Today’s podcast guest is Elias Anderson, Founder of Hear Me Cheer and one of the youngest guests we’ve ever had on the Richard Dri Wealth Navigator Podcast. In 2018, Elias made a life-changing decision to put his schooling on-hold to follow his entrepreneurial dreams. Little did he know how his future would unfold.
After incorporating his first business on his 18th birthday, a few months later, Hear Me Cheer was launched. The web app, which can be integrated directly into other applications and platforms, allows users to fully engage with the stadium experience of a sporting event, concert or show. Right from the comfort of their own living room. The potential of the web app is so great, that by the end of his first-ever two-hour job for ESPN, 200 prospective clients were pinging his inbox.
His expertise and entrepreneurship belies his years. As demand grew, Elias saw opportunities in other vertical sectors and expanded the technology accordingly. Today, Elias has partners knocking on his door to take his product in directions that he never imagined when Hear Me Cheer was just a napkin concept in the college cafeteria.
LISTEN TO THE PODCAST – DOWNLOAD THE TRANSCRIPT
HIGHLIGHTS:
- Elias started his first company: ChampTrax, the day he turned 18. In his own words, “It’s not something that people usually do the day that they turn 18, but I filed the papers for incorporation in May 2018.”
- While Hear Me Cheer is the brainchild of Elias, he’s kept the business in the family, working with his father and brothers to grow the startup into a fully functioning business with 12 full-time employees.
- Elias explains that the platform, which has been borne by pandemic-driven demand, has endless post-pandemic opportunities to put physical events in front of global sofa-surfing viewers.
- As a young entrepreneur, Elias hasn’t begun his investing journey — not a traditional one at least — as he is focused on reinvesting profits back into his business.
QUOTE:
“One of the greatest challenges of my life is being an entrepreneur and going to work everyday and working for yourself.”
“You have to be 100% committed to building the business out and you have to believe in the idea.”
“We’ve grown our team to 12 full-time people now, and we’re still cash flow positive.”
“We’re not saving money yet because we’re dumping it back into the business to invest [it] back in ourselves.”
“I think that the social audio space is just getting going with something like Clubhouse and Facebook, Twitter, all creating social audio products.”
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Listen to more podcasts by Richard Dri:
Building a business from a napkin brief and a personal belief with Kevin Mako
Clear the Air on Success as a Lifelong Entrepreneur with Stephen Worrall
source https://richarddri.ca/standing-out-from-the-crowd-with-elias-anderson/
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