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Richter Group

also referred to as: richter

8 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Oct 6, 2020 by Robert Cornish · said 2 times in 1 episodes since 2020 · across every show →

Mentions by year

brought up most by Robert Cornish (1), Nathan Latka (1)

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2020 2 mentions in 1 episode

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Everything said about Richter Group, oldest first

Oct 6, 2020 positive
Disclosure
Cornish: Richter aims to transition to 80% enterprise contracts
“You know, we want to have 80% contracts and 20% transactional. Right now we still have probably 80% transactional and moving in and 20% contract.”
Robert Cornish Oct 6, 2020 ▶ 8:56 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020 positive
Insight
Cornish: Enterprise clients buy strategic communication rather than video production
“I don't believe that clients are coming to us for video. I believe they're coming to us for communication. Our job is to actually understand who's watching this, why they're watching this, what are the pain points, how to get in their head and how to move peop…”
Robert Cornish Oct 6, 2020 ▶ 12:15 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020 positive
Disclosure
Cornish: Richter secured SAP and HP as early enterprise clients
“To get the initial logos, I remember getting SAP and getting HP and sort of getting traction there, but it was very hard initially and we had to really aggressively sell and kind of fly under the radar on some companies like maybe win a little sale and then ge…”
Robert Cornish Oct 6, 2020 ▶ 2:15 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020 neutral
Disclosure
Cornish: Richter employs 35 creative specialists and zero software engineers
“About 35 total right now. ... No engineers really talented, creative people. So for us, you know, we're, we have animators, we have videographers, we have audio engineers, we have copywriters and voiceover talent, all that kind of stuff. We're not doing any bu…”
Robert Cornish Oct 6, 2020 ▶ 10:22 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020
Disclosure
Cornish: Richter paid off nearly all its $300K debt in 2020
“We had you know, we had about 300,000 dollars in just some debts at the beginning of the year, which we've paid off almost entirely from February until now. And actually, I had to buy out my partner last year, so that was part of that.”
Robert Cornish Oct 6, 2020 ▶ 23:18 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020 bullish
Prediction Not checkable as stated
Cornish: Richter expects just under $5M in 2020 revenue
“Just under five this year.”
Robert Cornish Oct 6, 2020 ▶ 5:01 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020
Assertion Not checkable as stated
Cornish: Richter was slightly profitable on $3.5M in 2019 revenue
“We profit a little bit last year.”
Robert Cornish Oct 6, 2020 ▶ 22:23 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
Oct 6, 2020 positive
Disclosure
Cornish aims to build a billion-dollar agency conglomerate over software
“I want to do the first thing you said. I've always wanted to do the first thing you said.”
Robert Cornish Oct 6, 2020 ▶ 12:51 Richter Hits $4.5m Fine Tuning Sales Process For F500 Brands
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