Capitalism.com with Ryan Daniel Moran

How long can we go before the next recession? Most entrepreneurs are holding on to their money or, worse yet, putting them into assets that will eat away at their wealth. Sam Prentice is the capital warehouse expert I turn to deploy my own money in a way that will take advantage of the market upside without participating in the downsides. In this interview we talk about best investing practices, what asset classes might be right for you, and how you can multiply your wealth in any market. For more information about Sam Prentice visit www.WealthWarehouse.com

Acquiring a business can help you bypass the time spent on building a business from scratch.

But what happens when you acquire business which hasn't been reaching its full potential? How do you change it into something which makes you money without you needing to spend all of your time on it?

Shakil Prasla buys online companies for as little money as possible, sits in the owner's seat, and delegates systems and processes to a manager. This has allowed him to purchase eight different online businesses, all of which he has turned into profitable enterprises which makes him money while he has little involvement.

In this episode of The One Percent (one of Ryan's most downloaded Freedom Fast Lane episodes) Shakil explains how his business model works, how he acquires new companies, and the process he takes to make his income passive.

Key takeaways: - How to pick profitable products for a long-term investment - Finding good people for a successful online business - Spotting growth potential in companies you're interested in acquiring

The best audience to sell to is one you are a part of.

Being part of a community you truly understand the pain points, the challenges that come up, and where people want to go in that niche.

So when Jake Rhodes started making products for crossfitters he started to gain some traction.

But it wasn't until he learned how to create relationships with influencers and athletes that his business truly shot through the roof.

Should you invest in real estate, stocks, other businesses... cryptocurrency?

In 2019 we are looking at an unpredictable market.

Some say it could collapse any day.

Fellow entrepreneurs Mike Dillard and Jason Hartman are not so pessimistic.

But with the uncertainty of the economy I wanted to pick their brains about where they are investing their hard-earned money.

I have some of my own opinions as well.

If you've gotten value out of The One Percent podcast please leave us a review and subscribe to make sure you never miss an episode.

Not long ago Roxelle Cho was making products in her garage.

After she gained the loyalty and support of a growing customer base through Facebook Live, Instagram, and emails she had to scale quickly.

Fused Hawaii is a handmade swimwear brand that empowers women to live comfortably in the skin that they're in.

In this episode Roxelle shares how she has created a community of superfans who want to buy from the company again and again while spreading their message and telling their friends.

Brooke Castillo inspires me as an entrepreneur. She is the founder of The Life Coach School, a massive empire that trains and certifies life coaches. She really likes money and her results speak for themselves. She has built a thriving 8-figure business while just a few years ago it was generating only 300k annually. She has done all this while working only... THREE DAYS PER WEEK. I thoroughly enjoyed this conversation and I think you will as well if you like money, if you like smart people, and if you'd like to have more free time I think you'll get a lot out of it. Listen to more from Brooke Castillo on her podcast "The Life Coach School Podcast"

We see a lot of physical product sellers who are really settling for low profit margins and who are really in the weeds of their business, particularly when it comes to navigating the challenges of Amazon.com

So we had Jeff Lieber on the podcast who works with Amazon sellers to free up their capacity as entrepreneurs and help them quickly scale.

Jeff Lieber is the founder of Turnkey Product Management, a company dedicated to helping clients automate their sales growth.