In this engaging conversation, Ritesh shares his journey from a young coder to a successful entrepreneur in the event promotion industry. He discusses the challenges faced by event promoters, the innovative solutions offered by Ticket Fairy, and the potential of AI to revolutionize the events industry. Ritesh emphasizes the importance of community, connections, and adapting to market changes, particularly in the wake of COVID-19. His insights provide a unique perspective on the intersection of technology and music, highlighting the need for sustainable practices in festival management.

Takeaways

• Ritesh started coding at a young age and has a deep passion for technology and music.
• The event promotion industry is challenging, with many events failing to turn a profit.
• Ticket Fairy was created to innovate the ticketing process and help promoters succeed.
• AI can significantly enhance operational efficiency in the events industry.
• Ritesh emphasizes the importance of community and connections in the music scene.
• The financial risks of event promotion often lead to personal sacrifices for promoters.
• Ritesh's journey includes a unique blend of tech and music, showcasing the power of passion.
• The importance of adapting to market changes, especially post-COVID, is crucial for event success.
• Ritesh's approach to fundraising involves building relationships and seeking advice before asking for money.
• The future of festivals relies on innovative solutions that support independent promoters.