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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI318: Million Dollar Weekend w/ Noah Kagan

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 15 January 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

Patrick Donley sits down with Noah Kagan to talk about his new book, "Million Dollar Weekend". You’ll learn about the early struggles of Noah’s career, the two main things that hold people back from their entrepreneurial dreams, why launching a business doesn’t need to be risky and why now is the best time to do it, why Noah walked out of a Tony Robbins seminar, and much more! IN THIS EPISODE, YOU’LL LEARN 00:00 - Intro 03:05 - What some of the hardships and sacrifices Noah’s made to get to where he is. 03:05 - Why it so important to just get started working on your dreams now. 05:48 - What his thoughts on mentors are. 06:28 - How to learn the power of asking for what you want. 10:28 - What Noah learned from talking with first class passengers. 14:38 - What the writing process was like for Noah. 18:21 - What holds people back from launching a successful entrepreneurial venture. 18:31 - How to practice the idea of “now, not how”. 18:31 - Why to set rejection goals. 23:18 - How to calculate your freedom number. 25:26 - How minimalism played a role in his success. 25:26 - Why he is working on simplifying his investments. 27:57 - Why you need to find the thing you’d do for free, but that is hard. 30:12 - Why having a day-job can be risky. 32:20 - How Noah’s experience in real estate investing went. 32:20 - Why entrepreneurship doesn’t need to be risky. 38:28 - Why Noah walked out of a Tony Robbins seminar. 40:13 - How to think about growing an audience. 48:12 - What he sees himself doing in ten years. 48:12 - How he built a $100 million dollar/year business using the framework in his book. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Recommended Book: The Everything Guide to House Hacking by Robert Leonard. Recommended Book: Million Dollar Weekend by Noah Kagan. Recommended Book: The Artist’s Way by Julia Cameron. Recommended Book: The Power of Full Engagement by Tony Schwartz. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Patrick: Twitter Connect with Noah: Website | YouTube | Twitter | Facebook | LinkedIn Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.2

But go look at the people that are doing it. And I think that's part of what my YouTube channel and all this is about is like, if you just learn the power of asking, which is part of what million dollar weekend's about, like if you want to be an entrepreneur, if you want grocery money, if you want to be a millionaire, if you want to be a millionaire, if you want to be a millionaire, you want to be a billionaire, you have to learn about how to start now. this is the number one problem.

0:19.0

And the second thing that people need to work on is how to ask for things.

0:24.6

Hey, everybody. In this week's episode, I got to sit down with Noah Kagan to talk about

0:29.4

his new book, Million Dollar Weekend. We talk about Noah's early career struggles, why having

0:34.8

a W-2 job can be risky, why now is the best time to start your

0:39.0

entrepreneurial venture, and how he's built an eight-figure business using the exact

0:43.2

principles he shares in his book, Million Dollar Weekend. After graduating from UC Berkeley,

0:48.7

Noah became employee number 30 at Facebook, where he reported to Mark Zuckerberg. He was

0:53.6

employee number four at Mint, and he's to Mark Zuckerberg. He was employee number four at Mint,

0:55.4

and he's created multiple multimillion dollar businesses. Since 2010, Noah has been chief sumo at

1:01.3

Sumo Group, an eight-figure company which offers e-commerce and marketing tools that help millions of

1:06.6

small businesses. I've been a big fan of Noah since I heard one of his podcasts in the early

1:11.4

days of the Tim Ferriss show. So this was a blast for me to get to talk to him about his life

1:15.8

and career adventures. There's a lot of business and life wisdom that Noah shares in this one,

1:20.6

so make sure to give it a listen to the end. And so, without further delay, let's dive into

1:25.9

this week's episode with Noah Kagan.

1:28.2

You're listening to Millennial Investing by the Investors Podcast Network, where your

1:33.8

hosts, Robert Leonard, Patrick Donnelly, and Kyle Greve, interview successful entrepreneurs,

1:39.7

business leaders, and investors to help educate and inspire the millennial generation.

1:45.0

Hey everybody, welcome to the millennial investing podcast.

1:55.0

I'm your host today, Patrick Donnelly.

...

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