Capitalism.com with Ryan Daniel Moran cover image

There Is No Excuse For You Not To Be Rich

Capitalism.com with Ryan Daniel Moran

00:00

What Are the Profit Margins on That?

Ryan: If you were to take $5,000 a month and invest in the S&P 500, guess what? You're a millionaire in 10 years. But Ryan, you wrote a book called 12 months to 1 million. Yes, if you go all in on a business, you get a million dollar business,. Now, what are the profit margins on that, Ryan? Well, that's a really good question because if you built a million dollarbusiness that sold four products at 25 sales a day at a $30 price point and you made no money, you had a 0% profit margin. That is like the side product of side projects.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app