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How to Start a Business in One Weekend, with Noah Kagan

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Content provided by Paula Pant | Cumulus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paula Pant | Cumulus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

#485: If you’ve ever thought: "I’d love a business BUT …”

  • I don’t have TIME
  • I don’t have MONEY
  • I don’t have IDEAS
  • I have TOO MANY ideas and I don't know where to start
  • I'm not technical
  • I'm not creative or artistic
  • I'm not good at sales

You're not alone. Countless people don't start businesses or side hustles for these reasons.

And they're losing thousands -- perhaps millions -- in opportunity cost.

How much could you make if you started a side hustle that eventually scaled into a business? Possibly millions. Today's guest, Noah Kagan, is living proof.

Noah was employee #30 at Facebook. His stock options, if fully vested, would be worth over $1 billion today.

(If you want to do the math -- his stock options came to 0.1 percent of the company, which has a current market cap of $1 trillion.)

But Noah was fired just a couple months before his stock options vested. So rather than getting a billion-dollar payout, he got nothing.

He sank into a deep depression, eventually recovering with the help of a therapist who counseled him on how to reframe the experience.

Then he rolled up his sleeves and got to work. He became a serial entrepreneur, building multiple businesses. His most successful venture now makes $80 million in gross revenue, and his personal take-home is $3.3 million per year (which comes from a $200,000 annual salary and $3.1 million profit distribution.) His net worth is $36 million.

Not a billion, but still not too shabby.

Noah recently wrote a book called "Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours."

He sits down with us (in person!) to share:

-- how to find business ideas

-- how to overcome objections and rejections

-- how to scale

By the end of the episode, the common objections that you often hear -- like "I don't have time/money/ideas" -- will be quashed.

Please enjoy!

For more information, visit the show notes at https://affordanything.com/episode485

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

564 episodes

Artwork
iconShare
 
Manage episode 398561932 series 115702
Content provided by Paula Pant | Cumulus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paula Pant | Cumulus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

#485: If you’ve ever thought: "I’d love a business BUT …”

  • I don’t have TIME
  • I don’t have MONEY
  • I don’t have IDEAS
  • I have TOO MANY ideas and I don't know where to start
  • I'm not technical
  • I'm not creative or artistic
  • I'm not good at sales

You're not alone. Countless people don't start businesses or side hustles for these reasons.

And they're losing thousands -- perhaps millions -- in opportunity cost.

How much could you make if you started a side hustle that eventually scaled into a business? Possibly millions. Today's guest, Noah Kagan, is living proof.

Noah was employee #30 at Facebook. His stock options, if fully vested, would be worth over $1 billion today.

(If you want to do the math -- his stock options came to 0.1 percent of the company, which has a current market cap of $1 trillion.)

But Noah was fired just a couple months before his stock options vested. So rather than getting a billion-dollar payout, he got nothing.

He sank into a deep depression, eventually recovering with the help of a therapist who counseled him on how to reframe the experience.

Then he rolled up his sleeves and got to work. He became a serial entrepreneur, building multiple businesses. His most successful venture now makes $80 million in gross revenue, and his personal take-home is $3.3 million per year (which comes from a $200,000 annual salary and $3.1 million profit distribution.) His net worth is $36 million.

Not a billion, but still not too shabby.

Noah recently wrote a book called "Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours."

He sits down with us (in person!) to share:

-- how to find business ideas

-- how to overcome objections and rejections

-- how to scale

By the end of the episode, the common objections that you often hear -- like "I don't have time/money/ideas" -- will be quashed.

Please enjoy!

For more information, visit the show notes at https://affordanything.com/episode485

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

564 episodes

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