Noah & Nev take some entrepreneur-ish questions

30 Dec

Noah & Neville answer answer some user questions such as:

-Carrying out an idea. Do you just jump right into every idea you have and start building it, or do research first?

-How do I know if a business can be profitable? Noah shows his quick-n-ghetto cost-analysis formula.

-Do I need venture capital or outside funding for my business?

-Building version 1-point-O of your idea before rolling out something fancy.

-How do you advertise a service (based on Noah’s experience at Mint.com)

-How to find the right customers that actually fork up lotsa money

-How long does it take to be profitable?

-AppSumo cost $60 to build….how did you do that?
(watch our Outsourcing video for that)

-Do you need partners to start a biz? How did AppSumo do it?

-A rapid-fire-re-cap of all the questions (at the end)

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    12 Responses to “Noah & Nev take some entrepreneur-ish questions”

    1. Darren Crawford December 31, 2011 at 3:03 am #

      I totally had to pause this to listen to some Violent Femmes after the guitar intro… on with the show! Beer.

      • Neville December 31, 2011 at 5:47 pm #

        Hahahah….
        Do do do doooo do do do do doooo do….SUMO…SUMO!

    2. Matt Horwitz December 31, 2011 at 4:17 am #

      Yo guys, I’ve really been enjoying a lot your videos recently! Great content and I love how you both cut through all the BS. Systems start small. Test and see if it works. If it does, scale it up – love it!… as I am learning and growing my processes, this info is key. Hey~I was looking for Noah’s product on his automated hiring system.. can you hook it up with the link?

      Cheers!
      ~Matt

      • Neville December 31, 2011 at 5:48 pm #

        Looks like someone provided the link below…

        Glad you enjoy these, they’re fun to make and they really do seem to help a lot of people!

        Thanks for watching Matt :-)

        • Matt Horwitz December 31, 2011 at 6:01 pm #

          Thanks Neville – been studying your kopy too. Keep up the hustle my friend.. great things you guys are doing :)

    3. Sean December 31, 2011 at 2:34 pm #

      Hi Matt,

      Here is the link to Noah’s automated hiring formula page:

      http://appsumo.com/appsumo-hiring-secrets/

      I hope it helps!

    4. Jason January 6, 2012 at 3:40 am #

      I really love the appsumo logo. I was wondering who/where it was designed by.

      • noah kagan January 15, 2012 at 3:24 pm #

        The guys over at stickermule.com hooked it up.

    5. Dudi January 6, 2012 at 7:32 am #

      Love the videos Neville! Subscribed to your youtube channel. You make me want to be a better wantrepreneur…

      • Neville January 15, 2012 at 12:10 am #

        You mean a better ENTREPRENEUR!

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