Great hacks/tips here, love it. 1. Poll readers (I would go for popular books) 2. 4.5 stars or higher 3. Read through the 3 star most helpful reviews 4. Look for patten in where those books fail 5. That's the space you can go in
One of the best videos, if not the best I've seen for anyone with a start-up business or thinking about creating one. There is invaluable information; even if you have not read anything on business watching this video gives you enough tools (obvious hint: write down all of the questions they ask and apply them to your own start up) to get started and if you actually answer the questions & answer them honestly you are way ahead of the game. A MUST WATCH.Many thanks to Tim Ferris & Noah Kagan!
The opportunity to have a strategy sitdown with Noah and Tim would be immense, but it seemed that either of the entrepreneurs on the coach seemed to appreciate how beneficial this was. Perhaps it's tougher to be gracious when you're in the hot seat.
wow, this would be the most epic podcast. Tim is a master at breaking things down and great at asking good questions as well. Everything he finds fascinating is something i want to learn. Its a complete package, hope there will be more of this
Seriously some of the most together, driven, focused, able minded folks out there, just layin' it down! Pick it up ya'll!! Build build build create value! Awesome!
Lawl at the people complaining that Noah is egotistical and a big bad meanie. He wasn't being mean, he was being objective. The first guy with the toothbrushes was giving "playing business" answers and Noah was getting him to say what he needed to say in order to help shift his mindset because it wasn't in the right place. As for Jane saying this isn't practical: carry on. You're doing well.
the Cradle to Cradle and bio-mimicry movements forward the idea that almost EVERYTHING we use (including architecture, cars, daily products) need 2 B redesigned & re-engineered such that a product's entire lifespan (production, use, & disposal) creates a net GAIN for the environment -- sparking a new industrial revolution (providing new jobs in every sector). I think the tag line on the toothbrush needs 2B "CHANGING THE WORLD, ONE SMILE AT A TIME" made sweeter by the social responsibility aspect
With the toothbrush guy, I was a little hung up about the plan that they came up with to sell them using his email address based on the fact that it was the tactile experience that sold it to Tim . People online can't have the tactile experience so would it really sell?
I watched this vid and I went on to watch a lot of his previous vids, mostly done with Neville Medhora. Man! I must say it was enlightening. This guy Noah is super smart. Bad luck for FB, I guess. He seems a little casual for a businessman but when it comes to understanding and breaking down a biz to its core simpler parts, the guy really knows his shit. He has built businesses based on his impressive intellect and hard-earned practical experience.
Not to be a wet blanket but isn't that Seth Quest guy the same one who got sued from the Kickstarter story? Weird he had the toothbrushes up on Kickstarter at the same time this story took place. www.businessinsider.com/how-one-stupid-mistake-and-35000-from-kickstarter-made-an-average-guy-bankrupt-2013-1
57:27 - I actually like this idea. Legal requirements aside, the site could function as a registry to get people funding for a down payment instead of gifts. I’m not sure the play is charging for the service, but rather lead generation for realtors, or even charging realtors for ad space on the site.
He was very confusing, I don't even know if he wants it to be a company or a charity or some mix of it. He spent 9 months all he did was "meeting a dentist". The guy needs some time management skills I guess
With that toothbrush idea, i could further make the product more personable to people. For example having allowing people to CREATE their toothbrush using different colors and materials used to make the toothbrush, have their name or the logo of their business on it & send the packaged product sent to the buyer with three replaceable "brushes", small paperweight designed of own logo, neatly packaged in special cardboard box instead of hard transparent plastic pack. The product could have lot of different approaches to how to make it PERSONABLE, rather than just a cause of charity. WOULD YOU..... buy that? *Have customers given a special paste for every 5 replacement brushes purchase.
I know what you mean but I found Tim to be less sensitive to the moment than Noah. Having said that, I've watched some other of Noah's vids and he comes across as full of himself. Noah was wearing the best clothes though ;)
I can't get if you're being ironic but there's a time in the interview where Tim clearly says "nooo" as in "stop mopping the floor with the guy's face, he is a human being". The guy was a train wreck but Noah didn't need to be like that, really
Biodegradable tooth brushes, just a hunch but should't the price point on the tooth brush be rather high with a marketing promise that by purchasing one, several will be given to those in third world countries. If your market is the middle aged globally focused high middle class woman, then a tooth brush shouldn't be cheap, it should cost more. That way someone must make the mental jump that means the customer is making a sacrifice to help someone else. But once someone makes that sacrifice and finds the product to be of high quality they will feel great about it, not just because the product is good but because they were able to help someone. I can't pay $50 for a toothbrush, but I will by one for $5-10. Because remember you need to buy at toothbrush every several months.
good stuff but i think more focus should be spent on their real backgrounds.. he spent $100,00 and stuff didn't work? who has $100,000 sitting around? another rich kid telling his rags to riches story while leaving out the safety net details
I really recommend noahs monthly1k course for anyone who wants to start a business( and actually make a Freakin profit and will work for it) or become a better entrepreneur, its been like water in the desert for me!
I"M ONLY AT 21:26 dude and I can see because I"m an outsider that you should sell the one of wooden toothbrush the opposite of throw a away! Folks want a lasting product a unique useful not going into trash and use that funding to then send toothbrushes to 3rd world. Done. I dont' know yet wha tthey are gonna tell u. But what I'm getting is-we can be too close to our idea and NOT SEE THE EASY ANSWER.
The second guy trying to make a scary app is 100% the definition of a WANTREPRENEUR. Look at his body language the entire video. Makes himself small, sits far away on the couch, minimal eye contact. I have a hard time believing he "can sell anything" as he claimed he could. The fact that he has his "came from nothing" story already figured out, has read all the tim ferriss entrepreneur books, but has no killer execution, shows he's a beta wantrepreneur. The worst part is after 54:05 when Noah provides this super clever idea to add to the sign up sheet, the kid's response is dull, bland, and virtually non-existent. Like do you even want to be there? I would kill to have my business broken down by these 2 guys. Great insight from Noah and Tim tho. Would love to see more of their good cop bad cop dynamic.
All right, I love both of these guys .. However, "Do what you love" is kind of bullshit motivational speaker crack served to self-help junkies. Some people love very uninteresting things which is fine. The problem is expecting people to pay for it. And that's where these "do what you love people" realize they're the only customer. Being your own first customer is great if it's a real *shared* pain, otherwise, it's just masturbation. (But one might argue that there's a masturbation business..)
This showed up in my recommended because i've watched a lot of Noah's videos. Anyone else?
Great hacks/tips here, love it.
1. Poll readers (I would go for popular books)
2. 4.5 stars or higher
3. Read through the 3 star most helpful reviews
4. Look for patten in where those books fail
5. That's the space you can go in
Good idea!
One of the best videos, if not the best I've seen for anyone with a start-up business or thinking about creating one. There is invaluable information; even if you have not read anything on business watching this video gives you enough tools (obvious hint: write down all of the questions they ask and apply them to your own start up) to get started and if you actually answer the questions & answer them honestly you are way ahead of the game. A MUST WATCH.Many thanks to Tim Ferris & Noah Kagan!
The opportunity to have a strategy sitdown with Noah and Tim would be immense, but it seemed that either of the entrepreneurs on the coach seemed to appreciate how beneficial this was. Perhaps it's tougher to be gracious when you're in the hot seat.
I love love love this interview. This interview inspired me to start my business.
I hope it’s going well for you!
wow, this would be the most epic podcast. Tim is a master at breaking things down and great at asking good questions as well. Everything he finds fascinating is something i want to learn. Its a complete package, hope there will be more of this
Seriously some of the most together, driven, focused, able minded folks out there, just layin' it down! Pick it up ya'll!! Build build build create value! Awesome!
Lawl at the people complaining that Noah is egotistical and a big bad meanie. He wasn't being mean, he was being objective. The first guy with the toothbrushes was giving "playing business" answers and Noah was getting him to say what he needed to say in order to help shift his mindset because it wasn't in the right place. As for Jane saying this isn't practical: carry on. You're doing well.
Good job for Tim recognizing in the moment that the toothbrush guy was feeling uneasy. He jumped in and removed the tension. Empathy.
44.32 - Noah makes a sound move! amazing!! feels good that creativity and spontanity and crazy leg is inlinement
Noah talks with the accuracy, speed, and mannerisms of Tony Stark.
the Cradle to Cradle and bio-mimicry movements forward the idea that almost EVERYTHING we use (including architecture, cars, daily products) need 2 B redesigned & re-engineered such that a product's entire lifespan (production, use, & disposal) creates a net GAIN for the environment -- sparking a new industrial revolution (providing new jobs in every sector). I think the tag line on the toothbrush needs 2B "CHANGING THE WORLD, ONE SMILE AT A TIME" made sweeter by the social responsibility aspect
There are a bunch of really useful insights. Everyone that wants to startup should watch this and learn.
Does anyone knows how the toothbrush business is going?
With the toothbrush guy, I was a little hung up about the plan that they came up with to sell them using his email address based on the fact that it was the tactile experience that sold it to Tim . People online can't have the tactile experience so would it really sell?
Gold as always and vital lessons for a new business
Great video. Love Tim and Noah. Lots of value here.
Noah is a legend. Great info.
Does anyone know the name of the website that Tim mentions at 27:03? I couldn't understand what he said there. Thanks!
Just watching it now in 2013!!!
Damn Tim and Noah did in 10 minutes, what this guy couldn't do in 9 months
Amazing right. ubt I have to say I saw it too. like dude the handmade gorgeous toothbrush-Yas! He had mental blocks is what I got.
Like most potential entrepreneurs, he is too close to the product to see it.
Noah knows his shit but I guess he's a little too brutal sometimes, Tim looks like a very nice, relaxed guy. Loved this
I watched this vid and I went on to watch a lot of his previous vids, mostly done with Neville Medhora. Man! I must say it was enlightening.
This guy Noah is super smart. Bad luck for FB, I guess.
He seems a little casual for a businessman but when it comes to understanding and breaking down a biz to its core simpler parts, the guy really knows his shit.
He has built businesses based on his impressive intellect and hard-earned practical experience.
Very insightful and helpful information
@38:06 Who is the author of "Founder Stories" that he mentions?
this is one awesome video... thanks to the cool Tim and grilling Noah... wow
Im start right now. Validating every idea that comes to my head
I love Noah Kagan! =) The best
Tim definitely enjoys talking about and directing the conversion back to himself. "That's a great point Noah, here's why I (Tim Ferriss) am awesome."
these guys are great!!
Not to be a wet blanket but isn't that Seth Quest guy the same one who got sued from the Kickstarter story? Weird he had the toothbrushes up on Kickstarter at the same time this story took place.
www.businessinsider.com/how-one-stupid-mistake-and-35000-from-kickstarter-made-an-average-guy-bankrupt-2013-1
lololo owned
This is him too: www.kickstarter.com/projects/831303939/hanfree-ipad-accessory-use-the-ipad-hands-free
Awesome guys! We need to do more of this.
wow, what brilliant business minds
I saw them as the other way round: Tim a bit brusque, less sensitive, Noah encouraging and friendly.
He has a bi-yearly podcast called The Random show (With Kevin Rose of Digg and Rev3)
57:27 - I actually like this idea. Legal requirements aside, the site could function as a registry to get people funding for a down payment instead of gifts. I’m not sure the play is charging for the service, but rather lead generation for realtors, or even charging realtors for ad space on the site.
He was very confusing, I don't even know if he wants it to be a company or a charity or some mix of it. He spent 9 months all he did was "meeting a dentist". The guy needs some time management skills I guess
With that toothbrush idea, i could further make the product more personable to people. For example having allowing people to CREATE their toothbrush using different colors and materials used to make the toothbrush, have their name or the logo of their business on it & send the packaged product sent to the buyer with three replaceable "brushes", small paperweight designed of own logo, neatly packaged in special cardboard box instead of hard transparent plastic pack. The product could have lot of different approaches to how to make it PERSONABLE, rather than just a cause of charity.
WOULD YOU..... buy that?
*Have customers given a special paste for every 5 replacement brushes purchase.
Noah kicks ass... literally! 12:00
Holy crap. He still had hair!
Lol yes we all age...
I know what you mean but I found Tim to be less sensitive to the moment than Noah. Having said that, I've watched some other of Noah's vids and he comes across as full of himself. Noah was wearing the best clothes though ;)
I love noah kagan!!
poll and to? poll and what? ..to and pow? .....I really can't understand the words he's saying 9:16 , somebody please help.
28.50 Be the first to market, not the second in a crowded market. People are loyal to the first to market.
Wouldn't a wooden toothbrush not be sanitary?
Very helpful!
Super awesome stuff! Thank you! :)
Great. Thank you.
I can't get if you're being ironic but there's a time in the interview where Tim clearly says "nooo" as in "stop mopping the floor with the guy's face, he is a human being". The guy was a train wreck but Noah didn't need to be like that, really
This was really great. I wish I watched this video earlier!
Chris Cornell?
Noah, u frickin rule bro!
hey nan how is it going! after 8 years
Awesome!
Awesome
Biodegradable tooth brushes, just a hunch but should't the price point on the tooth brush be rather high with a marketing promise that by purchasing one, several will be given to those in third world countries. If your market is the middle aged globally focused high middle class woman, then a tooth brush shouldn't be cheap, it should cost more. That way someone must make the mental jump that means the customer is making a sacrifice to help someone else. But once someone makes that sacrifice and finds the product to be of high quality they will feel great about it, not just because the product is good but because they were able to help someone.
I can't pay $50 for a toothbrush, but I will by one for $5-10. Because remember you need to buy at toothbrush every several months.
good stuff but i think more focus should be spent on their real backgrounds.. he spent $100,00 and stuff didn't work? who has $100,000 sitting around? another rich kid telling his rags to riches story while leaving out the safety net details
I really recommend noahs monthly1k course for anyone who wants to start a business( and actually make a Freakin profit and will work for it) or become a better entrepreneur, its been like water in the desert for me!
19:00 onwards with that guy from the audience was excruciating to watch (a toothbrush company really) ... but hey there are worse ideas out there
I"M ONLY AT 21:26 dude and I can see because I"m an outsider that you should sell the one of wooden toothbrush the opposite of throw a away! Folks want a lasting product a unique useful not going into trash and use that funding to then send toothbrushes to 3rd world. Done. I dont' know yet wha tthey are gonna tell u. But what I'm getting is-we can be too close to our idea and NOT SEE THE EASY ANSWER.
The second guy trying to make a scary app is 100% the definition of a WANTREPRENEUR. Look at his body language the entire video. Makes himself small, sits far away on the couch, minimal eye contact. I have a hard time believing he "can sell anything" as he claimed he could. The fact that he has his "came from nothing" story already figured out, has read all the tim ferriss entrepreneur books, but has no killer execution, shows he's a beta wantrepreneur. The worst part is after 54:05 when Noah provides this super clever idea to add to the sign up sheet, the kid's response is dull, bland, and virtually non-existent. Like do you even want to be there? I would kill to have my business broken down by these 2 guys. Great insight from Noah and Tim tho. Would love to see more of their good cop bad cop dynamic.
+Steve Gags yeah he comes off as a douchebag that thinks he has figured everything out....
noah's ears man...he should be in a lord of the rings movie
i feel like tim did this bc he felt bad for that poor guy
Noah Kagan with hair.
Buy a QUIP and call it a day.
Harry Osbourne?
EGBY will be more suitable for me!
All right, I love both of these guys .. However, "Do what you love" is kind of bullshit motivational speaker crack served to self-help junkies. Some people love very uninteresting things which is fine. The problem is expecting people to pay for it. And that's where these "do what you love people" realize they're the only customer. Being your own first customer is great if it's a real *shared* pain, otherwise, it's just masturbation. (But one might argue that there's a masturbation business..)
That's how Noah is, haha.
yeah the guy is definitely somewhat of an a-type personality
Noah with hair
Seth...good guy...but not an entrepreneur...and that's ok. will this statement now be a motivator to succeed? Possibly.
2 Jew con men.