In this episode of The Founder Podcast, host Chris Lee interviews Noah Kagan, the founder and CEO of AppSumo. Kagan shares the story of how he built AppSumo from a side project launched in 2010 to a company now doing nine figures in annual revenue.
Kagan discusses his early career working at companies like Facebook and what he learned from being fired from both roles. He talks about starting AppSumo as a way to capitalize on opportunities in the Facebook platform and iPhone app markets. Kagan also shares tactics like using elite advisors to accelerate his learning.
Listeners will learn about Kagan's philosophy on work, including his belief that everyone should aim to become an entrepreneur. He discusses principles like getting started now rather than worrying about how something will work. Kagan also talks about overcoming the two biggest fears holding most people back - starting and asking.
The episode provides valuable insights for entrepreneurs, including Kagan's view that ordinary people can achieve extraordinary success through consistent application of the right principles. It offers a behind-the-scenes look at Kagan's journey to build AppSumo into a nine-figure business through relentless experimentation and getting outside his comfort zone.
Highlights:
"Most innovation does not come from experts."
"I would argue that everyone wants to be rich and have the ability to be rich."
"What do you wanna work on for free? And how do you make that your career."
Timestamps:
00:00: Introduction
04:35: Mark Zuckerberg's Leadership
11:23: Time Managment
18:50: Overcoming Fear
24:56: Asking For Sucess
29:24: Consitent Effort
38:12: Your Purpose
48:48: Mindset
55:00: Personal Growth
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