Entrepreneurs Can Make As Much Money As They Want

Contrary to what anybody tells you, there is no fixed amount. We're all making this as big as we want. You can have as much as you want and your success is not a threat to somebody else's. Let me give you permission. Go make as much as you want. You in.

Today. I get to do my favorite thing. I get to speak in front of thousands of people.

All right, let's do it. Let's go.

Long walk. Yeah. I'm not, I'm not. I'm not entirely surprised.

Put your hands together for a year.

Just out of curiosity, is there anyone here has no idea who the hell I am?

That fucking hurts. Okay.

My company is called capitalism.com. i kind of like entrepreneurs and Matt said something that I just want to edify.

That it drips down. Your success affects other people. Look, contrary to what anybody tells you, there is no fixed amount. We are all making this pie as big as we want. I know what it can feel like to come to an event like this and to see someone on stage, the person next to you, lying about how much they're making. I know what it's like to be in the audience and play that game where you are comparing, comparing yourself to somebody else. That comes from a false belief that someone else, them being successful threatens yours. That's bullshit. We're all making this as big as we want. You can have as much as you want and your success is not a threat to somebody else's. So you can go make as much as you want. Let me give you permission. Go make as much as you want. You in.

I was an entrepreneur age.

Knocking on doors, trying to sell hand drawn pictures with colored pencils and computer paper for a penny each. I made five cents that night. My dad bought two of them. And we all start.

At the ground floor. And over the next couple of days you're going to hear from people who are running literally billion dollar companies. Your path is not theirs. In fact, is there anyone here who can proudly say, I'm doing under a million dollars a year? I haven't hit my first million yet. I'm doing under a million. Give it up for these pioneers.

I bet on the person doing under a million. I bet on that person. Because we tend to romanticize how things used to be. We tend to romanticize how we got into the game. And if you're under the illusion that things just get to a point where they maintain for the rest of your life, that does not exist. There are more opportunities open for entrepreneurs across the board than there's ever been There was no crowdfunding. There was no FBA. There was nothing.

Seven, eight, 10 years ago. So we can piss and moan about the fact that certain strategies change, but that only happens if you are building a business that is dependent on tactics. If you are building a business that is dependent on anything except creating real value in the world, you will always be vulnerable to when the puck moves. But if you are building something that goes beyond that, then all of the tactics that you learn just become ways to amplify good work. That's the purpose of money, to let us vote on good work. And as you grow, you get better and you get to take advantage of those new opportunities. For those of you who are on the fence, let me tell you, this gets real easy when you just commit. Life had to give me that. Life had to shake me up and punch me around a little bit in order to get me to commit. It came in the form of this beautiful little girl right here. When I found out I was going to be a dad.

That was when it was like, okay, I don't have time to learn new shit.

I don't have time to have this side project. I don't have time for side hustles. I don't have time for anything that does not amplify what is my primary focus right now. I don't have time.

Hit a million right after. Hit 5 million, Charlie after that. Hit 10 million after that, because we were all in. So for those of you who are all in, let's make you a millionaire in 12 months. Let's go.

Here's why a million dollars matters. It's proof of concept. When you cross seven figures now, you're in a position where you can scale it, you can sell it, you can get out, you can automate it. You're at choice when you're at seven figures. That's why this matters. It's the only why a million dollars matters. A million dollars is very simply 100 sales a day at 30 bucks. That's about a million dollars, 100 sales a day. So that's all we have to solve for. That's all we've got to figure out. We do not have to learn a thousand different things. We do not have to stay up to date on what everybody is doing. We do not have to stay up to date on what someone who is doing 10 million is doing differently than you. We don't have to do any of that. All we have to do is solve for x.x being 100 sales a day. In most cases, 100 sales a day is 3 to 5 products doing 25ish sales a day. That is a million dollar business. If you're beyond this, tune in for a second. I have sold companies and advised companies that have grown beyond this level and they collapse because they forget this. They hire executives, they bring in advisors, they spend money on bullshit forms of advertising, they try new things, they get away from basics and it is only a matter of months that they start to decline. And guess what, fixes it every time. Coming back to this, coming back to what are your core 3 to 5 products? What are they selling right now? What are their price points right now? And we go all in on those and you rebuild from there. I have seen it. It's actually kind of breaks my heart. I've seen really good companies.

Start to scale and break because they move away from this idea that you have a core group of products that are selling really, really well consistently to the same person, to the same demographic. Please do not follow their lead. Here's your thesis.

Here is what you build a business on. If you launch products to a small audience, you'll rank for keywords and get reviews. If you rank for keywords and get reviews, you'll have 25 sales a day across multiple products. That means you have a million dollar business. And if you have a million dollar business, you're a seven figure entrepreneur. And depending on what you do next, determines if you're financially free for life. That's what it takes. That's the process in order to. But here's the secret.

Your life will change. When you stop thinking about what I can get.

Your life will change. Everything will be easy. When you have the perspective that it is not about you. The minute you have the shift that it's not about what I can get and that all of these douchebags who are black hatting and faking and trying to just maintain long enough to get acquired. It's not a business, it's not even entrepreneurship. That is all about them and what they can extract from the system. You're better than that. You're an entrepreneur. You create change in your life, in other people's lives.

Every time I have a lesson that life needs to give me, it gives me a wake up call. I got mine recently looked like this. That's my little boy in there.

Look at him. He's doing keyword research right now. I'm like, buddy, it's about people, not production.

So every time I have a lesson that life needs to give me, it just throws me a kid.

But I Want you to know something.

You're among the 5% of people.

5% of people who take personal responsibility. 5% of people who actually do something to create a change. 5% of people who build the skill set and the influence to be able to change things around them.

Do not waste that doing things that don't matter. Do not waste it.

On anything that does not create the impact and the life that you want.

Do not waste the very special and unique ability that you have.

On what you can take. You're better than that. Everything that you want in this life is on the other side of what you do for someone else. And everything you want as a result of that is available to you. Go out there and take it. Thank you.

Thank you.

This is how you work. This is how you launch to the audience. These are the parameters with which we work. Can you meet them? Perfect. Cool. You set the rules, I'll keep listening. Yeah, you got some good stuff. Thanks. Appreciate it. What's up, Hooty? I just want to be this guy when I grow up. Things are changing. Yes. For the better. Well, that might be true.

For the first time in my life, I'm happy if they don't, like, I want them to change. We all want to feel better.

It's the first time that I'm like.

Okay, right here.

And the mind fuck of it is that when you're in that, then you can do whatever you want. Yes, yes. Just like the older I get, the more and more I realize that Hooty's right.

That guy right there. Capitalism.com Tom Ryan Moran. The guy's got an apple. Sounds like a scam. Apple a day. It's definitely not a scam.

How'd it go? Fine. The guy on stage was kind of a dick. You said you were a little nervous like before you went on, but was it the number of people, 2,000 people, or what? What? No, it's a bomb. I mean, just.

That'S my favorite thing. I think everybody gets nervous before they perform. Right. And for me it's just like, this is, these are my people, these are entrepreneurs. So there's like a responsibility when you're an entrepreneur. It's what you do impacts so much. And when you're speaking to other entrepreneurs, those ripple effects go a long time. So it's a responsibility to be like a steward of the fact that they've given me their trust and their attention and the impact. One person in that room who goes on to have ripple effects everywhere, it's a big ass deal. Much less 2,000 people just want to do well by those people, that's all.