Insight certainty 4/5 debate potential 3/5

Selling million-dollar products takes the same effort as cheap ones

Chris Baden · FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic · Sep 7, 2021 · at 15:05

Chris Baden, co-founder of FlowChat, shares the key business lesson on pricing and leverage he wishes he understood at age 20.

0:00 / 0:08exact quote · 8.5s
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“You can spend, you know, X amount of time selling a thousand dollar thing, or you can spend X amount of time selling a 100,000 or million dollar thing. It's like, just freaking go for the bigger thing sooner.”

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More from Chris Baden

Insight
Launch to cold markets first because they give more honest feedback
“I really don't bring any company or product to warm market first. I like to go to the cold market because frankly, they're just more honest.”
Chris Baden Sep 7, 2021 ▶ 2:21 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
Assertion Supported
FlowChat lets users scrape and import member lists from Facebook groups
“Any like Facebook group that your Facebook profile is a part of you can go and import that member list, or if there's any post comment or Facebook.”
Chris Baden Sep 7, 2021 ▶ 8:57 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
Assertion Not checkable as stated
Baden: FlowChat did over $35k in April and $260k year-to-date
“In April, we did just over 35,000 in sales and a year to date. We just passed a 260,000 in sales so far.”
Chris Baden Sep 7, 2021 ▶ 1:54 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
Assertion Not checkable as stated
FlowChat Books 10+ Calls Weekly Per Profile with 20% Close Rate
“Yeah, so we're booking about 10 plus qualified sales calls per week per profile. We're currently using two profiles. And so, so that's, those are the numbers. And then we've, yeah, I mean closing, you know, 20% ish.”
Chris Baden Sep 7, 2021 ▶ 2:51 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
Assertion Not checkable as stated
FlowChat reached $40,216 in monthly recurring revenue
“Like our current MRR is just over 40,000. 40,216 as of right now, like per Stripe.”
Chris Baden Sep 7, 2021 ▶ 3:48 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
Disclosure
FlowChat did over $105,000 in sales last month
“Last month alone, we did just over a 105,000 in sales.”
Chris Baden Sep 7, 2021 ▶ 5:09 FlowChat Goes From $0 to $40k MRR in 4 Months Using 1 Tactic
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