This podcast episode (hosted by Ryan Daniel Moran) contrasts "real entrepreneurship" with short-term cash-focused activities and lays out three defining qualities of a real entrepreneur: building something bigger than oneself (scaling toward eight- or nine-figure businesses), mastering marketing and sales, and investing for the long term (people, disruptive technologies, passive income). Moran references selling a company for "eight figures in cash" earlier that year and promotes the Capitalism Conference scheduled for December 7th, 8th and 9th in Austin, Texas. The episode frames the conference as a place to learn scaling, team-building, sales/marketing tactics, and investment strategies from leaders who have built eight- and nine-figure companies.
Questions this episode answers
October 26, 2017.
December 7th, 8th and 9th in Austin, Texas.
He says he sold one of his companies earlier that year "for eight figures in cash."
You're listening to Freedom Fast lane presented by capitalism.com this is the show about building businesses and investing the profits so that you can live life on your terms. And now, your host, the future owner of the Cleveland Indians, Ryan Daniel Moran.
There is a difference between real entrepreneurship and and focusing on cash flow. Coaches are not real entrepreneurs. Social media experts are not real entrepreneurs. There is a difference between doing something that makes you money so that you don't have to have a job and being an entrepreneur. An entrepreneur has three qualities. One, you're building something bigger than yourself. You probably have multiple projects going on because they've all got huge potential. And you're starting to build an empire of something that is going to be eight or nine figures. And you know that when you get that taste of success, what that does is it just inspires you to go to that next level of success. That's one of the differences between someone who's a fake entrepreneur and someone who is a real entrepreneur is you are driven by that growth. That is what energizes you. Earlier this year I sold one of my companies for eight figures in cash. And now I'm focused on the nine figure payday. I'm going to show you one of the things that I'm doing in order to ensure that I that I hit the nine figure mark in a second. But the second piece about being a real entrepreneur is that you actually understand the importance of dialing in and nailing your marketing and sales. It is not just about getting in front of customers. It is not just about the one hack that you are going to put into your business to get to seven figures. You understand that you actually have to get good at marketing and sales in order to hit the eight figure mark or the nine figure mark. And the third thing about a real entrepreneur is that you're investing for the long term. You're investing in people, you're investing in disruptive technologies. You're investing in things that give you passive cash flow. And altogether those three areas are your empire and that is what you are building. I've built the eight figure empire. Now I'm taking what I know and I'm building the nine figure empire. But I've never done that before. So I've invited group of entrepreneurial empire builders and business thought leaders who have built eight and nine figure companies who have built billion dollar empires and have invited them to share all of their best strategies with me and some other entrepreneurial empire builders in Austin, Texas this December 7th, 8th and 9th. Together we're focusing on those three areas, you're going to learn how to build the empire faster, how to build teams. You're going to learn how to build something bigger than yourself. You're going to learn how to take the pivot from seven figure business to an eight figure business. We brought in a group of experts in sales and marketing to talk about what's working right now, to talk about what strategies are actually working to grow companies quickly. We brought in a group of investment experts to talk about cryptocurrency, to talk about wealth generation, to talk about passive income. Because at the end of the day, you want a certain type of lifestyle and you want a certain type of experience, and that's why you got into this game in the first place. Together, we're going to see how far we can go, see how big the empire can get. And I'm inviting you to join me this December 7th, 8th and 9th in Austin, Texas, because I know that at the end of the day, when we look at everything that you're building, you've got a bigger reason why. You've got something else that drives you. Come to the capitalism conference this December 7th, 8th and 9th in Austin, Texas. This will sell out in advance. So I'm encouraging you to grab your spot right now for the Capitalism Conference and I'll see you this December.
