276°
Posted 20 hours ago

12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur

£9.9£99Clearance
ZTS2023's avatar
Shared by
ZTS2023
Joined in 2023
82
63

About this deal

Through his training sessions at Capitalism.com, Ryan Daniel Moran has helped new and experienced entrepreneurs launch scalable and sustainable online businesses. He’s seen more than 100 entrepreneurs cross the seven-figure barrier, many of whom go on to sell their businesses. Through his training sessions at Capitalism.com, Ryan Daniel Moran has helped new and experienced entrepreneurs launch scalable and sustainable online businesses. He's seen more than 100 entrepreneurs cross the seven-figure barrier, many of whom go on to sell their businesses. c. stage three : The Gold (Months nine to twelve); only launch products that are multipliers, advertise via influencers and audiences, make relationships not transactions, pay yourself, take strategic risks

On the other hand, a successful business reaching consistent sales might signal the opportune time to consider an exit strategy: acquisition. This significant transition must be navigated with caution, ensuring long-term goals align with the decision to sell. It's crucial to find the right buyer who’ll continue to nurture and grow your business successfully. Does not require great prior knowledge if you are willing to learn, make decisions, and take action. Paul's story underscores the power of a customer-centric approach. His success was not due to a flurry of new product releases but came from understanding his customers, innovating to meet their needs, and strategically launching new products that built upon the success of the original. It's an example of how concentrated focus on the customer journey and an innovative mindset can propel rapid business expansion.

Become a Member

The author does provide a sequence of steps to follow, or stages in the plan. They are a bit vague, but this isn't that big a book. The Growth (Months 5 - 8): Once you're in business, you will discover how to use cheap and effective advertising strategies to get your product to at least 25 sales per day, so you can prove you have a profitable business. In essence, scaling is about strategic growth – reaching more customers, increasing revenue, and boosting profitability, all while preserving what makes your business unique. As exemplified by Jeremiah's story, with the right approach, scaling can drive a business well beyond the million-dollar milestone.

La propuesta viene de la experiencia de Ryan y aunque tiene una orientación y muchos ejemplos hacia los productos físicos, puede aplicar a servicios y bienes digitales aplicando los mismos conceptos. Well, it turns out the key lies in identifying a product or service you're passionate about selling and understanding the process to effectively bring it to market. To illustrate this, let’s start off with a real-life success story – that of Suzy Batiz, the living embodiment of grit and perseverance. Suzy always dreamt of being an entrepreneur, but her journey was far from smooth. Bankruptcies and failures were her constant companions. But they didn’t deter her. Instead, she dared to solve an everyday problem — unpleasant bathroom odors. This insight led to the creation of CozyPhones, a line of comfortable, wearable headphones designed with these underserved markets in mind. But Paul didn't rest on the laurels of this initial success – he recognized that to truly serve his customers and scale his business, he would need to innovate further. For many of us, building a million-dollar business seems like an unreachable dream. But this is a notion that needs to be challenged – with enough determination and commitment, it is indeed possible. But how can you go about doing so? How can you traverse the entrepreneurial landscape?

Success!

At the same time, he carefully managed costs tied to production, marketing, and overheads, ensuring that the increase in revenue outpaced the rising costs, leading to higher profitability. If you’ve made it this far in your journey, you might be approaching the elusive million-dollar mark. If so, well done – you've mastered the art of product development, tapped into the pulse of your customer base, and expanded your business into a multi-product brand. But now you're perched at this pivotal crossroads, the path diverges into two distinct routes: scaling your business to greater heights or preparing for acquisition. Take Jeremiah Klingman, the founder of Tribe Fitness. When his company reached a stable revenue stream, he faced a critical choice: keep operations at their current level or pursue expansion. Jeremiah opted for scaling.

Asda Great Deal

Free UK shipping. 15 day free returns.
Community Updates
*So you can easily identify outgoing links on our site, we've marked them with an "*" symbol. Links on our site are monetised, but this never affects which deals get posted. Find more info in our FAQs and About Us page.
New Comment