The UpFlip Podcast

108. How to Start a Million Dollar Business in a Weekend (with Noah Kagan)

Jan 29, 2024

Noah Kagan, founder of AppSumo, shares his strategies for fast business growth. Learn how he started multiple multi-million dollar companies. Find out how to validate a business idea and determine its potential. Discover the power of email lists and the benefits of having an audience before starting a business.

42:47

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Episode guests

Noah Kagan

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Quick takeaways

Taking action is crucial for success in business; start small and test ideas quickly.

Find business ideas that align with your interests, skills, and market needs through research.

Building an email list allows for direct communication, customer control, and effective marketing.

Deep dives

The Power of Getting Started

Noah emphasizes the importance of getting started in business and taking action. He urges listeners to stop making excuses and start pursuing their ideas and passions. By starting small and testing ideas quickly, entrepreneurs can validate their concepts and build successful businesses.

Look for a Bigger Opportunity and Understand Market Trends

00:45

Introduction

3min

Lessons from Getting Fired at Facebook and Mint.com

13min

Starting a Million Dollar Business and Overcoming Fear

2min

Validating a Business Idea

15min

Determining the Pay Structure for Employees in a Window Cleaning Business

3min

The Power of Email Lists for Entrepreneurs

6min

AppSumo has become a go-to destination for business owners and entrepreneurs looking for great deals on tools for their business, growing to over 1.5 million subscribers and over $80 million in revenue in 2023. Founder Noah Kagan shares his strategies for fast business growth in this interview.

AppSumo wasn’t Noah’s first startup. He’s launched more than 25 ventures, growing 8 of them to multi-million dollar revenue. Many of these ventures were started in a single weekend. Noah shares his advice to start a business quickly in his new book, Million Dollar Weekend, and he’ll talk through some of those strategies in this episode.

Attracting the right kind of clients is crucial for a service and consulting business. We’ll learn how Noah built the AppSumo brand through channels including YouTube and email marketing. He’ll also share the lessons he learned from his businesses that failed, and his advice for entrepreneurs who want to start and grow a business in 2024.

Resources

Join UpFlip Academy and launch your business - https://bit.ly/4hjRvf2
Listen to episode 92: Profitable Startup in 11 Weeks ($3.5M ARR) -

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

On Youtube
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@UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

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The UpFlip Podcast

108. How to Start a Million Dollar Business in a Weekend (with Noah Kagan)

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Power of Getting Started

Finding the Right Business Idea

The Value of an Email List

The Importance of Asking for What You Want

Incentives and Employee Pay Structures

Look for a Bigger Opportunity and Understand Market Trends

Remember Everything You Learn from Podcasts