298: Serial Entrepreneur Josh Snow’s Approach to Influencers, Recurring Revenue, and Paid Ads During a Pandemic
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 support@foundr.com 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)