My First Million Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
12 snips
Jan 18, 2022 
Joining the conversation is Noah Kagan, Founder and CEO of AppSumo, known for his expertise in software and entrepreneurship. He shares valuable insights on the most profitable businesses on AppSumo and unveils the best business ideas for 2022, including ventures requiring zero startup costs. Kagan discusses the evolving landscape of content creation, comparing TikTok with YouTube. He also highlights unique concepts like Chrome extensions and emphasizes the importance of creativity in entrepreneurship, sparking inspiration for aspiring business owners.
AI Snips
Chapters
Transcript
Episode notes
TikTok Campaign Success
- A TikTok campaign offering $5,000 for My First Million video edits generated 30 million views.
- One college student created a handle called MFM Minis and gained over a million views on multiple videos.
Chrome Extension Investment
- Noah Kagan bought a Chrome extension for $25,000 but couldn't monetize it, losing almost all the investment.
- He previously acquired WordPress plugins using a data-driven approach, but found Shopify apps to be more expensive.
Untapped Marketing Channels
- Look for under-the-radar marketing channels or areas where savvy marketers haven't yet saturated the market.
- Early adoption of Facebook News Feed ads significantly boosted AppSumo's growth due to lower costs.