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Bo Davis Co-Founder and CEO of MarginEdge
Manage episode 400684852 series 3458371
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#46. Meet Bo Davis, the co-founder and CEO of MarginEdge, a cutting-edge back office technology tailored for restaurants, streamlining operations from accounting to POS systems and beyond, encompassing all facets of kitchen management.
Despite dropping out of high school, Bo's insatiable thirst for knowledge propelled him to attain two master's degrees, one in finance and another in artificial intelligence from Northwestern University, showcasing his dedication to continuous learning.
Prior to MarginEdge, Bo's entrepreneurial spirit led him to establish multiple successful ventures in both the restaurant and technology sectors. Notably, MarginEdge's commitment to fostering a positive workplace culture was recognized with a prestigious seventh-place ranking in Glassdoor's nationwide list of best places to work.
Throughout the episode, Bo shares invaluable insights into building a thriving organizational culture, delving into the nuances of restaurant unit economics, exploring both the triumphs and challenges faced in the industry.
Tune in to gain a deeper understanding of the restaurant industry's dynamics and entrepreneurial pursuits, accompanied by engaging discussions and practical advice. Enjoy the conversation and join the dialogue on the evolving landscape of entrepreneurship.
Where to find Bo Davis:
Where to find host Josh Sharkey:
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In this episode, we cover:
(05:13) Bo Davis' background
(05:38) How being a parent has impacted the way Bo runs a company
(16:03) The reasoning behind MarginEdge's strong company culture
(23:29) The irony behind teammates being eager to share the pain
(25:59) Separation agreements
(33:27) What good restaurant economics look like today
(37:56) How Bo handles mistakes
(44:29) What makes Bo really really angry
(49:48) Why people work at MarginEdge
(51:47) Final thoughts from Bo
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