In Episode 42 of Y’all Street, host Tarek Saab interviews Matthew Iommi, Co-Founder and CEO of Fetii, exploring how to outmaneuver rideshare giants.
In the competitive world of sports, just like in entrepreneurship, the right strategy can lead you to victory. Matthew Iommi, the Co-Founder and CEO of Fetii, has shown that with the right playbook, you can disrupt even the most established players. In this episode, Iommi shares how his company has secured big stadium contracts and grown its user base, all while transforming the group transportation game.
Building a Championship Rideshare Team
Iommi’s journey began in college when he and his co-founder discovered a used party bus on Facebook Marketplace. This hands-on experience taught them the importance of understanding the market, much like a coach analyzing game film to identify weaknesses in the competition. They quickly recognized the outdated charter bus model was leaving a gap in the group transit market.
Scoring Big with Government Contracts
When the COVID-19 pandemic hit, many businesses faltered, but Iommi pivoted smartly. He leveraged Fetii’s technology to secure government contracts for contact tracing at Texas A&M University. This strategic move kept the company afloat and allowed it to adapt, similar to how a star quarterback adjusts plays based on opponents’ defenses.
We wanted to do it on a per person charge… You call the Fetii. We say you book it like Uber and Lyft, but you pay by scanning the QR code.
Matthew Iommi
As Fetii continues to grow, Iommi emphasizes the importance of understanding customer needs. By tapping into group dynamics-much like a successful team chemistry-Fetii has become the go-to option for college students and groups, making memorable experiences possible.
In this episode, listeners gain insights not only into how Fetii is reshaping the rideshare industry but also into the mindset required to thrive in competitive spaces. The episode serves as a reminder for sports fans and aspiring entrepreneurs alike: with the right strategy and a willingness to pivot, you can achieve championship-level success.
