How Kim Teo's Mr Yum executed Australia's great business pivot
From Zero with Adam Schwab
When covid swept the world, businesses had to move quickly. Not many moved as quickly as Mr Yum. The QR code to web platform that allows you to order food from your table had been around for a few years before covid. But, it wasn't until the pandemic had caused nationwide lockdowns did we see just how good the business and technology really was. Co-founder Kimberley Teo talks to Adam Schwab, and breaks down her founders story - from the corporate grind, to being inspired by her parents.See omnystudio.com/listener for privacy information.
Deep in the Weeds - A Food Podcast with Anthony Huckstep
After launching a start-up in 2019 to offer a digital menu for hospitality businesses, Kim Teo (Mr Yum) and her small team realised they had a product that was fast becoming a much-sort-after commodity during the pandemic for businesses looking to use QR codes and deliver on contactless, socially-distanced offerings. In just three years Mr Yum has grown from a small idea to over 260 employees and they’re not only taking hospitality into a more profitable, streamlined and efficient future, but have become one of the real success stories in the Australian tech start-up space too.https://www.mryum.comFollow Deep In The Weeds on Instagram https://www.instagram.com/deepintheweedspodcast/?hl=enFollow Huckhttps://www.instagram.com/huckstergram/Follow Rob Locke (Executive Producer)https://www.instagram.com/foodwinedine/LISTEN TO OUR OTHER FOOD PODCASTShttps://linktr.ee/DeepintheWeedsNetwork
Tech on Toast - Episode 6 Kim Teo, CEO & Co-Founder of Mr Yum
Tech on Toast
This week Chris talks with Kim Teo, CEO & co-founder of Mr Yum.Born in Singapore, spending her teens and 20s in Australia and spending her time between LA, London, and Melbourne, Kim Teo was appointed Mr Yum CEO in 2018. Mr Yum is a mobile payments and growth platform that has revolutionised the way people order food and drinks at hospitality and entertainment venues and now has more than 13 million global users. A passionate advocate for women taking leadership roles in technology and business, bringing big ideas to life and creating a dynamic company culture is the energy that drives Kim and turns work into play. Having recently closed the company’s recent record-breaking funding round, which was Australia’s largest Series A for a female-led company, when not working on Mr Yum you’ll find Kim watching Australian Rules Football, at the gym, or visiting the latest Mr Yum hotspot. During the chat we discuss:• Kims journey and lessons learned along the way to growing Mr Yum• The lack of female CEO's in Tech and why that might be?• Growing a global team and giving autonomy.• How to grow adoption rates with your customers and their teams • Whether the industry is getting it right in terms of tech and the role both the suppliers and the operators have to play. • The values of Mr Yum and how Kim believes " running towards fire " is key to any business as it grows quickly• The difference between the markets in Australia and the UK• The latest developments in data and how we can empower the servers at the table to personalise the experience Tune in every week for your weekly fix of Tech on Toast.
PayPal The Adaptables | Episode 5: Kim Teo x Mr Yum
PayPal - The Adaptables
Businesses around the world have been forced to adapt, pivot and shift their strategies quickly to stay alive during the recent pandemic. We sat down with some of Australia’s small businesses to discuss their success stories.Melbourne-based start-up Mr Yum started as a free online platform that showed customers what their meal would look like before they ordered it. They evolved to provide an in-venue ordering, takeaway and delivery platform, but then COVID-19 completely removed the ability to dine-in at restaurants and forced everyone to eat at home. While many Food and Beverage businesses pivoted to takeaway, many institutions were still feeling the pinch from thin hospitality industry margins.Mr Yum quickly helped their customers pivot to provide online ordering for pick up and local delivery, taking just 4.5 per cent commission and helping local businesses stay afloat.
S2E7: Mr Yum's Kim Teo | People Building Businesses S2E7
People Building Businesses
A conversation with a Melbourne startup that’s helping bars, cafes and restaurants stay alive in these uncertain times. Mr Yum's Kim Teo is the guest on this episode of People Building Businesses. Our host Jason Lim (YBF Ventures) and Kim speak about her switch from corporate life to startups, a failed business, the experiment that Mr Yum grew from, their approach to funding, COVID-19's impact on hospitality, taking on UberEats and Deliveroo and future plans for the company. The podcast was produced, shot and edited by Joe Harrington.See omnystudio.com/listener for privacy information.
Episode 57 - How to build a hospitality brand for all the right reasons with Mr Yum founder Kim Teo
Principle of Hospitality
Episode 57 - How to build a hospitality brand for all the right reasons with Mr Yum founder Kim Teo After so much debate over the last 6 months about delivery platforms and disruption I wanted to have a guest on my podcast that I very much respect in this space, especially during these times I knew that Kim Teo would provide great insights of what she is doing with Mr Yum.In this podcast we talk about how the brand started whilst they were busy building other brand ideas, how they were able to adapt from a picture menu QR code, to a payment gateway and now to a delivery facility.I hope you enjoy this podcast as we navigate how to make this industry profitable and flexible for owners moving forward.You can find out more about Mr Yum here: https://www.mryum.com/
Interview with Kim Teo, CEO & Co-Founder of Mr Yum
My Restaurant Life
Mr Yum produces beautiful digital menus and web-based ordering & payment for the best pubs, cafes, bars and restaurants in Australia & SE Asia! It was named by Startup Smart as one of the top 12 Startups to Watch in 2020! This interview is filled with energy, great discussion and fabulous insights into the world of web based ordering.
Kim Teo, joins us today to share her experience in the startup world and how she’s applied it to hospitality, with her digital menu application, Mr Yum. During capital raising, Mr Yum attracted the attention of angel investors, bar and restaurant owners and Australian Venue Co to quickly and confidently cover the $700,000 they originally aimed for. Kim is also a co-founder of Pitchblak, a startup incubator based in Melbourne and is active in the Australian startup community.
#60: Part 2 - Kim Teo on growth, short circuiting to success and market-place business models
Founder to Founder with PhilHSC
In the second part of this special two-part conversation of Founder To Founder, Phil speaks with serial entrepreneur, Kim Teo.Kim Teo is Co-Founder of PitchBlak, Australia’s largest supporter of idea-stage entrepreneurs. PitchBlak has raised $20M for their own startups and learned plenty of hard lessons along the way. Alongside continuing to launch their own ventures, they now help founders across Australia to validate their ideas and build a compelling story to get pre-seed investment.And here are five things you'll want to know about Kim before you meet:• There's always an audiobook or podcast playing• Get a kick out of spotting and seizing opportunities• Say what I'll do and do what I say• Straight up, respectful, no BS• ENTP – Extrovert, Intuitive, Thinking, ProspectingKim and Phil talk about growth, short circuits to success by leveraging the knowledge of entrepreneurs around the world, how to think about market-place businesses and three habits that make founders successful.Follow Phil HSC:iTunes: http://apple.co/2pc0GqJSpotify: http://spoti.fi/2AdJcPHOvercast: http://bit.ly/2HhJAMXInstagram: https://www.instagram.com/philhsc/LinkedIn: https://www.linkedin.com/in/philhsc/If you'd like to know when new episodes are released or when Phil publishes his weekly blog post, sign up for the insider's email list here.