How To Grow a Million Dollar Business w/ AppSumo CEO

Is making a million dollars achievable for anyone? 🤔
Dive into this powerful discussion with Chris Do and self-made millionaire Noah Kagan, founder of AppSumo. Noah shares his journey from tech employee to entrepreneur, revealing the universal truths behind building a successful business. Discover the pivotal insights on bridging creativity with business, the art of solving valuable problems, and why persistence is your greatest asset in entrepreneurship.
Learn how Noah's experiences at Facebook and Mint.com shaped his approach to creating AppSumo, a platform generating $80 million in revenue. This talk is packed with actionable advice for anyone looking to escape the 9-5, harness their creativity for business success, and understand the real mechanics of making a million dollars.
🌟 What You'll Learn:
🚀 How creativity & business acumen can coexist for success.
💡 The importance of solving problems that people are willing to pay for.
🌱 Tips for nurturing persistence in your entrepreneurial journey.
📈 Strategies to grow your business from $12 to $80 million in revenue.
🤝 How to choose the right people to accelerate your growth.
✏️ In This Episode:
00:00 - Intro to the Million-Dollar Question
01:02 - Meet Noah Kagan: From Employee to Entrepreneur
05:34 - Maximizing Efficiency
09:41 - Noah's Defining Moment
10:45 - Learning from Failure
19:01 - Noah's Strategies for Business Growth
33:11 - An Employer's Perspective on Raises
36:59 - The Million Dollar Playbook Revealed
44:32 - How to Find Your Million-Dollar Idea
52:29 - Playing the Long Game & Experiment
01:06:29 - The Ultimate Game-Changers
01:10:46 - Concluding Thoughts
#entrepreneur #businessgrowth #businessdevelopment #businessstrategy
🫶 Where to Find Noah Kagan:
Instagram: / noahkagan
🎞️ Ayman Al-Abdullah YT episode:
• Are You Sabotaging You...
🔔 Subscribe and hit the bell to get inspired by the latest insights in entrepreneurship, creativity, and making your mark in the business world.
📚 For a deeper dive, check out Noah's book, "Million Dollar Weekend," and unlock the steps to financial freedom and success:
noahkagan.com/mdwbook/
🔎 Get access to more for FREE here:
thefutur.com/free-resources
🚀 Futur Accelerator
The step-by-step blueprint and coaching program designed to get your creative business off the ground:
thefutur.com/accelerator
🥇 Futur Pro
The professional creative community designed to grow your personal brand, your business, and your network:
thefutur.com/pro
✍️ Other Courses, Templates, and Tools:
thefutur.com/shop
🎙 The Futur Podcast:
thefutur.com/podcast
Recommended books, tools, music, resources, typefaces & more:
thefutur.com/recommendations
Music by Epidemic Sound:
share.epidemicsound.com/thefutur
Shorts Playlist:
www.youtube.com/@thefutur/shorts
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*By making a purchase through any of our affiliate links, we receive a very small commission at no extra cost to you. This helps us on our mission to provide quality education to you. Thank you.
--
Host: Chris Do (Bald Asian Guy Talks About Business)
Cinematographers/Editors: @RodrigoTasca & @Tascastudios MOCS Media
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[@thefutur]

If you want to catch the episode with Ayman - kzbin.info/www/bejne/Zn6qg4SMpsZ3lZI

[@TUFF-FPS]

thank you

[@theprintforge]

My 2 favourite interviews have been this and Ayman's, yet never put the connection together until after watching this. Both great businessmen, with very different styles.

[@thefutur]

One-two punch combination.

[@Mr.LivingLife]

So true. If you want your salary to grow you gotta help the company grow too. Always best to negotiate your value to the company to get a raise.

[@leadgenjay]

Great insights on the intersection of creativity and business from Noah and Chris. One key takeaway for entrepreneurs is to focus on building a solution to a problem that's not only valuable but also scaleable without a ton of upfront capital. Start small, test your ideas in the real market, and iterate quickly. Wonderful content.

[@thisricardopalma]

The issue with this is in my opinion: we are giving away our power with "solutions" to "problems" to biz ideas and products instead of onwing the cause without the use of anything outside.

[@sergypantileev4658]

Fire! I love the way Noah communicates with his employees regarding salaries.

[@ajonesprod]

Just bought Noah's book, looking forward to reading it. His chill approach is pretty infectious and sits with me rather than people shouting at me on my screen. lol Thanks Chris great content.

[@thefutur]

Hope you enjoy it!

[@ThePoorKids]

The other crossover I didn’t know I needed.

[@alecjones6210]

Found you, Chris, and Noah on the same day about a week ago through two different mind changing and life altering videos separately. I was thinking to myself “what wouldn’t I give to hear them two men talk about business..”.. and here we are. Thank you so much for this.. couldn’t be more grateful. Let’s change lives.

[@thefutur]

Welcome aboard!

[@clutchkick2020]

Question about showing how work is done and how we do it: When clients see how simple and easy the work is, they may question paying a large amount. How can we ensure that our work is still perceived as valuable and justify our pricing, especially to big-budget clients?

[@vincenthovorka]

This video really sheds light on key principles for building wealth and securing a prosperous future. Thanks for the valuable insights!

[@thelifewithnate]

Good insight! Personally, I have not made a million dollars in my lifetime but I'm only 28 lol, so I got time. I want to point out that owning a business it not for everyone though at the same time. Entrepreneurship has been over-glorified when in reality it is one of the hardest things to pull off without sustained effort across years and even then you may fail. The point is that everyone has the capacity to do so, but a lot of people are okay with the traditional 9-5 route and just enjoying their weekends off. Cheers!

[@ivievg]

Just purchased the book! Thank you for another insightful video!

[@HowtoRestoreHeadlights]

No joke, the kicker to get me to watch was the book title on that little green book

[@MaxRuso]

Chris rules! Always interesting insights

[@Camilla-tc8vq]

The perspective shift is mind blowing!

[@basketball255tz]

This is so amazing..! and it happened with me and my company, this is our nine years in business and still there is no Cash flow..!

[@CryptoGrit]

First mover advantage and consistency is really what wins on KZbin ^^ one year in so far xd

[@tenlivesmedia]

1:02, I just want to know if there was an edit when Chris was shaking his head after he said “gems.” As a videographer I just want to know if my eye is right in that detail 😅 this is my favorite channel BY FAR. So much value as always. 👏🏼👏🏼👏🏼

[@thefutur]

Thank you. I don't think anything was edited out.

[@japmandeepkaurg]

Heard Ansh Mehra talking about this in his recent videos, what a coincidence! Thankyou for this and keep up the good work peeps🛐🛐💪

[@AleenaMalik]

Noah again!!! For reference I saw him on with both Lewis Howes and Tim Ferris- both give great value from different approaches! Thank you @noah for sharing a variety on the different shows as its not redundant to watch these pop up ❤🎉

[@thelifewithnate]

Tim Ferris and Noah Keagan are names I know well from the material that I have studied. I don't know about Lewis Howes though, thanks for the recommendation!

[@AleenaMalik]

​​@@thelifewithnate I highly recommend not just the interview but checking out the whole channel. Some insightful guests 👌🏼

[@Nikita-hd7tw]

This episode risks becoming one of my favorites. Thank you guys!

[@thefutur]

We like that!

[@kamm3021]

Interesting

[@iamthekaverik]

39:35 … i realise what just happened 😌, and i am happy to have done so

[@DesignWho]

I love the way Mr Kagan thinks 46:45 Thanks for sharing

[@thefutur]

You bet!

[@auroraflash]

Life is way easier once you reach a solid 100k and problems becomes a different term by itself.

[@thelifewithnate]

You got to remember though, depending on where you live like a High Cost of Living (HCOL) area like New York or California as an example, 100k is like 60-70k after taxes. Maybe even less! Cheers!

[@auroraflash]

@@thelifewithnate these weird landlords always win

[@outsidehawaii]

Great talk! Iʻd like to see the "mechanics" of actually taking your validated business idea onto the internet...website builders, marketing, language...etc. That would be very helpful to me and possibly others.

[@thefutur]

Great suggestion!

[@dfd4688]

Fantastic!

[@PixelChomp]

Every video has so much value! Thank you for the amazing interview. Book purchased!

[@thefutur]

Our pleasure!

[@ivanabrutenic]

You two 🤩. Valentine' s present ❤😊

[@viczvapo]

lol for real

[@gridhop]

This was really great, thank you for this content!

[@thefutur]

Glad you enjoyed it!

[@willcapozzi]

Great concepts. I am doing photography on the side and trying to find ways to make it scalable. Biggest problem I hear from people is that they think it's too expensive. Just need to find a process that's cheap and scalable...

[@thelifewithnate]

How interesting! Perhaps you could scale up to having a photography agency where you rent out your equipment to beginning photographers? That may be a way to scale up over time!

[@willcapozzi]

@@thelifewithnate that would be a possibility but there is a camera store near me (I know, it's rare) that does rentals. I was thinking of selling skills. Everyone thinks their cell phone is amazing, why not play on that and charge them to use photographer skills to take pics with their cell phone. It could be a way to introduce them to the process of a photo shoot and the value of having a photographer. Then you just have to mix in the big camera and some strobes to win them over.

[@WilderNW]

As a photographer as well, I suggest breaking away from selling your photography, and instead use it as part of something bigger. I am outdoorsy, asocial and love photography. I am getting into nonfiction book publishing where I can use my photography skills to create something that sells long-term. I'll be doing photography throughout the year to create my books. Not sure what kind of photographer you are, but something to think about.

[@MyBucketL1st]

Hey Chris I'm loving this format but can we please bring back the frequent white board sessions... much love from South Africa

[@thefutur]

We just dropped a 2-hour long masterclass did you see that? Or the bootcamp series?

[@MichaelWilliams-lo3ix]

Awesome

[@RacksAG]

Dropping Jams

[@reecemartinez4895]

"You dont have to be Asain" 😭

[@thefutur]

💀

[@andre.gonsalves]

Noah isn’t a likeable guy, but this interview is fire! Captures the learnings and wisdom every long time entrepreneur has experienced, especially in the digital era.

[@thefutur]

He isn’t?

[@ThisDesignLife]

Can't beleive you said Damien Hirst is your fav artist, have you seen his latest work?

[@FreeAgentIJJN]

13:03

[@thedesignergamer]

Just do it. Just ask someone!

[@thedesignergamer]

@thefutur did I get your attention? That's good. I don't do Whatsapp. It's kind of a lifestyle decision. Any other way to contact for "profitable insights"?

[@johnkenney501]

Anyone can make a million in a weekend, but not everyone. I haven't done the research or math, but I don't believe there's enough money in circulation for everyone to make a million. I suppose it may be possible for everyone to get a million eventually, at different times, assuming most are irresponsible and are willing to spend their million and return to their previous financial situation.

[@thelifewithnate]

Not everyone is meant to go on the path for entrepreneurship with finding problems to solve. A lot of folks are simply happy with the traditional 9-5 route and just enjoying their weekends off. Besides, making a million in a weekend is misleading as a title as I am somewhat skeptical unless you got the capital to back it up lol.

[@thefutur]

Not everyone will read this book. Fewer will do what it advised.

[@shakaguru1896]

Where is the Aman vid?

[@marv290]

😂😂 how did i miss this interview. I love the app sumo story but Warhol and Damien are not great artists?!?! Lol @chrisdo that should have been your clip art for the video lol.

[@thefutur]

Haha 😂

[@TUFF-FPS]

Hi, can you provide the aimon podcast link?

[@thefutur]

kzbin.info/www/bejne/Zn6qg4SMpsZ3lZIsi=Pp4JiNyzInZCv5LX

[@Hello.960]

Can you please upload videos in hindi language also❤

[@LRG53]

@55:00

[@DriveToThriveShort]

God damn....

[@thisricardopalma]

😅😅 not every "problem" needs to be "solved" with a biz idea man! Chris's example could be just a behaviour adjustment instead, and no, we don't need a coach or app telling us what and how to do it...

[@RoseAnn_Diary]

Did Noah thinks he's older than Chris?😂😂 I was listening to podcast and he mentioned that I've been making videos before you were born” 😂😂😂😂

[@thefutur]

He must’ve.

[@goobycha]

Noah is not familiar with Asian gene

[@eikonagrfxsmedia]

so what is you're end game chris do?

[@thefutur]

Break the school system and replace it with

[@eikonagrfxsmedia]

@@thefutur You should, I went to Parsons School of Design in the 80s and didn't learn any of this.

[@eikonagrfxsmedia]

So, I'll bite, with what?@@thefutur

[@nicolasprimout5944]

Talk about a clickbait😅

[@HowtoRestoreHeadlights]

Lol

[@rodrigotasca8735]

Isn't it clickbait when they don't deliver on the title?

[@thefutur]

Let’s talk about it

[@EtienneUnfolds]

Mentioning ‘I’m dating a Latina’ right off the bat seems more like a nod to outdated stereotypes than genuine appreciation. As a Latino, I find this approach reduces rich cultures to mere talking points. True success, both in business and life, should come with a deep respect and understanding of all cultures, not just superficial acknowledgments.

[@thefutur]

What’s the proper way to say it?

[@EtienneUnfolds]

@@thefutur Think you missed the point. But I enjoyed this talk between a white guy and an asian dude. 👍

[@johanna.cabral]

As a Latina, I find nothing wrong with him saying that. He’s happy to have some Latin spice in his life. Heck yes! 💃🏻

[@yourbrandstrategist9735]

You just HAVE TO not be in Italy. 😒

[@thefutur]

How come?

[@MoazGamal-xi3se]

I love the futur but as a Muslim i don't accept him mocking quran

[@thefutur]

That was unfortunate. I didn’t feel he was mocking it.

[@mdnahidseo]

Do u need a professional youtube thumbnail designer?

[@auroraflash]

Is it 48h in 4h-weeks spread over 12 weeks or is it 48h no sleep? 😂

[@thefutur]

I think it's an expression. as in 2 days you can do this. but not literally with no sleep.

[@OHANA-Beach-Suites-CDO]

Love learning from you guys! 💪🔥🔥🔥🏆🏆🏆🏝️🏝️🏝️🏝️🏨🏨🏨🏨🇵🇭

[@fatboywins]

Was his first statement, i am dating a latina? That aside, his rule of 100 is one of the momest revolutionary things i have learnt, currently implementing it.

[@dianaingles3019]

I got a lot of good information from this interview. I've been building a brand for 4 years and it's been an education. Looking forward to reading your book. :-) @wildrouted