Cowboy Forecasting: The Power of Fast Informed Estimates on the Back of an Envelope

In this episode of the "Run the Numbers" podcast, CJ interviews Kevin Drost, CFO of New Era ADR, about his unconventional career path from music talent scout to finance leader. Kevin shares insights from his time at Sony and Reverb, drawing parallels between the music industry and venture capital. He discusses the importance of simple forecasting, understanding the customer, and promoting financial literacy within a company. Kevin also details how New Era ADR is disrupting the legal industry by offering flat-fee dispute resolution services, emphasizing the role of finance in rethinking traditional pricing models.