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Building While Flying: How To Monetize Excess Value Creation with Robert Chen, CEO and Founder of eatmise
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In this episode, Tim is joined by Robert Chen, CEO of eatmise, a food delivery platform in New York City.
They talk about how eatmise partners with top restaurants to bring prepped, ready-to-cook ingredients to customers' doors, allowing them to cook restaurant-quality meals in under 10 to 15 minutes.
They discuss the challenges of upending an established business model and of building a three-sided marketplace, and how, by restricting their supply side to a curated offering of premier restaurants and dishes, they're able to drive demand and scale, profitably and predictably.
Do You Create Value or not?
It’s a simple question, but an honest one.
And in a crowded market, it’s the most important.
Join eatmise CEO, Robert Chen, and I as we break down his founder’s story and apply the lessons of a disruptive NYC food-delivery platform to the job to be done with OOH advertising and enabling brands to access the ultimate canvas.
Should you curate and limit supply-side partners?
- Why does the opportunity exist in the first place?
- Can your framework scale?
- What’s your defensible moat?
- Do you create value or not?
Key Moments -
00:11:03 Opportunity to monetize unused capacity.
00:16:23 Building a startup requires hands-on experience.
00:17:21 Outsider is the new Insider.
00:22:32 Convenient subscription-based buying.
00:26:52 Standardized ordering.
Enjoy,
Tim 🎧
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