Entrepreneur @noahkagan has built 8 different million-dollar...
Alex & Books 📚@AlexAndBooks_
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Apr 05, 2024
~2 min read
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Entrepreneur @noahkagan has built 8 different million-dollar businesses.
He's also the CEO of AppSumo–an $80 million business.
Here are 20 lessons from his book "Million Dollar Weekend":
1. Don't be afraid to act. Be afraid of living a life that seems more like a resume than an adventure.
2. The simple fact of business is that only by asking do you receive what you want. No ASK? No GET.
3. Getting money is not a matter of literally getting it. It's a matter of receiving it, which can happen only after one asks for it.
4. Selling is helping. If you believe your product or service improves the lives of your customers, sales is just education.
5. Customers don't care about your ideas; they care about whether you can solve their problems.
6. It is deadly to build a business without first verifying that there are paying customers.
7. When in doubt, solve your own problems. If you are willing to pay for a solution, it's likely others are too.
8. The first dollar is always the sweetest.
9. The best entrepreneurs are the most dissatisfied. They're always thinking of how things can be better.
10. Your job is not to create demand for something that seems exciting, it's to find existing demand and satisfy it.
11. Everyone's "interested" until they have to pay.
12. In order to have a million-dollar business, you need a million-dollar opportunity.
13. Validation is finding three customers in forty-eight hours who will give you money for your idea.
14. The internet gives anyone the chance to have the same broadcasting power as a massive media brand. No permission is needed to build your own audience.
15. Email is the king and queen of communicating with customers.
16. The first step to getting all you want in the world is allowing yourself to want it–and facing the fears necessary to be able to get what you want.
17. Entrepreneurship is your chance to build your work around your life, not be swallowed up by it.
18. Show me your calendar and I'll tell you what's most important to you.
19. There's no such thing as self-made. Everyone is team-made.
20. Your life is shaped by your willingness to face your fears.
He's also the CEO of AppSumo–an $80 million business.
Here are 20 lessons from his book "Million Dollar Weekend":
1. Don't be afraid to act. Be afraid of living a life that seems more like a resume than an adventure.
2. The simple fact of business is that only by asking do you receive what you want. No ASK? No GET.
3. Getting money is not a matter of literally getting it. It's a matter of receiving it, which can happen only after one asks for it.
4. Selling is helping. If you believe your product or service improves the lives of your customers, sales is just education.
5. Customers don't care about your ideas; they care about whether you can solve their problems.
6. It is deadly to build a business without first verifying that there are paying customers.
7. When in doubt, solve your own problems. If you are willing to pay for a solution, it's likely others are too.
8. The first dollar is always the sweetest.
9. The best entrepreneurs are the most dissatisfied. They're always thinking of how things can be better.
10. Your job is not to create demand for something that seems exciting, it's to find existing demand and satisfy it.
11. Everyone's "interested" until they have to pay.
12. In order to have a million-dollar business, you need a million-dollar opportunity.
13. Validation is finding three customers in forty-eight hours who will give you money for your idea.
14. The internet gives anyone the chance to have the same broadcasting power as a massive media brand. No permission is needed to build your own audience.
15. Email is the king and queen of communicating with customers.
16. The first step to getting all you want in the world is allowing yourself to want it–and facing the fears necessary to be able to get what you want.
17. Entrepreneurship is your chance to build your work around your life, not be swallowed up by it.
18. Show me your calendar and I'll tell you what's most important to you.
19. There's no such thing as self-made. Everyone is team-made.
20. Your life is shaped by your willingness to face your fears.
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-awesome book recommendations
-insightful book summaries
-helpful reading tips
Join 40,000+ readers who get my weekly newsletter for free here: alexandbooks.beehiiv.com/subscribe
