How To Start A $1,000,000 Business With 0 Employees
ฝัง
- เผยแพร่เมื่อ 24 ก.ค. 2024
- 👉 Need help getting started with your own business? Sign up at monthly1k.com
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
![รวมเพลงลูกทุ่ง 6 หนุ่มไทบ้าน ฮิตติดกระแส ชุดที่ 1 l มนต์แคน ไมค์ ไผ่ เสถียร ไหมไทย พี [Longplay]](http://i.ytimg.com/vi/GD2v1OjMw5I/mqdefault.jpg)
Where's the course on 'getting rich without selling a course'?
Cause that would cost too much common sense to make
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.
That's the best comment!
@@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🤷♀️
@@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..
@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.
Or rate your mood each day when you wake up
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
dont you feel lonely?
@@hassanamir387 what business? If you don’t mind me asking
@@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
When he said "I don't want to worry about anyone else but myself and my wife" I felt that one 100%.
After that statement, I like the video 😁
@@user-qt8gg1pp3q SAME 😁
Love this statement
read the unplugged alpha by richard cooper
@@davidhenryhudson3102 the definition of stress free. You can’t save everyone
MASSIVE RESPECT TO JUSTIN. Im laser focused on myself, making sure my sister is okay, and my business.
Every family has that one person who will break the family financial struggles, I hope you become the one. Amen
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!
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.
He’s absolutely right. I don’t want to worry about no one else but myself when it comes to running a business.
This is one of the BEST 10 minute “how-to” videos!
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.
Uh, they all basically showed one option: making courses/newsletters.
Your videos never fail to inspire me, thanks Noah. Please dont stop making these videos!
NK I've been following you for awhile. I think this might be your best piece of content. Thanks.
This is an awesome interview series! Congrats to you and the team.
This was very well edited. Thanks for sharing ❤
this here uncle Noah is the real perspective on how to start a business. thankyou so much
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?
Good to know this is possible! Hiring people is not everyone (looking at you, introverts 🙂).
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."
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.
Can you elaborate
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!
This video is packed with value. Love the format.
Good stuff again, Noah. That song at end though... took it from Good to Great 😂
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!
this is a wonderful video Noah! thanks sooo much! 😃
Best episode yet!! Thanks
Great to see Neville again from back in the AppSumo Days!! 🙌🏾
Just stumbled on your vids, really cool! Thanks! Enjoyed this one, fun to watch!
This is great. Please make more content around solopreneurship.
Will do.
@@noahkagan would be amazing. Love the quality of your video's.
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.
Awesome upload! Thanks, Noah!
Thank you for this video. Wish it was longer than 10:00min. Great Information! You have a video on starting a newsletter?
I have seriously been doing everything wrong for decades... these guys are killing it.
Sooo good! Thanks Noah for putting this content out.
This channel is becoming a go to, a lot of great content!
Thanks for the video, Noah.
Really liked the ideas, especially the attitude of Justin.
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
So good to see Nev again!
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.
Exactly what I needed to see. Thank you!
my man Justin is on it!! hell yeah!!
Great vid Noah thanks for posting
Nice video. The importance of knowing how to market oneself.
Keep inspiring! Love it!
Great content. Thank you for this!!
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.
Lean operations is the summary. Great job with this amazing content .
Quality content. Left with a few nuggets!
This is such a valuable video. Thanks Noah
Love all your videos, great, great value... thank you, Noah
Really good info here, thanks!
This is solid info. Neville is the man!
Good advices, thank you for making a content like this.
Thank you for continuously putting out great and beneficial content. just epic
Oh gosh! I love your videos! Thanks a lot for your channel!
Probably the best video I’ve seen on this channel so far. Now I’m on my way to make millions
Okay so!
This video helped me visualize the system in a different way!
Like I understand the business model much better now
Thanks!
Great work Noah 🎉
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
Southwest CEO made $5.7m in 2021 in total comp, but ya point still stands that $1m/year is unreal money.
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.
Thank you for this video Noah! Really love it! =)
Shoutouts to those who backed themselves into this outcome !!
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
This was awesome!! Love your mission of helping and connecting others. Kudos!
Thanks Uncle Noah! I can’t sing like you 😂 but loved the video. Thank you.
Insane video. Going to watch this 10x times!
Wonderful video man.
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.
Wow! This is definitely what I dream of doing. 😮
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.
@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
@AustinWalker67 I will give this a look, thanks a bunch for sharing.
@@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
This may be your most inspiring video that I've watched.
This is a great video, thank you Noah
Just amazing content! Thanks
I love watching your videos I'm learning a lot. Thank you Noah :)
Thanks much Abi!
Thanks bros will follow your advice to become a big shot😁
Wow, this video is eye-opening! I never thought it was possible to start a successful business without any employees.
it is possible but it will depend on the type of business
Are you kidding
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) 🤑
how many books have tou sold so far on which platforms im curious
@@ithaca2076 he hasn't
Thank you guys. 👍
So inspiring to hear that the solopreneur path is totally possible and can be profitable 📈 ✨️🙌🏻
Thanks so very much. This video was so helpful. I like being a solo business owner. You have helped me to think about other ways that I can generate additional income.
The picture of the southwest CEO is extremely misleading. He makes millions in stock compensation, wayyyy more than the person on the right
Great intro to an interview
The times are changing and employees are getting replaced with technology - in this attention based economy it's never been easier to grow without a team. Kinda crazy.
uncle noah loves you! thanks for this video!
Wow this video is gold!
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.
Incredible value!!
Such a great video!
Thank you so much Afzal
Noah is adding true value to entrepreneurs ! Thank you for continuously putting out great and beneficial content!
So true. Noah has no motivation other than to help entrepreneurs succeed. He really, sincerely cares.
This video had some great insight
Dude you did a video with Sam from MFM? Man I love your channel even more now lol.
Love him.
Holy cow, I bought that copywriting course way back when!
Would one honestly do a newsletter every day?
Knowlegde is the gift that keeps on Giving
Awesome mustache Noah 👏😎👌
I am trying to build a business but get already stuck, in this interviews it seems so easy... This guys are far ahead. I need to improve!
so why are you wasting time writing pointless comments?
thanks noah this is useful. yeah my goal is a lean lifestyle business
Dude... Justin is my hero!
Holy shit that was an inspired vid man. Gonna rewatch this!
I'm trying to sign up to get the course but it's not working, Noah please do something 🙏
There’s a book called Company of One about this.
Nice format of mixing multiple interviews of the same subject in one video
Where is the link at the end? I don't see it pop up while your using the piano