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Noah Kagan

Chief Sumo at AppSumo.com | Helping entrepreneurs get started

Noah Kagan is the Chief Sumo and CEO of AppSumo, a company he co-founded in April 2010. AppSumo is known for providing tools and content aimed at helping entrepreneurs succeed. Kagan has a diverse background in marketing and product management, having previously worked at notable companies such as Facebook and Intuit. He was the 30th employee at Facebook and served as a product manager there for about eight months. Additionally, he held the position of Director of Marketing at Mint Software Inc. for ten months before founding AppSumo.135

Kagan is also recognized for his entrepreneurial spirit, having founded OkDork, a blog focused on marketing and business advice, in June 2001. His career began at Intel as a Geography Marketing Analyst, and he has been involved in various startups and projects throughout his professional journey.234

In his personal branding, Kagan emphasizes a passion for helping others and shares insights on marketing, productivity, and personal improvement through his online platforms, including a blog and YouTube channel.34

Highlights

May 7 · twitter

I have a friend with a $50M stock portfolio.

I’m jealous of him. We’ve had roughly the same time horizon. He put his energy into picking stocks, I put mine into AppSumo and indexing on the side. His returns have absolutely crushed mine. Not even close.

And every time we talk about it, the same thing happens. I get this itch. Maybe I should make some trades. Maybe I should pick a few names and try to catch up. Nothing crazy, just some moves to juice my returns.

Then I actually asked him how he does it.

• He calls employees of the companies he’s looking at. • He sits through earnings calls. • He uses the products at a depth most people never bother with.

It’s not “read a Substack and buy the ticker.” It’s a job he treats like a job.

That’s when it clicked. He’s a professional. I’m a hobbyist.

And the reason my hobby trades would lose to his professional ones isn’t IQ or luck. It’s reps and time. He’s putting in the work I’m not putting in.

The same is true in reverse. He could spend a year trying to compete with what we’ve built at AppSumo and he’d likely lose. Not because he’s not smart. Because I’ve spent 15 years in this seat and he hasn’t.

The lesson I keep coming back to: everyone has some alpha. A thing where they’ve actually earned the edge. The trap is when you start looking sideways at someone else’s alpha and try to half-ass your way into it. That’s not investing. That’s distraction.

You can be a professional stock picker and still suck. You can be a professional founder and still fail. But you have zero shot as a hobbyist trying to beat a professional at their own game.

If you’re not the professional, hire one. Or just ask the people who are. Most of them will tell you exactly what they’re doing if you actually ask. Copy from the best instead of guessing on your own.

So I’m back to indexing and chilling on the stock side. And spending the real reps where I actually have alpha. Running AppSumo.

Apr 30 · twitter

New improvement I HATE that Customers LOVE on AppSumo - MEGA Menu - increased conversion 5.64% 📈 https://t.co/wCbIyYYpc8

New improvement I HATE that Customers LOVE on AppSumo - MEGA Menu - increased conversion 5.64% 📈 ht

Related Questions

What inspired Noah Kagan to start AppSumo?
How did Noah Kagan's roles at Facebook and Intuit influence his career?
What are some of Noah Kagan's most successful marketing strategies?
How did Noah Kagan grow AppSumo from $3M to $84M in just 6 years?
What are some key lessons Noah Kagan shares on his podcast and YouTube channel?
Noah Kagan
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Experience

Chief Sumo & CEO at AppSumo
Founder at OkDork, Co-founder at Gambit, Director of Marketing at Mint Software Inc., Product Manager at Facebook.com

Education

BS, Haas School of Business

Location

Austin, Texas, United States