How to Craft A Million Dollar Business - With Noah Kagan | Bonus Episode

The Futur with Chris Do

The Futur

Design, Self-improvement, Education, Business, Marketing, Arts

5 • 976 Ratings

🗓️ 25 December 2024

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, host Chris Do sits down with Entrepreneur Noah Kagan, the founder and CEO of AppSumo, as he shares valuable advice on cultivating the entrepreneurial mindset, recognizing business opportunities and persisting through challenges. Drawing from his personal and professional experiences, he delves into the significance of perseverance, problem-solving skills, asking the right question, and continual improvement in business. Noah Kagan emphasizes the importance of not just generating ideas but also their successful execution and the value they add. He talks about setting transformative financial goals, the power of validating business ideas, leveraging personal networks, focusing on one platform for growth, and the role of email lists. He also gives a peek into his upcoming book, 'Million Dollar Weekend'. Timestamps: (00:00) Noah Kagan on starting a business (01:00) Importance of experimentation and failure (04:00) Finding opportunities through frustration (07:00) Leadership and delegation strategies (10:00) The power of slow, steady growth (14:00) Insights on hiring and retaining talent (18:00) Building a million-dollar business (22:00) Business lessons from rejection and persistence (28:00) Monetizing creativity and solving problems Check out today's guest, Noah Kagan: Noah's Instagram: https://www.instagram.com/noahkagan/?hl=en Noah's LinkedIn: https://www.linkedin.com/in/noahkagan Noah's YouTube: https://www.youtube.com/@noahkagan Check out The Futur: Website: https://www.thefutur.com/ Courses: https://www.thefutur.com/shop Linkedin: https://www.linkedin.com/company/the-futur/ Podcasts: https://thefutur.com/podcast Instagram: https://www.instagram.com/thefuturishere/ Facebook: https://www.facebook.com/theFuturisHere/ Twitter: https://x.com/thefuturishere TikTok: https://www.tiktok.com/@thefuturishere Youtube:https://www.youtube.com/thefuturishere Check out Chris Do: Website: https://zaap.bio/thechrisdo LinkedIn:https://www.linkedin.com/in/thechrisdo/ Facebook:https://www.facebook.com/BizOfDesign Instagram:https://www.instagram.com/thechrisdo/ Twitter:https://x.com/thechrisdo TikTok:https://www.tiktok.com/@thechrisdo Threads:https://www.threads.net/@thechrisdo Zaap: https://zaap.bio/thechrisdo Clubhouse:https://www.clubhouse.com/@thechrisdo Behance: https://www.behance.net/chrisdo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Every business has been done, don't worry about it.
0:02.0	Think about it as a practice and experiment and you're just getting a rep in.
0:05.0	Because what will happen is you have your idea for your business, you Google it,
0:08.0	oh, this one person finally took the idea that was going to make me rich.
0:12.0	It's like you didn't even know that idea 10 seconds ago.
0:14.0	Don't worry about them.
0:15.0	Just think about it as an experiment and practice doing the process
0:18.0	so you can keep doing it until you find a thing that works. And most times, if you haven't heard of it, that's an opportunity. So Noah, I got to know you a lot better, actually through somebody that used to work for you.
0:52.2	His name is Aeman, and that's not going to be a surprise.
0:55.0	And the episode with Aman was like straight fire.
0:57.9	He was just dropping gems.
0:59.8	And if people haven't seen or listened to that, they need to check it out right now.
1:05.5	And so before we get to deep into this conversation, can you do me a favor?
1:09.1	Can you introduce yourself?
1:10.7	Tell us a little bit
1:11.4	about who you are. So there's some context. And I'm just going to jump right in. Who am I? That's
1:16.0	always a funny question. Do you start with business? How do we start? I'd say in the business world,
1:21.5	I've been figuring it out like most of us out there. And I figured out I don't like day jobs.
1:26.5	And then I figured entrepreneurship is the way
1:28.3	that you can control your livelihood and become a time millionaire. And you can also be a cash
1:31.8	millionaire. And so I started so many different businesses after working at Facebook and working
1:35.8	at mint.com. I was one of the early people of both those companies. I tried so many different
	...

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