Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

How Noah Kagan Started an $80 Million/Year Business From a $12 Sale


Listen Later

Appsumo founder Noah Kagan joins the podcast today to remind us that we all start small.

Noah's own path to success began by experimenting with various small online niche ventures, a few of which eventually led to the creation of several multi-million dollar businesses. 

He shares his process of experimenting with different ideas to find product-market fit, highlighting some failures along the way, and the valuable lessons they taught him.

But as he mentions - business is the one game where you only need to win once. 

You just need to start to have a chance. 

He acknowledges the importance of time though and urges the rapid validation of ideas, offering solid examples of how to do this efficiently. 

He also shares invaluable advice on generating business ideas and stresses the importance of interaction with people throughout the process.

A key part of his message is the power of asking for what you want, exemplified by starting with small acts like requesting a 10% discount on coffee to help build resilience. 

Some other key takeaways are:

  • To focus on basics,

  • Revisit successful tactics,

  • Employ an experiment mindset,

  • And persist with what actually works.

By experimental mindset, he means running short experiments, identifying problems as opportunities, and validating ideas through quick tests - offering up concrete examples

He discusses learning the "language of making money" as a skill that fosters financial success over time and underlines the importance of self-belief and action to achieve your goals.

Overall, persistence and consistency are major themes, and Noah advises you to give an idea with potential at least 100 tries before considering quitting.

He also highlights optimism, intelligent risk-taking, and pitfalls to avoid when starting and growing a business - with personal experiences and insights from tested strategies to help you on your journey. 

And don’t forget to check out his book The Million Dollar Weekend for more in-depth insights into his awesome and inspiring success. 

Be sure to get more content like this in the Niche Pursuits Newsletter Right Here: https://www.nichepursuits.com/newsletter

Want a Faster and Easier Way to Build Internal Links? Get $15 off Link Whisper with Discount Code "Podcast" on the Checkout Screen: https://www.nichepursuits.com/linkwhisper

Get SEO Consulting from the Niche Pursuits Podcast Host, Jared Bauman: https://www.nichepursuits.com/201creative

...more
View all episodesView all episodes
Download on the App Store

Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!By Spencer Haws: NichePursuits.com

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

185 ratings


More shows like Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,451 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,448 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,572 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,583 Listeners

Capitalism.com with Ryan Daniel Moran by Capitalism.com

Capitalism.com with Ryan Daniel Moran

731 Listeners

Shopify Masters by Shopify

Shopify Masters

375 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,259 Listeners

Side Hustle School by Chris Guillebeau / Onward Project

Side Hustle School

3,287 Listeners

My First Million by Hubspot Media

My First Million

2,624 Listeners

The Think Media Podcast by Think Media

The Think Media Podcast

754 Listeners

Creator Science by Jay Clouse

Creator Science

457 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

250 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

201 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

352 Listeners

AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

AI Explored

87 Listeners