Capitalism.com with Ryan Daniel Moran From Bankrupt to $100k/Mo In 6 Months: How I'm Rebuilding My Old Business
Dec 9, 2024
The host shares their remarkable journey of reviving a bankrupt brand to reach $100,000 in monthly sales. They discuss the essential strategies for rebuilding resilience and revitalizing customer engagement. Key insights include the power of effective product launches and maintaining strong audience relationships. The challenges of mismanagement and emotional setbacks are also highlighted. The speaker emphasizes focusing on a narrow product range and the significance of patience for sustainable success.
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Sheer Strength Labs' Journey
- Ryan Daniel Moran's company, Sheer Strength Labs, was sold for $16 million, went bankrupt, and was bought back.
- It now generates over $100,000 in monthly sales again.
Focus on One Product
- Focus on one product and aim for 25 sales per day.
- Four products with 25 daily sales each can lead to a million-dollar business.
Patent Claim Setback
- Focusing on one high-quality product increased sales to $50,000/month.
- A patent claim temporarily disrupted sales on Amazon.
