Meet the $200 million Texas furniture tycoon

Aug 05, 2022 12:31 pm

Howdy friends, here are your three fun nuggets for the week…


🛏️ Meet the 71-Year-Old Furniture Tycoon Worth $200 Million

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I wanted to find out about Texas furniture tycoon Mattress Mack’s $200 million/year business, including why he doesn’t mind losing multi-million dollar sports bets and why his personal bathroom is the secret behind his success (yes, really)...


He told me about:


  • The unfair advantage that helped his business succeed
  • How he rebounded from losing $10 million dollars of merchandise in a warehouse fire
  • And why losing $10 million dollar sports bets actually makes him money


Get inspired by Mattress Mack’s story.



🆙 Amp It Up

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There’s a lot of good books on starting a business… But not a ton on growing or scaling.


Amp it Up by Frank Slootman is a great one. 


Frank doesn’t start companies—he grows them. He took over the Snowflake data management company when it was worth $4 billion and now, after leading it into the largest software IPO ever—it’s valued around $85 billion.


Two key questions the book asked that inspired me to think about AppSumo’s trajectory differently:


  1. If you can ONLY do one thing to help your business the rest of the year, what would it be and why?
  2. How could we do this project in ½ the time?


Love the idea of using these to increase the focus and pace of our company. 


Hope this book helps you on your business journey.



The Iced Coffee Hour Podcast

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Recently I sat down with Graham Stephan and Jack Selby on The Iced Coffee Hour Podcast. We got deep on a few topics, like:


  • How I actually went from a $50k/year job to a $25 million net worth
  • What getting fired from Facebook was like
  • Why getting rich doesn’t solve your dating life


A lot of you reached out saying you loved the episode, so if you haven’t tuned in yet, it’s worth a listen.


Hear me spill the tea on my own life.




Be Epic, 

Noah Kagan



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