Capitalism.com with Ryan Daniel Moran

Capitalism.com with Ryan Daniel Moran

By Capitalism.com

The Capitalism.com Podcast Network presents content for those who are bold enough create change, pursue wealth, find freedom, take control of their health, and reach their full potential.... more

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Best of Capitalism.com with Ryan Daniel Moran

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  1. Number 1: Set Goals like Elon Musk | Ben Hardy

    Our playbook to $100K a month is free, and it comes with an AI tool that builds a plan for you: ► The $100K Playbook: https://capitalism.com/100K Dr. Benjamin Hardy is the co-author of the books, "10x Is Easier Than 2x" and "Who Not How" with Dan Sullivan. I read his new one, "The Science of Scaling," and then I couldn't sleep. Step one is to set a goal so big you don't believe you can hit it, and I got stuck there, so instead of interviewing Ben about his framework I asked him to run it on me live. He pulled my own goal three years forward and made me say out loud what would have to go, which is when it clicked: the goal is not a prediction, it's a tool for deciding what you cut. Mentioned on the podcast: ► The $100K Playbook: https://capitalism.com/100K ► Bootcamp waitlist: https://capitalism.com/bootcamp ► The Science of Scaling by Dr. Benjamin Hardy ► 10x Is Easier Than 2x by Dan Sullivan & Dr. Benjamin Hardy ► Who Not How by Dan Sullivan & Dr. Benjamin Hardy (0:00) Very talented entrepreneurs could be getting 100X the results they are (0:38) Step one of the book: set an impossible goal (1:02) My challenge to you before we start, and the number I want you to aim at (2:21) "I have a bone to pick with you." The book that cost me a night of sleep (3:10) How Ben made his money, and the coaching company he sold (4:15) Why he walked away from social media, masterminds, and his old business (6:27) Most people think scale means doing twice as many things (8:03) High-rep, low-rep, and Joseph Nguyen's "no-rep" learning (9:59) Five pathways that were all decent, and not one of them powerful (11:09) I got stuck on chapter one with seven goals that all seemed related (14:20) Using time as a tool: shorten the window, filter out the seven-figure decisions (15:53) "How blunt do you want me to be?" Ben moves my 2030 goal to 2027 (16:53) The first thing that falls apart is a role we manage instead of hire well (18:29) Acquire bigger brands, or install better operators (19:20) The honest answer for why I never just changed the timeline (20:44) Nobody is monitoring your goal, which is exactly what makes it a tool (23:30) Your impossible goal does not have to be a billion dollars (24:46) What happens after $100 million, and why a billion feels unclear (26:05) My seven goals out loud, and the four I had already forgotten (27:20) The Cleveland Guardians, and the goal I stopped believing in (30:34) Your goal and the company's goal are two different goals (32:20) The Bain Capital founder who could not answer "how do you choose the right goal?" (33:39) "Just choose" versus optimizing for the wrong thing (36:02) The purpose of the goal is whatever it forces you to face (37:58) Physician's Choice cut profitable SKUs to build a $100 million company (39:55) Why every event and every scroll hands you four more goals (41:47) Alicia Alt went from 10 customers to 8,000 in one week (43:20) The power law, and why a great one is worth 10,000 average ones (45:20) Margin for error: what a superstar does for everyone else on the floor (46:03) "The who often comes with the pathway" (48:15) Tom Brady and Odell Beckham Jr. had the same game and different goals (52:43) José Ramírez took $100 million below market to be the greatest Cleveland player ever (53:37) How many goals Ben actually has (54:48) The Logan Paul problem, and what Musk is really optimizing for (57:41) You are not sacrificing the other six goals, you are sacrificing them for now (1:00:37) Raising the floor is the conscious choice to let things go (1:04:07) "I'm not capable of that." Why belief is not required at the start (1:08:44) Hidden commitments: the $31 million founder avoiding his father's collapse (1:12:45) Big visions and a life you actually enjoy DISCLAIMER: The information contained on this Podcast Channel and the resources available for download/viewing through this Podcast Channel are for educational and informational purposes only.

    1h 15min
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  2. Number 2: The 3-Year Exit: How Create A Life-Changing Payday In (About) 36 Months

    The next boot camp is this exact plan. We set your exit number together and build the plan to hit it, in about three hours, for ► Workshop waitlist: https://capitalism.com/bootcamp Most people are told to work 30 years, save, and call that retirement. I think that is a bad plan, so this episode is the whole map to a life-changing exit in about three years: how to set your number, why I would build a high-margin subscription product to get there, and the math that shrinks the whole thing down to four or five subscriptions a day. I also get into the tax rule that can take your capital gains to zero, and the liquidation event you can have without ever selling the business. Resources mentioned on the podcast: ► Workshop waitlist: https://capitalism.com/bootcamp ► The Product GPT: https://capitalism.com/productgpt ► Work with me and my team: https://capitalism.com/join (0:00) The whole plan for an exit that makes you financially free in three years (1:00) I built a business in 2013 and sold it four years later in a $16M package (2:00) Throw out the 30-year retirement playbook (3:00) Your impossible goal does not have to be a billion dollars (4:00) The clients who went from zero to $500K a month, and what slowed them down (6:00) Step one, set a target that would actually change your life (7:00) Sam Prentice's formula: the passive income you need, times 17 (9:00) Why product creation beats every other route to an exit right now (11:00) Poor man's math: the profit that justifies a $4.25M price (12:00) Gruns sold for $1.2B without the profit to justify it (13:00) The three years: launch, acquire, then scale and prep the exit (14:00) $1M in profit a year is $2,750 a day, or 110 sales (15:00) Why subscription products change the math (17:00) 3,300 people on auto-ship is four to five new subscriptions a day (18:00) The gateway product, and doing this with one-time purchases (19:00) The free GPT that builds your product for you (21:00) Two paths: build an audience or build a funnel (22:00) Content or ads to an opt-in, then follow up. Everything else is drama (23:00) What the free route looks like day to day, and the hours in the DMs (26:00) The paid route: fewer moving pieces, one big cost (27:00) Why I tell you to start free even though it is slower (29:00) The whole model in one paragraph (30:00) What to do about the exit itself (31:00) QSBS: hold five years and pay zero capital gains (32:00) You need close to $1M in profit to attract a good buyer (33:00) You can have a liquidation event without selling the business (34:00) My deal was $16M at a 5X multiple, and we only got 60% upfront (35:00) What I would do differently: take the cash and keep the business (36:00) Why entrepreneurs get defensive at $1M in profit (37:00) The target, the math, and the plan in one recap (39:00) Two ways I can help, starting with the next boot camp DISCLAIMER: The information contained on this Podcast Channel and the resources available for download/viewing through this Podcast Channel are for educational and informational purposes only.

    42min
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  3. Number 3: I Gave Her a 90-Day Plan to Double Her Business

    Our playbook to $100,000 a month is free, and it's where the 90-day plan in this podcast comes from: ► The $100K Playbook: https://capitalism.com/100K Dr. Megan Jolley Milne is a pharmacist, and her company Nutranize does $20,000-$27,000 a month almost entirely off one YouTube channel. She's in a tiny space with a skeptical market and she can't run ads because of medical claims, so when she flew into our in-person mastermind I sat down with her and built a 90-day plan to double the business. I didn't give her a single new thing to do. I took things away. And you can run the same subtraction on yours. Resources mentioned in the podcast: ► The $100K Playbook: https://capitalism.com/100K ► Bootcamp waitlist: https://capitalism.com/bootcamp (0:00) A business that should be doing a million, stuck in the low six figures (1:15) Everything runs on one YouTube channel, and she's stuck on what comes next (2:14) What she sells: a supplement for the side effects of prednisone, $104.99 a month (3:03) The numbers: $20,000-$27,000 a month, and what made May different (4:01) What I caught at breakfast: the traffic goes everywhere (4:35) The inventory: Amazon, a sales page, a checklist, a taper chart, a quiz (5:16) Thousands of leads and zero buyers (6:03) The queen bee activity, and why it decides what you work on (7:08) Leakage, and why scattering a little energy waters nothing (9:27) Her magnum opus, and the phone calls it produced (11:01) Make the thing that already converts your only lead magnet (12:04) One promise up front, everything else stacked behind it (14:10) "That feels relieving. I just need to do one thing." (14:33) A separate follow-up series for every lead magnet is exhausting (15:59) The prescription: one opt-in, and commit to it (16:55) The lead magnet you have beats the one that doesn't exist (17:27) Put a discount in the P.S. of every email (19:49) I don't consider content a call to action (20:33) 4 offers at checkout, and the 1 upsell worth adding (23:20) Why she doesn't have to touch ads in a regulated space (24:01) Why 90 days and not 5 years (25:48) The million-dollar move: out of a niche of all niches (26:23) Nutrient depletion is the brand, prednisone is just the first drug (28:05) A new drug is a new person, and a new funnel (29:42) 80% of my job is telling people what not to do (30:49) No permission to launch a 2nd product for 90 days (31:45) Her last worry: what if they never watch the video (33:01) The Facebook group with 5,000 members she forgot she had (34:35) Now the email list and the group promote each other (36:03) "I just got my money's worth" (36:19) What I didn't do: I took things away DISCLAIMER: The information contained on this podcast Channel and the resources available for download/viewing through this podcast Channel are for educational and informational purposes only.

    38min
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  4. Number 4: This Weird Niche Makes Them $7 Million/Year

    My guests fly in from Spain and go home with one idea. You don't need the flight. I run a live workshop where I teach one idea you can put into your business over the next 30 to 90 days: ► Workshop waitlist: https://capitalism.com/bootcamp Juan Ramón and Carlos found my podcast in 2020, ran the playbook, and it still took them three full years to make their first million dollars. Then they tripled in a single year, and when I asked what changed, they told me they did less: they cut 80% of their products. They sell a $1,000 car screen out of Spain at 40% margins, they do about $500K a month, and most of this conversation is about how much they had to take away to get there. Resources mentioned in the episode: ► Workshop waitlist: https://capitalism.com/bootcamp ► The $100K Playbook: https://capitalism.com/100K ► Merge Screens: https://mergescreens.com (0:00) A business selling $1,000 car screens at $500K a month (1:29) Five years old, $7M in the last 12 months (2:06) The night they crossed their first million (2:46) They found the podcast in 2020, and the business that never hit $10K a month (4:49) What they actually sell: pull the old radio, drop in a Tesla-style screen (5:20) Why they chased a $1,000 product instead of a $10 one, and the margin on it (6:52) "This has not been an overnight success." 7 years to 10,000 orders (7:46) A year and a half losing money, then a year and a half at break even (8:17) How they get customers without ever touching Amazon (9:02) "I do not feel successful." What $7 million a year actually feels like (10:40) Treating the whole thing as a game, and whether they think about an exit yet (12:36) The 10 days they lost 30% of their revenue (13:18) "Just pure anxiety." The fear of failing himself (14:06) What broke: a Google account, a disconnected Meta pixel, both algorithms (15:39) The two roles, and how they split the company between them (16:42) "We are a service company that sells products" (17:27) Rocket fuel: the one with the ideas and the one who keeps it from breaking (18:37) The roles were an accident. He got blocked from Facebook. (20:33) Six models of car, three screens each, and two manufacturers (21:41) What changed the year they tripled: they did less (23:25) Why removing products is what unlocks growth under seven figures (24:45) The two outbreaks: closing one store, then cutting to six products (26:04) Five hours a week on six products instead of one hour on thirty (26:39) Alex Becker on the 1% better ideas, and needing the space to have them (27:48) The first hire that finally gave him time to think (28:15) From two people and a part-time VA to nine employees (29:12) The first marketing hire was SEO, and why that was a mistake (30:57) Learning by doing, and what a partner who has your back makes possible (32:10) "The relationship comes first," agreed before they made a single sale (34:00) The pressure of entrepreneurship that nobody outside it understands (36:19) Why they fly in from Spain for a single idea (39:15) Set the outcome, not the process, and let the team figure out how (40:40) A million dollars a month, and what would have to be true to get there (43:26) What actually took them from zero to $7M a year DISCLAIMER: The information contained on this Podcast Channel and the resources available for download/viewing through this Podcast Channel are for educational and informational purposes only.

    45min
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  5. Number 5: How SmartSweets Went From $0 to $360M in 4 Years: Case Study

    I help entrepreneurs create their idea, launch, get to the first seven figures, and then prepare for a life-changing exit. The playbook we use to do it is free: ► Get the free playbook: https://capitalism.com/100K Tara Bosch started SmartSweets in her kitchen at 21 with no capital, no experience and no connections in candy, and 4 years later she sold a majority stake for $360 million. I sat down with Tara more than once, so what you get here is the sequence rather than the headline: a giant market changed in one way, a few hundred customers who acted like they worked there, a premium price in a category that competes on price, inventory funded with debt instead of equity, and a hiring order that held as the company grew. It is the same pattern behind Dr. Squatch, Dollar Shave Club and Gruns, and it compresses the timeline more than anything else I know of. Resources mentioned in the episode: ► The $100K Playbook: https://capitalism.com/100K (0:00) A first-time founder, 4 years, and a $360 million deal in the candy aisle (0:40) No capital, no experience, no connections in candy (2:00) What we actually know about the deal, and what never gets disclosed (3:00) Lesson 1: walk into a giant market and change one thing about it (4:10) The one thing Mars and Hershey still cannot copy (5:00) Why better-for-you keeps working as the one thing you change (6:12) Lesson 2: the Champion Program, and the first 500 people (7:00) The back road into a market you cannot outspend (8:00) Lesson 3: $24 for a box of 8, against Sour Patch Kids at a sixth the price (9:00) A $65 bag of Gruns against $8 Flintstones, and why the premium holds (10:04) Tara on seeing the company years before it existed (12:00) Inventory is where a physical product business eats its cash (13:20) Treating the banks like investors, and a $14M line of credit (15:03) Hiring for the things she was bad at, in the order she did it (16:37) Candy is an impulse buy, so the sales channel was already decided (17:00) Local shelves first, then the national accounts (19:00) Your excuses, and the ones she had available and did not use (20:00) The 5 things SmartSweets did well, in order DISCLAIMER: The information contained on this Podcast Channel and the resources available for download/viewing through this Podcast Channel are for educational and informational purposes only.

    22min
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