AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Entrepreneurs on Fire
How One Conversation Led to 70 Million Dollars Online with Tanner Chidester
Feb 1, 2024
20:23
Snipd AI
Tanner Chidester, Founder of Elite CEOs, shares his strategies for starting a business with no cash, closing high ticket sales, leveraging Instagram shoutouts, and the significance of hard work and sales for business growth.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Scaling a business is about doing the same thing at a faster rate as the team grows bigger.
- Successful cold direct messaging on social media requires targeting quality pages, engaging new followers, and swiftly moving leads towards phone calls for higher-ticket sales.
Deep dives
Starting a Business with No Cash
To start a business with no cash, Tanner recommends leveraging your expertise and starting in an area that is in high demand, such as health, wealth, or relationships. In his case, Tanner started as an online fitness coach by capitalizing on his fitness expertise. He focused on low-hanging fruit, engaging with followers on social media and pushing them to phone calls, where he would close high-ticket deals. By quickly replacing his nine-to-five income, he was able to scale his business rapidly by reinvesting his profits into hiring, training, and running ads.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode