Wild Business Growth

#311: Jake Peters – The Modern Travel Agency, Fora Co-Founder

9 snips
Nov 13, 2024
Jake Peters, Co-founder and Chief Product & Technology Officer of Fora, discusses his journey from computer science to revolutionizing the travel industry. He explores why travel is primed for innovation, highlighting the advantages of their advisor-first model and custom booking platform. Jake shares insights on balancing startup life with family, including using ChatGPT for bedtime stories. He also delves into design craftsmanship, servant leadership principles, and dreams of retiring by the Mediterranean. Tune in for a mix of tech, travel, and personal anecdotes!
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ANECDOTE

Why Jake Joined Fora

  • Jake describes how he reconnected with co-founders in 2021 and joined Fora after initially doubting a travel startup during COVID.
  • He chose Fora because it offered vast product scope across CRM, booking, fintech, and AI, fitting his desire to work on many areas.
INSIGHT

The Travel Triangle

  • Fora frames travel as a triangle of travelers, advisors, and suppliers that must be balanced for better experiences.
  • The company targets advisors first to rebuild workforce flexibility while connecting travelers and suppliers with better data and scale.
ADVICE

Let Advisors Ramp Up

  • Recruit advisors who can work part-time and scale up; let them ramp at their own pace while you provide platform support.
  • Offer training, community, and preferred partnerships so new advisors can build a business without quitting other work.
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