Uploaded March 2021 | Updated September 2026, 4 hours ago
Jordan O’Connor is founder of Closet Tools, a web app helping sellers on Poshmark save time and sell more. I discuss his journey from large student loans and debt to building skills by helping others and then turning those skills into a business that has over $40k revenue per month.
Jordon O’Connor on Twitter: twitter.com/jdnoc
jdnoc.com
Timestamps
00:00 - Introduction
1:00 - Closet Tools financials
3:36 - What is Closet Tools and how does it work with Poshmark?
13:15 - How is Poshmark doing? What’s it’s unique value proposition?
16:45 - Jordon’s background
20:05 - College debt
24:04 - When did you think you need to build some skills and raise your income?
28:50 - How important is solving a real problem in learning a new skill?
32:50 - Offering it for free at first
36:25 - How did you find the time for your side hustle?
41:57 - What was motivating you?
47:00 - What’s your student debt now?
48:45 - “I’ll never be poor again.”
56:00 - What was the way out?
58:05 - How did you get impacted by the indie hacker community?
1:03:50 - 5 years from now, will opportunity be easier or harder?
1:07:02 - What’s the essence of business to you?
1:09:57 - Insight of saving time or money for customers
1:15:00 - How important is it to know how to code?
1:20:10 - Project development and design
1:24:50 - Family/work balance
1:29:14 - Screen time for kids
1:36:00 - Teaching kids about money
1:38:40 - 4 Hour Workweek
1:40:35 - Quant secrets
1:45:00 - Explore a niche for a year, write 100 articles, SEO
1:48:10 - SEO
1:53:58 - Can anyone be an entrepreneur?
1:59:00 - Conclusion
Social
🐦 Twitter mobile.twitter.com/heydave7
🎧 Apple Podcast: podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991
🎙️Spotify open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg
📸 Instagram instagram.com/heydave7
💁🏻♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date.
Buying a Tesla?
🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556
☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556
Videos:
Tesla ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re
SpaceX Starlink ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI
Square ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7
Lemonade ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ
Company Analysis Videos: youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo
Interviews: youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P
Check out my archived articles/posts on Tesla and investing: teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
Jordan O’Connor is founder of Closet Tools, a web app helping sellers on Poshmark save time and sell more. I discuss his journey from large student loans and debt to building skills by helping others and then turning those skills into a business that has over $40k revenue per month.
Jordon O’Connor on Twitter: twitter.com/jdnoc
jdnoc.com
Timestamps
00:00 - Introduction
1:00 - Closet Tools financials
3:36 - What is Closet Tools and how does it work with Poshmark?
13:15 - How is Poshmark doing? What’s it’s unique value proposition?
16:45 - Jordon’s background
20:05 - College debt
24:04 - When did you think you need to build some skills and raise your income?
28:50 - How important is solving a real problem in learning a new skill?
32:50 - Offering it for free at first
36:25 - How did you find the time for your side hustle?
41:57 - What was motivating you?
47:00 - What’s your student debt now?
48:45 - “I’ll never be poor again.”
56:00 - What was the way out?
58:05 - How did you get impacted by the indie hacker community?
1:03:50 - 5 years from now, will opportunity be easier or harder?
1:07:02 - What’s the essence of business to you?
1:09:57 - Insight of saving time or money for customers
1:15:00 - How important is it to know how to code?
1:20:10 - Project development and design
1:24:50 - Family/work balance
1:29:14 - Screen time for kids
1:36:00 - Teaching kids about money
1:38:40 - 4 Hour Workweek
1:40:35 - Quant secrets
1:45:00 - Explore a niche for a year, write 100 articles, SEO
1:48:10 - SEO
1:53:58 - Can anyone be an entrepreneur?
1:59:00 - Conclusion
Social
🐦 Twitter mobile.twitter.com/heydave7
🎧 Apple Podcast: podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991
🎙️Spotify open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg
📸 Instagram instagram.com/heydave7
💁🏻♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date.
Buying a Tesla?
🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556
☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556
Videos:
Tesla ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re
SpaceX Starlink ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI
Square ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7
Lemonade ONLY Videos: youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ
Company Analysis Videos: youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo
Interviews: youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P
Check out my archived articles/posts on Tesla and investing: teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
