Ryan Moran is the Founder of Capitalism.com, where he brings like-minded entrepreneurs and experts together to build brands and businesses that last.
Ryan has launched Amazon businesses that he eventually sold for over eight-figures. Today, he has a portfolio of brands and he documents and shares his entrepreneurial journey on his podcast, Capitalism.com podcast.
Ryan is also the author of the book 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur.
Here’s a glimpse of what you’ll learn:
- Ryan Moran talks about his first eight-figure exit and the other side that comes with a big exit
- Mistakes to avoid when selling your business
- Ryan explains why one of his early businesses was a home run and another was a strikeout
- The importance of marketing your product to the right market
- Why Ryan decided to write a book about his entrepreneurial journey and how he responds to criticism and backlash
- Ryan talks about why he tried to become a pastor and how his views on religion has changed since ending that journey
- Ryan recalls a personal story that illustrates why you should not base your decisions on what other people do or say
- Ryan explains why Gary Vaynerchuk and Brian Lee have left huge impressions on him as speakers and as individuals
- Ryan’s thoughts on virtual reality and where it might be headed
- Ryan talks about his mentorship program, The One Percent, and how to be a part of it
In this episode…
It’s every entrepreneur’s dream to build a great business and to one day relinquish some control in exchange for a big payday exit. But what many entrepreneurs are unaware of is that there is the other side to a big exit. It’s this other side that few people talk about and it involves knowing how to build a great company and maintaining it post-sale. So how do you build, sell, and keep a great company from going bankrupt?
Ryan Moran of Capitalism.com shares his big exit story and the lessons he learned from it in this episode of Inspired Insider. Tune in Ryan talks to Dr. Jeremy Weisz about what his first eight-figure exit was like and the flipside of the success that he was supposed to enjoy. He also shares the things that he wished he did differently, the people who have left a huge impression on him, and how people can take part in his mentorship program, The One Percent.
Resources Mentioned on this episode
- Capitalism Conference (CapCon)
- Ryan Moran on LinkedIn
- The Capitalism.com podcast
- The Capitalism.com podcast on iTunes
- The One Percent
- 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur by Ryan Moran
- Daymond John on LinkedIn
- Robert Herjavec on LinkedIn
- Michael Dubin on LinkedIn
- Gary Keller on LinkedIn
- Kellianne Fedio on LinkedIn
- Gary Vaynerchuk on LinkedIn
- Brian Lee on LinkedIn
- Andrew Yang’s interview on Joe Rogan’s podcast
- Perry Marshall interview on Evolution 2.0
- Inspired Insider Interview with Mois Navone of Mobileye
- Inspired Insider Interview with Tony Horton P90x
Sponsor for this episode
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Insider Stories from Top Leaders & Entrepreneurs…
Dr. Jeremy Wiesz here, Founder of InspiredInsider.com where I talk with inspirational entrepreneurs and leaders. And you know, Ryan, what I love talking about is the challenge stories, not, you know their success, tons of success stories, but I love hearing the challenge stories I interviewed Mois Navone of Mobileye, and he talked about Mobileye’s journey of being acquired for $15.2 billion by Intel. But what I loved about the story is he had to go home at one point to his wife and kids and tell him listen, I’m pulling you out of all extracurriculars, we cannot we no niceties, we can’t go eat out anymore. Because I got it, you know, the pay is cut, like I need to trim back. You know, and there were many cuts before they actually sold the company. And, and also, you know, when I had Tony Horton on a P90x he talked about, he made money as a street mime. Okay, he put it head on the street, and it’s street miming to make his food and rent money before obviously, we know that he sold hundreds of millions of dollars of P90x and by the way, I’m gonna introduce today’s guest in a second Ryan Moran, you need to check out his book, 12 Months to $1 million. And I’ll give you more details on that in a second. But he’s talks about some of the past guests. I’ve had our x bars quest nutrition, and he’ll go and he gets tactical with it, too. So before I introduce today’s guests, this episode’s brought to you by Rise25, which I co-founded my business partner John Corcoran. And we help businesses give to and connect their dream 100 relationships by helping you run your podcast. And you know, Ryan, for me, the number one thing in my life is relationships. And I’m always looking at a way to give to my relationships and a podcast is a way and I know Ryan has an amazing podcast By the way, Capitalism.com check it out as well. So key he knows the power of it. I was listening to one the other day Ryan, have you? And it’s like for personal development to you’re like I want to learn how to do viral ads. So what do you do you have the foremost expert on your podcast of talking about ads, right and it’s amazing. It’s great for your audience is great for you. It’s great for everyone. So check out Rise25.com. And with no further ado, we have Ryan Daniel Moran, founder of Capitalism.com Ryan runs Capitalism.com. Basically, he brings like minded entrepreneurs and experts in the e commerce space more than the e commerce space all spaces together to build brands and businesses that last. He launched Amazon businesses that he eventually sold for over eight figures. And he’s got an amazing podcast Capitalism.com where you know, he helps entrepreneurs at every stage of business and he wrote the book 12 months to $1 million: How to Pick a winning product, build a real business and become a seven figure future entrepreneur. What I admire most about Ryan his he surrounds himself with amazing people. And if you look at his CapCon conferences, which hopefully that comes back whenever you’re listening to this, and he’s added some of the smartest people in the world to speak Daymond John, Robert Herjavec, Michael Dubin of Dollar Shave Club and many more. We met actually at will we talked before that, but we’re sitting next to each other at dinner at Mastermind Talks, Jayson Gaignard MastermindTalks, I was cleaning up my hard drive and I saw a video and we’re just sitting there together. So Ryan, thanks for joining me.
Jeremy, good to see you, man. Thank you for having me.
The other thing I love about you is your vulnerability. And I don’t know if this is you know, throughout the years, but in your book, you talk about selling your business, and you talk about the great things, but you also share some of the things going on in your life at the time. So I figured maybe we start there, like talk about that time. Like which is the pinnacle. That’s supposed to be the pinnacle and the most Yeah, right. Walk, just tell people in First of all, check out the book. He talks all about there. But walk tell people about that time. Well,
I think the story that you’re referencing is the day that I sold. I’ve sold a few businesses, but the one that was responsible for 70% of my wealth was a business that I sold for at a valuation of about $15 million, and we sold 70 ish percent of it. So it was an eight figure exit. And it had been a six month process of going through the exit. And man did I make a lot of mistakes and we can talk about those for sure. But my my business partner calls and he’s like, Hey, did you see it? I’m like, what are you talking about? He’s like, it’s in there. It’s like the wire the money. The money made, you see it like it’s in there. And this big celebration, and then I went walk back to my apartment. And and it was an empty apartment because I was going through a separation At that time, I spent the next two weeks of my life wealthier than I’ve ever been. But sleeping on a twin pull out in my empty apartment with no furniture like, you know, eaten bachelor cereal out of the one bowl that I kept with this spoon, you know, my and, and I’ve described to there at that time I was so broke that all I had was money. So I had all I had all this, this money in the account with an empty apartment. And it was very poetic at the time. So, so it was not all roses at all. And it still isn’t, right, it still isn’t that we so are quick to edify other people’s successes, and miss all of the good stuff that’s happened in our life. I did a video on my most viral video that I ever made, was I was talking about how when I was a kid, all I wanted to be was a millionaire. And now that I’m a millionaire, all I want to be as a carefree kid. And there was a time that I lost a lot of weight, and I had ABS for the first time in my life and I, but then I felt too skinny, you know, and then so I bulked up. And when I bought up all I all I thought about was how I missed my abs. And I realized this once when, after I had my exit, I was driving by the neighborhood where I used to live. Yeah, I had moved to the nice neighborhood. And I drove past that neighborhood where I used to live. And I had this like, longing to be there. It was like, oh, man, I missed this and this and this. And this. And this. Jeremy, I hated that house. Like I hated that house when I lived in it. I didn’t like us, I didn’t like it at all. Right? I couldn’t wait to move out there. And then I drove past and I was like, Oh, I missed that house that what. And it’s just we have this sense of missing the things that are good right now. And we only pay attention to the moat, for the most part, in this sense of longing in the rearview mirror. And in the present, we’re focused on our problems. And this is kind of the the beauty and the irony of being human being. And so my vulnerability is often my own wrestling with my desire to be more happy in the present, while also being wired to look at problems in the present, and longing for things that are in the future, or in the rearview mirror. And you can have that big pinnacle of success, like having an exit, but you are still a human being, which means that you go home and you see your problems.