This CEO built his company for $60 in one weekend—it brought in $80 million last year: ‘You can copy my model’ | CNBC make it

This CEO built his company for  in one weekend—it brought in  million last year: ‘You can copy my model’ | CNBC make it

This CEO built his company for $60 in one weekend—it brought in $80 million last year: ‘You can copy my model’ | CNBC make it

Noah Kagan’s “Million Dollar Weekend” isn’t about overnight riches. As the founder and CEO of AppSumo, he emphasizes the importance of seizing opportunities and taking swift action. In 2010, Kagan saw potential in creating a PC version of MacHeist, a discounted software bundle for Apple users. He launched AppSumo over a weekend with minimal investment, leveraging partnerships and low-cost development to generate millions in revenue annually.

For aspiring entrepreneurs, Kagan offers practical advice distilled into three key steps. Firstly, he stresses the urgency of starting immediately, advocating for learning through action rather than prolonged research. Secondly, he emphasizes the art of asking – seeking feedback, partnerships, and customers with confidence and resilience in the face of rejection. Lastly, Kagan underscores the significance of addressing existing market demand, urging entrepreneurs to identify and solve problems people are willing to pay for.

His approach highlights the iterative nature of entrepreneurship, where experimentation and learning from setbacks are integral to success. By embracing failure as part of the journey, aspiring business owners can refine their ideas and strategies, ultimately increasing their chances of building sustainable ventures………….full-loaf-600x400-1-e1700879832480 This CEO built his company for $60 in one weekend—it brought in $80 million last year: ‘You can copy my model’ | CNBC make it[read more]

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Rising-Dough-e1700879911412 This CEO built his company for $60 in one weekend—it brought in $80 million last year: ‘You can copy my model’ | CNBC make itHow do entrepreneurs effectively identify and address market demand, and what role does resilience play in navigating rejection and setbacks along the path to success?

*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.

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Jahquez
2 months ago

Entrepreneurs find something that makes their thing unique by identifying the much needed addition to an existing product or a completely new thing. And staying resilient. It’s not always gonna work the first time so by continuing to go and making a better will definitely help the overall invention quality and help set the standard for products that follow them

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stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

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Jahquez
2 months ago

Entrepreneurs find something that makes their thing unique by identifying the much needed addition to an existing product or a completely new thing. And staying resilient. It’s not always gonna work the first time so by continuing to go and making a better will definitely help the overall invention quality and help set the standard for products that follow them

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