$270,000,000 Worth of Business Advice From Noah Kagan

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#84 What did you do last weekend? You could have started a business, according to Noah Kagan, entrepreneur and founder of AppSumo. In this episode, he shares his journey from launching a simple student discount card to building multimillion-dollar businesses. He emphasizes the importance of starting small, recognizing everyday problems as business opportunities, and validating ideas before scaling. Dive into Noah’s practical advice for transforming simple concepts into enterprises and get going on your dream!
Get Noah Kagan’s book: Million Dollar Weekend here: erika.com/million-dollar-weekend
Timestamps:
00:00 - Intro
02:17 - How Noah made his first dollar online
03:43 - Taking inspiration from his first dollar to his current business
06:21 - Finding and hiring talented CEOs
07:36 - Importance of clear goals and commitment to brand
09:20 - Becoming a better leader going from $1 to 100 million dollar business
17:35 - What Noah got right from the beginning
24:55 - Transparency in business, sharing salaries and profits with team members
33:24 - The easiest way for people to make their first dollar
39:42 - Recommended businesses for people to try
46:39 - What people are getting wrong when starting a business
51:54 - Overcoming fear and pursuing your dream business
56:30 - Launching a business and taking action to achieve financial goals
1:00:24 - Noah Taught Me
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[@EcomCarl]

💡 Noah's advice on starting small and focusing on making that first dollar is pure gold! It's all about taking that initial step, no matter how small, towards your entrepreneurial goals. The journey to success often begins with just one simple idea and the courage to act on it.

[@patriciasatterly]

That was an hour well spent. Thanks Erika and Noah. What a great video! Will definitely buy the book - hoping to be on your podcast soon as living proof the Million Dollar weekend works!

[@ErickaWilliamsCC]

great sharing the downside and folks quitting. Thank you for sharing.

[@saishore]

Fantastic session from you both. Excited to see where this takes me, flame is lit. (earmarking this for a future session for myself haha)

[@noahkagan]

5th!!

[@lizziee596]

Such a great episode! Definitely sparked something inside to start a business I've had in mind for some time🎉 Thank you Erika for the content😊

[@normaturner6042]

You're making a difference!

[@rishandprish]

Help people...and make money 😊

[@jefflycan2524]

Good convo! Start today, invest in yourself!

[@carolbelli861]

Really enjoyed your interview with Noah - very motivating - starting to think about what's annoying me and what I'm paying too much for - thank you for this fun conversation with Noah Kagan! Considering his book!

[@rodneystorie9161]

Starting a business is great, but what do you use or what can you use to file business taxes and make sure you're doing it correctly?

[@-QandA]

Great episode!!

[@Financedude-6003]

Thanks

[@gma1389]

Thank you.

[@gingerlockhart6861]

Congrats on getting Noah...but I don't get the censoring? It's disruptive to the experience.

[@RayfordRaySiegel]

He should just not cuss, then. Also, why are you asking whether you get the censoring or not? That should be a statement.

[@dialac1]

Most KZbinrs are more concerned about their coin than giving their viewers an authentic experience

[@eaglefly9206]

Erica are you looking for photographer?

[@samtx5518]

Okay 3rd

[@rodneyjenkins6931]

2nd!

[@qwazy0158]

1st!

[@Craig121000]

To be a millionaire, you're:" Obsessed with money. Chasing social status. Unable to place the goalposts by settling on a lower figure. And ultimately, you're actually playing the Capitalist game that someone else created.

[@robertgarcia-zn7ed]

Too bad I don't have any direction

[@joeyparra3937]

Uncle Noah! "Peew Peew!!!" 🔫- I heard Noah has a really fancy toilet 👌💰💎