Capitalism.com with Ryan Daniel Moran How To Start: The First 5 Steps To A $1M E-Commerce Brand
May 6, 2024
Learn how to start a $1M e-commerce brand in just 48 hours by following 5 simple steps: pick your person, find your products, do your research, build your list, and create content to grow your list. The podcast focuses on actionable steps, niche market selection, creating a brand for target customers, building an audience for product launch, and pre-launch strategies for e-commerce success.
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Millionaire Slow Lane
- Invest $500 monthly in long-term stock market investments like the S&P 500.
- This "slow lane" to becoming a millionaire removes pressure and allows for calmer business building.
Pick Your Person
- Pick a target audience by selecting a large market and then a smaller subgroup within it.
- Alternatively, choose someone you know, or even yourself, and their identifiers (e.g., dad, CrossFitter, teacher).
Four Existing Products
- List four products your target person already buys.
- This helps validate your market choice and generate product ideas.