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The Foundr Podcast with Nathan Chan

298: Serial Entrepreneur Josh Snow’s Approach to Influencers, Recurring Revenue, and Paid Ads During a Pandemic

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 15 April 2020

⏱️ 73 minutes

🧾️ Download transcript

Summary

Josh Snow always finds ways to thrive in difficult situations. Growing up, his family didn’t have a lot of money, and he wanted to help them cover basic expenses. So Snow taught himself how to create websites at his local library, which is how he stumbled into entrepreneurship. He eventually took that knowledge and built a software company from the ground up, which he sold by the age of 21. Now Snow runs multiple successful businesses—with the most prominent one being his nine-figure teeth whitening business, Snow. And he’s still finding ways to overcome adversity. Just as most businesses have been impacted by COVID-19, Snow also took a huge hit in terms of sales, with its conversion rates cut in half when the pandemic first emerged. However, by making fast, strategic changes, Snow got his company through the temporary setback and is today seeing higher-than-average sales on its site. In this interview, Snow shares exactly how he made the necessary changes to his business. He also provides advice to other online businesses on how to get through this time by adjusting everything from your subscription model to your approach to influencer relations strategy. If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at [email protected] to let us know. Key Takeaways How Snow stumbled into entrepreneurship through necessity The journey to selling his first software company at the age of 21 Why Snow believes adversity gives you the opportunity to pause and reprioritize The inspiration behind Snow, and how it grew to be a nine-figure business How the company has been affected by COVID-19, and the changes Snow made to help his business bounce back and make more sales than before the pandemic Snow’s recommendations on how to adjust your subscription products, influencer relations, and paid ads strategy during this time The importance of evolving and meeting your customer where they’re at Why Snow believes you have to be an “everything” person if you want a successful business Advice on using Shopify vs. funnels The choice between hunting rabbits vs. elephants (metaphorically)

Transcript

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0:00.0

This is episode number 298 with Josh Snow of The Founder Podcast.

0:07.0

What you need is thirst.

0:08.9

You need to be a thirsty human who is intent on learning.

0:12.9

It's a really fascinating exploration of human potential.

0:18.6

The Founder Podcast.

0:20.8

Even the greatest entrepreneurs had help. Now. The Founder Podcast.

0:24.3

Even the greatest entrepreneurs had help.

0:29.7

If you want to learn from the most successful founders on the planet, you are in the right place.

0:35.1

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Humphington, Steve Case, Gary V, Sophia Amoroso, Barbara Corcoran, Damon John.

0:47.3

Learn from the greatest minds in business today with interviews hosted by Nathan Chan. This is not your average entrepreneur podcast. The Founder Podcast.

1:13.3

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving away high quality content in the form of interviews, blog posts, podcasts, YouTube videos, you name it. We put out so much content to help you.

1:18.5

And another interesting project that we're working on right now is partnering with world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial skills

1:25.1

like negotiation, finance, e-commerce, and so much more.

1:30.3

So if you'd like to get access to these free trainings with founders like this, which is

1:36.2

100% free, just go to founder.com forward slash free. Okay, so now let's talk about today's

1:43.3

episode. Hey guys, Nathan Chan here, see on

1:46.2

publisher of Founder magazine. I hope you and your family are doing okay, your health, you're safe

1:51.8

during this crazy time. At Founder, we're working super hard around the clock to put out so much

1:58.5

free content across our podcast, our blogs, our YouTube

2:02.1

channel, our social, just to help serve you guys as much as we can. I know that you or your

2:09.1

business, you might be going through just a wave of different things. There's so much crazy

2:15.2

things going on right now. We're here to help and serve however we

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