

How To Find MILLION DOLLAR Business Ideas That WORK | Noah Kagan
44 snips Jan 25, 2024
In this conversation with Noah Kagan, CEO of AppSumo and a leading voice in entrepreneurship, he shares insights on discovering million-dollar business ideas by truly understanding customer needs. Noah outlines how he lost $1M for neglecting customer feedback and emphasizes the importance of testing your ideas. He also discusses leveraging AI for hiring, the significance of brand differentiation, and the best opportunities for entrepreneurs in 2024. Listeners will gain practical strategies for building successful products and navigating the SaaS landscape.
AI Snips
Chapters
Books
Transcript
Episode notes
Software Opportunities
- Look for tools that can replace existing teams or outdated software.
- Consider alternatives for expensive, non-locked-in software like Google Analytics or DocuSign.
Customer-Centric SaaS
- Focus on customer problems, not just new tech solutions.
- Sell to an audience you understand and can easily reach.
TidyCal Success
- Noah Kagan launched TidyCal, a Calendly competitor, priced at $29 for life.
- It now generates $3,000 in daily profit, demonstrating the potential of affordable alternatives.