AppSumo

15 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Jun 24, 2024 by Noah Kagan · across every show →

Everything said about AppSumo, oldest first

Jun 24, 2024 neutral
Disclosure
Kagan: My 'freedom number' when starting AppSumo was $3,000 a month
“And for me, getting started with AppSumo my freedom number is 3000 bucks.”
Noah Kagan Jun 24, 2024 ▶ 3:01 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 positive
Assertion Not checkable as stated
Kagan: A 2010 AppSumo Dropbox giveaway gained 250K sign-ups in hours
“This is in 2010, and we actually built software to run our own giveaway. Launched it in the morning, and by noon, a quarter million people signed up for it.”
Noah Kagan Jun 24, 2024 ▶ 56:41 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Disclosure
Kagan: Prior job tenure under a year is a hiring red flag
“When people are like, Hey, I've had a job less than a year. That, that just, even to this day, almost a red flag to be hired at our company.”
Noah Kagan Jun 24, 2024 ▶ 31:50 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 positive
Assertion Not checkable as stated
Kagan: AppSumo-built Calendly competitor TidyCal generates $3M-$4M annually
“So we launched a Calendly competitor called TidyCal. I don't know if you've heard of this, but yeah, that's a, you know, three, four million dollar a year business.”
Noah Kagan Jun 24, 2024 ▶ 57:27 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Insight
Kagan: Marketplace platforms exist because creators cannot market effectively themselves
“If Google was cheaper or Facebook was more efficient or people could do marketing themselves, like there wouldn't be AppSumo. There wouldn't be Airbnb if you could just promote your home yourself.”
Noah Kagan Jun 24, 2024 ▶ 14:57 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Assertion Not checkable as stated
Kagan: How I secured free launch ads from Reddit's founders
“And then I got, I asked the founders to give me ads for free. Jeff Berman: The founders of Reddit to give you ads for free. Yeah. Why would they? Noah Kagan: Well, I think because they were launching their ad platform and they wanted some data on it. And so, y…”
Noah Kagan Jun 24, 2024 ▶ 15:43 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 negative
Disclosure
Kagan: AppSumo failed every time it tried to force hypergrowth
“Every time we've tried to hyperscale and go beyond, I guess, the organic growth curve of our company we've, we fucked up.”
Noah Kagan Jun 24, 2024 ▶ 27:02 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Assertion Contradicted
Kagan: No Products Promoted on AppSumo Have Subscriptions
“We go out and find tools that are more, more or less getting started, and then we negotiate a deal, 50 dollars for life, so none of our products that we promote on our marketplace have subscriptions.”
Noah Kagan Jun 24, 2024 ▶ 1:09 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 bullish
Assertion Not checkable as stated
Kagan: AppSumo grew from over $300K to $3M in its second year
“And then AppSumo, our first year was somewhere 300,000 plus. Second year is three million.”
Noah Kagan Jun 24, 2024 ▶ 12:24 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 bullish
Disclosure
Kagan: AppSumo is tracking at 25% growth in 2024
“And I just got a, you know, every day I get a pulse and like we're already at 25% growth this year because we're not stressing on how we 10 X our business so fast and try to prove to anybody else.”
Noah Kagan Jun 24, 2024 ▶ 30:15 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024 positive
Assertion Supported
Kagan: AppSumo makes almost $100 million a year in revenue
“Now, you know, AppSumo today, you know, almost a hundred million dollars a year in revenue, which is insane.”
Noah Kagan Jun 24, 2024 ▶ 17:31 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Insight
Kagan: Practice management by hiring a home cleaner first
“Now, for me, I think hiring is a great practice, and the easiest way to practice it at home. Hire a cleaner. Just practice it. Do they come on time? Do they, do you have a checklist for them? How do you make sure they're doing well? How do you pay them where t…”
Noah Kagan Jun 24, 2024 ▶ 25:33 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Assertion Not checkable as stated
Kagan: AppSumo Has 1 Million Entrepreneur Buyers
“We have a marketplace of, you know, million entrepreneurs that want to buy software”
Noah Kagan Jun 24, 2024 ▶ 1:42 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Assertion Not checkable as stated
Kagan: AppSumo launched with only $48 in total startup costs
“No, it cost me 48 dollars. I got, a guy named Muhammad who I still talk to this day, 15 years later he helped me put the PayPal button on the website. And it was 12 dollars for the domain, that's part of the 48 dollars. And then I used Gmail as my back-end.”
Noah Kagan Jun 24, 2024 ▶ 16:38 Noah Kagan: How to start a business today | Masters of Scale
Jun 24, 2024
Disclosure
Kagan: Subconscious Fear of Repeating Father's Mistakes Haunted AppSumo's Early Years
“And I was like, well, I guess in subconsciously, I'm sure that's how I felt many years running up soon. Like I'm going to do the same. Just like be reckless, be a liability, make some bad decisions, make bad hires, you know, go, you know, just self-sabotage.”
Noah Kagan Jun 24, 2024 ▶ 31:08 Noah Kagan: How to start a business today | Masters of Scale
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