Key Takeaways:
0:00 Intro
0:41 Hosam shares a little background of what made him to become an entrepreneur he is now
2:29 Hosam talks about the history of his company and why he decided to venture into fashion industry
4:23 Hosam talks about e-commerce and what led them to take their fashion business online and how convenient it is to both the businessman and the customers
6:37 Hosam talks about how it was becoming an entrepreneur and starting a business in times when entrepreneurship was not so common
8:06 Hosam also talks about their growth process and the positive and the negative things that he and the company encountered
11:07 Hosam shares his experience with e-commerce and the challenges that he faced while scaling specifically with e-commerce
13:00 Hosam talks about cross-border scaling challenge that they faced as a business and how they dealt with it
15:16 Hosam shares an advice to entrepreneurs who are planning to be in the e-commerce, what to do and what not to do
16:50 Hosam also shares his thoughts on vertical e-commerce and horizontal e-commerce and which is more convenient especially in these times
19:02 Hosam talks about Omni-channel retail and shares his thoughts around it if it’s important
20:49 Hosam talks about what prompted him to move from the fashion world to FinTech and how that has been for him
24:25 Hosam explains different reasons as to why FinTech is doing well in some regions than others
25:26 Hosam also explains why FinTech is growing quicker nowadays as opposed to earlier days
27:27 Hosam compares his early stage back then in his first company and early stage now in his new venture Tabby
28:50 Hosam talks about the challenges that he and the company are facing today as a startup and if they are different from ones from initial company
30:36 Hosam talks about the advice he would give to someone in power with the ability to change entrepreneurship if he was given the chance
31:23 Hosam also shares advice to the young that are planning on starting their entrepreneurial journey
32:44 Hosam talks about the impacts that the pandemic has caused especially in the e-commerce
34:40 Hosam shares the vision of Tabby in the near future
Shows Mentioned:
https://tabby.ai/
https://en-global.namshi.com/
Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States.
Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, a search engine, cloud computing, software, and hardware.
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
BeautyCart is a dynamic and rejoice online seller.
Omni-channel retail is a multichannel approach to sales that focus on providing seamless customer experience whether the client is shopping online from a mobile device, a laptop or in a brick-and-mortar store.
Emaar Properties is an Emirati multinational real estate Development Company located in the United Arab Emirates.
FinTech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes.
Quotes Mentioned:
“Fashion was one of those that everyone globally was sort of questioning whether it could work online.”
“Offering customer convenient option needs to come at the same time as a great experience overall.”
“Unless you're very clearly differentiated don't get in to e-commerce.”
“Don’t get in e-commerce if your expectations are becoming number one and dominating the market.”
“When you invest too quickly in inventory, you end up making way too many mistakes that end up killing the business.”
“You can't do entrepreneurship as a side hustle.”
“Unless you're able to invest time and effort into a startup, it's definitely not a hobby.”
Guests Social Media Links:
LinkedIn: https://www.linkedin.com/in/hosam/?originalSubdomain=ae
Twitter: https://twitter.com/hosamarab?lang=en
0:00 Intro
0:41 Hosam shares a little background of what made him to become an entrepreneur he is now
2:29 Hosam talks about the history of his company and why he decided to venture into fashion industry
4:23 Hosam talks about e-commerce and what led them to take their fashion business online and how convenient it is to both the businessman and the customers
6:37 Hosam talks about how it was becoming an entrepreneur and starting a business in times when entrepreneurship was not so common
8:06 Hosam also talks about their growth process and the positive and the negative things that he and the company encountered
11:07 Hosam shares his experience with e-commerce and the challenges that he faced while scaling specifically with e-commerce
13:00 Hosam talks about cross-border scaling challenge that they faced as a business and how they dealt with it
15:16 Hosam shares an advice to entrepreneurs who are planning to be in the e-commerce, what to do and what not to do
16:50 Hosam also shares his thoughts on vertical e-commerce and horizontal e-commerce and which is more convenient especially in these times
19:02 Hosam talks about Omni-channel retail and shares his thoughts around it if it’s important
20:49 Hosam talks about what prompted him to move from the fashion world to FinTech and how that has been for him
24:25 Hosam explains different reasons as to why FinTech is doing well in some regions than others
25:26 Hosam also explains why FinTech is growing quicker nowadays as opposed to earlier days
27:27 Hosam compares his early stage back then in his first company and early stage now in his new venture Tabby
28:50 Hosam talks about the challenges that he and the company are facing today as a startup and if they are different from ones from initial company
30:36 Hosam talks about the advice he would give to someone in power with the ability to change entrepreneurship if he was given the chance
31:23 Hosam also shares advice to the young that are planning on starting their entrepreneurial journey
32:44 Hosam talks about the impacts that the pandemic has caused especially in the e-commerce
34:40 Hosam shares the vision of Tabby in the near future
Shows Mentioned:
https://tabby.ai/
https://en-global.namshi.com/
Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States.
Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, a search engine, cloud computing, software, and hardware.
Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
BeautyCart is a dynamic and rejoice online seller.
Omni-channel retail is a multichannel approach to sales that focus on providing seamless customer experience whether the client is shopping online from a mobile device, a laptop or in a brick-and-mortar store.
Emaar Properties is an Emirati multinational real estate Development Company located in the United Arab Emirates.
FinTech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes.
Quotes Mentioned:
“Fashion was one of those that everyone globally was sort of questioning whether it could work online.”
“Offering customer convenient option needs to come at the same time as a great experience overall.”
“Unless you're very clearly differentiated don't get in to e-commerce.”
“Don’t get in e-commerce if your expectations are becoming number one and dominating the market.”
“When you invest too quickly in inventory, you end up making way too many mistakes that end up killing the business.”
“You can't do entrepreneurship as a side hustle.”
“Unless you're able to invest time and effort into a startup, it's definitely not a hobby.”
Guests Social Media Links:
LinkedIn: https://www.linkedin.com/in/hosam/?originalSubdomain=ae
Twitter: https://twitter.com/hosamarab?lang=en
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