Noah Kagan: He Built A $271M Company Working 5 Hours Per Day

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 9 October 2023

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Noah Kagan runs an $80M revenue per year e-commerce company AppSumo (valued at over $270M), has 1 million subscribers on his YouTube channel AND has more free time than most entrepreneurs.

In this interview Ryan asks him how he accomplishes really big things while also living a great life and how he gets some of the best advice from different industry leaders without having to break the bank and hire extremely expensive team members.

Noah shares his strategy to building his massive company and how he accomplishes massive goals, all while working only 5 hours per day.

To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:

http://www.Capitalism.com/Million

Timestamps:

0:38 - Ryan Introduces Noah Kagan

1:20 - Interview With Noah Kagan Begins

1:40 - Building AppSumo Up For 5 Years Before Taking Profits

4:00 - Keeping Life Expenses Low

6:00 - Ryan First Meets Noah At An Ayahuasca Retreat In Guatemala

17:30 - Confidence Vs. Courage, Embracing Discomfort For Success

18:50 - How AppSumo Really Hit It's Stride - Up To $80M/Year

25:00 - Building The AppSumo Team And Hiring

28:25 - How Noah Creates Work/Life Balance

31:00 - Noah's 2 Strategies For Accomplishing Big Goals

35:00 - How Noah Creates Effective Viral Content As A Pro

40:00 - YouTube Growth Strategies

46:00 - What Noah Has Learned Asking Rich People How They Made Their Money

49:00 - Going For The "Easy Yes" And Business Networking

54:00 - Stacking The Deck For Success & Noah's Book "Million Dollar Weekend"

1:02:00 - Ryan's Outro And Takeaways

Transcript

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0:00.0	I'd say there's two strategies that have worked exceptionally well to run an $80 million business.
0:09.0	Popular to YouTube channel and a million subscribers.
0:11.0	You can do this in every aspect and it's the cheapest way to get pro advice.
0:15.0	That doesn't add up to me.
0:16.0	Tell me more.
0:17.0	What I learned from working for Zuckerberg directly was every single week at the end of the week,
0:19.5	I basically asked myself three questions. Absumo took off immediately. I built something
0:22.7	people actually really wanted right away. This year we'll do something around 80 million
0:26.1	top line revenue. I got to a point where I was worried that I had nothing to show for,
0:30.5	that I've been building this company making no money for many, many years. Only until year
0:34.8	five, was there actually enough profit? I couldn't reinvest it. I was like, all right, I'm going to take some of the table for me.
0:39.2	Noah Kagan runs an $80 million a year e-commerce company, has a one million person YouTube
0:44.6	following, and has more free time than most of us. So in this interview with Noah, I ask him how
0:51.0	he approaches accomplishing really big things while also maintaining a life.
0:55.4	I also ask him how he gets the best advice from some of the industry leaders without having
1:01.4	to break the bank and hire really expensive team members.
1:05.0	In this episode, Noah shares how he breaks down really big goals, how he accomplishes things
1:10.6	that most people take a lifetime to accomplish, and how he does it really big goals, how he accomplishes things that most people take a lifetime
1:12.5	to accomplish, and how he does it all while still living a great life. This is a wide-ranging
1:17.9	interview with my friend Noah Kagan. So Noah, sometimes the way that I like to begin these
1:22.6	conversations is just to ask, how did you make your money? I made all my money at appsamo.com.
1:29.9	So I tried 10 years working at a cubicle at Intel, living at my mom's house. I was early employed number 30 at Facebook,
	...

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