The 3 Principles of Marketing Strategy in Any Business (Noah Kagan) | My First Million Podcast

2 Jul 2020 · 9 min
8:42

In this episode of the My First Million podcast, guest entrepreneur Noah Kagan shares a concise, three‑step framework for marketing any business and expands on the habits that have driven his own success. He argues that marketers should (1) pick a single, primary goal and concentrate all effort on it for a set period, (2) clearly define a narrow target audience and use language that resonates with them, and (3) craft three core brand messages that become the business’s signature. Kagan illustrates how he applies this framework to his own ventures, focusing on YouTube as his current primary channel. He also describes a low‑risk, high‑volume content testing approach: produce a flood of fast, inexpensive pieces (tweets, Instagram posts, LinkedIn updates) and double‑down on the formats that align with the core messages and show traction. Beyond marketing tactics, Kagan emphasizes aggressive networking—hosting lunches, conferences, and meet‑ups—to meet smart people and create value‑exchange relationships. He advises early‑stage founders to launch many low‑cost side projects (e.g., a daily newsletter via SendFox or a 30‑day YouTube challenge) to discover what works, leveraging their day‑job as a runway. Throughout, he stresses the importance of personal brand building through consistent writing and content creation, noting that his multimillion‑dollar success stems largely from connecting people and iterating on ideas. The conversation also touches on mentorship, the value of offering free help to attract collaborators, and the mindset of treating early‑life low cost of living as an opportunity to take abundant risks.

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