Jordan O’Connor is founder of Closet Tools, a web app helping sellers on Poshmark save time and sell more. I discuss his journey from large student loans and debt to building skills by helping others and then turning those skills into a business that has over $40k revenue per month.
Jordon O’Connor on Twitter: https://twitter.com/jdnoc
https://jdnoc.com
Timestamps
00:00 - Introduction
1:00 - Closet Tools financials
3:36 - What is Closet Tools and how does it work with Poshmark?
13:15 - How is Poshmark doing? What’s it’s unique value proposition?
16:45 - Jordon’s background
20:05 - College debt
24:04 - When did you think you need to build some skills and raise your income?
28:50 - How important is solving a real problem in learning a new skill?
32:50 - Offering it for free at first
36:25 - How did you find the time for your side hustle?
41:57 - What was motivating you?
47:00 - What’s your student debt now?
48:45 - “I’ll never be poor again.”
56:00 - What was the way out?
58:05 - How did you get impacted by the indie hacker community?
1:03:50 - 5 years from now, will opportunity be easier or harder?
1:07:02 - What’s the essence of business to you?
1:09:57 - Insight of saving time or money for customers
1:15:00 - How important is it to know how to code?
1:20:10 - Project development and design
1:24:50 - Family/work balance
1:29:14 - Screen time for kids
1:36:00 - Teaching kids about money
1:38:40 - 4 Hour Workweek
1:40:35 - Quant secrets
1:45:00 - Explore a niche for a year, write 100 articles, SEO
1:48:10 - SEO
1:53:58 - Can anyone be an entrepreneur?
1:59:00 - Conclusion
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