Capitalism.com with Ryan Daniel Moran

Capitalism.com
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Jul 17, 2017 • 46min

How Rich People Generate “Mailbox Money” with Mauricio Rauld

When Ryan first met Mauricio Rauld it was in the context of purchasing an ownership interest in his favorite baseball team, the Cleveland Indians. In the end, the Indians did not get purchased by a syndicate like Ryan was hoping, but Ryan made the connection with Mauricio as a result and his learning curve about alternative assets took off. Mauricio is an amazing individual who is part of a team that helps people raise money to build investments in real estate and other alternative assets. You’ll be amazed at some of the returns his clients are seeing and how they are achieving those returns. You can hear it all on this episode of Freedom Fast Lane. What are alternative assets and why are they so attractive these days? Alternative assets are any kind of investment you can purchase that is not a stock - not related in any way to Wall Street. So buying gold is considered an alternative asset, as is the purchase of real estate. Mauricio Rauld believes that alternative assets are the way to go because they are less likely to be impacted by market downturns and provide a tangible asset that can be used even should a downturn be experienced. On this episode, Mauricio shares how his company is actively investing in mobile home parks and other real estate ventures to provide a great return for their investors. It’s a model more and more people are pursuing, so find out how you can as well by listening. Why Mauricio Rauld stays as far from Wall Street as possible. Wall Street, by the very nature of what it is, is tied directly to the ebbs and flows of the economic state of the country. Investing in Wall Street can be very lucrative but can also be very dangerous, especially at a time like we are currently experiencing where a downturn is likely to be on the near horizon. Mauricio Rauld says that he stays as far away from Wall Street as possible simply because he wants to have his money invested in things that won’t be impacted as dramatically by market changes. You can find out how he does that why he thinks it’s the best way to go for the foreseeable future, on this episode. The REAL story behind passive income. It’s a very attractive thought to imagine that you can have some kind of “passive” income to fuel your lifestyle. But you need to understand something: that kind of passive income is not a reality. There is always a successful business behind any income that seems to be passive. Think of it as an investment that is funded by the business. The business generates the cash to be invested and the investment does what it is meant to do - generate more cash. Mauricio Rauld explains how investing in alternative assets is one way to realize a source of cash flow that many would consider “passive,” on this episode. What ahead for this economy (2017)? As of the middle of the year, 2017 - the United States economy has been on a very long and protracted uphill climb. Statistically, it’s a longer time of growth than we’ve ever seen before. That fact alone leads many to believe that a downturn is coming sooner rather than later. That’s one of the reasons that Mauricio Rauld and his company are investing heavily in mobile home parks. Their belief is that every person, no matter the state of the economy, will need a place to live - and mobile home parks are among the most affordable sources of housing. That makes wise investments in mobile home parks almost recession proof. Find out more about how this kind of investment makes sense in light of a possible downturn, on this episode of Freedom Fast Lane. Outline Of This Great Episode [0:24] Ryan’s introduction of his guest, Mauricio Rauld. [6:02] Mauricio’s superpower and why he’s on the show for this episode. [7:55] How Mauricio shined a light on Ryan’s way of thinking and approach to investing. [13:55] What was it that prompted Mauricio to leave his law practice? [15:14] What are “alternative assets?” [16:45] Why mobile home parks are one of the more attractive alternative assets at the moment. [19:43] Why Mauricio is raising money for investors rather than using lenders. [24:00] Mauricio’s take on the current economic outlook (July 2017). [26:41] How Mauricio’s team enables his business to work. [28:34] How the team acquires its properties so effectively. [32:02] How investor agreements are structured in a typical situation. [37:13] How depreciation offsets income for real estate investors. Action Steps From This Episode FOR GETTING STARTED: Adjust your thinking about how “passive income” really happens. There is always some kind of successful business behind what seems to be passive. Think of it like an investment that is funded by the business. When you get that concept you’ll understand why every passive income opportunity requires a lot of work (by someone) on the front end. FOR GREATER SUCCESS: Consider adopting Mike Dillard’s philosophy. You don’t need to become an expert in the fields you want to make money from. You just need to find the people who are trustworthy experts in that area and invest in them. You’ll find your returns come more quickly and at a greater rate of return simply because your own learning curve is not the bottleneck to your wealth-building process. Connect With Today’s guest: Mauricio Rauld Mauricio on Facebook Mauricio on LinkedIn Mauricio on Twitter Resources Mentioned On This Episode www.FreedomFastLane.com/backroom - Join Mauricio and others Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!
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Jul 12, 2017 • 48min

NEW Ways To Sell Physical Products with Ezra Firestone?

This episode is aptly named: E-commerce business ideas for driving traffic and converting customers - and the guy who’s telling us what’s working and how to do it on this episode is Ezra Firestone. Ezra is a long-time, experienced e-commerce entrepreneur who has created a massive 7-figure e-commerce business for himself. He knows a thing or two about running a successful e-commerce business. During this conversation with Ryan, the two discuss the full spectrum of what it looks like to build a physical products brand and Ezra shares how he’s using Facebook Messenger, Pinterest, and email to drive traffic to his sales pages. But maybe the most important thing you'll hear is the most succinct and clear way to run an EFFECTIVE e-commerce sales funnel you can imagine. You will be sorry if you don’t listen to this conversation. Making people do something before you give them a discount is a hot e-commerce idea. One of the little gems Ezra Firestone shared during this conversation had to do with the sequence he’s using on Facebook Messenger that is building his list on the FB platform rapidly and successfully. He finds that asking prospective customers to make “micro-commitments” increases their commitment to follow through with a purchase. Ezra shares what he asks his prospective customers to do, why he thinks it works, and exactly how he sets it up in his Messenger sequence, on this episode. 90% open rates - if you use Facebook Messenger for your e-commerce sales funnel. Ezra Firestone says he used to think of his customer list only in terms of email. But he’s come to see that the people he is able to reach use all kinds of channels to communicate, interact with others, and make purchases. From Pinterest to Facebook Messenger, the e-commerce business ideas Ezra has either tried or is experimenting with are amazing - and on this episode, he shares what he’s done in those areas and the results he’s seeing. It’s nothing but good stuff - so make sure you listen. Longer form content is actually on the rise in the e-commerce world. In the past few years, there have been many people advising bloggers, podcasters, sellers, etc. to abandon long-form content. But Ezra Firestone says he’s seeing a rise in both the popularity and effectiveness of long-form content as it relates to his e-commerce business. On this episode, you’ll hear why he thinks this trend is happening and how he advises you take advantage of it to get more customers and sell more products. He doesn’t hold back, so be sure you listen. An e-commerce business idea that will increase your sales immediately. On this episode, Ezra Firestone succinctly and clearly shares an e-commerce sales funnel that works. Are you ready for it? Create a problem-solution style video that leads to a product offer page, direct from visibility source to product offer page with retargeting to people who watched “XYX” percentage of the video, and retargeting of people who visited the product offer page, and retargeting of people who made it to the shopping cart. That’s the sales funnel most people use and one of the easiest to set up. More importantly, it’s incredibly effective. Listen to this episode to find out the details. Outline Of This Great Episode [0:22] Ryan’s introduction to his e-commerce expert guest, Ezra Firestone. [4:21] A recent appearance Ryan made on national television - and TV show ideas. [11:19] The things Ezra sees working in the world of e-commerce right now. [18:10] How Ezra engages his audience using Facebook Messenger. [24:00] The top converting tools Ezra is using. [27:21] How Ezra’s team is using Pinterest to drive traffic. [33:80] How Amazon sellers can strategize to build an e-commerce business. [36:36] Who you can learn from at Ezra’s upcoming event. [42:33] Why Ezra believes you have to be a maniac to become an entrepreneur. Action Steps From This Episode FOR GREATER SUCCESS: For an e-commerce funnel that works: Create a problem-solution style video that leads to a product-offer page, direct from visibility source to product offer page with retargeting to people who watched “XYX” percentage of the video, and retargeting of people who visited the product offer page, and retargeting of people who made it to the shopping cart. That’s the sales funnel most people use and one of the easiest to set up. More importantly, it’s incredibly effective. Connect With Today’s guest: Ezra Firestone www.SmartMarketer.com On Twitter On Facebook On LinkedIn On Pinterest On Youtube On Google+ Resources Mentioned On This Episode www.SmartMarketer.com/Allstars - Get in on Ezra’s upcoming conference. ManyChat www.Segment.com Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran P.S. Tickets for this year’s Capitalism Conference (Formerly Freedom Fast Lane LIVE) are now on sale. Go get your tickets here!
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Jul 10, 2017 • 23min

How to Make More Money in Less Time

We all want to make more money. But what would it be like if you could learn how to make more money in less time? That’s something worth looking into, right? Ryan’s got a sort of a mini-rant for you on this episode about how he learned to make more money in less time - and it means being intentional about creating space in your life when you are “off” from your business pursuits. It sounds a bit counterintuitive but you should at least listen, he's got a point. It’s on this episode of Freedom Fast Lane.Take time to recharge your batteries so you actually CAN make more money. Many people feel that they can’t afford to take time off, especially once they are full-thrust into their entrepreneurial endeavors. But Ryan has noticed that those who are successful at building something big are also careful to take time off, totally away from the business. In his way of thinking it’s about giving yourself the space to rest and clear your mind so that you can be a better asset for the business when you return. Ryan says that’s how to make more money in less time. Be sure you listen. Is it important to find what you’re passionate about before you start a business? On this episode, Ryan answers a question from a listener about the role passion plays in starting a business. She’s concerned that if she’s not passionate about the thing her business does, she might wind up burning out or hating her business in the end. Ryan has a bit of a contrarian view on this issue, but it’s one you could learn a lot from - simply because it dispels some of the ridiculous dogma that’s going around these days about following your passion. Find out why you should NOT wait to discover your passion, on this episode. What should you do if you have $10K in the bank? Start a business? Invest? Something else? $10,000 is a good chunk of change to have available. If you found yourself in that place, what would you do? What’s the BEST thing to do? Ryan says there are many options and they all depend on your situation. On this episode of Freedom Fast Lane, in response to a listener question, Ryan addresses many of the possible scenarios and gives his best advice for what to do with $10K in the bank. Don’t waste your time trying to get somewhere else. Enjoy the journey. The end of this episode highlights a confession of sorts from Ryan. He tells the story of how his early days as an entrepreneur were filled with a kind of angst about reaching a certain pinnacle of success he’d created in his mind. All his focus, energy, and effort were there - while life was passing him by. He’s learned a few things from the experience - one of the biggest lessons being that you need to enjoy the journey as much as you anticipate arriving at your goal. Find out how Ryan is enjoying life these days and how he got to that place, on this episode of Freedom Fast Lane. Outline Of This Great Episode [1:22] Why Ryan became an entrepreneur: to take more time off. [3:00] Dialing it back and working less recharges the batteries and gets more done. [5:45] Is it important to be passionate about something before starting a business? [10:24] $10K in the bank - what should you do with it? [14:06] Case Study: Force Sigmatic powdered drinks [20:30] The time Ryan has wasted trying to get somewhere. Resources Mentioned On This Episode Episode with Peter Shallard FFLTV - Follow the Money, Not the Passion www.FreedomFastLane.com/Bootcamp - get into our next bootcamp Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jul 3, 2017 • 41min

How to Build Assets, Invest in Syndications, and Prepare for a Downturn, with Jonathan Twombly

 If you want to build assets like the wealthy do, you need to understand how they do it. One of the primary vehicles used is real estate, but there are many others. Jonathan Twombly is Ryan’s guest on this episode of Freedom Fast Lane and he shares some of the things he’s learned hosting the Capital Gains podcast. There are very successful people investing in everything from website flipping, to Bitcoin, to the cannabis industry. You’ll enjoy hearing the creative ways that people are building assets and building wealth as a result, on this episode. What is a real estate syndication and why is it useful? Those who have money to invest but don’t have either the inclination or the time to find and research real estate deals in which to invest their money often go to a company like Two Bridges Asset Management, the company today’s guest, Jonathan Twombly runs. Jonathan’s company specializes in finding and organizing specific types of apartment building investments and inviting investors into the deal. They typically see 6 to 7 percent returns for their investors and are very particular about the kind of deals they will try to arrange. You can hear how Jonathan structures these syndications, on this episode of Freedom Fast Lane. Making money by creating value. The company Jonathan Twombly runs, Two Bridges Asset Management specializes in real estate syndication deals. It’s a way to structure a real estate purchase that enables many people to invest through assets such as apartment buildings. But Jonathan’s company typically doesn’t have its own money in these deals. Instead, his team works to make the deal happen, keep it rolling, and realize the returns investors are hoping for. He says that he’s creating value for everyone in the deal, which in turn makes him a profit. The lesson? If you are able to bring together people and create opportunities for them to make money, you may be able to make your money in the process. He normally builds assets, but right now he’s waiting. During this conversation, Ryan asked Jonathan Twombly what he and his company are investing in right now. He said they aren’t investing at all. In Jonathan’s mind, the skyrocketing market can’t continue forever and he believes that getting himself into a position to take advantage of an eventual market downturn is the best thing he can do right now instead of getting into a deal at the height of the cycle. On this episode, you can hear Jonathan explain why he’s taking a break from investing presently and what he’s doing to be prepared for the time when he will invest again, so be sure you listen. Real estate is usually the first thought when building assets. But it’s not the only game in town. As host of the Capital Gains podcast, Jonathan Twombly has had some pretty interesting conversations with people who build assets in a variety of ways. He’s spoken with people who invest in precious metals, others who purchase, improve, and flip websites, some who are investing heavily in cryptocurrencies, and still others who are building companies to support the burgeoning cannabis industry. If you want some ideas about how you can build assets that don’t have to do with real estate, Jonathan has some insights for you on this episode. Outline Of This Great Episode [0:24] Ryan’s invitation to follow what’s going on at www.Capitalism.com [1:10] Intro to this conversation with Jonathan Twombly. [4:40] Jonathan’s 60-second intro to his company and himself. [5:41] An example of what a real estate syndication might look like. [9:25] Why it takes value to make money. [11:08] Why Jonathan and Ryan don’t like Marco Rubio. [13:26] Does Jonathan see political policies impacting his investment decisions? [15:25] Some of the most interesting ways Jonathan has heard of people making cash. [18:10] How do the rich invest their money most often? [24:11] Jonathan’s thoughts about Bitcoin and other cryptocurrencies. [27:26] What is Jonathan buying right now? [30:35] The next business downturn and what to do now to prepare. [32:19] Jonathan’s advice to those looking to invest their profits. [35:56] What Jonathan is aiming to do with the Capital Gains podcast. Action Steps From This Episode FOR GETTING STARTED: Be patient. The time is coming when the rapidly rising markets are going to come down. Those who are ready to invest when that happens will be the ones who are in the best position. FOR GREATER SUCCESS: Keep in mind that it takes value to make money. If you are able to bring together people and create opportunities for them to make money, you may be able to make your money in the process. Connect With Today’s guest: Jonathan Twombly Jonathan’s company: Two Bridges Asset Management Jonathan on LinkedIn Jonathan on Twitter Resources Mentioned On This Episode www.Capitalsim.com The Capital Gains Podcast www.FreedomFastLane.com/bootcamp Connect With Freedom Fast Lane Website: www.FreedomFastLane.com   On Youtube   On Facebook   On Twitter   On Google Plus   On LinkedIn   On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jun 26, 2017 • 52min

How The Rich Use Infinite Banking For Tax Free Wealth

Many of Ryan’s students have successfully built businesses that they have then sold for millions of dollars. When you’re suddenly endowed with that much cash, what do you do with it? It’s prudent to invest, but there are so many options... how do you know which are the best not only for the sake of security but also for the sake of continued growth of your assets? On this episode of Freedom Fast Lane, Ryan chats with Sam Prentice of Wealthpoint, a company that offers life insurance policies that are also assets in their own right. It may sound strange but once you hear this episode you’ll understand how it could be one of the smartest investment decisions you could ever make. Imagine an asset with a limited downside that continues to grow even when you borrow against it. In this conversation, Ryan chats with Sam Prentice of Wealthpoint to find out what infinite banking is all about. Ryan is interested because he’s had some bad experiences with insurance companies before regarding this kind of policy and he wants to know the truth about how it is supposed to work and why it is a good tool for investing. Ryan does his best throughout the conversation to stop for clarification and to keep things simple so you’re likely to get a lot out of the episode. Be sure you listen. What if you could have an investment that will never go south when the economy does? The type of insurance policy typically referred to as “infinite banking” is one that has incredible tax benefits but is also set up so that it earns better than average interest. But what happens if the markets go south? In that case, the policy will never lose money, plain and simple. So if interest rates drop into negative ranges the cash in this type of policy will remain safe. No worrying about losing money. And when the market turns around, your policy goes back into its steady climb. Ryan and Sam go into detail about how infinite banking policies work, on this episode, so don’t miss it. Why is infinite banking called infinite banking? While today’s guest, Sam Prentice, doesn’t like to use the term “infinite banking,” he does explain why the insurance product he’s describing often bears that name. The insurance policies at the heart of these financial instruments are two-part investments. One is a “death benefit” of sorts that pays out like a typical life insurance policy, should you die. The other is an account that can be borrowed against, in the amount of the insurance policy. Funds borrowed can then be used to purchase other investments while the original policy itself earns interest at a better than average rate. It sounds too good to be true, but is a real thing. You can find out more on this episode. What could go wrong in an infinite banking arrangement? What are the risks? When you hear financial tools like infinite banking discussed it can sound too good to be true. That naturally leads you to ask, “What is the downside?” Ryan was very careful to make sure that his guest, Sam Prentice answers that question clearly. Sam says there are 3 main risks to an infinite banking policy, the first one being that should the insurance carrier that holds the policy go under, your investment will be gone. But the chances of that happening are very remote according to Sam. If you’d like to hear the other two risks associated with this type of investment, you need to hear this conversation. Outline Of This Great Episode [0:22] Who is Sam Prentice and how Ryan has vetted him and his company. [2:20] Ryan’s definition of “infinite banking” and how it can be used for tax-free investing. [7:14] Why people use this approach to invest and save on taxes. [8:45] The tax benefits and 2 ways these accounts can grow. [11:40] How does the cash value of the life insurance policy grow? [16:57] Why is it called “infinite banking?” [24:20] Why diversifying over asset classes is key for building wealth. [31:10] Ryan’s simple version of this this vehicle works. [33:31] Leveraging this asset in a variety of ways at the same time. [37:18] At what point should you consider this sort of investment vehicle? [40:25] What’s the worst-case scenario for this financial instrument? [47:35] The best way for you to connect with Sam’s company. [50:01] Additional questions Ryan will be asking Sam in the future. Action Steps From This Episode FOR GETTING STARTED: Consider the cash you have on hand to invest - and how you can best leverage that cash for wealth building instead of just saving. Once you’re ready to do more with the money you’ve earned you are able to consider the advantages of tax strategies and investment instruments like Sam and Ryan discussed on this episode. FOR GREATER SUCCESS: Consider one of these “infinite banking” accounts as a way to not only have a tangible asset that banks will view very favorably when it comes to lending, but also how you can use the loan to invest in real estate and other assets that provide even more ability to build wealth. Connect With Today’s guest: Sam Prentice www.GoWealthpoint.com - Sam’s company www.GoWealthpoint.com/freedom Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jun 19, 2017 • 13min

What Amazon's Purchase Of Whole Foods Means For FBA Sellers

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Jun 19, 2017 • 23min

Why Capitalism is the Best Thing You Can Do For the World, with John Mackey.

The Freedom Fast Lane LIVE events are an amazing opportunity for you to get connected with high level entrepreneurs, people who are working to build a business for themselves (just like you), and everything in between. One of the things you’ll benefit from most is sessions like this one, where those who have experienced incredible ultimate success, John Mackey in this case, share practical thoughts and strategies to help those who attend. You’ll get a lot of value from hearing John’s story in building Whole Foods to the incredible company it is today, what money is and what it’s used for, and why capitalism is not the evil thing many people portray it to be. You won’t want to miss this episode. A clear purpose brings out the haters. Here’s how Whole Foods has handled it. During this conversation between Ryan and his guest, John Mackey the topic of haters was brought up, and John had some great ideas to share. He points out that any time you are successful you will become noticed by both the purists and opponents - and both can become quite a thorn in your side. During this Q&A from Freedom Fast Lane LIVE, John shares how Whole Foods has navigated the waters of opposition that come from the success the company has enjoyed. John is a great voice of wisdom for you, so be sure you listen. Connect With Today’s guest: JOHN MACKEY Website: John’s Blog Resources Mentioned On This Episode www.FreedomFastLaneLIVE.com Connect With Freedom Fast Lane Live Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jun 12, 2017 • 25min

How To Use Retargeting To Build Your Audience and Make More Sales, Q & A with Ryan Deiss

Everyone doing business these days owes it to themselves to understand how digital marketing works. It’s the knowledge that will enable you to reach your niche audience and ideal customers where they are - online. There’s nobody who knows how digital marketing works than Ryan Deiss. Ryan is the founder and CEO of DigitalMarketer, a company that has invested over $15,000,000 on marketing tests, generated tens of millions of unique visitors, sent well over a BILLION emails, and run approximately 3,000 split and multi-variant tests. He’s got the data to tell us exactly how digital marketing works - and on this episode, he’s answering specific questions about how to get started with effective digital marketing. Interested? If you don’t have a relationship with your end customer, you don’t have a business - you’re a wholesaler. Ryan Deiss says that digital marketing works best over the long haul when it is focused on building a relationship with the people who are interested in your products, not simply by writing schmoozy content that cleverly gets a sale. Relationships are what build a loyal following that translates into recurring sales. Just look at the comparison between how you perceive Microsoft VS Apple. It’s a tired example but nevertheless, it makes the point. You want your brand to be perceived as friendly and warm - as soul-ish and connecting. Ryan and Ryan chat about the specifics of what it takes to make that happen, in this Q&A session from Freedom Fast Lane LIVE. Connect With Today’s guest: Ryan Deiss Website: https://www.digitalmarketer.com/author/ryan-deiss/ On Twitter On Facebook On LinkedIn Connect With Freedom Fast Lane Live Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jun 10, 2017 • 32min

How to Sell on Amazon The Right Way, with Ryan Daniel Moran

Most of you know that Ryan got his start by learning how to sell on Amazon. Since that time he's branched out into all sorts of more complicated and nuanced business tactics. But emails continue to be received by the Freedom Fast Lane team asking for specifics about how to get started selling on Amazon like Ryan did. So, he thought it would be helpful to give you some clear, free advice on how to make that process happen. This episode is that - your 101 course on how to start selling on Amazon and set yourself up to branch out from there. Ryan doesn’t skip anything in this step-by-step tutorial so if you’re interested in the Amazon private label model, this is your episode. Don’t ask what product you should sell on Amazon. Ask what business you should be in. When you first get started doing product research it’s easy to get yourself into a wrong way of thinking. You start to think only in terms of potentially profitable products - but you can’t do that and expect to be successful over the long-term. Think about what business you want to be in, not what products you can sell. If your approach is not bigger than a product, you’ll lose enthusiasm and run out of steam when it comes to sales - simply because you don’t really HAVE anything bigger to offer the customers you are serving. On this episode, Ryan walks you through why this mindset shift is so vital and how you can take steps to ensure you approach things correctly - so be sure you listen. Don’t consider Amazon sales to be your business. Look at Amazon as a launching point. The reason selling on Amazon is so effective at building a customer base quickly is because Amazon has already done the hard work of gathering an avid group of consumers. You get to tap into that resource in order to sell your products to ready buyers. That fact makes it easy to think that Amazon is all you need. But you have to remember that you’re playing on someone else’s playground. Amazon can change their guidelines at any time and you will be the one who is hurt. Ryan addresses how you should use Amazon to get started on this episode - so that you can build something bigger that can last longer and serve more people in the long run. Why you don’t want to sell on Amazon in a niche that is brand-driven. When doing product research it’s easy to get excited when you find a product type that’s selling bazillions of units per day. But you have to be careful if you want to make the wisest choice. If the niche you’re considering is brand-driven - for example, headphone sales are dominated by the big brands like Beats and Bose - then you probably want to steer clear. Most people don’t have a chance of beating out competition like that simply because they have the budget to outspend you in order to stay on top. Find out how Ryan suggests you do product research the right way, on this episode. Find an audience of ready buyers so you can have a successful launch. Once you’ve done your product research and have found your supplier, there will come a point when your order is placed and products are being created and shipped. That span of time is what Ryan calls “the hump.” You could spend that time sitting around, impatiently waiting for your products to arrive - but Ryan suggests you make the best use of those weeks between product order and product delivery by finding and connecting with an audience of ready buyers for your product. There are many ways and places online you can do this - so don’t waste the opportunity to make your Amazon product launch more successful by priming the pump. Ryan tells you how he’s typically done that, on this episode. Outline Of This Great Episode [0:31] Ryan’s introduction to this “getting started” episode about Amazon sales. [2:40] Two points to understand that will put you far ahead of everyone else. [4:40] The “getting started” steps to take at first. [6:54] The things to look at to see if a good product or niche idea is really a good idea. [8:00] Criteria that you should consider when looking for the “perfect” product. [10:39] Getting your product made and how to think about customization. [15:20] Getting over the hump: Prepping for product launch while you wait on products. [18:41] Taking a step back: Get your product setup on Amazon. [22:15] Taking costs into consideration - you need around $5,000. [25:10] It sounds incredibly simple, which is the beauty and frustration of this business model. [29:50] The reasons it is a long-term game to sell on Amazon. Action Steps From This Episode FOR GETTING STARTED: Get your thinking straight. You need to be thinking about what business you want to be in, not what product you can sell. If it’s not bigger than a product, you’ll lose enthusiasm and you’ll run out of steam when it comes to sales. FOR GREATER SUCCESS: During the “hump” after you’ve got your product ordered and are waiting for it to arrive, make the most of your time by finding and connecting with an audience of ready buyers for your product. There are many ways and places online you can do this - so don’t waste the opportunity to make your Amazon product launch more successful by priming the pump. Resources Mentioned On This Episode www.FreedomFastLane.com/tribe www.Alibaba.com Episode with Sean Coyne Ryan mentioned - Step by Step to Six Figures on Amazon www.Zonblast.com Ryan’s YouTube video - 12 months to $1 million on Amazon Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran
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Jun 8, 2017 • 24min

How to Overcome Insecurity and Live a Powerful Life, Q & A with Sean Stephenson

Insecurity is part of the human condition, so much so that if there was a drug that enabled people to overcome insecurity, it would be out of stock continually. We all hate insecurity but don’t know what to do about it. That’s why it’s a rare treat to hear someone like Sean Stephenson unravel the mystery. If you don’t know Sean, you need to. When he was born, doctors predicted he would not survive more than 24 hours because of a rare bone disorder, Osteogenesis Imperfecta, that stunted his growth and caused his bones to be extremely fragile. Despite the challenges he faced, he’s taken a stand against insecurity and has helped many others do the same. You can be among those he’s helped by listening to this inspiring episode. Compare leads to Despair ~ Sean Stephenson Sean Stephenson believes that one of the main reasons people struggle with insecurity is because they constantly compare themselves to others. My body is not as fit as his. I haven’t had the level of success she has. I’m not as pretty, or nice, or interesting, or funny - or whatever. You know how it goes. Sean says that one of the first steps we need to take in overcoming insecurity is refusing to compare ourselves to others. But in order to do that we have to understand something deeply personal - we were each made for a specific purpose that ONLY we can fulfill. Find out how Sean helps his clients understand themselves and live the life they were meant to live by hearing his responses in this Q&A session from Freedom Fast Lane LIVE 2016. Sean Stephenson’s formula for beating insecurity: GAP vs FED. When you focus on your goals, your appreciations, and your preferences, you will join the ranks of those who are crushing it in business and enjoying fulfillment in life. They are people who understand what they want, appreciate what they have, and pursue what they like. But when you focus on your fear, the things and people you envy, and the things you dislike - you will be miserable and unsuccessful. Sean tells some great personal stories and anecdotes from client experiences on this episode that will help you put these into a practical frame of reference so that you can see how to apply his GAP vs FED formula to your own life. Be sure to listen. Insecurity will be your constant companion if you can’t control your internal climate. When it comes to the WAY things happen in your life there is very little you can control. If you want to overcome insecurity you have to take your focus OFF those things - the things you can’t control - and put your focus on the things you can control - and those things are almost always internal. Sean Stephenson has encountered his share of obstacles, but he’s learned that in order to beat insecurity and accomplish the things he wants to accomplish he’s got to orient his inner world toward success and meaning - and only HE can do that for himself. This Q&A session from Freedom Fast Lane 2016 reveals how Sean overcomes his own insecurities - and what he does to help his clients overcome their own insecurities. If fun is not a high priority, you are either burned out or burning out ~ Sean Stephenson. There are serious things in life, things that require somber reflection and consideration. But not nearly as many as we think there are. Sean Stephenson says that one of the best ways to add more joy to your life is to ask yourself, “What’s funny about this?” As you learn to find humor in the challenges and joys alike, you’ll begin to actually enjoy the journey you are on - and from enjoyment, comes joy. You won’t want to miss this peek into what happened on stage at Freedom Fast Lane 2016, so be sure you listen. Outline Of This Great Episode [1:50] What Sean has seen come up as recurring insecurities among entrepreneurs. [4:53] How do you practically follow your bliss? By making money doing it. [12:00] How Sean pulls people from insecurity to purpose: GAP vs FED. [18:07] Commitment precedes courage which precedes confidence. Action Steps From This Episode FOR GETTING STARTED: Compare leads to despair. That’s Sean Stephenson’s observation from watching with entrepreneurs worldwide. He wants you to keep your eyes on who YOU are and what YOU bring to the world. Quit looking at others, discover what you bring to the world, and get busy making it happen. FOR GREATER SUCCESS: Put your attention on your goals, the things you appreciate, and the things you prefer. Those areas enable you to keep your eyes on what matters in a balanced way that won’t burn you out - or kill you. You’ll discover not only how to be successful but also how to be happy. Connect with today’s guest: SEAN STEPHENSON http://seanstephenson.com/ On Facebook On Twitter On Instagram On YouTube Connect With Freedom Fast Lane Website: www.FreedomFastLane.com On Youtube On Facebook On Twitter On Google Plus On LinkedIn On Instagram Subscribe to Freedom Fast Lane Subscribe to the Freedom Fast Lane Podcast with Ryan Daniel Moran

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