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Pete Russell

๐Ÿ‘ค Speaker
524 total appearances

Appearances Over Time

Podcast Appearances

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

We're wanting to come together and effectively do a collaborative or cooperative type of new venture that we can all benefit from.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

Exactly.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

And it will get the scale for awareness.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

Also, it'll get the economies of scale.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

that are needed in order to be able to compete in this future in terms of the digital economies of scale.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

And also what it does is it means that we are able to coordinate a lot of these otherwise very fragmented individual small-scale food businesses into a coordinated swarm that can together deliver a much better product, a much better service than they could individually on their own.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

What's been hard is figuring out how the software needs to work in order to really facilitate decentralized food.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

And that's been a close to 20-year process.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

Now that we know what really works and what doesn't and how it works, building is not hard.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

Building is actually relatively simple, especially when you're building it on new technology with the rapid development

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

productivity gains that AI is doing with people who know what they're doing rather than thinking what they know and then discovering later they don't.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

We know what we're doing now.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

We think, you know, I believe we can build a new tech stack from scratch

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

that will reach feature parity with all the other combined platforms that are part of the alliance within 12 to 18 months.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

And from there, it will be way more extensible at a way lower cost.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

So it'll be future ready.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

So the customer experience when they move onto this will be a huge upgrade, right?

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

and it'll be agentic commerce ready.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

And what that means is that ChatGPT just recently released their first agentic commerce agent, which effectively does your shopping for you.

James Reed: all about business
62. How to stack revenue: The 3 levers that grow any food local business | Pete Russell

So what we're moving from is an attention economy,