Noah Kagan
speaker
66 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
Noah Kagan’s voice in public audio — every appearance, attributed to the second.
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Appearances
The School of Greatness · Asking for a Raise Beats Cutting Your Expenses | Lewis Howes · 23 May 2025
podcast
100%.
Every billionaire has a few different things, but I'd say the two most common things between a millionaire and a billionaire, most billionaires picked one thing, just one thing. Let's just go. I mean, Bob Metcalf at Ethernet created the Ethernet, pretty big deal. John Paul DeJoy, he created $2 billion companies, Haircare and Patron Tequila. Michael Hudner did Ships.
And all of them just have one thing that they focused on and most of us are like well I'm gonna do real estate and I'm gonna do a little content and I'm gonna try to eat commerce business I'm gonna have a seven passive income stream. Yeah, I don't and so for me as I've gotten older I'm only doing app sumo.
It's like I have a book Oh my girlfriend and our baby that's number one and then it's like app sumo number two my business and then I yes I get to do YouTube which I love making content similar to you I have a book where I'm teaching other people how I did what I did. Yes, and I I love that they did one thing.
I think the second thing that's probably not recognized is they're in billion-dollar markets. They're in billion-dollar opportunities. So what's a billion-dollar opportunity? Honestly, this is going to sound silly, but like lawn care. How many lawns are out there? You have a lawn? I have like a fake yard, yeah. It's a lot of water in California, so yeah. True. Do you have a pool? I do, yeah.
Pool care. And how much do you pay your pool care person? Oh, 100 bucks a week. Weekly, yeah. So 400 bucks a month. Yeah. So that's $5,000 a year. You have 50 pools. It's like, hey, that's a million dollar opportunity. And then so you realize like pools and certain things like can be billion dollar markets.
And most people, and this is something I had to recognize through boring businesses, boring businesses is not, and it's not just boring. It's just billion dollar opportunities. Like, and John Paul DeGioia was a great one that I sound fascinating because he's like, find something that's in the reorder business too. So not just a billion dollar market, like shampoo, billion dollar market.
But people need to buy your product over and over and over again. So I think there's something fascinating. A billion dollar market is a product that people need like pool care. Doesn't have to just be tech. I come from tech world, but there's a lot of different businesses out there to be creating. Like you can make money in a lot of different ways.
And that's been also fascinating with talking to all these people. Yeah. From ships to basements. Like there's just so many different ways. Right. A lot of ways.
Yeah, I remember him. The other person I think of when I think of success, I asked the founder of Strava. You know Strava? It's a cycling tracking app. It's like a social network for cyclists. Yeah, yeah, yeah. And this is the most unique one. I don't know. I don't think he's a billionaire, which is totally great. He's still doing really well. It's an amazing app, big business.
And I asked him, I was like, what success? He's like, not waking up to an alarm. That one's I never forgot because it's such a, it means you have freedom of your time. You're a time millionaire. And the fact that you're like, I can wake up whenever I want and do the things I really want in my day. That is, to me, I like, okay, I like that level of success.
And the other guy was the founder of Kinko's? His founder of Kinko's. And yeah, I mean, what was shocking about his story, he sold his company 2.4 billion, became a billionaire. And the disappointing part, he was awesome. I really admire him. Mr. Ophelia. But he said he was stressed for 34 years. He's like, every day I'm stressed. Building back business. Yeah. He's like, is it going to work?
Am I have a payroll? Do I have to do this thing? I have to fly that stuff. And I remember just being like, I don't want that. And that's the coolest part about life. I can look at Lewis. I can look at Noah. I can check him out. I can be like, whose haircut do I want to try? And guess what? You create your own.
You take all these different ones and you get a piece together the haircut you want to actually wear. Yeah. So I like seeing that. I was like, I don't want to live that life. I'm happy making less money, but doing it the way I want. Yeah.
Yeah. I'm 41, and I think you have to be stressed in your 20s. There's a part of stress that's good. It's not always a bad thing. You have the book out there, Upside of Stress. So in your 20s, you're figuring out your life, and you're just working your ass off. You don't know really what's happening. And in your 30s, you're kind of a little more clear. You're like, okay, I like maybe YouTube.
I like promoting products. And then your 40s, for me, I find it calm. And that just takes time to find out who we really are and be patient with some process that eventually we will figure it out. And for me, COVID, I would say, is when I finally found more peace.
Why did COVID bring you peace? Because I recognized that how I was approaching business, I had a plan. I was like, here's what we're going to be doing. Here's our budget. Here's our business. And I have a plan that I can follow. So that was part one. And part two is I didn't really like how I was living. I was engaged. And it Didn't work out. Really? Yeah.
My business partner had a line he was recommending. He said to me, he's like, are you getting what you're getting or are you getting what you want? From the relationship? Yeah. Not from as a business partner. He's great. Shout out Chad. He's amazing.
Yeah.
Or are you getting what you want? And what was the answer? I'm not getting what I want. And that's hard, right? I think most of us, this is the thing I've noticed about advice, especially watching interviews and interviewing people. Most of us know the truth. We know our truth. It's just hard. And we don't want to accept it. Everyone has courage.
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