On this week’s episode of Freedom Fast Lane Ryan Daniel Moran talks about how to make one million dollars and what to do with it once you make it. For many people the one million dollar mark encapsulates the idea that you will be secure and happy for the rest of your life. However, Ryan reveals it doesn’t always happen how you think it will. If you want to know the secret to making, investing and keeping one million dollars within two years, so you are set for life, you need to listen to this podcast.
Main Questions Asked
- How to make a million dollars
- How to keep a million dollars
Key Lessons Learned
- Concept #1: Develop an offer and get the offer out there
- Convert eyeballs into customers
- Get good at copywriting and convergence
- Ask yourself: How do I write a sales message so I can turn people into customers?
- Learn the ‘twelve points’ sales letter process
- Research long form sales letters
- Ensure you have a great product
- Build relationships with people who already have audiences
- The fastest way to sales is to take product and put on big sales channels
- Find out where people ‘hang out’ and put your product in front of them
- People buy from recommendations of other people
- Combine good product with good convergence and good relationships
- Concept #2 Build a company and sell it
- Use a good product, good channel and marketing message that makes people want to buy your product
- How to keep a million dollars: Take $500K and invest in residential real estate
- With the remaining $500K break it up in the following ways:
- Put 5%; $50K in savings and never touch it for emergencies only
- Put 20%; $200K into growth stocks which will be used as your retirement
- With the remaining 25%; $250K put this into real estate investment trust or dividend paying stock that have been increasing yearly
- There is no connection with how much money you make and how much time you spend earning it
On your iPhone? Listen on iTunes here.
Links to Resources Mentioned
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Want to know how to make and keep $1 million in two years? Listen to this week’s podcast! #millionaire
There are two ways to make a #million dollars. This week’s episode of Freedom Fast Lane tells you how!
Ryan Daniel Moran
Ryan Daniel Moran is one of the most sought after speakers and thought leaders on lifestyle freedom in the world. He specializes in creating extremely profitable cash flow streams and businesses without compromising your lifestyle. Ryan is passionate about inspiring, educating, and empowering people to live extraordinary lives, and he believes that anyone can live the life of their dreams as long as they take responsibility for their results and take consistent action toward getting what they want. When Ryan isn’t inspiring his listeners and readers, you’ll find him at an improv show, a Cleveland Indians game, or traveling the world.