Brutally Honest Business Advice to my Younger Self
Apr 10, 2024
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In this podcast, Noah Kagan shares brutally honest business advice he wishes he knew earlier. He emphasizes following curiosity over opportunity, building businesses around existing sales, and the importance of intent in starting a business. The episode also discusses the value of learning from successes, intense work ethic, gift-giving in business, transitioning from a day job to entrepreneurship, and enduring in business ventures.
Focus on following curiosity, not just opportunities, in business for success.
Learn from past mistakes and embrace established paths in business for sustainable growth.
Deep dives
Prioritizing Business Advice Over Career Advice
Transitioning from career advice to business advice, the podcast emphasizes the importance of focusing on business for financial success. The speaker, drawing from personal experience, highlights the difference between dipping toes in a career and the cash-flow potential in business. Encouraging listeners to learn from past mistakes, the speaker stresses the significance of understanding the established paths in business rather than constantly seeking innovation.
Lessons Learned from Business Swings
Reflecting on past ventures, the speaker shares insights on embracing failures as valuable learning opportunities. From various business attempts like marketing for college campuses to launching Facebook games, each swing provided essential lessons in entrepreneurship. By viewing these experiences as learning moments, the speaker emphasizes the importance of perseverance and continuous self-improvement in the business field.
Value of Personal and Business Finance Understanding
Highlighting the impact of financial knowledge on business success, the podcast emphasizes the importance of understanding personal and business finance. The speaker shares the significance of learning about taxes, revenue streams, and optimizing financial decisions. Stressing the practical insights gained from real business experiences, the speaker encourages listeners to deepen their understanding of financial management for long-term business sustainability.
Effective Business Strategies and Leadership Development
Providing practical business advice, the podcast stresses the value of effective strategies and leadership in business. From prioritizing time management to honing leadership skills, the speaker emphasizes the importance of aligning business goals with customer success. Additionally, the podcast highlights the impact of focused goal-setting, continuous learning, and cultivating leadership qualities as essential components for business growth and success.
Today is the next part of our brutally honest series. We're shifting from 'Career Advice' to 'Business Advice'. Careers are like dipping your toes in the water, but business is where the real cash flow happens. And you know me, I'm all about that money!
I’m jumping back into the Miata time machine for 'Back to Noah’s Future 2', where I’m sharing the best business advice I wish I knew back in the day, and hey, maybe it’ll help you out too. People are always hustling to reinvent the wheel and create new paths in business but the best path is already cut for you. So Listen up to my mental torment, learn from my mishaps, and hop on the expressway to those sweet, sweet money bags
In this conversation, you’ll enjoy 3 BIG things:
Follow curiosity, not opportunity
Find people who are already saying yes to a sale and build your business around them.
The importance of being intent to get the ball rolling vs. being sustainable to win the game.
Enjoy these 3 things plus about 20 more ear nuggets along the way.
If you enjoyed this and want to hear more go back and check out last week's PT1. of our Brutally Honest Advice series about getting started in your career. That’s episode 346 in this feed
If you’re not on my mailing list, we have exclusive emails every week, go to noahkagan.com/noahs-nuggets and sign up today, there’s some juicy business nuggets for you to enjoy.
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