Episode

Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
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1:18:31
Published: Tue Jan 18 2022
Description

Sam Parr (@theSamParr) and is joined by Noah Kagan (@NoahKagan) to discuss the most profitable businesses on AppSumo, the best business ideas to start in 2022, businesses you can start with zero startup costs, and much more.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. _____ Show Notes: (00:30) - TheColdPlunge.com (04:15) - OkDork.com (05:55) - How to grow a YouTube channel (10:45) - TikTok vs YouTube (13:50) - Chrome extension businesses (22:20) - What Mint.com did wrong (32:45) - How to become "Wirecutter for the end of the world" (34:10) - One person businesses and businesses with zero startup costs (34:40) - The best selling AppSumo app of all time (49:30) - Noah's yearly and monthly reviews (54:17) - Best buys under $100 ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Chapters
Sales automation software helps you work smarter, not harder by automating tedious tasks and organizing important data for your team.
00:00 - 02:09 (02:09)
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Sales Automation
Summary

Sales automation software helps you work smarter, not harder by automating tedious tasks and organizing important data for your team.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker emphasizes taking time for rest and relaxation as it works as a workout for the nervous system.
02:09 - 05:36 (03:26)
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Self-Care
Summary

The speaker emphasizes taking time for rest and relaxation as it works as a workout for the nervous system. Research has shown that it is beneficial for the brain.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The podcast covers how they made money by asking crypto and NFT millionaires how to invest smaller amounts of money, and how they went on to form a team that spent half a million dollars solely for the team's venture.
05:36 - 08:54 (03:17)
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Cryptocurrency
Summary

The podcast covers how they made money by asking crypto and NFT millionaires how to invest smaller amounts of money, and how they went on to form a team that spent half a million dollars solely for the team's venture.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
Two creators discuss the value of small daily musings and the importance of staying curious and exploring ways to improve their crafts.
08:54 - 12:53 (03:59)
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Creativity
Summary

Two creators discuss the value of small daily musings and the importance of staying curious and exploring ways to improve their crafts. They also mention giving away money to their audience members.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker expresses their preference for lesser-known podcasts, but acknowledges the value of a quality audience.
12:53 - 17:27 (04:34)
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Podcasting
Summary

The speaker expresses their preference for lesser-known podcasts, but acknowledges the value of a quality audience. They also share their past skepticism towards podcasts despite being involved in the industry.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
In this podcast, the speaker talks about his personal experience in buying millions of installs upon the launching of sumo.com and trying different ad strategies to grow it.
17:27 - 21:20 (03:53)
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Online Marketing
Summary

In this podcast, the speaker talks about his personal experience in buying millions of installs upon the launching of sumo.com and trying different ad strategies to grow it.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker discusses early areas for growth of a newsletter, such as dollar email subscribers and low 10-figure paying customers.
21:20 - 24:48 (03:27)
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Newsletter Growth
Summary

The speaker discusses early areas for growth of a newsletter, such as dollar email subscribers and low 10-figure paying customers. The recommendation is to sponsor small creators on platforms like TikTok and YouTube.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The hosts discuss the importance of thinking big and setting ambitious goals, using the example of generating $2 million in four years as a personal revenue goal.
24:48 - 27:42 (02:53)
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Self-Improvement
Summary

The hosts discuss the importance of thinking big and setting ambitious goals, using the example of generating $2 million in four years as a personal revenue goal.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The things you do when no one else is watching are the ones that ultimately matter, and this includes staying consistent even when it's hard.
27:42 - 33:57 (06:15)
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Self-Improvement
Summary

The things you do when no one else is watching are the ones that ultimately matter, and this includes staying consistent even when it's hard.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The crypto space presents options for doomsday preppers to invest in, but survival tactics sold on many websites assume living in the country.
33:57 - 38:21 (04:24)
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Doomsday Prepping
Summary

The crypto space presents options for doomsday preppers to invest in, but survival tactics sold on many websites assume living in the country. An urban version of doomsday prepping is needed.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
AppSumo offers a variety of new and popular products that can inspire entrepreneurs to either create alternatives or build training around them.
38:21 - 41:16 (02:54)
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Entrepreneurship
Summary

AppSumo offers a variety of new and popular products that can inspire entrepreneurs to either create alternatives or build training around them. It's a great way to get new business ideas by observing what's getting popular.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
This podcast episode discusses the top side hustle ideas for those interested in the crypto and NFT space but are on a tight budget.
41:16 - 45:32 (04:15)
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Crypto
Summary

This podcast episode discusses the top side hustle ideas for those interested in the crypto and NFT space but are on a tight budget. The episode also takes a look at popular euphemisms in the space and how to stay informed using tools similar to WPBeginner and AppSumo.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker discusses the importance of having someone hold you accountable for fitness goals, even if you can't afford a personal trainer.
45:32 - 48:01 (02:28)
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Fitness
Summary

The speaker discusses the importance of having someone hold you accountable for fitness goals, even if you can't afford a personal trainer.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker has been actively tracking his personal finance for 15 years and highlights the importance of staying relevant and consistent in the tech industry.
48:01 - 50:33 (02:32)
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Personal Finance
Summary

The speaker has been actively tracking his personal finance for 15 years and highlights the importance of staying relevant and consistent in the tech industry. Buffer, a company known for publicly revealing all of their revenue, was considered impressive during the speaker's early career but may have reached market saturation.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The evolution of social media management tools from simply creating content for Twitter or Facebook to more advanced features such as market size analysis is discussed in this podcast.
50:33 - 53:56 (03:22)
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Social Media Management
Summary

The evolution of social media management tools from simply creating content for Twitter or Facebook to more advanced features such as market size analysis is discussed in this podcast.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker suggests different ways to find more joy in life such as MDMA or LSD therapy, regular therapy, journaling, etc.
53:56 - 56:40 (02:44)
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Joy
Summary

The speaker suggests different ways to find more joy in life such as MDMA or LSD therapy, regular therapy, journaling, etc. The inspiration for this discussion is a recent end-of-the-year-review of Syed Balkhi, the WPBeginner guy, where his main theme was finding more joy in life.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker shares his top product recommendations for bikers and campers, including a hidden item attachment for water bottles and a $200 Gaiwan by Keith Titanium.
56:40 - 1:00:37 (03:56)
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Product Recommendations
Summary

The speaker shares his top product recommendations for bikers and campers, including a hidden item attachment for water bottles and a $200 Gaiwan by Keith Titanium.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker reflects on everyday items, such as a comfortable pair of underwear or a fancy chair, that provide unexpected comfort and make them feel wealthy.
1:00:37 - 1:05:26 (04:48)
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Comfort
Summary

The speaker reflects on everyday items, such as a comfortable pair of underwear or a fancy chair, that provide unexpected comfort and make them feel wealthy.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The key to growing your podcast audience is to strategically use other platforms, like YouTube, to attract new listeners.
1:05:26 - 1:07:29 (02:03)
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Podcast Growth
Summary

The key to growing your podcast audience is to strategically use other platforms, like YouTube, to attract new listeners. By creating engaging content on multiple channels and using them to promote each other, you can expand your reach and build a loyal following.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The speaker recommends checking click-through rates for videos over a period of time to see if they are choosing the appropriate topics for their audience.
1:07:29 - 1:10:28 (02:58)
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Youtube
Summary

The speaker recommends checking click-through rates for videos over a period of time to see if they are choosing the appropriate topics for their audience. He mentions that the content on his channel is made specifically for YouTube.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
The hosts discuss how to win the game of creating popular content on YouTube, suggesting pre-planned topics such as cryptocurrency and NFTs.
1:10:28 - 1:12:42 (02:13)
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YouTube
Summary

The hosts discuss how to win the game of creating popular content on YouTube, suggesting pre-planned topics such as cryptocurrency and NFTs.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
Tim Ferriss offers free review of medical bills to potentially reduce charges, while discussing the issue of impostor syndrome in the desire to become an expert.
1:12:42 - 1:14:40 (01:58)
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Tim Ferriss
Summary

Tim Ferriss offers free review of medical bills to potentially reduce charges, while discussing the issue of impostor syndrome in the desire to become an expert.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
Nick Loper discusses his beginnings in affiliate marketing and how it’s evolved since then, including tips on how to successfully market products through podcasting and other channels.
1:14:40 - 1:16:54 (02:13)
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Affiliate Marketing
Summary

Nick Loper discusses his beginnings in affiliate marketing and how it’s evolved since then, including tips on how to successfully market products through podcasting and other channels.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million
Two friends catch up and discuss the number of views their last podcast got while expressing gratitude for the opportunity to come on the show.
1:16:54 - 1:17:28 (00:34)
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Podcast
Summary

Two friends catch up and discuss the number of views their last podcast got while expressing gratitude for the opportunity to come on the show.

Episode
Brainstorming The Best Business Ideas To Start In 2022 with Noah Kagan
Podcast
My First Million