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Capitalism.com with Ryan Daniel Moran

You Only Need 5,000 Followers To Build A Million Dollar Business

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 20 April 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

Most entrepreneurs believe that they need a massive following to build a successful business.

But in this podcast Ryan shows you how you can build a million dollar business with just a small audience of 5,000 people.

To join The One Percent, our community that helps capitalists build million dollar businesses and learn to growth their wealth visit:
https://www.capitalism.com/the-one-percent/?utm_source=CapPod&utm_medium=podcast&utm_campaign=episode

Transcript

Click on a timestamp to play from that location

0:00.0

Most people think that you need like a million followers in order to build a million

0:07.7

dollar business.

0:08.4

But that's a myth.

0:09.9

In fact, to have a seven-figure business, you only need like 5,000 followers.

0:16.8

Of course, the question always comes up.

0:18.0

Well, how do I get the group of 5,000 people that

0:21.5

actually want to buy my stuff so I can have a seven-figure business?

0:25.5

And that's what you're going to discover in this video.

0:28.6

Hey, I'm Ryan Daniel Moran.

0:30.1

I help entrepreneurs build seven-figure businesses, and I help them do it in the most dead

0:35.1

simple way.

0:36.1

We basically plug them through a third grade formula that is

0:39.3

four products times 25 sales a day. That's 100 sales a day at a $30 price point, which is $3,000 a

0:46.3

day, which is $90,000 a month in sales, which is just over a million dollars a year.

0:53.3

Yeah. Yeah. A million dollars a year. Yeah.

1:01.5

A million bucks right there. And I found that the fastest way to get those four products of 25 sales a day is to have an audience of people that want to buy from you. Right.

1:07.5

If you can launch those four products or any products, I don't care what you're

1:11.6

trying to sell, if you can launch something with a group of followers that actually care about

1:16.7

what you have to say. And I'm talking about an email list, a TikTok, a podcast. I don't,

1:22.7

I don't care. YouTube. Did I say email list already? I did. I already did say that. If you have 5,000 people

1:29.9

anywhere that care about what you have to say, you have enough to have a million dollar business.

1:36.1

And you can see how if you had 5,000 people who followed your Instagram about fitness tips,

...

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