(To watch the full video of today's interview click here)
According to Bloomberg, 8 out 10 entrepreneurs who start a business fail within the first 18 months. Which sounds pretty scary right?
So what's the secret recipe to starting and growing a business and surviving your first five years?
Enter the startup whisperer, Noah Kagan.
That's right, in today's episode I have the privilege to share with you my conversation with Noah Kagan, the founder of AppSumo and SumoMe, who's been one of my virtual mentors over the last few years.
I came across Noah a few years back via his friend Tim Ferriss and was blown away by his "stop playing business!" attitude when it came down to getting wantrapreneurs to pull the trigger on starting their business ideas.
And I know you're going to learn a ton from him too.
If you don't know who Noah is, he became Facebook employee #30 at age 24, got fired, missed out on making $200+ million in stock options, joined Mint.com as Marketing Director, took the startup from zero to a million users, left (and walked away from $1.3 million), launched a company making games on Facebook, got sued by Facebook, lived in his aunt's basement for two years and eventually had an idea to promote weekly deals on awesome products to help you grow your business.
And so, in 2010, with just $50, AppSumo was born.
Today, Noah's grown AppSumo and SumoMe into a healthy 8 figure business and has recently stepped away from the day-to-day activities.
So I caught him in a reflective state!
In today's episode Noah shares with you:
Why he walked out on Tony Robins
Why no one cares about you, and why that’s a good thing
Why starting a business is like starting a diet
The five biggest blockers stopping people from starting a business
What you can do to get over your fear of failure and fear of asking for money
Who he would quit his company to go work for (can you guess??)
Why marginal life hacks are a waste of time
And what he's learned about success from his friend Tim Ferriss
I know you're going to love today's episode as much as I did.
If you did, please share it with a friend, as it's the best form of compliment you can give me.
Thanks and can't wait to hear what you got out from today's episode!
Watch my TEDx talk: https://youtu.be/f6nxcfbDfZo
Get on all the action by subscribing on iTunes
- Website: OKDork.com
- Podcast: Noah Kagan Presents
- AppSumo: www.appsumo.com
- SumoMe: www.sumo.com
- YouTube: @noahkagan
- Instagram: @noahkagan
- Twitter: @noahkagan
- "Why I Walked Out On Tony Robins" (blog post): www.okdork.com/why-i-walked-out-on-tony-robbins/
- "How I Made A Million Dollars" (FinCon 2016): https://youtu.be/dK1ZSMleZLI
- "This Week on Startups" (podcast itw): https://youtu.be/NrqV1QlkHGw
- "Tim Ferriss interviews Noah Kagan on CreativeLive" (video): https://youtu.be/v47WEyeSMSA
- "A 20-Year-Old Future Billionaire (video): https://youtu.be/0jupyI12mv8
- "Why I Quit Mint.com (and lost out on $1.7 million)": http://okdork.com/why-i-quit-mint-com-and-lost-out-on-1-7-million/
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