Ryan Daniel Moran started a business with $600, scaled it to over 100 sales a day, then sold it for $15 million. He regrets being too conservative early and says entrepreneurs should invest aggressively to hit that 100 sales a day milestone faster.
Questions this video answers
$600
100 units at $6 each
Over 100 sales a day
About $15 million
"100 sales a day"
Chapters
I started a business with $600 and I sold it for 15 million. And that sounds cool, but it was a huge mistake. I used $600 to buy 100 units of a product at $6 each. And then I sold them, used the profits to buy more inventory, and then kept doing that until the business was doing over 100 sales a day. And then I sold the business for a whack ton of money. But if you look back on, I turned $600 into $15 million. I wish I had put in more than $600 at the time. I was trying to be conservative, so I only put in $600 to start the business. If you believe it's going to be successful, then you want to be aggressive. At the beginning, I wondered if I would be able to get a product to 100 sales a day. But now that I know that it's simple, I want to put everything into it at the beginning so I can get that ball rolling as fast as possible. Now I have the playbook for getting to 100 sales a day, which is a million dollar business. And I give that to entrepreneurs. If you want to see how, click the link below to download the report called 100 sales a day.