Noah Kagan Presents

Million-Dollar Solopreneurship with Justin Welsh (Classic)

63 snips
May 16, 2024
Justin Welsh, a solopreneur running a $1.7 million business, shares insights on creating content, being self-aware, and managing a business post-panic attack. He discusses the benefits of solopreneurship, the importance of personal growth, and strategies for scaling a one-person business. The episode also touches on tools for business operations, content creation, and building recurring revenue streams through automation and repurposing. Additionally, it explores business opportunities in emerging markets and reflects on the American dream.
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ADVICE

First $10,000 for Solopreneurs

  • Identify a skill you're good at and build a portfolio around it to offer services to companies.
  • Alternatively, learn a skill you're passionate about and teach others how to do it.
ANECDOTE

Panic Attack and Lifestyle Change

  • Justin Welsh experienced a severe panic attack that led him to re-evaluate his lifestyle and career.
  • He quit his executive job and adopted healthier habits, including cutting alcohol and exercising more.
INSIGHT

Control as Key Driver

  • Justin's panic attack stemmed from a loss of control at his previous high-pressure job, not simply overwork.
  • This experience shaped his current business model, prioritizing control and autonomy above rapid growth.
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