

#315: The Power of Small Experiments to Supercharge Your Success
4 snips Jun 22, 2017
Noah Kagan, CEO of AppSumo and blogger at okdork.com, shares his journey from being fired at Facebook before its IPO to founding successful ventures. He explores the power of small experiments in validating business ideas and contrasts the roles of founders and managers. Kagan discusses the relationship between wealth and true happiness, and offers personal strategies for running effective self-diagnostic tests to enhance daily productivity and fulfillment. It's a compelling blend of entrepreneurship insights and personal growth tips.
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Fired From Facebook IPO
- Noah Kagan got fired from Facebook before its IPO and missed out on a $185 million payday.
- Despite this blow, he used it as a growth opportunity and redefined his identity beyond Facebook.
Validate Business Ideas Fast
- To test a business idea, find three potential customers within 48 hours without spending money.
- Validating demand early helps avoid investing in ideas that won't work.
Coffee Gum Quick Experiment
- Noah created caffeinated coffee gum by quickly prototyping and testing demand with friends before production.
- This fast failure or success approach avoids long-term waste and keeps entrepreneurship enjoyable.