#485: How to Commence a Organization in A single Weekend, with Noah Kagan
If you have at any time thought: “I’d enjoy a organization BUT …
“I do not have TIME.”
“I don’t have Revenue.”
“I really don’t have Thoughts.”
“I have As well Numerous tips and I really do not know wherever to get started.”
“I’m not technological.”
“I’m not resourceful or creative.”
“I’m not great at income.”
You’re not on your own. Innumerable people today really don’t commence enterprises or side hustles for these causes.
And they’re dropping thousands — maybe hundreds of thousands — in possibility value.
How much could you make if you began a facet hustle that finally scaled into a organization? Quite possibly tens of millions. Today’s guest, Noah Kagan, is dwelling evidence.
Noah was personnel #30 at Fb. His stock choices, if completely vested, would be worth above $1 billion these days.
(If you want to do the math — his inventory alternatives came to .1 per cent of the corporation, which has a existing current market cap of $1 trillion.)
But Noah was fired just a couple months ahead of his inventory options vested. So alternatively than having a billion-greenback payout, he got very little.
He sank into a deep despair, finally recovering with the assistance of a therapist who endorsed him on how to reframe the expertise.
Then he rolled up his sleeves and acquired to operate. He turned a serial entrepreneur, developing various corporations. His most profitable venture now makes $80 million in gross earnings, and his particular consider-household is $3.3 million for each 12 months (which comes from a $200,000 annual income and $3.1 million financial gain distribution.) His internet truly worth is $36 million.
Not a billion, but however not as well shabby.
Noah not too long ago wrote a ebook identified as “Million Dollar Weekend: The Surprisingly Easy Way to Start a 7-Figure Business in 48 Hrs.”
He sits down with us (in particular person!) to share:
— how to discover company thoughts
— how to defeat objections and rejections
— how to scale
By the end of the episode, the widespread objections that you normally listen to — like “I really don’t have time/funds/ideas” — will be quashed.
Make sure you take pleasure in!
Dialogue Timing as of February 2024:
05:17: How to apply the foundation of enterprise
07:05: How to discover the lower hanging fruit to increase your business enterprise
09:43: The 1st stage of entrepreneurship
15:20: How to conquer your objections
19:00: Overcoming rejection
26:12: How to inform if a little something is scaleable
30:45: The most frequent fears
34:55: Distinctive sorts of company suggestions
42:11: How to come across buyers for your item or company
54:32: Scaling vs setting up
1:17:00: Paula’s money “aha” moments
Methods stated:
Million Dollar Weekend | Web site
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