Capitalism.com with Ryan Daniel Moran
How I'm Building $10M E-Commerce Brands in 2024
Jun 3, 2024
Learn the 3 steps to reach $10M in e-commerce, criteria for investment, building a brand, audience engagement, and collaborating with entrepreneurs. Dive into strategies for successful growth, embracing collaborative capitalism, and unlocking revenue potential through partnerships.
30:51
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Quick takeaways
- Entrepreneurs need to envision themselves as the 10.0 version to set ambitious business goals for exponential growth.
- Investment in brands requires significant revenue, profitability, a large audience, and unique, customer-loved products.
Deep dives
Shifting Mindset to Achieve Higher Goals
Reflecting on advice from Dan Martell, the speaker emphasizes the importance of envisioning oneself as the 10.0 version, leading to setting vastly different and ambitious business goals. This mindset shift prompted a goal to build a hundred million dollar investment fund in e-commerce. To achieve this, restructuring deals and preparing the community for scalability were identified as key steps.
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