself and for your overhead and maybe some team members, but you're caught in a trap where you're not really able to grow to that $10,000,000 point, or even higher.
So, in today's episode, we're going to help you make the shift from entrepreneur to owner. After listening, you'll be crystal-clear on the three things a business leader needs to focus on. With that clarity, you'll see the path forward for making your current business - or your next - the freedom machine that fuels your life and lets you make an enormous difference for your customers.
Let me know what you think. I think this message has the power to change everything for the entrepreneurs who really get it.
Transcript
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| 0:00.0 | What's up team? Before we dive in, I want you to go to capitalism.com slash start. This is where we put |
| 0:05.0 | all of our best free stuff on starting and building a seven figure business. So if you are looking |
| 0:12.7 | for the right business to start or you haven't yet crossed seven figures, go over to capitalism.com |
| 0:17.9 | slash start. This is our starting page where we put all of our best stuff |
| 0:23.1 | for free. And there's actually a 10-part series on there that will walk you through the methodology |
| 0:28.3 | that I use to build businesses that I can scale and sell. So go there now. It's capitalism.com |
| 0:34.3 | slash start. Hello, Capitalism.com slash start. |
| 0:41.5 | Hello, capitalists. |
| 0:43.3 | Welcome to capitalism.com. |
| 0:45.1 | I'm Ryan Daniel Moran. |
| 0:47.8 | It's a chaotic day here at home. |
| 0:51.4 | Esther had surgery today, and my goodness, |
| 0:56.5 | breaks, just breaks my heart to watch my kids in pain. If you're a parent, |
| 1:02.6 | you know exactly what I'm talking about. I am getting ready to give a presentation at CellarCon, which is in a couple weeks. You can still get tickets if you'd like to watch |
| 1:08.1 | virtually. It's presented by the good folks at amazing.com. I think you can get tickets |
| 1:12.6 | at sellercon.com. It's a digital event. I'll be flying out to the event headquarters to give |
| 1:19.8 | a presentation in front of their tech team and it'll be streamed out to the world. And I wanted to |
| 1:24.6 | give you kind of a preview of the theme that I'll be talking about there |
| 1:28.3 | because it's going to really help you out. |
| 1:31.8 | This is going to really help your business and it's going to help you think about sitting |
| 1:37.0 | in the driver's seat of your business and even running multiple projects without adding |
| 1:43.2 | anything to your to-do list. |
... |
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