Noah Kagan, CEO of AppSumo, plays a game of Would You Rather on topics such as distributing equity, investing in 'boring' businesses, and owning versus renting a primary residence. The hosts also discuss the length of summer vacations and the benefits of cycling.
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Quick takeaways
Staying in a new city for at least three months allows individuals to build new friendships, establish roots, and create a sense of local identity.
Being an entrepreneur can be a lonely journey, but building a community of entrepreneurs can provide support, guidance, and opportunities for growth.
Deep dives
The Benefits of Longer Stay in a New City
Staying in a new city for at least three months allows individuals to build new friendships, establish roots, and create a sense of local identity. A shorter stay of one and a half months is not enough time to develop meaningful connections or truly immerse oneself in the local culture. It is important to have enough time to transition from being a tourist to becoming a part of the community.
The Power of Entrepreneurial Community
Being an entrepreneur can be a lonely journey, but it is essential to remember that there are thousands of other like-minded individuals around the world also seeking success. Building a community of entrepreneurs can provide support, guidance, and opportunities for growth. Online platforms and resources, such as TropicalMBA.com, offer a wealth of information and the chance to connect with fellow entrepreneurs.
Noah Kagan's Experience and Insights
Noah Kagan, CEO of AppSumo, shares his vast business experience and success, including his time at Facebook and Mint. Through his YouTube channel and podcast, he provides valuable advice on various topics, such as equity distribution, starting a million-dollar business, and the choice between renting and owning a primary residence. Noah emphasizes the importance of considering individual goals and circumstances when making such decisions.
The Pleasure and Duration of Summer Vacations
The length of summer vacations is a topic of debate. Some argue for shorter, more frequent weekend getaways or polarizing trips of three months or longer, while others prefer a more moderate duration. The key is to align the duration with the desire to make deep connections and create a sense of identity in the place being visited. Factors such as travel time and personal circumstances should be considered when deciding on the appropriate length of a summer vacation.
Summer in Barcelona comes to a close with a game of Would You Rather featuring the CEO of AppSumo, Noah Kagan. Dan challenges him to choose between distributing equity to employees or advisors, investing in “boring” businesses or tech, owning or renting a primary residence, and more.
Dan also poses a question to listeners that’s been on his mind: how long should summer vacations be?
Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan