Capitalism.com with Ryan Daniel Moran

Every business that is successful needs clear ways to scale (get larger). But you can’t do that very well without building systems to support the regular activities that make the business run. On this episode of Freedom Fast Lane, Ryan chats with three members of the Freedom Fast Lane Tribe who are rocking 6 figure businesses. They have specific questions about the steps they need to take in order to take their businesses to the next level and you guessed it, building systems applies in some cases.

You don’t have to make decisions about the future direction of your business until you are there.

Amanda is an FFL tribe member who has built a $100K revenue business in just 6 months. She’s realized as she has seen the business grow that what she really wants to do is create a service around the niche where she’s selling products, so she’s hopeful she can leverage the product sales toward that end. Ryan asked a few penetrating questions about that and challenged Amanda to stick with the business side of things until she’s able to quit her full-time job. She can make the decisions about the future direction when that happens. You’ll enjoy hearing these case studies featuring real Freedom Fast Lane Tribe members, on this episode.

Is it possible to rebuild a set of reviews when Amazon changes kill yours?

One of the Freedom Fast Lane Tribe members featured on this episode was using review groups to fuel his product reviews on Amazon - then Amazon changed the rules, disallowing reviews from those groups. He went from over 300 reviews to just over 30 and his product rating has dropped as well. He’s curious what he needs to do to recover from the drop and whether or not it’s even possible. Ryan tells him a few things he can do to get things rolling again and also provides some insight into what he can do to scale the business even more, on this episode.

The good people aren’t looking for a job, so you have to sell your position on culture and fit.

When it comes to building systems and scaling his businesses, Ryan hates doing it. By his own admission, he’s not good at it and doesn’t like it. Nevertheless, as the business gets larger systems are what hold everything together and make things efficient (and cost-effective). What does he do? He hires people - project managers - to build the systems and teams that will run things for him. But he says that he’s never had success posting want ads and taking applicants. He’s found the best success pursuing people who aren’t really looking for jobs. On this episode he tells you how you can do it, so be sure you listen.

Outline Of This Great Episode

  • [0:41] Looking at Tribe member businesses to learn what we can about systems and scaling.
  • [1:34] Case study 1: Amanda’s business and the products she’s selling on Amazon - $100K in revenue in 6 months.
  • [5:29] Case study 2: The experience of losing a solid set of product reviews through Amazon changes.
  • [10:28] Case study 3: Where do you find good people to help you with building systems.

Resources Mentioned On This Episode

 

Connect With Freedom Fast Lane

Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram

Subscribe to Freedom Fast Lane

P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!

Direct download: FFL-systems-and-scaling.mp3
Category:general -- posted at: 6:00am EST

If you’ve been listening to Freedom Fast Lane for any length of time you’ve heard Ryan talk about the multiple businesses he’s a part of, as well as his personal investments and causes he’s contributing to. Sometimes it sounds like so much it boggles the mind. How does he do it all? On this episode, he’s going to tell you exactly how it’s all structured and how everything gets done. A hint: He doesn’t do it all himself. Find out the details on this episode.

Capitalism and the freedom it creates are what Ryan believes will solve the world’s problems.

One of the reasons Ryan purchased the domain for Capitalism.com is that he believes that capitalism is the main way people are able to create the freedom they need in order to live happy lives and solve problems the world is experiencing. He wants to use the Capitalism website to champion that cause. A recent trip to Eastern Europe proved to him that those who are not as blessed as those of us in the United States understand the power of capitalism. The young entrepreneurs he met there were an inspiration to him and fueled his fire to get a capitalism movement going to an even greater degree. You can hear him tell the story of meeting these inspiring people on his episode.

What Ryan is doing with the success that’s come from his multiple businesses.

Financial success that comes through a profitable business is not something that simply fuels a selfish lifestyle. Or at least, it doesn't have to be. On this episode of Freedom Fast Lane, you'll hear how Ryan's success has set him up to promote and champion causes that he believes can change the world. It's all happening because of the success he has experienced through his physical products businesses. You won't want to miss this, it could be the motivation you've been looking for.

Don’t shy away from talking about your brand openly and boldly.

In the physical products and Amazon private label space it is common for entrepreneurs to be guarded about the actual products and brands they are building. The fear is that someone may steal their idea or become a competitor that they don't want. Yes, someone may take a page from your book if you share about your business openly but the benefits you receive from being loud and proud about your brand will far outweigh the risks. Find out how Ryan has seen the impact on his business and those of tribe members, on this episode.

If you haven’t started a physical products brand yet, it’s time for you to get started. Here’s how.

Are you ready to start your own physical products brand? Sure, there are difficulties along the way but you don't have to do it all on your own. You can learn from experienced brand builders and private label sellers who have developed systems and processes to get you up and running in 90 days or less. You can do it by getting into the Freedom Fast Lane Brand Builder’s Bootcamp - a 90-day incubator to help you launch a profitable brand. Find out how on this episode.

Outline Of This Great Episode

  • [0:24] Ryan’s introduction to this episode about running multiple businesses.
  • [1:29] June 5, 2013 - the first sale on Amazon.
  • [2:56] Why capitalism and the freedom it gives will solve the world’s problems.
  • [4:39] The way the businesses are structured currently.
  • [8:42] The vision for Capitalism.com and how Ryan will know he has reached it.
  • [11:46] The beauty of the overall strategy and how it helps you.
  • [14:38] Why Ryan isn’t shy to talk about the details of the businesses he runs.
  • [22:00] How you can get into the next brand builder bootcamp.

Action Steps From This Episode

FOR GETTING STARTED: If you have yet to start your own physical products business it’s time to get going. You can get into the Freedom Fast Lane Brand Builder’s Bootcamp - a 90 day incubator to help you launch a profitable brand. Find out how on this episode.

FOR GREATER SUCCESS: Don’t shy away from talking about your brand. Yes, someone may take a page from your book if you do but the benefits you receive from being loud and proud about your brand is going to far outweigh the risks. Find out how Ryan has seen the impact on his business and those of tribe members, on this episode.

Resources Mentioned On This Episode

Connect With Freedom Fast Lane

Website: www.FreedomFastLane.com 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


P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!

Direct download: FFL-Multiple-businesses.mp3
Category:general -- posted at: 6:00am EST

Direct download: capannouncement.mp3
Category:general -- posted at: 6:00am EST

In reflecting on the recent deaths of some high profile entertainers, Ryan has become mindful of the reality that what’s going on behind the scenes in any person’s life is not always what we assume is happening. In this episode, Ryan expresses his concern for you - that you learn how to handle the mental noise and wrong thinking that can cause you to live an unsatisfying life. He’s got a handful of thoughts and practical tools for you to use - so that your success doesn’t become a bane to your life, on this episode.

We assume there will be more fulfillment after a certain level of success is attained.

All of us have a certain degree of mental noise - and by “noise” we mean that all of us have lies or half-truths that bang around in our heads. Assumptions about things, people, other events push us to a place of comparison that is hardly ever helpful. It’s important to learn how to silence the mental noise, or at least how to turn down the volume so that you can live according to who you really are and what is true of you. Find out how Ryan looks at this issue by listening to this episode of Freedom Fast Lane.

It’s important for high achievers to pause and catch the mental noise that’s going on.

If you are a person who is a high achiever you are in danger of being damaged by your own mental noise. Your tendency to look at the successes of others and make assumptions about their level of fulfillment can kill you - literally. As Ryan contemplates the news of some recent suicides he’s come to the conclusion that much of the problem when it comes to fulfillment is that we depend too much on resources outside of ourselves. Ryan explains it well so be sure you listen.

We tend to notice the gaps in our lives and fail to notice the progress.

One of Ryan’s mentors - Dan Sullivan - often points out that we as human beings tend to notice the things in our own lives that we believe are lacking. He calls those areas “the gaps.” Rather than minding the gaps, Dan believes we need to learn to look at the progress that characterizes our lives over time. Instead of looking at where we haven’t arrived yet, we need to look at where we have come so far. Ryan has some additional thoughts about his mentor’s insight, on this episode.

Your future has to be bigger than your past. If not, create a more compelling future.

All of us have experienced pain. All of us have scars from the journey of life. But when we allow those scars to define our future, or define us - we have a serious problem on our hands. On this episode, Ryan talks about the tendency we have as human beings to view our past as a monstrous, insurmountable thing. And he points out that if we feel that our past looms larger than our future, then we need to create a more compelling future for ourselves that will enable us to overcome our past. If that’s confusing to you, take the time to listen to this episode. You’ll find that Ryan explains it in a very simple way.

Outline Of This Great Episode

  • [0:24] Reflecting on the deaths of singers & the issue of what’s happening behind the scenes.
  • [3:20] Why success doesn’t change the way we feel about ourselves.
  • [5:43] Useful tools from Dan Sullivan.
  • [11:36] Ryan’s blog post about Chester Bennington’s death.
  • [19:38] What Ryan believes about the meaning of life.

Resources Mentioned On This Episode

Connect With Freedom Fast Lane

Website: www.FreedomFastLane.com 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


P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!

Direct download: FFL-Pain-and-Fulfillment.mp3
Category:general -- posted at: 12:00pm EST

You may have noticed in the past months that Ryan has not published his income reports with the same regularity that he has in the past. What’s up with that? It was intentional - there were business decisions and changes going on behind the scenes that Ryan didn’t feel entirely good about sharing, and he also didn’t feel it would have been ethical to share profit figures from a business that he was beginning to move out of - yes, by now he’s sold one of his primary physical product businesses. Ryan shares the details on this episode of Freedom Fast Lane.

Some of you who sell on Amazon don’t realize what you’re sitting on.

As Ryan has walked through the journey of selling his primary physical products business - Sheer Strength - he’s been able to rub shoulders with individuals who have a greater degree of experience in big business than he has, and he’s learned something important from them: the ability to build a wide and deep company on a base like Amazon has been nothing but an advantage. It makes sense when you take the time to think about it. With the continued growth of Amazon, large companies and investors want a piece of the pie, and companies like Sheer Strength - and like yours - may be the exact thing those people are looking to invest in or purchase. Find out about the opportunities on the horizon for successful Amazon brands, on this episode.

If you’re building a brand on Amazon, don’t neglect “off Amazon” marketing.

As negotiations commenced for the sale of the Sheer Strength brand Ryan noticed that many of the things he and his partner had done to build the business were seen as assets by those interested in purchasing the company. Successful Facebook Advertising campaigns, retail sales, social media presence and popularity - all of those were strong points in the buyer’s consideration because they demonstrated not only what the company had been able to do, but what was already in place to help them move the business to the next level. So if you’re selling on Amazon, don’t forget about those “off Amazon” channels for marketing and sales. It’s not only going to bring in more profit, it may set you up for great opportunities down the road.

Building a media empire to build businesses, swing elections, and launch companies.

In Ryan’s words, one of the things that gets him jizzer-jazzered up these days is that he’s now got the freedom to build a media empire that can do big things in the world. He is able to invest in companies and causes he cares about. He’s able to lean on his influence to impact the outcome of elections and energize social movements. He’s able to make changes in the world directly because of the wealth he’s been able to amass. If you’d like to know more of what Ryan sees ahead for the future of Freedom Fast Lane and Capitalism.com, you need to hear this episode.

Quality businesses from the Tribe deserve to be invested in.

One of the most exciting things for Ryan is the prospect of investing in the businesses of people he’s had a hand mentoring. It’s exciting to think that some of the next big name brands and world-changing companies could have been birthed in the Freedom Fast Lane community. Ryan talks about his enthusiasm at the possibility of supporting Tribe member businesses in the future as he wraps up this episode. You won’t want to miss out on this one.

Outline Of This Great Episode

  • [0:22] Ryan’s intro to this episode, recorded from his vacation spot.
  • [1:18] About 6 months ago Ryan sold a portion of one of his physical products businesses.
  • [6:04] Why Ryan and his partner felt it was time to do something different with their business.
  • [12:32] Why you have an opportunity like no other.
  • [15:10] The power and importance of doing “off Amazon” marketing.
  • [19:30] What Ryan is excited about being out of the day to day operations.
  • [23:50] Plans for the profits: Nothing for the first 6 to 12 months.
  • [27:16] The option of investing in Tribe Member businesses.
  • [31:10] Why Ryan stepped out of Capitalism.com and how it’s changing the company.

Resources Mentioned On This Episode

Connect With Freedom Fast Lane

Website: www.FreedomFastLane.com 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

P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!

Direct download: FFL-I-sold-my-business.mp3
Category:general -- posted at: 7:12pm EST

It’s trendy and cool to be an entrepreneur these days. More and more ads for some course or "make money online" thing are showing up on Facebook every day. But when it devolves into a competition to see who can outdo who in marketing or building a following, we’ve missed something vital along the way. On this episode, Ryan talks from the heart about the terrible problem that’s happening in the internet marketing space and poses a very simple solution: solve problems and make a difference.

The only way you’ll ever become the high-level entrepreneur you want to be.

If you want that “B” next to your name (Billionaire) or if you want to build a monstrous company, the only way you’re going to do it is by solving real problems that exist in the world. You’ve got to keep that straight. If you don’t, you’ll wind up miserable and unhappy even though you have money in the bank and continue to make sales. Ryan has seen it happen over and over in the entrepreneurial community and he wants to see that trajectory change. You can hear Ryan’s passionate rant about what internet marketing has become and where he thinks it should go instead, on this episode of Freedom Fast Lane.

Stay on course from the start and you’ll be better off. And so will we.

Realize from the beginning that your business is not about making the most money or getting the biggest following. You need to keep centered on the reason you’re in business in the first place: to make a difference in the lives of real people for the benefit of the world. Solving problems is the way entrepreneurs make a difference, it’s the way we have the greatest impact in the world. And the fringe benefit is that we get to profit from it - but only because we are helping other people.

Is it really possible to create a million dollar business that changes the world?

At the end of this podcast episode, Ryan talks with a graduate of the Freedom Fast Lane training who tells about the impact his business has had in just 12 months. It’s not something he even dreamed was possible when he started. He tells how following Ryan’s 3 step formula for creating a product-based business has fueled his company’s fast growth and is enabling him to make a difference in the world he’s always wanted to make. Hear this inspiring story on this episode.

Outline Of This Great Episode

  • [0:29] Ryan’s introduction to the motives behind internet marketing.
  • [2:44] Let’s get past the “outdo the next guy” contest in marketing, can we?
  • [7:03] An example of the difference that can be made by entrepreneurs.

Action Steps From This Episode

FOR GETTING STARTED: Realize from the beginning that your business is not about making the most money or getting the biggest following. You need to keep centered on the reason you’re going into business in the first place: making a difference in the lives of real people for the benefit of the world.

Resources Mentioned On This Episode

Connect With Freedom Fast Lane

Website: www.FreedomFastLane.com 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


P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!

Direct download: FFL-Entrepreneurs-Impact.mp3
Category:general -- posted at: 6:00am EST

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