In this week’s episode of Freedom Fast Lane Ryan Daniel Moran speaks with Jon Nastor who is a ‘software as a service guy’ with a background in developing software and selling it as a business. Jon outsources the whole process, automates and systemizes his entire business model. He talks on how he manages so much without getting involved in the daily grind as well as why he doesn’t believe competition is real.
Main Questions Asked
- What do you mean when you say “there is no competition?”
- How do you advise someone who has ideas but doesn’t know how to bring them into the real world?
- What about the person who doesn’t know what to do with their excitement?
- How do you turn excitement into actionable results?
- What is the first thing one should do in order to bring an idea into fruition?
- At what point do you strategically go for profits?
- Do you think consolidation may hinder new entrepreneurs entering the market?
- How have you been able to separate yourself from the details of business while still being a business owner?
Key Lessons Learned
- The ‘rules’ are what we set up in our own lives
- You don’t want to start a business/product that doesn’t already exist online
- Look for competition when you are considering entering a market
- Find the ‘bottom of the barrel’ in the market you are considering entering
- People who are your competitors are often your best alliances
- When entering a market contact the best people and get in alignment
- Try and reach hyper-target people as they have already spent money in your market
- People get bogged down planning and not enough time acting (don’t over think your idea)
- You have to be flexible at all times otherwise you shouldn’t be an entrepreneur
- Pass your excitement onto someone else who has skills in your deficiencies
- Your movement creates more movement, so start moving and don’t be scared where you will end up
- Before you create a product, find out what your market is and how you will take it there
- Put yourself into a position of ‘authority’ & be intentional about creating relationships
- Position yourself around influencers who can support your vision of success
- The first step to being successful is defining what your personal success looks like
- If you facilitate networking, it opens up opportunities for you
- Build an audience from the information your network has provided
- Find out what your audience wants and give it to them
- Focus on the ‘leverage points’ (things that are producing results)
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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.