24 business ideas over 20 years: lessons from building AppSumo

Executive overview

Most entrepreneurs expect a big break. Noah Kagan built 24 ventures over 20 years before AppSumo finally generated real wealth. The path was mostly failures, side projects, and pivots — not a single winning bet.

Persistence across many attempts, not talent on one, is what compounds into a $10M outcome.

The 24 ventures (condensed)

  1. Okdork.com — personal blog, still running, never sold
  2. Everspeed.com — photos and social posts about nightlife
  3. Collegeup.org — helped land a job at Facebook
  4. Comegetused.com — college book exchange; lesson: solve daily annoyances
  5. HFG Consulting — freelance consulting ("hella fucking good")
  6. NinjaCard.com — business cards; first dollar earned, momentum was real
  7. Peoplereminder.com — early CRM, now offline
  8. Entrepreneur27.org — events for young founders without an existing network
  9. Community Next — 4 conferences, 300+ attendees each, ~$50K profit per event
  10. Freecallsto.com — ad-based opportunity site; still earns $100–$200/day
  11. Backcast — pre-YouTube video site, BitTorrent-backed
  12. Kickflip / Gambit — Facebook game developer, became #1 at the time
  13. Bettercade.com — online sports betting with virtual chips
  14. [Payment platform] — $30M revenue in year one; noticed payment providers taking large cuts
  15. AppSumo — launched with a basic site; now eight-figure revenue, significantly profitable
  16. KingSumo.com — internal AppSumo tool spun into a standalone product
  17. Monthly1k.com — course teaching people to earn their first $1K; hard work, proud of it
  18. Sumo.com — email collection tools for site owners
  19. Leo.io — Chrome extension acquired to drive Sumo traffic; did not work
  20. Meetfam.com — six months and $6M spent; failed
  21. [Shopify email tool] — automatic email for Shopify; earns ~$1K/month
  22. Halldrop.com — Product Hunt-style site for e-commerce products
  23. SendFox.com — affordable email marketing, built out of frustration with Mailchimp's pricing

Three takeaways

  • Solve your own problems — build things you personally want to exist
  • Consistency — sustained effort over years, not one big swing
  • People — reaching the million-dollar level requires others; network compounds like capital

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