This is an article from Inc. and the 45mn interview is on Soundcloud, but this story was appearing in a number of publication. Of course the resilience of the individual, overcoming his depression, and the fact that he now runs a successful 8-figure business is what at first probably captured your attention, but let's also take a look at this Princeton University research, one of several, showing the relationship between your earnings and your level of happiness: the more people make above $75,000, the more they feel their life is working out on the whole, but it doesn't make them more happy quite the contrary. Actually more recent research by the Marist Institute for Public Opinion suggests that as little as$50,000 brings genuine happiness as this Time post highlights.
More on this in future posts but for now let's dive into Noah Kagan story.
"Most of us would rather avoid losing something than gaining it.
Psychologists call this loss aversion, and studies show that losses are twice as powerful. We face more pain at the thought of losing $150 than gaining $150, right? Now imagine multiplying this loss by 1,000,000.
What was your first reaction?
Most people would say, nothing. That's because losing $150MM isn't in the realm of possibility for 99.99% of us.
But this is exactly what happened with our guest, Noah Kagan.
Noah was the #30 employee at Facebook, and his options would be worth well over $150MM today. Except he was fired.
I've always believed that one's true character is revealed during our most difficult moments, not when we're thriving. It's the alchemist who can transform a worthless metal into pure gold that we can learn from.
Noah not only overcame his mental depression, but he came back swinging harder than ever. Today, he runs a successful 8-figure business, travels the world as he runs it, and is quite the hilarious entertainer (a rare gem in the world of business)
In this interview, Noah and I cover tons of practical life and business practices. Highlights include how he overcame depression, daily routines & habits that had the biggest impacts on his personal happiness, his biggest lessons going from $0 to $100,000 then 7-figures to 8-figures, and oh so much more.
Let's get to the interview!"
Source: This Entrepreneur Lost $150M. Here's What He Learned About Life, Happiness, and Success | Inc.com