I Was Fired From Facebook In My 20s-Now I Make $3.3 Million Running My Own Tech Company
Noah Kagan, 41, CEO and Co-founder of Appsumo.com, earns approximately $3.3 million a year. Before starting Appsumo.com, he held positions at tech companies such as Intel, Mint.com, and Facebook. Currently, Noah divides his time between his homes in Austin, TX, and Spain.
Check out Noah's book Million Dollar Weekend here: noahkagan.com/mdwbook/
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Produced and edited by: Lauren Shamo
Senior Managing Producer: Eric M. Clark
Sr. Production Manager: Kathryn Mavrikakis
Camera: Camila Ortega
Animator: Elham Ataeiazar
Reporter: Ryan Ermey
Additional Footage: Getty Images
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I Was Fired From Facebook In My 20s-Now I Make $3.3 Million Running My Own Tech Company
Пікірлер: 355
I know Noah personally from the tech community and couldn't be happier for his recent success. Such a humble guy who does right by everyone.
@noahkagan
3 ай бұрын
Thank you Chris 🙏
@paultaylor658
2 ай бұрын
Interesting. According to Glassdoor reviews of App Sumo he's singlehandedly running the company into the ground and treating employees like garbage.
@biscaynesupercars
2 ай бұрын
@@noahkaganhey noah I saw you on Iced Coffee Hour then actually met an employee of yours at VidSummit and she had nothing but great things to say about you. You have a very cool story.
@calisongbird
2 ай бұрын
@@paultaylor658a bit of an exaggeration. 65% five-star rating, which isn’t bad. I see plenty of good reviews too
@patrickprendergast9589
2 ай бұрын
does he give to israil
If enough people left the giant tech companies, the world will continue to have innovation. Fewer billionaires, and more multi-millionaires, improved and more prosperous economy.
@recursion.
2 ай бұрын
Let us see if you can do it first?
@newagain9964
2 ай бұрын
Doubtful. The highest of economic and social elite will still control the monetary system.
@HolahkuTaigiTWFormosanDiplomat
Ай бұрын
0.0
"It's a good experience to get fired" , well maybe not for leaking information, then paying a developer to copy someone else's work. He has some good idea's, but not all of them.😎
@ykx777
2 ай бұрын
some of the best businesses were just copies of other things
@HolahkuTaigiTWFormosanDiplomat
Ай бұрын
Being honest is also a trait to a better life.
Noah deserves everything! He opened the door for my small business to access circles that I never would have otherwise. Keep going bro! (😂 btw I’ve never heard him speak so slowly. I usually have to slow down the playback on his videos. This is a passionate man right here )
he's a total legend. he gives out so much alpha info on his channel, blog, book and much more. thanks, Noah!
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
@samuelroddy5382
3 ай бұрын
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
@Michelleyoung-dq3zc
3 ай бұрын
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
@clarabrown9920
3 ай бұрын
Hey how good are your earnings I will like to get some insights into trading thank you.
@Michelleyoung-dq3zc
3 ай бұрын
Currently i can attest to the fact that I make $18,300 weekly through trading which is more better then my monthly salary job. Trading becomes my passive income.
@VictorMartinez-ko5ct
3 ай бұрын
I can relate to all you said becaus am facing similar thing right now. Congratulations I wish you more success.
Been a follower of Noah for few yeras now . Lot of his videos provides good insights and helpful in a way to move forward
@kafenaded
2 ай бұрын
we on the same boat then
Thank you for sharing ✌
Noah, you are the best!
Great episode. Noah's book is worth every penny and his content is valuable AND entertaining.
His channel is cool, I watch his channel if I want the cliff notes to how someone built wealth, and I watch diary of a ceo if I want to listen to a long form pod
Enjoy listening to Noah and his YT channel. appreciate him sharing a little about his financial life.
Been watching him all 2023... big youtuber but his niche is competitive (interviewing smart CEO types...) Cheers Noah.
@dertythegrower
3 ай бұрын
Crazy to see his face in the cnbc thumbnail.. hope they paid you and not the other way around, Noah 😅
I love his KZread channel ❤
This is vidoe is inspirational for poeple who were affected by the mass layoffs!
Noah is a good man
Thank s for sharing
Jobs will pay your bills, business will make you rich but investment makes and keep you wealthy!
@claresmithy4667
2 ай бұрын
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
@lukeben1596
2 ай бұрын
This video got me hooked, and now I’m determined to become a billionaire in just two years! 💪💰
@mirabellelia9996
2 ай бұрын
No specific one really, because there are lots of investment plans and strategies littered all over the internet today, for instance, investments like real estates,gold, drop shipping crypto currency and lots more
@lasvegasluca9509
2 ай бұрын
I've heard alot about crypto currency investments and how effective it can grow your income! Any recommendations on a guide?
@haydencraig7149
2 ай бұрын
Catherine S. Woods is an amazing tutor for crypto. Highly recommended! She’s been my Tutor and Mentor for past solid 8years!
I love uncle Noah, he's massively generous
BUY HIS BOOK! Million Dollar Weekend is an instant classic…
I saw this guy several years ago on his KZread channel. Now he got his face on CNBC - i'm truly impressed. Thank you for inspiring all of us.😊
Love Noah!
Still rocking the NB Miata! You’ve earned my respect fam!
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance but if you want to make your money work for you...prevent inflation
@lucymorris4182
2 ай бұрын
What are you talking about and how could this be explained?can someone please explain
@user-ki2vn2wu4p
2 ай бұрын
I'm really confused, especially in market analysis, how are people using trading with them?
@minidinusmark1794
2 ай бұрын
Trading with an expert is really beneficial. This will help you not to lose your money in the trading market.
@emilioiglesias6892
2 ай бұрын
How does this crypto stuff really works and how do I make I make good profit from it? I'm willing to invest in it but I need guidance so I don't lose out
@johnderek2896
2 ай бұрын
Jane Roy
My great mentor, Uncle Noah🎉🎉🎉
@noahkagan
3 ай бұрын
Thanks nephew!!
Good job Noah !
What a comeback. I remember him as the guy who lost out on Facebook. But wow what a way to turn it around. Congrats
Inspirational ! 👏🏽🎉
i love this !
Thank you for sharing your story Noah keep up the good work 💪😎
My OG content creator. He meets the people that matterz....
Pre-ordered your book a couple weeks ago! Looking forward to the gems of wisdom you’ll share. Congrats Noah 🎉
Very cool!
App Sumo in the House 💪🥳
What a cool guy Noah is. Would love to meet him one day
Good for you
Great story
6:50 genius man
I thought I was just watching Noah on his channel, but then realized he was finally featured on CNBC's Make It
Awesome!
This Guy is amazing, I follow his KZread Channel, he makes quality content 😌
@noahkagan
3 ай бұрын
Thanks Gyan (:
@ririr2
2 ай бұрын
@@noahkagan yet another crappy youtuber who makes claims about big $$$ yet can't afford non-mortgage home or a new car.
Good guy Noah 👍🏽 Already pre-ordered the book and audiobook
Thank you for sharing ❤
This is an excellent piece. This video differentiate gross sales, net revenue and profit.
Very inspirational. Will follow him. This is like the exact type of thing I'd love to do. Moderate but nice things, just take week off and go travel, but grind on something I'm passionate about every other day! Hope I can find an idea and get to that soon!
@noahkagan
3 ай бұрын
Exactly - it's doable. Ideas are easy - you can start today.
@doctort.quinlan4101
3 ай бұрын
@@noahkagan any tips on brainstorming an idea? I had one idea I pitched at a few competitions before and actually won top 3, but I just don’t see how it’s feasible. At my stage, seems like everything’s done or not possible. I’m 100% being naive though. Thanks for the response Noah!
He looks so young for 41! Legend
He is flexing that Mazda Miata like it's a Porsche 911 S/T.🤣🤣🤣
i love uncle Noah some of us didn't have these figures growing up
Down to earth! 👍👍👍
Congrats on the new baby! It’s definitely going to change things up.
@noahkagan
3 ай бұрын
Looking forward to it 🎉
@joejohn.
Ай бұрын
he called her his gf tho and not wife/fiance
Taking a break on Saturday from work is underrated. I’m glad Noah and I have something in common
I began investing at the age of 40 primarily by leveraging my hard work and dedication. Now, at 45 years old, I recently achieved a milestone where my passive income exceeded $100,000 in a single month. This success reinforces the importance of following this valuable advice. Take action and make it happen
@Alexibawendi
3 ай бұрын
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
@juanjurado8677
2 ай бұрын
Bruh you look 80 years old in your pic
@ririr2
2 ай бұрын
@@juanjurado8677 that's because of stress levels man
So is he a developer by trade? Sounds like he didnt create the technical infrastructure for anything, but was on the business/ideation side?
@paultaylor658
2 ай бұрын
I presume he's a typical business "ideas" guy. Main skill = talking
SO happy for Noah that he's going to become a dad, has a great woman in his life AND that he still drives a wonderful Miata :)
*Great Video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach*
@MarkAlison-vj1kf
24 күн бұрын
@Nguyenyen-dz9wc
24 күн бұрын
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
@Mariajude-kp5mc
24 күн бұрын
I feel sympathy and empathy for low income individuals who are struggling to survive. If it weren't for my investments with Katrina jornales I wouldn't be where I am today.
@Glorianed
24 күн бұрын
Interesting, you also trade with Katrina? That woman has been a blessing to me and my family as well.
@Stellacletus-pb7kv
24 күн бұрын
This is not the first time I am hearing of this woman and her exploits in the trading world but I have no idea how to reach her?
Cool video, My relationship of 5 years ended a month ago. The love of my life decided to move on, I really loved her so much i can’t stop thinking about her and the memories we shared. I’ve tried my very best to get her back in my life, but to no avail. I’m frustrated, and i don’t see my life with anyone else. I’ve done my best to get rid of the thoughts, but i can’t. I don’t know why I’m saying this here, but i really miss her and i wish i could get her back.
@jack-gx
2 ай бұрын
I have been in such a situation. My relationship ended about three years ago, but i could not let her go. So i had to do all i could to get her back, i had to seek the help of a spiritual adviser who helped me bring her back. We are back together, and i must say i am enjoying every moment.
@Jose-lz6cw
2 ай бұрын
Amazing, how did you get a spiritual counselor, and how do i reach her?
@jack-gx
2 ай бұрын
Her name is Maurice Gleti, and she is a great spiritual counselor who can bring back your ex.
@katechenney
2 ай бұрын
Thank you for this valuable information, i just looked her up now online. impressive
@whythis-
2 ай бұрын
crazy fake story bots lolll
He’s living my dream life 😢
Funny how he said that he's losing money in Real Estate....
A Miata man. He deserves it all
I have no idea why he needs a sauna in austin lol
wow.....Your story is dope......
Love these videos!
I was laid off after 8 months. Now I need to find my path
I've actually seen him in other videos before this one
@dertythegrower
3 ай бұрын
He is a youtuber, animekid 😅
I like how simple he thinks.
@dertythegrower
3 ай бұрын
Dude is not simple, he is very complex and talks to many industry CEO.
I thought Noah only had KZread and didn’t know this humble guy is a multimillionaire 🤷🏽♀️
"Low salary" *$200k* Surgeons with 12-15 years of college education+reaidency: he makes more money than most of us
Materialism is bad. If you are constantly buying things just to feel good and not actually using them more than once. But if you buy a plane and fly it often then you are getting your moneys worth.
He seems like a real chilled stand-up guy
I was fired - went back to school got three Associates Degrees and just got my Bachelor’s lol 😅I guess getting fired from jobs is not so bad lol 😂
@calisongbird
2 ай бұрын
Same… well, similar. I was laid off (not fired) and now finishing my BA. Already had 3 AA’s. 😊
@shaunmc013
2 ай бұрын
@@calisongbird congrats 🎉 🍾 🎈 different circumstances but same outcome! Way to go!!! 😃
Love that he’s still a Miata guy
@donsterr
2 ай бұрын
Facts! Lol
@supahamster
2 ай бұрын
Yup!!!
I was also fired by a big Tech, currently been looking for jobs for a year. He is a lucky man, I hope I can be as lucky as he is.
@Tlion2102
3 ай бұрын
How comes you cannot get a job for one year 😱
@stevenj29
3 ай бұрын
It’s not luck, he said it himself that he worked for years to try to become a successful entrepreneur. He lived in a basement and invested everything he could into his ideas. This didn’t happen overnight
@Ovprksdnw
2 ай бұрын
I'm sorry about your situation and hope the tide will turn for you soon. Noah's firing happened in 2006, during the boom market when it was much easier to find the next job. Not discrediting his work ethics in any way, but the economy IS a factor
@fycfyc1
2 ай бұрын
@@stevenj29 It's almost all luck, there were scientific studies done on this topic and hard work actually has almost no influence on success. Otherwise all of us will be millionaires.
@newagain9964
2 ай бұрын
@@stevenj29your right, not so much luck (or even hard work) as it is he had connections
Just now discovering about Noah for the first time through this video. It's beautiful to see the humble beginnings and display of entrepreneurship through out his journey.
When I saw Richie Rich the movie as a kid, I knew I wanted to be wealthy.
A truly inspiring journey! Two important learnings that stand out to me. The first is how Kagan started Appsumo in the beginning (e.g., hiring a developer at a low cost; promoting the website on Reddit; etc.). The other is his current investment portfolio, which is quite diversified (e.g. he is diverisfying into S&P 500 and global index funds). I took detailed video notes✍on this video on my website in case you are interested.
Nice sauna Noah!
Ho he is also a bold KZread r !!!!!
3 milhions in annual salary and at the same time paying mortage..... interesting
@jovna5315
9 күн бұрын
He can deduct his mortgage interest from his taxes and let his 3 million work somewhere else invest it. Stock market real estate crypto whatever, it’s actually pretty smart.🤔💡
0:53 - NOAH, that dual-chaise sofa looks so scrumptious, can I find it retail or was it custom?
@dertythegrower
3 ай бұрын
that is a company that sells those, pretty sure cnbc even did a flick on it.. forget the name
@dertythegrower
3 ай бұрын
comfy couches or cozey couches?
I follow him on KZread but I didn’t know he’s already a millionaire 👀
He said, "I don't work until 12, then I stop working at 6pm" then says "I work 12 hours a day and take one day off, I've been doing that for years" Huuuh???? I bet you he actually works 16 hours a day, lol
His dad and step dad were kind of like the book Rich Dad Poor Dad 😮
Swapped out the yellow Miata for a white one. Very cool.
I feel like there are gonna be lots of lonely single old people who have no kids, just some career accomplishments and few hundred thousands or few millions in their saving account in 2050 (where everything is 10 times more expensive than now so 1 million will probably be the new 200k salary). Cause these millennials and most gen-z don’t wanna have a family at all in this horrible economy, they just wanna have a nice house, a car, a stable life, and building family is a bit too risky financial decision.
been following this guy for sometime...love his videos.... interviewer gets interveiwed
Doesn’t he have a youtube channel asking people how they got rich?
@noahkagan
3 ай бұрын
Yea
Don’t understand how you can make that much money and not be debt free
I am a ceo here in uk and I am at a level I know how to grow my business but at start it was not easy go and I spent a lot of money on social media, business growth and now I am getting it back from my business growth this 2024.
Noaaaaaaaah
Can we talk about that watch he is wearing…what is it?
Maria is one lucky woman
So it's a success story to breach ethics with your company (Facebook), copy other's work (software), and underpay workers (developers)? What's the message here, anything goes?
@lifeisbeautiful7452
Ай бұрын
He learned from the founders of our country.
Under water right now unemployed working hard to do an AI sas
I am happy for anyone who makes a great financial lifestyle especially when its legal. Oh yeah to kids watching you dont have to be an ATHLETE/ENTERTAINER to work hard at becoming RICH/WEALTHY
There's nothing special about appsumo at all.....that's why i don't get it
@anoukc6928
3 ай бұрын
That’s what I thought too.
Partner? Should be 'wife'...
I hate being poor. I hate rich people.
The difference b/w gross, net, and proft seems substantial. I'm curious to know what are their operating costs.
Statistically, the likelihood of becoming wealthy is low, so why invest time in watching these videos?
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?
@mark45427
3 ай бұрын
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...😊
@tomassoler5813
3 ай бұрын
All you need now is a professional trader esle you will continue making losses
@erickjosh322
3 ай бұрын
Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@EmilyKimberley653
3 ай бұрын
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@melindajudi
3 ай бұрын
That's true most people today have been having a lot of failure in fx and crypto sector because of had orientation and bad expert