Masters of Scale

You could start a company this weekend, w/Noah Kagan

57 snips
Jun 20, 2024
Noah Kagan, a serial entrepreneur known for founding AppSumo and his engaging online content, empowers listeners to kickstart their ventures. He shares his journey from employee number 30 at Facebook to launching a successful software marketplace. The discussion highlights the importance of understanding your 'freedom number' for achieving steady growth. Kagan emphasizes resilience in the face of challenges, effective marketing strategies, and the significance of taking that first entrepreneurial step, proving anyone can start a company this weekend.
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ANECDOTE

Early Career Setbacks

  • Noah Kagan felt insecure working at Facebook and Mint, surrounded by Ivy League graduates.
  • He was fired from both companies, fueling his desire to prove himself.
INSIGHT

AppSumo's Origin

  • AppSumo originated from Kagan's own need for affordable software tools.
  • It started as a hobby, helping him get deals and promoting software, eventually evolving into a business.
ADVICE

Find Your Freedom Number

  • Calculate your "freedom number," the minimum monthly income needed to quit your job.
  • This helps determine if your side hustle can support your desired lifestyle.
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