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Start a Million Dollar Business in a Weekend with Noah Kagan

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Jan 31, 2024

Guest

Noah Kagan

Noah Kagan, founder of multiple 7-figure ventures including AppSumo, shares his entrepreneurial wisdom. He discusses launching a million-dollar business in just 48 hours and achieving your 'freedom number.' Noah emphasizes the importance of pre-selling your ideas and shares valuable lessons from successful entrepreneurs. He encourages listeners to embrace entrepreneurship as an accessible path to wealth, urging them to balance side hustles with traditional jobs and take actionable steps toward financial growth.

01:09:25

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INSIGHT

Unlimited Wealth Potential

Entrepreneurship offers unlimited wealth potential, unlike the stock market or real estate.
Starting a business, even a small one, offers greater control over your livelihood.

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ADVICE

Find Your Freedom Number

Calculate your "freedom number," the minimum income needed for financial independence.
Starting a side hustle can help you reach this number without quitting your job.

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ADVICE

Weekend Launch

Launch a business in a weekend to quickly validate its potential.
This limited timeframe fosters creativity and focuses your efforts.

Get the Snipd Podcast app to discover more snips from this episode

Exploring Diverse Paths to Wealth Creation

02:26 • 3min

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Entrepreneurship Unleashed

05:18 • 9min

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Financial Planning and Privacy Solutions

14:35 • 6min

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From Idea to Venture: Practical Steps for Entrepreneurs

20:06 • 11min

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Unlocking Wealth Through Curiosity and Effective Tax Strategies

31:32 • 5min

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Mindset and Kindness for Success

37:01 • 5min

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Optimizing Sleep and Life through Experimentation

41:59 • 2min

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Rethinking Entrepreneurship: A Path of Experimentation

43:39 • 6min

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Overcoming Hesitation: The Power of Action

49:27 • 18min

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Embracing Wealth and Joyful Spending

01:07:15 • 5min

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Embracing Action and Financial Growth

01:12:38 • 2min

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#638

• Mentioned in 29 episodes

Million Dollar Weekend

Noah Kagan

In 'Million Dollar Weekend,' Noah Kagan provides a step-by-step guide on how to turn ideas into profitable businesses within a short timeframe. The book focuses on overcoming fear, creating value for customers, and validating ideas quickly. Kagan shares his personal experiences and real-world examples to illustrate how to start and grow a business efficiently. The book advocates for action over excessive planning, encouraging readers to test their ideas with minimal investment and scale based on real feedback. It also addresses the psychological aspects of starting a business and offers practical advice on automation, marketing, and achieving financial freedom.

#76

• Mentioned in 120 episodes

The artist's way

a spiritual path to higher creativity

Ada Arbós Bo

Julia Cameron

This book presents a comprehensive method for artists to recover their creativity from various blocks such as limiting beliefs, fear, self-sabotage, and other inhibiting forces. It is designed to help individuals discover and develop their artistic potential, whether as writers, painters, poets, or musicians. The book emphasizes the connection between creativity and spirituality, providing step-by-step exercises to nurture creative expression as a consistent part of daily life.

#12

• Mentioned in 278 episodes

Rich Dad Poor Dad

What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not

C.P.A. Sharon L. Lechter

Robert Kiyosaki

The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money.

#1031

• Mentioned in 20 episodes

The Power of Regret

How Looking Backward Moves Us Forward

Daniel Pink

In The Power of Regret, Daniel H. Pink delves into the psychology of regret, drawing on extensive research in social psychology, neuroscience, economics, and biology. He debunks the myth of the 'no regrets' philosophy and argues that regret is a fundamental and valuable emotion. Pink identifies four core categories of regret: foundation regrets, boldness regrets, moral regrets, and connection regrets. These categories serve as a 'photographic negative' of the good life, revealing what people value most. The book provides a three-step process for transforming regrets into positive forces for personal growth and better decision-making. Pink's work is based on his World Regret Survey, which collected regrets from over 16,000 people in 105 countries, offering practical guidance on how to thrive beyond mistakes and turn regrets into learning opportunities.

#154: Entrepreneur Noah Kagan shares tips for launching a 7-figure business in 48 hours. The conversation wealth creation, achieving your freedom number, the importance of pre-selling, lessons from millionaires, the do's and don'ts for effective follow-ups and more.

Noah Kagan is the founder of 7 million-dollar business and is currently the CEO of AppSumo, a company that teaches lessons on how to start a business, grow a business, and improve your marketing. He also has a popular YouTube Channel and was an early employee at Facebook and Mint.

Link to Full Show Notes: https://www.allthehacks.com/noah-kagan-million-dollar-weekend

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Resources Mentioned

Noah Kagan: YouTube | AppSumo

Million Dollar Weekend: Book | Website

Merry Makery Greeting Cards

Stern Pinball

The Artist's Way: A Spiritual Path to Higher Creativity

My Body Tutor

All the Hacks Episodes:

#19: Becoming a Better Investor with Andy Rachleff
#40: The Power of Regret, Motivation and Good Timing with Daniel Pink
#118: Unleashing the Power of Kindness, Self-Awareness, and Passion with Gary Vaynerchuk
#151: Master the Skill of Sleep with Mollie Eastman
#130: The Art of Confidence: Find It, Grow It and Use It to Your Advantage with Aziz Gazipura

Full Show Notes

(02:45) Ways to Create Unlimited Wealth

(08:25) Achieving Your Freedom Number

(14:32) The Million Dollar Weekend Business Process

(20:24) Three Ways to Get Business

(23:55) How Pre-Selling Works

(27:36) Why You Need to Find Work You Love

(35:54) Lessons Learned from Millionaires

(39:40) Noah's Daily Routine

(43:38) Entrepreneurship vs. Employment

(48:28) Learning the Skill to Get Going

(58:10) Following Up: Do's & Don'ts

(1:07:14) Learning To Spend

(1:11:02) Goal Setting

Connect with All the Hacks

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Chris Hutchins: Twitter | Instagram | Website | LinkedIn

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