How I lost $50,000 starting a business
September 7, 2013
And went on to create million dollar companies
Too lazy to read? Click this link if you want to start a business, have struggled to get one started, or want to stop working out of your cubicle.
After 6 months of working on BetArcade we finally had the big day of launch.
Of course our idea for a sports betting site had to work. The market size based on Wikipedia numbers was huge. Our site looked gorgeous (design only cost us $3,500). No way we could fail.
Launch day came. (insert drum-roll sound)
My team sat around the computer for launch waiting for the dollars to roll in. We imagined which color Ferraris we were going to buy.
We waited and waited ...
... and it never happened.
Then we went back to the business and made all sorts of changes to try to get people to give us money and play on the site.
Still nothing. Ugh.
So after 9 months of hiring a Las Vegas lawyer, spending $50k in web development and trying every trick we shut down the business.
Yay, another failure under my belt. This works wonders for my dating life.
Sound familiar? You knew your idea would work but it didn't.
Or you didn't even know where to start.
This failure, along with subsequently creating two multi-million dollar businesses (Gambit, payments for Facebook games and AppSumo), helped me figure out a repeatable formula to create successful businesses that I'm going to share with you.
This formula is what we used to create for you the "How to Make a $1,000 a Month Business" interactive course.
So what exactly is it?
Instead of writing, let me show you how the software will help you start your business:
This software is one of the best things I've ever created.
Why would I want to share my secrets with you?
I'm tired of answering emails about how to do it and I don't have the time to do all the businesses I want to do.
There are so many smart people who fail at making a profitable business because of the same stupid mistakes even though they've read books, bought courses, blogs, etc...
What the hell?
The problem is they get these quick-hits of motivation and tactics, but don’t have interactive learning experience or a support system (check-ins and mentorship) to guide them through the process.
Anyways, this system ensures you will have made at least $1,000 a month by the end. And once you taste those sweet dollars, you’ll be hooked.
Here's what a few students said (ahem "bragged") about the course:
"Love how you are making us get out of the echo chamber of our own minds" - Beth L
"So happy to be here. Such a great system. Thank you" - Art V
Here is what you get:
- You *will* make your first dollar within 24 hours. And get the blueprint to finding ideas, validating them and growing your business.
- Access to mentorship from me (Noah Kagan). Yes, I will figuratively hold your hand when you need it.
- Access to a support group of peers to have people who are going through exactly what you are.
- A step by step process to find your idea, validate, and grow your business. We make you do it. It’s cheat-proof
- A whole team of experts at your disposal. We will check-in with you and help you reach the goals you want. No sumo-ling left behind
Today we are opening up the “How to Make a $1,000 a Month Business" course for you.
We promise you'll be happy. You get 60 days unlimited use of the course and can guilt-free return it if you aren't extremely satisfied.
I want this to be the last product about starting a business you EVER buy.
So here’s a cheesy yet completely true quote:
“An investment in knowledge always pays the best interest” —Benjamin Franklin
So if you’re looking to finally start a business ... even just a small “practice” busines ... and want my help to get you started ... then checkout: How to Make a $1,000 a Month Business
Still not convinced? Then definitely don't click this link.