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Conor Moules

πŸ‘€ Speaker
843 total appearances

Appearances Over Time

Podcast Appearances

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

You built your brand, your cost of acquisition now has been taken over by the marketplace.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

So like, I won't name them by name, but there's a pretty big marketplace now based out of the UK.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

They're taking 30% of the overall first time booking, right?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Wow.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Imagine this, right?

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And this was kind of like one of the penny drop moments with me and Glenn on like, we have to stop this.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Like we have to put up a fight against this.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

So Glenn's website, Glenn is the number one barber in the country at the time.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

He's naturally booked up quite a lot, but because he was using this system and he was booked up, I'm going to make an appointment with Glenn.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

they're not recommending me somebody else that's free within glenn's business they're recommending me to go to the next available business that's open and has a free spot because that's how they eat they're taking 30 of my 50 euro as opposed to no percent so they're incentivized it's the same for them they don't care if it's 30 30 50 quid to glenn or 30 quid to gary they're quite happy so

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

So cross-pollination, you're pushing them from one to the other.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

The whole idea is to keep them moving through different vendors on your platform.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

You go and say, hey, listen, we're leaving.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

They're like, great, great.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Push notification, all your customers, discounts and 5K of your competitors.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

It's just the most corrosive business that...

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

you can imagine for food and beverage.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

Nothing better.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

And they wanted to grow.

The Entrepreneur Experiment
EE502 - How He Turned 173 Salon Conversations Into a Startup That Raised €4.9M | Conor Moules

But the systems that were out there were digitized.