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The Best Side Hustle To Start In 2024
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He is the daddy of e-commerce bussinesses.
I can't tell if this is a compliment, a flirt, an insult, or a reference to me being the "old guy" in the TH-cam ecommerce space. Please advise.
@@RyanDanielMoranlmao😅😅
@@atharvagupta8638 crazy hahaha
Compliment
Hi Ryan, this was an incredibly helpful video. I've been binge-watching your videos and going through the process of choosing my person and deciding on products while on vacation (semi) out of the US for three weeks. But with vacation coming to an end in a few days, and the reality of an immutable, fully-scheduled June and July staring me in the face, I find myself a little upset, worrying that I might lose all my momentum. Watching this episode I realized that I can certainly find two hours a day, separated into 30-minute segments, to keep everything moving forward. It's a great way to think of things, thank you!!!
I’m glad. This is a playbook you can run every day.
This is so specific and helpful. Thank you Ryan! 🙏🏼💛
I’m so glad! Thank you for watching!
Great breakdown Ryan
Appreciate it! Thanks for watching :)
Dude, this is AWESOME! Thank you!
This video / podcast is one of my new favorites of yours of all time. Of all time!
You know that, what with all my fangirl-ing, that's really saying something. ;)
This one sparked a lot of conversation with the team...
We're missing something like this in our current delivery and we're gonna add it *immediately.* xox
Loved new video editing
Thanks!
Ryan what kind of valuations are you seeing on ecom businesses these days? We just crossed 8-figure mark, no plans to sell right now but always curious as I've never built to sell and it interests me
Great fucking work Austin. Feels like you just started yesterday. Just reach out when you’re ready to go to market or you need help improving your valuation. I could give you an answer but it would be watered down and incomplete for a TH-cam comment.
@@RyanDanielMoran you got it. love and appreciate ya, thanks for all you give to the community!
Part 2, my friend.
your strategic focus on essential growth elements and realistic short-term goals offers a practical blueprint for entrepreneurs! 🌟 Setting a clear, achievable target for the next 90 days is a powerful method to maintain momentum and ensure sustained progress.
Love the info! Do you have any info on selling perishable food products (in this case frozen) on sites like Amazon or something similar? Thanks
Most of our brands in the fund are all shelf stable. Shipping costs make a frozen food brand difficult, but not impossible. The same principles still apply.
@@RyanDanielMoran Thank you Ryan. I will look more into what goes to selling frozen grocery items on Amazon. I am intending to serve an underserved food allergy community with a quality product after developing the food allergy myself last year. Thanks again!
what skills are most useful for building an ecommerce brand? hard skills not soft skills
Copywriting, content creation, and relationships
Hi Ryan! I bought your book and read the retire thing. I have so many ideas but I'm extremely confused on where to start, is there any way I can get some advice? Thank you!
Too many ideas usually comes from not choosing the person you want to serve. Choose that FIRST. If you need some free resources, download the playbook at Capitalism.com/playbook
@@RyanDanielMoran I know who I want to serve, it's just I'm having a hard time figuring out how to calculate the money I need to get started. I have a ton of time at the moment because I'm on disability but I get nervous when I can't do the math on certain things. I have the concept and the idea of the product I want to start with. I know who I'm going to be serving. The issue is I love calculating things and I get nervous and uneasy not having the information to make an accurate or an estimated assessment on how much I will need to start this. Since I'm very new at this, your book gave me the push to start going through with my ideas, but I'm a bit stuck. I'm sorry for the long message.
Holy...mother of God! I lost touch with your stuff years ago. I remember I did Affiliate Marketing back in the days. I remember I bought the RichJerk courses or Wealthy Affiliates back then from your link. I put all that behind me and went into a sales job and did good but now I'm tired of it and want to get back into all this and take serious. So I have a quick question.... do you STILL recommend Affiliate Marketing? Would you say going back to Wealthy Affiliate is the way to go today still?
Time to get caught up :) watch a few videos and you’ll see how I used affiliate marketing strategies to grow 8 figure companies.
This one has more practical value than courses I've purchased. I don't sell physical e-com (yet), but applying the principles to my service business has been helpful this week. Thanks @RyanDanielMoran
Thanks for watching Blake!
I’m 1st to comment
You win a beer or coffee next time I see you!
💯
Your numbers don’t earn $25k month! 4 products * $30= $120/day * 365days = $43k/yr gross! Not $25k/month
You are forgetting a pretty important part.... 4 products selling **25 units per day** at an average $30 price is a $1m biz
It's not 4 sales per day. It's 25 sales per DAY per product. So 25 x $30 = $750 per day per product. Four products doing 25 sales per day ($22,500) x 4 products = $90K per month. $1 Million
It’s 4 products at 25 sales a day at a $30 dollar price. 4x25x30 = $3000 a day
boom!