Being a Father & Entrepreneur

By Ryan Daniel Moran

I became a dad ago when my daughter, Esther, was born 8 years ago.I had no idea how much it would change how I think about being an entrepreneur.It put me on the path to cross $1 million for the first time and eventually have an 8-figure exit.Before I became a father, I thought “month-to-month.”Every few months, I changed my focus.For awhile, I was into affiliate marketing… and then I’d be into stock market trading.I’d live in Austin for a while, and then I’d live in Thailand for a month.All of this is fine and well… you are supposed to do this when you are young. But once I became a father, I was forced to think much, MUCH longer term.Instead of thinking month to month, I started thinking in decades (or longer).Once I started thinking long term, I realized a few things.I discovered:- I could retire with over $25 million if I simply invested $100k per year into index funds- I could build a $100m portfolio if I committed 10 years+ to investing in and/or buying businesses – I could build a huge audience (and a legacy) if I stuck to one thing for a long period of time- I could leave my kids with a billion dollars if I could invest a million dollars per year and die at 85 (I plan to live longer than that)- I could achieve and maintain optimal health if I did the little things for a long time. Once I started thinking long term, the day-to-day became much more manageable. I stopped worrying so much about getting somewhere fast. I focused more on the process of getting there. The longer term you can think…The faster you will get to where you want to go… and the less stress you will have.For example…Figuring out how to build a $100M net worth by next year is stressful. But…Building a $100 million net worth over 30 years is pretty easy.Figuring out how to build a million dollar business in 3 months is stressful.But building a million dollar business over the course of a year… or, heck, FIVE years… is easy.Becoming a father helped me realize…The longer-term you can think, the more successful you will become.Happy Father’s Day to all the dads out there.

I’m rooting for you,
Ryan

P.S. If you have at least a 1-year time horizon, you can build a million dollar business.

If you have at least a 10-year time horizon, you can become a multi-millionaire.

If you have a 30-year time horizon, you can become very, very wealthy.

The process is the same… but the long term results compound into something incredible.

Whenever you’re ready to start your Road to $1 Million, come join us inside The One Percent.