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Capitalism.com with Ryan Daniel Moran

Why Amazon Sellers Get Stuck While Others Scale #WednesdayWithWyan

Capitalism.com with Ryan Daniel Moran

Capitalism.com

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

4.8793 Ratings

🗓️ 27 March 2019

⏱️ 14 minutes

🧾️ Download transcript

Summary

Ryan Daniel Moran talks about the reasons why some entrepreneurs manage to break the million dollar cap and how some just don’t.

Find out how Ryan chooses what companies he will invest in — the ones he sees breaking the million dollar mark — and what he advises to do with the other ones! Will following a recipe get you beyond the million dollar plateau?

Transcript

Click on a timestamp to play from that location

0:00.0

You see, people think that if you followed a specific plan to get to a million, you can follow a specific plan to get to 100 million.

0:07.6

And some people can, but most entrepreneurs who are grinding their way to the first million cannot grind their way to 10 million.

0:23.8

Because the game changes at that point.

0:30.7

You know, getting a product into the marketplace, you know, that's getting, it's getting in the game.

0:35.2

Getting to a million dollars is learning how to play the game.

0:40.8

But once you're at a million dollars, you have to completely change the game.

0:44.0

It is a new game at that point.

0:45.8

Hey, capitalists.

0:48.2

It's time to crack open your favorite beverage.

0:49.5

I like Zivia.

0:54.6

This is Wednesday with Wyon on capitalism.com.

0:56.2

What up, everybody?

1:00.6

Today I'm going to tell you the tale of two businesses,

1:03.7

tale of two seven-figure businesses,

1:08.3

one of which I will invest in,

1:14.6

and that I think has the potential to be a nine-figure business.

1:26.9

And one that I recommended that the person shut down or at least wrap up and let it die a slow and profitable death.

1:37.2

This week, I welcomed a group of seven-figure business owners to my lakehouse here in Austin, Texas,

1:43.5

and we had our backroom meeting, which is my mastermind.

1:46.0

I need to come up with a different word other than mastermind.

1:47.9

Mastermind is so overused.

1:49.6

But anyway, I teach a group of entrepreneurs.

...

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