Capitalism.com with Ryan Daniel Moran

How To Get To $1 Million With Zero Employees


Listen Later

Full show notes at https://freedomfastlane.com/

Making millions without a big team seems, at first blush, rather daunting. How is it possible to make that happen?

As Elaine Pofeldt has found, it's more common than you think. In fact, you can do it without hiring a single employee.

Before embarking on something like this, you need to make sure you start with your desired lifestyle in mind. A business is a means to an end. If you make the business itself your reason for being alive, you expose yourself to substantial psychological risk down the road (such as if you discover you hate the work or find yourself reflecting on missed opportunities to do other enjoyable things).

Then look to entering a field of commerce that interests you. You'll find yourself enjoying the work that much more.

Let's say you like traveling and enjoy writing. You could build up a business as a marketing consultant, traveling around the world, with your "office" being any computer with Internet access. Now you know what the "seeds" are for your zero-employee business.

Once you've planted the seeds, you can scale up more easily than ever before, as you can reach a global market through the Internet. You don't have to do it alone, though. It's easier than ever to find non-employee help, harnessing online freelancer marketplaces like Upwork, or, if you have a physical headquarters, hire a contractor to do some tasks while you're traveling.

Your business does not need a complex human resources system to be successful. You can keep it small while scaling to big profits!

Key takeaways:
  • You don't need employees to reach a million dollars
  • There is less friction than ever before in building a business
  • Why your next business is immensely valuable to society
Connect with Elaine

Find out more about Elaine at http://elainepofeldt.com/

On Linkedin On Twitter

Connect with Ryan

On YouTube On Facebook On Twitter On Google Plus On LinkedIn On Instagram

Subscribe to Freedom Fast Lane

-->Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran<--

...more
View all episodesView all episodes
Download on the App Store

Capitalism.com with Ryan Daniel MoranBy Capitalism.com

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

726 ratings


More shows like Capitalism.com with Ryan Daniel Moran

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,444 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,830 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,573 Listeners

Shopify Masters by Shopify

Shopify Masters

379 Listeners

Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,825 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,263 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

574 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,455 Listeners

The Russell Brunson Show by Russell Brunson | YAP Media

The Russell Brunson Show

929 Listeners

My First Million by Hubspot Media

My First Million

2,647 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,130 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

203 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

940 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

249 Listeners

BigDeal by Codie Sanchez

BigDeal

918 Listeners