How To Find MILLION DOLLAR Business Ideas That WORK | Noah Kagan

I'm joined by Noah Kagan, CEO of AppSumo. We talk about how to build products people love, how he lost $1M for not listening to customers, how to find the best business ideas in 2024, and more.
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Episode timestamps:
00:00 Why you should test your business ideas first
00:43 The importance of differentiating your brand
02:07 Best opportunities for entrepreneurs in 2024
06:41 Using content creators to grow your business
08:28 The impact of AI in the workplace
10:15 Platforms to streamline the hiring process
12:40 Why you don’t need to innovate everything
18:43 Tips for hiring A-players
22:55 How Noah lost $1M
27:08 How Greg built the largest real-time stock market
29:43 How to build million-dollar businesses in 2024
33:50 Dealing with rejection in business
37:55 How to decide if a project is worth pursuing
45:58 How to find the best business ideas

[@GregIsenberg]

Btw, the team at CastMagic reached out to me and wanted to give you a free month of Castmagic with the code 'Greg100'
You can check out get.castmagic.io/l953mvcu8yiv to learn more about how to automate your content with AI using CastMagic.

[@Fadogar911]

this guy recently replied to my DM, i love noah 😭😁

[@debraburke3018]

He is a legitimately, nice person who really cares about people succeeding.

[@xolalo145]

Noah is great. My interaction with him was awesome.

[@velvetpunch]

Hit me up Noah, I can make your engagement ring for your girlfriend 😍 Great ep, looking forward to the new audiobook

[@choixmelchoir4325]

Great stuff, Greg and Noah! Thanks for sharing!

[@WalkerJones]

Noah is awesome, you're awesome Greg.
Please don't stop posting these:)

[@leadgenjay]

Solid insights on the importance of customer feedback. Entrepreneurs should also consider leveraging 'negative churn' strategies, where you focus on upselling and cross-selling to existing customers. It can often be more cost-effective than acquiring new ones and helps in building a sustainable growth model.

[@velvetpunch]

Whaaaaaaaaaaaaaaaaaaaatttt baby Noah, CONGRATS MAN!!!

[@noahkagan]

I know, thanks!

[@nonefvnfvnjnjnjevjenjvonej3384]

noah's hat is fire

[@noahkagan]

🔥

[@LRG53]

@14:00

[@issoof6322]

The ad is crazy here.

[@DanBelsky_Health_Money_Love]

I would love❤to contact you in the near future to see if we can collab and profit in this YT entrepreneurship. Thank you. 🙏Dan Belsky

[@harlankrissoff9966]

what about if you have no background, followers, no software background and are basically starting from scratch?

[@CesarGalanYT]

Start creating content about your journey. Forget about followers. Just set a goal like “100 CZcams videos” in a year.

[@mainman3941]

Noah's moustache though...

[@noahkagan]

👨