#63: Employee #30 at Facebook to Founder of AppSumo: Noah Kagan's Journey

The Founder Podcast

Chris Lee

Business, Entrepreneurship

5 • 1.4K Ratings

🗓️ 2 January 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of The Founder Podcast, host Chris Lee interviews Noah Kagan, the founder and CEO of AppSumo. Kagan shares the story of how he built AppSumo from a side project launched in 2010 to a company now doing nine figures in annual revenue. Kagan discusses his early career working at companies like Facebook and what he learned from being fired from both roles. He talks about starting AppSumo as a way to capitalize on opportunities in the Facebook platform and iPhone app markets. Kagan also shares tactics like using elite advisors to accelerate his learning. Listeners will learn about Kagan's philosophy on work, including his belief that everyone should aim to become an entrepreneur. He discusses principles like getting started now rather than worrying about how something will work. Kagan also talks about overcoming the two biggest fears holding most people back - starting and asking. The episode provides valuable insights for entrepreneurs, including Kagan's view that ordinary people can achieve extraordinary success through consistent application of the right principles. It offers a behind-the-scenes look at Kagan's journey to build AppSumo into a nine-figure business through relentless experimentation and getting outside his comfort zone. Highlights: "Most innovation does not come from experts." "I would argue that everyone wants to be rich and have the ability to be rich." "What do you wanna work on for free? And how do you make that your career." Timestamps: 00:00: Introduction 04:35: Mark Zuckerberg's Leadership 11:23: Time Managment 18:50: Overcoming Fear 24:56: Asking For Sucess 29:24: Consitent Effort 38:12: Your Purpose 48:48: Mindset 55:00: Personal Growth Live Links: 🚀 Join my community - Founder Acceleration https://www.founderacceleration.com 🤯 Apply for our next Mastermind https://www.thefoundermastermind.com ⛳️ Golf with Chris https://www.golfwithchris.com 🎤 Watch my latest Podcast Apple - https://podcasts.apple.com/us/podcast/the-founder-podcast/id1687030281 Spotify - https://open.spotify.com/show/1e0cL2vI1JAtQrojSOA7D2?si=dc252f8540ee4b05 YouTube - https://www.youtube.com/@thefounderspodcast

Transcript

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0:00.0	Hey Founder Nation, I am super excited to bring to you Noah Kagan, founder of Apsomo.
0:06.1	You've probably seen this guy all over YouTube. He has over a million subscribers.
0:09.7	This guy is absolutely phenomenal. He interviews all of different kinds of people, finding out how
0:14.9	they live in their homes or doing all these uncomfortable things that get him out of his comfort
0:20.2	zone. I am so excited to share this episode with you go ahead and dive on it let's go
0:27.9	Yoyo! Welcome to another episode of the founder podcast today I am joined by Mr. Noah Cayen. This guy is the
0:36.9	builder of empires. He is the founder of AppSumo.com. They are currently doing nine figures in revenue, blowing the lid off.
0:47.7	He's got a new book coming out January 2024 that we're super excited to talk to him about.
0:54.1	Welcome to the show Mr. Noah.
0:56.1	Damn, Chrisley, you bring the energy, like I can't wait to listen to this podcast
1:00.7	just to hear your enthusiasm again.
1:02.4	Apsum is not, not at nine figures. listen to this podcast just to hear your enthusiasm again.
1:03.0	But Abstu was not at nine figures, we're almost there,
1:05.7	which is still unbelievable to me over the past 13 years
1:09.2	bootstrapped to get to that level of revenue and business.
1:12.3	That's crazy.
1:13.2	So you started this thing 13 years ago, like what did it look like when you got it
1:17.2	rolling?
1:18.2	Yeah, man, so I grew up Bay Area, I've been involved in in tech so I just got to share a little
1:23.1	of that background like I got fired at I worked at Intel I quit and I was number 30 at
1:28.3	Facebook got fired I helped start mint.com which got bought for 200 million got fired there and then I just
1:35.4	had to figure out my own way and so tried a bunch of different things got funding from
	...

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