The Startup Ideas Podcast

Bootstrapping Through a Bear Market with Noah Kagan

Jul 7, 2022
In a captivating discussion, Noah Kagan, the CEO and founder of AppSumo, dives into the challenges of entrepreneurship without VC funding. He shares his journey to building a company with negative Net Working Capital and emphasizes the critical mistakes that shaped his success. Kagan highlights the importance of aligning products with market needs, the value of having a personal "council of wise men," and reflects on the changing landscape of entrepreneurship. Expect insightful advice for anyone looking to grow their side project into a thriving business.
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ADVICE

Standard Protocols

  • Use standard protocols for handling requests, like focusing on specific tasks.
  • This simplifies decision-making and communication, reducing mental overhead.
INSIGHT

Energy Audit

  • Evaluate activities based on their impact on your energy and clarity.
  • Prioritize those that boost energy and eliminate or delegate those that drain it.
ADVICE

Weekly Review

  • Regularly review your week, identifying energizing and draining activities and people.
  • Adjust your schedule and interactions accordingly to maximize productivity and well-being.
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