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#597February 2, 202449:41

How This +$80M Founder Launches A Startup In A Weekend

About This Episode

Guest Noah Kagan, founder of AppSumo, discusses his entrepreneurial philosophy of 'Now Not How' and his book 'Million Dollar Weekend,' which focuses on launching businesses through immediate action. The episode explores Noah's experience as an early Facebook employee, his strategy for bootstrapping a multi-million dollar company, and the importance of market selection and longevity in business success.

Episode Description

Episode 546: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Noah Kagan ( https://twitter.com/noahkagan ) about how to launch a million dollar business in 48 hours. Give Sam your email address at The Anti-MBA ( https://www.theantimba.com/ ) for a chance to win a free copy of Noah’s new book.  No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

Show Notes

  • 0:00Intro
  • 1:00Now not how
  • 4:30The upside of asking
  • 5:00Airbnb sales formula revealed
  • 12:00Appsumo quietly crushing it with $80M arr
  • 19:00The lore of Zuck and early facebook
  • 32:30Only say yes to 10x
  • 41:00Million Dollar Weekend giveaway

Key Takeaways

1

Adopt the 'Now Not How' philosophy by focusing on earning your first dollar immediately through your network rather than wasting time on business plans and legal filings.

2

Practice the 'Coffee Challenge' by asking for a 10% discount at a coffee shop to overcome the fear of rejection and build the essential business skill of asking.

3

Prioritize market selection and consistency; staying in a growing market for over a decade is more likely to yield significant wealth than frequent pivots or relying on pure intelligence.

Business Ideas Mentioned

Low Technical Ability Software Blog

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Quick Stats

Duration49:41
Guests1
Ideas Discussed1
Topics4