{"id":640548,"date":"2024-08-27T00:00:00","date_gmt":"2024-08-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/27\/meet-our-founder-of-the-week-dynes-amr-farid\/"},"modified":"2024-08-27T00:00:00","modified_gmt":"2024-08-27T00:00:00","slug":"meet-our-founder-of-the-week-dynes-amr-farid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/27\/meet-our-founder-of-the-week-dynes-amr-farid\/","title":{"rendered":"Meet our founder of the week: Dyne\u2019s Amr Farid"},"content":{"rendered":"

OUR FOUNDER OF THE WEEK- <\/strong>Every Tuesday, Founder of the Week looks at how a successful member of Egypt\u2019s startup community got their big break, asks about their experiences running a business, and gets their advice for budding entrepreneurs. Speaking to us this week is Amr Farid (LinkedIn<\/a>), co-founder and CEO of Dyne.<\/p>\n

My name is Amr Farid and I am the co-founder and CEO of <\/strong>Dyne<\/a><\/strong>, a dynamic one-stop-shop to facilitate the operation of restaurants. Dyne is transforming the restaurant industry by turning real-time data into actionable insights for restaurant owners. Our platform offers a comprehensive suite of digital services, including menu management, ordering, payments, reservations, and a unique loyalty program \u2014 all aimed at enhancing customer experiences and operational efficiency.<\/p>\n

I <\/strong>graduated<\/strong> in 2003 with a bachelor's degree in Computer Science from MSA, and spent <\/strong>12 years rotating through various departments at Vodafone. <\/strong>These included finance, HR, channel marketing, marketing communications, consumer segment, and technical. This provided me with a comprehensive understanding of how the company operates.<\/p>\n

Dyne is my second entrepreneurial venture, following the success of SPADE Consulting<\/strong>, which I co-founded in 2016. SPADE<\/a> quickly became one of the top 10 digital and marketing agencies in Egypt, with a footprint in the GCC and Europe. In late 2021, I saw a gap in the F&B sector that required a fully digitized platform, and that\u2019s when Dyne was born.<\/p>\n

That gap in the market was huge, and was specifically evident during Covid-19, <\/strong>when digital menus and QR codes caught on \u2014 a quick fix for a perpetual issue. It shouldn\u2019t have been about having a soft copy of the menu on the customer\u2019s phone \u2014 the digitized platform should be interactive and provide data that would then improve the customer experience.<\/p>\n

We currently serve over 100 branches across Egypt, UAE, and KSA<\/strong>, helping them streamline operations and reduce waste in fulfillment of one of our key principles: \u201cEat, drink, but not excessively.\u201d Unlike competitors, Dyne integrates tools that provide deep, actionable customer insights, fostering loyalty and driving profitability.<\/p>\n

While we are still early in our journey, a key indicator of potential success is the market\u2019s <\/strong>positive response to our services.<\/strong> Operating in three countries is a strong testament to our growing influence and the value we bring to the F&B industry.<\/p>\n

In five years, our goal is to become the market leader in providing seamless digital<\/strong> experiences within restaurants.<\/strong> We plan to achieve this by continuously innovating our platform, expanding our market presence, and building strong partnerships across the F&B sector.<\/p>\n

The current economic climate, particularly in Egypt, is challenging. <\/strong>However, the F&B sector remains relatively stable, as dining out has become a primary leisure activity for consumers. Our platform focuses on cost optimization, making our services highly appealing to restaurants striving to maintain profitability amid economic uncertainty.<\/p>\n

Balancing work and life in a startup environment is challenging<\/strong>, but it\u2019s all about effective time management and commitment. Personally, I maintain this balance by playing professional football in the 4th League Division, which demands time, training, and dedication. It's all about timestamping, too. I\u2019m punctual. I sometimes book slots for meetings with my kids. If I don\u2019t have everything down on a calendar then I wouldn\u2019t get anything done.<\/p>\n

There\u2019s this book I highly recommend. <\/strong>It\u2019s called The Future is Faster Than You Think<\/a>. It gives you insight on what to expect and how to make every plan that you have in mind easier to achieve.<\/p>\n

If I could go back in time, I would tell my younger self to focus on connections <\/strong>and growing my network. It\u2019s all about building relationships, and it\u2019s worth investing time in.<\/p>\n

Advice I would give to new entrepreneurs is to be consistent and patient. <\/strong>The entrepreneurial journey is full of ups and downs, but perseverance is essential in the long journey to claim success. Launching is just the start.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dyne is a dynamic one-stop-shop to facilitate the operation of restaurants<\/p>\n","protected":false},"author":1,"featured_media":640549,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7357],"tags":[633,1530],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-founder-of-the-week","tag-enterprisepm","tag-founder-of-the-week","wpautop","entry"],"acf":{"mongo_id":"5356c3f9-e60d-4d96-a597-6f6fb9222cce","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/2239.jpg","photo_position":"above","homepage_title":"Meet our founder of the week: Dyne\u2019s Amr Farid","full_issue_title":"","related_issue":[640533],"teaser":"Dyne is a dynamic one-stop-shop to facilitate the operation of restaurants","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.fcf2d1ef-03c6-4c86-aaa6-1bfd1d8f0656.mp3"},"yoast_head":"\nMeet our founder of the week: Dyne\u2019s Amr Farid - 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