How To Start A $1,000,000 Business With 0 Employees

Рет қаралды 690,421

Күн бұрын

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What if I told you you could make more money than a fortune 500 CEO with a 0 employee business?
I wanted to find out how the heck that’s possible, so I interviewed 3 entrepreneurs who make over $1M/year with NO employees to ask them what their secret is and what advice they have for people who want to follow in their footsteps.
Featured Solopreneurs:
Sam Parr: / thesamparr
Justin Welsh: / thejustinwelsh
Neville Medhora: / nevmed
✉️ Signup for my weekly newsletter (I reply to emails): okdork.com/
🔔 Subscribe: / @noahkagan
📸 Connect on IG. I reply to DMs. / noahkagan

Пікірлер: 567

@meech7520 Жыл бұрын

Where's the course on 'getting rich without selling a course'?

@APR702 Жыл бұрын

Cause that would cost too much common sense to make

@Redditor6079 Жыл бұрын

Why bash information products? Granted, selling a course on getting rich is scammy, but there's plenty if information out there that people need or want that can be packaged into a course. Really, a good course is about shortening the learning curve of any particular skill.

@robertmariano Жыл бұрын

That's the best comment!

@emmaphilo4049 Жыл бұрын

@@Redditor6079 the hard thing is to know which course is good, which one is half good and which one is utter BS. Everyone does courses these days🤷‍♀️

@rizqimaulana8503 Жыл бұрын

@@emmaphilo4049 Everyone goes to college, and most still live paycheck to paycheck. No one calls college a scam. It's about how you utilize the information you get from the courses. Of course, you need to do your own research to determine which one is fit for you..

@andym2640 Жыл бұрын

When he said "I don't want to worry about anyone else but myself and my wife" I felt that one 100%.

@user-qt8gg1pp3q 10 ай бұрын

After that statement, I like the video 😁

@infinityrobot 9 ай бұрын

@@user-qt8gg1pp3q SAME 😁

@beautifubae7523 6 ай бұрын

Love this statement

@RR-et6zp 5 ай бұрын

read the unplugged alpha by richard cooper

@beautifubae7523 4 ай бұрын

@@davidhenryhudson3102 the definition of stress free. You can’t save everyone

@bradtrades Жыл бұрын

@9:49 "Have very good lives." He totally nails it. Had a small business for years will about 12 employees, always problems and drama. Never got big enough where I could have someone dedicated to dealing with all that. Now its just me, I make basically the same money and have never been happier. Want to know how well you're doing? Rate how well you sleep at night.

@ThrottleThrill Жыл бұрын

Or rate your mood each day when you wake up

@hassanamir387 Жыл бұрын

So true, years ago I had a small business where I was on my own, was basically a freelancer and used to do some outsourcing. Now the business I’ve been running for the past 4 years or so I have around 15 staff, the amount of headaches and stress I have now is crazy and I really want to go back to just being by myself or very small team. Even if I make less money I’d much prefer that. So I’m going to sell this business and go back to a similar setup I had before as life was so much better back then

@ricardoamorim5395 Жыл бұрын

dont you feel lonely?

@hernancortes6575 Жыл бұрын

@@hassanamir387 what business? If you don’t mind me asking

@hassanamir387 Жыл бұрын

@@hernancortes6575 used to have a web design business, working mainly with local businesses. Used to do most of the work myself but would outsource sometimes if it was a busy period. Now I’ve got a fast food business. Whole load of headache lol

@kelvinmcdonald5113 Жыл бұрын

Every family has that one person who will break the family financial struggles, I hope you become the one. Amen

@radzbites Жыл бұрын

this is the sweetest comment and rings so true. Thank you for this small piece of encouragement and prayer, wishing the same for everyone here!

@MaryOlson7 6 ай бұрын

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

@MaryOlson7 6 ай бұрын

@@AustinWalker67 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@MaryOlson7 6 ай бұрын

@@AustinWalker67 I will give this a look, thanks a bunch for sharing.

@Patricia-Margaret 6 ай бұрын

@@MaryOlson7 Bridget Mary Turow her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

@Mr_Kenneth Жыл бұрын

MASSIVE RESPECT TO JUSTIN. Im laser focused on myself, making sure my sister is okay, and my business.

@wilsonkrusk8652 9 ай бұрын

I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.

@mateosantiago5795 9 ай бұрын

I cannot focus on the long run when I should be retiring in 4years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/ unstable market doesn't provide any calculated risk opportunities to make profit?

@suziehovic 9 ай бұрын

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

@madhav411 9 ай бұрын

True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

@josephhughes9583 9 ай бұрын

@@madhav411 How can I contact your Asset-coach as my portfolio is dwindling?

@madhav411 9 ай бұрын

Can't divulge much, it's only right you do your due diligence. I'm been guided by Olivia Maria Lucas and most likely, the internet is where to find her deets.

@jake_steele Жыл бұрын

This might be the best video you've put out. I'm going to have to re-watch it a couple of times to get all the info.

@financebae Жыл бұрын

This was very well edited. Thanks for sharing ❤

@FrugalRad Жыл бұрын

Great topic. A friend whose family has had a successful small business for a very long time has intentionally stayed small... he told me their philosophy was, "keep it small, keep it all."

@HMuny55 4 ай бұрын

Thats a philosophy that isnt broadly applicable. You can have a big slice of a small pie or a small slice of a giant pie. Typically a giant pie is better than a smaller pie.

@techtalk0007 3 ай бұрын

Can you elaborate

@grantwilkinson4310 Жыл бұрын

This is an awesome interview series! Congrats to you and the team.

@reroberson5385 Жыл бұрын

NK I've been following you for awhile. I think this might be your best piece of content. Thanks.

@yourfinancialjourney Жыл бұрын

Thank you Noah for this very interesting video. The important part of being a solopreneur is that you can manage to maintain that work-life balance and still have time for family, and friends, and keep your mind away from your work ( checking emails on your phone for example during your breakfast or dinner or while you watch a movie!). We work to live but we do not live to work. If you are not able to have that balance, I think it is better to outsource some tasks, it takes time to find the right people but when you have found them... you get your life back and some free time to relax!

@goldenlabelstudio Жыл бұрын

This is one of the BEST 10 minute “how-to” videos!

@about2flip Жыл бұрын

Thank you for this video. Wish it was longer than 10:00min. Great Information! You have a video on starting a newsletter?

@eugeniyyelensky9734 Жыл бұрын

That's a really inspiring video! Thank you so much, Noah. You are so cool! Do you have any videos about how to find and validate ideas for solopreneurs?

@michaelmmcpherson3633 Жыл бұрын

He’s absolutely right. I don’t want to worry about no one else but myself when it comes to running a business.

@TrevorTynesLocalSEO Жыл бұрын

Hey Noah! I've been listening and watching for the better part of a decade, and love this video; it could be my favourite one yet. Much love to you!

@mavericksr3530 Жыл бұрын

this here uncle Noah is the real perspective on how to start a business. thankyou so much

@Callraja Жыл бұрын

Your videos never fail to inspire me, thanks Noah. Please dont stop making these videos!

@coachrye Жыл бұрын

Good stuff again, Noah. That song at end though... took it from Good to Great 😂

@annastayziaa Жыл бұрын

this is a wonderful video Noah! thanks sooo much! 😃

@Skargar Жыл бұрын

Thanks for the different perspectives. It shows that there are so many options and we have to chose one we like and make it work.

@alexk3352 2 ай бұрын

Uh, they all basically showed one option: making courses/newsletters.

@hausiasiale2698 Жыл бұрын

This video is packed with value. Love the format.

@benediktalkhafaji9241 9 ай бұрын

Just stumbled on your vids, really cool! Thanks! Enjoyed this one, fun to watch!

@FinancialThoughtsWithPatrick Жыл бұрын

Good to know this is possible! Hiring people is not everyone (looking at you, introverts 🙂).

@seowithkm Жыл бұрын

Thanks for the video, Noah. Really liked the ideas, especially the attitude of Justin.

@arigutman Жыл бұрын

This channel is becoming a go to, a lot of great content!

@torianoevans Жыл бұрын

Best episode yet!! Thanks Great to see Neville again from back in the AppSumo Days!! 🙌🏾

@edmass4517 Жыл бұрын

Exactly what I needed to see. Thank you!

@bobfergisson847 9 ай бұрын

Good advices, thank you for making a content like this.

@hardikvaidya Жыл бұрын

Sooo good! Thanks Noah for putting this content out.

@JUSTOAK Жыл бұрын

Keep inspiring! Love it!

@YogaBlissDance Жыл бұрын

Noah I've watched this twice- can you make more like this? PLEASE...most of us are not trying to grow gigantic biz, but more lifestyle biz--- MORE.

@LauZalve 11 ай бұрын

Love all your videos, great, great value... thank you, Noah

@user-tb8pe9fl4h Жыл бұрын

So good to see Nev again!

@gregduncan_ Жыл бұрын

Great vid Noah thanks for posting

@magicgamernl8315 Жыл бұрын

This is great. Please make more content around solopreneurship.

@noahkagan Жыл бұрын

Will do.

@magicgamernl8315 Жыл бұрын

@@noahkagan would be amazing. Love the quality of your video's.

@alb33 Жыл бұрын

Awesome upload! Thanks, Noah!

@zalaelle190 7 ай бұрын

Great content. Thank you for this!!

@butcherneck Жыл бұрын

Song in the end was dope, especially the part right after "where I show you how to start a million..." these three (I believe 'A' notes) "dollars" :D

@Uscreen 9 ай бұрын

I love these recommendations for getting started, like starting a newsletter or building an audience. It's so true! It makes it incredibly easy to stay lean while increasing revenue. I look forward to seeing more videos like this! - Adaire

@MoMoneyMakeIt 2 ай бұрын

This is solid info. Neville is the man!

@fromdemotoclose Жыл бұрын

my man Justin is on it!! hell yeah!!

@MaxsMonthlyChallenge Жыл бұрын

Great work Noah 🎉

@mexiCANgurl28 Жыл бұрын

I agree (former tech recruiter here)...Hiring people is the most difficult of growing your company. I'd rather go it alone and have a community for support.

@yogawithwhitneysol Жыл бұрын

Okay so! This video helped me visualize the system in a different way! Like I understand the business model much better now Thanks!

@chaylasoul8834 Жыл бұрын

Quality content. Left with a few nuggets!

@doronuzan Жыл бұрын

Thank you for continuously putting out great and beneficial content. just epic

@davidiamondtv Жыл бұрын

Lean operations is the summary. Great job with this amazing content .

@_zenprogrammer Жыл бұрын

Nice video. The importance of knowing how to market oneself.

@brentdavidson1 Жыл бұрын

Southwest CEO made $5.7m in 2021 in total comp, but ya point still stands that $1m/year is unreal money.

@Matildaadisons4554 Жыл бұрын

*Starting early is the best way of getting ahead to build wealth, investing remains a priority.*

@GregGeorge189 Жыл бұрын

The stock market has a lot of opportunities to earn a decent payouts.

@garymartin7087 Жыл бұрын

The truth with this recent economy, everyone needs more than their salary to be financially stable.

@everleechris899 Жыл бұрын

Most people today have been having a lot of failures in forex and crypto, due to poor orientations and bad experts.

@orsow Жыл бұрын

Mrs. Sheryl stole my dog and my wife, but that was after making me literal millions so we’re still cool.

@hisagisan Жыл бұрын

Yeah, in yourself

@nocarbsnation Жыл бұрын

I have seriously been doing everything wrong for decades... these guys are killing it.

@sebgregory3492 Жыл бұрын

This is such a valuable video. Thanks Noah

@CulinaryPhysics Жыл бұрын

Wow, this video is eye-opening! I never thought it was possible to start a successful business without any employees.

@ayrtong171 Жыл бұрын

it is possible but it will depend on the type of business

@VicDamoneJr82 Жыл бұрын

Are you kidding

@HMuny55 4 ай бұрын

Honestly the way sam made his money was a little window of time where he was able to make some money. He had good timing with blogs, most of his takes on business are consensus trends.

@xtoefield Жыл бұрын

This was awesome!! Love your mission of helping and connecting others. Kudos!

@MARTA860127 Жыл бұрын

Oh gosh! I love your videos! Thanks a lot for your channel!

@LearnEnglishWithJess Жыл бұрын

So inspiring to hear that the solopreneur path is totally possible and can be profitable 📈 ✨️🙌🏻

@alfredoj1349 Жыл бұрын

Really good info here, thanks!

@pythonworld2355 Жыл бұрын

Thank you Noah for this great content. I wonder how many hours per week do they work on average to release newsletter content / digital product? I'm definitely in the plans of doing this as I'm learning Cloud technology.

@amospan14 Жыл бұрын

Thank you for this video Noah! Really love it! =)

@Cssaarr Жыл бұрын

so, this is a commercial for a course on how to make money making courses, and the examples are commercials on other courses on how to do stuff; basicly, to own a company of one employee, you have to make a course on a topic and promote it

@justinfuruness7954 Жыл бұрын

The picture of the southwest CEO is extremely misleading. He makes millions in stock compensation, wayyyy more than the person on the right

@damionelson Жыл бұрын

This is a great video, thank you Noah

@michou_portland 3 ай бұрын

Great intro to an interview

@JoeGannon Жыл бұрын

Insane video. Going to watch this 10x times!

@cxa011500 Жыл бұрын

Wow! This is definitely what I dream of doing. 😮

@HellenicWolf Жыл бұрын

Very good video, Noah! Thanks man. Employees and human management sounds like a chore worse than anything else on this flat planetarium! In any case, are you coming to Greece for sailing or what? I'll email you too, but we started an awesome podcast on a beautiful sailboat in sunny Greece with captain Duane, retired millionaire from Cali. Think about it. p.s: I like the mustache and bald eagle duo. As a baldie myself, I applaude the style. Suits you good.

@rrocketman Жыл бұрын

Thanks bros will follow your advice to become a big shot😁

@1imoneyboy Жыл бұрын

Probably the best video I’ve seen on this channel so far. Now I’m on my way to make millions

@omarnasir8905 Жыл бұрын

Just amazing content! Thanks

@MichaelDooney Жыл бұрын

This may be your most inspiring video that I've watched.

@janellethomas3193 Жыл бұрын

I don't see a lot of information about solopreneurs. I like getting their feedback on how they got there and what the process was like. I must put some of these things into practice.

@abirebolado Жыл бұрын

I love watching your videos I'm learning a lot. Thank you Noah :)

@noahkagan Жыл бұрын

Thanks much Abi!

@DennisAbad Жыл бұрын

uncle noah loves you! thanks for this video!

@RyanStephenAlldridge Жыл бұрын

Holy shit that was an inspired vid man. Gonna rewatch this!

@itsGeeGee Жыл бұрын

Wonderful video man.

@AvaAdams-ly7vu 8 ай бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital.

@AlinaWinkler233 7 ай бұрын

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@LeonWilk2 7 ай бұрын

@@AlinaWinkler233I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser

@AlinaWinkler233 7 ай бұрын

@@LeonWilk2Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

@LeonWilk2 7 ай бұрын

@@AlinaWinkler233wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

@AlinaWinkler233 7 ай бұрын

@@LeonWilk2The person I work with is *Jude Ryan McDonough* "". He's proven really proficient for me, to be honest You could look him up yourself if you want

@user-rh3mj6rp9m Жыл бұрын

Incredible value!!

@MarkNorman_NXTLVL Жыл бұрын

Shoutouts to those who backed themselves into this outcome !!

@UnwantedCommentary Жыл бұрын

This video had some great insight

@TheSchoolOfInspiration Жыл бұрын

Thanks Uncle Noah! I can’t sing like you 😂 but loved the video. Thank you.

@MrSeanlavi Жыл бұрын

Noah is adding true value to entrepreneurs ! Thank you for continuously putting out great and beneficial content!

@debraburke3018 Жыл бұрын

So true. Noah has no motivation other than to help entrepreneurs succeed. He really, sincerely cares.

@theSocraticWarrior Жыл бұрын

AWE$OME!!! I just (self) published my first book and despite lots of people saying they wanted to 'help' or I should get help...I did it by MYSELF. It's MY name on it...not theirs. At the end of the day, I can say I DID IT! Great inspirational and informational content...thank you! BTW...I just signed up for the 'monthly 1K' course AND already got my first $1 (actually it was $7.02) 🤑

@ithaca2076 Жыл бұрын

how many books have tou sold so far on which platforms im curious

@simonescelsa Жыл бұрын

@@ithaca2076 he hasn't