Capitalism.com with Ryan Daniel Moran

Build A $1M Business With An Audience Of 100 People

Jul 8, 2024

Learn how to build a $1M business with just 100 loyal customers by focusing on audience communication over product sales. Hear real-life examples and strategies for success, including niche marketing, relationship building, and building a core group of dedicated supporters.

42:19

Creator website

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Start with an ideal audience of 100 people to build a $1M business.

Prioritize connecting with a small loyal group of followers for business success.

Deep dives

Starting with a Specific Audience for Business Success

The podcast emphasizes the importance of starting a business by focusing on a specific audience rather than solely on products. By connecting with individuals interested in purchasing your goods, it becomes easier to generate sales and build a successful venture. Examples from the podcast highlight how businesses that prioritize their target audience can achieve significant revenue growth.

Intro

2min

Strategies for Building a Million-Dollar Business and Marketing Success

3min

Building Relationships Before Transactions

13min

Building a Loyal Audience Before Product Launch

3min

Niche Marketing Strategy for Business Growth

7min

Building a Core Group of 100 Dedicated Supporters for Brand Success

12min

Success Story and Testimonial from a Capitalism.com Community Member

3min

You always want to start with an ideal person who you are selling to when it comes to building a brand, but how many of those people do you actually need to build a million dollar business?

It may surprise you to learn that you only need to start with an audience as small as 100 people. I’ve seen this in action multiple times, I’ve done this with my own businesses, and the brands in the Capitalism portfolio start with this core thesis.

It can be really hard to sell a product but it is really easy to talk to people. In this podcast I break down how you can build a massive business by communicating with a small, loyal group of followers.

From here it becomes very logical and natural to get 100 people on your email list, grow to 100 sales/day, and eventually cross the million dollar mark.

Head to https://capitalism.com/playbook to see how we grow and scale brands to the million dollar mark and beyond.

Scale to the $1M/year mark and beyond in the Capitalism Incubator at https://capitalism.com/inc

Connect with me on Instagram at https://instagram.com/ryandanielmoran

If you want to join us in San Diego July 21-24, shoot me an email at join@capitalism.com

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

Capitalism.com with Ryan Daniel Moran

Build A $1M Business With An Audience Of 100 People

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Starting with a Specific Audience for Business Success

Creating Personalized Marketing Campaigns

Building Authentic Relationships with Customers

Importance of Caring First and Building a Responsive Audience

Remember Everything You Learn from Podcasts