Interview with Romain Teufert, Founder and CEO Of BeJuicy
Check out the most recent Interview of Founder Spotlight series, where we introduce Romain Teufert, the founder and CEO of BeJuicy. We are thrilled to share the story of BeJuicy, one of the best-growing social networking platforms.
Welcome, Romain Teufert! Can you provide an overview of BeJuicy and its unique position in the Social Networking Platforms market, especially in empowering individuals to monetize their skills?
Yes, of course, what makes us totally unique on the monetization market is the fact that we allow anyone to monetize a premium channel from the very first subscriber, leaving the choice of channel price entirely up to the creator.
Creators can monetize lives, replays, Vods, podcasts and articles. And, of course, they can interact with their community.
What inspired the creation of BeJuicy, and were there specific challenges in the social networking space that the platform aimed to address?
We realized that to make money on social networks, you either need to have tens or hundreds of thousands of subscribers, or you have to like showing off your naked body. So we wanted to reverse this trend by banning adult content from our platform and giving the the creator has the upper hand. He or she decides how much it costs to connect to a live channel with him, he or she decides how much replay costs, and he or she decides how much Vods or podcasts cost. He or she decides the price of his premium channel. And from the very first subscriber, he or she wins.
Elaborate on your role as the Chief Executive Officer of BeJuicy. How does your background as an author, board member, and consultant contribute to the strategic vision and the success of BeJuicy?
It takes a certain rigor and organization to write a book, you can’t do it overnight, you have to work according to an established plan, that’s what I impose on myself with BeJuicy. A board of directors, whatever it may be, allows for teamwork, listening and exchange, and that’s what we do with BeJuicy. Being a consultant is extremely useful as this occupation has many facets, all of which are useful to help BeJuicy grow: being able to lead a team, analyze problems and find solutions to solve them for instance.
In your current role at BeJuicy, what strategies or initiatives have you implemented to effectively lead and position BeJuicy in the competitive landscape of social networking platforms?
We just launched the platform 3 months ago. We’re supporting the first users and starting to develop marketing on different social networks. We don’t see traditional social networks as competitors, but as different tools dedicated to big, very big influencers. We’re targeting all content creators, whatever size their community may be.
As the CEO, what are the unique selling points or features that make BeJuicy. stand out in the social networking space, and how do these contribute to the platform’s effectiveness?
Our major difference is that we offer monetization from the very first subscriber. We’re also a one-stop shop for monetizing lives, replays and podcasts. As a French company, we are subject to French and European law.
Can you share insights into recent developments or initiatives at BeJuicy that contribute to its growth? Are there specific areas or advancements you plan to focus on in the near future?
We’re already being joined by institutions concerned with the ethics of social networking. We want to develop artificial intelligence to help us with platform moderation and be a “wise space” which is unusual given the current state of social networking.
Congratulations on the recent Seed funding of $482K! How do you, as the CEO, plan to utilize this funding to further the goals and vision of BeJuicy?
Thank you. In marketing, but also in the development of artificial intelligence and a mobile application.
As BeJuicy grows, could you mention the importance of the cap table management system in dealing with relationships among founders, investors, shareholders, and others?
We have set up a strategic committee that is not just made up of founders and associates, to keep an outside eye on our development and enable us to make the best decisions for the future.
What advice do you have for founders in the Social Networking Platforms space, especially those seeking funding?
To hang on because there’s a lot of turbulence. To think about ethics, respect for the law and, above all, the user, whoever he or she may be.