Pay attention to the results that come from the tweaks you make to everything in your business – from systems, to workflow, to sales pages. It’s those little tweaks that will tell you what is working and what is broken. When you are able to optimize what is working and fix what is broken, you’re able to increase your profits. On this episode of Freedom Fast Lane, Ryan is excited to tell you the things he’s been working on that have generated the $1.1 million for this past month and how he thinks the changes being made will impact the company’s growth.
We’ve struck a deal (almost) with a major retail chain.
One of the things Ryan shares on this episode of Freedom Fast Lane is that he’s in talks right now with a major retail chain to sell one of his product lines in their stores. He’s excited about the possibilities (naturally) and is eager to get the agreement. The reason he’s so eager is because he’s confident that he and his team are going to be worlds ahead of the other brands in the space when it comes to marketing. His plan is to take over the market. You can hear why Ryan is moving this product line to a non-Amazon based sales solution and what he expects to come of it, on this episode.
In every business, you need to understand the impact the tweaks you make, are making.
Until you have your business firmly established and dominating your marketplace you need to constantly be assessing the things you do to make the business run. Team structure, workflows, personnel, software – anything that can create a bottleneck in your process and profitability needs to be examined. That’s because the things you change can bring tremendous results – and you want to notice what works so you can do more of it. You’ll also be able to see what is not working and do less of it, change it, or get rid of it altogether. Ryan’s got some strong opinions about the importance of the constant business maintenance that has to happen and he shares them, on this episode.
Every entrepreneur has to learn how to build and lead a team.
One of the things Ryan’s been learning lately is that he needs to become more adept at building and leading a team. He’s got a small team working for him now and constantly finds the challenge of maintaining good culture and building good systems to be difficult. But he believes that every entrepreneur HAS to learn how to do it because it’s the team that multiplies efforts and makes the business better, stronger, and more profitable. This episode is an up to date status report on Ryan’s businesses, including his personal growth journey – so you won’t want to miss it.
Acquiring businesses that can fuel larger dreams.
Ryan has been very outspoken about his goal to purchase the Cleveland Indians baseball team. It’s a dream – so naturally, it’s got to have a plan behind it if it’s going to come true. Ryan’s plan is to acquire and scale existing physical products businesses as a form of investment to fuel the revenue for that dream – and he’s chosen that approach because he feels it’s an aspect of business that he’s really, really good at. You can hear how those plans are going and about the “almost” acquisition of another business in his portfolio, on this episode of Freedom Fast Lane.
Outline Of This Great Episode
- [0:01] Ryan’s introduction to this episode: His revenue report for January 2017.
- [4:26] Dialing-in the launch process for non-Amazon products.
- [6:03] Striking a deal with a major retail chain: a different business model.
- [9:50] The supplement company: Body Vega Nutrition.
- [11:40] The health and profits of Freedom Fast Lane.
- [14:46] Ryan’s 3 year vision to invest in businesses.
- [16:30] Goals for 2017.
- [17:42] Ryan’s personal investments: wrapping up a multi-million dollar acquisition.
- [19:56] Real estate holdings, fulfillment, restaurant, possible investments with TRIBE members.
- [22:31] The new revenue for this month.
- [23:10] Personal life: Ryan’s little girl is growing and delightful – hiring and leading a team.
Resources Mentioned On This Episode
- Body Vega Nutrition
- Mike Dillard Episode of FFL
- Falcon Fulfillment
- Fresh Planet: Cleveland Ohio
- Cameron Herold episode of FFL
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