Book Review 02: 12 Months to 1 Million: How to Pick a Winning Product and Become a Seven Figure Entrepreneur by Ryan Moran

12 Months to 1 Million is a book written by Ryan Moran, an entrepreneur and business coach who has helped numerous entrepreneurs achieve success. The book is a step-by-step guide that outlines the process of building a successful e-commerce business and achieving financial freedom in just 12 months. In this review, we will take a closer look at the book and explore the strategies and tactics that the author recommends.

Overview

The book is divided into three sections, each of which covers a critical aspect of building a successful business. The first section focuses on picking a winning product, the second section covers building a real business, and the third section deals with becoming a seven figure entrepreneur.

Part One: Picking a Winning Product

The first section of the book provides a comprehensive guide on how to pick a winning product. The author explains that the most successful businesses are built around products that solve a problem or meet a need.

He recommends conducting market research to identify profitable niches and product categories. The author also stresses the importance of selecting products with high profit margins and low competition.

In this section, the author shares his personal experience of starting a business selling supplements. He explains how he identified a profitable niche and went on to build a successful business around it. The author provides valuable insights on how to create a unique value proposition and how to differentiate your product from competitors.

Part Two: Building a Real Business

The second section of the book focuses on building a real business. The author emphasizes the importance of creating systems and processes that can be scaled to meet the demands of a growing business.

He recommends outsourcing non-core tasks and automating repetitive tasks to free up time for more important activities.

The author also discusses the importance of building a brand and developing a strong marketing strategy. He shares his insights on creating a high-converting website, developing a social media presence, and building an email list.

Part Three: Becoming a Seven Figure Entrepreneur

The third section of the book provides a roadmap for becoming a seven figure entrepreneur.

The author discusses the mindset and habits of successful entrepreneurs and shares his personal experience of building a seven figure business. He stresses the importance of setting ambitious goals and taking massive action to achieve them.

The author also provides valuable insights on how to manage a growing business and how to maintain a healthy work-life balance. He shares his personal strategies for delegating tasks, managing stress, and staying focused on the big picture.

Key Takeaways by KaizenRoutine

Overall, 12 Months to 1 Million is a valuable resource for aspiring entrepreneurs and business owners. The book provides practical advice and actionable strategies for building a successful business from scratch. Here are some of the key takeaways from the book:

1. Choose a profitable niche and product category
2. Create a unique value proposition and differentiate your product from competitors
3. Build systems and processes that can be scaled
4. Outsource non-core tasks and automate repetitive tasks
5. Develop a strong brand and marketing strategy
6. Set ambitious goals and take massive action to achieve them
7. Manage stress and maintain a healthy work-life balance

Real life application of these takeaways

At present bringing all these takeaways into action is at the fraction of seconds if you’re wiling to with the use of innovative tools and platforms. For example:

A business operating completely online or has an online presences, using a platform such as Shopify would be of great use since:

Shopify is an e-commerce platform that provides a range of tools and services to help successful entrepreneurs build and grow their online business. Here are some ways in which Shopify can help in building a successful business:

1. Easy Setup: Shopify provides an easy-to-use platform for setting up an online store. The platform comes with a range of templates and themes that can be customized to suit the needs of the business. The setup process is straightforward, and even those without technical skills can quickly get started with their store.
2. Payment Processing: Shopify offers an integrated payment processing system that allows businesses to accept payments from customers. The platform supports a range of payment options, including credit cards, PayPal, and Apple Pay. This feature saves businesses the hassle of setting up their payment gateway and provides customers with a seamless checkout experience.
3. Inventory Management: Shopify provides a range of tools for managing inventory, including tools to find the winning product, tracking stock levels, setting up alerts for low inventory, and managing returns. These features help businesses to optimize their inventory and ensure that they always have the right products in stock.
4. Analytics and Reporting: Shopify provides detailed analytics and reporting tools to help businesses track their sales, inventory, and customer behavior. The platform provides insights into customer demographics, sales trends, and other key metrics, which can help businesses make informed decisions about their marketing and sales strategies.

As we applied the key takeaways of “12 Months to 1 Million“, Shopify provides a range of features and tools that can help businesses build and grow their online store. From easy setup and payment processing to marketing and analytics, Shopify offers a comprehensive solution for businesses looking to succeed in e-commerce.

How can I get the book?

1. Hard Copy – click here

2. Audio CD – click here

3. Audiobook – click here

Conclusion

12 Months to 1 Million is an excellent resource for anyone who wants to build a successful business. The book provides a step-by-step guide on how to identify profitable niches, create winning products, and build a real business. The author’s personal experience and insights make the book an engaging and informative read. If you’re an aspiring entrepreneur or a business owner looking to take your business to the next level, this book is definitely worth checking out.