Episode
#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
1:00:14
Published: Fri Jun 19 2020
Description
Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) catch up with Noah Kagan (@noahkagan), founder of AppSumo and OkDork.com. Before that, he was employee #30 at Facebook, #4 at Mint, and worked at Intel. In today’s episode we hear about Noah’s background (1:05), Noah talks about the different between needing to do things and choosing to do things (5:58), how Noah thinks about finding customers (12:30), Sam asks for Noah’s framework for knowing how and when to build a new product (16:10, Noah talks about how our greatest strengths are also our greatest weaknesses (18:12), Shaan joins the podcast (27:00), Shaan asks Noah how he would build a company now if he was 21 with no name recognition (33:50), Noah leaves the podcast and Sam and Shaan talk through Sam’s upcoming road trip and future ideas (50:30). See acast.com/privacy for privacy and opt-out information.
Chapters
Noah Kagan talks about three projects he is passionate about, including sendfox.com, a free email list for content creators, OKDork.com, his site about overcoming fear, starting and marketing startups and AppSumo.com, which he co-founded as the number one site online for software deals.
00:00 - 02:37 (02:37)
Summary
Noah Kagan talks about three projects he is passionate about, including sendfox.com, a free email list for content creators, OKDork.com, his site about overcoming fear, starting and marketing startups and AppSumo.com, which he co-founded as the number one site online for software deals.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker and the subject are friends.
02:37 - 07:13 (04:35)
Summary
The speaker and the subject are friends.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The host discusses sending sunset emails and the opportunities of using products like Send Fox to build and grow newsletters and email lists, while highlighting the problem of social media channels incentivizing monetary payment to access one's own audience.
07:14 - 10:37 (03:23)
Summary
The host discusses sending sunset emails and the opportunities of using products like Send Fox to build and grow newsletters and email lists, while highlighting the problem of social media channels incentivizing monetary payment to access one's own audience.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
Learn how to make an unforgettable welcome email using Substack and The Hustle's approach of a long, detailed email that explains the subscription process.
10:39 - 15:05 (04:26)
Summary
Learn how to make an unforgettable welcome email using Substack and The Hustle's approach of a long, detailed email that explains the subscription process.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker discusses the importance of aligning customer success with company metrics success, and provides an example of a company with a team of 50 people and revenue through Basecamp.
15:05 - 18:50 (03:45)
Summary
The speaker discusses the importance of aligning customer success with company metrics success, and provides an example of a company with a team of 50 people and revenue through Basecamp. They also share the success of their own company, Sun Fox, in reaching a million active customers.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
Noah Kagan, Chief Sumo of AppSumo, talks about his strength in igniting and promoting new projects, but admits he struggles with consistently fueling them for growth.
18:50 - 21:51 (03:00)
Summary
Noah Kagan, Chief Sumo of AppSumo, talks about his strength in igniting and promoting new projects, but admits he struggles with consistently fueling them for growth. He shares his ambitions and fulfillment in promoting cool and innovative products with AppSumo, as well as sharing his learnings through his YouTube channel and podcast.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker discusses their ability to observe greatness in leaders and the challenge of meeting people outside of Facebook.
21:51 - 25:23 (03:32)
Summary
The speaker discusses their ability to observe greatness in leaders and the challenge of meeting people outside of Facebook. They also mention a WordPress plugin they once purchased.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker talks about being an advisor in a very effective way for Eamon who's running app Sumo, focusing on how to lean into challenges and come up with effective solutions.
25:24 - 27:54 (02:30)
Summary
The speaker talks about being an advisor in a very effective way for Eamon who's running app Sumo, focusing on how to lean into challenges and come up with effective solutions.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
This podcast episode is about the importance of identifying your target audience and connecting with them to achieve your business goals.
27:55 - 33:47 (05:51)
Summary
This podcast episode is about the importance of identifying your target audience and connecting with them to achieve your business goals. The host shares his personal experience filling out applications and finding his audience for relationship therapy, his dork world, and facilitating people's progress in starting businesses.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker shares that practicing writing to build skills, as well as starting numerous businesses and experimenting with different ventures while costs are low, are important steps towards early career development.
33:48 - 39:56 (06:08)
Summary
The speaker shares that practicing writing to build skills, as well as starting numerous businesses and experimenting with different ventures while costs are low, are important steps towards early career development. Additionally, it's recommended to find someone ahead of you doing what you'd like to do in ten years and pursuing them to be part of your life, while following your curiosity to explore different interests.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The early era of Facebook apps allowed for companies to grow incredibly quickly, with many entrepreneurs finding massive success on the platform.
39:57 - 44:36 (04:39)
Summary
The early era of Facebook apps allowed for companies to grow incredibly quickly, with many entrepreneurs finding massive success on the platform. This phenomenon also led to new and exciting connections being made between people.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The more you help out others, the greater your reward will be.
44:36 - 48:02 (03:25)
Summary
The more you help out others, the greater your reward will be. Making money comes as a second effect from learning and trying to accomplish difficult goals through personal growth.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The podcast discusses the importance of building up an audience and putting out great content that will help people, as well as universal tactics for getting things done and being proactive.
48:02 - 52:33 (04:30)
Summary
The podcast discusses the importance of building up an audience and putting out great content that will help people, as well as universal tactics for getting things done and being proactive.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
The speaker and his girlfriend decided to live like locals in Buenos Aires, Argentina for six weeks, due to the Zika virus threat affecting having children in remote Canada.
52:33 - 57:44 (05:11)
Summary
The speaker and his girlfriend decided to live like locals in Buenos Aires, Argentina for six weeks, due to the Zika virus threat affecting having children in remote Canada.
Episode#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m
PodcastMy First Million
A discussion of ideas for a podcast episode, including a health score specifically branded around coronavirus hygiene and a review of the Super Human app.
57:44 - 1:00:16 (02:32)
Summary
A discussion of ideas for a podcast episode, including a health score specifically branded around coronavirus hygiene and a review of the Super Human app.