Roy Cohen is the Co-Founder and CEO of Fetcherr, an Algo based company using an AI-based Generative Pricing Engine (GPE) to disrupt pricing and profitability in the airline industry.
Join Jim and Roy as they go into the details of what it takes to build a company for profitability. Roy is in the business of making money; not raising capital.
3 Key Takeaways
- EBITDA > ARR - Build a business to become cash positive. ARR does not meet the strategy to become profitable. Markets will go dark, but cash positive businesses will not go out of style.
- CEO KPI = Self Sufficiency - One of your goals as a CEO should be to make the company self-sufficient. Your job is to work yourself out of a job.
- Know Your Customers - Do you have a truly disruptive technology that solves a big problem, so much so that potential customers don’t believe the problem can be solved? If that’s the case, then be prudent about who you’re selling to initially - identify and go after the trailblazers.
Resources
Roy Cohen on LinkedIn: https://www.linkedin.com/in/roy-cohen-a9a7093a/
Fetcherr: https://www.fetcherr.io/
About Our Guest
Roy Cohen is the Co-Founder and CEO of Fetcherr. Roy has twenty years of experience in operational management, product strategy, and product and business development with large global companies.
About The Dirt Podcast
The Dirt is about getting real with businesses about the true state of their companies and going clear down to the dirt in solving their core needs as a business. Dive deep with your host Jim Barnish as we uncover The Dirt with some of the world's leading brands.
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For more information on how we dig into the dirt check out our other episodes here: https://www.orchid.black/podcast
About Our Company
Orchid Black is a new kind of growth services firm. We partner with tech-forward companies to build smarter, better, game-changing businesses.
Website: https://www.orchid.black
Jim Barnish’s LinkedIn: https://www.linkedin.com/in/grow-smart-grow-fast/
Orchid Black’s LinkedIn: https://www.linkedin.com/company/orchidblack/
YouTube: https://www.youtube.com/@OrchidBlack
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01/10/24 • 41 min
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